TADAWUL:2230 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	6,881	6,375	4,855	3,696	3,411
Revenue Growth (YoY)	7.93%	31.32%	31.36%	8.35%	3.17%
Cost of Revenue	6,026	5,523	4,183	3,209	2,980
Gross Profit	854.39	852.32	671.5	486.49	431.1
Selling, General & Admin	322.13	312.52	292.54	262.07	261.06
Operating Expenses	385.25	418.17	356.39	310.36	289.51
Operating Income	469.14	434.15	315.11	176.13	141.59
Interest Expense	-93.95	-93.72	-92.33	-57.15	-39.95
Interest & Investment Income	2.07	2.31	0.11	0.41	-
Earnings From Equity Investments	-	-7.66	3.87	-	-
Currency Exchange Gain (Loss)	0.01	-0.79	-5.15	-12.45	-0.55
Other Non Operating Income (Expenses)	9.05	1.19	-4.64	7.43	3.16
EBT Excluding Unusual Items	386.31	335.49	216.97	114.36	104.25
Gain (Loss) on Sale of Assets	-0.74	-0.06	0.83	-0.2	-
Legal Settlements	-	-	-	-	-1.08
Other Unusual Items	-	-	-	-	3.67
Pretax Income	385.57	335.43	217.8	114.17	106.84
Income Tax Expense	47.57	41.41	33.67	33.18	36.37
Earnings From Continuing Operations	338	294.02	184.13	80.99	70.46
Minority Interest in Earnings	-2.68	-2.78	-1.25	-0.76	-0.89
Net Income	335.32	291.24	182.89	80.22	69.57
Net Income to Common	335.32	291.24	182.89	80.22	69.57
Net Income Growth	15.13%	59.25%	127.97%	15.31%	-6.02%
Shares Outstanding (Basic)	843	843	843	843	843
Shares Outstanding (Diluted)	843	843	843	843	843
EPS (Basic)	0.40	0.35	0.22	0.10	0.08
EPS (Diluted)	0.40	0.35	0.22	0.10	0.08
EPS Growth	15.13%	59.25%	127.97%	15.31%	-6.02%
Free Cash Flow	450.07	-285.49	361.47	587.34	-177.16
Free Cash Flow Per Share	0.53	-0.34	0.43	0.70	-0.21
Dividend Per Share	0.100	0.050	0.050	0.050	0.050
Dividend Growth	100.00%	-	-	-	-
Gross Margin	12.42%	13.37%	13.83%	13.16%	12.64%
Operating Margin	6.82%	6.81%	6.49%	4.77%	4.15%
Profit Margin	4.87%	4.57%	3.77%	2.17%	2.04%
Free Cash Flow Margin	6.54%	-4.48%	7.45%	15.89%	-5.19%
EBITDA	523.89	483.62	356.73	216.86	184.1
EBITDA Margin	7.61%	7.59%	7.35%	5.87%	5.40%
D&A For EBITDA	54.75	49.47	41.62	40.73	42.51
EBIT	469.14	434.15	315.11	176.13	141.59
EBIT Margin	6.82%	6.81%	6.49%	4.77%	4.15%
Effective Tax Rate	12.34%	12.35%	15.46%	29.06%	34.05%
Advertising Expenses	5.32	4.05	2.88	2.49	1.54

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