Modon Holding

Modon Holding PSC

MODONStocksAbu Dhabi Securities ExchangeDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Cost of Revenue	8.80B	4.60B	0.43B	0.37B	0.08B
Gross Profit	5.03B	1.91B	0.45B	0.31B	0.29B
SG&A	1.81B	1.02B	0.27B	0.13B	0.09B
Operating Expenses	1.81B	1.02B	0.27B	0.23B	0.13B
Operating Income	3.21B	0.89B	0.19B	0.08B	0.17B
Interest Income	391.60M	262.12M	181.98M	53.72M	30.29M
Interest Expense	-377.23M	-276.90M	-86.94M	-83.86M	-73.39M
Other Income/Expense	125.54M	45.77M	161.44M	-80.89M	-21.63M
Pretax Income	4.42B	9.46B	0.43B	0.84B	0.20B
Income Tax	495.49M	98.82M	79.50M	—	—
Net Income	4.02B	9.42B	0.46B	0.90B	0.16B
EBITDA	3.74B	1.13B	0.21B	0.10B	0.19B
EBIT	3.21B	0.89B	0.19B	0.08B	0.17B
EPS (Basic)	0.25	0.63	0.07	0.14	0.10
EPS (Diluted)	0.25	0.63	0.07	0.14	0.10
Margins & Efficiency
Gross Margin %	+36.3%	+29.3%	+51.3%	+45.4%	+79.4%
EBITDA Margin %	+27.1%	+17.3%	+23.9%	+14.4%	+50.9%
Net Margin %	+29.1%	+144.7%	+52.3%	+131.8%	+44.6%
Revenue & Income
Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Revenue as Reported	—	—	—	720.26M	399.11M
Revenue Growth (YoY)	+112.4%	+637.9%	+29.3%	+84.8%	-14.7%
Operating Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Interest & Investment Income	391.60M	262.12M	181.98M	53.72M	30.29M
Other Revenue	—	—	—	—	—
Earnings From Equity Investments	263.59M	115.11M	-0.70M	-1.27M	1.00M
Gain (Loss) on Sale of Assets	16.80M	—	45.04M	—	—
Gain (Loss) on Sale of Investments	391.63M	11.30M	-333.43M	-355.02M	100.82M
Expenses & Provisions
Cost of Revenue	8.80B	4.60B	0.43B	0.37B	0.08B
Selling, General & Admin	1.81B	1.02B	0.27B	0.13B	0.09B
Operating Expenses	1.81B	1.02B	0.27B	0.23B	0.13B
Other Operating Expenses	—	—	—	—	—
Interest Expense	-377.23M	-276.90M	-86.94M	-83.86M	-73.39M
Other Non Operating Income (Expenses)	125.54M	45.77M	161.44M	-80.89M	-21.63M
Asset Writedown	343.43M	-752.03M	185.32M	-640.49M	—
Impairment of Goodwill	—	-78.14M	—	—	—
Amortization of Goodwill & Intangibles	—	—	—	2.33M	—
D&A For EBITDA	531.18M	236.09M	24.28M	19.72M	22.90M
Profitability & Returns
Gross Profit	5.03B	1.91B	0.45B	0.31B	0.29B
Gross Margin	+36.3%	+29.3%	+51.3%	+45.4%	+79.4%
EBIT	3.21B	0.89B	0.19B	0.08B	0.17B
EBIT Margin	+23.2%	+13.7%	+21.2%	+11.5%	+44.7%
EBITDA	3.74B	1.13B	0.21B	0.10B	0.19B
EBITDA Margin	+27.1%	+17.3%	+23.9%	+14.4%	+50.9%
EBT Excluding Unusual Items	3.62B	1.04B	0.44B	-0.03B	0.10B
