TADAWUL:4014 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	922.02	877.23	776.67	713.82	699.45	617.47
Revenue Growth (YoY)	4.78%	12.95%	8.80%	2.05%	13.28%	3.43%
Cost of Revenue	794.81	744.07	647.92	560.04	546.7	467.03
Gross Profit	127.2	133.16	128.75	153.78	152.75	150.45
Selling, General & Admin	85.39	82.9	75.69	78.18	65.89	63.62
Operating Expenses	87.19	78.33	54.18	117.61	70.36	63.62
Operating Income	40.01	54.83	74.56	36.17	82.39	86.83
Interest Expense	-16.51	-25.32	-24.91	-19.65	-12.95	-12.55
Interest & Investment Income	-	-	-	0.05	0.33	0.35
Other Non Operating Income (Expenses)	13.78	16.3	12.5	11.08	14.84	6.69
EBT Excluding Unusual Items	37.27	45.8	62.15	27.65	84.62	81.32
Gain (Loss) on Sale of Assets	1.15	0.09	0.01	0.09	0.22	0.23
Pretax Income	38.58	45.89	62.16	27.74	84.83	81.55
Income Tax Expense	15.96	14.65	15.14	12.12	8.09	7.39
Earnings From Continuing Operations	22.63	31.23	47.02	15.62	76.75	74.16
Earnings From Discontinued Operations	1.37	-6.63	-9.22	-	-	-
Net Income to Company	24	24.61	37.8	15.62	76.75	74.16
Minority Interest in Earnings	2.56	1.56	2.26	1.95	0.78	0.6
Net Income	26.56	26.17	40.06	17.57	77.52	74.76
Net Income to Common	26.56	26.17	40.06	17.57	77.52	74.76
Net Income Growth	-35.11%	-34.67%	128.04%	-77.34%	3.70%	5.79%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	0.89	0.87	1.34	0.59	2.58	2.49
EPS (Diluted)	0.89	0.87	1.34	0.59	2.58	2.49
EPS Growth	-35.11%	-34.67%	128.04%	-77.34%	3.70%	5.79%
Free Cash Flow	31.36	281.35	-155.51	133.46	-79.49	94.34
Free Cash Flow Per Share	1.04	9.38	-5.18	4.45	-2.65	3.15
Dividend Per Share	1.000	1.000	1.000	-	0.667	1.000
Dividend Growth	-	-	-	-	-33.33%	-
Gross Margin	13.80%	15.18%	16.58%	21.54%	21.84%	24.37%
Operating Margin	4.34%	6.25%	9.60%	5.07%	11.78%	14.06%
Profit Margin	2.88%	2.98%	5.16%	2.46%	11.08%	12.11%
Free Cash Flow Margin	3.40%	32.07%	-20.02%	18.70%	-11.36%	15.28%
EBITDA	49.39	64.9	85.87	47.73	91.47	93.14
EBITDA Margin	5.36%	7.40%	11.06%	6.69%	13.08%	15.08%
D&A For EBITDA	9.38	10.07	11.31	11.56	9.08	6.31
EBIT	40.01	54.83	74.56	36.17	82.39	86.83
EBIT Margin	4.34%	6.25%	9.60%	5.07%	11.78%	14.06%
Effective Tax Rate	41.35%	31.94%	24.35%	43.70%	9.53%	9.07%
Advertising Expenses	-	0.03	0.01	0.27	0.22	0.07

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