MHAR Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	740.46	683.16	570.94	136.16	141.09
Revenue Growth (YoY)	6.68%	19.65%	319.32%	-3.50%	-
Cost of Revenue	602.03	547.03	460.4	101.51	118.8
Gross Profit	138.42	136.12	110.54	34.64	22.29
Selling, General & Admin	118	119.4	95.67	31.7	30.62
Other Operating Expenses	-10.99	-6.19	-7.2	-2.31	-
Operating Expenses	112.67	118.37	92.57	30.64	34.85
Operating Income	25.76	17.76	17.96	4.01	-12.56
Interest Expense	-5.88	-5.58	-3.97	-2.43	-2.02
Interest & Investment Income	1.17	1.07	2.33	1.04	0.45
Earnings From Equity Investments	8.33	6.13	0.86	2.13	-3.56
Currency Exchange Gain (Loss)	0.38	-0.52	1.44	0.18	-0.56
Other Non Operating Income (Expenses)	0.1	-	-	-	2.71
EBT Excluding Unusual Items	29.86	18.86	18.62	4.92	-15.54
Impairment of Goodwill	-	-	-	-	-0.04
Gain (Loss) on Sale of Assets	3	3	0.59	0.43	3.48
Legal Settlements	-	-	-	-	1.4
Other Unusual Items	-	-	-	0.12	0.38
Pretax Income	32.86	21.86	19.2	5.47	-10.33
Income Tax Expense	1.1	0.4	-	-0.01	0.02
Earnings From Continuing Operations	31.76	21.46	19.2	5.48	-10.35
Minority Interest in Earnings	3.21	6.71	1.13	-1.24	2.34
Net Income	34.97	28.17	20.33	4.25	-8.01
Net Income to Common	34.97	28.17	20.33	4.25	-8.01
Net Income Growth	12.16%	38.53%	378.83%	-	-
Shares Outstanding (Basic)	208	207	153	10	-
Shares Outstanding (Diluted)	208	207	153	10	-
Shares Change (YoY)	-7.69%	35.27%	1430.27%	-	-
EPS (Basic)	0.17	0.14	0.13	0.42	-
EPS (Diluted)	0.17	0.14	0.13	0.42	-
EPS Growth	21.50%	2.41%	-68.71%	-	-
Free Cash Flow	-	20.68	13.8	1.42	17.98
Free Cash Flow Per Share	-	0.10	0.09	0.14	-
Dividend Per Share	-	0.100	-	-	-
Gross Margin	18.69%	19.93%	19.36%	25.44%	15.80%
Operating Margin	3.48%	2.60%	3.15%	2.94%	-8.90%
Profit Margin	4.72%	4.12%	3.56%	3.12%	-5.68%
Free Cash Flow Margin	-	3.03%	2.42%	1.05%	12.75%
EBITDA	39.74	31.16	30.61	10.55	-6.91
EBITDA Margin	5.37%	4.56%	5.36%	7.75%	-4.90%
D&A For EBITDA	13.98	13.41	12.64	6.54	5.65
EBIT	25.76	17.76	17.96	4.01	-12.56
EBIT Margin	3.48%	2.60%	3.15%	2.94%	-8.90%
Effective Tax Rate	3.33%	1.81%	-	-	-
Advertising Expenses	-	1.36	0.51	0.08	0.06

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