Morabaha Marina Financing Company (TADAWUL:4082)

TADAWUL:4082 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
Total Interest Expense	-1.1	-1.74	-5.86	-	-
Net Interest Income	1.1	1.74	5.86	-	-
Commissions and Fees	192.86	169.42	158.11	133.62	105.59
Other Revenue	-	-	-	18.87	17.41
Revenue Before Loan Losses	193.96	171.16	163.98	152.49	123
Provision for Loan Losses	24.59	3.54	28.69	38.81	23.44
Revenue	169.37	167.62	135.28	113.67	99.56
Revenue Growth (YoY)	1.04%	23.90%	19.01%	14.17%	-4.69%
Cost of Services Provided	155.83	140.08	93.15	64.84	58.96
Other Operating Expenses	-10.26	-5.48	-7.47	1.35	0.78
Total Operating Expenses	145.57	134.6	85.68	66.19	59.75
Operating Income	23.8	33.02	49.6	47.48	39.81
EBT Excluding Unusual Items	30.43	39.88	51.09	47.48	39.81
Other Unusual Items	-	-	3.4	-	-
Pretax Income	30.43	39.88	54.49	47.48	39.81
Income Tax Expense	7.69	8.91	9.51	6.6	5.87
Net Income	22.74	30.97	44.98	40.88	33.94
Net Income to Common	22.74	30.97	44.98	40.88	33.94
Net Income Growth	-26.57%	-31.15%	10.03%	20.45%	15.45%
Shares Outstanding (Basic)	70	61	45	30	27
Shares Outstanding (Diluted)	70	61	45	30	27
Shares Change (YoY)	13.81%	35.24%	50.22%	10.69%	14.69%
EPS (Basic)	0.33	0.50	0.99	1.35	1.24
EPS (Diluted)	0.33	0.50	0.99	1.35	1.24
EPS Growth	-35.48%	-49.09%	-26.75%	8.82%	0.66%
Free Cash Flow	-35.72	-75.82	-69	-62.03	-228.42
Free Cash Flow Per Share	-0.51	-1.24	-1.52	-2.06	-8.38
Dividend Per Share	0.350	0.530	-	-	-
Dividend Growth	-33.96%	-	-	-	-
Operating Margin	14.05%	19.70%	36.67%	41.77%	39.99%
Profit Margin	13.43%	18.48%	33.25%	35.96%	34.09%
Free Cash Flow Margin	-21.09%	-45.23%	-51.00%	-54.56%	-229.42%
Effective Tax Rate	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.