Arriyadh Development Co. (TADAWUL: 4150)

Arriyadh Development Co. 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
Revenue	357.4	339.19	258.9	250.91	237.73	249.7
Revenue Growth (YoY)	24.50%	31.01%	3.18%	5.54%	-4.79%	-11.76%
Cost of Revenue	125.81	124.24	90.18	79.54	69.37	65.19
Gross Profit	231.59	214.95	168.72	171.37	168.36	184.5
Selling, General & Admin	64.96	55.33	47.27	28.19	17.27	19.23
Other Operating Expenses	-	-	-	-	0.6	-
Operating Expenses	72.16	67.84	60.72	33.92	21.68	29.54
Operating Income	159.43	147.11	108	137.45	146.68	154.96
Interest Expense	-2.56	-2.71	-2.9	-3.08	-3.26	-2.49
Interest & Investment Income	54.38	37.92	21.6	5.19	4.83	6.34
Earnings From Equity Investments	141.53	97.5	190.47	226.52	87.2	-0.24
Other Non Operating Income (Expenses)	39.42	12.04	0.39	0.44	1.01	-11.08
EBT Excluding Unusual Items	392.21	291.86	317.55	366.52	236.45	147.5
Gain (Loss) on Sale of Assets	-	-	-	0.03	0.01	-
Asset Writedown	-	-	-	-1.66	-	-
Legal Settlements	-	-	-4.51	-37.27	-	-
Pretax Income	392.21	291.86	313.04	327.62	236.46	147.5
Income Tax Expense	36.11	20.32	12.69	9.31	8.54	4.56
Earnings From Continuing Operations	356.1	271.54	300.36	318.31	227.93	142.94
Net Income	356.1	271.54	300.36	318.31	227.93	142.94
Net Income to Common	356.1	271.54	300.36	318.31	227.93	142.94
Net Income Growth	121.59%	-9.59%	-5.64%	39.66%	59.46%	-29.91%
Shares Outstanding (Basic)	178	178	178	178	178	178
Shares Outstanding (Diluted)	178	178	178	178	178	178
EPS (Basic)	2.00	1.53	1.69	1.79	1.28	0.80
EPS (Diluted)	2.00	1.53	1.69	1.79	1.28	0.80
EPS Growth	121.59%	-9.59%	-5.64%	39.66%	59.46%	-29.91%
Free Cash Flow	41.73	219.91	104.52	141.3	163.9	145.94
Free Cash Flow Per Share	0.23	1.24	0.59	0.79	0.92	0.82
Dividend Per Share	0.500	0.500	0.500	1.500	1.150	0.900
Dividend Growth	0%	0%	-66.67%	30.43%	27.78%	-23.40%
Gross Margin	64.80%	63.37%	65.17%	68.30%	70.82%	73.89%
Operating Margin	44.61%	43.37%	41.71%	54.78%	61.70%	62.06%
Profit Margin	99.63%	80.06%	116.01%	126.86%	95.88%	57.24%
Free Cash Flow Margin	11.68%	64.83%	40.37%	56.31%	68.94%	58.45%
EBITDA	195.91	185.47	141.89	167.57	183.81	187.26
EBITDA Margin	54.82%	54.68%	54.81%	66.79%	77.32%	74.99%
D&A For EBITDA	36.48	38.36	33.89	30.12	37.12	32.3
EBIT	159.43	147.11	108	137.45	146.68	154.96
EBIT Margin	44.61%	43.37%	41.71%	54.78%	61.70%	62.06%
Effective Tax Rate	9.21%	6.96%	4.05%	2.84%	3.61%	3.09%

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