MSM:GECS Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	285.64	286.04	249.85	177.62	187.95
Revenue Growth (YoY)	-0.14%	14.48%	40.67%	-5.50%	-10.04%
Cost of Revenue	267.04	277.8	241.8	170.58	184.22
Gross Profit	18.6	8.24	8.06	7.04	3.73
Selling, General & Admin	7.09	8.38	8.83	7.26	4.92
Other Operating Expenses	-1.27	-1.21	-1.45	-1.38	-4.73
Operating Expenses	6.35	7.63	7.95	6.28	1.22
Operating Income	12.24	0.6	0.11	0.76	2.52
Interest Expense	-6.27	-5.24	-3.48	-2.76	-3.71
Earnings From Equity Investments	-0.14	0.1	-0.43	-0.4	-0.17
Currency Exchange Gain (Loss)	0.02	-0.01	-0.01	-0	-
Other Non Operating Income (Expenses)	-2.01	-1.12	2.51	1.65	2.05
EBT Excluding Unusual Items	3.85	-5.67	-1.31	-0.75	0.69
Gain (Loss) on Sale of Assets	1.62	1.9	1.26	0.91	0.59
Pretax Income	5.47	-3.76	-0.05	0.16	1.28
Income Tax Expense	0.27	0.15	-0.18	-1.13	0.02
Earnings From Continuing Operations	5.2	-3.91	0.13	1.28	1.26
Net Income to Company	5.2	-3.91	0.13	1.28	1.26
Minority Interest in Earnings	-0	0.06	0.04	0.02	0.02
Net Income	5.2	-3.86	0.17	1.3	1.28
Net Income to Common	5.2	-3.86	0.17	1.3	1.28
Net Income Growth	-	-	-87.12%	1.96%	-
Shares Outstanding (Basic)	291	291	291	291	291
Shares Outstanding (Diluted)	291	291	291	291	291
EPS (Basic)	0.02	-0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.01	0.00	0.00	0.00
EPS Growth	-	-	-85.55%	-	-
Free Cash Flow	7.54	-8.93	-36.33	13.4	27.11
Free Cash Flow Per Share	0.03	-0.03	-0.13	0.05	0.09
Gross Margin	6.51%	2.88%	3.22%	3.96%	1.98%
Operating Margin	4.29%	0.21%	0.04%	0.43%	1.34%
Profit Margin	1.82%	-1.35%	0.07%	0.73%	0.68%
Free Cash Flow Margin	2.64%	-3.12%	-14.54%	7.54%	14.42%
EBITDA	23.64	10.25	6.93	9.12	13.34
EBITDA Margin	8.28%	3.58%	2.77%	5.13%	7.10%
D&A For EBITDA	11.4	9.64	6.82	8.36	10.83
EBIT	12.24	0.6	0.11	0.76	2.52
EBIT Margin	4.29%	0.21%	0.04%	0.43%	1.34%
Effective Tax Rate	4.93%	-	-	-	1.88%
Advertising Expenses	0.05	0.03	0.04	0.02	0.01

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