Artex Industrial Investment Company (TADAWUL:2340)

TADAWUL:2340 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	568.33	562.17	522.61	647.5	641.52	466.09
Revenue Growth (YoY)	4.89%	7.57%	-19.29%	0.93%	37.64%	-22.38%
Cost of Revenue	549.5	551.69	533.32	639.91	622.74	435.8
Gross Profit	18.83	10.48	-10.71	7.6	18.78	30.29
Selling, General & Admin	35.09	44.97	37.01	44.9	44.84	36.84
Other Operating Expenses	0.25	-4.47	-5.4	-4.03	-4.49	-6.89
Operating Expenses	35.34	40.49	31.62	40.86	40.36	29.94
Operating Income	-16.51	-30.02	-42.33	-33.26	-21.57	0.35
Interest Expense	-11.45	-16.05	-14.97	-6.24	-2.71	-3.73
Interest & Investment Income	0.08	4.12	0.1	0.08	0.41	0.55
Other Non Operating Income (Expenses)	-100	-100	-	-	-	-
EBT Excluding Unusual Items	-127.88	-141.95	-57.2	-39.43	-23.88	-2.83
Gain (Loss) on Sale of Investments	-0.07	-0.3	0.23	1.02	0.2	0.31
Gain (Loss) on Sale of Assets	16.72	16.72	1.99	0.55	1.25	0.15
Pretax Income	-111.23	-125.52	-54.98	-37.87	-22.43	-2.37
Income Tax Expense	22.9	18.93	19.81	20	25.32	22.46
Net Income	-134.13	-144.45	-74.79	-57.87	-47.75	-24.83
Net Income to Common	-134.13	-144.45	-74.79	-57.87	-47.75	-24.83
Shares Outstanding (Basic)	80	81	81	81	81	81
Shares Outstanding (Diluted)	80	81	81	81	81	81
EPS (Basic)	-1.69	-1.78	-0.92	-0.71	-0.59	-0.31
EPS (Diluted)	-1.69	-1.78	-0.92	-0.71	-0.59	-0.31
Free Cash Flow	-38.95	-38.34	-28.62	-57.89	-88.87	83.34
Free Cash Flow Per Share	-0.49	-0.47	-0.35	-0.71	-1.09	1.03
Gross Margin	3.31%	1.86%	-2.05%	1.17%	2.93%	6.50%
Operating Margin	-2.90%	-5.34%	-8.10%	-5.14%	-3.36%	0.07%
Profit Margin	-23.60%	-25.70%	-14.31%	-8.94%	-7.44%	-5.33%
Free Cash Flow Margin	-6.85%	-6.82%	-5.48%	-8.94%	-13.85%	17.88%
EBITDA	25.68	14.49	5.47	13.6	26.04	49.92
EBITDA Margin	4.52%	2.58%	1.05%	2.10%	4.06%	10.71%
D&A For EBITDA	42.19	44.51	47.8	46.86	47.62	49.57
EBIT	-16.51	-30.02	-42.33	-33.26	-21.57	0.35
EBIT Margin	-2.90%	-5.34%	-8.10%	-5.14%	-3.36%	0.07%

Updated Nov 5, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.