Fourth Milling Company (TADAWUL:2286)

Fourth Milling Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	660.41	617.48	558.09	578.32	336.3
Revenue Growth (YoY)	6.95%	10.64%	-3.50%	71.97%	-2.59%
Cost of Revenue	355.46	336.19	313.26	316.57	230.54
Gross Profit	304.94	281.29	244.83	261.75	105.76
Selling, General & Admin	93.43	83.14	81	70.31	41.9
Other Operating Expenses	-	-	3.8	-	-
Operating Expenses	93.15	82.92	84.79	70.31	41.9
Operating Income	211.79	198.37	160.04	191.44	63.86
Interest Expense	-11.11	-11.43	-7.88	-14.93	-15.29
Interest & Investment Income	9.89	7.28	5.53	-	-
Other Non Operating Income (Expenses)	1.17	-8.08	-	2.26	1.7
Pretax Income	211.74	186.13	157.68	178.77	50.27
Income Tax Expense	10.95	15.2	14.87	13.85	0.21
Net Income	200.79	170.93	142.82	164.92	50.06
Net Income to Common	200.79	170.93	142.82	164.92	50.06
Net Income Growth	17.47%	19.69%	-13.40%	229.43%	12.38%
Shares Outstanding (Basic)	540	540	540	474	474
Shares Outstanding (Diluted)	540	540	540	474	474
Shares Change (YoY)	-	-	13.95%	-	-
EPS (Basic)	0.37	0.32	0.26	0.35	0.11
EPS (Diluted)	0.37	0.32	0.26	0.35	0.11
EPS Growth	17.47%	19.69%	-24.00%	229.43%	12.38%
Free Cash Flow	156.4	248.31	157.95	230.89	38.94
Free Cash Flow Per Share	0.29	0.46	0.29	0.49	0.08
Dividend Per Share	0.240	0.220	-	-	-
Dividend Growth	9.09%	-	-	-	-
Gross Margin	46.17%	45.55%	43.87%	45.26%	31.45%
Operating Margin	32.07%	32.13%	28.68%	33.10%	18.99%
Profit Margin	30.40%	27.68%	25.59%	28.52%	14.89%
Free Cash Flow Margin	23.68%	40.21%	28.30%	39.92%	11.58%
EBITDA	249.28	234.46	195.53	223.53	94.19
EBITDA Margin	37.75%	37.97%	35.03%	38.65%	28.01%
D&A For EBITDA	37.49	36.09	35.49	32.09	30.33
EBIT	211.79	198.37	160.04	191.44	63.86
EBIT Margin	32.07%	32.13%	28.68%	33.10%	18.99%
Effective Tax Rate	5.17%	8.17%	9.43%	7.75%	0.41%

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