NMDC Energy

NMDC Energy P.J.S.C.

NMDCENRStocksAbu 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	18.66B	14.44B	7.94B	5.38B	3.94B
Cost of Revenue	16.46B	12.64B	6.80B	4.74B	3.47B
Gross Profit	2.20B	1.80B	1.15B	0.64B	0.48B
SG&A	160.45M	122.83M	133.71M	22.40M	43.09M
Operating Expenses	437.67M	395.67M	335.32M	249.55M	328.81M
Operating Income	1.76B	1.40B	0.81B	0.39B	0.15B
Interest Income	109.12M	117.45M	91.28M	—	—
Interest Expense	-39.07M	-61.90M	-76.24M	-30.84M	-32.64M
Other Income/Expense	-16.92M	141.07M	—	—	—
Pretax Income	1.80B	1.58B	0.81B	0.36B	0.11B
Income Tax	200.46M	174.31M	24.78M	23.38M	-16.43M
Net Income	1.60B	1.40B	0.78B	0.58B	0.13B
EBITDA	2.00B	1.60B	0.96B	0.60B	0.38B
EBIT	1.76B	1.40B	0.81B	0.39B	0.15B
EPS (Basic)	0.32	0.28	0.34	5.77	—
EPS (Diluted)	0.32	0.28	0.34	5.77	—
DPS	0.16	0.14	—	—	—
Margins & Efficiency
Gross Margin %	+11.8%	+12.4%	+14.4%	+11.9%	+12.1%
EBITDA Margin %	+10.7%	+11.1%	+12.1%	+11.1%	+9.6%
Net Margin %	+8.6%	+9.7%	+9.8%	+10.7%	+3.3%
Revenue & Income
Revenue	18.66B	14.44B	7.94B	5.38B	3.94B
Revenue Growth (YoY)	+29.2%	+81.9%	+47.6%	+36.5%	—
Interest & Investment Income	109.12M	117.45M	91.28M	—	—
Earnings From Equity Investments	2.24M	1.41M	1.73M	—	—
Currency Exchange Gain (Loss)	-12.94M	-18.54M	-21.63M	—	—
Expenses & Provisions
Cost of Revenue	16.46B	12.64B	6.80B	4.74B	3.47B
Selling, General & Admin	160.45M	122.83M	133.71M	22.40M	43.09M
Operating Expenses	437.67M	395.67M	335.32M	249.55M	328.81M
Other Operating Expenses	277.22M	272.84M	201.60M	216.54M	275.11M
Interest Expense	-39.07M	-61.90M	-76.24M	-30.84M	-32.64M
Other Non Operating Income (Expenses)	-16.92M	141.07M	—	—	—
D&A For EBITDA	244.46M	198.03M	150.09M	202.50M	229.16M
Profitability & Returns
Gross Profit	2.20B	1.80B	1.15B	0.64B	0.48B
Gross Margin	+11.8%	+12.4%	+14.4%	+11.9%	+12.1%
EBIT	1.76B	1.40B	0.81B	0.39B	0.15B
EBIT Margin	+9.4%	+9.7%	+10.2%	+7.3%	+3.7%
EBITDA	2.00B	1.60B	0.96B	0.60B	0.38B
EBITDA Margin	+10.7%	+11.1%	+12.1%	+11.1%	+9.6%
Pretax Income	1.80B	1.58B	0.81B	0.36B	0.11B
Operating Income	1.76B	1.40B	0.81B	0.39B	0.15B
Operating Margin	+9.4%	+9.7%	+10.2%	+7.3%	+3.7%
Profit Margin	+8.6%	+9.7%	+9.8%	+10.7%	+3.3%
Net Income	1.60B	1.40B	0.78B	0.58B	0.13B
Net Income to Common	1.60B	1.40B	0.78B	0.58B	0.13B
Net Income to Company	1.60B	1.41B	0.78B	0.58B	0.13B
Net Income Growth	+14.0%	+80.1%	+35.2%	+339.4%	—
Earnings From Continuing Ops.	1.60B	1.41B	0.78B	0.34B	0.13B
Earnings From Discontinued Ops.	—	—	—	237.62M	—
Minority Interest in Earnings	-1.61M	-2.15M	-0.84M	-0.20M	-0.16M
Income Tax Expense	200.46M	174.31M	24.78M	23.38M	-16.43M
Effective Tax Rate	+11.1%	+11.0%	+3.1%	+6.4%	—
Per Share & Capital
EPS (Basic)	0.32	0.28	0.34	5.77	—
EPS (Diluted)	0.32	0.28	0.34	5.77	—
EPS Growth	+14.0%	-18.5%	-94.0%	—	—
Dividend Per Share	0.16	0.14	—	—	—
Shares Change (YoY)	—	1.21	21.62	—	—
Shares Outstanding (Basic)	5.00B	5.00B	2.26B	0.10B	—
Shares Outstanding (Diluted)	5.00B	5.00B	2.26B	0.10B	—
Dividend Growth	+14.3%	—	—	—	—
Free Cash Flow	1.34B	2.23B	1.58B	1.87B	0.37B
Free Cash Flow Margin	+7.2%	+15.4%	+19.9%	+34.7%	+9.4%
Free Cash Flow Per Share	0.27	0.45	0.70	18.66	—
Payout Ratio	+43.7%	+53.4%	—	—	—

