Income Statement NMDC Energy -

Equities

NMDCENR

AEE01456N241

Oil Related Services and Equipment

Market Closed - Abu Dhabi Securities Exchange Other stock markets 06:58:33 2025-07-09 am EDT			5-day change	1st Jan Change
2.450 ^AED	0.00%		+3.38%	-13.12%

May. 21	NMDC Energy, Al Gharbia Sign New Pipe Manufacturing Partnership	MT
May. 21	NMDC Energy And Al Gharbia Join Forces To Accelerate Pipeline Manufacturing In UAE	RE

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Published financial data: NMDC ENERGY -

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024
Revenues	3.94B	5.38B	7.94B	14.44B
Total Revenues	3.94B	5.38B	7.94B	14.44B
Cost of Goods Sold, Total	3.47B	4.74B	6.8B	12.64B
Gross Profit	476M	643M	1.15B	1.8B
Selling General & Admin Expenses, Total	43.09M	22.4M	121M	123M
Depreciation & Amortization - (IS)	10.61M	10.61M	12.3M	-
Other Operating Expenses	275M	217M	222M	132M
Other Operating Expenses, Total	329M	250M	355M	255M
Operating Income	148M	393M	790M	1.54B
Interest Expense, Total	-32.64M	-30.84M	-12.4M	-61.9M
Interest And Investment Income	-	-	27.44M	117M
Net Interest Expenses	-32.64M	-30.84M	15.04M	55.56M
Income (Loss) On Equity Invest.	-	-	-	1.41M
Currency Exchange Gains (Loss)	-	-	-	-18.54M
EBT, Excl. Unusual Items	115M	363M	805M	1.58B
EBT, Incl. Unusual Items	115M	363M	805M	1.58B
Income Tax Expense	-16.43M	23.38M	24.78M	174M
Earnings From Continuing Operations	131M	339M	780M	1.41B
Earnings Of Discontinued Operations	-	238M	-	-
Net Income to Company	131M	577M	780M	1.41B
Minority Interest	-155K	-204K	-835K	-2.15M
Net Income - (IS)	131M	577M	780M	1.4B
Net Income to Common Incl Extra Items	131M	577M	780M	1.4B
Net Income to Common Excl. Extra Items	131M	339M	780M	1.4B
Per Share Items
Net EPS - Basic	-	5.77	7.8	0.62
Basic EPS - Continuing Operations	-	3.39	7.8	0.62
Basic Weighted Average Shares Outstanding	-	100M	100M	2.26B
Net EPS - Diluted	-	5.77	7.8	0.62
Diluted EPS - Continuing Operations	-	3.39	7.8	0.62
Diluted Weighted Average Shares Outstanding	-	100M	100M	2.26B
Normalized Basic EPS	-	2.26	5.02	0.44
Normalized Diluted EPS	-	2.26	5.02	0.44
Dividend Per Share	-	-	-	0.14
Payout Ratio	-	-	-	53.41
Supplemental Items
EBITDA	377M	596M	940M	1.74B
EBITA	148M	393M	790M	1.54B
EBIT	148M	393M	790M	1.54B
Effective Tax Rate - (Ratio)	-14.29	6.45	3.08	11.03
Total Current Taxes	-	-	-	174M
Total Deferred Taxes	-	-	-	548K
Normalized Net Income	71.7M	226M	502M	986M
Interest on Long-Term Debt	11.63M	11.38M	12.4M	12.44M
Non-Cash Pension Expense	32.74M	31.58M	40.49M	-
Supplemental Operating Expense Items
General and Administrative Expenses	43.09M	22.4M	121M	123M

