Air Arabia PJSC

DFM:AIRARABIAIndustrialsDFM:DFMGI

——At close · Market cap — · Next earnings Mon 16 Nov

AIRARABIA · Income statement · TradingHolo

AED billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	1.9	3.2	5.2	6.0	6.6	7.8	7.8	+0.5%
Cost of revenue	1.8	2.3	3.8	4.3	5.1	6.1	6.4	+5.0%
Gross profit	0.0	0.9	1.4	1.7	1.6	1.7	1.4	−15.9%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	0.1	0.1	0.1	0.2	0.2	0.2	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.1	0.1	—	—
Operating expenses	0.2	0.2	0.4	0.4	0.4	0.4	0.5	+16.0%
Operating income	(0.0)	0.9	1.3	1.2	1.2	1.3	0.9	−25.7%
Interest expense	0.1	0.1	0.1	0.1	0.1	0.1	0.1	+22.5%
Interest income	0.1	0.1	0.1	0.2	0.3	0.2	0.2	−8.9%
Other income / expense	(0.0)	0.1	0.1	0.3	0.4	0.6	—	—
Pre-tax income	(0.2)	0.7	1.2	1.5	1.6	1.8	1.3	−28.9%
Income tax	0.6	0.6	0.0	0.0	0.1	0.2	0.1	−38.0%
Net income	(0.2)	0.7	1.2	1.5	1.5	1.6	1.3	−19.6%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	(0.04)	0.15	0.26	0.33	0.31	0.35	0.28	−19.8%
EPS, diluted (per share)	(0.04)	0.15	0.26	0.33	0.31	0.35	0.28	−19.8%
EBITDA	0.5	1.5	2.0	2.2	2.2	2.5	1.6	−36.4%
Depreciation & amortization	0.6	0.6	0.6	0.6	0.6	0.6	0.7	+6.2%
Weighted average shares (shares)	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	—	—
Weighted average diluted shares (shares)	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	4,666,700,000	—	—
Gross margin	0.2%	27.8%	27.3%	27.6%	23.5%	21.3%	17.8%	−3.5 pts
Operating margin	−1.9%	27.0%	25.3%	20.7%	17.8%	16.3%	12.0%	−4.3 pts
Net margin	−10.4%	22.7%	23.3%	25.8%	22.1%	20.9%	16.7%	−4.2 pts

AED billionsUpdated Wed 12 Aug ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.