Muscat Gases Company SAOG (MSM:MGMC)

Muscat Gases Company SAOG 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	23.21	18.22	19.2	19.91	17.56	16.11
Revenue Growth (YoY)	26.81%	-5.09%	-3.61%	13.38%	9.00%	36.18%
Operations & Maintenance	0	0	0.01	0.02	0.02	0
Selling, General & Admin	0.4	0.4	0.29	0.24	0.26	0.24
Depreciation & Amortization	0.02	0.02	0.04	0.05	0.05	0.05
Other Operating Expenses	22.83	18.09	17.84	20.09	17.1	15.58
Total Operating Expenses	23.25	18.51	18.19	20.39	17.43	15.87
Operating Income	-0.04	-0.29	1.01	-0.48	0.13	0.25
Interest Expense	-0.05	-0.05	-0.06	-0.07	-0.08	-0.1
Interest Income	0.04	0.04	0.07	0.1	0.13	0.11
Net Interest Expense	-0.01	-0.01	0	0.02	0.04	0.01
Income (Loss) on Equity Investments	-	-	-	-	-	0.2
Other Non-Operating Income (Expenses)	2.17	0.01	-0.27	-0.11	-0	0.02
EBT Excluding Unusual Items	2.11	-0.3	0.75	-0.57	0.17	0.48
Gain (Loss) on Sale of Assets	-	-	0	-	-	-
Pretax Income	2.11	-0.3	0.75	-0.57	0.17	0.48
Income Tax Expense	0.28	-0.03	0.01	-0.04	0.04	0.06
Net Income	1.83	-0.27	0.74	-0.53	0.13	0.42
Net Income to Common	1.83	-0.27	0.74	-0.53	0.13	0.42
Net Income Growth	256.45%	-	-	-	-67.97%	6.70%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	0.06	-0.01	0.02	-0.02	0.00	0.01
EPS (Diluted)	0.06	-0.01	0.02	-0.02	0.00	0.01
EPS Growth	256.45%	-	-	-	-67.97%	6.70%
Free Cash Flow	-	-0.1	-0.45	0.11	-0.97	0.71
Free Cash Flow Per Share	-	-0.00	-0.01	0.00	-0.03	0.02
Dividend Per Share	-	-	-	-	-	0.015
Dividend Growth	-	-	-	-	-	-27.50%
Profit Margin	7.89%	-1.46%	3.85%	-2.65%	0.76%	2.58%
Free Cash Flow Margin	-	-0.54%	-2.37%	0.57%	-5.51%	4.42%
EBITDA	0.22	-0.02	1.29	-0.21	0.39	0.55
EBITDA Margin	0.96%	-0.09%	6.72%	-1.06%	2.20%	3.39%
D&A For EBITDA	0.27	0.27	0.28	0.27	0.25	0.3
EBIT	-0.04	-0.29	1.01	-0.48	0.13	0.25
EBIT Margin	-0.18%	-1.59%	5.25%	-2.42%	0.76%	1.53%
Effective Tax Rate	13.36%	-	1.15%	-	23.25%	13.43%

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