Fourth Milling Company (TADAWUL:2286)

Fourth Milling Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	669.52	660.41	617.48	558.09	578.32	336.3
Revenue Growth (YoY)	8.33%	6.95%	10.64%	-3.50%	71.97%	-2.59%
Cost of Revenue	357.3	355.46	336.19	313.26	316.57	230.54
Gross Profit	312.22	304.94	281.29	244.83	261.75	105.76
Selling, General & Admin	97.09	93.43	83.14	81	70.31	41.9
Other Operating Expenses	-	-	-	3.8	-	-
Operating Expenses	97.63	93.15	82.92	84.79	70.31	41.9
Operating Income	214.59	211.79	198.37	160.04	191.44	63.86
Interest Expense	-10.94	-11.11	-11.43	-7.88	-14.93	-15.29
Interest & Investment Income	9.95	9.89	7.28	5.53	-	-
Other Non Operating Income (Expenses)	1.16	1.17	-8.08	-	2.26	1.7
Pretax Income	214.75	211.74	186.13	157.68	178.77	50.27
Income Tax Expense	13.34	10.95	15.2	14.87	13.85	0.21
Net Income	201.41	200.79	170.93	142.82	164.92	50.06
Net Income to Common	201.41	200.79	170.93	142.82	164.92	50.06
Net Income Growth	15.09%	17.47%	19.69%	-13.40%	229.43%	12.38%
Shares Outstanding (Basic)	540	540	540	540	474	474
Shares Outstanding (Diluted)	540	540	540	540	474	474
Shares Change (YoY)	-	-	-	13.95%	-	-
EPS (Basic)	0.37	0.37	0.32	0.26	0.35	0.11
EPS (Diluted)	0.37	0.37	0.32	0.26	0.35	0.11
EPS Growth	15.09%	17.47%	19.69%	-24.00%	229.43%	12.38%
Free Cash Flow	155.73	156.4	248.31	157.95	230.89	38.94
Free Cash Flow Per Share	0.29	0.29	0.46	0.29	0.49	0.08
Dividend Per Share	0.240	0.240	0.220	-	-	-
Dividend Growth	9.09%	9.09%	-	-	-	-
Gross Margin	46.63%	46.17%	45.55%	43.87%	45.26%	31.45%
Operating Margin	32.05%	32.07%	32.13%	28.68%	33.10%	18.99%
Profit Margin	30.08%	30.40%	27.68%	25.59%	28.52%	14.89%
Free Cash Flow Margin	23.26%	23.68%	40.21%	28.30%	39.92%	11.58%
EBITDA	252.99	249.28	234.46	195.53	223.53	94.19
EBITDA Margin	37.79%	37.75%	37.97%	35.03%	38.65%	28.01%
D&A For EBITDA	38.4	37.49	36.09	35.49	32.09	30.33
EBIT	214.59	211.79	198.37	160.04	191.44	63.86
EBIT Margin	32.05%	32.07%	32.13%	28.68%	33.10%	18.99%
Effective Tax Rate	6.21%	5.17%	8.17%	9.43%	7.75%	0.41%

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