TADAWUL:2190 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	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	734.79	679.6	1,065	577.69	538.94	597.13
Gross Profit	694.16	641.35	538.13	416.15	446.47	423.74
Selling, General & Admin	270.99	260.69	214.9	183.45	168.13	167.5
Operating Expenses	273.71	263.42	218.77	186.15	168.13	167.5
Operating Income	420.45	377.93	319.36	230	278.34	256.24
Interest Expense	-295.9	-289.29	-241.57	-213.35	-203.37	-37.29
Interest & Investment Income	31.72	32.89	25.87	12.34	0.22	-
Earnings From Equity Investments	52.12	6.91	30.5	30.83	23.68	21.61
Other Non Operating Income (Expenses)	-7.34	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	-87.16	-74.26	-57.87	-18.8	-37.24	-77.26
Net Income	81.03	-0.74	71.2	36.73	57.88	139.41
Net Income to Common	81.03	-0.74	71.2	36.73	57.88	139.41
Net Income Growth	-	-	93.86%	-36.54%	-58.48%	173.77%
Shares Outstanding (Basic)	81	81	82	82	82	82
Shares Outstanding (Diluted)	81	81	82	82	82	82
Shares Change (YoY)	-0.05%	-0.27%	-0.05%	-	-	-
EPS (Basic)	1.00	-0.01	0.87	0.45	0.71	1.71
EPS (Diluted)	1.00	-0.01	0.87	0.45	0.71	1.71
EPS Growth	-	-	93.96%	-36.54%	-58.48%	173.77%
Free Cash Flow	168.35	80.36	-175.2	-36.35	137.93	149.67
Free Cash Flow Per Share	2.07	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	48.58%	48.55%	33.56%	41.87%	45.31%	41.51%
Operating Margin	29.42%	28.61%	19.92%	23.14%	28.25%	25.10%
Profit Margin	5.67%	-0.06%	4.44%	3.70%	5.87%	13.66%
Free Cash Flow Margin	11.78%	6.08%	-10.93%	-3.66%	14.00%	14.66%
EBITDA	656.31	608.07	502.93	394.21	444.35	410.97
EBITDA Margin	45.93%	46.03%	31.37%	39.66%	45.09%	40.26%
D&A For EBITDA	235.86	230.14	183.56	164.2	166.01	154.73
EBIT	420.45	377.93	319.36	230	278.34	256.24
EBIT Margin	29.42%	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	1,429	1,321	1,603	993.84	985.41	1,021

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