TADAWUL:2223 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	8,134	8,103	10,036	9,489	10,614	8,847
Revenue Growth (YoY)	-18.49%	-19.26%	5.77%	-10.60%	19.98%	177.54%
Cost of Revenue	6,914	6,925	8,700	7,630	8,180	6,805
Gross Profit	1,220	1,179	1,336	1,858	2,434	2,042
Selling, General & Admin	287.71	289.19	345.46	266.87	237.87	293.52
Other Operating Expenses	6.79	1.54	-0.95	0.65	25.97	6.64
Operating Expenses	293.09	289.32	346.01	268.74	269.57	300.15
Operating Income	926.41	889.45	989.62	1,590	2,164	1,742
Interest Expense	-59.8	-62.17	-91.28	-141.36	-73.75	-69.18
Interest & Investment Income	46.65	46.65	79.94	130.7	34.9	5.65
Other Non Operating Income (Expenses)	0.2	-	-	-	6.34	13.34
EBT Excluding Unusual Items	913.46	873.94	978.28	1,579	2,132	1,691
Pretax Income	913.46	873.94	988.41	1,579	2,132	1,691
Income Tax Expense	21.69	18.62	16.39	69.36	153.53	188.91
Net Income	891.78	855.32	972.03	1,510	1,978	1,503
Net Income to Common	891.78	855.32	972.03	1,510	1,978	1,503
Net Income Growth	-6.57%	-12.01%	-35.61%	-23.68%	31.65%	1753.19%
Shares Outstanding (Basic)	168	168	168	168	169	169
Shares Outstanding (Diluted)	168	168	168	168	169	169
Shares Change (YoY)	0.19%	0.00%	0.05%	-0.34%	-0.00%	-
EPS (Basic)	5.29	5.08	5.78	8.98	11.72	8.90
EPS (Diluted)	5.29	5.08	5.78	8.98	11.72	8.90
EPS Growth	-6.75%	-12.01%	-35.64%	-23.42%	31.66%	1753.19%
Free Cash Flow	837.13	1,088	1,612	2,109	1,972	1,734
Free Cash Flow Per Share	4.97	6.47	9.58	12.54	11.69	10.28
Dividend Per Share	4.500	4.500	6.680	10.000	5.000	-
Dividend Growth	-32.63%	-32.63%	-33.20%	100.00%	-	-
Gross Margin	14.99%	14.55%	13.31%	19.59%	22.93%	23.08%
Operating Margin	11.39%	10.98%	9.86%	16.75%	20.39%	19.69%
Profit Margin	10.96%	10.55%	9.69%	15.91%	18.64%	16.98%
Free Cash Flow Margin	10.29%	13.43%	16.06%	22.22%	18.58%	19.60%
EBITDA	1,165	1,118	1,239	1,892	2,495	2,072
EBITDA Margin	14.32%	13.80%	12.35%	19.94%	23.50%	23.42%
D&A For EBITDA	238.7	228.94	249.45	302.48	330.5	330.01
EBIT	926.41	889.45	989.62	1,590	2,164	1,742
EBIT Margin	11.39%	10.98%	9.86%	16.75%	20.39%	19.69%
Effective Tax Rate	2.37%	2.13%	1.66%	4.39%	7.20%	11.17%

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