ALPHA DHABI HOLDING

Alpha Dhabi Holding PJSC

ALPHADHABIStocksAbu Dhabi Securities ExchangeIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	78.78B	63.40B	45.42B	40.05B	18.67B
Cost of Revenue	60.03B	49.96B	36.14B	30.36B	13.07B
Gross Profit	18.74B	13.43B	9.27B	9.69B	5.60B
SG&A	3.64B	2.91B	3.06B	4.17B	0.97B
Operating Expenses	4.78B	3.81B	4.20B	5.17B	1.37B
Operating Income	13.97B	9.62B	5.07B	4.52B	4.23B
Interest Income	1.32B	1.58B	0.89B	0.49B	0.16B
Interest Expense	-2.24B	-1.75B	-1.13B	-0.58B	-0.11B
Other Income/Expense	0.46B	0.41B	1.28B	2.28B	0.87B
Pretax Income	16.73B	14.18B	13.91B	10.68B	5.17B
Income Tax	1.70B	0.67B	0.63B	0.07B	0.01B
Net Income	7.91B	8.79B	10.58B	7.29B	3.18B
EBITDA	16.73B	11.87B	7.12B	6.37B	4.84B
EBIT	13.97B	9.62B	5.07B	4.52B	4.23B
EPS (Basic)	0.79	0.88	1.06	0.73	0.45
EPS (Diluted)	0.79	0.88	1.06	0.73	0.45
DPS	—	0.20	—	—	—
Margins & Efficiency
Gross Margin %	+23.8%	+21.2%	+20.4%	+24.2%	+30.0%
EBITDA Margin %	+21.2%	+18.7%	+15.7%	+15.9%	+25.9%
Net Margin %	+10.0%	+13.9%	+23.3%	+18.2%	+17.0%
Revenue & Income
Revenue	78.78B	63.40B	45.42B	40.05B	18.67B
Revenue Growth (YoY)	+24.3%	+39.6%	+13.4%	+114.5%	+391.0%
Interest & Investment Income	1.32B	1.58B	0.89B	0.49B	0.16B
Earnings From Equity Investments	-0.24B	1.33B	0.26B	-0.37B	0.01B
Gain (Loss) on Sale of Assets	0.04B	0.14B	7.46B	0.27B	0.00B
Gain (Loss) on Sale of Investments	3.55B	3.11B	0.09B	4.07B	0.01B
Expenses & Provisions
Cost of Revenue	60.03B	49.96B	36.14B	30.36B	13.07B
Selling, General & Admin	3.64B	2.91B	3.06B	4.17B	0.97B
Operating Expenses	4.78B	3.81B	4.20B	5.17B	1.37B
Other Operating Expenses	177.23M	67.82M	434.27M	372.10M	408.17M
Interest Expense	-2.24B	-1.75B	-1.13B	-0.58B	-0.11B
Other Non Operating Income (Expenses)	0.46B	0.41B	1.28B	2.28B	0.87B
Asset Writedown	-189.21M	-260.24M	-118.02M	—	—
D&A For EBITDA	2.76B	2.25B	2.04B	1.85B	0.61B
Profitability & Returns
Gross Profit	18.74B	13.43B	9.27B	9.69B	5.60B
Gross Margin	+23.8%	+21.2%	+20.4%	+24.2%	+30.0%
EBIT	13.97B	9.62B	5.07B	4.52B	4.23B
EBIT Margin	+17.7%	+15.2%	+11.2%	+11.3%	+22.6%
EBITDA	16.73B	11.87B	7.12B	6.37B	4.84B
EBITDA Margin	+21.2%	+18.7%	+15.7%	+15.9%	+25.9%
EBT Excluding Unusual Items	13.26B	11.19B	6.39B	6.34B	5.16B
Pretax Income	16.73B	14.18B	13.91B	10.68B	5.17B
Operating Income	13.97B	9.62B	5.07B	4.52B	4.23B
Operating Margin	+17.7%	+15.2%	+11.2%	+11.3%	+22.6%
Profit Margin	+10.0%	+13.9%	+23.3%	+18.2%	+17.0%
Net Income	8.01B	8.89B	10.68B	7.34B	3.18B
Net Income to Common	7.91B	8.79B	10.58B	7.29B	3.18B
Net Income Growth	-9.8%	-16.8%	+45.5%	+130.7%	+1,321.9%
Earnings From Continuing Ops.	15.03B	13.51B	13.28B	10.61B	5.17B
Minority Interest in Earnings	-7.02B	-4.63B	-2.60B	-3.27B	-1.99B
Income Tax Expense	1.70B	0.67B	0.63B	0.07B	0.01B
Effective Tax Rate	+10.2%	+4.7%	+4.5%	+0.6%	+0.1%
Per Share & Capital
EPS (Basic)	0.79	0.88	1.06	0.73	0.45
EPS (Diluted)	0.79	0.88	1.06	0.73	0.45
EPS Growth	-10.0%	-16.9%	+45.1%	+63.5%	-50.6%
Dividend Per Share	—	0.20	—	—	—
Shares Change (YoY)	—	—	—	0.4	27.78
Shares Outstanding (Basic)	10.00B	10.00B	10.00B	10.00B	7.14B
Shares Outstanding (Diluted)	10.00B	10.00B	10.00B	10.00B	7.14B
Free Cash Flow	6.86B	7.22B	3.29B	10.18B	7.40B
Free Cash Flow Margin	+8.7%	+11.4%	+7.2%	+25.4%	+39.7%
Free Cash Flow Per Share	0.69	0.72	0.33	1.02	1.04
Payout Ratio	+1.3%	+23.7%	+1.0%	+0.7%	—
Preferred Dividends & Other Adjustments	103.29M	103.29M	103.29M	51.65M	—
