Naqi Water Company (TADAWUL:2282)

Naqi Water Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	189.02	219.34	238.82	284.29	277.82	264.51
Revenue Growth (YoY)	-15.18%	-8.16%	-15.99%	2.33%	5.03%	21.60%
Cost of Revenue	135.16	142.74	153.93	194.44	165.31	161.16
Gross Profit	53.86	76.6	84.9	89.85	112.51	103.36
Selling, General & Admin	39.59	49.98	42.04	34.89	34.24	22.02
Other Operating Expenses	-0.35	-0.34	-0.63	-1.6	-0.92	-
Operating Expenses	41.38	50.92	42	34.18	33.32	22.02
Operating Income	12.47	25.68	42.9	55.68	79.19	81.34
Interest Expense	-0.25	-0.7	-0.86	-0.74	-1.19	-0.59
Interest & Investment Income	0.46	0.21	-	-	-	-
Currency Exchange Gain (Loss)	1.2	-0.1	-	-	-	-
Other Non Operating Income (Expenses)	3.33	4.15	4.01	-3.23	-	-0.73
EBT Excluding Unusual Items	17.21	29.25	46.05	51.7	77.99	80.02
Gain (Loss) on Sale of Investments	-1.32	0.43	-	-	-	-
Gain (Loss) on Sale of Assets	-0.08	3.46	-0.07	-	-	-
Other Unusual Items	-	-	-	0.16	0.51	-
Pretax Income	15.82	33.14	45.98	51.86	78.51	80.02
Income Tax Expense	2.76	2.96	3.03	3.15	1.23	2.06
Net Income	13.06	30.18	42.95	48.71	77.28	77.95
Net Income to Common	13.06	30.18	42.95	48.71	77.28	77.95
Net Income Growth	-58.39%	-29.72%	-11.82%	-36.97%	-0.87%	124.14%
Shares Outstanding (Basic)	20	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20	20
Shares Change (YoY)	0.71%	-	-	-	-	44013.11%
EPS (Basic)	0.65	1.51	2.15	2.44	3.86	3.90
EPS (Diluted)	0.65	1.51	2.15	2.44	3.86	3.90
EPS Growth	-58.68%	-29.72%	-11.82%	-36.97%	-0.87%	-99.49%
Free Cash Flow	-5.96	11.31	47.71	65.71	47.65	35.14
Free Cash Flow Per Share	-0.30	0.56	2.38	3.29	2.38	1.76
Dividend Per Share	-	-	0.500	2.000	-	-
Dividend Growth	-	-	-75.00%	-	-	-
Gross Margin	28.49%	34.92%	35.55%	31.61%	40.50%	39.07%
Operating Margin	6.60%	11.71%	17.96%	19.58%	28.50%	30.75%
Profit Margin	6.91%	13.76%	17.98%	17.13%	27.82%	29.47%
Free Cash Flow Margin	-3.16%	5.16%	19.98%	23.11%	17.15%	13.29%
EBITDA	32.81	48.41	65.62	77.16	97.33	96.23
EBITDA Margin	17.36%	22.07%	27.48%	27.14%	35.03%	36.38%
D&A For EBITDA	20.33	22.74	22.73	21.48	18.14	14.9
EBIT	12.47	25.68	42.9	55.68	79.19	81.34
EBIT Margin	6.60%	11.71%	17.96%	19.58%	28.50%	30.75%
Effective Tax Rate	17.43%	8.92%	6.59%	6.07%	1.57%	2.58%
Advertising Expenses	-	2.66	1.6	1.32	1.92	-

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