BinDawood Holding Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	6,348	5,678	5,603	4,897	4,382
Revenue Growth (YoY)	11.80%	1.33%	14.41%	11.75%	-15.02%
Cost of Revenue	4,182	3,784	3,793	3,460	2,943
Gross Profit	2,166	1,894	1,810	1,437	1,439
Selling, General & Admin	1,774	1,531	1,464	1,287	1,174
Other Operating Expenses	-5.93	-6.29	-8.76	-8.61	-9.66
Operating Expenses	1,768	1,525	1,456	1,278	1,164
Operating Income	398.04	369.06	354.27	158.6	274.62
Interest Expense	-125.32	-92.97	-89.18	-85.01	-88.07
Interest & Investment Income	4.02	14.32	15.1	7.89	0.95
Earnings From Equity Investments	-1	-	-	-	-
Other Non Operating Income (Expenses)	20.41	11.19	12.09	18.47	5.95
EBT Excluding Unusual Items	296.15	301.61	292.28	99.94	193.46
Merger & Restructuring Charges	-2.31	-	-	-7.6	-
Gain (Loss) on Sale of Assets	3.03	-2.28	0.55	0.53	-0.08
Other Unusual Items	-	-	-	57.2	64.72
Pretax Income	296.87	299.33	292.83	150.06	258.1
Income Tax Expense	26.82	19.08	17.76	25.33	17.54
Earnings From Continuing Operations	270.04	280.25	275.07	124.73	240.56
Minority Interest in Earnings	-0.11	-8.09	1.46	-6.08	-
Net Income	269.93	272.16	276.53	118.65	240.56
Net Income to Common	269.93	272.16	276.53	118.65	240.56
Net Income Growth	-0.82%	-1.58%	133.05%	-50.68%	-46.27%
Shares Outstanding (Basic)	1,141	1,143	1,143	1,143	1,143
Shares Outstanding (Diluted)	1,141	1,143	1,143	1,143	1,143
Shares Change (YoY)	-0.16%	-0.00%	-	-	-
EPS (Basic)	0.24	0.24	0.24	0.10	0.21
EPS (Diluted)	0.24	0.24	0.24	0.10	0.21
EPS Growth	-0.66%	-1.58%	133.05%	-50.68%	-46.27%
Free Cash Flow	525.27	787.03	618.36	612.27	514.52
Free Cash Flow Per Share	0.46	0.69	0.54	0.54	0.45
Dividend Per Share	-	0.200	0.200	0.190	0.190
Dividend Growth	-	-	5.26%	-	-5.00%
Gross Margin	34.12%	33.36%	32.30%	29.35%	32.84%
Operating Margin	6.27%	6.50%	6.32%	3.24%	6.27%
Profit Margin	4.25%	4.79%	4.93%	2.42%	5.49%
Free Cash Flow Margin	8.28%	13.86%	11.04%	12.50%	11.74%
EBITDA	572.95	546.6	533.32	321.65	436.96
EBITDA Margin	9.03%	9.63%	9.52%	6.57%	9.97%
D&A For EBITDA	174.91	177.53	179.05	163.05	162.34
EBIT	398.04	369.06	354.27	158.6	274.62
EBIT Margin	6.27%	6.50%	6.32%	3.24%	6.27%
Effective Tax Rate	9.04%	6.38%	6.07%	16.88%	6.80%
Advertising Expenses	22.75	17.44	28.63	15.55	15.19

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