Al-Babtain Power and Telecommunications Company (TADAWUL: 2320)

Al-Babtain Power and Telecommunications Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,685	2,490	2,197	1,502	1,387	1,349
Revenue Growth (YoY)	2.23%	13.36%	46.26%	8.29%	2.86%	47.67%
Cost of Revenue	2,231	2,094	1,929	1,307	1,185	1,162
Gross Profit	453.58	396.96	268.09	194.78	202.56	186.47
Selling, General & Admin	132.69	122.49	114.81	105.59	103.5	94.22
Other Operating Expenses	-43.1	-43	-42.18	-	-30.34	-
Operating Expenses	94	80.97	88.64	100.62	65.88	76.96
Operating Income	359.58	315.99	179.45	94.17	136.69	109.51
Interest Expense	-98.14	-91.19	-69.66	-36.38	-34.81	-33.82
Interest & Investment Income	3.94	2.76	7.74	3.88	9	3.57
Earnings From Equity Investments	-1.06	-1.58	-5.14	5.52	-3.01	1.04
Currency Exchange Gain (Loss)	-11.43	-3.27	-11.58	-	5.73	-
Other Non Operating Income (Expenses)	-43.15	-48.65	-4.21	3.32	-	29.37
EBT Excluding Unusual Items	209.75	174.06	96.6	70.51	113.59	109.67
Gain (Loss) on Sale of Investments	4.22	4.45	-12.33	-	-	-
Gain (Loss) on Sale of Assets	47.89	0.15	-0	0.08	0.52	0.06
Pretax Income	261.86	178.66	84.27	70.59	114.11	109.73
Income Tax Expense	30.76	35.67	33.82	19.37	30.71	19.22
Earnings From Continuing Operations	231.1	142.99	50.45	51.22	83.4	90.5
Minority Interest in Earnings	-7.08	-1.49	2.18	-0.19	-3.09	-4.5
Net Income	224.02	141.49	52.63	51.03	80.31	86.01
Net Income to Common	224.02	141.49	52.63	51.03	80.31	86.01
Net Income Growth	99.42%	168.84%	3.14%	-36.46%	-6.63%	23.32%
Shares Outstanding (Basic)	64	64	64	64	64	64
Shares Outstanding (Diluted)	64	64	64	64	64	64
EPS (Basic)	3.50	2.21	0.82	0.80	1.26	1.35
EPS (Diluted)	3.50	2.21	0.82	0.80	1.26	1.35
EPS Growth	99.42%	168.84%	3.14%	-36.46%	-6.63%	23.32%
Free Cash Flow	539.93	209.59	-164.59	-233.62	-95.19	-147.39
Free Cash Flow Per Share	8.44	3.28	-2.57	-3.65	-1.49	-2.30
Dividend Per Share	1.500	1.000	0.333	0.333	0.667	0.667
Dividend Growth	350.05%	200.03%	0%	-50.01%	0%	-
Gross Margin	16.90%	15.94%	12.20%	12.97%	14.60%	13.83%
Operating Margin	13.39%	12.69%	8.17%	6.27%	9.85%	8.12%
Profit Margin	8.34%	5.68%	2.40%	3.40%	5.79%	6.38%
Free Cash Flow Margin	20.11%	8.42%	-7.49%	-15.55%	-6.86%	-10.93%
EBITDA	388.82	345.33	207.4	121.43	166.74	132.06
EBITDA Margin	14.48%	13.87%	9.44%	8.08%	12.02%	9.79%
D&A For EBITDA	29.23	29.34	27.95	27.26	30.06	22.55
EBIT	359.58	315.99	179.45	94.17	136.69	109.51
EBIT Margin	13.39%	12.69%	8.17%	6.27%	9.85%	8.12%
Effective Tax Rate	11.75%	19.97%	40.13%	27.45%	26.91%	17.52%
Advertising Expenses	-	0.59	0.57	0.17	0.24	0.39

Source: S&P Capital IQ. Standard template. Financial Sources.