QSE:IGRD Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,643	4,216	2,919	4,237	2,747
Revenue Growth (YoY)	83.10%	44.44%	-31.11%	54.25%	-
Cost of Revenue	4,048	3,221	2,123	3,622	2,350
Gross Profit	1,595	995.67	795.8	615.2	397.27
Selling, General & Admin	711.7	506.22	431.24	253.9	162.44
Other Operating Expenses	-101.78	-96.76	-96.59	-57	-75.28
Operating Expenses	674.54	421.53	309.14	208.48	88.16
Operating Income	920.08	574.15	486.66	406.72	309.11
Interest Expense	-151.43	-137.66	-129.18	-67.5	-29.73
Earnings From Equity Investments	17.6	11.7	0.39	-	-
Other Non Operating Income (Expenses)	-59.31	-18.15	-0.79	-10.79	-
Pretax Income	670.42	430.03	357.08	328.42	279.38
Income Tax Expense	19.8	7.79	4.82	3.37	0.33
Earnings From Continuing Operations	650.62	422.24	352.27	325.05	279.05
Minority Interest in Earnings	20.03	-17.92	-4.51	13.13	-3.11
Net Income	670.65	404.32	347.75	338.18	275.94
Net Income to Common	670.65	404.32	347.75	338.18	275.94
Net Income Growth	81.66%	16.27%	2.83%	22.55%	-
Shares Outstanding (Basic)	3,744	3,744	3,744	3,492	2,831
Shares Outstanding (Diluted)	3,744	3,744	3,744	3,492	2,831
Shares Change (YoY)	-	-	7.23%	23.32%	-
EPS (Basic)	0.18	0.11	0.09	0.10	0.10
EPS (Diluted)	0.18	0.11	0.09	0.10	0.10
EPS Growth	81.66%	16.27%	-4.11%	-0.62%	-
Free Cash Flow	-921.23	-786.03	-101.5	-767.6	-544.48
Free Cash Flow Per Share	-0.25	-0.21	-0.03	-0.22	-0.19
Gross Margin	28.26%	23.61%	27.26%	14.52%	14.46%
Operating Margin	16.31%	13.62%	16.67%	9.60%	11.25%
Profit Margin	11.88%	9.59%	11.91%	7.98%	10.05%
Free Cash Flow Margin	-16.33%	-18.64%	-3.48%	-18.12%	-19.82%
EBITDA	1,073	711.18	623.54	506.17	364.32
EBITDA Margin	19.02%	16.87%	21.36%	11.95%	13.26%
D&A For EBITDA	153.33	137.03	136.87	99.46	55.21
EBIT	920.08	574.15	486.66	406.72	309.11
EBIT Margin	16.31%	13.62%	16.67%	9.60%	11.25%
Effective Tax Rate	2.95%	1.81%	1.35%	1.03%	0.12%

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