ALEC HOLDINGS

ALEC Holdings PJSC

ALECStocksDubai Financial MarketConsumer Discretionary

Financials

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	4.61B	3.70B	3.54B	2.89B	2.68B
Cost of Revenue	4.20B	3.23B	3.22B	2.62B	2.41B
Gross Profit	409.80M	463.99M	322.50M	276.61M	268.25M
SG&A	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Expenses	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Income	288.27M	308.48M	231.49M	154.74M	151.01M
Interest Income	—	5.88M	7.40M	5.64M	4.31M
Interest Expense	-30.05M	-17.15M	-14.06M	-23.91M	-22.42M
Other Income/Expense	8.39M	0.92M	21.88M	1.63M	1.08M
Pretax Income	264.46M	302.95M	220.63M	138.09M	133.33M
Income Tax	34.00M	47.43M	28.09M	13.56M	13.81M
Net Income	230.61M	256.15M	192.25M	122.93M	118.90M
EBITDA	361.52M	368.12M	291.25M	202.94M	199.21M
EBIT	288.27M	308.48M	231.49M	154.74M	151.01M
EPS (Basic)	0.05	0.05	0.04	0.02	0.02
EPS (Diluted)	0.05	0.05	0.04	0.02	0.02
Margins & Efficiency
Gross Margin %	+8.9%	+12.5%	+9.1%	+9.6%	+10.0%
EBITDA Margin %	+7.8%	+10.0%	+8.2%	+7.0%	+7.4%
Net Margin %	+5.0%	+6.9%	+5.4%	+4.2%	+4.4%
Revenue & Income
Revenue	4.61B	3.70B	3.54B	2.89B	2.68B
Revenue Growth (YoY)	+71.9%	+35.9%	+82.2%	+55.5%	+56.0%
Interest & Investment Income	—	5.88M	7.40M	5.64M	4.31M
Earnings From Equity Investments	-0.02M	-0.05M	-1.75M	-0.01M	-0.01M
Gain (Loss) on Sale of Investments	-2.13M	4.86M	-24.33M	—	-0.65M
Expenses & Provisions
Cost of Revenue	4.20B	3.23B	3.22B	2.62B	2.41B
Selling, General & Admin	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Expenses	121.53M	155.51M	91.01M	121.88M	117.24M
Interest Expense	-30.05M	-17.15M	-14.06M	-23.91M	-22.42M
Other Non Operating Income (Expenses)	8.39M	0.92M	21.88M	1.63M	1.08M
D&A For EBITDA	73.25M	59.65M	59.76M	48.20M	48.20M
Profitability & Returns
Gross Profit	409.80M	463.99M	322.50M	276.61M	268.25M
Gross Margin	+8.9%	+12.5%	+9.1%	+9.6%	+10.0%
EBIT	288.27M	308.48M	231.49M	154.74M	151.01M
EBIT Margin	+6.3%	+8.3%	+6.5%	+5.3%	+5.6%
EBITDA	361.52M	368.12M	291.25M	202.94M	199.21M
EBITDA Margin	+7.8%	+10.0%	+8.2%	+7.0%	+7.4%
EBT Excluding Unusual Items	266.59M	298.08M	244.96M	138.09M	133.97M
Pretax Income	264.46M	302.95M	220.63M	138.09M	133.33M
Operating Income	288.27M	308.48M	231.49M	154.74M	151.01M
Operating Margin	+6.3%	+8.3%	+6.5%	+5.3%	+5.6%
Profit Margin	+5.0%	+6.9%	+5.4%	+4.2%	+4.4%
Net Income	230.61M	256.15M	192.25M	122.93M	118.90M
Net Income to Common	230.61M	256.15M	192.25M	122.93M	118.90M
Net Income Growth	+94.0%	+57.1%	+171.0%	+24.2%	+85.1%
Earnings From Continuing Ops.	230.46M	255.52M	192.54M	124.53M	119.51M
Minority Interest in Earnings	0.15M	0.63M	-0.29M	-1.60M	-0.61M
Income Tax Expense	34.00M	47.43M	28.09M	13.56M	13.81M
Effective Tax Rate	+12.9%	+15.7%	+12.7%	+9.8%	+10.4%
Per Share & Capital
EPS (Basic)	0.05	0.05	0.04	0.02	0.02
EPS (Diluted)	0.05	0.05	0.04	0.02	0.02
EPS Growth	+93.4%	+57.1%	+171.0%	+24.2%	+85.1%
Dividend Per Share	—	0.05	—	—	—
Shares Change (YoY)	0	—	—	—	—
Shares Outstanding (Basic)	5.01B	5.00B	5.00B	5.00B	5.00B
Shares Outstanding (Diluted)	5.01B	5.00B	5.00B	5.00B	5.00B
Dividend Growth	—	-5.7%	—	—	—
Free Cash Flow	-498.83M	204.30M	283.62M	241.98M	241.98M
Free Cash Flow Margin	-10.8%	+5.5%	+8.0%	+8.4%	+9.0%
Free Cash Flow Per Share	-0.10	0.04	0.06	0.05	0.05
Payout Ratio	—	—	+44.2%	+73.2%	+75.7%

