Abu Dhabi Aviation

Abu Dhabi Aviation Co.

ADAVIATIONStocksAbu Dhabi Securities ExchangeTransportation

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	2.27B	1.91B	1.66B	1.98B	2.03B
Cost of Revenue	1.84B	1.54B	1.38B	1.65B	1.50B
Gross Profit	434.25M	375.33M	278.98M	330.23M	537.96M
SG&A	217.53M	182.92M	126.19M	163.55M	162.69M
Operating Expenses	191.65M	200.38M	141.87M	165.38M	175.68M
Operating Income	242.60M	174.95M	137.11M	164.86M	362.28M
Interest Income	49.66M	41.74M	33.30M	39.95M	29.19M
Interest Expense	-17.56M	-16.58M	-17.19M	-16.48M	-12.07M
Other Income/Expense	19.76M	23.06M	25.00M	13.19M	-20.29M
Pretax Income	410.19M	322.93M	197.27M	233.86M	412.04M
Income Tax	42.25M	18.86M	18.18M	18.53M	40.72M
Net Income	295.11M	248.44M	145.76M	172.06M	225.94M
EBITDA	264.96M	180.34M	180.23M	186.18M	381.02M
EBIT	242.60M	174.95M	137.11M	164.86M	362.28M
EPS (Basic)	0.27	0.23	0.13	0.16	0.21
EPS (Diluted)	0.27	0.23	0.13	0.16	0.21
Margins & Efficiency
Gross Margin %	+19.1%	+19.6%	+16.8%	+16.7%	+26.4%
EBITDA Margin %	+11.7%	+9.4%	+10.9%	+9.4%	+18.7%
Net Margin %	+13.0%	+13.0%	+8.8%	+8.7%	+11.1%
Revenue & Income
Revenue	2.27B	1.91B	1.66B	1.98B	2.03B
Revenue Growth (YoY)	+11.7%	+3.3%	+7.1%	+17.5%	+5.5%
Interest & Investment Income	49.66M	41.74M	33.30M	39.95M	29.19M
Earnings From Equity Investments	26.66M	35.86M	19.06M	26.21M	17.46M
Gain (Loss) on Sale of Assets	9.80M	—	—	—	3.85M
Gain (Loss) on Sale of Investments	-1.68M	9.29M	—	6.13M	7.57M
Currency Exchange Gain (Loss)	-2.24M	—	—	—	1.16M
Expenses & Provisions
Cost of Revenue	1.84B	1.54B	1.38B	1.65B	1.50B
Selling, General & Admin	217.53M	182.92M	126.19M	163.55M	162.69M
Operating Expenses	191.65M	200.38M	141.87M	165.38M	175.68M
Interest Expense	-17.56M	-16.58M	-17.19M	-16.48M	-12.07M
Other Non Operating Income (Expenses)	19.76M	23.06M	25.00M	13.19M	-20.29M
Asset Writedown	83.19M	54.60M	—	—	0.67M
D&A For EBITDA	22.36M	5.40M	43.11M	21.32M	18.74M
Profitability & Returns
Gross Profit	434.25M	375.33M	278.98M	330.23M	537.96M
Gross Margin	+19.1%	+19.6%	+16.8%	+16.7%	+26.4%
EBIT	242.60M	174.95M	137.11M	164.86M	362.28M
EBIT Margin	+10.7%	+9.2%	+8.3%	+8.3%	+17.8%
EBITDA	264.96M	180.34M	180.23M	186.18M	381.02M
EBITDA Margin	+11.7%	+9.4%	+10.9%	+9.4%	+18.7%
EBT Excluding Unusual Items	318.89M	259.03M	197.27M	227.73M	377.73M
Pretax Income	410.19M	322.93M	197.27M	233.86M	412.04M
Operating Income	242.60M	174.95M	137.11M	164.86M	362.28M
Operating Margin	+10.7%	+9.2%	+8.3%	+8.3%	+17.8%
Profit Margin	+13.0%	+13.0%	+8.8%	+8.7%	+11.1%
Net Income	295.11M	248.44M	145.76M	172.06M	225.94M
Net Income to Common	295.11M	248.44M	145.76M	172.06M	225.94M
Net Income Growth	+30.6%	+30.1%	-79.2%	+1,332.5%	—
Earnings From Continuing Ops.	367.94M	304.07M	179.10M	215.33M	371.32M
Minority Interest in Earnings	-72.83M	-55.63M	-33.33M	-43.27M	-145.38M
Income Tax Expense	42.25M	18.86M	18.18M	18.53M	40.72M
Effective Tax Rate	+10.3%	+5.8%	+9.2%	+7.9%	+9.9%
Per Share & Capital
EPS (Basic)	0.27	0.23	0.13	0.16	0.21
EPS (Diluted)	0.27	0.23	0.13	0.16	0.21
EPS Growth	+30.7%	+30.1%	-82.0%	+751.6%	—
Dividend Per Share	0.30	—	—	—	0.30
Shares Change (YoY)	-0	—	0.15	0.68	0.68
Shares Outstanding (Basic)	1.10B	1.10B	1.10B	1.10B	1.10B
Shares Outstanding (Diluted)	1.10B	1.10B	1.10B	1.10B	1.10B
Free Cash Flow	1.06B	-0.11B	0.80B	-0.93B	1.01B
Free Cash Flow Margin	+46.6%	-5.8%	+48.5%	-46.8%	+49.4%
Free Cash Flow Per Share	0.97	-0.10	0.73	-0.84	0.92
