SAL Saudi Logistics Services Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,636	1,456	1,223	962.17	677.51
Revenue Growth (YoY)	17.05%	19.06%	27.07%	42.02%	-
Cost of Revenue	701.4	680.14	631.68	476.19	359.38
Gross Profit	934.5	775.57	590.97	485.98	318.13
Selling, General & Admin	195.9	174.95	161.14	164.58	118.62
Other Operating Expenses	-0.26	-4.99	-5.6	-24.03	-51.25
Operating Expenses	176.43	189.37	172.07	140.56	67.37
Operating Income	758.06	586.2	418.9	345.42	250.76
Interest Expense	-77.3	-85.39	-74.79	-70.44	-57.46
Interest & Investment Income	57.86	51.61	18.88	3.53	-
Currency Exchange Gain (Loss)	-1.87	-1.87	-0.13	-	-0.01
Other Non Operating Income (Expenses)	-	-	-	-	-1.24
EBT Excluding Unusual Items	736.76	550.56	362.87	278.52	192.04
Other Unusual Items	-	-	7.61	-	-
Pretax Income	736.76	550.56	370.48	278.52	192.04
Income Tax Expense	36.78	40.84	8.06	2.96	1.82
Net Income	699.98	509.72	362.41	275.56	190.22
Net Income to Common	699.98	509.72	362.41	275.56	190.22
Net Income Growth	58.33%	40.65%	31.52%	44.86%	-
Shares Outstanding (Basic)	80	80	80	61	0
Shares Outstanding (Diluted)	80	80	80	61	0
Shares Change (YoY)	-	-	32.22%	120910.68%	-
EPS (Basic)	8.75	6.37	4.53	4.55	3804.43
EPS (Diluted)	8.75	6.37	4.53	4.55	3804.43
EPS Growth	58.33%	40.65%	-0.53%	-99.88%	-
Free Cash Flow	726.59	626.09	459.26	241.54	174.44
Free Cash Flow Per Share	9.08	7.83	5.74	3.99	3488.83
Dividend Per Share	6.170	1.510	-	-	-
Gross Margin	57.12%	53.28%	48.34%	50.51%	46.96%
Operating Margin	46.34%	40.27%	34.26%	35.90%	37.01%
Profit Margin	42.79%	35.01%	29.64%	28.64%	28.08%
Free Cash Flow Margin	44.42%	43.01%	37.56%	25.10%	25.75%
EBITDA	824.86	654.17	472.32	390.44	277.65
EBITDA Margin	50.42%	44.94%	38.63%	40.58%	40.98%
D&A For EBITDA	66.8	67.97	53.42	45.02	26.89
EBIT	758.06	586.2	418.9	345.42	250.76
EBIT Margin	46.34%	40.27%	34.26%	35.90%	37.01%
Effective Tax Rate	4.99%	7.42%	2.18%	1.06%	0.95%

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