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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	980.65	938.62	978	555.01
Revenue Growth (YoY)	1.35%	-4.03%	76.21%	-
Cost of Revenue	616.41	594.7	613.8	393.76
Gross Profit	364.24	343.92	364.2	161.25
Selling, General & Admin	99.75	90.21	94.69	72.75
Other Operating Expenses	-0.25	-0.04	-0.03	-
Operating Expenses	99.33	90.36	94.76	72.75
Operating Income	264.91	253.56	269.44	88.5
Interest Expense	-56.09	-48.25	-35.82	-6.92
Interest & Investment Income	6.09	3.99	1.34	0.2
Other Non Operating Income (Expenses)	-	-	-	0.11
EBT Excluding Unusual Items	214.91	209.3	234.97	81.89
Gain (Loss) on Sale of Assets	0.01	0.01	0.67	-
Pretax Income	214.92	209.31	235.64	81.89
Income Tax Expense	5.91	7.5	2.63	2.38
Net Income	209.01	201.81	233.01	79.51
Net Income to Common	209.01	201.81	233.01	79.51
Net Income Growth	-2.65%	-13.39%	193.04%	-
Shares Outstanding (Basic)	81	82	82	82
Shares Outstanding (Diluted)	81	82	82	82
Shares Change (YoY)	-0.51%	-	-	-
EPS (Basic)	2.57	2.47	2.85	0.97
EPS (Diluted)	2.57	2.47	2.85	0.97
EPS Growth	-2.01%	-13.39%	193.04%	-
Free Cash Flow	163.59	179.82	321.47	136.8
Free Cash Flow Per Share	2.01	2.20	3.93	1.67
Dividend Per Share	2.000	1.000	-	-
Gross Margin	37.14%	36.64%	37.24%	29.05%
Operating Margin	27.01%	27.01%	27.55%	15.95%
Profit Margin	21.31%	21.50%	23.83%	14.33%
Free Cash Flow Margin	16.68%	19.16%	32.87%	24.65%
EBITDA	313.37	300.36	312.09	130.53
EBITDA Margin	31.96%	32.00%	31.91%	23.52%
D&A For EBITDA	48.46	46.81	42.65	42.03
EBIT	264.91	253.56	269.44	88.5
EBIT Margin	27.01%	27.01%	27.55%	15.95%
Effective Tax Rate	2.75%	3.58%	1.11%	2.90%

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