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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,161	4,216	2,919	4,237	2,747
Revenue Growth (YoY)	69.01%	44.44%	-31.11%	54.25%	-
Cost of Revenue	4,276	3,221	2,123	3,622	2,350
Gross Profit	1,885	995.67	795.8	615.2	397.27
Selling, General & Admin	721.25	506.22	431.24	253.9	162.44
Other Operating Expenses	-93.68	-96.76	-96.59	-57	-75.28
Operating Expenses	787.96	421.53	309.14	208.48	88.16
Operating Income	1,097	574.15	486.66	406.72	309.11
Interest Expense	-153.57	-137.66	-129.18	-67.5	-29.73
Earnings From Equity Investments	16.51	11.7	0.39	-	-
Other Non Operating Income (Expenses)	-70.49	-18.15	-0.79	-10.79	-
Pretax Income	799.18	430.03	357.08	328.42	279.38
Income Tax Expense	27.07	7.79	4.82	3.37	0.33
Earnings From Continuing Operations	772.12	422.24	352.27	325.05	279.05
Minority Interest in Earnings	24.16	-17.92	-4.51	13.13	-3.11
Net Income	796.28	404.32	347.75	338.18	275.94
Net Income to Common	796.28	404.32	347.75	338.18	275.94
Net Income Growth	109.07%	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)	0.21	0.11	0.09	0.10	0.10
EPS (Diluted)	0.21	0.11	0.09	0.10	0.10
EPS Growth	109.07%	16.27%	-4.11%	-0.62%	-
Free Cash Flow	-480.55	-786.03	-101.5	-767.6	-544.48
Free Cash Flow Per Share	-0.13	-0.21	-0.03	-0.22	-0.19
Gross Margin	30.60%	23.61%	27.26%	14.52%	14.46%
Operating Margin	17.81%	13.62%	16.67%	9.60%	11.25%
Profit Margin	12.92%	9.59%	11.91%	7.98%	10.05%
Free Cash Flow Margin	-7.80%	-18.64%	-3.48%	-18.12%	-19.82%
EBITDA	1,256	711.18	623.54	506.17	364.32
EBITDA Margin	20.38%	16.87%	21.36%	11.95%	13.26%
D&A For EBITDA	158.69	137.03	136.87	99.46	55.21
EBIT	1,097	574.15	486.66	406.72	309.11
EBIT Margin	17.81%	13.62%	16.67%	9.60%	11.25%
Effective Tax Rate	3.39%	1.81%	1.35%	1.03%	0.12%

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