AMANAT HOLDINGS PJSC

Amanat Holdings PJSC

AMANATStocksDubai Financial MarketDiversified Financials

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	931.69M	796.10M	679.75M	513.10M	412.87M
Cost of Revenue	529.85M	441.92M	360.58M	283.06M	228.31M
Gross Profit	401.84M	354.18M	319.17M	230.04M	184.56M
SG&A	259.90M	206.70M	173.08M	142.18M	142.69M
Operating Expenses	265.81M	200.29M	172.53M	155.81M	165.77M
Operating Income	136.03M	153.89M	146.65M	74.23M	18.79M
Interest Income	43.62M	52.67M	54.47M	46.38M	40.06M
Interest Expense	-29.53M	-35.37M	-34.73M	-29.99M	-18.20M
Other Income/Expense	-2.50M	-4.53M	-2.31M	-3.54M	-2.96M
Pretax Income	267.43M	196.21M	191.91M	112.16M	273.14M
Income Tax	19.37M	22.03M	114.83M	0.44M	—
Net Income	176.99M	115.84M	-53.20M	114.21M	280.83M
EBITDA	202.02M	203.60M	198.02M	111.07M	48.78M
EBIT	136.03M	153.89M	146.65M	74.23M	18.79M
EPS (Basic)	0.07	0.05	-0.02	0.05	0.11
EPS (Diluted)	0.07	0.05	-0.02	0.05	0.11
DPS	0.07	0.05	0.02	0.04	0.06
Margins & Efficiency
Gross Margin %	+43.1%	+44.5%	+47.0%	+44.8%	+44.7%
EBITDA Margin %	+21.7%	+25.6%	+29.1%	+21.6%	+11.8%
Net Margin %	+19.0%	+14.6%	-7.8%	+22.3%	+68.0%
Revenue & Income
Revenue	931.69M	796.10M	679.75M	513.10M	412.87M
Revenue Growth (YoY)	+17.0%	+17.1%	+32.5%	+24.3%	+187.6%
Operating Revenue	931.69M	796.10M	679.75M	513.10M	412.87M
Interest & Investment Income	43.62M	52.67M	54.47M	46.38M	40.06M
Earnings From Equity Investments	51.51M	29.56M	18.21M	25.08M	52.53M
Gain (Loss) on Sale of Assets	68.30M	—	—	—	—
Gain (Loss) on Sale of Investments	—	—	9.63M	—	202.88M
Expenses & Provisions
Cost of Revenue	529.85M	441.92M	360.58M	283.06M	228.31M
Selling, General & Admin	259.90M	206.70M	173.08M	142.18M	142.69M
Operating Expenses	265.81M	200.29M	172.53M	155.81M	165.77M
Other Operating Expenses	-37.27M	-34.27M	-24.50M	-12.83M	-2.23M
Interest Expense	-29.53M	-35.37M	-34.73M	-29.99M	-18.20M
Other Non Operating Income (Expenses)	-2.50M	-4.53M	-2.31M	-3.54M	-2.96M
Impairment of Goodwill	—	—	—	—	-19.96M
Amortization of Goodwill & Intangibles	11.31M	10.91M	11.39M	8.54M	7.86M
D&A For EBITDA	65.99M	49.71M	51.37M	36.84M	29.99M
Profitability & Returns
Gross Profit	401.84M	354.18M	319.17M	230.04M	184.56M
Gross Margin	+43.1%	+44.5%	+47.0%	+44.8%	+44.7%
EBIT	136.03M	153.89M	146.65M	74.23M	18.79M
EBIT Margin	+14.6%	+19.3%	+21.6%	+14.5%	+4.6%
EBITDA	202.02M	203.60M	198.02M	111.07M	48.78M
EBITDA Margin	+21.7%	+25.6%	+29.1%	+21.6%	+11.8%
EBT Excluding Unusual Items	199.13M	196.21M	182.28M	112.16M	90.22M
