EASY LEASE

Easy Lease Motorcycle Rental PJSC

EASYLEASEStocksAbu Dhabi Securities ExchangeConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	455.74M	298.55M	226.05M	148.34M	87.71M
Cost of Revenue	323.67M	217.58M	154.45M	97.92M	53.74M
Gross Profit	132.08M	80.97M	71.61M	50.42M	33.97M
SG&A	70.55M	43.33M	31.32M	18.54M	13.28M
Operating Expenses	78.32M	49.56M	36.12M	22.29M	15.38M
Operating Income	53.76M	31.41M	35.49M	28.13M	18.59M
Interest Income	14.85K	69.38K	—	—	—
Interest Expense	-12.24M	-3.37M	-2.33M	-1.66M	-1.27M
Other Income/Expense	5.68M	5.65M	2.54M	1.46M	3.30M
Pretax Income	47.05M	39.82M	47.38M	38.38M	25.11M
Income Tax	4.32M	3.74M	—	—	—
Net Income	29.11M	31.04M	44.09M	37.06M	24.57M
EBITDA	97.04M	65.12M	59.69M	43.17M	30.89M
EBIT	53.76M	31.41M	35.49M	28.13M	18.59M
EPS (Basic)	0.97	1.03	1.47	1.24	0.82
EPS (Diluted)	0.97	1.03	1.47	1.24	0.82
Margins & Efficiency
Gross Margin %	+29.0%	+27.1%	+31.7%	+34.0%	+38.7%
EBITDA Margin %	+21.3%	+21.8%	+26.4%	+29.1%	+35.2%
Net Margin %	+6.4%	+10.4%	+19.5%	+25.0%	+28.0%
Revenue & Income
Revenue	455.74M	298.55M	226.05M	148.34M	87.71M
Revenue Growth (YoY)	+52.7%	+32.1%	+52.4%	+69.1%	+65.4%
Interest & Investment Income	14.85K	69.38K	—	—	—
Earnings From Equity Investments	—	62.43K	-537.50K	—	—
Gain (Loss) on Sale of Assets	2.05M	3.94M	3.25M	4.56M	3.01M
Gain (Loss) on Sale of Investments	-3.78M	0.17M	7.70M	4.16M	—
Expenses & Provisions
Cost of Revenue	323.67M	217.58M	154.45M	97.92M	53.74M
Selling, General & Admin	70.55M	43.33M	31.32M	18.54M	13.28M
Operating Expenses	78.32M	49.56M	36.12M	22.29M	15.38M
Interest Expense	-12.24M	-3.37M	-2.33M	-1.66M	-1.27M
Other Non Operating Income (Expenses)	5.68M	5.65M	2.54M	1.46M	3.30M
Amortization of Goodwill & Intangibles	3.32M	3.22M	0.83M	0.10M	—
D&A For EBITDA	43.28M	33.71M	24.20M	15.03M	12.30M
Profitability & Returns
Gross Profit	132.08M	80.97M	71.61M	50.42M	33.97M
Gross Margin	+29.0%	+27.1%	+31.7%	+34.0%	+38.7%
EBIT	53.76M	31.41M	35.49M	28.13M	18.59M
EBIT Margin	+11.8%	+10.5%	+15.7%	+19.0%	+21.2%
EBITDA	97.04M	65.12M	59.69M	43.17M	30.89M
EBITDA Margin	+21.3%	+21.8%	+26.4%	+29.1%	+35.2%
EBT Excluding Unusual Items	47.21M	33.82M	35.15M	27.94M	20.61M
Pretax Income	47.05M	39.82M	47.38M	38.38M	25.11M
Operating Income	53.76M	31.41M	35.49M	28.13M	18.59M
Operating Margin	+11.8%	+10.5%	+15.7%	+19.0%	+21.2%
Profit Margin	+6.4%	+10.4%	+19.5%	+25.0%	+28.0%
Net Income	29.11M	31.04M	44.09M	37.06M	24.57M
Net Income to Common	29.11M	31.04M	44.09M	37.06M	24.57M
Net Income Growth	-6.2%	-29.6%	+19.0%	+50.8%	+75.6%
Earnings From Continuing Ops.	42.73M	36.08M	47.38M	38.38M	25.11M
Minority Interest in Earnings	-13.61M	-5.03M	-3.29M	-1.32M	-0.53M
Income Tax Expense	4.32M	3.74M	—	—	—
Effective Tax Rate	+9.2%	+9.4%	—	—	—
Per Share & Capital
EPS (Basic)	0.97	1.03	1.47	1.24	0.82
EPS (Diluted)	0.97	1.03	1.47	1.24	0.82
EPS Growth	-6.2%	-29.6%	+19.0%	+50.8%	+75.6%
Shares Outstanding (Basic)	30.00M	30.00M	30.00M	30.00M	30.00M
Shares Outstanding (Diluted)	30.00M	30.00M	30.00M	30.00M	30.00M
Free Cash Flow	-94.71M	3.08M	-9.68M	7.65M	4.43M
Free Cash Flow Margin	-20.8%	+1.0%	-4.3%	+5.2%	+5.1%
Free Cash Flow Per Share	-3.16	0.10	-0.32	0.26	0.15

