Modern Mills Company (TADAWUL: 2284)

Modern Mills Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	967.43	938.62	978	555.01
Revenue Growth (YoY)	-1.08%	-4.03%	76.21%	-
Cost of Revenue	615.27	594.7	613.8	393.76
Gross Profit	352.17	343.92	364.2	161.25
Selling, General & Admin	96.2	90.21	94.69	72.75
Other Operating Expenses	-0.19	-0.04	-0.03	-
Operating Expenses	96.2	90.36	94.76	72.75
Operating Income	255.96	253.56	269.44	88.5
Interest Expense	-48.47	-48.25	-35.82	-6.92
Interest & Investment Income	6.23	3.99	1.34	0.2
Other Non Operating Income (Expenses)	0	-	-	0.11
EBT Excluding Unusual Items	213.73	209.3	234.97	81.89
Gain (Loss) on Sale of Assets	0.01	0.01	0.67	-
Pretax Income	213.74	209.31	235.64	81.89
Income Tax Expense	7.67	7.5	2.63	2.38
Net Income	206.07	201.81	233.01	79.51
Net Income to Common	206.07	201.81	233.01	79.51
Net Income Growth	-11.56%	-13.39%	193.04%	-
Shares Outstanding (Basic)	82	82	82	82
Shares Outstanding (Diluted)	82	82	82	82
Shares Change (YoY)	-0.26%	-	-	-
EPS (Basic)	2.52	2.47	2.85	0.97
EPS (Diluted)	2.52	2.47	2.85	0.97
EPS Growth	-11.33%	-13.39%	193.04%	-
Free Cash Flow	199.02	179.82	321.47	136.8
Free Cash Flow Per Share	2.44	2.20	3.93	1.67
Dividend Per Share	1.000	1.000	-	-
Gross Margin	36.40%	36.64%	37.24%	29.05%
Operating Margin	26.46%	27.01%	27.55%	15.95%
Profit Margin	21.30%	21.50%	23.83%	14.33%
Free Cash Flow Margin	20.57%	19.16%	32.87%	24.65%
EBITDA	303.62	300.36	312.09	130.53
EBITDA Margin	31.38%	32.00%	31.91%	23.52%
D&A For EBITDA	47.65	46.81	42.65	42.03
EBIT	255.96	253.56	269.44	88.5
EBIT Margin	26.46%	27.01%	27.55%	15.95%
Effective Tax Rate	3.59%	3.58%	1.11%	2.90%

Source: S&P Capital IQ. Standard template. Financial Sources.