Sharqiyah Desalination Company SAOG (MSM:SHRQ)

MSM:SHRQ 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	10.83	12.67	12.82	13.5	13.78
Revenue Growth (YoY)	-14.54%	-1.19%	-5.02%	-2.00%	2.35%
Selling, General & Admin	0.66	0.32	0.29	0.17	0.25
Depreciation & Amortization	-	0.03	0.06	0.09	0.07
Other Operating Expenses	7.32	9.16	9.01	9.68	9.6
Total Operating Expenses	7.97	9.51	9.37	9.94	9.92
Operating Income	2.86	3.16	3.45	3.56	3.86
Interest Expense	-2.27	-2.57	-2.71	-2.48	-2.6
Interest Income	-	0.09	0.07	-	-
Net Interest Expense	-2.27	-2.48	-2.64	-2.48	-2.6
Other Non-Operating Income (Expenses)	-	-0.02	-0.02	-0.06	-0.04
EBT Excluding Unusual Items	0.59	0.67	0.79	1.02	1.23
Other Unusual Items	-	-	0.04	-	-
Pretax Income	0.59	0.67	0.83	1.02	1.23
Income Tax Expense	0.09	0.07	0.15	0.11	0.28
Net Income	0.5	0.6	0.68	0.9	0.95
Net Income to Common	0.5	0.6	0.68	0.9	0.95
Net Income Growth	-15.72%	-12.29%	-24.73%	-5.09%	-29.38%
Shares Outstanding (Basic)	98	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98	98
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	-15.72%	-12.29%	-24.74%	-5.09%	-29.38%
Free Cash Flow	-	5.16	4.65	4.55	4.5
Free Cash Flow Per Share	-	0.05	0.05	0.05	0.05
Dividend Per Share	-	0.015	0.015	0.015	0.015
Dividend Growth	-	-	-	0.07%	8.86%
Profit Margin	4.64%	4.71%	5.30%	6.69%	6.91%
Free Cash Flow Margin	-	40.74%	36.29%	33.73%	32.64%
EBITDA	2.99	3.29	3.58	3.67	3.97
EBITDA Margin	27.58%	25.94%	27.91%	27.18%	28.80%
D&A For EBITDA	0.13	0.12	0.12	0.11	0.11
EBIT	2.86	3.16	3.45	3.56	3.86
EBIT Margin	26.39%	24.96%	26.94%	26.34%	28.02%
Effective Tax Rate	15.11%	10.92%	18.38%	11.19%	22.46%

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