Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.62B	1.58B	1.39B	1.30B	1.32B
Cost of Revenue	1.29B	1.30B	1.11B	1.00B	1.01B
Gross Profit	330.84M	278.56M	280.66M	293.52M	305.92M
SG&A	254.85M	119.82M	233.92M	229.41M	230.52M
Operating Expenses	250.89M	211.39M	224.79M	211.15M	223.85M
Operating Income	79.96M	67.17M	55.87M	82.37M	82.07M
Interest Income	2.80M	3.22M	3.45M	3.21M	3.51M
Interest Expense	-21.19M	-25.42M	-20.22M	-21.43M	-18.75M
Other Income/Expense	—	-2.49M	—	—	—
Pretax Income	0.10B	0.03B	0.04B	0.12B	0.06B
Income Tax	6.50M	10.17M	4.82M	9.57M	6.22M
Net Income	0.03B	-0.01B	0.01B	0.02B	0.02B
EBITDA	145.46M	140.15M	118.07M	141.93M	142.75M
EBIT	79.96M	67.17M	55.87M	82.37M	82.07M
EPS (Basic)	0.14	-0.05	0.03	0.09	0.08
EPS (Diluted)	0.14	-0.05	0.03	0.09	0.08
Margins & Efficiency
Gross Margin %	+20.4%	+17.7%	+20.2%	+22.6%	+23.2%
EBITDA Margin %	+9.0%	+8.9%	+8.5%	+11.0%	+10.8%
Net Margin %	+2.0%	-0.8%	+0.5%	+1.7%	+1.4%
Revenue & Income
Revenue	1.62B	1.58B	1.39B	1.30B	1.32B
Revenue Growth (YoY)	+23.3%	+26.0%	+14.3%	+8.9%	+4.7%
Interest & Investment Income	2.80M	3.22M	3.45M	3.21M	3.51M
Earnings From Equity Investments	-48.16M	1.95M	0.92M	53.10M	-5.70M
Gain (Loss) on Sale of Assets	0.09B	-0.01B	—	—	—
Gain (Loss) on Sale of Investments	-0.18M	-0.18M	0.12M	-0.25M	-0.36M
Expenses & Provisions
Cost of Revenue	1.29B	1.30B	1.11B	1.00B	1.01B
Selling, General & Admin	254.85M	119.82M	233.92M	229.41M	230.52M
Operating Expenses	250.89M	211.39M	224.79M	211.15M	223.85M
Other Operating Expenses	-3.96M	-18.49M	-9.14M	-18.26M	-6.68M
Interest Expense	-21.19M	-25.42M	-20.22M	-21.43M	-18.75M
Other Non Operating Income (Expenses)	—	-2.49M	—	—	—
Merger & Restructuring Charges	—	-7.12M	—	—	—
Asset Writedown	—	—	—	—	—
Amortization of Goodwill & Intangibles	—	24.70M	—	—	—
D&A For EBITDA	65.50M	72.98M	62.19M	59.57M	60.68M
Profitability & Returns
Gross Profit	330.84M	278.56M	280.66M	293.52M	305.92M
Gross Margin	+20.4%	+17.7%	+20.2%	+22.6%	+23.2%
EBIT	79.96M	67.17M	55.87M	82.37M	82.07M
EBIT Margin	+4.9%	+4.3%	+4.0%	+6.4%	+6.2%
EBITDA	145.46M	140.15M	118.07M	141.93M	142.75M
EBITDA Margin	+9.0%	+8.9%	+8.5%	+11.0%	+10.8%
EBT Excluding Unusual Items	13.41M	44.43M	40.02M	117.24M	61.13M
Pretax Income	0.10B	0.03B	0.04B	0.12B	0.06B
Operating Income	79.96M	67.17M	55.87M	82.37M	82.07M
Operating Margin	+4.9%	+4.3%	+4.0%	+6.4%	+6.2%
Profit Margin	+2.0%	-0.8%	+0.5%	+1.7%	+1.4%
Net Income	0.03B	-0.01B	0.01B	0.02B	0.02B
Net Income to Common	0.03B	-0.01B	0.01B	0.02B	0.02B
Net Income to Company	0.06B	0.01B	0.03B	0.00B	0.05B
Net Income Growth	+73.1%	—	-71.0%	-54.7%	-99.3%
Earnings From Continuing Ops.	0.09B	0.02B	0.04B	0.11B	0.05B
Earnings From Discontinued Ops.	-32.31M	-6.41M	-9.89M	-105.42M	-1.97M
Minority Interest in Earnings	-27.12M	-21.87M	-17.86M	20.03M	-33.71M
Income Tax Expense	6.50M	10.17M	4.82M	9.57M	6.22M
Effective Tax Rate	+6.6%	+38.4%	+12.0%	+8.2%	+10.2%
Per Share & Capital
EPS (Basic)	0.14	-0.05	0.03	0.09	0.08
EPS (Diluted)	0.14	-0.05	0.03	0.09	0.08
EPS Growth	+73.0%	—	-71.0%	-54.7%	-99.3%
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	241.60M	241.60M	241.60M	241.60M	241.60M
Shares Outstanding (Diluted)	241.60M	241.60M	241.60M	241.60M	241.60M
Free Cash Flow	73.93M	33.60M	35.63M	103.62M	-5.26M
Free Cash Flow Margin	+4.6%	+2.1%	+2.6%	+8.0%	-0.4%
Free Cash Flow Per Share	0.31	0.14	0.15	0.43	-0.02
Supplemental
Other Unusual Items	—	0.57M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.62B	1.58B	1.39B	1.30B	1.32B