Fiscal Period: December	2021	2022	2023	2024
Assets
Cash And Equivalents	579M	1.68B	3B	4.22B
Trading Asset Securities, Total	-	41.75M	24.6M	-
Total Cash And Short Term Investments	579M	1.72B	3.03B	4.22B
Accounts Receivable, Total	2.8B	2.75B	3.67B	5.69B
Other Receivables	93.57M	887M	1.14B	117M
Total Receivables	2.89B	3.63B	4.81B	5.8B
Inventory	144M	241M	236M	250M
Prepaid Expenses	111M	441M	949M	374M
Other Current Assets, Total	351M	664M	637M	1.97B
Total Current Assets	4.08B	6.7B	9.66B	12.62B
Gross Property Plant And Equipment	6.77B	6.35B	6.98B	7.71B
Accumulated Depreciation	-3.89B	-3.51B	-3.65B	-3.82B
Net Property Plant And Equipment	2.88B	2.84B	3.33B	3.89B
Long-term Investments	23.81M	23.67M	24.13M	22.9M
Goodwill	5.06M	5.06M	5.06M	5.06M
Total Assets	6.99B	9.57B	13.02B	16.53B
Liabilities
Accounts Payable, Total	298M	373M	874M	643M
Accrued Expenses, Total	114M	207M	259M	377M
Current Portion of Long-Term Debt	264M	264M	264M	264M
Current Portion of Leases	5.85M	7.41M	9.73M	86.43M
Current Income Taxes Payable	45.54M	66.76M	72.62M	204M
Unearned Revenue Current, Total	156M	1.27B	2.59B	4.09B
Other Current Liabilities	1.21B	2.19B	3.21B	4.66B
Total Current Liabilities	2.1B	4.39B	7.28B	10.32B
Long-Term Debt	1.11B	845M	580M	316M
Long-Term Leases	295M	304M	298M	364M
Pension & Other Post Retirement Benefits	254M	239M	260M	303M
Other Non Current Liabilities	-	-	-	15.22M
Total Liabilities	3.76B	5.78B	8.42B	11.32B
Common Stock, Total	100M	100M	100M	2.5B
Retained Earnings	3.14B	3.71B	4.49B	2.75B
Comprehensive Income and Other	-9.13M	-17.89M	753K	-35M
Total Common Equity	3.23B	3.8B	4.59B	5.21B
Minority Interest	2.88M	3.08M	3.92M	6.06M
Total Equity	3.23B	3.8B	4.6B	5.22B
Total Liabilities And Equity	6.99B	9.57B	13.02B	16.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	100M	100M	5B
ECS Total Common Shares Outstanding	-	100M	100M	5B
Book Value / Share	-	37.96	45.95	1.04
Tangible Book Value	3.22B	3.79B	4.59B	5.21B
Tangible Book Value Per Share	-	37.91	45.9	1.04
Total Debt	1.67B	1.42B	1.15B	1.03B
Net Debt	1.1B	-303M	-1.88B	-3.18B
Minority Interest, Total (Incl. Fin. Div)	2.88M	3.08M	3.92M	6.06M
Equity Method Investments, Total	23.81M	23.67M	24.13M	22.9M
Account Code - Inventory Valuation	-	6	6	6
Inventories - Raw Materials, Total	193M	293M	289M	305M
Buildings, Total	543M	543M	577M	577M
Machinery, Total	5.88B	5.29B	5.88B	5.99B
Full Time Employees	-	-	-	16.28K
Accumulated Allowance for Doubtful Accounts (Supple)	971K	288K	2.29M	1.97M

