TADAWUL:2340 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	543.07	563.98	562.17	522.61	647.5	641.52
Revenue Growth (YoY)	-7.01%	0.32%	7.57%	-19.29%	0.93%	37.64%
Cost of Revenue	497.84	519.83	551.86	533.32	639.91	622.74
Gross Profit	45.23	44.16	10.31	-10.71	7.6	18.78
Selling, General & Admin	30.85	31.63	37.89	37.01	44.9	44.84
Other Operating Expenses	-4.87	-4.67	-4.56	-5.4	-4.03	-4.49
Operating Expenses	33.12	34.1	39.33	31.62	40.86	40.36
Operating Income	12.11	10.06	-29.02	-42.33	-33.26	-21.57
Interest Expense	-15.02	-14.9	-16.05	-14.97	-6.24	-2.71
Interest & Investment Income	0.06	0.08	0.12	0.1	0.08	0.41
Earnings From Equity Investments	27.93	27.61	19.34	-	-	-
Other Non Operating Income (Expenses)	-14.92	-14.92	-101	-	-	-
EBT Excluding Unusual Items	10.16	7.93	-126.61	-57.2	-39.43	-23.88
Gain (Loss) on Sale of Investments	0.04	-0.26	-0.3	0.23	1.02	0.2
Gain (Loss) on Sale of Assets	43.01	43.01	16.72	1.99	0.55	1.25
Pretax Income	53.21	50.69	-110.18	-54.98	-37.87	-22.43
Income Tax Expense	29.37	29.37	18.93	19.81	20	25.32
Net Income	23.84	21.32	-129.12	-74.79	-57.87	-47.75
Net Income to Common	23.84	21.32	-129.12	-74.79	-57.87	-47.75
Shares Outstanding (Basic)	81	81	81	81	81	81
Shares Outstanding (Diluted)	81	81	81	81	81	81
EPS (Basic)	0.29	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.29	0.26	-1.59	-0.92	-0.71	-0.59
Free Cash Flow	-77.27	-21.16	-38.34	-28.62	-57.89	-88.87
Free Cash Flow Per Share	-0.95	-0.26	-0.47	-0.35	-0.71	-1.09
Gross Margin	8.33%	7.83%	1.83%	-2.05%	1.17%	2.93%
Operating Margin	2.23%	1.78%	-5.16%	-8.10%	-5.14%	-3.36%
Profit Margin	4.39%	3.78%	-22.97%	-14.31%	-8.94%	-7.44%
Free Cash Flow Margin	-14.23%	-3.75%	-6.82%	-5.48%	-8.94%	-13.85%
EBITDA	47.26	47.13	15.49	5.47	13.6	26.04
EBITDA Margin	8.70%	8.36%	2.76%	1.05%	2.10%	4.06%
D&A For EBITDA	35.15	37.07	44.51	47.8	46.86	47.62
EBIT	12.11	10.06	-29.02	-42.33	-33.26	-21.57
EBIT Margin	2.23%	1.78%	-5.16%	-8.10%	-5.14%	-3.36%
Effective Tax Rate	55.19%	57.94%	-	-	-	-

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