Baladna Q.P.S.C. (QSE: BLDN)

Baladna Q.P.S.C. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2018
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2018
Revenue	1,143	1,057	985.62	772.97	752.11	216.45
Revenue Growth (YoY)	8.91%	7.22%	27.51%	2.77%	247.47%	144.56%
Cost of Revenue	941.63	907.85	844.61	628.64	565.67	335.46
Gross Profit	201.52	148.91	141.01	144.32	186.44	-119
Selling, General & Admin	181.15	179.1	173.66	164.57	198	99.39
Other Operating Expenses	-113.32	-117.6	-117.63	-127.87	-158.58	-237.34
Operating Expenses	67.83	61.5	56.03	36.69	39.42	-137.95
Operating Income	133.7	87.41	84.98	107.63	147.01	18.95
Interest Expense	-53.2	-68.12	-59.99	-38.43	-38.18	-34.5
Interest & Investment Income	2.22	2.28	11.45	-	-	-
Currency Exchange Gain (Loss)	-3.33	-3.33	-0.18	2.32	0.09	-1.64
Other Non Operating Income (Expenses)	-	-	-0.1	-0.3	-0.3	-1.41
EBT Excluding Unusual Items	79.39	18.24	36.17	71.23	108.63	-18.6
Gain (Loss) on Sale of Investments	46.26	30.2	-23.25	10.83	-	-
Gain (Loss) on Sale of Assets	0.06	0.06	-0.19	0.03	-0.11	0.06
Asset Writedown	61.5	61.5	68.9	52.47	32.13	19.81
Other Unusual Items	-	-	-	-0.09	-	-
Pretax Income	187.2	110	81.63	134.46	140.64	1.27
Income Tax Expense	0.82	0.61	1.01	0.63	0.22	-
Earnings From Continuing Operations	186.38	109.39	80.61	133.84	140.43	1.27
Minority Interest in Earnings	-0.29	0.24	-	-	-	-
Net Income	186.09	109.63	80.61	133.84	140.43	1.27
Net Income to Common	186.09	109.63	80.61	133.84	140.43	1.27
Net Income Growth	107.80%	36.00%	-39.77%	-4.69%	10923.12%	-
Shares Outstanding (Basic)	1,901	1,901	1,901	1,901	1,858	-
Shares Outstanding (Diluted)	1,901	1,901	1,901	1,901	1,858	-
Shares Change (YoY)	-	-	-	2.33%	-	-
EPS (Basic)	0.10	0.06	0.04	0.07	0.08	-
EPS (Diluted)	0.10	0.06	0.04	0.07	0.08	-
EPS Growth	107.79%	36.00%	-39.77%	-6.86%	-	-
Free Cash Flow	9.8	-64.69	-332.02	-4.44	65.51	-888.8
Free Cash Flow Per Share	0.01	-0.03	-0.17	-0.00	0.04	-
Dividend Per Share	0.070	0.070	-	0.053	0.068	-
Dividend Growth	-	-	-	-22.41%	-	-
Gross Margin	17.63%	14.09%	14.31%	18.67%	24.79%	-54.98%
Operating Margin	11.70%	8.27%	8.62%	13.92%	19.55%	8.75%
Profit Margin	16.28%	10.37%	8.18%	17.31%	18.67%	0.59%
Free Cash Flow Margin	0.86%	-6.12%	-33.69%	-0.57%	8.71%	-410.62%
EBITDA	258.86	217.84	212.74	220.62	246.1	95.35
EBITDA Margin	22.64%	20.61%	21.58%	28.54%	32.72%	44.05%
D&A For EBITDA	125.16	130.42	127.76	112.99	99.09	76.4
EBIT	133.7	87.41	84.98	107.63	147.01	18.95
EBIT Margin	11.70%	8.27%	8.62%	13.92%	19.55%	8.75%
Effective Tax Rate	0.44%	0.55%	1.24%	0.47%	0.15%	-
Advertising Expenses	-	28.75	28.56	31.31	-	29.69

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