Oman Investment & Finance Co. SAOG (MSM: OIFC)

OIFC 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
Operating Revenue	15.71	18.02	17.99	18.54	17.71	16.14
Other Revenue	0.05	-	-	0.29	0.47	-
Revenue	15.77	18.02	17.99	18.83	18.18	16.14
Revenue Growth (YoY)	-13.32%	0.19%	-4.47%	3.59%	12.64%	9.30%
Cost of Revenue	10.06	10.63	10.6	15.29	15.11	9.83
Gross Profit	5.71	7.39	7.39	3.54	3.07	6.3
Selling, General & Admin	0.17	0.57	0.61	-	-	0.59
Other Operating Expenses	4.72	5.55	5.75	1.58	1.24	3.74
Operating Expenses	5.71	7.03	5.46	2.62	2.31	6.05
Operating Income	0	0.36	1.93	0.92	0.75	0.25
Interest Expense	-5.43	-5.17	-3.86	-3.25	-2.61	-2.13
Interest & Investment Income	1.07	0.88	0.85	0.39	0.11	0.12
Earnings From Equity Investments	13.55	9.86	4.97	4.55	3.02	5.35
Other Non Operating Income (Expenses)	-0.17	0.23	-0.13	0.59	0.72	-0.17
EBT Excluding Unusual Items	9.02	6.17	3.76	3.19	1.99	3.43
Impairment of Goodwill	-0.45	-0.45	-	-	-	-
Gain (Loss) on Sale of Assets	-0.04	-0.04	0	0.14	0	0.01
Asset Writedown	-	-	-0.05	-	-	-
Other Unusual Items	0.45	0.45	0.4	-	-	-
Pretax Income	8.98	6.12	4.12	3.34	1.99	3.45
Income Tax Expense	0.45	0.47	0.67	0.11	0.01	-0.02
Earnings From Continuing Operations	8.53	5.65	3.44	3.23	1.98	3.46
Minority Interest in Earnings	0.03	0.03	0.09	0.01	-0.01	0.05
Net Income	8.56	5.68	3.53	3.23	1.97	3.51
Net Income to Common	8.56	5.68	3.53	3.23	1.97	3.51
Net Income Growth	220.11%	60.91%	9.18%	63.95%	-43.87%	361.28%
Shares Outstanding (Basic)	243	258	261	261	224	221
Shares Outstanding (Diluted)	243	258	261	261	224	221
Shares Change (YoY)	-9.42%	-1.19%	-	16.70%	1.54%	-
EPS (Basic)	0.04	0.02	0.01	0.01	0.01	0.02
EPS (Diluted)	0.04	0.02	0.01	0.01	0.01	0.02
EPS Growth	252.30%	62.08%	9.18%	40.48%	-44.72%	361.35%
Free Cash Flow	4.7	0.25	4.22	0.28	2.46	3.45
Free Cash Flow Per Share	0.02	0.00	0.02	0.00	0.01	0.02
Dividend Per Share	0.003	0.003	0.003	0.007	0.003	0.007
Dividend Growth	3.57%	3.57%	-61.64%	170.37%	-63.01%	62.22%
Gross Margin	36.21%	40.99%	41.09%	18.82%	16.87%	39.06%
Operating Margin	0.00%	2.00%	10.74%	4.88%	4.14%	1.56%
Profit Margin	54.29%	31.52%	19.63%	17.17%	10.85%	21.77%
Free Cash Flow Margin	29.78%	1.39%	23.43%	1.50%	13.56%	21.36%
EBITDA	0.54	0.98	2.63	1.72	1.56	1.13
EBITDA Margin	3.43%	5.44%	14.63%	9.14%	8.59%	7.01%
D&A For EBITDA	0.54	0.62	0.7	0.8	0.81	0.88
EBIT	0	0.36	1.93	0.92	0.75	0.25
EBIT Margin	0.00%	2.00%	10.74%	4.88%	4.14%	1.56%
Effective Tax Rate	5.00%	7.71%	16.37%	3.28%	0.49%	-
Advertising Expenses	-	0.11	0.11	-	-	0.15

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