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	4.61B	3.70B	3.54B	2.89B	2.68B
Cost of Revenue	4.20B	3.23B	3.22B	2.62B	2.41B
Gross Profit	409.80M	463.99M	322.50M	276.61M	268.25M
SG&A	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Expenses	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Income	288.27M	308.48M	231.49M	154.74M	151.01M
Interest Income	—	5.88M	7.40M	5.64M	4.31M
Interest Expense	-30.05M	-17.15M	-14.06M	-23.91M	-22.42M
Other Income/Expense	8.39M	0.92M	21.88M	1.63M	1.08M
Pretax Income	264.46M	302.95M	220.63M	138.09M	133.33M
Income Tax	34.00M	47.43M	28.09M	13.56M	13.81M
Net Income	230.61M	256.15M	192.25M	122.93M	118.90M
EBITDA	361.52M	368.12M	291.25M	202.94M	199.21M
EBIT	288.27M	308.48M	231.49M	154.74M	151.01M
EPS (Basic)	0.05	0.05	0.04	0.02	0.02
EPS (Diluted)	0.05	0.05	0.04	0.02	0.02
Margins & Efficiency
Gross Margin %	+8.9%	+12.5%	+9.1%	+9.6%	+10.0%
EBITDA Margin %	+7.8%	+10.0%	+8.2%	+7.0%	+7.4%
Net Margin %	+5.0%	+6.9%	+5.4%	+4.2%	+4.4%
Revenue & Income
Revenue	4.61B	3.70B	3.54B	2.89B	2.68B
Revenue Growth (YoY)	+71.9%	+35.9%	+82.2%	+55.5%	+56.0%
Interest & Investment Income	—	5.88M	7.40M	5.64M	4.31M
Earnings From Equity Investments	-0.02M	-0.05M	-1.75M	-0.01M	-0.01M
Gain (Loss) on Sale of Investments	-2.13M	4.86M	-24.33M	—	-0.65M
Expenses & Provisions
Cost of Revenue	4.20B	3.23B	3.22B	2.62B	2.41B
Selling, General & Admin	121.53M	155.51M	91.01M	121.88M	117.24M
Operating Expenses	121.53M	155.51M	91.01M	121.88M	117.24M
Interest Expense	-30.05M	-17.15M	-14.06M	-23.91M	-22.42M
Other Non Operating Income (Expenses)	8.39M	0.92M	21.88M	1.63M	1.08M
D&A For EBITDA	73.25M	59.65M	59.76M	48.20M	48.20M
Profitability & Returns
Gross Profit	409.80M	463.99M	322.50M	276.61M	268.25M
Gross Margin	+8.9%	+12.5%	+9.1%	+9.6%	+10.0%
EBIT	288.27M	308.48M	231.49M	154.74M	151.01M
EBIT Margin	+6.3%	+8.3%	+6.5%	+5.3%	+5.6%
EBITDA	361.52M	368.12M	291.25M	202.94M	199.21M
EBITDA Margin	+7.8%	+10.0%	+8.2%	+7.0%	+7.4%
EBT Excluding Unusual Items	266.59M	298.08M	244.96M	138.09M	133.97M
Pretax Income	264.46M	302.95M	220.63M	138.09M	133.33M
Operating Income	288.27M	308.48M	231.49M	154.74M	151.01M
Operating Margin	+6.3%	+8.3%	+6.5%	+5.3%	+5.6%
Profit Margin	+5.0%	+6.9%	+5.4%	+4.2%	+4.4%
Net Income	230.61M	256.15M	192.25M	122.93M	118.90M
Net Income to Common	230.61M	256.15M	192.25M	122.93M	118.90M
Net Income Growth	+94.0%	+57.1%	+171.0%	+24.2%	+85.1%
Earnings From Continuing Ops.	230.46M	255.52M	192.54M	124.53M	119.51M
Minority Interest in Earnings	0.15M	0.63M	-0.29M	-1.60M	-0.61M
Income Tax Expense	34.00M	47.43M	28.09M	13.56M	13.81M
Effective Tax Rate	+12.9%	+15.7%	+12.7%	+9.8%	+10.4%
Per Share & Capital
EPS (Basic)	0.05	0.05	0.04	0.02	0.02
EPS (Diluted)	0.05	0.05	0.04	0.02	0.02
EPS Growth	+93.4%	+57.1%	+171.0%	+24.2%	+85.1%
Dividend Per Share	—	0.05	—	—	—
Shares Change (YoY)	0	—	—	—	—
Shares Outstanding (Basic)	5.01B	5.00B	5.00B	5.00B	5.00B
Shares Outstanding (Diluted)	5.01B	5.00B	5.00B	5.00B	5.00B
Dividend Growth	—	-5.7%	—	—	—
Free Cash Flow	-498.83M	204.30M	283.62M	241.98M	241.98M
Free Cash Flow Margin	-10.8%	+5.5%	+8.0%	+8.4%	+9.0%
Free Cash Flow Per Share	-0.10	0.04	0.06	0.05	0.05
Payout Ratio	—	—	+44.2%	+73.2%	+75.7%