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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,428	2,235	1,890	1,684	1,319	1,416
Revenue Growth (YoY)	24.72%	18.28%	12.26%	27.67%	-6.89%	-6.34%
Cost of Revenue	2,171	1,978	1,647	1,455	1,099	1,154
Gross Profit	256.74	257.31	243.44	228.39	219.29	262.05
Selling, General & Admin	129.96	127.17	122	112.56	76.44	69.01
Other Operating Expenses	-25.46	-25.26	-13.33	-	-	-
Operating Expenses	102.15	106.18	133.01	120.93	73.77	79.02
Operating Income	154.59	151.13	110.43	107.46	145.52	183.03
Interest Expense	-43.66	-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	-0.93	28.31	40.52	15.88	-1.94	-0.32
Other Non Operating Income (Expenses)	-	-	-	8.28	3.28	4.31
EBT Excluding Unusual Items	110.89	136.61	111.53	122.52	147.26	189.27
Impairment of Goodwill	-	-	-1.96	-	-	-
Gain (Loss) on Sale of Investments	1.3	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	110.78	136.63	108.18	125.71	159.22	189.81
Income Tax Expense	10.21	9.81	9.95	14.74	15.38	10.91
Earnings From Continuing Operations	100.56	126.83	98.24	110.97	143.84	178.9
Minority Interest in Earnings	0.36	0.66	1.99	2.49	1.09	-1.59
Net Income	100.92	127.48	100.23	113.46	144.93	177.32
Net Income to Common	100.92	127.48	100.23	113.46	144.93	177.32
Net Income Growth	-14.61%	27.20%	-11.67%	-21.71%	-18.27%	-34.83%
Shares Outstanding (Basic)	450	450	450	450	450	450
Shares Outstanding (Diluted)	450	450	450	450	450	450
Shares Change (YoY)	0.07%	0.04%	-	-	-	-
EPS (Basic)	0.22	0.28	0.22	0.25	0.32	0.39
EPS (Diluted)	0.22	0.28	0.22	0.25	0.32	0.39
EPS Growth	-14.82%	27.27%	-12.75%	-21.71%	-18.27%	-34.83%
Free Cash Flow	23.3	32.19	133.94	180.17	16.25	238.84
Free Cash Flow Per Share	0.05	0.07	0.30	0.40	0.04	0.53
Dividend Per Share	0.150	0.150	0.175	0.188	0.313	0.354
Dividend Growth	-14.29%	-14.29%	-6.67%	-40.00%	-11.77%	-27.60%
Gross Margin	10.57%	11.51%	12.88%	13.57%	16.63%	18.50%
Operating Margin	6.37%	6.76%	5.84%	6.38%	11.04%	12.92%
Profit Margin	4.16%	5.70%	5.30%	6.74%	10.99%	12.52%
Free Cash Flow Margin	0.96%	1.44%	7.09%	10.70%	1.23%	16.86%
EBITDA	166.75	163.26	123.09	121.98	159.28	197.05
EBITDA Margin	6.87%	7.30%	6.51%	7.25%	12.08%	13.91%
D&A For EBITDA	12.17	12.13	12.67	14.52	13.76	14.02
EBIT	154.59	151.13	110.43	107.46	145.52	183.03
EBIT Margin	6.37%	6.76%	5.84%	6.38%	11.04%	12.92%
Effective Tax Rate	9.22%	7.18%	9.19%	11.72%	9.66%	5.75%
Advertising Expenses	-	8.08	6.54	6.68	4.77	5.13

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.