TADAWUL:2288 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	429.6	365.06	308.19	270.2	196.62
Revenue Growth (YoY)	17.68%	18.45%	14.06%	37.42%	277.84%
Cost of Revenue	167.24	142.38	128.62	126.05	98.81
Gross Profit	262.37	222.68	179.57	144.15	97.81
Selling, General & Admin	206.2	172.79	136.97	111.35	72.18
Operating Expenses	206.64	172.86	137.01	111.43	72.91
Operating Income	55.73	49.81	42.56	32.72	24.9
Interest Expense	-2.67	-1.8	-1.04	-0.92	-0.76
Interest & Investment Income	0.19	4.06	1.65	-	-
Other Non Operating Income (Expenses)	0.97	0.96	1.42	0.82	4.34
EBT Excluding Unusual Items	54.21	53.04	44.59	32.63	28.47
Merger & Restructuring Charges	-	-	-	-	-0.2
Gain (Loss) on Sale of Investments	4.01	-	-	-	-
Gain (Loss) on Sale of Assets	-0.01	-0	-0.14	-0.25	-0.68
Pretax Income	58.21	53.04	44.44	32.37	27.59
Income Tax Expense	1.46	1.4	1.77	0.89	0.74
Net Income	56.74	51.64	42.67	31.49	26.85
Net Income to Common	56.74	51.64	42.67	31.49	26.85
Net Income Growth	9.89%	21.01%	35.52%	17.28%	415.44%
Shares Outstanding (Basic)	95	96	96	96	16
Shares Outstanding (Diluted)	95	96	96	96	16
Shares Change (YoY)	-0.31%	-0.46%	-	495.76%	-
EPS (Basic)	0.60	0.54	0.44	0.33	1.67
EPS (Diluted)	0.60	0.54	0.44	0.33	1.67
EPS Growth	10.23%	21.57%	35.52%	-80.31%	415.44%
Free Cash Flow	45.01	48.04	55.7	34	13.05
Free Cash Flow Per Share	0.47	0.50	0.58	0.35	0.81
Dividend Per Share	-	0.125	0.100	0.050	-
Dividend Growth	-	25.00%	100.00%	-	-
Gross Margin	61.07%	61.00%	58.27%	53.35%	49.74%
Operating Margin	12.97%	13.65%	13.81%	12.11%	12.66%
Profit Margin	13.21%	14.14%	13.85%	11.65%	13.66%
Free Cash Flow Margin	10.48%	13.16%	18.07%	12.58%	6.64%
EBITDA	68.92	61.45	51.92	40.58	29.37
EBITDA Margin	16.04%	16.83%	16.85%	15.02%	14.94%
D&A For EBITDA	13.2	11.64	9.36	7.86	4.47
EBIT	55.73	49.81	42.56	32.72	24.9
EBIT Margin	12.97%	13.65%	13.81%	12.11%	12.66%
Effective Tax Rate	2.52%	2.65%	3.99%	2.74%	2.67%
Advertising Expenses	-	-	-	4.12	14.35

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