Modern Mills Company (TADAWUL:2284)

Modern Mills Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,000	938.62	978	555.01
Revenue Growth (YoY)	6.57%	-4.03%	76.21%	-
Cost of Revenue	628.45	594.7	613.8	393.76
Gross Profit	371.8	343.92	364.2	161.25
Selling, General & Admin	112.61	90.21	94.69	72.75
Other Operating Expenses	-0.22	-0.04	-0.03	-
Operating Expenses	112.53	90.36	94.76	72.75
Operating Income	259.27	253.56	269.44	88.5
Interest Expense	-54.9	-48.25	-35.82	-6.92
Interest & Investment Income	7.26	3.99	1.34	0.2
Other Non Operating Income (Expenses)	-	-	-	0.11
EBT Excluding Unusual Items	211.63	209.3	234.97	81.89
Gain (Loss) on Sale of Assets	0.02	0.01	0.67	-
Pretax Income	211.65	209.31	235.64	81.89
Income Tax Expense	2.98	7.5	2.63	2.38
Net Income	208.67	201.81	233.01	79.51
Net Income to Common	208.67	201.81	233.01	79.51
Net Income Growth	3.40%	-13.39%	193.04%	-
Shares Outstanding (Basic)	81	82	82	82
Shares Outstanding (Diluted)	81	82	82	82
Shares Change (YoY)	-0.77%	-	-	-
EPS (Basic)	2.57	2.47	2.85	0.97
EPS (Diluted)	2.57	2.47	2.85	0.97
EPS Growth	4.20%	-13.39%	193.04%	-
Free Cash Flow	170.06	182.84	321.47	136.8
Free Cash Flow Per Share	2.09	2.23	3.93	1.67
Dividend Per Share	-	1.000	-	-
Gross Margin	37.17%	36.64%	37.24%	29.05%
Operating Margin	25.92%	27.01%	27.55%	15.95%
Profit Margin	20.86%	21.50%	23.82%	14.33%
Free Cash Flow Margin	17.00%	19.48%	32.87%	24.65%
EBITDA	307.4	300.36	312.09	130.53
EBITDA Margin	30.73%	32.00%	31.91%	23.52%
D&A For EBITDA	48.13	46.81	42.65	42.03
EBIT	259.27	253.56	269.44	88.5
EBIT Margin	25.92%	27.01%	27.55%	15.95%
Effective Tax Rate	1.41%	3.58%	1.11%	2.90%

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