Oman Telecommunications Company SAOG (MSM:OTEL)

MSM:OTEL 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
Revenue	3,170	3,030	2,943	2,683	2,408	2,511
Revenue Growth (YoY)	6.63%	2.97%	9.69%	11.40%	-4.09%	-3.13%
Cost of Revenue	1,098	1,050	1,016	1,196	1,001	939.09
Gross Profit	2,072	1,980	1,926	1,487	1,408	1,572
Selling, General & Admin	933.74	884.05	839.53	441.51	431.54	484.5
Operating Expenses	1,571	1,522	1,436	1,039	1,030	1,157
Operating Income	501.01	458.17	490.54	447.32	377.65	414.61
Interest Expense	-194.26	-194.94	-196.8	-157.35	-138.6	-161.14
Interest & Investment Income	45.22	23.41	35.5	15.17	10.68	10.92
Earnings From Equity Investments	29.81	7.55	4.37	5.47	4.4	1.41
Currency Exchange Gain (Loss)	14.45	14.45	7.64	-	-	-
Other Non Operating Income (Expenses)	-34.92	-3.37	-45.17	-4.55	-3.66	-5.21
EBT Excluding Unusual Items	361.31	305.26	296.08	306.04	250.46	260.6
Gain (Loss) on Sale of Assets	1.66	1.66	70.77	-	-	-
Asset Writedown	-14.35	-12.93	-16.67	-34.46	-	-
Other Unusual Items	42.56	42.56	-	-	0.39	6.32
Pretax Income	391.17	336.55	350.18	271.58	250.85	266.92
Income Tax Expense	34.38	30.64	34.69	20.69	34.13	38.12
Earnings From Continuing Operations	356.79	305.91	315.48	250.89	216.73	228.79
Earnings From Discontinued Operations	0.89	0.89	-	28.03	16.88	0.21
Net Income to Company	357.69	306.8	315.48	278.92	233.6	229.01
Minority Interest in Earnings	-272.52	-228.75	-240.69	-187.61	-166.55	-162.09
Net Income	85.17	78.05	74.79	91.32	67.05	66.91
Net Income to Common	85.17	78.05	74.79	91.32	67.05	66.91
Net Income Growth	39.57%	4.36%	-18.09%	36.19%	0.20%	-13.89%
Shares Outstanding (Basic)	749	749	750	750	750	750
Shares Outstanding (Diluted)	749	749	750	750	750	750
Shares Change (YoY)	-0.15%	-0.15%	-	-	-	-
EPS (Basic)	0.11	0.10	0.10	0.12	0.09	0.09
EPS (Diluted)	0.11	0.10	0.10	0.12	0.09	0.09
EPS Growth	39.93%	4.51%	-17.84%	36.37%	-0.24%	-13.89%
Free Cash Flow	566.18	394.79	515.47	466.33	371.28	494.46
Free Cash Flow Per Share	0.76	0.53	0.69	0.62	0.49	0.66
Dividend Per Share	0.055	0.055	0.060	0.055	0.055	0.055
Dividend Growth	-	-8.33%	9.09%	-	-	-
Gross Margin	65.36%	65.35%	65.46%	55.42%	58.45%	62.60%
Operating Margin	15.80%	15.12%	16.67%	16.67%	15.68%	16.51%
Profit Margin	2.69%	2.58%	2.54%	3.40%	2.78%	2.67%
Free Cash Flow Margin	17.86%	13.03%	17.52%	17.38%	15.42%	19.69%
EBITDA	1,003	965.29	986.7	951.12	970.25	958.27
EBITDA Margin	31.64%	31.86%	33.53%	35.45%	40.29%	38.16%
D&A For EBITDA	501.89	507.12	496.16	503.8	592.6	543.66
EBIT	501.01	458.17	490.54	447.32	377.65	414.61
EBIT Margin	15.80%	15.12%	16.67%	16.67%	15.68%	16.51%
Effective Tax Rate	8.79%	9.11%	9.91%	7.62%	13.60%	14.28%

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