| AED millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 145.9 | 122.0 | 137.2 | 105.5 | 88.7 | 308.6 | +248.0% | |
| Cost of revenue | 151.4 | 106.8 | 116.7 | 95.9 | 97.8 | 129.1 | +31.9% | |
| Gross profit | (5.6) | 15.2 | 20.5 | 9.6 | (9.1) | 178.4 | +2050.2% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 7.3 | 6.0 | 5.8 | 12.9 | 10.1 | 49.7 | +392.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 17.5 | — | |
| Operating expenses | 7.5 | 9.0 | 0.7 | 1.9 | 22.4 | 76.6 | +242.5% | |
| Operating income | (14.9) | 9.0 | 19.2 | 7.7 | (31.5) | 101.7 | +422.7% | |
| Interest expense | 44.5 | 40.1 | 32.5 | 22.5 | 20.3 | 86.7 | +327.8% | |
| Interest income | 44.8 | 40.1 | 32.5 | 2.7 | 7.5 | 4.8 | −36.0% | |
| Other income / expense | (264.8) | (40.4) | (25.0) | 13.6 | 9.5 | (88.0) | −1029.1% | |
| Pre-tax income | (277.2) | 61.4 | 6.5 | 21.3 | (22.1) | 13.7 | +162.3% | |
| Income tax | 1.8 | 1.8 | 1.8 | 0.0 | (2.0) | 0.0 | +100.0% | |
| Net income | (279.1) | 58.1 | 4.9 | 21.3 | (20.1) | 13.7 | +168.4% | |
| 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) | (0.55) | 0.11 | 0.01 | 0.02 | (0.02) | 0.01 | +124.3% | |
| EPS, diluted (per share) | (0.55) | 0.11 | 0.01 | 0.02 | (0.02) | 0.01 | +124.3% | |
| EBITDA | (190.5) | 139.2 | 68.1 | 75.7 | 42.6 | 151.9 | +256.6% | |
| Depreciation & amortization | 46.8 | 40.0 | 41.5 | 36.7 | 45.1 | 51.5 | +14.2% | |
| Weighted average shares (shares) | 509,604,625 | 509,604,625 | 637,695,624 | 925,479,458 | 812,451,303 | 2,464,167,000 | +203.3% | |
| Weighted average diluted shares (shares) | 509,604,625 | 509,604,625 | 637,695,624 | 925,479,458 | 812,451,303 | 2,464,167,000 | +203.3% | |
| Gross margin | −3.8% | 12.4% | 14.9% | 9.1% | −10.3% | 57.8% | +68.1 pts | |
| Operating margin | −10.2% | 7.4% | 14.0% | 7.3% | −35.5% | 33.0% | +68.5 pts | |
| Net margin | −191.3% | 47.6% | 3.5% | 20.2% | −22.6% | 4.5% | +27.1 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
