Taiba Investment Company (TADAWUL: 4090)

Taiba Investment 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
Rental Revenue	268.52	-	-	-	220.95	387.53
Other Revenue	879.31	535.49	329.71	126.01	-8.51	-23.77
Total Revenue	1,148	535.49	329.71	126.01	212.45	363.76
Revenue Growth (YoY	148.41%	62.42%	161.64%	-40.68%	-41.60%	-6.65%
Property Expenses	488.12	195.2	144.59	87.93	100.67	148.43
Selling, General & Administrative	81.6	68.79	52.65	56.94	43.59	61.45
Other Operating Expenses	208.3	7.11	7.25	11.61	3.26	0.75
Total Operating Expenses	760.26	259.16	195.66	217.75	213.23	210.63
Operating Income	387.58	276.33	134.04	-91.74	-0.78	153.13
Interest Expense	-49.51	-13.87	-1.4	-	-	-
Interest & Investment Income	12.18	21.17	16.1	19.42	19.07	45.3
Other Non-Operating Income	21.12	-8.43	2.49	3.25	70.09	1.88
EBT Excluding Unusual Items	371.36	275.2	151.23	-69.06	88.38	200.31
Merger & Restructuring Charges	-49.55	-49.55	-	-	-	-
Gain (Loss) on Sale of Investments	-2.78	-2.78	4.72	-10.88	-0	-5.5
Gain (Loss) on Sale of Assets	-13.96	-38.86	3.26	0.26	2.64	-0.01
Asset Writedown	-3.24	-3.24	-	-	-0.23	-
Total Legal Settlements	-59.42	-59.42	-1.42	-9.43	-0.83	-1.44
Other Unusual Items	-	-	-	-	-	-1.65
Pretax Income	242.41	121.35	157.78	-89.11	89.95	191.71
Income Tax Expense	15.59	10.54	6.25	20.23	2.23	20.68
Earnings From Continuing Operations	226.82	110.8	151.53	-109.35	87.73	171.03
Earnings From Discontinued Operations	-	-0.89	-21.82	-14.5	7.73	0.26
Net Income to Company	226.82	109.92	129.71	-123.85	95.45	171.3
Minority Interest in Earnings	-1.39	-0.12	9.86	6.55	3.32	0.56
Net Income	225.42	109.8	139.57	-117.29	98.77	171.86
Net Income to Common	225.42	109.8	139.57	-117.29	98.77	171.86
Net Income Growth	21.55%	-21.33%	-	-	-42.53%	167.09%
Basic Shares Outstanding	243	169	160	160	160	156
Diluted Shares Outstanding	243	169	160	160	160	156
Shares Change (YoY)	51.36%	5.19%	-	-	2.94%	3.92%
EPS (Basic)	0.93	0.65	0.87	-0.73	0.62	1.10
EPS (Diluted)	0.93	0.65	0.87	-0.73	0.62	1.10
EPS Growth	-19.93%	-25.21%	-	-	-44.04%	156.43%
Dividend Per Share	-	0.650	-	-	1.000	1.800
Dividend Growth	-	-	-	-	-44.44%	0%
Operating Margin	33.77%	51.60%	40.65%	-72.80%	-0.37%	42.10%
Profit Margin	19.64%	20.50%	42.33%	-93.08%	46.49%	47.24%
Free Cash Flow Margin	41.90%	59.46%	63.06%	-39.88%	-7.02%	60.41%
EBITDA	514.58	320.76	162.56	-69.17	25.47	182.5
EBITDA Margin	44.83%	59.90%	49.30%	-54.89%	11.99%	50.17%
D&A For Ebitda	127	44.42	28.51	22.57	26.26	29.37
EBIT	387.58	276.33	134.04	-91.74	-0.78	153.13
EBIT Margin	33.77%	51.60%	40.65%	-72.80%	-0.37%	42.10%
Effective Tax Rate	6.43%	8.69%	3.96%	-	2.47%	10.79%

Source: S&P Capital IQ. Real Estate template. Financial Sources.