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	455.74M	298.55M	226.05M	148.34M	87.71M
Cost of Revenue	323.67M	217.58M	154.45M	97.92M	53.74M
Gross Profit	132.08M	80.97M	71.61M	50.42M	33.97M
SG&A	70.55M	43.33M	31.32M	18.54M	13.28M
Operating Expenses	78.32M	49.56M	36.12M	22.29M	15.38M
Operating Income	53.76M	31.41M	35.49M	28.13M	18.59M
Interest Income	14.85K	69.38K	—	—	—
Interest Expense	-12.24M	-3.37M	-2.33M	-1.66M	-1.27M
Other Income/Expense	5.68M	5.65M	2.54M	1.46M	3.30M
Pretax Income	47.05M	39.82M	47.38M	38.38M	25.11M
Income Tax	4.32M	3.74M	—	—	—
Net Income	29.11M	31.04M	44.09M	37.06M	24.57M
EBITDA	97.04M	65.12M	59.69M	43.17M	30.89M
EBIT	53.76M	31.41M	35.49M	28.13M	18.59M
EPS (Basic)	0.97	1.03	1.47	1.24	0.82
EPS (Diluted)	0.97	1.03	1.47	1.24	0.82
Margins & Efficiency
Gross Margin %	+29.0%	+27.1%	+31.7%	+34.0%	+38.7%
EBITDA Margin %	+21.3%	+21.8%	+26.4%	+29.1%	+35.2%
Net Margin %	+6.4%	+10.4%	+19.5%	+25.0%	+28.0%
Revenue & Income
Revenue	455.74M	298.55M	226.05M	148.34M	87.71M
Revenue Growth (YoY)	+52.7%	+32.1%	+52.4%	+69.1%	+65.4%
Interest & Investment Income	14.85K	69.38K	—	—	—
Earnings From Equity Investments	—	62.43K	-537.50K	—	—
Gain (Loss) on Sale of Assets	2.05M	3.94M	3.25M	4.56M	3.01M
Gain (Loss) on Sale of Investments	-3.78M	0.17M	7.70M	4.16M	—
Expenses & Provisions
Cost of Revenue	323.67M	217.58M	154.45M	97.92M	53.74M
Selling, General & Admin	70.55M	43.33M	31.32M	18.54M	13.28M
Operating Expenses	78.32M	49.56M	36.12M	22.29M	15.38M
Interest Expense	-12.24M	-3.37M	-2.33M	-1.66M	-1.27M
Other Non Operating Income (Expenses)	5.68M	5.65M	2.54M	1.46M	3.30M
Amortization of Goodwill & Intangibles	3.32M	3.22M	0.83M	0.10M	—
D&A For EBITDA	43.28M	33.71M	24.20M	15.03M	12.30M
Profitability & Returns
Gross Profit	132.08M	80.97M	71.61M	50.42M	33.97M
Gross Margin	+29.0%	+27.1%	+31.7%	+34.0%	+38.7%
EBIT	53.76M	31.41M	35.49M	28.13M	18.59M
EBIT Margin	+11.8%	+10.5%	+15.7%	+19.0%	+21.2%
EBITDA	97.04M	65.12M	59.69M	43.17M	30.89M
EBITDA Margin	+21.3%	+21.8%	+26.4%	+29.1%	+35.2%
EBT Excluding Unusual Items	47.21M	33.82M	35.15M	27.94M	20.61M
Pretax Income	47.05M	39.82M	47.38M	38.38M	25.11M
Operating Income	53.76M	31.41M	35.49M	28.13M	18.59M
Operating Margin	+11.8%	+10.5%	+15.7%	+19.0%	+21.2%
Profit Margin	+6.4%	+10.4%	+19.5%	+25.0%	+28.0%
Net Income	29.11M	31.04M	44.09M	37.06M	24.57M
Net Income to Common	29.11M	31.04M	44.09M	37.06M	24.57M
Net Income Growth	-6.2%	-29.6%	+19.0%	+50.8%	+75.6%
Earnings From Continuing Ops.	42.73M	36.08M	47.38M	38.38M	25.11M
Minority Interest in Earnings	-13.61M	-5.03M	-3.29M	-1.32M	-0.53M
Income Tax Expense	4.32M	3.74M	—	—	—
Effective Tax Rate	+9.2%	+9.4%	—	—	—
Per Share & Capital
EPS (Basic)	0.97	1.03	1.47	1.24	0.82
EPS (Diluted)	0.97	1.03	1.47	1.24	0.82
EPS Growth	-6.2%	-29.6%	+19.0%	+50.8%	+75.6%
Shares Outstanding (Basic)	30.00M	30.00M	30.00M	30.00M	30.00M
Shares Outstanding (Diluted)	30.00M	30.00M	30.00M	30.00M	30.00M
Free Cash Flow	-94.71M	3.08M	-9.68M	7.65M	4.43M
Free Cash Flow Margin	-20.8%	+1.0%	-4.3%	+5.2%	+5.1%
Free Cash Flow Per Share	-3.16	0.10	-0.32	0.26	0.15