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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,145	1,057	985.62	772.97	752.11
Revenue Growth (YoY)	8.37%	7.22%	27.51%	2.77%	247.47%
Cost of Revenue	930.19	924.61	844.61	628.64	565.67
Gross Profit	215.04	132.15	141.01	144.32	186.44
Selling, General & Admin	165.3	162.34	173.66	164.57	198
Other Operating Expenses	-110.96	-117.6	-117.63	-127.87	-158.58
Operating Expenses	54.34	44.74	56.03	36.69	39.42
Operating Income	160.7	87.41	84.98	107.63	147.01
Interest Expense	-60.97	-68.12	-59.99	-38.43	-38.18
Interest & Investment Income	2.22	2.28	11.45	-	-
Currency Exchange Gain (Loss)	0.86	-3.33	-0.18	2.32	0.09
Other Non Operating Income (Expenses)	-	-	-0.1	-0.3	-0.3
EBT Excluding Unusual Items	102.82	18.24	36.17	71.23	108.63
Gain (Loss) on Sale of Investments	37.96	30.2	-23.25	10.83	-
Gain (Loss) on Sale of Assets	0.12	0.06	-0.19	0.03	-0.11
Asset Writedown	45.3	61.5	68.9	52.47	32.13
Other Unusual Items	-	-	-	-0.09	-
Pretax Income	186.19	110	81.63	134.46	140.64
Income Tax Expense	0.89	0.61	1.01	0.63	0.22
Earnings From Continuing Operations	185.3	109.39	80.61	133.84	140.43
Minority Interest in Earnings	-0.29	0.24	-	-	-
Net Income	185.01	109.63	80.61	133.84	140.43
Net Income to Common	185.01	109.63	80.61	133.84	140.43
Net Income Growth	68.76%	36.00%	-39.77%	-4.69%	10923.12%
Shares Outstanding (Basic)	2,001	2,001	2,001	2,001	1,956
Shares Outstanding (Diluted)	2,001	2,001	2,001	2,001	1,956
Shares Change (YoY)	-	-	-	2.33%	-
EPS (Basic)	0.09	0.05	0.04	0.07	0.07
EPS (Diluted)	0.09	0.05	0.04	0.07	0.07
EPS Growth	68.76%	36.00%	-39.77%	-6.86%	-
Free Cash Flow	76.44	-64.69	-332.02	-4.44	65.51
Free Cash Flow Per Share	0.04	-0.03	-0.17	-0.00	0.03
Dividend Per Share	-	0.066	-	0.050	0.065
Dividend Growth	-	-	-	-22.33%	-
Gross Margin	18.78%	12.50%	14.31%	18.67%	24.79%
Operating Margin	14.03%	8.27%	8.62%	13.92%	19.55%
Profit Margin	16.16%	10.37%	8.18%	17.32%	18.67%
Free Cash Flow Margin	6.67%	-6.12%	-33.69%	-0.57%	8.71%
EBITDA	284.39	217.84	212.74	220.62	246.1
EBITDA Margin	24.83%	20.61%	21.58%	28.54%	32.72%
D&A For EBITDA	123.69	130.42	127.76	112.99	99.09
EBIT	160.7	87.41	84.98	107.63	147.01
EBIT Margin	14.03%	8.27%	8.62%	13.92%	19.55%
Effective Tax Rate	0.48%	0.55%	1.24%	0.47%	0.15%
Advertising Expenses	31.04	28.75	28.56	31.31	-

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.