OQ Gas Networks SAOG Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	146.86	161.7	149.82	84.69	91.15
Other Revenue	-	-	-	0.34	0.2
Revenue	146.86	161.7	149.82	85.03	91.34
Revenue Growth (YoY)	-9.18%	7.93%	76.19%	-6.91%	-
Cost of Revenue	58.59	77.6	72.4	51.49	56.68
Gross Profit	88.27	84.1	77.42	33.54	34.66
Selling, General & Admin	13.45	11.36	7.96	16.33	9.6
Other Operating Expenses	-6.38	-1.87	-9.65	17.91	15.15
Operating Expenses	7.25	9.89	-1.94	34.24	24.75
Operating Income	81.03	74.22	79.36	-0.7	9.91
Interest Expense	-25.23	-21.81	-18.25	-14.41	-16.9
Interest & Investment Income	0.96	1.69	0.97	0.28	1.93
Currency Exchange Gain (Loss)	0.32	-	-0.09	-	-
Other Non Operating Income (Expenses)	-0.15	-	-	66.88	72.83
EBT Excluding Unusual Items	56.94	54.09	62	52.05	67.77
Merger & Restructuring Charges	-0.6	-0.42	-8.89	-	-
Gain (Loss) on Sale of Investments	-	8.77	-	-	-
Gain (Loss) on Sale of Assets	0.24	-	-	-	-
Asset Writedown	-	-	-	-0.31	-0.02
Pretax Income	56.58	62.44	53.1	51.74	67.75
Income Tax Expense	8.78	6.93	7.51	8.63	8.4
Net Income	47.8	55.51	45.6	43.11	59.35
Net Income to Common	47.8	55.51	45.6	43.11	59.35
Net Income Growth	-13.90%	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	-13.90%	21.75%	5.28%	-27.01%	-
Free Cash Flow	36.45	18.19	59.83	77.06	66.27
Free Cash Flow Per Share	0.01	0.00	0.01	0.02	0.01
Dividend Per Share	0.011	0.010	-	-	-
Dividend Growth	5.02%	-	-	-	-
Gross Margin	60.11%	52.01%	51.68%	39.45%	37.95%
Operating Margin	55.17%	45.90%	52.97%	-0.82%	10.85%
Profit Margin	32.54%	34.33%	30.44%	50.70%	64.98%
Free Cash Flow Margin	24.82%	11.25%	39.93%	90.63%	72.55%
EBITDA	81.2	74.37	79.42	-0.13	10.42
EBITDA Margin	55.29%	45.99%	53.01%	-0.15%	11.40%
D&A For EBITDA	0.17	0.15	0.06	0.57	0.51
EBIT	81.03	74.22	79.36	-0.7	9.91
EBIT Margin	55.17%	45.90%	52.97%	-0.82%	10.85%
Effective Tax Rate	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.