TADAWUL:2350 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	8,459	8,726	8,171	11,157	12,656
Revenue Growth (YoY)	-3.06%	6.80%	-26.77%	-11.85%	58.06%
Cost of Revenue	9,353	9,345	8,929	11,254	9,099
Gross Profit	-893.86	-618.59	-758.75	-96.84	3,558
Selling, General & Admin	843.81	768.24	655.61	762.59	747.22
Other Operating Expenses	45.3	-9.96	-13.92	-3.93	20.35
Operating Expenses	889.11	758.28	641.7	758.67	767.57
Operating Income	-1,783	-1,377	-1,400	-855.51	2,790
Interest Expense	-605.68	-663.17	-674.56	-357.78	-253.45
Interest & Investment Income	6.95	27.15	23.26	22.58	6.01
Currency Exchange Gain (Loss)	8.03	-	-1.44	-0.19	-0.23
Other Non Operating Income (Expenses)	-0.94	-1.2	-0.66	-1.7	-5.02
EBT Excluding Unusual Items	-2,375	-2,014	-2,054	-1,193	2,537
Asset Writedown	-18.53	-45.8	-5.16	-24.97	-22.33
Other Unusual Items	-	0.08	-70.72	-	-
Pretax Income	-2,286	-1,807	-2,130	-1,218	2,515
Income Tax Expense	8.14	-3.4	6.75	26.31	124.46
Net Income	-2,294	-1,804	-2,136	-1,244	2,391
Net Income to Common	-2,294	-1,804	-2,136	-1,244	2,391
Shares Outstanding (Basic)	1,500	1,500	1,500	1,500	1,500
Shares Outstanding (Diluted)	1,500	1,500	1,500	1,500	1,500
EPS (Basic)	-1.53	-1.20	-1.42	-0.83	1.59
EPS (Diluted)	-1.53	-1.20	-1.42	-0.83	1.59
Free Cash Flow	-950.52	1,420	103.46	2,826	3,406
Free Cash Flow Per Share	-0.63	0.95	0.07	1.88	2.27
Gross Margin	-10.57%	-7.09%	-9.29%	-0.87%	28.11%
Operating Margin	-21.08%	-15.78%	-17.14%	-7.67%	22.05%
Profit Margin	-27.12%	-20.67%	-26.15%	-11.15%	18.89%
Free Cash Flow Margin	-11.24%	16.27%	1.27%	25.33%	26.91%
EBITDA	552.51	1,029	1,008	1,488	5,136
EBITDA Margin	6.53%	11.79%	12.34%	13.34%	40.58%
D&A For EBITDA	2,335	2,406	2,408	2,344	2,345
EBIT	-1,783	-1,377	-1,400	-855.51	2,790
EBIT Margin	-21.08%	-15.78%	-17.14%	-7.67%	22.05%
Effective Tax Rate	-	-	-	-	4.95%

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