TADAWUL:1201 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	592.8	671.74	818.16	1,045	838.56	754.18
Revenue Growth (YoY)	-15.57%	-17.90%	-21.74%	24.67%	11.19%	-18.36%
Cost of Revenue	538.42	600.4	817.27	1,013	786.64	696.77
Gross Profit	54.37	71.34	0.9	32.55	51.92	57.41
Selling, General & Admin	96.58	96.61	113.52	99.57	112.19	89.27
Operating Expenses	96.58	96.61	113.52	99.57	112.19	89.27
Operating Income	-42.21	-25.27	-112.62	-67.02	-60.27	-31.87
Interest Expense	-58.28	-49.77	-60.18	-35.11	-17.28	-31.96
Earnings From Equity Investments	-12.96	-8.39	-6.22	-8.47	26.26	-
Currency Exchange Gain (Loss)	0.81	0.81	-1.35	-1.65	-0.97	-2.92
Other Non Operating Income (Expenses)	7.21	4.1	0.53	3.68	4.32	1.29
EBT Excluding Unusual Items	-105.43	-78.51	-179.85	-108.56	-47.93	-65.46
Gain (Loss) on Sale of Assets	4.02	4.02	-	-	14.56	-0.33
Asset Writedown	-0	-0	-42.53	-50.29	-0.02	-
Pretax Income	-101.41	-74.5	-222.37	-158.85	-33.39	-65.79
Income Tax Expense	-0.01	1.34	0.96	0.07	0.7	0.55
Earnings From Continuing Operations	-101.4	-75.84	-223.33	-158.92	-34.09	-66.34
Earnings From Discontinued Operations	-	-	-	-	53.12	60.33
Net Income	-101.4	-75.84	-223.33	-158.92	19.03	-6.01
Net Income to Common	-101.4	-75.84	-223.33	-158.92	19.03	-6.01
Shares Outstanding (Basic)	78	73	55	46	46	46
Shares Outstanding (Diluted)	78	73	55	46	46	46
Shares Change (YoY)	10.18%	32.81%	17.50%	0.00%	-	-
EPS (Basic)	-1.29	-1.05	-4.09	-3.42	0.41	-0.13
EPS (Diluted)	-1.29	-1.05	-4.09	-3.42	0.41	-0.13
Free Cash Flow	-118.21	-45.76	-42.46	48.31	7.61	101.1
Free Cash Flow Per Share	-1.51	-0.63	-0.78	1.04	0.16	2.18
Gross Margin	9.17%	10.62%	0.11%	3.11%	6.19%	7.61%
Operating Margin	-7.12%	-3.76%	-13.76%	-6.41%	-7.19%	-4.23%
Profit Margin	-17.11%	-11.29%	-27.30%	-15.20%	2.27%	-0.80%
Free Cash Flow Margin	-19.94%	-6.81%	-5.19%	4.62%	0.91%	13.41%
EBITDA	-0.71	13.84	-63.96	-6.87	7.62	66.92
EBITDA Margin	-0.12%	2.06%	-7.82%	-0.66%	0.91%	8.87%
D&A For EBITDA	41.5	39.11	48.67	60.15	67.89	98.79
EBIT	-42.21	-25.27	-112.62	-67.02	-60.27	-31.87
EBIT Margin	-7.12%	-3.76%	-13.76%	-6.41%	-7.19%	-4.23%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.