PHOENIX GROUP PLC

PHXStocksAbu Dhabi Securities ExchangeBanks

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (USD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	120.51M	206.68M	288.19M	754.96M	178.51M
Cost of Revenue	97.09M	220.41M	113.55M	584.29M	115.68M
Gross Profit	23.42M	-13.73M	174.64M	170.67M	62.83M
SG&A	1.98M	1.57M	25.42M	29.42M	17.75M
Operating Expenses	66.66M	37.63M	-14.63M	26.95M	17.70M
Operating Income	-43.24M	-51.35M	189.27M	143.73M	45.13M
Interest Income	0.12M	1.12M	0.27M	—	—
Interest Expense	-1.39M	-10.27M	-0.33M	-1.10M	-1.25M
Other Income/Expense	-171.10M	230.06M	-2.99M	-0.75M	—
Pretax Income	-274.23M	166.99M	207.78M	138.88M	42.38M
Income Tax	-2.58M	-0.38M	—	—	—
Net Income	-271.65M	167.37M	207.78M	138.88M	42.38M
EBITDA	-3.76M	-37.06M	189.98M	145.16M	47.18M
EBIT	-43.24M	-51.35M	189.27M	143.73M	45.13M
EPS (Basic)	-0.04	0.03	0.04	0.03	—
EPS (Diluted)	-0.04	0.03	0.04	0.03	—
Margins & Efficiency
Gross Margin %	+19.4%	-6.6%	+60.6%	+22.6%	+35.2%
EBITDA Margin %	-3.1%	-17.9%	+65.9%	+19.2%	+26.4%
Net Margin %	-225.4%	+81.0%	+72.1%	+18.4%	+23.7%
Revenue & Income
Revenue	120.51M	206.68M	288.19M	754.96M	178.51M
Revenue as Reported	120.51M	215.54M	—	—	—
Revenue Growth (YoY)	-41.7%	-28.3%	-61.8%	+322.9%	—
Operating Revenue	117.74M	205.69M	288.19M	754.96M	178.51M
Interest & Investment Income	0.12M	1.12M	0.27M	—	—
Other Revenue	2.77M	1.00M	—	—	—
Earnings From Equity Investments	-11.19M	-6.92M	-31.11M	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	-3.12M
Gain (Loss) on Sale of Investments	—	—	51.73M	-1.31M	1.63M
Currency Exchange Gain (Loss)	165.00K	-103.00K	-281.00K	-51.26K	—
Expenses & Provisions
Advertising Expenses	1.67M	1.34M	3.20M	0.26M	0.11M
Cost of Revenue	97.09M	220.41M	113.55M	584.29M	115.68M
Selling, General & Admin	1.98M	1.57M	25.42M	29.42M	17.75M
Operating Expenses	66.66M	37.63M	-14.63M	26.95M	17.70M
Other Operating Expenses	18.79M	19.14M	-39.48M	-2.48M	-0.05M
Interest Expense	-1.39M	-10.27M	-0.33M	-1.10M	-1.25M
Other Non Operating Income (Expenses)	-171.10M	230.06M	-2.99M	-0.75M	—
Asset Writedown	-49.29M	-4.28M	1.22M	-1.63M	—
D&A For EBITDA	39.48M	14.30M	0.72M	1.44M	2.04M
Profitability & Returns
Gross Profit	23.42M	-13.73M	174.64M	170.67M	62.83M
Gross Margin	+19.4%	-6.6%	+60.6%	+22.6%	+35.2%
EBIT	-43.24M	-51.35M	189.27M	143.73M	45.13M
EBIT Margin	-35.9%	-24.8%	+65.7%	+19.0%	+25.3%
EBITDA	-3.76M	-37.06M	189.98M	145.16M	47.18M
EBITDA Margin	-3.1%	-17.9%	+65.9%	+19.2%	+26.4%
EBT Excluding Unusual Items	-226.63M	162.53M	154.83M	141.82M	43.88M
Pretax Income	-274.23M	166.99M	207.78M	138.88M	42.38M
Operating Income	-43.24M	-51.35M	189.27M	143.73M	45.13M
Operating Margin	-35.9%	-24.8%	+65.7%	+19.0%	+25.3%
Profit Margin	-225.4%	+81.0%	+72.1%	+18.4%	+23.7%
Net Income	-271.65M	167.37M	207.78M	138.88M	42.38M
Net Income to Common	-271.65M	167.37M	207.78M	138.88M	42.38M
Net Income Growth	—	-19.4%	+49.6%	+227.7%	—
Income Tax Expense	-2.58M	-0.38M	—	—	—
Per Share & Capital
EPS (Basic)	-0.04	0.03	0.04	0.03	—
EPS (Diluted)	-0.04	0.03	0.04	0.03	—
EPS Growth	—	-30.2%	+46.9%	—	—
Shares Change (YoY)	0	0.15	0.02	—	—
Shares Outstanding (Basic)	6.05B	6.05B	5.23B	5.14B	—
Shares Outstanding (Diluted)	6.05B	6.05B	5.23B	5.14B	—
Free Cash Flow	5.50M	-167.06M	-166.79M	145.64M	-52.47M
Free Cash Flow Margin	+4.6%	-80.8%	-57.9%	+19.3%	-29.4%
Free Cash Flow Per Share	0.00	-0.03	-0.03	0.03	—
Payout Ratio	—	—	—	+72.4%	—
Supplemental
