Nayifat Finance Company (TADAWUL: 4081)

Nayifat Finance Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	365.97	395.26	392.04	390.86	414.47	389.89
Total Interest Expense	44.87	45.69	23.69	15.36	40.22	49.91
Net Interest Income	321.1	349.57	368.36	375.5	374.25	339.98
Other Revenue	-	-	-	-	1.57	1.54
Revenue Before Loan Losses	321.1	349.57	368.36	375.5	375.83	341.53
Provision for Loan Losses	34.42	86.56	14.98	-11.36	-1.47	-25.48
Revenue	286.69	263	353.37	386.86	377.3	367.01
Revenue Growth (YoY)	0.48%	-25.57%	-8.66%	2.54%	2.80%	28.96%
Salaries & Employee Benefits	90.15	87.05	88.48	87.19	98.45	96.39
Cost of Services Provided	56.59	55.28	56.09	36.4	36.52	42.34
Other Operating Expenses	4.63	4.63	4.31	4.22	2.14	4.79
Total Operating Expenses	158.6	158.09	162.51	138.21	149.08	153.48
Operating Income	128.09	104.91	190.86	248.65	228.22	213.53
EBT Excluding Unusual Items	128.94	106.61	191.15	250.14	228.22	213.53
Pretax Income	128.94	106.61	191.15	250.59	225.76	213.53
Income Tax Expense	18.65	17.9	19.7	25.5	24.3	-5.29
Net Income	110.29	88.71	171.46	225.09	201.47	218.82
Net Income to Common	110.29	88.71	171.46	225.09	201.47	218.82
Net Income Growth	1.19%	-48.26%	-23.83%	11.73%	-7.93%	23.94%
Shares Outstanding (Basic)	120	120	120	120	118	120
Shares Outstanding (Diluted)	120	120	120	120	118	120
Shares Change (YoY)	-	-	-	1.29%	-1.25%	17.62%
EPS (Basic)	0.92	0.74	1.43	1.88	1.70	1.82
EPS (Diluted)	0.92	0.74	1.43	1.88	1.70	1.82
EPS Growth	1.19%	-48.26%	-23.83%	10.30%	-6.76%	5.37%
Free Cash Flow	123.07	-41.43	95.54	229.52	416.43	-57.76
Free Cash Flow Per Share	1.03	-0.35	0.80	1.91	3.52	-0.48
Dividend Per Share	-	-	-	1.250	1.058	-
Dividend Growth	-	-	-	18.11%	-	-
Operating Margin	44.68%	39.89%	54.01%	64.27%	60.49%	58.18%
Profit Margin	38.47%	33.73%	48.52%	58.18%	53.40%	59.62%
Free Cash Flow Margin	42.93%	-15.75%	27.04%	59.33%	110.37%	-15.74%
Effective Tax Rate	14.46%	16.79%	10.30%	10.18%	10.76%	-
Revenue as Reported	-	-	-	-	416.91	392.3

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