National Finance Company SAOG (MSM:NFCI)

MSM:NFCI 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	66.62	60.47	48.91	43.49	40.98	40.97
Total Interest Expense	30.55	29.08	23.06	17.99	16.93	17.86
Net Interest Income	36.07	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	38.88	34.2	28.36	28.12	24.05	26.06
Provision for Loan Losses	7.26	4.65	2.06	4.07	3.64	6.11
Revenue	31.62	29.55	26.3	24.05	20.42	19.95
Revenue Growth (YoY)	13.64%	12.35%	9.37%	17.81%	2.35%	4.55%
Salaries & Employee Benefits	11.1	10.49	9.03	7.76	7.72	7.98
Cost of Services Provided	1.99	1.84	1.62	1.97	1.25	1.3
Other Operating Expenses	1.67	1.76	1.66	1.59	-1.28	0.69
Total Operating Expenses	16.01	15.3	13.24	12.22	8.65	10.82
Operating Income	15.61	14.25	13.07	11.83	11.76	9.13
EBT Excluding Unusual Items	15.61	14.25	13.07	11.83	11.76	9.13
Pretax Income	15.62	14.25	13.07	11.92	11.76	9.13
Income Tax Expense	2.34	2.14	1.96	1.79	3.14	1.11
Net Income	13.28	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	10.56	10.75	10.38	8.68	7.17	6.56
Net Income Growth	14.89%	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)	-0.91%	-	-	-	-	-
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	-3.80%	4.02%	19.71%	22.41%	8.41%	-23.99%
Free Cash Flow	14.7	-26.02	23.07	6.05	4.97	35.62
Free Cash Flow Per Share	0.02	-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	49.38%	48.21%	49.68%	49.18%	57.62%	45.77%
Profit Margin	33.41%	36.39%	39.48%	36.08%	35.11%	32.88%
Free Cash Flow Margin	46.49%	-88.06%	87.70%	25.15%	24.36%	178.56%
Effective Tax Rate	15.00%	14.99%	15.02%	15.00%	26.71%	12.18%

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