Sustained Infrastructure Holding Company (TADAWUL:2190)

TADAWUL:2190 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	1,406	1,321	1,603	993.84	985.41	1,021
Revenue Growth (YoY)	-2.08%	-17.62%	61.34%	0.85%	-3.47%	51.04%
Cost of Revenue	679.6	679.6	1,065	577.69	538.94	597.13
Gross Profit	725.93	641.35	538.13	416.15	446.47	423.74
Selling, General & Admin	260.69	260.69	214.9	183.45	168.13	167.5
Other Operating Expenses	4.33	-	-	-	-	-
Operating Expenses	267.76	263.42	218.77	186.15	168.13	167.5
Operating Income	458.17	377.93	319.36	230	278.34	256.24
Interest Expense	-289.29	-289.29	-241.57	-213.35	-203.37	-37.29
Interest & Investment Income	32.89	32.89	25.87	12.34	0.22	-
Earnings From Equity Investments	6.91	6.91	30.5	30.83	23.68	21.61
Other Non Operating Income (Expenses)	6.14	6.14	21.45	13.95	14.74	-35.93
EBT Excluding Unusual Items	214.82	134.58	155.62	73.77	113.61	204.64
Gain (Loss) on Sale of Assets	0.18	0.18	0.06	-0.08	-0.06	-3.5
Other Unusual Items	-	-	-	-	-	31.96
Pretax Income	215	134.76	155.68	73.69	113.55	233.1
Income Tax Expense	65.96	61.24	26.61	18.16	18.44	16.43
Earnings From Continuing Operations	149.04	73.52	129.08	55.53	95.12	216.67
Net Income to Company	149.04	73.52	129.08	55.53	95.12	216.67
Minority Interest in Earnings	-103.88	-74.26	-57.87	-18.8	-37.24	-77.26
Net Income	45.16	-0.74	71.2	36.73	57.88	139.41
Net Income to Common	45.16	-0.74	71.2	36.73	57.88	139.41
Net Income Growth	47.79%	-	93.86%	-36.54%	-58.48%	173.77%
Shares Outstanding (Basic)	82	81	82	82	82	82
Shares Outstanding (Diluted)	82	81	82	82	82	82
Shares Change (YoY)	0.04%	-0.27%	-0.05%	-	-	-
EPS (Basic)	0.55	-0.01	0.87	0.45	0.71	1.71
EPS (Diluted)	0.55	-0.01	0.87	0.45	0.71	1.71
EPS Growth	47.73%	-	93.96%	-36.54%	-58.48%	173.77%
Free Cash Flow	114.07	80.36	-175.2	-36.35	137.93	149.67
Free Cash Flow Per Share	1.40	0.99	-2.15	-0.45	1.69	1.83
Dividend Per Share	-	-	0.800	0.800	0.800	0.800
Dividend Growth	-	-	-	-	-	33.33%
Gross Margin	51.65%	48.55%	33.56%	41.87%	45.31%	41.51%
Operating Margin	32.60%	28.61%	19.92%	23.14%	28.25%	25.10%
Profit Margin	3.21%	-0.06%	4.44%	3.70%	5.87%	13.66%
Free Cash Flow Margin	8.12%	6.08%	-10.93%	-3.66%	14.00%	14.66%
EBITDA	690.71	608.07	502.93	394.21	444.35	410.97
EBITDA Margin	49.14%	46.03%	31.37%	39.66%	45.09%	40.26%
D&A For EBITDA	232.54	230.14	183.56	164.2	166.01	154.73
EBIT	458.17	377.93	319.36	230	278.34	256.24
EBIT Margin	32.60%	28.61%	19.92%	23.14%	28.25%	25.10%
Effective Tax Rate	30.68%	45.44%	17.09%	24.65%	16.24%	7.05%
Revenue as Reported	1,321	1,321	1,603	993.84	985.41	1,021

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