Northern Region Cement Company (TADAWUL:3004)

TADAWUL:3004 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	628.44	622.52	689.55	617.96	561.91	651.48
Revenue Growth (YoY)	-2.96%	-9.72%	11.59%	9.97%	-13.75%	-3.25%
Cost of Revenue	389.77	389.77	463.28	393.93	362.06	455.35
Gross Profit	238.67	232.75	226.28	224.03	199.85	196.13
Selling, General & Admin	112.01	112.01	99.44	76.24	77.9	67.68
Operating Expenses	162.15	112.96	99.58	84.18	79.33	69.55
Operating Income	76.52	119.79	126.69	139.85	120.52	126.58
Interest Expense	-48.89	-48.89	-54.48	-27.78	-19.18	-28.14
Interest & Investment Income	-	-	-	-	0.02	0.3
Earnings From Equity Investments	-	-	41.45	29.51	20.21	15.02
Currency Exchange Gain (Loss)	5.1	5.1	-	-	-	-
Other Non Operating Income (Expenses)	1.61	1.61	0.7	0.75	7.27	4.03
EBT Excluding Unusual Items	34.34	77.62	114.37	142.34	128.84	117.78
Gain (Loss) on Sale of Investments	45.45	45.45	-	-	8.41	8.41
Gain (Loss) on Sale of Assets	0.08	0.08	-0.11	-	-0.67	-
Other Unusual Items	-0.04	-0.04	-0.28	-0.42	-0.47	-0.4
Pretax Income	79.84	123.11	113.98	141.92	136.11	125.78
Income Tax Expense	22.75	22.23	57.58	29.47	29.43	17.56
Earnings From Continuing Operations	57.08	100.88	56.4	112.45	106.68	108.22
Minority Interest in Earnings	-0.08	-0.08	-0.14	-0.43	-0.61	-0.6
Net Income	57	100.8	56.26	112.02	106.06	107.63
Net Income to Common	57	100.8	56.26	112.02	106.06	107.63
Net Income Growth	-34.09%	79.17%	-49.78%	5.62%	-1.45%	16.65%
Shares Outstanding (Basic)	184	180	180	180	180	180
Shares Outstanding (Diluted)	184	180	180	180	180	180
Shares Change (YoY)	2.46%	-	-	-	-	-
EPS (Basic)	0.31	0.56	0.31	0.62	0.59	0.60
EPS (Diluted)	0.31	0.56	0.31	0.62	0.59	0.60
EPS Growth	-35.67%	79.17%	-49.78%	5.62%	-1.45%	16.65%
Free Cash Flow	-91.01	-98.57	14.46	26.33	54.5	73.66
Free Cash Flow Per Share	-0.49	-0.55	0.08	0.15	0.30	0.41
Dividend Per Share	-	-	0.250	0.500	0.500	0.500
Dividend Growth	-	-	-50.00%	-	-	-
Gross Margin	37.98%	37.39%	32.81%	36.25%	35.57%	30.10%
Operating Margin	12.18%	19.24%	18.37%	22.63%	21.45%	19.43%
Profit Margin	9.07%	16.19%	8.16%	18.13%	18.88%	16.52%
Free Cash Flow Margin	-14.48%	-15.83%	2.10%	4.26%	9.70%	11.31%
EBITDA	127.12	170.36	200.19	212.31	196.69	196.75
EBITDA Margin	20.23%	27.37%	29.03%	34.36%	35.00%	30.20%
D&A For EBITDA	50.6	50.57	73.49	72.46	76.18	70.17
EBIT	76.52	119.79	126.69	139.85	120.52	126.58
EBIT Margin	12.18%	19.24%	18.37%	22.63%	21.45%	19.43%
Effective Tax Rate	28.50%	18.06%	50.52%	20.76%	21.62%	13.96%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.