Other Unusual Items	-0.48M	8.75M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (USD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	120.51M	206.68M	288.19M	754.96M	178.51M
Cost of Revenue	97.09M	220.41M	113.55M	584.29M	115.68M
Gross Profit	23.42M	-13.73M	174.64M	170.67M	62.83M
SG&A	1.98M	1.57M	25.42M	29.42M	17.75M
Operating Expenses	66.66M	37.63M	-14.63M	26.95M	17.70M
Operating Income	-43.24M	-51.35M	189.27M	143.73M	45.13M
Interest Income	0.12M	1.12M	0.27M	—	—
Interest Expense	-1.39M	-10.27M	-0.33M	-1.10M	-1.25M
Other Income/Expense	-171.10M	230.06M	-2.99M	-0.75M	—
Pretax Income	-274.23M	166.99M	207.78M	138.88M	42.38M
Income Tax	-2.58M	-0.38M	—	—	—
Net Income	-271.65M	167.37M	207.78M	138.88M	42.38M
EBITDA	-3.76M	-37.06M	189.98M	145.16M	47.18M
EBIT	-43.24M	-51.35M	189.27M	143.73M	45.13M
EPS (Basic)	-0.04	0.03	0.04	0.03	—
EPS (Diluted)	-0.04	0.03	0.04	0.03	—
Margins & Efficiency
Gross Margin %	+19.4%	-6.6%	+60.6%	+22.6%	+35.2%
EBITDA Margin %	-3.1%	-17.9%	+65.9%	+19.2%	+26.4%
Net Margin %	-225.4%	+81.0%	+72.1%	+18.4%	+23.7%
Revenue & Income
Revenue	120.51M	206.68M	288.19M	754.96M	178.51M
Revenue as Reported	120.51M	215.54M	—	—	—
Revenue Growth (YoY)	-41.7%	-28.3%	-61.8%	+322.9%	—
Operating Revenue	117.74M	205.69M	288.19M	754.96M	178.51M
Interest & Investment Income	0.12M	1.12M	0.27M	—	—
Other Revenue	2.77M	1.00M	—	—	—
Earnings From Equity Investments	-11.19M	-6.92M	-31.11M	—	—
Gain (Loss) on Sale of Assets	—	—	—	—	-3.12M
Gain (Loss) on Sale of Investments	—	—	51.73M	-1.31M	1.63M
Currency Exchange Gain (Loss)	165.00K	-103.00K	-281.00K	-51.26K	—
Expenses & Provisions
Advertising Expenses	1.67M	1.34M	3.20M	0.26M	0.11M
Cost of Revenue	97.09M	220.41M	113.55M	584.29M	115.68M
Selling, General & Admin	1.98M	1.57M	25.42M	29.42M	17.75M
Operating Expenses	66.66M	37.63M	-14.63M	26.95M	17.70M
Other Operating Expenses	18.79M	19.14M	-39.48M	-2.48M	-0.05M
Interest Expense	-1.39M	-10.27M	-0.33M	-1.10M	-1.25M
Other Non Operating Income (Expenses)	-171.10M	230.06M	-2.99M	-0.75M	—
Asset Writedown	-49.29M	-4.28M	1.22M	-1.63M	—
D&A For EBITDA	39.48M	14.30M	0.72M	1.44M	2.04M
Profitability & Returns
Gross Profit	23.42M	-13.73M	174.64M	170.67M	62.83M
Gross Margin	+19.4%	-6.6%	+60.6%	+22.6%	+35.2%
EBIT	-43.24M	-51.35M	189.27M	143.73M	45.13M
EBIT Margin	-35.9%	-24.8%	+65.7%	+19.0%	+25.3%
EBITDA	-3.76M	-37.06M	189.98M	145.16M	47.18M
EBITDA Margin	-3.1%	-17.9%	+65.9%	+19.2%	+26.4%
EBT Excluding Unusual Items	-226.63M	162.53M	154.83M	141.82M	43.88M
Pretax Income	-274.23M	166.99M	207.78M	138.88M	42.38M
Operating Income	-43.24M	-51.35M	189.27M	143.73M	45.13M
Operating Margin	-35.9%	-24.8%	+65.7%	+19.0%	+25.3%
Profit Margin	-225.4%	+81.0%	+72.1%	+18.4%	+23.7%
Net Income	-271.65M	167.37M	207.78M	138.88M	42.38M
Net Income to Common	-271.65M	167.37M	207.78M	138.88M	42.38M
Net Income Growth	—	-19.4%	+49.6%	+227.7%	—
Income Tax Expense	-2.58M	-0.38M	—	—	—
Per Share & Capital
EPS (Basic)	-0.04	0.03	0.04	0.03	—
EPS (Diluted)	-0.04	0.03	0.04	0.03	—
EPS Growth	—	-30.2%	+46.9%	—	—
Shares Change (YoY)	0	0.15	0.02	—	—
Shares Outstanding (Basic)	6.05B	6.05B	5.23B	5.14B	—
Shares Outstanding (Diluted)	6.05B	6.05B	5.23B	5.14B	—
Free Cash Flow	5.50M	-167.06M	-166.79M	145.64M	-52.47M
Free Cash Flow Margin	+4.6%	-80.8%	-57.9%	+19.3%	-29.4%
Free Cash Flow Per Share	0.00	-0.03	-0.03	0.03	—
Payout Ratio	—	—	—	+72.4%	—
Supplemental
Other Unusual Items	-0.48M	8.75M	—	—	—