Cost of Revenue	1.29B	1.30B	1.11B	1.00B	1.01B
Gross Profit	330.84M	278.56M	280.66M	293.52M	305.92M
SG&A	254.85M	119.82M	233.92M	229.41M	230.52M
Operating Expenses	250.89M	211.39M	224.79M	211.15M	223.85M
Operating Income	79.96M	67.17M	55.87M	82.37M	82.07M
Interest Income	2.80M	3.22M	3.45M	3.21M	3.51M
Interest Expense	-21.19M	-25.42M	-20.22M	-21.43M	-18.75M
Other Income/Expense	—	-2.49M	—	—	—
Pretax Income	0.10B	0.03B	0.04B	0.12B	0.06B
Income Tax	6.50M	10.17M	4.82M	9.57M	6.22M
Net Income	0.03B	-0.01B	0.01B	0.02B	0.02B
EBITDA	145.46M	140.15M	118.07M	141.93M	142.75M
EBIT	79.96M	67.17M	55.87M	82.37M	82.07M
EPS (Basic)	0.14	-0.05	0.03	0.09	0.08
EPS (Diluted)	0.14	-0.05	0.03	0.09	0.08
Margins & Efficiency
Gross Margin %	+20.4%	+17.7%	+20.2%	+22.6%	+23.2%
EBITDA Margin %	+9.0%	+8.9%	+8.5%	+11.0%	+10.8%
Net Margin %	+2.0%	-0.8%	+0.5%	+1.7%	+1.4%
Revenue & Income
Revenue	1.62B	1.58B	1.39B	1.30B	1.32B
Revenue Growth (YoY)	+23.3%	+26.0%	+14.3%	+8.9%	+4.7%
Interest & Investment Income	2.80M	3.22M	3.45M	3.21M	3.51M
Earnings From Equity Investments	-48.16M	1.95M	0.92M	53.10M	-5.70M
Gain (Loss) on Sale of Assets	0.09B	-0.01B	—	—	—
Gain (Loss) on Sale of Investments	-0.18M	-0.18M	0.12M	-0.25M	-0.36M
Expenses & Provisions
Cost of Revenue	1.29B	1.30B	1.11B	1.00B	1.01B
Selling, General & Admin	254.85M	119.82M	233.92M	229.41M	230.52M
Operating Expenses	250.89M	211.39M	224.79M	211.15M	223.85M
Other Operating Expenses	-3.96M	-18.49M	-9.14M	-18.26M	-6.68M
Interest Expense	-21.19M	-25.42M	-20.22M	-21.43M	-18.75M
Other Non Operating Income (Expenses)	—	-2.49M	—	—	—
Merger & Restructuring Charges	—	-7.12M	—	—	—
Asset Writedown	—	—	—	—	—
Amortization of Goodwill & Intangibles	—	24.70M	—	—	—
D&A For EBITDA	65.50M	72.98M	62.19M	59.57M	60.68M
Profitability & Returns
Gross Profit	330.84M	278.56M	280.66M	293.52M	305.92M
Gross Margin	+20.4%	+17.7%	+20.2%	+22.6%	+23.2%
EBIT	79.96M	67.17M	55.87M	82.37M	82.07M
EBIT Margin	+4.9%	+4.3%	+4.0%	+6.4%	+6.2%
EBITDA	145.46M	140.15M	118.07M	141.93M	142.75M
EBITDA Margin	+9.0%	+8.9%	+8.5%	+11.0%	+10.8%
EBT Excluding Unusual Items	13.41M	44.43M	40.02M	117.24M	61.13M
Pretax Income	0.10B	0.03B	0.04B	0.12B	0.06B
Operating Income	79.96M	67.17M	55.87M	82.37M	82.07M
Operating Margin	+4.9%	+4.3%	+4.0%	+6.4%	+6.2%
Profit Margin	+2.0%	-0.8%	+0.5%	+1.7%	+1.4%
Net Income	0.03B	-0.01B	0.01B	0.02B	0.02B
Net Income to Common	0.03B	-0.01B	0.01B	0.02B	0.02B
Net Income to Company	0.06B	0.01B	0.03B	0.00B	0.05B
Net Income Growth	+73.1%	—	-71.0%	-54.7%	-99.3%
Earnings From Continuing Ops.	0.09B	0.02B	0.04B	0.11B	0.05B
Earnings From Discontinued Ops.	-32.31M	-6.41M	-9.89M	-105.42M	-1.97M
Minority Interest in Earnings	-27.12M	-21.87M	-17.86M	20.03M	-33.71M
Income Tax Expense	6.50M	10.17M	4.82M	9.57M	6.22M
Effective Tax Rate	+6.6%	+38.4%	+12.0%	+8.2%	+10.2%
Per Share & Capital
EPS (Basic)	0.14	-0.05	0.03	0.09	0.08
EPS (Diluted)	0.14	-0.05	0.03	0.09	0.08
EPS Growth	+73.0%	—	-71.0%	-54.7%	-99.3%
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	241.60M	241.60M	241.60M	241.60M	241.60M
Shares Outstanding (Diluted)	241.60M	241.60M	241.60M	241.60M	241.60M
Free Cash Flow	73.93M	33.60M	35.63M	103.62M	-5.26M
Free Cash Flow Margin	+4.6%	+2.1%	+2.6%	+8.0%	-0.4%
Free Cash Flow Per Share	0.31	0.14	0.15	0.43	-0.02
Supplemental
Other Unusual Items	—	0.57M	—	—	—

Financials

Quarterly (AED)

GHITHA HOLDING

Quarterly (AED)