TADAWUL:4050 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	11,804	10,187	9,113	7,852	4,062
Revenue Growth (YoY)	15.88%	11.78%	16.06%	93.33%	90.13%
Cost of Revenue	11,524	9,901	8,818	7,596	3,904
Gross Profit	279.86	285.95	295.38	256.54	158.03
Selling, General & Admin	110.42	113.16	105.78	179.39	52
Other Operating Expenses	-1.81	-6.17	-9.01	-	-
Operating Expenses	122.5	110.87	105.88	175.24	53.73
Operating Income	157.36	175.08	189.5	81.3	104.3
Interest Expense	-215.13	-181.18	-156.71	-114.97	-57.23
Interest & Investment Income	49.65	40.37	37	12.72	5.12
Other Non Operating Income (Expenses)	-	-	-	4.94	-1.1
EBT Excluding Unusual Items	-8.12	34.26	69.79	-16	51.09
Impairment of Goodwill	-	-	-3.15	-	-
Gain (Loss) on Sale of Investments	53.96	19.76	-	1.97	1.89
Gain (Loss) on Sale of Assets	6.37	7.42	5.77	106.89	1.48
Asset Writedown	-0.25	-18.53	74.33	-	-
Other Unusual Items	15.09	9.8	-	-	-
Pretax Income	67.05	52.71	146.74	92.86	54.46
Income Tax Expense	-1.19	3.37	6.3	8.51	3.61
Earnings From Continuing Operations	68.23	49.34	140.43	84.35	50.84
Minority Interest in Earnings	-3.95	-5.13	-25.88	-9.17	-
Net Income	64.29	44.21	114.55	75.18	50.84
Net Income to Common	64.29	44.21	114.55	75.18	50.84
Net Income Growth	45.40%	-61.40%	52.38%	47.86%	26.70%
Shares Outstanding (Basic)	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70
Shares Change (YoY)	-	-	-	-	0.18%
EPS (Basic)	0.92	0.63	1.64	1.07	0.73
EPS (Diluted)	0.92	0.63	1.64	1.07	0.73
EPS Growth	45.40%	-61.40%	52.38%	47.86%	26.47%
Free Cash Flow	357.7	278.07	260.3	434.79	208.19
Free Cash Flow Per Share	5.11	3.97	3.72	6.21	2.97
Dividend Per Share	-	-	1.071	0.857	0.643
Dividend Growth	-	-	25.00%	33.32%	25.00%
Gross Margin	2.37%	2.81%	3.24%	3.27%	3.89%
Operating Margin	1.33%	1.72%	2.08%	1.03%	2.57%
Profit Margin	0.55%	0.43%	1.26%	0.96%	1.25%
Free Cash Flow Margin	3.03%	2.73%	2.86%	5.54%	5.13%
EBITDA	303.32	302.97	297.69	174.57	171.08
EBITDA Margin	2.57%	2.97%	3.27%	2.22%	4.21%
D&A For EBITDA	145.96	127.89	108.19	93.27	66.78
EBIT	157.36	175.08	189.5	81.3	104.3
EBIT Margin	1.33%	1.72%	2.08%	1.03%	2.57%
Effective Tax Rate	-	6.40%	4.30%	9.16%	6.64%

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