Pretax Income	267.43M	196.21M	191.91M	112.16M	273.14M
Operating Income	136.03M	153.89M	146.65M	74.23M	18.79M
Operating Margin	+14.6%	+19.3%	+21.6%	+14.5%	+4.6%
Profit Margin	+19.0%	+14.6%	-7.8%	+22.3%	+68.0%
Net Income	176.99M	115.84M	-53.20M	114.21M	280.83M
Net Income to Common	176.99M	115.84M	-53.20M	114.21M	280.83M
Net Income to Company	212.43M	146.72M	-25.30M	111.72M	273.14M
Net Income Growth	+52.8%	—	—	-59.3%	+2,685.5%
Earnings From Continuing Ops.	248.06M	174.19M	77.09M	111.72M	273.14M
Earnings From Discontinued Ops.	-35.63M	-27.47M	-102.39M	—	—
Minority Interest in Earnings	-35.45M	-30.88M	-27.90M	2.49M	7.69M
Income Tax Expense	19.37M	22.03M	114.83M	0.44M	—
Effective Tax Rate	+7.2%	+11.2%	+59.8%	+0.4%	—
Per Share & Capital
EPS (Basic)	0.07	0.05	-0.02	0.05	0.11
EPS (Diluted)	0.07	0.05	-0.02	0.05	0.11
EPS Growth	+52.6%	—	—	-59.2%	+2,680.1%
Dividend Per Share	0.07	0.05	0.02	0.04	0.06
Shares Change (YoY)	0	-0	-0	-0	0
Shares Outstanding (Basic)	2.48B	2.48B	2.49B	2.49B	2.50B
Shares Outstanding (Diluted)	2.48B	2.48B	2.49B	2.49B	2.50B
Dividend Growth	+52.2%	+130.0%	-50.0%	-33.3%	—
Free Cash Flow	90.84M	79.28M	114.08M	100.51M	20.29M
Free Cash Flow Margin	+9.8%	+10.0%	+16.8%	+19.6%	+4.9%
Free Cash Flow Per Share	0.04	0.03	0.05	0.04	0.01
Payout Ratio	+22.6%	+107.9%	—	+131.3%	—

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	931.69M	796.10M	679.75M	513.10M	412.87M
Cost of Revenue	529.85M	441.92M	360.58M	283.06M	228.31M
Gross Profit	401.84M	354.18M	319.17M	230.04M	184.56M
SG&A	259.90M	206.70M	173.08M	142.18M	142.69M
Operating Expenses	265.81M	200.29M	172.53M	155.81M	165.77M
Operating Income	136.03M	153.89M	146.65M	74.23M	18.79M
Interest Income	43.62M	52.67M	54.47M	46.38M	40.06M
Interest Expense	-29.53M	-35.37M	-34.73M	-29.99M	-18.20M
Other Income/Expense	-2.50M	-4.53M	-2.31M	-3.54M	-2.96M
Pretax Income	267.43M	196.21M	191.91M	112.16M	273.14M
Income Tax	19.37M	22.03M	114.83M	0.44M	—
Net Income	176.99M	115.84M	-53.20M	114.21M	280.83M
EBITDA	202.02M	203.60M	198.02M	111.07M	48.78M
EBIT	136.03M	153.89M	146.65M	74.23M	18.79M
EPS (Basic)	0.07	0.05	-0.02	0.05	0.11
EPS (Diluted)	0.07	0.05	-0.02	0.05	0.11
DPS	0.07	0.05	0.02	0.04	0.06
Margins & Efficiency
Gross Margin %	+43.1%	+44.5%	+47.0%	+44.8%	+44.7%
EBITDA Margin %	+21.7%	+25.6%	+29.1%	+21.6%	+11.8%
Net Margin %	+19.0%	+14.6%	-7.8%	+22.3%	+68.0%
Revenue & Income
Revenue	931.69M	796.10M	679.75M	513.10M	412.87M
Revenue Growth (YoY)	+17.0%	+17.1%	+32.5%	+24.3%	+187.6%
Operating Revenue	931.69M	796.10M	679.75M	513.10M	412.87M
