TADAWUL:2370 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	1,482	1,144	926.88	814.4	516.5
Revenue Growth (YoY)	29.56%	23.41%	13.81%	57.67%	-1.73%
Cost of Revenue	1,245	943.66	775.2	739.86	464.96
Gross Profit	237.09	200.25	151.68	74.54	51.55
Selling, General & Admin	100.84	80.57	71.74	51.16	64.85
Other Operating Expenses	-	-	1.2	4.25	1.02
Operating Expenses	104.03	83.52	75.34	48.96	57.67
Operating Income	133.06	116.73	76.34	25.57	-6.12
Interest Expense	-9.9	-3.5	-4.37	-3.54	-3.26
Other Non Operating Income (Expenses)	-7.98	-8.24	-6.44	-2.66	-0.6
EBT Excluding Unusual Items	115.18	104.99	65.53	19.37	-9.97
Asset Writedown	-	-0.21	-	-0.28	-0.22
Pretax Income	115.18	104.78	65.53	19.09	-10.19
Income Tax Expense	13.52	13.78	16.6	30.88	12.52
Earnings From Continuing Operations	101.66	91	48.94	-11.79	-22.72
Net Income to Company	101.66	91	48.94	-11.79	-22.72
Net Income	101.66	91	48.94	-11.79	-22.72
Net Income to Common	101.66	91	48.94	-11.79	-22.72
Net Income Growth	11.72%	85.96%	-	-	-
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	2.54	2.27	1.22	-0.29	-0.57
EPS (Diluted)	2.54	2.27	1.22	-0.29	-0.57
EPS Growth	11.72%	85.96%	-	-	-
Free Cash Flow	-14.91	-72.23	68.83	-46.6	51.95
Free Cash Flow Per Share	-0.37	-1.81	1.72	-1.17	1.30
Dividend Per Share	1.000	-	-	-	-
Gross Margin	16.00%	17.51%	16.36%	9.15%	9.98%
Operating Margin	8.98%	10.21%	8.24%	3.14%	-1.19%
Profit Margin	6.86%	7.95%	5.28%	-1.45%	-4.40%
Free Cash Flow Margin	-1.01%	-6.31%	7.43%	-5.72%	10.06%
EBITDA	154.01	135.77	94.17	43.3	11.97
EBITDA Margin	10.39%	11.87%	10.16%	5.32%	2.32%
D&A For EBITDA	20.94	19.04	17.83	17.73	18.09
EBIT	133.06	116.73	76.34	25.57	-6.12
EBIT Margin	8.98%	10.21%	8.24%	3.14%	-1.19%
Effective Tax Rate	11.74%	13.15%	25.32%	161.75%	-
Advertising Expenses	3.29	2.98	1.78	1.49	0.14

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