MBC Group Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,564	2,002	2,354	2,049	1,786
Other Revenue	287.12	545.57	1,135	796.53	531.22
Revenue	2,851	2,548	3,489	2,845	2,318
Revenue Growth (YoY)	-21.21%	-26.98%	22.61%	22.78%	-
Cost of Revenue	1,713	1,727	2,848	2,128	1,862
Gross Profit	1,138	820.8	641.14	717.46	455.58
Selling, General & Admin	1,107	906.2	686.5	676.35	537.86
Other Operating Expenses	-0.03	0.08	12.91	-	-
Operating Expenses	1,143	966.25	753.97	691.44	578.79
Operating Income	-4.9	-145.45	-112.83	26.02	-123.22
Interest Expense	-4.86	-9.33	-8.59	-3.24	-3.58
Interest & Investment Income	25.48	4.69	10.95	3.19	7
Earnings From Equity Investments	44.73	43.34	14.19	-4.01	-13.82
Currency Exchange Gain (Loss)	24.96	10.77	-61.19	7.66	-2.2
Other Non Operating Income (Expenses)	32.89	38.81	203.16	398.54	41.65
EBT Excluding Unusual Items	118.3	-57.17	45.68	428.17	-94.17
Gain (Loss) on Sale of Investments	4.12	-1.32	9.45	341.63	-1.5
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.04	-	-
Asset Writedown	-	-	-	-9.41	-
Other Unusual Items	81.56	81.56	-	-	-
Pretax Income	203.97	23.06	55.09	760.39	-95.68
Income Tax Expense	-8.4	-3.28	7.22	12.82	0.12
Earnings From Continuing Operations	212.37	26.33	47.87	747.57	-95.79
Minority Interest in Earnings	-18.05	2.2	-12.89	-10.42	0.38
Net Income	194.32	28.53	34.97	737.15	-95.42
Net Income to Common	194.32	28.53	34.97	737.15	-95.42
Net Income Growth	167.90%	-18.43%	-95.26%	-	-
Shares Outstanding (Basic)	333	109	0	-	-
Shares Outstanding (Diluted)	333	142	0	-	-
Shares Change (YoY)	664900.00%	283888.00%	-	-	-
EPS (Basic)	0.58	0.26	699.48	-	-
EPS (Diluted)	0.58	0.20	699.48	-	-
EPS Growth	-99.96%	-99.97%	-	-	-
Free Cash Flow	738.47	245.78	118.43	334.49	304.3
Free Cash Flow Per Share	2.22	1.73	2368.54	-	-
Gross Margin	39.91%	32.22%	18.38%	25.21%	19.66%
Operating Margin	-0.17%	-5.71%	-3.23%	0.91%	-5.32%
Profit Margin	6.81%	1.12%	1.00%	25.91%	-4.12%
Free Cash Flow Margin	25.90%	9.65%	3.39%	11.76%	13.13%
EBITDA	37.1	-104.7	-57.11	83.29	-67.35
EBITDA Margin	1.30%	-4.11%	-1.64%	2.93%	-2.91%
D&A For EBITDA	42	40.75	55.72	57.27	55.87
EBIT	-4.9	-145.45	-112.83	26.02	-123.22
EBIT Margin	-0.17%	-5.71%	-3.23%	0.91%	-5.32%
Effective Tax Rate	-	-	13.11%	1.69%	-

Source: S&P Capital IQ. Standard template. Financial Sources.