Arabian Drilling Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,459	3,619	3,477	2,704	2,199	2,533
Revenue Growth (YoY)	-7.92%	4.09%	28.59%	22.95%	-13.17%	-10.01%
Cost of Revenue	2,977	2,859	2,501	1,902	1,723	2,009
Gross Profit	481.31	759.9	975.9	801.44	475.62	523.1
Selling, General & Admin	207.77	194.81	170.83	179.6	112.07	123.8
Other Operating Expenses	-16.15	-11.48	-7.07	2.7	0.16	-1.14
Operating Expenses	201.5	194.37	174.67	182.35	112.23	123.21
Operating Income	279.81	565.53	801.23	619.09	363.39	399.89
Interest Expense	-218.75	-228.41	-156.76	-91.31	-26.76	-47.02
Interest & Investment Income	2.33	21.61	47.6	27.53	1.34	0.93
Other Non Operating Income (Expenses)	-0.72	-0.72	-4.12	-3.01	-11.23	-15.7
EBT Excluding Unusual Items	62.67	358.02	687.95	552.3	326.75	338.1
Asset Writedown	105	-	-	-	-	-
Pretax Income	174.77	358.02	687.95	552.3	326.75	338.1
Income Tax Expense	31.38	36.65	83.33	-5.42	53.16	44.03
Net Income	143.39	321.36	604.61	557.72	273.58	294.07
Net Income to Common	143.39	321.36	604.61	557.72	273.58	294.07
Net Income Growth	-66.97%	-46.85%	8.41%	103.86%	-6.97%	27.63%
Shares Outstanding (Basic)	89	89	89	81	80	2
Shares Outstanding (Diluted)	89	89	89	81	80	2
Shares Change (YoY)	-	-	9.30%	1.79%	3442.96%	-97.18%
EPS (Basic)	1.61	3.61	6.79	6.85	3.42	130.24
EPS (Diluted)	1.61	3.61	6.79	6.85	3.42	130.24
EPS Growth	-66.97%	-46.85%	-0.81%	100.28%	-97.37%	4421.71%
Free Cash Flow	312.45	-110.09	-486.66	-507.15	428.59	949.64
Free Cash Flow Per Share	3.51	-1.24	-5.47	-6.23	5.36	420.57
Dividend Per Share	1.350	2.700	5.060	-	16.580	-
Dividend Growth	-65.21%	-46.64%	-	-	-	-
Gross Margin	13.92%	21.00%	28.07%	29.64%	21.63%	20.66%
Operating Margin	8.09%	15.63%	23.05%	22.90%	16.53%	15.79%
Profit Margin	4.15%	8.88%	17.39%	20.63%	12.44%	11.61%
Free Cash Flow Margin	9.03%	-3.04%	-14.00%	-18.76%	19.49%	37.50%
EBITDA	1,150	1,336	1,419	1,136	908.21	1,126
EBITDA Margin	33.25%	36.93%	40.81%	42.00%	41.30%	44.47%
D&A For EBITDA	870.01	770.88	617.54	516.51	544.82	726.48
EBIT	279.81	565.53	801.23	619.09	363.39	399.89
EBIT Margin	8.09%	15.63%	23.05%	22.90%	16.53%	15.79%
Effective Tax Rate	17.96%	10.24%	12.11%	-	16.27%	13.02%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.