Fiscal Period: December	2021	2022	2023	2024
Net Income	131M	577M	780M	1.4B
Depreciation & Amortization - CF	240M	213M	162M	247M
Depreciation & Amortization, Total	240M	213M	162M	247M
(Gain) Loss From Sale Of Asset	25K	17.52M	-958K	-8.32M
(Income) Loss On Equity Investments - (CF)	-1.26M	-1.09M	-1.73M	-1.41M
Provision and Write-off of Bad Debts	1.4M	-628K	2.21M	494K
Net Cash From Discontinued Operations	-	0	-	-
Other Operating Activities, Total	-60.64M	-180M	14.04M	125M
Change In Accounts Receivable	299M	-603M	-1.43B	-2.76B
Change In Inventories	6.37M	-100M	3.81M	-15.97M
Change In Accounts Payable	-118M	1.98B	3.05B	2.72B
Change in Unearned Revenues	-57.11M	249M	-122M	796M
Change in Other Net Operating Assets	-	-64.84M	-230M	328M
Cash from Operations	440M	2.08B	2.22B	2.84B
Capital Expenditure	-68.01M	-216M	-645M	-610M
Sale of Property, Plant, and Equipment	-	39.48M	1.57M	8.32M
Investment in Marketable and Equity Securities, Total	-	-	-506M	-85.2M
Other Investing Activities, Total	1.46M	1.23M	1.34M	120M
Cash from Investing	-66.54M	-175M	-1.15B	-566M
Long-Term Debt Repaid, Total	-270M	-271M	-273M	-338M
Total Debt Repaid	-270M	-271M	-273M	-338M
Common Dividends Paid	-	-	-	-750M
Common & Preferred Stock Dividends Paid	-	-	-	-750M
Other Financing Activities, Total	-32.67M	-531M	15.04M	-49.46M
Cash from Financing	-303M	-802M	-258M	-1.14B
Foreign Exchange Rate Adjustments	-465K	-2.34M	-1.64M	-6.28M
Net Change in Cash	70.69M	1.1B	816M	1.13B
Supplemental Items
Cash Interest Paid	32.64M	30.84M	12.4M	49.46M
Cash Income Tax Paid (Refund)	24.64M	2.16M	18.93M	43.26M
Levered Free Cash Flow	-	1.03B	1.24B	1.78B
Unlevered Free Cash Flow	-	1.05B	1.25B	1.82B
Change In Net Working Capital	-	-808M	-1.24B	-1.22B
Net Debt Issued / Repaid	-270M	-271M	-273M	-338M

