TADAWUL:2340 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	563.98	562.17	522.61	647.5	641.52
Revenue Growth (YoY)	0.32%	7.57%	-19.29%	0.93%	37.64%
Cost of Revenue	519.83	551.86	533.32	639.91	622.74
Gross Profit	44.16	10.31	-10.71	7.6	18.78
Selling, General & Admin	31.63	37.89	37.01	44.9	44.84
Other Operating Expenses	-4.67	-4.56	-5.4	-4.03	-4.49
Operating Expenses	34.1	39.33	31.62	40.86	40.36
Operating Income	10.06	-29.02	-42.33	-33.26	-21.57
Interest Expense	-14.9	-16.05	-14.97	-6.24	-2.71
Interest & Investment Income	0.08	0.12	0.1	0.08	0.41
Earnings From Equity Investments	27.61	19.34	-	-	-
Other Non Operating Income (Expenses)	-14.92	-101	-	-	-
EBT Excluding Unusual Items	7.93	-126.61	-57.2	-39.43	-23.88
Gain (Loss) on Sale of Investments	-0.26	-0.3	0.23	1.02	0.2
Gain (Loss) on Sale of Assets	43.01	16.72	1.99	0.55	1.25
Pretax Income	50.69	-110.18	-54.98	-37.87	-22.43
Income Tax Expense	29.37	18.93	19.81	20	25.32
Net Income	21.32	-129.12	-74.79	-57.87	-47.75
Net Income to Common	21.32	-129.12	-74.79	-57.87	-47.75
Shares Outstanding (Basic)	81	81	81	81	81
Shares Outstanding (Diluted)	81	81	81	81	81
EPS (Basic)	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.26	-1.59	-0.92	-0.71	-0.59
Free Cash Flow	-21.16	-38.34	-28.62	-57.89	-88.87
Free Cash Flow Per Share	-0.26	-0.47	-0.35	-0.71	-1.09
Gross Margin	7.83%	1.83%	-2.05%	1.17%	2.93%
Operating Margin	1.78%	-5.16%	-8.10%	-5.14%	-3.36%
Profit Margin	3.78%	-22.97%	-14.31%	-8.94%	-7.44%
Free Cash Flow Margin	-3.75%	-6.82%	-5.48%	-8.94%	-13.85%
EBITDA	47.13	15.49	5.47	13.6	26.04
EBITDA Margin	8.36%	2.76%	1.05%	2.10%	4.06%
D&A For EBITDA	37.07	44.51	47.8	46.86	47.62
EBIT	10.06	-29.02	-42.33	-33.26	-21.57
EBIT Margin	1.78%	-5.16%	-8.10%	-5.14%	-3.36%
Effective Tax Rate	57.94%	-	-	-	-

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