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	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	1,497	1,303	1,135	967.97	752.37
Revenue Growth (YoY)	14.92%	14.73%	17.30%	28.66%	14.00%
Cost of Revenue	1,029	887.23	778.34	617.88	504.17
Gross Profit	468.22	415.44	357.05	350.09	248.2
Selling, General & Admin	139.8	126.19	111.1	90.07	69.29
Other Operating Expenses	1.85	1.66	1.35	1.7	1.26
Operating Expenses	189.93	152.18	152.91	123.18	96.59
Operating Income	278.29	263.27	204.14	226.91	151.62
Interest Expense	-107.17	-84.44	-59.44	-31.31	-22.75
Other Non Operating Income (Expenses)	13.66	8.27	6.86	8.15	3.62
EBT Excluding Unusual Items	184.78	187.1	151.56	203.75	132.48
Pretax Income	184.78	187.1	151.56	203.75	132.48
Income Tax Expense	4.52	4.39	9.49	10.64	6.76
Net Income	180.26	182.71	142.07	193.11	125.73
Net Income to Common	180.26	182.71	142.07	193.11	125.73
Net Income Growth	-1.34%	28.60%	-26.43%	53.59%	98.79%
Shares Outstanding (Basic)	65	65	65	65	65
Shares Outstanding (Diluted)	65	65	65	65	65
EPS (Basic)	2.79	2.83	2.20	2.99	1.95
EPS (Diluted)	2.79	2.83	2.20	2.99	1.95
EPS Growth	-1.34%	28.60%	-26.43%	53.59%	98.79%
Free Cash Flow	-310.71	-50.95	-99.08	-71.27	40.82
Free Cash Flow Per Share	-4.82	-0.79	-1.54	-1.10	0.63
Dividend Per Share	-	1.407	1.093	1.467	0.967
Dividend Growth	-	28.67%	-25.46%	51.72%	-49.48%
Gross Margin	31.28%	31.89%	31.45%	36.17%	32.99%
Operating Margin	18.59%	20.21%	17.98%	23.44%	20.15%
Profit Margin	12.04%	14.03%	12.51%	19.95%	16.71%
Free Cash Flow Margin	-20.75%	-3.91%	-8.73%	-7.36%	5.43%
EBITDA	640.57	556.72	491.6	476.86	364.67
EBITDA Margin	42.79%	42.74%	43.30%	49.26%	48.47%
D&A For EBITDA	362.28	293.45	287.45	249.95	213.06
EBIT	278.29	263.27	204.14	226.91	151.62
EBIT Margin	18.59%	20.21%	17.98%	23.44%	20.15%
Effective Tax Rate	2.45%	2.35%	6.26%	5.22%	5.10%
Advertising Expenses	16.07	13.09	8.68	7.68	1.84

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