Middle East Specialized Cables Company (TADAWUL:2370)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
31.80
+0.36 (1.15%)
Jul 23, 2026, 3:19 PM AST

TADAWUL:2370 Financials Overview

Millions SAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6051,4821,144926.88814.4516.5
Revenue Growth
34.73%29.56%23.41%13.81%57.67%-1.73%
Gross Profit
263.46237.09200.25151.6874.5451.55
Operating Income
149.56133.06116.7376.3425.57-6.12
Net Income
115.04101.669148.94-11.79-22.72
Earnings Per Share
2.882.542.271.22-0.29-0.57
EPS Growth
36.57%11.72%85.96%---

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Kingdom of Saudi Arabia
972.56913.34770.3617.45557.39383.12
United Arab Emirates
786.45699.01439.57376.94312.61159.24
Intersegment Eliminations
-153.54-130.34-65.95-67.51-55.61-25.86
Total
1,6051,4821,144926.88814.4516.5

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
28.4639.5419.2820.9843.568.03
Total Debt
262.79183.6992.3616.11106.5483.4
Net Cash (Debt)
-234.34-144.14-73.084.87-63.04-15.37
Net Cash Growth
------
Net Cash Per Share
-5.86-3.60-1.830.12-1.58-0.38

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-56.875.05-45.4681.61-43.3462.61
Capital Expenditures
-20.5-19.96-26.77-12.78-3.26-10.66
Free Cash Flow
-77.37-14.91-72.2368.83-46.651.95
Free Cash Flow Growth
-----40.14%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
16.41%16.00%17.51%16.36%9.15%9.98%
Operating Margin
9.32%8.98%10.21%8.24%3.14%-1.19%
Pretax Margin
8.01%7.77%9.16%7.07%2.34%-1.97%
Profit Margin
7.17%6.86%7.95%5.28%-1.45%-4.40%
FCF Margin
-4.82%-1.01%-6.31%7.43%-5.72%10.06%

Dividends

Fiscal YearCurrentFY 2025
Period EndingJul '26 Dec '25
Dividend Per Share
1.0001.000
Dividend Per Share Growth
120.00%-
Dividend Yield
3.14%4.80%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.068.3719.0818.26--
Forward PE
-15.1915.1915.1915.1915.19
P/FCF Ratio
---12.98-15.58
PS Ratio
0.790.571.520.960.491.57