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 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	3,344	3,433	3,619	3,477	2,704	2,199
Revenue Growth (YoY)	-6.16%	-5.13%	4.09%	28.59%	22.95%	-13.17%
Cost of Revenue	3,059	3,059	2,859	2,501	1,902	1,723
Gross Profit	284.6	374.07	759.9	975.9	801.44	475.62
Selling, General & Admin	204.97	204.97	194.81	170.83	179.6	112.07
Amortization of Goodwill & Intangibles	11.53	11.53	-	-	-	-
Other Operating Expenses	-37.39	-18.83	-11.48	-7.07	2.7	0.16
Operating Expenses	187.22	205.77	194.37	174.67	182.35	112.23
Operating Income	97.38	168.3	565.53	801.23	619.09	363.39
Interest Expense	-218.36	-218.36	-228.41	-156.76	-91.31	-26.76
Interest & Investment Income	3.72	3.72	21.61	47.6	27.53	1.34
Other Non Operating Income (Expenses)	-1.45	-1.45	-0.72	-4.12	-3.01	-11.23
EBT Excluding Unusual Items	-118.7	-47.79	358.02	687.95	552.3	326.75
Pretax Income	-118.7	-47.79	358.02	687.95	552.3	326.75
Income Tax Expense	24.69	27.46	36.65	83.33	-5.42	53.16
Net Income	-143.39	-75.25	321.36	604.61	557.72	273.58
Net Income to Common	-143.39	-75.25	321.36	604.61	557.72	273.58
Net Income Growth	-	-	-46.85%	8.41%	103.86%	-6.97%
Shares Outstanding (Basic)	89	89	89	89	81	80
Shares Outstanding (Diluted)	89	89	89	89	81	80
Shares Change (YoY)	-0.38%	-	-	9.30%	1.79%	3442.96%
EPS (Basic)	-1.62	-0.85	3.61	6.79	6.85	3.42
EPS (Diluted)	-1.62	-0.85	3.61	6.79	6.85	3.42
EPS Growth	-	-	-46.85%	-0.81%	100.28%	-97.37%
Free Cash Flow	624.41	379.35	-110.09	-486.66	-507.15	428.59
Free Cash Flow Per Share	7.04	4.26	-1.24	-5.47	-6.23	5.36
Dividend Per Share	-	-	2.700	5.060	-	16.580
Dividend Growth	-	-	-46.64%	-	-	-
Gross Margin	8.51%	10.90%	21.00%	28.07%	29.64%	21.63%
Operating Margin	2.91%	4.90%	15.63%	23.05%	22.90%	16.53%
Profit Margin	-4.29%	-2.19%	8.88%	17.39%	20.63%	12.44%
Free Cash Flow Margin	18.67%	11.05%	-3.04%	-14.00%	-18.76%	19.49%
EBITDA	992.28	1,060	1,336	1,419	1,136	908.21
EBITDA Margin	29.68%	30.87%	36.93%	40.81%	42.00%	41.30%
D&A For EBITDA	894.89	891.72	770.88	617.54	516.51	544.82
EBIT	97.38	168.3	565.53	801.23	619.09	363.39
EBIT Margin	2.91%	4.90%	15.63%	23.05%	22.90%	16.53%
Effective Tax Rate	-	-	10.24%	12.11%	-	16.27%

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