Maharah for Human Resources Company (TADAWUL:1831)

TADAWUL:1831 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,645	2,235	1,890	1,684	1,319	1,416
Revenue Growth (YoY)	30.88%	18.28%	12.26%	27.67%	-6.89%	-6.34%
Cost of Revenue	2,427	1,978	1,647	1,455	1,099	1,154
Gross Profit	217.79	257.31	243.44	228.39	219.29	262.05
Selling, General & Admin	100.19	127.17	122	112.56	76.44	69.01
Other Operating Expenses	-25.46	-25.26	-13.33	-	-	-
Operating Expenses	74.3	106.18	133.01	120.93	73.77	79.02
Operating Income	143.49	151.13	110.43	107.46	145.52	183.03
Interest Expense	-31.83	-43.73	-41.2	-9.81	-0.7	-
Interest & Investment Income	0.89	0.89	1.78	0.71	1.1	2.25
Earnings From Equity Investments	-17.47	28.31	40.52	15.88	-1.94	-0.32
Other Non Operating Income (Expenses)	-5.2	-	-	8.28	3.28	4.31
EBT Excluding Unusual Items	89.88	136.61	111.53	122.52	147.26	189.27
Impairment of Goodwill	-	-	-1.96	-	-	-
Gain (Loss) on Sale of Investments	0.94	1.44	0.84	3.16	1.27	0.54
Gain (Loss) on Sale of Assets	1.1	1.1	1.15	0.03	10.69	-
Other Unusual Items	-2.51	-2.51	-3.38	-	-	-
Pretax Income	89.41	136.63	108.18	125.71	159.22	189.81
Income Tax Expense	11.17	9.81	9.95	14.74	15.38	10.91
Earnings From Continuing Operations	78.25	126.83	98.24	110.97	143.84	178.9
Minority Interest in Earnings	-	0.66	1.99	2.49	1.09	-1.59
Net Income	78.25	127.48	100.23	113.46	144.93	177.32
Net Income to Common	78.25	127.48	100.23	113.46	144.93	177.32
Net Income Growth	-41.70%	27.20%	-11.67%	-21.71%	-18.27%	-34.83%
Shares Outstanding (Basic)	456	450	450	450	450	450
Shares Outstanding (Diluted)	456	450	450	450	450	450
Shares Change (YoY)	1.40%	0.04%	-	-	-	-
EPS (Basic)	0.17	0.28	0.22	0.25	0.32	0.39
EPS (Diluted)	0.17	0.28	0.22	0.25	0.32	0.39
EPS Growth	-43.03%	27.27%	-12.75%	-21.71%	-18.27%	-34.83%
Free Cash Flow	124.54	32.19	133.94	180.17	16.25	238.84
Free Cash Flow Per Share	0.27	0.07	0.30	0.40	0.04	0.53
Dividend Per Share	0.080	0.150	0.175	0.188	0.313	0.354
Dividend Growth	-44.83%	-14.29%	-6.67%	-40.00%	-11.77%	-27.60%
Gross Margin	8.23%	11.51%	12.88%	13.57%	16.63%	18.50%
Operating Margin	5.42%	6.76%	5.84%	6.38%	11.04%	12.92%
Profit Margin	2.96%	5.70%	5.30%	6.74%	10.99%	12.52%
Free Cash Flow Margin	4.71%	1.44%	7.09%	10.70%	1.23%	16.86%
EBITDA	161.06	163.26	123.09	121.98	159.28	197.05
EBITDA Margin	6.09%	7.30%	6.51%	7.25%	12.08%	13.91%
D&A For EBITDA	17.57	12.13	12.67	14.52	13.76	14.02
EBIT	143.49	151.13	110.43	107.46	145.52	183.03
EBIT Margin	5.42%	6.76%	5.84%	6.38%	11.04%	12.92%
Effective Tax Rate	12.49%	7.18%	9.19%	11.72%	9.66%	5.75%
Advertising Expenses	-	8.08	6.54	6.68	4.77	5.13

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