Sembcorp Salalah Power & Water Company SAOG (MSM:SSPW)

MSM:SSPW 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	83.94	82.52	79.18	74.18	72.23
Revenue Growth (YoY)	1.72%	4.22%	6.74%	2.70%	0.48%
Selling, General & Admin	-	0.39	0.31	0.37	0.27
Depreciation & Amortization	-	0.03	0.03	0.03	0.06
Provision for Bad Debts	-	-	-	-0.01	0.02
Other Operating Expenses	60.65	51.31	48.64	42.2	39.72
Total Operating Expenses	60.65	51.73	48.98	42.59	40.07
Operating Income	23.29	30.79	30.19	31.58	32.16
Interest Expense	-	-5.68	-7.41	-8.68	-10.56
Interest Income	-	1.51	1.48	0.33	0.1
Net Interest Expense	-	-4.17	-5.92	-8.34	-10.47
Other Non-Operating Income (Expenses)	-	-0.12	-0.11	-0.11	-0.15
EBT Excluding Unusual Items	23.29	26.5	24.16	23.13	21.54
Gain (Loss) on Sale of Assets	-	0	-	-0.04	0
Pretax Income	23.29	26.5	24.16	23.09	21.54
Income Tax Expense	-	4.03	3.63	3.47	3.24
Net Income	23.29	22.47	20.53	19.62	18.3
Net Income to Common	23.29	22.47	20.53	19.62	18.3
Net Income Growth	3.67%	9.47%	4.61%	7.21%	-0.12%
Shares Outstanding (Basic)	955	955	955	955	955
Shares Outstanding (Diluted)	955	955	955	955	955
EPS (Basic)	0.02	0.02	0.02	0.02	0.02
EPS (Diluted)	0.02	0.02	0.02	0.02	0.02
EPS Growth	3.83%	9.30%	4.60%	7.21%	-0.12%
Free Cash Flow	-	32.01	27.85	34.62	31.91
Free Cash Flow Per Share	-	0.03	0.03	0.04	0.03
Dividend Per Share	0.008	0.008	0.003	0.007	0.010
Dividend Growth	-	220.00%	-66.67%	-27.18%	25.61%
Profit Margin	27.75%	27.23%	25.92%	26.45%	25.34%
Free Cash Flow Margin	-	38.80%	35.17%	46.68%	44.17%
EBITDA	34.46	41.98	41.41	42.8	43.31
EBITDA Margin	41.05%	50.88%	52.30%	57.70%	59.97%
D&A For EBITDA	11.16	11.19	11.22	11.22	11.15
EBIT	23.29	30.79	30.19	31.58	32.16
EBIT Margin	27.75%	37.31%	38.13%	42.58%	44.52%
Effective Tax Rate	-	15.21%	15.03%	15.03%	15.05%

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