Interest & Investment Income	43.62M	52.67M	54.47M	46.38M	40.06M
Earnings From Equity Investments	51.51M	29.56M	18.21M	25.08M	52.53M
Gain (Loss) on Sale of Assets	68.30M	—	—	—	—
Gain (Loss) on Sale of Investments	—	—	9.63M	—	202.88M
Expenses & Provisions
Cost of Revenue	529.85M	441.92M	360.58M	283.06M	228.31M
Selling, General & Admin	259.90M	206.70M	173.08M	142.18M	142.69M
Operating Expenses	265.81M	200.29M	172.53M	155.81M	165.77M
Other Operating Expenses	-37.27M	-34.27M	-24.50M	-12.83M	-2.23M
Interest Expense	-29.53M	-35.37M	-34.73M	-29.99M	-18.20M
Other Non Operating Income (Expenses)	-2.50M	-4.53M	-2.31M	-3.54M	-2.96M
Impairment of Goodwill	—	—	—	—	-19.96M
Amortization of Goodwill & Intangibles	11.31M	10.91M	11.39M	8.54M	7.86M
D&A For EBITDA	65.99M	49.71M	51.37M	36.84M	29.99M
Profitability & Returns
Gross Profit	401.84M	354.18M	319.17M	230.04M	184.56M
Gross Margin	+43.1%	+44.5%	+47.0%	+44.8%	+44.7%
EBIT	136.03M	153.89M	146.65M	74.23M	18.79M
EBIT Margin	+14.6%	+19.3%	+21.6%	+14.5%	+4.6%
EBITDA	202.02M	203.60M	198.02M	111.07M	48.78M
EBITDA Margin	+21.7%	+25.6%	+29.1%	+21.6%	+11.8%
EBT Excluding Unusual Items	199.13M	196.21M	182.28M	112.16M	90.22M
Pretax Income	267.43M	196.21M	191.91M	112.16M	273.14M
Operating Income	136.03M	153.89M	146.65M	74.23M	18.79M
Operating Margin	+14.6%	+19.3%	+21.6%	+14.5%	+4.6%
Profit Margin	+19.0%	+14.6%	-7.8%	+22.3%	+68.0%
Net Income	176.99M	115.84M	-53.20M	114.21M	280.83M
Net Income to Common	176.99M	115.84M	-53.20M	114.21M	280.83M
Net Income to Company	212.43M	146.72M	-25.30M	111.72M	273.14M
Net Income Growth	+52.8%	—	—	-59.3%	+2,685.5%
Earnings From Continuing Ops.	248.06M	174.19M	77.09M	111.72M	273.14M
Earnings From Discontinued Ops.	-35.63M	-27.47M	-102.39M	—	—
Minority Interest in Earnings	-35.45M	-30.88M	-27.90M	2.49M	7.69M
Income Tax Expense	19.37M	22.03M	114.83M	0.44M	—
Effective Tax Rate	+7.2%	+11.2%	+59.8%	+0.4%	—
Per Share & Capital
EPS (Basic)	0.07	0.05	-0.02	0.05	0.11
EPS (Diluted)	0.07	0.05	-0.02	0.05	0.11
EPS Growth	+52.6%	—	—	-59.2%	+2,680.1%
Dividend Per Share	0.07	0.05	0.02	0.04	0.06
Shares Change (YoY)	0	-0	-0	-0	0
Shares Outstanding (Basic)	2.48B	2.48B	2.49B	2.49B	2.50B
Shares Outstanding (Diluted)	2.48B	2.48B	2.49B	2.49B	2.50B
Dividend Growth	+52.2%	+130.0%	-50.0%	-33.3%	—
Free Cash Flow	90.84M	79.28M	114.08M	100.51M	20.29M
Free Cash Flow Margin	+9.8%	+10.0%	+16.8%	+19.6%	+4.9%
Free Cash Flow Per Share	0.04	0.03	0.05	0.04	0.01
Payout Ratio	+22.6%	+107.9%	—	+131.3%	—