TADAWUL:1831 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	3,112	2,235	1,890	1,684	1,319
Revenue Growth (YoY)	39.23%	18.28%	12.26%	27.67%	-6.89%
Cost of Revenue	2,786	1,978	1,647	1,455	1,099
Gross Profit	326.11	257.31	243.44	228.39	219.29
Selling, General & Admin	148.42	127.17	122	112.56	76.44
Other Operating Expenses	-28.91	-25.26	-13.33	-	-
Operating Expenses	122.52	106.18	133.01	120.93	73.77
Operating Income	203.59	151.13	110.43	107.46	145.52
Interest Expense	-41.07	-43.73	-41.2	-9.81	-0.7
Interest & Investment Income	1.05	0.89	1.78	0.71	1.1
Earnings From Equity Investments	130.23	76.11	40.52	15.88	-1.94
Other Non Operating Income (Expenses)	-	-	-	8.28	3.28
EBT Excluding Unusual Items	293.8	184.4	111.53	122.52	147.26
Impairment of Goodwill	-0.31	-	-1.96	-	-
Gain (Loss) on Sale of Investments	1.28	1.44	0.84	3.16	1.27
Gain (Loss) on Sale of Assets	4.63	1.1	1.15	0.03	10.69
Other Unusual Items	-12.07	-2.51	-3.38	-	-
Pretax Income	287.34	184.43	108.18	125.71	159.22
Income Tax Expense	14.57	9.81	9.95	14.74	15.38
Earnings From Continuing Operations	272.77	174.62	98.24	110.97	143.84
Minority Interest in Earnings	-	0.66	1.99	2.49	1.09
Net Income	272.77	175.28	100.23	113.46	144.93
Net Income to Common	272.77	175.28	100.23	113.46	144.93
Net Income Growth	55.62%	74.88%	-11.67%	-21.71%	-18.27%
Shares Outstanding (Basic)	450	450	450	450	450
Shares Outstanding (Diluted)	452	450	450	450	450
Shares Change (YoY)	0.31%	0.04%	-	-	-
EPS (Basic)	0.61	0.39	0.22	0.25	0.32
EPS (Diluted)	0.61	0.39	0.22	0.25	0.32
EPS Growth	55.62%	77.05%	-12.75%	-21.71%	-18.27%
Free Cash Flow	-29.2	32.19	133.94	180.17	16.25
Free Cash Flow Per Share	-0.07	0.07	0.30	0.40	0.04
Dividend Per Share	-	0.150	0.175	0.188	0.313
Dividend Growth	-	-14.29%	-6.67%	-40.00%	-11.77%
Gross Margin	10.48%	11.51%	12.88%	13.57%	16.63%
Operating Margin	6.54%	6.76%	5.84%	6.38%	11.04%
Profit Margin	8.76%	7.84%	5.30%	6.74%	10.99%
Free Cash Flow Margin	-0.94%	1.44%	7.09%	10.70%	1.23%
EBITDA	216.02	162.96	123.09	121.98	159.28
EBITDA Margin	6.94%	7.29%	6.51%	7.25%	12.08%
D&A For EBITDA	12.43	11.83	12.67	14.52	13.76
EBIT	203.59	151.13	110.43	107.46	145.52
EBIT Margin	6.54%	6.76%	5.84%	6.38%	11.04%
Effective Tax Rate	5.07%	5.32%	9.19%	11.72%	9.66%
Advertising Expenses	14.36	8.08	6.54	6.68	4.77

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