National Gypsum Company 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	60.58	63.32	51.89	54.74	85.56
Revenue Growth (YoY)	-4.33%	22.03%	-5.20%	-36.02%	-17.54%
Cost of Revenue	63.99	58.77	44.38	47.35	51.64
Gross Profit	-3.41	4.55	7.51	7.39	33.92
Selling, General & Admin	11.76	10.77	12.98	12.13	11.81
Operating Expenses	11.77	10.77	13.63	15.24	11.81
Operating Income	-15.18	-6.22	-6.12	-7.85	22.12
Interest Expense	-1.35	-0.28	-0.21	-0.12	-0.13
Interest & Investment Income	2.24	2.83	1.74	1.22	0.59
Earnings From Equity Investments	0.66	1.68	3	2.52	0.98
Other Non Operating Income (Expenses)	2.36	1.02	10.82	0.61	0.64
EBT Excluding Unusual Items	-11.26	-0.97	9.23	-3.61	24.19
Gain (Loss) on Sale of Investments	-0.04	0.19	0.15	0.09	-
Asset Writedown	-19.08	-	-	-	-
Legal Settlements	-	-10.7	-	-	-
Other Unusual Items	0.11	-	-	-	-
Pretax Income	-30.28	-11.48	9.37	-3.52	24.19
Income Tax Expense	0.52	1.22	4.25	2.92	3.43
Net Income	-30.8	-12.69	5.13	-6.44	20.76
Net Income to Common	-30.8	-12.69	5.13	-6.44	20.76
Net Income Growth	-	-	-	-	-34.66%
Shares Outstanding (Basic)	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32
EPS (Basic)	-0.97	-0.40	0.16	-0.20	0.66
EPS (Diluted)	-0.97	-0.40	0.16	-0.20	0.66
EPS Growth	-	-	-	-	-34.66%
Free Cash Flow	-36.01	-33.05	-11.3	-5.86	12.98
Free Cash Flow Per Share	-1.14	-1.04	-0.36	-0.18	0.41
Dividend Per Share	-	-	-	-	0.100
Dividend Growth	-	-	-	-	-83.33%
Gross Margin	-5.63%	7.19%	14.47%	13.50%	39.65%
Operating Margin	-25.05%	-9.82%	-11.79%	-14.34%	25.85%
Profit Margin	-50.84%	-20.05%	9.88%	-11.77%	24.26%
Free Cash Flow Margin	-59.44%	-52.19%	-21.78%	-10.71%	15.17%
EBITDA	-5.17	4.1	3.78	3.57	30.93
EBITDA Margin	-8.53%	6.48%	7.28%	6.53%	36.15%
D&A For EBITDA	10.01	10.32	9.9	11.42	8.81
EBIT	-15.18	-6.22	-6.12	-7.85	22.12
EBIT Margin	-25.05%	-9.82%	-11.79%	-14.34%	25.85%
Effective Tax Rate	-	-	45.30%	-	14.18%
Advertising Expenses	0.11	0.13	0.08	0.31	0.07

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