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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,429	1,321	1,603	993.84	985.41	1,021
Revenue Growth (YoY)	-1.47%	-17.62%	61.34%	0.85%	-3.47%	51.04%
Cost of Revenue	521.07	679.6	1,065	577.69	538.94	597.13
Gross Profit	907.88	641.35	538.13	416.15	446.47	423.74
Selling, General & Admin	194.1	260.69	214.9	183.45	168.13	167.5
Other Operating Expenses	350.83	-	-	-	-	-
Operating Expenses	547.66	263.42	218.77	186.15	168.13	167.5
Operating Income	360.22	377.93	319.36	230	278.34	256.24
Interest Expense	-216.36	-289.29	-241.57	-213.35	-203.37	-37.29
Interest & Investment Income	22.55	32.89	25.87	12.34	0.22	-
Earnings From Equity Investments	44.01	6.91	30.5	30.83	23.68	21.61
Other Non Operating Income (Expenses)	-9.36	6.14	21.45	13.95	14.74	-35.93
EBT Excluding Unusual Items	201.05	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	201.24	134.76	155.68	73.69	113.55	233.1
Income Tax Expense	33.05	61.24	26.61	18.16	18.44	16.43
Earnings From Continuing Operations	168.19	73.52	129.08	55.53	95.12	216.67
Net Income to Company	168.19	73.52	129.08	55.53	95.12	216.67
Minority Interest in Earnings	-69.16	-74.26	-57.87	-18.8	-37.24	-77.26
Net Income	99.03	-0.74	71.2	36.73	57.88	139.41
Net Income to Common	99.03	-0.74	71.2	36.73	57.88	139.41
Net Income Growth	-	-	93.86%	-36.54%	-58.48%	173.77%
Shares Outstanding (Basic)	103	81	82	82	82	82
Shares Outstanding (Diluted)	103	81	82	82	82	82
Shares Change (YoY)	26.17%	-0.27%	-0.05%	-	-	-
EPS (Basic)	0.96	-0.01	0.87	0.45	0.71	1.71
EPS (Diluted)	0.96	-0.01	0.87	0.45	0.71	1.71
EPS Growth	-	-	93.96%	-36.54%	-58.48%	173.77%
Free Cash Flow	272.71	80.36	-175.2	-36.35	137.93	149.67
Free Cash Flow Per Share	2.66	0.99	-2.15	-0.45	1.69	1.83
Dividend Per Share	0.800	0.800	0.800	0.800	0.800	0.800
Dividend Growth	100.00%	-	-	-	-	33.33%
Gross Margin	63.53%	48.55%	33.56%	41.87%	45.31%	41.51%
Operating Margin	25.21%	28.61%	19.92%	23.14%	28.25%	25.10%
Profit Margin	6.93%	-0.06%	4.44%	3.70%	5.87%	13.66%
Free Cash Flow Margin	19.09%	6.08%	-10.93%	-3.66%	14.00%	14.66%
EBITDA	593.95	608.07	502.93	394.21	444.35	410.97
EBITDA Margin	41.57%	46.03%	31.37%	39.66%	45.09%	40.26%
D&A For EBITDA	233.73	230.14	183.56	164.2	166.01	154.73
EBIT	360.22	377.93	319.36	230	278.34	256.24
EBIT Margin	25.21%	28.61%	19.92%	23.14%	28.25%	25.10%
Effective Tax Rate	16.42%	45.44%	17.09%	24.65%	16.24%	7.05%
Revenue as Reported	1,035	1,321	1,603	993.84	985.41	1,021

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