Supplemental
Other Unusual Items	—	—	—	—	22.22M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	2.27B	1.91B	1.66B	1.98B	2.03B
Cost of Revenue	1.84B	1.54B	1.38B	1.65B	1.50B
Gross Profit	434.25M	375.33M	278.98M	330.23M	537.96M
SG&A	217.53M	182.92M	126.19M	163.55M	162.69M
Operating Expenses	191.65M	200.38M	141.87M	165.38M	175.68M
Operating Income	242.60M	174.95M	137.11M	164.86M	362.28M
Interest Income	49.66M	41.74M	33.30M	39.95M	29.19M
Interest Expense	-17.56M	-16.58M	-17.19M	-16.48M	-12.07M
Other Income/Expense	19.76M	23.06M	25.00M	13.19M	-20.29M
Pretax Income	410.19M	322.93M	197.27M	233.86M	412.04M
Income Tax	42.25M	18.86M	18.18M	18.53M	40.72M
Net Income	295.11M	248.44M	145.76M	172.06M	225.94M
EBITDA	264.96M	180.34M	180.23M	186.18M	381.02M
EBIT	242.60M	174.95M	137.11M	164.86M	362.28M
EPS (Basic)	0.27	0.23	0.13	0.16	0.21
EPS (Diluted)	0.27	0.23	0.13	0.16	0.21
Margins & Efficiency
Gross Margin %	+19.1%	+19.6%	+16.8%	+16.7%	+26.4%
EBITDA Margin %	+11.7%	+9.4%	+10.9%	+9.4%	+18.7%
Net Margin %	+13.0%	+13.0%	+8.8%	+8.7%	+11.1%
Revenue & Income
Revenue	2.27B	1.91B	1.66B	1.98B	2.03B
Revenue Growth (YoY)	+11.7%	+3.3%	+7.1%	+17.5%	+5.5%
Interest & Investment Income	49.66M	41.74M	33.30M	39.95M	29.19M
Earnings From Equity Investments	26.66M	35.86M	19.06M	26.21M	17.46M
Gain (Loss) on Sale of Assets	9.80M	—	—	—	3.85M
Gain (Loss) on Sale of Investments	-1.68M	9.29M	—	6.13M	7.57M
Currency Exchange Gain (Loss)	-2.24M	—	—	—	1.16M
Expenses & Provisions
Cost of Revenue	1.84B	1.54B	1.38B	1.65B	1.50B
Selling, General & Admin	217.53M	182.92M	126.19M	163.55M	162.69M
Operating Expenses	191.65M	200.38M	141.87M	165.38M	175.68M
Interest Expense	-17.56M	-16.58M	-17.19M	-16.48M	-12.07M
Other Non Operating Income (Expenses)	19.76M	23.06M	25.00M	13.19M	-20.29M
Asset Writedown	83.19M	54.60M	—	—	0.67M
D&A For EBITDA	22.36M	5.40M	43.11M	21.32M	18.74M
Profitability & Returns
Gross Profit	434.25M	375.33M	278.98M	330.23M	537.96M
Gross Margin	+19.1%	+19.6%	+16.8%	+16.7%	+26.4%
EBIT	242.60M	174.95M	137.11M	164.86M	362.28M
EBIT Margin	+10.7%	+9.2%	+8.3%	+8.3%	+17.8%
EBITDA	264.96M	180.34M	180.23M	186.18M	381.02M
EBITDA Margin	+11.7%	+9.4%	+10.9%	+9.4%	+18.7%
EBT Excluding Unusual Items	318.89M	259.03M	197.27M	227.73M	377.73M
Pretax Income	410.19M	322.93M	197.27M	233.86M	412.04M
Operating Income	242.60M	174.95M	137.11M	164.86M	362.28M
Operating Margin	+10.7%	+9.2%	+8.3%	+8.3%	+17.8%
Profit Margin	+13.0%	+13.0%	+8.8%	+8.7%	+11.1%
Net Income	295.11M	248.44M	145.76M	172.06M	225.94M
Net Income to Common	295.11M	248.44M	145.76M	172.06M	225.94M
Net Income Growth	+30.6%	+30.1%	-79.2%	+1,332.5%	—
Earnings From Continuing Ops.	367.94M	304.07M	179.10M	215.33M	371.32M
Minority Interest in Earnings	-72.83M	-55.63M	-33.33M	-43.27M	-145.38M
Income Tax Expense	42.25M	18.86M	18.18M	18.53M	40.72M
Effective Tax Rate	+10.3%	+5.8%	+9.2%	+7.9%	+9.9%
Per Share & Capital
EPS (Basic)	0.27	0.23	0.13	0.16	0.21
EPS (Diluted)	0.27	0.23	0.13	0.16	0.21
EPS Growth	+30.7%	+30.1%	-82.0%	+751.6%	—
Dividend Per Share	0.30	—	—	—	0.30
Shares Change (YoY)	-0	—	0.15	0.68	0.68
Shares Outstanding (Basic)	1.10B	1.10B	1.10B	1.10B	1.10B
Shares Outstanding (Diluted)	1.10B	1.10B	1.10B	1.10B	1.10B
Free Cash Flow	1.06B	-0.11B	0.80B	-0.93B	1.01B
Free Cash Flow Margin	+46.6%	-5.8%	+48.5%	-46.8%	+49.4%
Free Cash Flow Per Share	0.97	-0.10	0.73	-0.84	0.92
Supplemental
Other Unusual Items	—	—	—	—	22.22M