Al Batinah Power Company SAOG (MSM:BATP)

MSM:BATP Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	84.69	78.97	66.33	66.77	52.05
Other Revenue	0.8	0.57	0.48	0.06	-
Revenue	85.49	79.53	66.81	66.84	52.05
Revenue Growth (YoY)	7.49%	19.05%	-0.04%	28.42%	2.80%
Depreciation & Amortization	7.67	7.67	7.67	7.69	7.69
Other Operating Expenses	56.01	50.65	38.43	38.21	23.68
Total Operating Expenses	63.68	58.32	46.11	45.9	31.37
Operating Income	21.81	21.22	20.7	20.94	20.68
Interest Expense	-3.67	-4.73	-5.77	-6.57	-7.37
Interest Income	0.16	0.29	0.26	0.09	0
Net Interest Expense	-3.51	-4.44	-5.51	-6.48	-7.36
Currency Exchange Gain (Loss)	-0.05	-0.06	-0.06	-0.04	-0.04
Other Non-Operating Income (Expenses)	-0.25	-0.13	-0.19	-0.11	-0.28
EBT Excluding Unusual Items	18	16.59	14.95	14.32	12.99
Pretax Income	18	16.59	14.95	14.32	12.99
Income Tax Expense	2.7	2.49	2.24	2.15	1.87
Net Income	15.3	14.1	12.71	12.17	11.12
Net Income to Common	15.3	14.1	12.71	12.17	11.12
Net Income Growth	8.52%	11.00%	4.41%	9.39%	4.78%
Shares Outstanding (Basic)	675	675	675	675	675
Shares Outstanding (Diluted)	675	675	675	675	675
EPS (Basic)	0.02	0.02	0.02	0.02	0.02
EPS (Diluted)	0.02	0.02	0.02	0.02	0.02
EPS Growth	8.51%	11.00%	4.40%	9.40%	4.78%
Free Cash Flow	28.12	25.67	28.18	31.17	28.72
Free Cash Flow Per Share	0.04	0.04	0.04	0.05	0.04
Dividend Per Share	-	0.008	0.011	0.007	0.006
Dividend Growth	-	-33.91%	64.29%	16.67%	1.70%
Profit Margin	17.90%	17.73%	19.02%	18.21%	21.37%
Free Cash Flow Margin	32.89%	32.28%	42.18%	46.64%	55.18%
EBITDA	29.27	28.68	28.17	28.41	28.24
EBITDA Margin	34.24%	36.06%	42.16%	42.51%	54.26%
D&A For EBITDA	7.46	7.46	7.46	7.47	7.56
EBIT	21.81	21.22	20.7	20.94	20.68
EBIT Margin	25.51%	26.68%	30.99%	31.33%	39.73%
Effective Tax Rate	15.00%	15.01%	15.00%	15.00%	14.37%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.