Supplemental
Other Unusual Items	71.18M	—	100.08M	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	78.78B	63.40B	45.42B	40.05B	18.67B
Cost of Revenue	60.03B	49.96B	36.14B	30.36B	13.07B
Gross Profit	18.74B	13.43B	9.27B	9.69B	5.60B
SG&A	3.64B	2.91B	3.06B	4.17B	0.97B
Operating Expenses	4.78B	3.81B	4.20B	5.17B	1.37B
Operating Income	13.97B	9.62B	5.07B	4.52B	4.23B
Interest Income	1.32B	1.58B	0.89B	0.49B	0.16B
Interest Expense	-2.24B	-1.75B	-1.13B	-0.58B	-0.11B
Other Income/Expense	0.46B	0.41B	1.28B	2.28B	0.87B
Pretax Income	16.73B	14.18B	13.91B	10.68B	5.17B
Income Tax	1.70B	0.67B	0.63B	0.07B	0.01B
Net Income	7.91B	8.79B	10.58B	7.29B	3.18B
EBITDA	16.73B	11.87B	7.12B	6.37B	4.84B
EBIT	13.97B	9.62B	5.07B	4.52B	4.23B
EPS (Basic)	0.79	0.88	1.06	0.73	0.45
EPS (Diluted)	0.79	0.88	1.06	0.73	0.45
DPS	—	0.20	—	—	—
Margins & Efficiency
Gross Margin %	+23.8%	+21.2%	+20.4%	+24.2%	+30.0%
EBITDA Margin %	+21.2%	+18.7%	+15.7%	+15.9%	+25.9%
Net Margin %	+10.0%	+13.9%	+23.3%	+18.2%	+17.0%
Revenue & Income
Revenue	78.78B	63.40B	45.42B	40.05B	18.67B
Revenue Growth (YoY)	+24.3%	+39.6%	+13.4%	+114.5%	+391.0%
Interest & Investment Income	1.32B	1.58B	0.89B	0.49B	0.16B
Earnings From Equity Investments	-0.24B	1.33B	0.26B	-0.37B	0.01B
Gain (Loss) on Sale of Assets	0.04B	0.14B	7.46B	0.27B	0.00B
Gain (Loss) on Sale of Investments	3.55B	3.11B	0.09B	4.07B	0.01B
Expenses & Provisions
Cost of Revenue	60.03B	49.96B	36.14B	30.36B	13.07B
Selling, General & Admin	3.64B	2.91B	3.06B	4.17B	0.97B
Operating Expenses	4.78B	3.81B	4.20B	5.17B	1.37B
Other Operating Expenses	177.23M	67.82M	434.27M	372.10M	408.17M
Interest Expense	-2.24B	-1.75B	-1.13B	-0.58B	-0.11B
Other Non Operating Income (Expenses)	0.46B	0.41B	1.28B	2.28B	0.87B
Asset Writedown	-189.21M	-260.24M	-118.02M	—	—
D&A For EBITDA	2.76B	2.25B	2.04B	1.85B	0.61B
Profitability & Returns
Gross Profit	18.74B	13.43B	9.27B	9.69B	5.60B
Gross Margin	+23.8%	+21.2%	+20.4%	+24.2%	+30.0%
EBIT	13.97B	9.62B	5.07B	4.52B	4.23B
EBIT Margin	+17.7%	+15.2%	+11.2%	+11.3%	+22.6%
EBITDA	16.73B	11.87B	7.12B	6.37B	4.84B
EBITDA Margin	+21.2%	+18.7%	+15.7%	+15.9%	+25.9%
EBT Excluding Unusual Items	13.26B	11.19B	6.39B	6.34B	5.16B
Pretax Income	16.73B	14.18B	13.91B	10.68B	5.17B
Operating Income	13.97B	9.62B	5.07B	4.52B	4.23B
Operating Margin	+17.7%	+15.2%	+11.2%	+11.3%	+22.6%
Profit Margin	+10.0%	+13.9%	+23.3%	+18.2%	+17.0%
Net Income	8.01B	8.89B	10.68B	7.34B	3.18B
Net Income to Common	7.91B	8.79B	10.58B	7.29B	3.18B
Net Income Growth	-9.8%	-16.8%	+45.5%	+130.7%	+1,321.9%
Earnings From Continuing Ops.	15.03B	13.51B	13.28B	10.61B	5.17B
Minority Interest in Earnings	-7.02B	-4.63B	-2.60B	-3.27B	-1.99B
Income Tax Expense	1.70B	0.67B	0.63B	0.07B	0.01B
Effective Tax Rate	+10.2%	+4.7%	+4.5%	+0.6%	+0.1%
Per Share & Capital
EPS (Basic)	0.79	0.88	1.06	0.73	0.45
EPS (Diluted)	0.79	0.88	1.06	0.73	0.45
EPS Growth	-10.0%	-16.9%	+45.1%	+63.5%	-50.6%
Dividend Per Share	—	0.20	—	—	—
Shares Change (YoY)	—	—	—	0.4	27.78
Shares Outstanding (Basic)	10.00B	10.00B	10.00B	10.00B	7.14B
Shares Outstanding (Diluted)	10.00B	10.00B	10.00B	10.00B	7.14B
Free Cash Flow	6.86B	7.22B	3.29B	10.18B	7.40B
Free Cash Flow Margin	+8.7%	+11.4%	+7.2%	+25.4%	+39.7%
Free Cash Flow Per Share	0.69	0.72	0.33	1.02	1.04
Payout Ratio	+1.3%	+23.7%	+1.0%	+0.7%	—
Preferred Dividends & Other Adjustments	103.29M	103.29M	103.29M	51.65M	—
Supplemental
Other Unusual Items	71.18M	—	100.08M	—	—