TADAWUL:1213 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	72.02	196.76	260.52	280.18	230.2
Revenue Growth (YoY)	-63.40%	-24.47%	-7.02%	21.71%	19.77%
Cost of Revenue	81.93	179.27	207.08	230.69	203.07
Gross Profit	-9.91	17.48	53.44	49.5	27.13
Selling, General & Admin	29.54	38.29	44.52	45.67	48.6
Other Operating Expenses	-0.09	1.64	-10.63	-6.62	52.56
Operating Expenses	33.52	40.29	33.9	39.05	101.16
Operating Income	-43.43	-22.81	19.54	10.44	-74.03
Interest Expense	-10.45	-14.2	-11.28	-6.17	-10.4
Earnings From Equity Investments	-1.17	-0.16	0.62	0.71	0.7
EBT Excluding Unusual Items	-55.05	-37.17	8.88	4.98	-83.73
Gain (Loss) on Sale of Assets	22.97	0.32	1.64	0.53	0.55
Pretax Income	-32.07	-36.84	10.51	5.51	-83.18
Income Tax Expense	1.94	5.75	26.45	6.89	2.34
Earnings From Continuing Operations	-34.01	-42.59	-15.93	-1.38	-85.52
Net Income	-34.01	-42.59	-15.93	-1.38	-85.52
Net Income to Common	-34.01	-42.59	-15.93	-1.38	-85.52
Shares Outstanding (Basic)	11	11	11	17	4
Shares Outstanding (Diluted)	11	11	11	17	4
Shares Change (YoY)	-	-	-35.47%	342.38%	20.28%
EPS (Basic)	-3.12	-3.91	-1.46	-0.08	-22.40
EPS (Diluted)	-3.12	-3.91	-1.46	-0.08	-22.40
Free Cash Flow	8.36	27.54	26.58	-15.46	-48.34
Free Cash Flow Per Share	0.77	2.53	2.44	-0.92	-12.66
Gross Margin	-13.76%	8.89%	20.51%	17.66%	11.79%
Operating Margin	-60.30%	-11.59%	7.50%	3.73%	-32.16%
Profit Margin	-47.23%	-21.65%	-6.12%	-0.49%	-37.15%
Free Cash Flow Margin	11.61%	14.00%	10.20%	-5.52%	-21.00%
EBITDA	-34.73	-11.67	33.15	27.01	-57.37
EBITDA Margin	-48.23%	-5.93%	12.72%	9.64%	-24.92%
D&A For EBITDA	8.7	11.14	13.61	16.56	16.66
EBIT	-43.43	-22.81	19.54	10.44	-74.03
EBIT Margin	-60.30%	-11.59%	7.50%	3.73%	-32.16%
Effective Tax Rate	-	-	251.52%	124.98%	-
Advertising Expenses	0.04	0.06	0.14	0.07	0.1

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