Pretax Income	4.42B	9.46B	0.43B	0.84B	0.20B
Operating Income	3.21B	0.89B	0.19B	0.08B	0.17B
Operating Margin	+23.2%	+13.7%	+21.2%	+11.5%	+44.7%
Profit Margin	+29.1%	+144.7%	+52.3%	+131.8%	+44.6%
Net Income	4.02B	9.42B	0.46B	0.90B	0.16B
Net Income to Common	4.02B	9.42B	0.46B	0.90B	0.16B
Net Income to Company	3.93B	9.39B	0.57B	0.82B	0.20B
Net Income Growth	-57.3%	+1,942.9%	-48.7%	+446.0%	+7.5%
Earnings From Continuing Ops.	3.93B	9.36B	0.35B	0.84B	0.20B
Earnings From Discontinued Ops.	0.18M	25.92M	222.40M	-14.13M	0.02M
Minority Interest in Earnings	94.40M	33.74M	-112.68M	77.02M	-37.34M
Income Tax Expense	495.49M	98.82M	79.50M	—	—
Effective Tax Rate	+11.2%	+1.0%	+18.4%	—	—
Per Share & Capital
EPS (Basic)	0.25	0.63	0.07	0.14	0.10
EPS (Diluted)	0.25	0.63	0.07	0.14	0.10
EPS Growth	-61.2%	+842.2%	-52.9%	+45.5%	-44.5%
Shares Change (YoY)	0.1	1.17	0.09	2.75	0.94
Shares Outstanding (Basic)	16.35B	14.86B	6.86B	6.29B	1.68B
Shares Outstanding (Diluted)	16.35B	14.86B	6.86B	6.29B	1.68B
Free Cash Flow	2.79B	2.12B	-0.35B	0.47B	-0.38B
Free Cash Flow Margin	+20.2%	+32.5%	-39.8%	+68.9%	-103.2%
Free Cash Flow Per Share	0.17	0.14	-0.05	0.08	-0.23
Payout Ratio	—	—	—	0.0%	+0.5%
Supplemental
Other Unusual Items	—	9.22B	0.09B	1.87B	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Cost of Revenue	8.80B	4.60B	0.43B	0.37B	0.08B
Gross Profit	5.03B	1.91B	0.45B	0.31B	0.29B
SG&A	1.81B	1.02B	0.27B	0.13B	0.09B
Operating Expenses	1.81B	1.02B	0.27B	0.23B	0.13B
Operating Income	3.21B	0.89B	0.19B	0.08B	0.17B
Interest Income	391.60M	262.12M	181.98M	53.72M	30.29M
Interest Expense	-377.23M	-276.90M	-86.94M	-83.86M	-73.39M
Other Income/Expense	125.54M	45.77M	161.44M	-80.89M	-21.63M
Pretax Income	4.42B	9.46B	0.43B	0.84B	0.20B
Income Tax	495.49M	98.82M	79.50M	—	—
Net Income	4.02B	9.42B	0.46B	0.90B	0.16B
EBITDA	3.74B	1.13B	0.21B	0.10B	0.19B
EBIT	3.21B	0.89B	0.19B	0.08B	0.17B
EPS (Basic)	0.25	0.63	0.07	0.14	0.10
EPS (Diluted)	0.25	0.63	0.07	0.14	0.10
Margins & Efficiency
Gross Margin %	+36.3%	+29.3%	+51.3%	+45.4%	+79.4%
EBITDA Margin %	+27.1%	+17.3%	+23.9%	+14.4%	+50.9%
Net Margin %	+29.1%	+144.7%	+52.3%	+131.8%	+44.6%
Revenue & Income
Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Revenue as Reported	—	—	—	720.26M	399.11M
Revenue Growth (YoY)	+112.4%	+637.9%	+29.3%	+84.8%	-14.7%
Operating Revenue	13.83B	6.51B	0.88B	0.68B	0.37B
