Theeb Rent A Car Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,442	1,303	1,135	967.97	752.37	659.99
Revenue Growth (YoY)	13.87%	14.73%	17.30%	28.66%	14.00%	4.57%
Cost of Revenue	986.29	887.23	778.34	617.88	504.17	498.11
Gross Profit	455.79	415.44	357.05	350.09	248.2	161.88
Selling, General & Admin	141.17	127.15	111.1	90.07	69.29	59.68
Other Operating Expenses	-1.46	1.66	1.35	1.7	1.26	0.46
Operating Expenses	171.67	153.14	152.91	123.18	96.59	70.94
Operating Income	284.13	262.3	204.14	226.91	151.62	90.94
Interest Expense	-100.74	-84.44	-59.44	-31.31	-22.75	-31.38
Other Non Operating Income (Expenses)	9.24	9.24	6.86	8.15	3.62	4.27
EBT Excluding Unusual Items	192.62	187.1	151.56	203.75	132.48	63.83
Other Unusual Items	-	-	-	-	-	3.52
Pretax Income	192.62	187.1	151.56	203.75	132.48	67.35
Income Tax Expense	-1.87	4.39	9.49	10.64	6.76	4.11
Net Income	194.49	182.71	142.07	193.11	125.73	63.25
Net Income to Common	194.49	182.71	142.07	193.11	125.73	63.25
Net Income Growth	16.41%	28.60%	-26.43%	53.59%	98.79%	-45.49%
Shares Outstanding (Basic)	65	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	65	65
EPS (Basic)	3.02	2.83	2.20	2.99	1.95	0.98
EPS (Diluted)	3.02	2.83	2.20	2.99	1.95	0.98
EPS Growth	16.41%	28.60%	-26.43%	53.59%	98.79%	-45.49%
Free Cash Flow	-298.29	-50.95	-99.08	-71.27	40.82	122.28
Free Cash Flow Per Share	-4.63	-0.79	-1.54	-1.10	0.63	1.90
Dividend Per Share	1.493	1.407	1.093	1.467	0.967	1.913
Dividend Growth	16.07%	28.67%	-25.46%	51.72%	-49.48%	-11.42%
Gross Margin	31.61%	31.89%	31.45%	36.17%	32.99%	24.53%
Operating Margin	19.70%	20.14%	17.98%	23.44%	20.15%	13.78%
Profit Margin	13.49%	14.03%	12.51%	19.95%	16.71%	9.58%
Free Cash Flow Margin	-20.69%	-3.91%	-8.73%	-7.36%	5.43%	18.53%
EBITDA	625.81	555.75	491.6	476.86	364.67	293.13
EBITDA Margin	43.40%	42.66%	43.30%	49.26%	48.47%	44.41%
D&A For EBITDA	341.68	293.45	287.45	249.95	213.06	202.19
EBIT	284.13	262.3	204.14	226.91	151.62	90.94
EBIT Margin	19.70%	20.14%	17.98%	23.44%	20.15%	13.78%
Effective Tax Rate	-	2.35%	6.26%	5.22%	5.10%	6.10%
Advertising Expenses	-	13.09	8.68	7.68	1.84	1.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.