Al Jazeira Services Company SAOG (MSM: AJSS)

AJSS Income Statement

Financials in millions OMR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	10.8	10.25	8.36	7.65	7.71	7.51
Other Revenue	0.04	0.04	0.04	0.03	-	-
Revenue	10.84	10.29	8.41	7.68	7.71	7.51
Revenue Growth (YoY)	9.64%	22.45%	9.44%	-0.43%	2.65%	1.56%
Cost of Revenue	9.56	8.99	7.35	6.52	6.48	5.66
Gross Profit	1.28	1.3	1.06	1.16	1.23	1.85
Selling, General & Admin	0.41	0.39	0.32	0.3	0.29	0.99
Other Operating Expenses	0.19	0.18	0.12	0.12	0.14	-0.03
Operating Expenses	0.64	0.62	0.46	0.42	0.44	0.96
Operating Income	0.65	0.68	0.6	0.74	0.79	0.9
Interest Expense	-	-0	-0	-0	-0	-0
Interest & Investment Income	0.37	0.36	0.08	0.08	0.01	-
Earnings From Equity Investments	0.04	1.41	1.08	2.32	1.61	0.75
Currency Exchange Gain (Loss)	-0	-0	-0	-0	-0	-0
Other Non Operating Income (Expenses)	-0.01	-0.01	-0	-0	-0	-0
EBT Excluding Unusual Items	1.05	2.44	1.75	3.14	2.4	1.64
Gain (Loss) on Sale of Investments	-	-	-	-	-0.14	0.2
Gain (Loss) on Sale of Assets	-	-	0	0	-	-
Pretax Income	1.05	2.44	1.75	3.15	2.27	1.83
Income Tax Expense	0.17	0.16	0.14	0.18	0.1	0.19
Net Income	0.88	2.29	1.61	2.96	2.17	1.64
Net Income to Common	0.88	2.29	1.61	2.96	2.17	1.64
Net Income Growth	-68.68%	41.57%	-45.49%	36.72%	32.15%	-
Shares Outstanding (Basic)	112	112	112	112	112	112
Shares Outstanding (Diluted)	112	112	112	112	112	112
EPS (Basic)	0.01	0.02	0.01	0.03	0.02	0.01
EPS (Diluted)	0.01	0.02	0.01	0.03	0.02	0.01
EPS Growth	-68.68%	41.58%	-45.49%	36.72%	32.15%	-
Free Cash Flow	0.94	0.56	0.14	0.02	1.03	0.59
Free Cash Flow Per Share	0.01	0.00	0.00	0.00	0.01	0.01
Dividend Per Share	-	-	0.010	0.031	0.025	0.014
Dividend Growth	-	-	-67.74%	24.00%	78.57%	40.00%
Gross Margin	11.83%	12.63%	12.55%	15.16%	15.95%	24.68%
Operating Margin	5.96%	6.64%	7.10%	9.70%	10.27%	11.91%
Profit Margin	8.09%	22.21%	19.21%	38.57%	28.09%	21.82%
Free Cash Flow Margin	8.70%	5.42%	1.68%	0.22%	13.40%	7.81%
EBITDA	0.69	0.73	0.61	0.75	0.8	0.9
EBITDA Margin	6.38%	7.06%	7.30%	9.77%	10.36%	11.98%
D&A For EBITDA	0.05	0.04	0.02	0.01	0.01	0.01
EBIT	0.65	0.68	0.6	0.74	0.79	0.9
EBIT Margin	5.96%	6.64%	7.10%	9.70%	10.27%	11.91%
Effective Tax Rate	16.19%	6.44%	7.88%	5.84%	4.43%	10.62%
Advertising Expenses	-	0	0	0	0	0

Source: S&P Capital IQ. Standard template. Financial Sources.