TADAWUL:4110 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	567.01	543.93	481.88	480.57	427.5	474.83
Revenue Growth (YoY)	20.31%	12.88%	0.27%	12.42%	-9.97%	-8.14%
Cost of Revenue	493.19	479.14	422.5	425.02	384.34	426.42
Gross Profit	73.82	64.8	59.38	55.55	43.15	48.41
Selling, General & Admin	35.37	36.62	38.19	43.99	47.11	44.71
Amortization of Goodwill & Intangibles	-	-	-	-	-	1.17
Other Operating Expenses	0.9	0.9	0.28	-	-	-
Operating Expenses	36.01	37.26	44.19	51.7	54.12	48.2
Operating Income	37.81	27.53	15.19	3.85	-10.96	0.21
Interest Expense	-10.68	-14.79	-11.47	-7.55	-4.39	-4.22
Interest & Investment Income	0.79	0.79	1.05	0.64	0.54	0.15
Other Non Operating Income (Expenses)	-1.37	-1.51	-16.49	-18.6	-16.11	-8.32
EBT Excluding Unusual Items	26.54	12.03	-11.72	-21.67	-30.92	-12.18
Gain (Loss) on Sale of Investments	20.01	17.59	14.66	10.45	1.68	0.93
Gain (Loss) on Sale of Assets	1.22	0.28	0.65	2.64	2.08	0.61
Asset Writedown	0.23	-	-56.66	-	-	-
Pretax Income	28.37	29.9	-53.07	-8.58	-27.17	-10.64
Income Tax Expense	3.47	3.33	5.6	6.13	4.78	6.43
Earnings From Continuing Operations	24.9	26.57	-58.67	-14.71	-31.95	-17.07
Minority Interest in Earnings	-0.19	-0.42	1.22	0.82	1.11	7.42
Net Income	24.71	26.15	-57.45	-13.89	-30.84	-9.65
Net Income to Common	24.71	26.15	-57.45	-13.89	-30.84	-9.65
Shares Outstanding (Basic)	604	600	600	600	589	300
Shares Outstanding (Diluted)	604	600	600	600	589	300
Shares Change (YoY)	0.91%	-	-	1.81%	96.44%	-
EPS (Basic)	0.04	0.04	-0.10	-0.02	-0.05	-0.03
EPS (Diluted)	0.04	0.04	-0.10	-0.02	-0.05	-0.03
Free Cash Flow	154.89	112.85	64.64	25.97	49.75	53.07
Free Cash Flow Per Share	0.26	0.19	0.11	0.04	0.08	0.18
Gross Margin	13.02%	11.91%	12.32%	11.56%	10.10%	10.20%
Operating Margin	6.67%	5.06%	3.15%	0.80%	-2.56%	0.04%
Profit Margin	4.36%	4.81%	-11.92%	-2.89%	-7.21%	-2.03%
Free Cash Flow Margin	27.32%	20.75%	13.41%	5.40%	11.64%	11.18%
EBITDA	62.9	58.26	69.12	50.87	31.25	40.4
EBITDA Margin	11.09%	10.71%	14.34%	10.59%	7.31%	8.51%
D&A For EBITDA	25.1	30.72	53.93	47.03	42.21	40.19
EBIT	37.81	27.53	15.19	3.85	-10.96	0.21
EBIT Margin	6.67%	5.06%	3.15%	0.80%	-2.56%	0.04%
Effective Tax Rate	12.24%	11.13%	-	-	-	-
Advertising Expenses	-	0.47	0.61	-	-	-

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