OQ Gas Networks SAOC Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	158.01	161.64	149.82	84.69	91.15
Other Revenue	-	-	-	0.34	0.2
Revenue	158.01	161.64	149.82	85.03	91.34
Revenue Growth (YoY)	0.26%	7.89%	76.19%	-6.91%	-
Cost of Revenue	64.74	77.88	72.4	51.49	56.68
Gross Profit	93.27	83.76	77.42	33.54	34.66
Selling, General & Admin	12.98	11.49	7.96	16.33	9.6
Other Operating Expenses	1.46	-0.19	-9.65	17.91	15.15
Operating Expenses	14.65	11.7	-1.94	34.24	24.75
Operating Income	78.62	72.06	79.36	-0.7	9.91
Interest Expense	-25.21	-21.81	-18.25	-14.41	-16.9
Interest & Investment Income	0.94	1.69	0.97	0.28	1.93
Currency Exchange Gain (Loss)	0.34	-	-0.09	-	-
Other Non Operating Income (Expenses)	-	-	-	66.88	72.83
EBT Excluding Unusual Items	54.69	51.93	62	52.05	67.77
Merger & Restructuring Charges	-	-	-8.89	-	-
Gain (Loss) on Sale of Investments	-	8.77	-	-	-
Gain (Loss) on Sale of Assets	2.45	1.74	-	-	-
Asset Writedown	-	-	-	-0.31	-0.02
Pretax Income	57.15	62.44	53.1	51.74	67.75
Income Tax Expense	8.37	6.93	7.51	8.63	8.4
Net Income	48.78	55.51	45.6	43.11	59.35
Net Income to Common	48.78	55.51	45.6	43.11	59.35
Net Income Growth	-12.67%	21.75%	5.77%	-27.37%	-
Shares Outstanding (Basic)	4,331	4,331	4,331	4,311	4,332
Shares Outstanding (Diluted)	4,331	4,331	4,331	4,311	4,332
Shares Change (YoY)	-	-	0.46%	-0.49%	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	-12.52%	21.75%	5.28%	-27.01%	-
Free Cash Flow	40.33	18.19	59.83	77.06	66.27
Free Cash Flow Per Share	0.01	0.00	0.01	0.02	0.02
Dividend Per Share	0.008	0.010	-	-	-
Gross Margin	59.03%	51.82%	51.68%	39.45%	37.95%
Operating Margin	49.76%	44.58%	52.97%	-0.82%	10.85%
Profit Margin	30.87%	34.34%	30.43%	50.70%	64.98%
Free Cash Flow Margin	25.52%	11.25%	39.93%	90.63%	72.55%
EBITDA	78.16	72.2	79.42	-0.13	10.42
EBITDA Margin	49.46%	44.67%	53.01%	-0.15%	11.40%
D&A For EBITDA	-0.47	0.15	0.06	0.57	0.51
EBIT	78.62	72.06	79.36	-0.7	9.91
EBIT Margin	49.76%	44.58%	52.97%	-0.82%	10.85%
Effective Tax Rate	14.64%	11.10%	14.14%	16.68%	12.40%
Revenue as Reported	-	-	-	157.49	166.1
Advertising Expenses	-	-	-	-	0

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