Fourth Milling Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	629.03	558.09	578.32	336.3	345.24
Revenue Growth (YoY)	12.71%	-3.50%	71.97%	-2.59%	-
Cost of Revenue	336.17	313.26	316.57	230.54	244.02
Gross Profit	292.85	244.83	261.75	105.76	101.23
Selling, General & Admin	94.48	81	70.31	41.9	46.22
Other Operating Expenses	3.3	3.8	-	-	-
Operating Expenses	97.79	84.79	70.31	41.9	46.22
Operating Income	195.07	160.04	191.44	63.86	55
Interest Expense	-11.43	-7.88	-14.93	-15.29	-12.52
Interest & Investment Income	7.28	5.53	-	-	-
Other Non Operating Income (Expenses)	-	-	2.26	1.7	2.06
EBT Excluding Unusual Items	190.91	157.68	178.77	50.27	44.55
Gain (Loss) on Sale of Assets	-0.37	-	-	-	-
Asset Writedown	-4.4	-	-	-	-
Pretax Income	186.13	157.68	178.77	50.27	44.55
Income Tax Expense	15.2	14.87	13.85	0.21	-
Net Income	170.93	142.82	164.92	50.06	44.55
Net Income to Common	170.93	142.82	164.92	50.06	44.55
Net Income Growth	19.69%	-13.40%	229.43%	12.38%	-
Shares Outstanding (Basic)	540	540	474	474	474
Shares Outstanding (Diluted)	540	540	474	474	474
Shares Change (YoY)	-	13.95%	-	-	-
EPS (Basic)	0.32	0.26	0.35	0.11	0.09
EPS (Diluted)	0.32	0.26	0.35	0.11	0.09
EPS Growth	19.69%	-24.00%	229.43%	12.38%	-
Free Cash Flow	248.31	157.95	230.89	38.94	7.13
Free Cash Flow Per Share	0.46	0.29	0.49	0.08	0.01
Dividend Per Share	0.220	-	-	-	-
Gross Margin	46.56%	43.87%	45.26%	31.45%	29.32%
Operating Margin	31.01%	28.68%	33.10%	18.99%	15.93%
Profit Margin	27.17%	25.59%	28.52%	14.89%	12.90%
Free Cash Flow Margin	39.48%	28.30%	39.92%	11.58%	2.07%
EBITDA	231.15	195.53	223.53	94.19	84.33
EBITDA Margin	36.75%	35.03%	38.65%	28.01%	24.43%
D&A For EBITDA	36.09	35.49	32.09	30.33	29.33
EBIT	195.07	160.04	191.44	63.86	55
EBIT Margin	31.01%	28.68%	33.10%	18.99%	15.93%
Effective Tax Rate	8.17%	9.43%	7.75%	0.41%	-

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