Dhofar Generating Company SAOG (MSM:DGEN)

MSM:DGEN 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	64.62	59.51	52.32	47.04	42.1	40.56
Revenue Growth (YoY)	13.94%	13.76%	11.21%	11.74%	3.79%	1.93%
Selling, General & Admin	0.5	0.45	0.34	0.44	0.57	0.55
Depreciation & Amortization	0.01	0	0	0.01	0.02	0.03
Provision for Bad Debts	-0.02	-0	-0.13	0	-	0.19
Other Operating Expenses	56.55	50.82	43.05	37.34	31.69	29.76
Total Operating Expenses	57.04	51.27	43.26	37.78	32.28	30.53
Operating Income	7.58	8.24	9.06	9.26	9.81	10.03
Interest Expense	-6.76	-7.68	-7.7	-6.62	-6.83	-6.85
Interest Income	1.39	1.93	1.45	0.31	0.22	0.25
Net Interest Expense	-5.37	-5.75	-6.25	-6.31	-6.61	-6.59
Other Non-Operating Income (Expenses)	-0.51	-0.38	-0.43	-0.36	-0.36	-0.27
EBT Excluding Unusual Items	1.7	2.12	2.37	2.58	2.84	3.16
Gain (Loss) on Sale of Assets	-	0.01	-	-	-	-
Pretax Income	1.7	2.13	2.37	2.58	2.84	3.16
Income Tax Expense	0.44	0.67	0.75	0.64	0	1.54
Net Income	1.26	1.46	1.62	1.94	2.84	1.62
Net Income to Common	1.26	1.46	1.62	1.94	2.84	1.62
Net Income Growth	-29.45%	-10.18%	-16.29%	-31.76%	74.94%	118.15%
Shares Outstanding (Basic)	222	222	222	222	222	222
Shares Outstanding (Diluted)	222	222	222	222	222	222
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	-29.45%	-10.19%	-16.29%	-31.76%	82.63%	109.02%
Free Cash Flow	8.05	8.08	8.72	12.23	17.05	16.42
Free Cash Flow Per Share	0.04	0.04	0.04	0.06	0.08	0.07
Dividend Per Share	-	-	-	-	-	0.018
Profit Margin	1.95%	2.45%	3.10%	4.12%	6.75%	4.00%
Free Cash Flow Margin	12.46%	13.58%	16.66%	26.00%	40.50%	40.49%
EBITDA	11.82	12.48	13.28	13.48	14.03	14.13
EBITDA Margin	18.29%	20.96%	25.39%	28.65%	33.31%	34.84%
D&A For EBITDA	4.24	4.23	4.23	4.22	4.21	4.1
EBIT	7.58	8.24	9.06	9.26	9.81	10.03
EBIT Margin	11.72%	13.85%	17.31%	19.68%	23.31%	24.73%
Effective Tax Rate	25.91%	31.54%	31.62%	24.87%	0.01%	48.68%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.