Fourth Milling Company (TADAWUL: 2286)

Fourth Milling Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	617.23	565.64	578.32	336.3	345.24
Revenue Growth (YoY)	6.73%	-2.19%	71.97%	-2.59%	-
Cost of Revenue	325.56	307.52	316.57	230.54	244.02
Gross Profit	291.68	258.11	261.75	105.76	101.23
Selling, General & Admin	105.12	94.28	70.31	41.9	46.22
Other Operating Expenses	3.8	3.8	-	-	-
Operating Expenses	108.91	98.08	70.31	41.9	46.22
Operating Income	182.76	160.04	191.44	63.86	55
Interest Expense	-10.55	-7.88	-14.93	-15.29	-12.52
Other Non Operating Income (Expenses)	9.36	5.53	2.26	1.7	2.06
Pretax Income	178.59	157.68	178.77	50.27	44.55
Income Tax Expense	14.59	14.87	13.85	0.21	-
Net Income	163.99	142.82	164.92	50.06	44.55
Net Income to Common	163.99	142.82	164.92	50.06	44.55
Net Income Growth	-0.56%	-13.40%	229.43%	12.38%	-
Shares Outstanding (Basic)	474	474	474	474	474
Shares Outstanding (Diluted)	540	540	474	474	474
Shares Change (YoY)	13.95%	13.95%	-	-	-
EPS (Basic)	0.35	0.30	0.35	0.11	0.09
EPS (Diluted)	0.30	0.27	0.35	0.11	0.09
EPS Growth	-12.58%	-23.85%	229.43%	12.38%	-
Free Cash Flow	257.84	157.95	230.89	38.94	7.13
Free Cash Flow Per Share	0.48	0.29	0.49	0.08	0.02
Gross Margin	47.26%	45.63%	45.26%	31.45%	29.32%
Operating Margin	29.61%	28.29%	33.10%	18.99%	15.93%
Profit Margin	26.57%	25.25%	28.52%	14.89%	12.90%
Free Cash Flow Margin	41.77%	27.92%	39.92%	11.58%	2.07%
EBITDA	219.05	195.53	223.53	94.19	84.33
EBITDA Margin	35.49%	34.57%	38.65%	28.01%	24.43%
D&A For EBITDA	36.28	35.49	32.09	30.33	29.33
EBIT	182.76	160.04	191.44	63.86	55
EBIT Margin	29.61%	28.29%	33.10%	18.99%	15.93%
Effective Tax Rate	8.17%	9.43%	7.75%	0.41%	-

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