TADAWUL:4017 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	3,090	2,791	2,327	2,012	1,965
Revenue Growth (YoY)	10.73%	19.95%	15.62%	2.43%	14.53%
Cost of Revenue	2,386	2,092	1,710	1,412	1,327
Gross Profit	703.89	699.04	616.68	600.35	637.82
Selling, General & Admin	386.33	337.69	292.49	177.23	173.35
Amortization of Goodwill & Intangibles	-	-	-	1.74	1.77
Other Operating Expenses	-14.86	-11.19	-21.14	-12.36	-
Operating Expenses	395.89	339.98	282.7	218.3	261.4
Operating Income	308	359.06	333.98	382.05	376.41
Interest Expense	-48.85	-95.67	-122.15	-55.94	-34.79
Interest & Investment Income	21.3	23.67	42.88	24.88	6.17
Other Non Operating Income (Expenses)	-	-	-	-	17.55
EBT Excluding Unusual Items	280.46	287.07	254.71	351	365.34
Gain (Loss) on Sale of Assets	-	-	-	0.13	-
Pretax Income	280.46	287.07	254.71	351.12	365.34
Income Tax Expense	32.34	23.4	22.69	20.44	4.56
Earnings From Continuing Operations	248.12	263.67	232.02	330.68	360.78
Minority Interest in Earnings	42.06	23.88	47.58	-4.37	-26.5
Net Income	290.18	287.55	279.6	326.32	334.28
Net Income to Common	290.18	287.55	279.6	326.32	334.28
Net Income Growth	0.92%	2.85%	-14.32%	-2.38%	64.53%
Shares Outstanding (Basic)	230	217	200	200	100
Shares Outstanding (Diluted)	230	217	200	200	100
Shares Change (YoY)	5.90%	8.59%	-	100.00%	-
EPS (Basic)	1.26	1.32	1.40	1.63	3.34
EPS (Diluted)	1.26	1.32	1.40	1.63	3.34
EPS Growth	-4.71%	-5.29%	-14.32%	-51.19%	64.53%
Free Cash Flow	-7.59	-81.55	32.31	-138.23	174.63
Free Cash Flow Per Share	-0.03	-0.38	0.16	-0.69	1.75
Dividend Per Share	-	0.300	-	-	-
Gross Margin	22.78%	25.05%	26.50%	29.83%	32.46%
Operating Margin	9.97%	12.87%	14.35%	18.98%	19.16%
Profit Margin	9.39%	10.30%	12.02%	16.21%	17.02%
Free Cash Flow Margin	-0.25%	-2.92%	1.39%	-6.87%	8.89%
EBITDA	423.67	460.52	428.55	451.31	437.29
EBITDA Margin	13.71%	16.50%	18.42%	22.43%	22.26%
D&A For EBITDA	115.67	101.45	94.57	69.26	60.88
EBIT	308	359.06	333.98	382.05	376.41
EBIT Margin	9.97%	12.87%	14.35%	18.98%	19.16%
Effective Tax Rate	11.53%	8.15%	8.91%	5.82%	1.25%
Advertising Expenses	37.72	26.29	31.72	5.74	11.66

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