QSE:MHAR 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	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	881.55	800.45	683.16	570.94	136.16	141.09
Revenue Growth (YoY)	27.47%	17.17%	19.66%	319.32%	-3.50%	-
Cost of Revenue	733	660.72	547.03	460.4	101.51	118.8
Gross Profit	148.56	139.73	136.12	110.54	34.64	22.29
Selling, General & Admin	119.53	115.81	119.4	95.67	31.7	30.62
Other Operating Expenses	-11.86	-11.72	-6.19	-7.2	-2.31	-
Operating Expenses	113.08	109.42	118.37	92.57	30.64	34.85
Operating Income	35.47	30.31	17.76	17.96	4.01	-12.56
Interest Expense	-5.72	-5.76	-5.58	-3.97	-2.43	-2.02
Interest & Investment Income	0.88	0.88	1.07	2.33	1.04	0.45
Earnings From Equity Investments	12.81	11.7	6.13	0.86	2.13	-3.56
Currency Exchange Gain (Loss)	-0.64	-1.27	-0.52	1.44	0.18	-0.56
Other Non Operating Income (Expenses)	-	-	-	-	-	2.71
EBT Excluding Unusual Items	42.8	35.87	18.86	18.62	4.92	-15.54
Impairment of Goodwill	-	-	-	-	-	-0.04
Gain (Loss) on Sale of Assets	0.88	0.88	3	0.59	0.43	3.48
Legal Settlements	-	-	-	-	-	1.4
Other Unusual Items	-	-	-	-	0.12	0.38
Pretax Income	43.68	36.74	21.86	19.2	5.47	-10.33
Income Tax Expense	1.85	1.56	0.4	-	-0.01	0.02
Earnings From Continuing Operations	41.83	35.18	21.46	19.2	5.48	-10.35
Minority Interest in Earnings	1.69	2.89	6.71	1.13	-1.24	2.34
Net Income	43.52	38.08	28.17	20.33	4.25	-8.01
Net Income to Common	43.52	38.08	28.17	20.33	4.25	-8.01
Net Income Growth	48.70%	35.20%	38.53%	378.83%	-	-
Shares Outstanding (Basic)	203	207	207	153	10	-
Shares Outstanding (Diluted)	203	207	207	153	10	-
Shares Change (YoY)	-2.37%	-	35.27%	1430.27%	-	-
EPS (Basic)	0.21	0.18	0.14	0.13	0.42	-
EPS (Diluted)	0.21	0.18	0.14	0.13	0.42	-
EPS Growth	52.32%	35.20%	2.41%	-68.71%	-	-
Free Cash Flow	-	12.83	20.68	13.8	1.42	17.98
Free Cash Flow Per Share	-	0.06	0.10	0.09	0.14	-
Dividend Per Share	-	0.110	0.100	-	-	-
Dividend Growth	-	10.00%	-	-	-	-
Gross Margin	16.85%	17.46%	19.93%	19.36%	25.44%	15.80%
Operating Margin	4.02%	3.79%	2.60%	3.15%	2.94%	-8.90%
Profit Margin	4.94%	4.76%	4.12%	3.56%	3.12%	-5.68%
Free Cash Flow Margin	-	1.60%	3.03%	2.42%	1.04%	12.75%
EBITDA	50.26	44.82	31.16	30.61	10.55	-6.91
EBITDA Margin	5.70%	5.60%	4.56%	5.36%	7.75%	-4.90%
D&A For EBITDA	14.78	14.51	13.41	12.64	6.54	5.65
EBIT	35.47	30.31	17.76	17.96	4.01	-12.56
EBIT Margin	4.02%	3.79%	2.60%	3.15%	2.94%	-8.90%
Effective Tax Rate	4.24%	4.23%	1.81%	-	-	-
Advertising Expenses	-	1.67	1.36	0.51	0.08	0.06

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