Oman National Engineering & Investment Company SAOG (MSM: ONES)

ONES 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	57.93	52.53	61.01	60.17	58.38	54.43
Other Revenue	-	-	-	0.61	0.15	-
Revenue	57.93	52.53	61.01	60.78	58.53	54.43
Revenue Growth (YoY)	11.40%	-13.90%	0.38%	3.85%	7.52%	36.02%
Cost of Revenue	31.55	29.66	38.41	38.65	38.45	47.53
Gross Profit	26.39	22.87	22.61	22.13	20.08	6.91
Selling, General & Admin	17.66	14.65	14.63	15.71	15.29	2.65
Other Operating Expenses	2.16	2.03	2.16	0.72	0.49	-0.66
Operating Expenses	21.29	18.13	18.33	18.1	17.45	3.4
Operating Income	5.1	4.75	4.28	4.03	2.63	3.5
Interest Expense	-2.9	-2.45	-2.53	-2.48	-2.29	-1.55
Interest & Investment Income	0.43	0.37	0.13	0.14	0.09	0.29
Currency Exchange Gain (Loss)	-0	-0.02	0.04	-0.02	-	0.1
Other Non Operating Income (Expenses)	0.21	0.12	0.51	0	-	-
EBT Excluding Unusual Items	2.82	2.76	2.43	1.66	0.43	2.34
Gain (Loss) on Sale of Assets	0.04	0.14	0.18	0.24	0.03	0.02
Pretax Income	2.86	2.9	2.6	1.9	0.46	2.36
Income Tax Expense	0.41	0.4	0.37	0.42	0.08	0.35
Earnings From Continuing Operations	2.45	2.5	2.24	1.48	0.39	2.01
Minority Interest in Earnings	-0.07	-0.11	-0.07	-0.05	0.07	-
Net Income	2.38	2.39	2.17	1.43	0.45	2.01
Net Income to Common	2.38	2.39	2.17	1.43	0.45	2.01
Net Income Growth	4.77%	10.12%	52.08%	213.75%	-77.44%	32.63%
Shares Outstanding (Basic)	150	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150	150
Shares Change (YoY)	5.66%	-	0.00%	0.00%	0.00%	0.00%
EPS (Basic)	0.02	0.02	0.01	0.01	0.00	0.01
EPS (Diluted)	0.02	0.02	0.01	0.01	0.00	0.01
EPS Growth	0.78%	13.67%	50.54%	207.13%	-77.45%	32.64%
Free Cash Flow	4.77	-1.68	1	1.22	-9.21	-2.75
Free Cash Flow Per Share	0.03	-0.01	0.01	0.01	-0.06	-0.02
Dividend Per Share	0.010	0.010	0.005	0.004	-	0.004
Dividend Growth	112.77%	112.77%	6.82%	-	-	-49.32%
Gross Margin	45.55%	43.54%	37.05%	36.41%	34.31%	12.69%
Operating Margin	8.80%	9.03%	7.01%	6.63%	4.49%	6.44%
Profit Margin	4.10%	4.54%	3.55%	2.35%	0.78%	3.70%
Free Cash Flow Margin	8.23%	-3.21%	1.63%	2.01%	-15.73%	-5.06%
EBITDA	6.57	6.2	5.81	5.7	4.3	4.91
EBITDA Margin	11.33%	11.79%	9.52%	9.37%	7.35%	9.02%
D&A For EBITDA	1.47	1.45	1.53	1.67	1.67	1.41
EBIT	5.1	4.75	4.28	4.03	2.63	3.5
EBIT Margin	8.80%	9.03%	7.01%	6.63%	4.49%	6.44%
Effective Tax Rate	14.28%	13.81%	14.17%	22.27%	16.45%	14.63%
Revenue as Reported	-	-	-	-	-	55.18

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