Sharqiyah Desalination Company SAOG (MSM: SHRQ)

MSM: SHRQ 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	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	12.67	12.67	12.82	13.5	13.78	13.46
Revenue Growth (YoY)	-1.19%	-1.19%	-5.02%	-2.00%	2.35%	-2.97%
Selling, General & Admin	-	-	0.25	0.17	0.25	0.72
Depreciation & Amortization	-	-	0.06	0.09	0.07	-
Other Operating Expenses	12	12	9.06	9.68	9.6	8.25
Total Operating Expenses	12	12	9.37	9.94	9.92	8.97
Operating Income	0.67	0.67	3.45	3.56	3.86	4.49
Interest Expense	-	-	-3.28	-2.48	-2.6	-2.84
Interest Income	-	-	0.07	-	-	0
Net Interest Expense	-	-	-3.21	-2.48	-2.6	-2.84
Other Non-Operating Income (Expenses)	-	-	0.59	-0.06	-0.04	-0.06
EBT Excluding Unusual Items	0.67	0.67	0.83	1.02	1.23	1.58
Pretax Income	0.67	0.67	0.83	1.02	1.23	1.58
Income Tax Expense	0.07	0.07	0.15	0.11	0.28	0.24
Net Income	0.6	0.6	0.68	0.9	0.95	1.35
Net Income to Common	0.6	0.6	0.68	0.9	0.95	1.35
Net Income Growth	-12.29%	-12.29%	-24.73%	-5.09%	-29.38%	-28.78%
Shares Outstanding (Basic)	99	99	98	98	98	98
Shares Outstanding (Diluted)	99	99	98	98	98	98
Shares Change (YoY)	1.58%	1.58%	-	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	-13.64%	-13.64%	-24.74%	-5.09%	-29.38%	-28.78%
Free Cash Flow	-	-	4.75	4.55	4.5	-12.45
Free Cash Flow Per Share	-	-	0.05	0.05	0.05	-0.13
Dividend Per Share	-	-	0.015	0.015	0.015	0.014
Dividend Growth	-	-	0%	0.07%	8.86%	-17.79%
Profit Margin	4.70%	4.70%	5.30%	6.69%	6.91%	10.01%
Free Cash Flow Margin	-	-	37.00%	33.73%	32.64%	-92.51%
EBITDA	0.79	0.79	3.58	3.67	3.97	4.6
EBITDA Margin	6.27%	6.27%	27.91%	27.17%	28.80%	34.17%
D&A For EBITDA	0.12	0.12	0.12	0.11	0.11	0.11
EBIT	0.67	0.67	3.45	3.56	3.86	4.49
EBIT Margin	5.28%	5.28%	26.94%	26.34%	28.02%	33.38%
Effective Tax Rate	10.92%	10.92%	18.38%	11.19%	22.46%	15.00%

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