TADAWUL:2380 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	38,644	35,008	38,662	44,604	55,952	45,638
Revenue Growth (YoY)	-7.75%	-9.45%	-13.32%	-20.28%	22.60%	108.68%
Cost of Revenue	38,375	36,786	40,352	45,215	54,356	40,959
Gross Profit	268.93	-1,777	-1,690	-610.83	1,597	4,679
Selling, General & Admin	771.14	848.44	982.47	2,085	1,685	1,638
Other Operating Expenses	-112.87	-128.92	-105.96	-102.89	-102.15	-155.49
Operating Expenses	658.27	719.53	876.51	1,982	1,583	1,483
Operating Income	-389.35	-2,497	-2,567	-2,593	13.22	3,196
Interest Expense	-1,334	-1,468	-2,175	-2,181	-1,303	-1,076
Interest & Investment Income	49.94	50.16	20.52	27.04	280.29	175.88
Other Non Operating Income (Expenses)	-15.15	-15.15	-20.65	-36.51	-56.36	7.29
EBT Excluding Unusual Items	-1,688	-3,930	-4,742	-4,783	-1,066	2,303
Gain (Loss) on Sale of Assets	38.17	38.17	-4.34	-10.38	-0.99	-3.44
Pretax Income	-1,650	-3,892	-4,746	-4,793	-1,067	2,299
Income Tax Expense	91.51	6.7	-201.51	-100.25	47.95	262.53
Net Income	-1,742	-3,899	-4,545	-4,693	-1,115	2,037
Net Income to Common	-1,742	-3,899	-4,545	-4,693	-1,115	2,037
Shares Outstanding (Basic)	1,671	1,671	1,671	1,671	1,405	876
Shares Outstanding (Diluted)	1,671	1,671	1,671	1,671	1,405	876
Shares Change (YoY)	-	-	-	18.96%	60.31%	-
EPS (Basic)	-1.04	-2.33	-2.72	-2.81	-0.79	2.32
EPS (Diluted)	-1.04	-2.33	-2.72	-2.81	-0.79	2.32
Free Cash Flow	3,464	-1,631	3,306	-2,651	3,663	4,840
Free Cash Flow Per Share	2.07	-0.98	1.98	-1.59	2.61	5.52
Gross Margin	0.70%	-5.08%	-4.37%	-1.37%	2.85%	10.25%
Operating Margin	-1.01%	-7.13%	-6.64%	-5.81%	0.02%	7.00%
Profit Margin	-4.51%	-11.14%	-11.75%	-10.52%	-1.99%	4.46%
Free Cash Flow Margin	8.96%	-4.66%	8.55%	-5.94%	6.55%	10.61%
EBITDA	1,940	-17.82	-125.83	-129.95	2,298	5,625
EBITDA Margin	5.02%	-0.05%	-0.33%	-0.29%	4.11%	12.32%
D&A For EBITDA	2,329	2,479	2,441	2,463	2,285	2,429
EBIT	-389.35	-2,497	-2,567	-2,593	13.22	3,196
EBIT Margin	-1.01%	-7.13%	-6.64%	-5.81%	0.02%	7.00%
Effective Tax Rate	-	-	-	-	-	11.42%

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