Fiscal Period: December	2021	2022	2023	2024
Profitability
Return on Assets	-	2.97	4.37	6.52
Return on Total Capital	-	4.86	9	16.06
Return On Equity %	-	9.65	18.59	28.65
Return on Common Equity	-	9.65	18.58	28.63
Margin Analysis
Gross Profit Margin %	12.08	11.95	14.42	12.44
SG&A Margin	1.09	0.42	1.53	0.85
EBITDA Margin %	9.56	11.07	11.84	12.05
EBITA Margin %	3.74	7.31	9.95	10.68
EBIT Margin %	3.74	7.31	9.95	10.68
Income From Continuing Operations Margin %	3.33	6.3	9.83	9.74
Net Income Margin %	3.33	10.72	9.82	9.72
Net Avail. For Common Margin %	3.33	6.3	9.82	9.72
Normalized Net Income Margin	1.82	4.21	6.33	6.83
Levered Free Cash Flow Margin	-	19.17	15.66	12.32
Unlevered Free Cash Flow Margin	-	19.53	15.76	12.59
Asset Turnover
Asset Turnover	-	0.65	0.7	0.98
Fixed Assets Turnover	-	1.88	2.57	4
Receivables Turnover (Average Receivables)	-	1.94	2.47	3.09
Inventory Turnover (Average Inventory)	-	24.61	28.49	51.99
Short Term Liquidity
Current Ratio	1.95	1.53	1.33	1.22
Quick Ratio	1.66	1.22	1.08	0.97
Operating Cash Flow to Current Liabilities	0.21	0.47	0.31	0.27
Days Sales Outstanding (Average Receivables)	-	188.13	147.51	118.6
Days Outstanding Inventory (Average Inventory)	-	14.83	12.81	7.04
Average Days Payable Outstanding	-	25.34	33.52	28.3
Cash Conversion Cycle (Average Days)	-	177.63	126.8	97.34
Long Term Solvency
Total Debt/Equity	51.83	37.4	25.06	19.75
Total Debt / Total Capital	34.14	27.22	20.04	16.49
LT Debt/Equity	43.46	30.24	19.1	13.03
Long-Term Debt / Total Capital	28.63	22.01	15.27	10.88
Total Liabilities / Total Assets	53.75	60.32	64.68	68.44
EBIT / Interest Expense	4.52	12.76	63.71	24.92
EBITDA / Interest Expense	11.87	19.67	76.81	28.9
(EBITDA - Capex) / Interest Expense	9.78	12.66	24.81	19.06
Total Debt / EBITDA	4.32	2.34	1.21	0.58
Net Debt / EBITDA	2.83	-0.5	-1.97	-1.78
Total Debt / (EBITDA - Capex)	5.24	3.64	3.74	0.87
Net Debt / (EBITDA - Capex)	3.43	-0.78	-6.1	-2.7
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	36.5	47.55	81.85
Gross Profit, 1 Yr. Growth %	-	34.97	78.12	56.87
EBITDA, 1 Yr. Growth %	-	58.18	57.77	81.24
EBITA, 1 Yr. Growth %	-	166.57	100.82	90.37
EBIT, 1 Yr. Growth %	-	166.57	100.82	90.37
Earnings From Cont. Operations, 1 Yr. Growth %	-	158.21	130.04	80.19
Net Income, 1 Yr. Growth %	-	339.42	35.19	80.11
Normalized Net Income, 1 Yr. Growth %	-	215.84	121.88	96.19
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	129.94	80.11
Accounts Receivable, 1 Yr. Growth %	-	-1.93	33.67	54.9
Inventory, 1 Yr. Growth %	-	67.46	-2.18	6.19
Net Property, Plant and Equip., 1 Yr. Growth %	-	-1.28	17.12	16.89
Total Assets, 1 Yr. Growth %	-	37.04	35.99	26.99
Tangible Book Value, 1 Yr. Growth %	-	17.62	21.05	13.47
Common Equity, 1 Yr. Growth %	-	17.59	21.03	13.46
Cash From Operations, 1 Yr. Growth %	-	372.77	6.78	27.56
Capital Expenditures, 1 Yr. Growth %	-	217.65	198.51	-5.48
Levered Free Cash Flow, 1 Yr. Growth %	-	-	20.56	49.3
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	19.09	46.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	41.92	63.81
Gross Profit, 2 Yr. CAGR %	-	-	55.05	67.16
EBITDA, 2 Yr. CAGR %	-	-	57.98	70.88
EBITA, 2 Yr. CAGR %	-	-	131.37	97.97
EBIT, 2 Yr. CAGR %	-	-	131.37	97.97
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	143.72	103.6
Net Income, 2 Yr. CAGR %	-	-	143.73	56.04
Normalized Net Income, 2 Yr. CAGR %	-	-	164.72	108.64
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-57.21
Accounts Receivable, 2 Yr. CAGR %	-	-	14.49	43.89
Inventory, 2 Yr. CAGR %	-	-	27.99	1.92
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	7.53	17.01
Total Assets, 2 Yr. CAGR %	-	-	36.51	31.41
Tangible Book Value, 2 Yr. CAGR %	-	-	19.32	17.2
Common Equity, 2 Yr. CAGR %	-	-	19.3	17.18
Cash From Operations, 2 Yr. CAGR %	-	-	124.68	16.71
Capital Expenditures, 2 Yr. CAGR %	-	-	207.93	67.97
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	31.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	31.52
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	54.15
Gross Profit, 3 Yr. CAGR %	-	-	-	55.66
EBITDA, 3 Yr. CAGR %	-	-	-	66.54
EBITA, 3 Yr. CAGR %	-	-	-	118.61
EBIT, 3 Yr. CAGR %	-	-	-	118.61
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	120.38
Net Income, 3 Yr. CAGR %	-	-	-	120.35
Normalized Net Income, 3 Yr. CAGR %	-	-	-	139.56
Accounts Receivable, 3 Yr. CAGR %	-	-	-	26.63
Inventory, 3 Yr. CAGR %	-	-	-	20.27
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	10.56
Total Assets, 3 Yr. CAGR %	-	-	-	33.26
Tangible Book Value, 3 Yr. CAGR %	-	-	-	17.34
Common Equity, 3 Yr. CAGR %	-	-	-	17.32
Cash From Operations, 3 Yr. CAGR %	-	-	-	86.05
Capital Expenditures, 3 Yr. CAGR %	-	-	-	107.72