TADAWUL:2190 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,693	1,606	1,321	1,603	993.84	985.41
Revenue Growth (YoY)	20.48%	21.54%	-17.62%	61.34%	0.85%	-3.47%
Cost of Revenue	890.75	890.75	679.6	1,065	577.69	538.94
Gross Profit	802.67	714.79	641.35	538.13	416.15	446.47
Selling, General & Admin	286.83	286.83	260.69	214.9	183.45	168.13
Other Operating Expenses	85.38	-	-	-	-	-
Operating Expenses	373.35	287.97	263.42	218.77	186.15	168.13
Operating Income	429.32	426.82	377.93	319.36	230	278.34
Interest Expense	-304.19	-304.19	-289.29	-241.57	-213.35	-203.37
Interest & Investment Income	32.5	32.5	32.89	25.87	12.34	0.22
Earnings From Equity Investments	36.61	36.61	6.91	30.5	30.83	23.68
Other Non Operating Income (Expenses)	41.8	41.8	6.14	21.45	13.95	14.74
EBT Excluding Unusual Items	236.05	233.55	134.58	155.62	73.77	113.61
Gain (Loss) on Sale of Investments	1.06	1.06	-	-	-	-
Gain (Loss) on Sale of Assets	0.03	0.03	0.18	0.06	-0.08	-0.06
Other Unusual Items	4.96	4.96	-	-	-	-
Pretax Income	242.09	239.59	134.76	155.68	73.69	113.55
Income Tax Expense	29.47	31.42	61.24	26.61	18.16	18.44
Earnings From Continuing Operations	212.62	208.17	73.52	129.08	55.53	95.12
Net Income to Company	212.62	208.17	73.52	129.08	55.53	95.12
Minority Interest in Earnings	-114.8	-111.77	-74.26	-57.87	-18.8	-37.24
Net Income	97.82	96.4	-0.74	71.2	36.73	57.88
Net Income to Common	97.82	96.4	-0.74	71.2	36.73	57.88
Net Income Growth	116.61%	-	-	93.86%	-36.54%	-58.48%
Shares Outstanding (Basic)	81	81	81	82	82	82
Shares Outstanding (Diluted)	81	81	81	82	82	82
Shares Change (YoY)	-0.22%	-	-0.27%	-0.05%	-	-
EPS (Basic)	1.21	1.19	-0.01	0.87	0.45	0.71
EPS (Diluted)	1.21	1.19	-0.01	0.87	0.45	0.71
EPS Growth	117.09%	-	-	93.96%	-36.54%	-58.48%
Free Cash Flow	314.96	258.81	155.12	-175.2	-36.35	137.93
Free Cash Flow Per Share	3.88	3.18	1.91	-2.15	-0.45	1.69
Dividend Per Share	-	-	0.800	0.800	0.800	0.800
Gross Margin	47.40%	44.52%	48.55%	33.56%	41.87%	45.31%
Operating Margin	25.35%	26.58%	28.61%	19.92%	23.14%	28.25%
Profit Margin	5.78%	6.00%	-0.06%	4.44%	3.70%	5.87%
Free Cash Flow Margin	18.60%	16.12%	11.74%	-10.93%	-3.66%	14.00%
EBITDA	676.21	673.01	608.07	502.93	394.21	444.35
EBITDA Margin	39.93%	41.92%	46.03%	31.37%	39.66%	45.09%
D&A For EBITDA	246.89	246.19	230.14	183.56	164.2	166.01
EBIT	429.32	426.82	377.93	319.36	230	278.34
EBIT Margin	25.35%	26.58%	28.61%	19.92%	23.14%	28.25%
Effective Tax Rate	12.17%	13.11%	45.44%	17.09%	24.65%	16.24%
Revenue as Reported	1,606	1,606	1,321	1,603	993.84	985.41

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