Al Jazeira Services Company SAOG (MSM:AJSS)

MSM:AJSS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10.79	10.72	10.25	8.36	7.65	7.71
Other Revenue	0.03	0.03	0.04	0.04	0.03	-
Revenue	10.82	10.75	10.29	8.41	7.68	7.71
Revenue Growth (YoY)	0.29%	4.48%	22.45%	9.44%	-0.43%	2.65%
Cost of Revenue	9.44	9.34	8.98	7.35	6.52	6.48
Gross Profit	1.38	1.41	1.31	1.06	1.16	1.23
Selling, General & Admin	0.41	0.41	0.4	0.32	0.3	0.29
Other Operating Expenses	0.27	0.27	0.18	0.12	0.12	0.14
Operating Expenses	0.73	0.73	0.62	0.46	0.42	0.44
Operating Income	0.64	0.68	0.68	0.6	0.74	0.79
Interest Expense	-0	-0	-0	-0	-0	-0
Interest & Investment Income	0.4	0.43	0.36	0.08	0.08	0.01
Earnings From Equity Investments	0.13	0.06	1.41	1.08	2.32	1.61
Currency Exchange Gain (Loss)	-0	-0	-0	-0	-0	-0
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.01	-0	-0	-0
EBT Excluding Unusual Items	1.16	1.17	2.44	1.75	3.14	2.4
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.14
Gain (Loss) on Sale of Assets	-	-	-	0	0	-
Pretax Income	1.16	1.17	2.44	1.75	3.15	2.27
Income Tax Expense	0.19	0.2	0.16	0.14	0.18	0.1
Net Income	0.97	0.97	2.29	1.61	2.96	2.17
Net Income to Common	0.97	0.97	2.29	1.61	2.96	2.17
Net Income Growth	-21.00%	-57.71%	41.58%	-45.49%	36.72%	32.15%
Shares Outstanding (Basic)	91	106	112	112	112	112
Shares Outstanding (Diluted)	91	106	112	112	112	112
Shares Change (YoY)	-17.50%	-5.00%	-	-	-	-
EPS (Basic)	0.01	0.01	0.02	0.01	0.03	0.02
EPS (Diluted)	0.01	0.01	0.02	0.01	0.03	0.02
EPS Growth	-5.25%	-55.00%	38.37%	-45.49%	36.72%	32.15%
Free Cash Flow	-	0.4	0.56	0.14	0.02	1.03
Free Cash Flow Per Share	-	0.00	0.01	0.00	-	0.01
Dividend Per Share	-	0.015	-	0.010	0.031	0.025
Dividend Growth	-	-	-	-67.74%	24.00%	78.57%
Gross Margin	12.72%	13.11%	12.71%	12.61%	15.16%	15.96%
Operating Margin	5.93%	6.28%	6.64%	7.10%	9.70%	10.27%
Profit Margin	8.98%	8.99%	22.21%	19.21%	38.57%	28.09%
Free Cash Flow Margin	-	3.75%	5.42%	1.68%	0.22%	13.40%
EBITDA	0.7	0.72	0.73	0.61	0.75	0.8
EBITDA Margin	6.44%	6.74%	7.06%	7.30%	9.77%	10.36%
D&A For EBITDA	0.05	0.05	0.04	0.02	0.01	0.01
EBIT	0.64	0.68	0.68	0.6	0.74	0.79
EBIT Margin	5.93%	6.28%	6.64%	7.10%	9.70%	10.27%
Effective Tax Rate	16.40%	17.08%	6.44%	7.88%	5.84%	4.43%
Advertising Expenses	-	0	0	0	0	0

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.