Nayifat Finance Company (TADAWUL:4081)

Nayifat Finance Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	362.56	395.26	392.04	390.86	414.47
Total Interest Expense	41	45.69	23.69	15.36	40.22
Net Interest Income	321.56	349.57	368.36	375.5	374.25
Other Revenue	-	-	-	-	1.57
Revenue Before Loan Losses	321.56	349.57	368.36	375.5	375.83
Provision for Loan Losses	15.57	86.56	14.98	-11.36	-1.47
Revenue	305.99	263	353.37	386.86	377.3
Revenue Growth (YoY)	16.34%	-25.57%	-8.66%	2.54%	2.80%
Salaries & Employee Benefits	91.18	87.05	88.48	87.19	98.45
Cost of Services Provided	53.15	55.28	56.09	36.4	36.52
Other Operating Expenses	5.24	4.63	4.31	4.22	2.14
Total Operating Expenses	159.93	158.09	162.51	138.21	149.08
Operating Income	146.07	104.91	190.86	248.65	228.22
EBT Excluding Unusual Items	148.99	106.61	191.15	250.14	228.22
Pretax Income	148.99	106.61	191.15	250.59	225.76
Income Tax Expense	17.75	17.9	19.7	25.5	24.3
Net Income	131.24	88.71	171.46	225.09	201.47
Net Income to Common	131.24	88.71	171.46	225.09	201.47
Net Income Growth	47.93%	-48.26%	-23.83%	11.73%	-7.93%
Shares Outstanding (Basic)	120	120	120	120	118
Shares Outstanding (Diluted)	120	120	120	120	118
Shares Change (YoY)	-	-	-	1.29%	-1.25%
EPS (Basic)	1.09	0.74	1.43	1.88	1.70
EPS (Diluted)	1.09	0.74	1.43	1.88	1.70
EPS Growth	47.93%	-48.26%	-23.83%	10.30%	-6.76%
Free Cash Flow	175.49	-40.23	95.54	229.52	416.43
Free Cash Flow Per Share	1.46	-0.34	0.80	1.91	3.52
Dividend Per Share	-	-	-	1.250	1.058
Dividend Growth	-	-	-	18.11%	-
Operating Margin	47.73%	39.89%	54.01%	64.27%	60.49%
Profit Margin	42.89%	33.73%	48.52%	58.18%	53.40%
Free Cash Flow Margin	57.35%	-15.30%	27.04%	59.33%	110.37%
Effective Tax Rate	11.91%	16.79%	10.30%	10.18%	10.76%
Revenue as Reported	-	-	-	-	416.91

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