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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,634	1,456	1,223	962.17	677.51
Revenue Growth (YoY)	24.57%	19.06%	27.07%	42.02%	-
Cost of Revenue	738.69	680.14	631.68	476.19	359.38
Gross Profit	895.7	775.57	590.97	485.98	318.13
Selling, General & Admin	177.17	174.95	161.14	164.58	118.62
Other Operating Expenses	-3.15	-4.99	-5.6	-24.03	-51.25
Operating Expenses	165.82	189.37	172.07	140.56	67.37
Operating Income	729.88	586.2	418.9	345.42	250.76
Interest Expense	-82.73	-85.39	-74.79	-70.44	-57.46
Interest & Investment Income	57.09	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	702.38	550.56	362.87	278.52	192.04
Other Unusual Items	-	-	7.61	-	-
Pretax Income	702.38	550.56	370.48	278.52	192.04
Income Tax Expense	41.93	40.84	8.06	2.96	1.82
Net Income	660.45	509.72	362.41	275.56	190.22
Net Income to Common	660.45	509.72	362.41	275.56	190.22
Net Income Growth	62.15%	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)	8.26	6.37	4.53	4.55	3804.43
EPS (Diluted)	8.26	6.37	4.53	4.55	3804.43
EPS Growth	62.15%	40.65%	-0.53%	-99.88%	-
Free Cash Flow	538.35	626.09	459.26	241.54	174.44
Free Cash Flow Per Share	6.73	7.83	5.74	3.99	3488.83
Dividend Per Share	1.510	1.510	-	-	-
Gross Margin	54.80%	53.28%	48.34%	50.51%	46.96%
Operating Margin	44.66%	40.27%	34.26%	35.90%	37.01%
Profit Margin	40.41%	35.01%	29.64%	28.64%	28.08%
Free Cash Flow Margin	32.94%	43.01%	37.56%	25.10%	25.75%
EBITDA	798.12	654.17	472.32	390.44	277.65
EBITDA Margin	48.83%	44.94%	38.63%	40.58%	40.98%
D&A For EBITDA	68.24	67.97	53.42	45.02	26.89
EBIT	729.88	586.2	418.9	345.42	250.76
EBIT Margin	44.66%	40.27%	34.26%	35.90%	37.01%
Effective Tax Rate	5.97%	7.42%	2.18%	1.06%	0.95%

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