OQ Gas Networks SAOG (MSM:OQGN)

OQ Gas Networks 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	161.55	146.86	161.7	149.82	84.69	91.15
Other Revenue	-	-	-	-	0.34	0.2
Revenue	161.55	146.86	161.7	149.82	85.03	91.34
Revenue Growth (YoY)	-0.75%	-9.18%	7.93%	76.19%	-6.91%	-
Cost of Revenue	72.16	58.59	77.6	72.4	51.49	56.68
Gross Profit	89.38	88.27	84.1	77.42	33.54	34.66
Selling, General & Admin	13.45	13.45	11.36	7.96	16.33	9.6
Other Operating Expenses	-6.31	-6.38	-1.87	-9.65	17.91	15.15
Operating Expenses	7.29	7.25	9.89	-1.94	34.24	24.75
Operating Income	82.09	81.03	74.22	79.36	-0.7	9.91
Interest Expense	-23.48	-25.23	-21.81	-18.25	-14.41	-16.9
Interest & Investment Income	0.97	0.96	1.69	0.97	0.28	1.93
Currency Exchange Gain (Loss)	-0.04	0.32	-	-0.09	-	-
Other Non Operating Income (Expenses)	-0.15	-0.15	-	-	66.88	72.83
EBT Excluding Unusual Items	59.4	56.94	54.09	62	52.05	67.77
Merger & Restructuring Charges	-0.6	-0.6	-0.42	-8.89	-	-
Gain (Loss) on Sale of Investments	-	-	8.77	-	-	-
Gain (Loss) on Sale of Assets	0.24	0.24	-	-	-	-
Asset Writedown	-	-	-	-	-0.31	-0.02
Pretax Income	53.76	56.58	62.44	53.1	51.74	67.75
Income Tax Expense	8.29	8.78	6.93	7.51	8.63	8.4
Net Income	45.48	47.8	55.51	45.6	43.11	59.35
Net Income to Common	45.48	47.8	55.51	45.6	43.11	59.35
Net Income Growth	-9.22%	-13.90%	21.75%	5.77%	-27.37%	-
Shares Outstanding (Basic)	4,329	4,331	4,331	4,331	4,311	4,332
Shares Outstanding (Diluted)	4,329	4,331	4,331	4,331	4,311	4,332
Shares Change (YoY)	-0.03%	-	-	0.46%	-0.49%	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	-6.29%	-13.90%	21.75%	5.28%	-27.01%	-
Free Cash Flow	41.08	36.45	18.19	59.83	77.06	66.27
Free Cash Flow Per Share	0.01	0.01	0.00	0.01	0.02	0.01
Dividend Per Share	0.011	0.011	0.010	-	-	-
Dividend Growth	26.90%	5.02%	-	-	-	-
Gross Margin	55.33%	60.11%	52.01%	51.68%	39.45%	37.95%
Operating Margin	50.82%	55.17%	45.90%	52.97%	-0.82%	10.85%
Profit Margin	28.15%	32.54%	34.33%	30.44%	50.70%	64.98%
Free Cash Flow Margin	25.43%	24.82%	11.25%	39.93%	90.63%	72.55%
EBITDA	82.24	81.2	74.37	79.42	-0.13	10.42
EBITDA Margin	50.91%	55.29%	45.99%	53.01%	-0.15%	11.40%
D&A For EBITDA	0.14	0.17	0.15	0.06	0.57	0.51
EBIT	82.09	81.03	74.22	79.36	-0.7	9.91
EBIT Margin	50.82%	55.17%	45.90%	52.97%	-0.82%	10.85%
Effective Tax Rate	15.41%	15.52%	11.10%	14.13%	16.68%	12.40%
Revenue as Reported	-	-	-	-	157.49	166.1
Advertising Expenses	-	-	-	-	-	0

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