Interest & Investment Income	391.60M	262.12M	181.98M	53.72M	30.29M
Other Revenue	—	—	—	—	—
Earnings From Equity Investments	263.59M	115.11M	-0.70M	-1.27M	1.00M
Gain (Loss) on Sale of Assets	16.80M	—	45.04M	—	—
Gain (Loss) on Sale of Investments	391.63M	11.30M	-333.43M	-355.02M	100.82M
Expenses & Provisions
Cost of Revenue	8.80B	4.60B	0.43B	0.37B	0.08B
Selling, General & Admin	1.81B	1.02B	0.27B	0.13B	0.09B
Operating Expenses	1.81B	1.02B	0.27B	0.23B	0.13B
Other Operating Expenses	—	—	—	—	—
Interest Expense	-377.23M	-276.90M	-86.94M	-83.86M	-73.39M
Other Non Operating Income (Expenses)	125.54M	45.77M	161.44M	-80.89M	-21.63M
Asset Writedown	343.43M	-752.03M	185.32M	-640.49M	—
Impairment of Goodwill	—	-78.14M	—	—	—
Amortization of Goodwill & Intangibles	—	—	—	2.33M	—
D&A For EBITDA	531.18M	236.09M	24.28M	19.72M	22.90M
Profitability & Returns
Gross Profit	5.03B	1.91B	0.45B	0.31B	0.29B
Gross Margin	+36.3%	+29.3%	+51.3%	+45.4%	+79.4%
EBIT	3.21B	0.89B	0.19B	0.08B	0.17B
EBIT Margin	+23.2%	+13.7%	+21.2%	+11.5%	+44.7%
EBITDA	3.74B	1.13B	0.21B	0.10B	0.19B
EBITDA Margin	+27.1%	+17.3%	+23.9%	+14.4%	+50.9%
EBT Excluding Unusual Items	3.62B	1.04B	0.44B	-0.03B	0.10B
Pretax Income	4.42B	9.46B	0.43B	0.84B	0.20B
Operating Income	3.21B	0.89B	0.19B	0.08B	0.17B
Operating Margin	+23.2%	+13.7%	+21.2%	+11.5%	+44.7%
Profit Margin	+29.1%	+144.7%	+52.3%	+131.8%	+44.6%
Net Income	4.02B	9.42B	0.46B	0.90B	0.16B
Net Income to Common	4.02B	9.42B	0.46B	0.90B	0.16B
Net Income to Company	3.93B	9.39B	0.57B	0.82B	0.20B
Net Income Growth	-57.3%	+1,942.9%	-48.7%	+446.0%	+7.5%
Earnings From Continuing Ops.	3.93B	9.36B	0.35B	0.84B	0.20B
Earnings From Discontinued Ops.	0.18M	25.92M	222.40M	-14.13M	0.02M
Minority Interest in Earnings	94.40M	33.74M	-112.68M	77.02M	-37.34M
Income Tax Expense	495.49M	98.82M	79.50M	—	—
Effective Tax Rate	+11.2%	+1.0%	+18.4%	—	—
Per Share & Capital
EPS (Basic)	0.25	0.63	0.07	0.14	0.10
EPS (Diluted)	0.25	0.63	0.07	0.14	0.10
EPS Growth	-61.2%	+842.2%	-52.9%	+45.5%	-44.5%
Shares Change (YoY)	0.1	1.17	0.09	2.75	0.94
Shares Outstanding (Basic)	16.35B	14.86B	6.86B	6.29B	1.68B
Shares Outstanding (Diluted)	16.35B	14.86B	6.86B	6.29B	1.68B
Free Cash Flow	2.79B	2.12B	-0.35B	0.47B	-0.38B
Free Cash Flow Margin	+20.2%	+32.5%	-39.8%	+68.9%	-103.2%
Free Cash Flow Per Share	0.17	0.14	-0.05	0.08	-0.23
Payout Ratio	—	—	—	0.0%	+0.5%
Supplemental
Other Unusual Items	—	9.22B	0.09B	1.87B	—