TADAWUL:2080 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,172	2,869	2,458	2,080	1,904	1,963
Revenue Growth (YoY)	15.89%	16.73%	18.16%	9.24%	-3.00%	2.11%
Operations & Maintenance	4.61	4.61	1.37	0.21	0.29	0.71
Selling, General & Admin	238.48	216.28	174.47	174.8	182.45	182.44
Provision for Bad Debts	-2.73	-4.32	1.78	-4.26	-1.34	-
Other Operating Expenses	2,758	2,507	2,153	1,801	1,649	1,740
Total Operating Expenses	2,999	2,724	2,330	1,972	1,831	1,923
Operating Income	172.94	145.49	127.7	107.97	73.53	39.85
Interest Expense	-5.24	-4.66	-2.62	-4.18	-5.9	-4.18
Interest Income	67.2	81.49	105.52	87.67	129.59	92.18
Net Interest Expense	61.96	76.84	102.91	83.48	123.68	88
Income (Loss) on Equity Investments	10.92	7.09	8	2.88	13.43	6.52
Currency Exchange Gain (Loss)	0.72	0.83	-0.81	0.47	0.56	-0.25
Other Non-Operating Income (Expenses)	1.5	4.09	0.87	3.45	3.91	8.35
EBT Excluding Unusual Items	248.03	234.33	238.67	198.25	215.12	142.46
Gain (Loss) on Sale of Assets	-0.06	4.99	3.66	30.87	0.51	7.13
Asset Writedown	-	-	-	-	-0.01	-0.14
Pretax Income	241.42	239.32	242.33	229.11	215.62	149.45
Income Tax Expense	-4.23	-9.43	15.01	15.05	14.25	12.56
Net Income	245.65	248.75	227.32	214.06	201.36	136.89
Net Income to Common	245.65	248.75	227.32	214.06	201.36	136.89
Net Income Growth	6.22%	9.43%	6.19%	6.31%	47.10%	25.08%
Shares Outstanding (Basic)	75	75	75	75	75	75
Shares Outstanding (Diluted)	75	75	75	75	75	75
EPS (Basic)	3.28	3.32	3.03	2.85	2.68	1.83
EPS (Diluted)	3.28	3.32	3.03	2.85	2.68	1.83
EPS Growth	6.22%	9.43%	6.19%	6.31%	47.10%	25.08%
Free Cash Flow	55.12	-9.08	42.02	223.14	-37.99	-4.02
Free Cash Flow Per Share	0.73	-0.12	0.56	2.98	-0.51	-0.05
Dividend Per Share	2.250	2.200	2.000	1.850	1.500	0.500
Dividend Growth	7.14%	10.00%	8.11%	23.33%	200.00%	-
Profit Margin	7.75%	8.67%	9.25%	10.29%	10.57%	6.97%
Free Cash Flow Margin	1.74%	-0.32%	1.71%	10.73%	-1.99%	-0.21%
EBITDA	244.52	251.2	222.16	205.88	157.64	124.8
EBITDA Margin	7.71%	8.76%	9.04%	9.90%	8.28%	6.36%
D&A For EBITDA	71.58	105.71	94.46	97.92	84.11	84.95
EBIT	172.94	145.49	127.7	107.97	73.53	39.85
EBIT Margin	5.45%	5.07%	5.20%	5.19%	3.86%	2.03%
Effective Tax Rate	-	-	6.19%	6.57%	6.61%	8.40%

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