TADAWUL:2270 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 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	2,999	2,963	2,780	2,648	2,170
Revenue Growth (YoY)	1.23%	6.59%	4.97%	22.01%	3.08%
Cost of Revenue	2,486	1,908	1,830	1,828	1,528
Gross Profit	513.4	1,055	949.93	819.89	642.59
Selling, General & Admin	-	591.56	516.73	462.09	410.82
Other Operating Expenses	-	-2.21	-2.35	-1.8	-5.64
Operating Expenses	-	586.31	503.66	448.88	406.38
Operating Income	513.4	468.26	446.27	371.01	236.21
Interest Expense	-	-2.68	-18.77	-2.48	-2.57
Interest & Investment Income	-	49.69	40.23	18.5	4.4
Earnings From Equity Investments	-	-	0.86	-0.39	0.97
Other Non Operating Income (Expenses)	-10.6	-8.2	-1.9	-47.53	-4.74
EBT Excluding Unusual Items	502.8	507.06	466.68	339.12	234.27
Impairment of Goodwill	-	-	-15.75	-	-
Asset Writedown	-	-	-0.15	-	-
Pretax Income	502.8	507.06	450.78	339.12	234.27
Income Tax Expense	25.41	23.9	36.07	28.65	25.22
Earnings From Continuing Operations	477.39	483.16	414.71	310.46	209.05
Minority Interest in Earnings	-	0.52	3.35	-1.69	-1.76
Net Income	477.39	483.69	418.06	308.77	207.29
Net Income to Common	477.39	483.69	418.06	308.77	207.29
Net Income Growth	-1.30%	15.70%	35.39%	48.95%	-20.44%
Shares Outstanding (Basic)	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	14.92	15.12	13.06	9.65	6.48
EPS (Diluted)	14.92	15.12	13.06	9.65	6.48
EPS Growth	-1.29%	15.70%	35.39%	48.95%	-20.44%
Free Cash Flow	447.2	265.93	659.56	288.11	122.95
Free Cash Flow Per Share	13.98	8.31	20.61	9.00	3.84
Dividend Per Share	-	15.000	16.000	6.000	6.000
Dividend Growth	-	-6.25%	166.67%	-	-
Gross Margin	17.12%	35.59%	34.17%	30.96%	29.61%
Operating Margin	17.12%	15.80%	16.05%	14.01%	10.88%
Profit Margin	15.92%	16.32%	15.04%	11.66%	9.55%
Free Cash Flow Margin	14.91%	8.97%	23.73%	10.88%	5.67%
EBITDA	611.9	570.8	551.22	477.4	328.51
EBITDA Margin	20.40%	19.27%	19.83%	18.03%	15.14%
D&A For EBITDA	98.5	102.54	104.96	106.38	92.3
EBIT	513.4	468.26	446.27	371.01	236.21
EBIT Margin	17.12%	15.80%	16.05%	14.01%	10.88%
Effective Tax Rate	5.05%	4.71%	8.00%	8.45%	10.77%
Advertising Expenses	-	145.54	-	74.7	47.4

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