TADAWUL:2060 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	2,489	3,024	3,567	3,883	3,673
Revenue Growth (YoY)	-17.70%	-15.22%	-8.14%	5.71%	61.68%
Cost of Revenue	2,403	2,940	3,202	3,019	2,686
Gross Profit	85.36	84.5	364.48	864.29	987
Selling, General & Admin	507.65	433.71	443.22	493.14	592.93
Other Operating Expenses	7.15	2.33	-56.84	-65.27	471.82
Operating Expenses	514.8	436.03	386.37	434.16	1,075
Operating Income	-429.45	-351.53	-21.89	430.13	-87.95
Interest Expense	-335.86	-355.33	-313.59	-278.67	-37.12
Interest & Investment Income	196.11	280.66	269.95	146.08	43.52
Earnings From Equity Investments	-821.75	493.57	661.78	1,147	2,783
Other Non Operating Income (Expenses)	64	77.04	75.64	139.14	-138.97
EBT Excluding Unusual Items	-1,327	144.41	671.88	1,583	2,563
Impairment of Goodwill	-	-364.28	-282.72	-21.69	-
Gain (Loss) on Sale of Investments	-	-416.11	-	-	-
Gain (Loss) on Sale of Assets	-	-	56.72	-	-
Asset Writedown	-2,108	-	-	-234.39	-180
Other Unusual Items	2,029	317.34	30	45.34	-
Pretax Income	-1,406	-318.64	475.88	1,373	2,383
Income Tax Expense	85.3	6.42	255.02	286.96	328.94
Earnings From Continuing Operations	-1,491	-325.07	220.86	1,086	2,054
Earnings From Discontinued Operations	25.15	47.44	-	-	-
Net Income to Company	-1,466	-277.63	220.86	1,086	2,054
Minority Interest in Earnings	-299.08	249.7	-19.23	-419.37	-697.22
Net Income	-1,765	-27.93	201.63	666.35	1,356
Net Income to Common	-1,765	-27.93	201.63	666.35	1,356
Net Income Growth	-	-	-69.74%	-50.87%	-
Shares Outstanding (Basic)	668	669	669	669	669
Shares Outstanding (Diluted)	668	669	669	669	669
Shares Change (YoY)	-0.18%	-	-	-	-
EPS (Basic)	-2.64	-0.04	0.30	1.00	2.03
EPS (Diluted)	-2.64	-0.04	0.30	1.00	2.03
EPS Growth	-	-	-69.74%	-50.87%	-
Free Cash Flow	-517.95	-236.64	89.52	659.81	790.7
Free Cash Flow Per Share	-0.78	-0.35	0.13	0.99	1.18
Gross Margin	3.43%	2.79%	10.22%	22.26%	26.87%
Operating Margin	-17.26%	-11.62%	-0.61%	11.08%	-2.40%
Profit Margin	-70.93%	-0.92%	5.65%	17.16%	36.93%
Free Cash Flow Margin	-20.81%	-7.83%	2.51%	16.99%	21.53%
EBITDA	-29.46	-99.52	182.56	642.61	163.37
EBITDA Margin	-1.18%	-3.29%	5.12%	16.55%	4.45%
D&A For EBITDA	399.99	252.01	204.45	212.48	251.32
EBIT	-429.45	-351.53	-21.89	430.13	-87.95
EBIT Margin	-17.26%	-11.62%	-0.61%	11.08%	-2.39%
Effective Tax Rate	-	-	53.59%	20.91%	13.81%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.