Gulf Mushroom Products Co. SAOG (MSM: GMPI)

MSM: GMPI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10.9	10.27	9.81	7.87	6.09	7.52
Revenue Growth (YoY)	6.32%	4.71%	24.71%	29.27%	-19.08%	-1.00%
Cost of Revenue	5.81	5.63	5.1	4.38	3.38	3.88
Gross Profit	5.09	4.64	4.71	3.49	2.71	3.64
Selling, General & Admin	2.86	2.78	2.62	2.32	2.06	1.9
Other Operating Expenses	-0.02	-0.04	-0.02	-0.03	-0.02	-
Operating Expenses	2.83	2.75	2.59	2.29	2.04	2.61
Operating Income	2.26	1.89	2.12	1.2	0.67	1.03
Interest Expense	-0.26	-0.26	-0.27	-0.3	-0.36	-0.35
Currency Exchange Gain (Loss)	-0	-	-	0.01	-0	0.01
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.02	-0.01	-	0.03
EBT Excluding Unusual Items	1.99	1.63	1.83	0.9	0.32	0.71
Gain (Loss) on Sale of Assets	0	0	0	0	-	-
Pretax Income	1.99	1.63	1.83	0.9	0.32	0.71
Income Tax Expense	0.3	0.24	0.27	0.13	0.04	0.11
Net Income	1.7	1.39	1.56	0.76	0.27	0.6
Net Income to Common	1.7	1.39	1.56	0.76	0.27	0.6
Net Income Growth	14.57%	-11.09%	103.71%	181.34%	-54.68%	52.98%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46	46
Shares Change (YoY)	-	-	-	-	-0.00%	-
EPS (Basic)	0.04	0.03	0.03	0.02	0.01	0.01
EPS (Diluted)	0.04	0.03	0.03	0.02	0.01	0.01
EPS Growth	13.89%	-11.76%	107.32%	182.74%	-55.74%	52.97%
Free Cash Flow	2.08	0.42	0.92	1.91	0.8	1.9
Free Cash Flow Per Share	0.05	0.01	0.02	0.04	0.02	0.04
Dividend Per Share	0.015	0.015	0.009	0.006	-	0.004
Dividend Growth	64.84%	64.84%	42.19%	-	-	0%
Gross Margin	46.72%	45.18%	47.98%	44.31%	44.53%	48.36%
Operating Margin	20.72%	18.44%	21.55%	15.20%	11.07%	13.69%
Profit Margin	15.56%	13.48%	15.88%	9.72%	4.47%	7.97%
Free Cash Flow Margin	19.10%	4.12%	9.36%	24.33%	13.22%	25.31%
EBITDA	2.93	2.49	2.74	1.82	1.31	1.73
EBITDA Margin	26.88%	24.24%	27.92%	23.08%	21.50%	23.03%
D&A For EBITDA	0.67	0.6	0.62	0.62	0.64	0.7
EBIT	2.26	1.89	2.12	1.2	0.67	1.03
EBIT Margin	20.72%	18.44%	21.55%	15.20%	11.07%	13.69%
Effective Tax Rate	15.00%	15.01%	14.96%	14.94%	13.82%	15.55%
Advertising Expenses	-	0.03	0.02	0.01	-	0.01

Source: S&P Capital IQ. Standard template. Financial Sources.