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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2018
Revenue	1,135	1,057	985.62	772.97	752.11	216.45
Revenue Growth (YoY)	11.43%	7.22%	27.51%	2.77%	247.47%	144.56%
Cost of Revenue	945.42	907.85	844.61	628.64	565.67	335.46
Gross Profit	189.31	148.91	141.01	144.32	186.44	-119
Selling, General & Admin	181.59	179.1	173.66	164.57	198	99.39
Other Operating Expenses	-114.53	-117.6	-117.63	-127.87	-158.58	-237.34
Operating Expenses	67.05	61.5	56.03	36.69	39.42	-137.95
Operating Income	122.26	87.41	84.98	107.63	147.01	18.95
Interest Expense	-51.79	-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	69.37	18.24	36.17	71.23	108.63	-18.6
Gain (Loss) on Sale of Investments	37.79	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	168.71	110	81.63	134.46	140.64	1.27
Income Tax Expense	0.78	0.61	1.01	0.63	0.22	-
Earnings From Continuing Operations	167.93	109.39	80.61	133.84	140.43	1.27
Minority Interest in Earnings	-0.18	0.24	-	-	-	-
Net Income	167.75	109.63	80.61	133.84	140.43	1.27
Net Income to Common	167.75	109.63	80.61	133.84	140.43	1.27
Net Income Growth	122.74%	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)	0.09	0.06	0.04	0.07	0.08	-
EPS (Diluted)	0.09	0.06	0.04	0.07	0.08	-
EPS Growth	122.74%	36.00%	-39.77%	-6.86%	-	-
Free Cash Flow	-40.46	-64.69	-332.02	-4.44	65.51	-888.8
Free Cash Flow Per Share	-0.02	-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	16.68%	14.09%	14.31%	18.67%	24.79%	-54.98%
Operating Margin	10.77%	8.27%	8.62%	13.92%	19.55%	8.75%
Profit Margin	14.78%	10.37%	8.18%	17.31%	18.67%	0.59%
Free Cash Flow Margin	-3.57%	-6.12%	-33.69%	-0.57%	8.71%	-410.62%
EBITDA	249.59	217.84	212.74	220.62	246.1	95.35
EBITDA Margin	22.00%	20.61%	21.58%	28.54%	32.72%	44.05%
D&A For EBITDA	127.33	130.42	127.76	112.99	99.09	76.4
EBIT	122.26	87.41	84.98	107.63	147.01	18.95
EBIT Margin	10.77%	8.27%	8.62%	13.92%	19.55%	8.75%
Effective Tax Rate	0.46%	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.