Omani Qatari Telecommunications Company SAOG (MSM: ORDS)

ORDS 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	254.63	259.12	261.63	245.55	264.99	285.51
Other Revenue	0.17	0.14	0.06	0.23	0.09	-
Revenue	254.81	259.26	261.69	245.78	265.08	285.51
Revenue Growth (YoY)	-1.14%	-0.93%	6.47%	-7.28%	-7.16%	0.67%
Cost of Revenue	141.33	140.45	131.79	144.83	153.35	110.31
Gross Profit	113.48	118.81	129.89	100.95	111.73	175.21
Selling, General & Admin	29.34	29.34	30.97	3.6	3.33	56.83
Other Operating Expenses	-	-	-	-	3.42	-
Operating Expenses	99.52	103.3	104.58	77.6	82.02	128.4
Operating Income	13.96	15.51	25.31	23.35	29.71	46.81
Interest Expense	-3.28	-3.49	-3.44	-3.65	-3.48	-3.27
Interest & Investment Income	0.01	0.01	0.01	0.01	0.12	0.63
Currency Exchange Gain (Loss)	-0.02	-0.02	-0	-0.01	-	-
Other Non Operating Income (Expenses)	0.72	0.68	0.58	-0.38	-0.86	-0.37
EBT Excluding Unusual Items	11.39	12.68	22.46	19.33	25.48	43.8
Gain (Loss) on Sale of Investments	0.48	-	-	-3.15	-	-3.12
Asset Writedown	0.17	0.04	0.3	-0.96	-	-
Pretax Income	12.04	12.72	22.76	15.22	25.48	40.68
Income Tax Expense	1.84	1.96	3.58	2.57	4.23	6.73
Earnings From Continuing Operations	10.21	10.76	19.17	12.65	21.26	33.95
Minority Interest in Earnings	-0.09	-0.07	-0.07	0.06	0.24	0.17
Net Income	10.11	10.69	19.1	12.71	21.5	34.12
Net Income to Common	10.11	10.69	19.1	12.71	21.5	34.12
Net Income Growth	-20.89%	-44.02%	50.28%	-40.87%	-36.99%	-18.72%
Shares Outstanding (Basic)	651	651	651	651	651	651
Shares Outstanding (Diluted)	651	651	651	651	651	651
EPS (Basic)	0.02	0.02	0.03	0.02	0.03	0.05
EPS (Diluted)	0.02	0.02	0.03	0.02	0.03	0.05
EPS Growth	-20.89%	-44.02%	50.28%	-40.87%	-36.99%	-18.72%
Free Cash Flow	42.57	29.07	50.35	22.41	31.24	43.94
Free Cash Flow Per Share	0.07	0.04	0.08	0.03	0.05	0.07
Dividend Per Share	0.015	0.015	0.020	0.018	0.025	0.040
Dividend Growth	-26.50%	-26.50%	11.11%	-28.00%	-37.50%	-11.11%
Gross Margin	44.53%	45.83%	49.64%	41.07%	42.15%	61.37%
Operating Margin	5.48%	5.98%	9.67%	9.50%	11.21%	16.40%
Profit Margin	3.97%	4.12%	7.30%	5.17%	8.11%	11.95%
Free Cash Flow Margin	16.71%	11.21%	19.24%	9.12%	11.78%	15.39%
EBITDA	60.41	74.56	84.17	85.94	95.12	110.85
EBITDA Margin	23.71%	28.76%	32.16%	34.96%	35.88%	38.82%
D&A For EBITDA	46.44	59.05	58.86	62.59	65.41	64.04
EBIT	13.96	15.51	25.31	23.35	29.71	46.81
EBIT Margin	5.48%	5.98%	9.67%	9.50%	11.21%	16.39%
Effective Tax Rate	15.26%	15.41%	15.75%	16.86%	16.58%	16.54%

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