Phoenix Power Company SAOG (MSM:PHPC)

MSM:PHPC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	174.06	167.79	158.49	149.16	146.18
Revenue Growth (YoY)	3.74%	5.87%	6.26%	2.04%	7.94%
Selling, General & Admin	0.79	0.73	0.67	0.62	0.56
Depreciation & Amortization	0.04	0.04	0.03	0.01	0
Other Operating Expenses	134.73	130.26	120.28	111.83	111.34
Total Operating Expenses	135.56	131.04	120.97	112.46	111.9
Operating Income	38.5	36.75	37.52	36.7	34.28
Interest Expense	-8	-10.12	-11.9	-13.15	-14.59
Interest Income	0.54	0.79	0.59	0.25	0.01
Net Interest Expense	-7.46	-9.33	-11.31	-12.91	-14.58
Currency Exchange Gain (Loss)	-0.05	-0.09	-0.1	-	-0.02
Other Non-Operating Income (Expenses)	-0.37	-0.33	-0.31	-0.37	-0.36
EBT Excluding Unusual Items	30.63	27	25.8	23.43	19.31
Pretax Income	30.63	27	25.8	23.43	19.31
Income Tax Expense	4.6	4	3.88	3.07	2.45
Net Income	26.02	23	21.92	20.36	16.86
Net Income to Common	26.02	23	21.92	20.36	16.86
Net Income Growth	13.14%	4.91%	7.67%	20.76%	2.91%
Shares Outstanding (Basic)	1,463	1,463	1,463	1,463	1,463
Shares Outstanding (Diluted)	1,463	1,463	1,463	1,463	1,463
EPS (Basic)	0.02	0.02	0.01	0.01	0.01
EPS (Diluted)	0.02	0.02	0.01	0.01	0.01
EPS Growth	13.15%	4.90%	7.67%	26.55%	-
Free Cash Flow	42.08	44.78	41.74	47.88	40.27
Free Cash Flow Per Share	0.03	0.03	0.03	0.03	0.03
Dividend Per Share	-	0.005	0.005	0.005	0.004
Dividend Growth	-	4.76%	-	16.67%	8.43%
Profit Margin	14.95%	13.71%	13.83%	13.65%	11.54%
Free Cash Flow Margin	24.17%	26.69%	26.33%	32.10%	27.55%
EBITDA	54.38	52.63	53.39	52.57	50.14
EBITDA Margin	31.24%	31.37%	33.69%	35.24%	34.30%
D&A For EBITDA	15.88	15.88	15.88	15.87	15.86
EBIT	38.5	36.75	37.52	36.7	34.28
EBIT Margin	22.12%	21.90%	23.67%	24.61%	23.45%
Effective Tax Rate	15.03%	14.82%	15.02%	13.08%	12.69%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.