Saudi Marketing Company (TADAWUL:4006)

Saudi Marketing Company 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	1,828	1,835	1,813	1,799	1,651	1,863
Revenue Growth (YoY)	0.98%	1.20%	0.82%	8.92%	-11.37%	17.86%
Cost of Revenue	1,261	1,261	1,276	1,293	1,172	1,388
Gross Profit	566.62	573.83	537.87	505.93	479.7	475.32
Selling, General & Admin	474.71	474.71	463.26	438.52	427.29	401.83
Other Operating Expenses	-14.1	-9.43	-9.84	-	-	-
Operating Expenses	460.61	465.28	453.43	438.52	427.29	401.83
Operating Income	106.01	108.55	84.44	67.41	52.41	73.49
Interest Expense	-78.88	-78.88	-70.48	-59.1	-49.16	-53.43
Currency Exchange Gain (Loss)	-0.03	-0.03	-0	-0.08	-0	-0.01
Other Non Operating Income (Expenses)	4.93	4.95	7.13	14.98	16.38	20.95
EBT Excluding Unusual Items	32.04	34.6	21.09	23.22	19.63	41
Gain (Loss) on Sale of Investments	4.58	4.58	5.01	2.29	0.61	-
Gain (Loss) on Sale of Assets	2.81	2.81	-1.39	0.17	0.13	0.04
Asset Writedown	-0.74	-0.74	-	-	-	-
Other Unusual Items	2.1	2.1	0.62	0.59	1.78	-
Pretax Income	40.79	43.35	25.33	26.26	22.16	41.04
Income Tax Expense	16.72	18.16	3.7	3.52	1.44	2.32
Earnings From Continuing Operations	24.07	25.2	21.63	22.75	20.72	38.72
Minority Interest in Earnings	0.23	0.23	0.16	0.08	0.06	0.04
Net Income	24.3	25.43	21.79	22.83	20.77	38.76
Net Income to Common	24.3	25.43	21.79	22.83	20.77	38.76
Net Income Growth	14.65%	16.70%	-4.53%	9.88%	-46.41%	277.89%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
EPS (Basic)	0.55	0.57	0.48	0.51	0.46	0.86
EPS (Diluted)	0.55	0.57	0.48	0.51	0.46	0.86
EPS Growth	15.72%	16.70%	-4.53%	9.88%	-46.41%	277.89%
Free Cash Flow	40.11	10.62	37.63	101.12	85.46	144.98
Free Cash Flow Per Share	0.90	0.24	0.84	2.25	1.90	3.22
Dividend Per Share	-	-	-	0.500	-	-
Gross Margin	31.00%	31.27%	29.66%	28.13%	29.05%	25.51%
Operating Margin	5.80%	5.92%	4.66%	3.75%	3.17%	3.94%
Profit Margin	1.33%	1.39%	1.20%	1.27%	1.26%	2.08%
Free Cash Flow Margin	2.19%	0.58%	2.08%	5.62%	5.17%	7.78%
EBITDA	170.33	172.57	144.13	121.92	104	124.27
EBITDA Margin	9.32%	9.40%	7.95%	6.78%	6.30%	6.67%
D&A For EBITDA	64.33	64.02	59.69	54.51	51.59	50.77
EBIT	106.01	108.55	84.44	67.41	52.41	73.49
EBIT Margin	5.80%	5.92%	4.66%	3.75%	3.17%	3.94%
Effective Tax Rate	41.00%	41.88%	14.60%	13.39%	6.50%	5.65%
Advertising Expenses	-	11.96	10.86	9.3	6.86	5.64

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