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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	355.77	339.19	258.9	250.91	237.73	249.7
Revenue Growth (YoY)	30.42%	31.01%	3.18%	5.54%	-4.79%	-11.76%
Cost of Revenue	125.46	124.24	90.18	79.54	69.37	65.19
Gross Profit	230.31	214.95	168.72	171.37	168.36	184.5
Selling, General & Admin	55.61	55.33	47.27	28.19	17.27	19.23
Other Operating Expenses	-	-	-	-	0.6	-
Operating Expenses	60.35	67.84	60.72	33.92	21.68	29.54
Operating Income	169.96	147.11	108	137.45	146.68	154.96
Interest Expense	-2.62	-2.71	-2.9	-3.08	-3.26	-2.49
Interest & Investment Income	49.63	37.92	21.6	5.19	4.83	6.34
Earnings From Equity Investments	139.44	97.5	190.47	226.52	87.2	-0.24
Other Non Operating Income (Expenses)	39.32	12.04	0.39	0.44	1.01	-11.08
EBT Excluding Unusual Items	395.72	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	-3.96	-	-4.51	-37.27	-	-
Pretax Income	391.77	291.86	313.04	327.62	236.46	147.5
Income Tax Expense	33.49	20.32	12.69	9.31	8.54	4.56
Earnings From Continuing Operations	358.28	271.54	300.36	318.31	227.93	142.94
Net Income	358.28	271.54	300.36	318.31	227.93	142.94
Net Income to Common	358.28	271.54	300.36	318.31	227.93	142.94
Net Income Growth	99.36%	-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)	2.02	1.53	1.69	1.79	1.28	0.80
EPS (Diluted)	2.02	1.53	1.69	1.79	1.28	0.80
EPS Growth	99.36%	-9.59%	-5.64%	39.66%	59.46%	-29.91%
Free Cash Flow	65.43	219.91	104.52	141.3	163.9	145.94
Free Cash Flow Per Share	0.37	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	64.73%	63.37%	65.17%	68.30%	70.82%	73.89%
Operating Margin	47.77%	43.37%	41.71%	54.78%	61.70%	62.06%
Profit Margin	100.71%	80.06%	116.01%	126.86%	95.88%	57.24%
Free Cash Flow Margin	18.39%	64.83%	40.37%	56.31%	68.94%	58.45%
EBITDA	206.9	185.47	141.89	167.57	183.81	187.26
EBITDA Margin	58.15%	54.68%	54.81%	66.79%	77.32%	74.99%
D&A For EBITDA	36.94	38.36	33.89	30.12	37.12	32.3
EBIT	169.96	147.11	108	137.45	146.68	154.96
EBIT Margin	47.77%	43.37%	41.71%	54.78%	61.70%	62.06%
Effective Tax Rate	8.55%	6.96%	4.05%	2.84%	3.61%	3.09%

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