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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	712.38	683.16	570.94	136.16	141.09
Revenue Growth (YoY)	6.96%	19.65%	319.32%	-3.50%	-
Cost of Revenue	570.89	547.03	460.4	101.51	118.8
Gross Profit	141.48	136.12	110.54	34.64	22.29
Selling, General & Admin	119.86	119.4	95.67	31.7	30.62
Other Operating Expenses	-10.64	-6.19	-7.2	-2.31	-
Operating Expenses	114.56	118.37	92.57	30.64	34.85
Operating Income	26.92	17.76	17.96	4.01	-12.56
Interest Expense	-5.13	-5.58	-3.97	-2.43	-2.02
Interest & Investment Income	1.07	1.07	2.33	1.04	0.45
Earnings From Equity Investments	8.37	6.13	0.86	2.13	-3.56
Currency Exchange Gain (Loss)	-1.26	-0.52	1.44	0.18	-0.56
Other Non Operating Income (Expenses)	-	-	-	-	2.71
EBT Excluding Unusual Items	29.97	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	32.96	21.86	19.2	5.47	-10.33
Income Tax Expense	0.48	0.4	-	-0.01	0.02
Earnings From Continuing Operations	32.49	21.46	19.2	5.48	-10.35
Minority Interest in Earnings	3.75	6.71	1.13	-1.24	2.34
Net Income	36.24	28.17	20.33	4.25	-8.01
Net Income to Common	36.24	28.17	20.33	4.25	-8.01
Net Income Growth	61.32%	38.53%	378.83%	-	-
Shares Outstanding (Basic)	207	207	153	10	-
Shares Outstanding (Diluted)	207	207	153	10	-
Shares Change (YoY)	-0.22%	35.27%	1430.27%	-	-
EPS (Basic)	0.18	0.14	0.13	0.42	-
EPS (Diluted)	0.18	0.14	0.13	0.42	-
EPS Growth	61.67%	2.41%	-68.71%	-	-
Free Cash Flow	19.85	20.68	13.8	1.42	17.98
Free Cash Flow Per Share	0.10	0.10	0.09	0.14	-
Dividend Per Share	0.100	0.100	-	-	-
Gross Margin	19.86%	19.93%	19.36%	25.44%	15.80%
Operating Margin	3.78%	2.60%	3.15%	2.94%	-8.90%
Profit Margin	5.09%	4.12%	3.56%	3.12%	-5.68%
Free Cash Flow Margin	2.79%	3.03%	2.42%	1.05%	12.75%
EBITDA	41	31.16	30.61	10.55	-6.91
EBITDA Margin	5.76%	4.56%	5.36%	7.75%	-4.90%
D&A For EBITDA	14.08	13.41	12.64	6.54	5.65
EBIT	26.92	17.76	17.96	4.01	-12.56
EBIT Margin	3.78%	2.60%	3.15%	2.94%	-8.90%
Effective Tax Rate	1.44%	1.81%	-	-	-
Advertising Expenses	-	1.36	0.51	0.08	0.06

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