TADAWUL:2310 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	6,981	7,061	7,618	10,254	9,687	5,323
Revenue Growth (YoY)	-5.17%	-7.32%	-25.70%	5.85%	81.98%	-2.15%
Cost of Revenue	6,131	5,621	5,449	5,415	4,344	4,150
Gross Profit	849.8	1,439	2,168	4,839	5,342	1,173
Selling, General & Admin	899.06	833.55	769.11	802.13	895.43	824.36
Other Operating Expenses	-53	-53	-	-	-	-
Operating Expenses	846.06	780.55	769.11	802.13	895.43	824.36
Operating Income	3.74	658.94	1,399	4,037	4,447	348.58
Interest Expense	-44.31	-104.87	-167.95	-167.09	-185.07	-220.51
Interest & Investment Income	30.64	54.59	89.25	51.28	29.63	26.11
Earnings From Equity Investments	36.42	-150.61	51.55	364.8	479.76	-33.76
Other Non Operating Income (Expenses)	1.78	-10.02	-7.94	-101.36	-153.78	293.45
EBT Excluding Unusual Items	28.27	448.03	1,364	4,184	4,617	413.88
Asset Writedown	-300	-	-	-	-160	-280
Other Unusual Items	-	-	-	-	-	51.1
Pretax Income	-324.73	448.03	1,364	4,184	4,457	184.98
Income Tax Expense	60.61	-18.19	7.93	231.1	449.06	127.8
Earnings From Continuing Operations	-385.34	466.22	1,356	3,953	4,008	57.17
Minority Interest in Earnings	-37.23	-40.08	-181.35	-357.78	-416.55	118.69
Net Income	-422.57	426.14	1,175	3,595	3,592	175.86
Net Income to Common	-422.57	426.14	1,175	3,595	3,592	175.86
Net Income Growth	-	-63.73%	-67.32%	0.10%	1942.41%	-41.29%
Shares Outstanding (Basic)	725	725	725	725	727	728
Shares Outstanding (Diluted)	725	733	733	733	733	728
Shares Change (YoY)	-1.12%	-	-	-	0.71%	25.42%
EPS (Basic)	-0.58	0.59	1.62	4.96	4.94	0.24
EPS (Diluted)	-0.58	0.58	1.60	4.90	4.90	0.24
EPS Growth	-	-63.75%	-67.35%	-	1928.85%	-53.19%
Free Cash Flow	674.56	716.74	1,610	4,735	4,516	1,102
Free Cash Flow Per Share	0.93	0.98	2.20	6.46	6.16	1.51
Dividend Per Share	1.000	1.000	2.000	3.250	2.250	0.500
Dividend Growth	-20.00%	-50.00%	-38.46%	44.44%	350.00%	-16.67%
Gross Margin	12.17%	20.39%	28.46%	47.19%	55.15%	22.04%
Operating Margin	0.05%	9.33%	18.37%	39.37%	45.91%	6.55%
Profit Margin	-6.05%	6.04%	15.42%	35.06%	37.08%	3.30%
Free Cash Flow Margin	9.66%	10.15%	21.14%	46.17%	46.62%	20.70%
EBITDA	880.77	1,497	2,264	4,919	5,250	1,239
EBITDA Margin	12.62%	21.20%	29.72%	47.97%	54.20%	23.28%
D&A For EBITDA	877.04	837.81	864.54	882.16	802.99	890.45
EBIT	3.74	658.94	1,399	4,037	4,447	348.58
EBIT Margin	0.05%	9.33%	18.37%	39.37%	45.91%	6.55%
Effective Tax Rate	-	-	0.58%	5.52%	10.07%	69.09%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.