Morabaha Marina Financing Company (TADAWUL:4082)

TADAWUL:4082 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total Interest Expense	-1.1	-1.1	-1.74	-5.86	-	-
Net Interest Income	1.1	1.1	1.74	5.86	-	-
Commissions and Fees	200.86	192.86	169.42	158.11	133.62	105.59
Other Revenue	-0.8	-	-	-	18.87	17.41
Revenue Before Loan Losses	201.16	193.96	171.16	163.98	152.49	123
Provision for Loan Losses	32.05	24.59	3.54	28.69	38.81	23.44
Revenue	169.1	169.37	167.62	135.28	113.67	99.56
Revenue Growth (YoY)	4.80%	1.04%	23.90%	19.01%	14.17%	-4.69%
Cost of Services Provided	158.35	155.83	140.08	93.15	64.84	58.96
Other Operating Expenses	-10.55	-10.26	-5.48	-7.47	1.35	0.78
Total Operating Expenses	147.8	145.57	134.6	85.68	66.19	59.75
Operating Income	21.3	23.8	33.02	49.6	47.48	39.81
EBT Excluding Unusual Items	27.42	30.43	39.88	51.09	47.48	39.81
Other Unusual Items	-	-	-	3.4	-	-
Pretax Income	27.42	30.43	39.88	54.49	47.48	39.81
Income Tax Expense	5.8	7.69	8.91	9.51	6.6	5.87
Net Income	21.6	22.74	30.97	44.98	40.88	33.94
Net Income to Common	21.6	22.74	30.97	44.98	40.88	33.94
Net Income Growth	7.47%	-26.57%	-31.15%	10.03%	20.45%	15.45%
Shares Outstanding (Basic)	70	70	61	45	30	27
Shares Outstanding (Diluted)	70	70	61	45	30	27
Shares Change (YoY)	3.00%	13.81%	35.24%	50.22%	10.69%	14.69%
EPS (Basic)	0.31	0.33	0.50	0.99	1.35	1.24
EPS (Diluted)	0.31	0.33	0.50	0.99	1.35	1.24
EPS Growth	4.34%	-35.48%	-49.09%	-26.75%	8.82%	0.66%
Free Cash Flow	-5.11	-35.72	-75.82	-69	-62.03	-228.42
Free Cash Flow Per Share	-0.07	-0.51	-1.24	-1.52	-2.06	-8.38
Dividend Per Share	0.350	0.350	0.530	-	-	-
Dividend Growth	-33.96%	-33.96%	-	-	-	-
Operating Margin	12.60%	14.05%	19.70%	36.67%	41.77%	39.99%
Profit Margin	12.78%	13.43%	18.48%	33.25%	35.96%	34.09%
Free Cash Flow Margin	-3.02%	-21.09%	-45.23%	-51.00%	-54.56%	-229.42%
Effective Tax Rate	21.16%	25.28%	22.35%	17.46%	13.90%	14.75%

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.