Gulf Mushroom Products Co. SAOG (MSM:GMPI)

MSM:GMPI Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11.35	10.27	9.81	7.87	6.09
Revenue Growth (YoY)	10.42%	4.71%	24.71%	29.27%	-19.08%
Cost of Revenue	5.79	5.63	5.1	4.38	3.38
Gross Profit	5.56	4.64	4.71	3.49	2.71
Selling, General & Admin	3.03	2.78	2.62	2.32	2.06
Other Operating Expenses	-0.02	-0.04	-0.02	-0.03	-0.02
Operating Expenses	3.02	2.75	2.59	2.29	2.04
Operating Income	2.54	1.89	2.12	1.2	0.67
Interest Expense	-0.25	-0.26	-0.27	-0.3	-0.36
Currency Exchange Gain (Loss)	-	-	-	0.01	-0
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.02	-0.01	-
EBT Excluding Unusual Items	2.29	1.63	1.83	0.9	0.32
Gain (Loss) on Sale of Assets	-	0	0	0	-
Pretax Income	2.29	1.63	1.83	0.9	0.32
Income Tax Expense	0.34	0.24	0.27	0.13	0.04
Net Income	1.95	1.39	1.56	0.76	0.27
Net Income to Common	1.95	1.39	1.56	0.76	0.27
Net Income Growth	40.56%	-11.09%	103.71%	181.34%	-54.67%
Shares Outstanding (Basic)	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46
EPS (Basic)	0.04	0.03	0.03	0.02	0.01
EPS (Diluted)	0.04	0.03	0.03	0.02	0.01
EPS Growth	41.82%	-11.76%	107.32%	182.74%	-55.74%
Free Cash Flow	2.49	0.42	0.92	1.91	0.8
Free Cash Flow Per Share	0.05	0.01	0.02	0.04	0.02
Dividend Per Share	0.020	0.015	0.009	0.006	-
Dividend Growth	33.33%	64.83%	42.19%	-	-
Gross Margin	49.00%	45.17%	47.98%	44.30%	44.53%
Operating Margin	22.42%	18.44%	21.55%	15.20%	11.07%
Profit Margin	17.16%	13.48%	15.88%	9.72%	4.47%
Free Cash Flow Margin	21.97%	4.12%	9.36%	24.33%	13.22%
EBITDA	3.21	2.49	2.74	1.82	1.31
EBITDA Margin	28.33%	24.24%	27.92%	23.08%	21.50%
D&A For EBITDA	0.67	0.6	0.62	0.62	0.64
EBIT	2.54	1.89	2.12	1.2	0.67
EBIT Margin	22.42%	18.44%	21.55%	15.20%	11.07%
Effective Tax Rate	14.99%	15.01%	14.96%	14.94%	13.82%
Advertising Expenses	0.04	0.03	0.02	0.01	-

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