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	18.66B	14.44B	7.94B	5.38B	3.94B
Cost of Revenue	16.46B	12.64B	6.80B	4.74B	3.47B
Gross Profit	2.20B	1.80B	1.15B	0.64B	0.48B
SG&A	160.45M	122.83M	133.71M	22.40M	43.09M
Operating Expenses	437.67M	395.67M	335.32M	249.55M	328.81M
Operating Income	1.76B	1.40B	0.81B	0.39B	0.15B
Interest Income	109.12M	117.45M	91.28M	—	—
Interest Expense	-39.07M	-61.90M	-76.24M	-30.84M	-32.64M
Other Income/Expense	-16.92M	141.07M	—	—	—
Pretax Income	1.80B	1.58B	0.81B	0.36B	0.11B
Income Tax	200.46M	174.31M	24.78M	23.38M	-16.43M
Net Income	1.60B	1.40B	0.78B	0.58B	0.13B
EBITDA	2.00B	1.60B	0.96B	0.60B	0.38B
EBIT	1.76B	1.40B	0.81B	0.39B	0.15B
EPS (Basic)	0.32	0.28	0.34	5.77	—
EPS (Diluted)	0.32	0.28	0.34	5.77	—
DPS	0.16	0.14	—	—	—
Margins & Efficiency
Gross Margin %	+11.8%	+12.4%	+14.4%	+11.9%	+12.1%
EBITDA Margin %	+10.7%	+11.1%	+12.1%	+11.1%	+9.6%
Net Margin %	+8.6%	+9.7%	+9.8%	+10.7%	+3.3%
Revenue & Income
Revenue	18.66B	14.44B	7.94B	5.38B	3.94B
Revenue Growth (YoY)	+29.2%	+81.9%	+47.6%	+36.5%	—
Interest & Investment Income	109.12M	117.45M	91.28M	—	—
Earnings From Equity Investments	2.24M	1.41M	1.73M	—	—
Currency Exchange Gain (Loss)	-12.94M	-18.54M	-21.63M	—	—
Expenses & Provisions
Cost of Revenue	16.46B	12.64B	6.80B	4.74B	3.47B
Selling, General & Admin	160.45M	122.83M	133.71M	22.40M	43.09M
Operating Expenses	437.67M	395.67M	335.32M	249.55M	328.81M
Other Operating Expenses	277.22M	272.84M	201.60M	216.54M	275.11M
Interest Expense	-39.07M	-61.90M	-76.24M	-30.84M	-32.64M
Other Non Operating Income (Expenses)	-16.92M	141.07M	—	—	—
D&A For EBITDA	244.46M	198.03M	150.09M	202.50M	229.16M
Profitability & Returns
Gross Profit	2.20B	1.80B	1.15B	0.64B	0.48B
Gross Margin	+11.8%	+12.4%	+14.4%	+11.9%	+12.1%
EBIT	1.76B	1.40B	0.81B	0.39B	0.15B
EBIT Margin	+9.4%	+9.7%	+10.2%	+7.3%	+3.7%
EBITDA	2.00B	1.60B	0.96B	0.60B	0.38B
EBITDA Margin	+10.7%	+11.1%	+12.1%	+11.1%	+9.6%
Pretax Income	1.80B	1.58B	0.81B	0.36B	0.11B
Operating Income	1.76B	1.40B	0.81B	0.39B	0.15B
Operating Margin	+9.4%	+9.7%	+10.2%	+7.3%	+3.7%
Profit Margin	+8.6%	+9.7%	+9.8%	+10.7%	+3.3%
Net Income	1.60B	1.40B	0.78B	0.58B	0.13B
Net Income to Common	1.60B	1.40B	0.78B	0.58B	0.13B
Net Income to Company	1.60B	1.41B	0.78B	0.58B	0.13B
Net Income Growth	+14.0%	+80.1%	+35.2%	+339.4%	—
Earnings From Continuing Ops.	1.60B	1.41B	0.78B	0.34B	0.13B
Earnings From Discontinued Ops.	—	—	—	237.62M	—
Minority Interest in Earnings	-1.61M	-2.15M	-0.84M	-0.20M	-0.16M
Income Tax Expense	200.46M	174.31M	24.78M	23.38M	-16.43M
Effective Tax Rate	+11.1%	+11.0%	+3.1%	+6.4%	—
Per Share & Capital
EPS (Basic)	0.32	0.28	0.34	5.77	—
EPS (Diluted)	0.32	0.28	0.34	5.77	—
EPS Growth	+14.0%	-18.5%	-94.0%	—	—
Dividend Per Share	0.16	0.14	—	—	—
Shares Change (YoY)	—	1.21	21.62	—	—
Shares Outstanding (Basic)	5.00B	5.00B	2.26B	0.10B	—
Shares Outstanding (Diluted)	5.00B	5.00B	2.26B	0.10B	—
Dividend Growth	+14.3%	—	—	—	—
Free Cash Flow	1.34B	2.23B	1.58B	1.87B	0.37B
Free Cash Flow Margin	+7.2%	+15.4%	+19.9%	+34.7%	+9.4%
Free Cash Flow Per Share	0.27	0.45	0.70	18.66	—
Payout Ratio	+43.7%	+53.4%	—	—	—