MSM:NFCI Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	69.45	60.47	48.91	43.49	40.98	40.97
Total Interest Expense	31.06	29.08	23.06	17.99	16.93	17.86
Net Interest Income	38.39	31.39	25.85	25.5	24.05	23.11
Other Revenue	2.81	2.81	2.52	2.63	-	2.95
Revenue Before Loan Losses	41.2	34.2	28.36	28.12	24.05	26.06
Provision for Loan Losses	7.84	4.65	2.06	4.07	3.64	6.11
Revenue	33.37	29.55	26.3	24.05	20.42	19.95
Revenue Growth (YoY)	16.46%	12.35%	9.37%	17.81%	2.35%	4.55%
Salaries & Employee Benefits	11.64	10.49	9.03	7.76	7.72	7.98
Cost of Services Provided	2.15	1.84	1.62	1.97	1.25	1.3
Other Operating Expenses	1.45	1.76	1.66	1.59	-1.28	0.69
Total Operating Expenses	16.47	15.3	13.24	12.22	8.65	10.82
Operating Income	16.9	14.25	13.07	11.83	11.76	9.13
EBT Excluding Unusual Items	16.9	14.25	13.07	11.83	11.76	9.13
Pretax Income	16.9	14.25	13.07	11.92	11.76	9.13
Income Tax Expense	2.53	2.14	1.96	1.79	3.14	1.11
Net Income	14.37	12.11	11.11	10.13	8.62	8.02
Preferred Dividends & Other Adjustments	2.71	1.36	0.72	1.46	1.46	1.46
Net Income to Common	11.66	10.75	10.38	8.68	7.17	6.56
Net Income Growth	21.21%	9.08%	9.59%	17.54%	7.52%	-19.95%
Shares Outstanding (Basic)	608	608	608	608	608	608
Shares Outstanding (Diluted)	608	608	608	608	608	608
Shares Change (YoY)	-1.36%	-	-	-	-	-
EPS (Basic)	0.02	0.02	0.02	0.01	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01	0.01
EPS Growth	3.84%	4.02%	19.71%	22.41%	8.41%	-23.99%
Free Cash Flow	14.93	-26.02	23.07	6.05	4.97	35.62
Free Cash Flow Per Share	0.03	-0.04	0.04	0.01	0.01	0.06
Dividend Per Share	0.012	0.012	0.009	0.007	0.007	0.005
Dividend Growth	30.77%	30.77%	28.17%	-	33.96%	-46.47%
Operating Margin	50.64%	48.21%	49.68%	49.18%	57.62%	45.77%
Profit Margin	34.93%	36.39%	39.48%	36.08%	35.11%	32.88%
Free Cash Flow Margin	44.75%	-88.06%	87.70%	25.15%	24.36%	178.56%
Effective Tax Rate	14.99%	14.99%	15.02%	15.00%	26.71%	12.18%

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