Flynas 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	7,844	7,556	6,362	4,809	2,673
Revenue Growth (YoY)	3.82%	18.77%	32.29%	79.90%	54.22%
Cost of Revenue	6,361	6,088	5,456	4,213	2,394
Gross Profit	1,483	1,469	905.8	596.25	278.96
Selling, General & Admin	509.96	510	311.64	278.2	213.28
Other Operating Expenses	-	-	-	-	-36.8
Operating Expenses	500.8	536.31	311.66	286.56	219.25
Operating Income	982.35	932.19	594.15	309.69	59.71
Interest Expense	-590.12	-664.41	-469.37	-271.38	-135.54
Interest & Investment Income	163.03	71.62	51.89	12.88	0.09
Currency Exchange Gain (Loss)	-2.03	-17.75	-8.28	-2.68	-0.78
Other Non Operating Income (Expenses)	-37.33	4.38	-33.65	-6.36	-2.53
EBT Excluding Unusual Items	515.89	326.02	134.73	42.15	-79.06
Gain (Loss) on Sale of Assets	75.64	130.67	283.17	135.52	130.71
Other Unusual Items	-1,083	-	-	-	-
Pretax Income	-491.44	456.69	417.89	177.67	51.65
Income Tax Expense	35.56	23.18	16.55	5.9	0.87
Net Income	-527	433.51	401.35	171.77	50.78
Net Income to Common	-527	433.51	401.35	171.77	50.78
Net Income Growth	-	8.01%	133.65%	238.28%	-
Shares Outstanding (Basic)	164	145	153	145	145
Shares Outstanding (Diluted)	164	145	153	145	145
Shares Change (YoY)	12.71%	-5.42%	5.73%	-	-
EPS (Basic)	-3.22	2.99	2.62	1.18	0.35
EPS (Diluted)	-3.22	2.99	2.62	1.18	0.35
EPS Growth	-	14.21%	120.98%	238.28%	-
Free Cash Flow	-347.98	1,211	795.98	-137.13	220.87
Free Cash Flow Per Share	-2.13	8.35	5.19	-0.94	1.52
Gross Margin	18.91%	19.43%	14.24%	12.40%	10.44%
Operating Margin	12.52%	12.34%	9.34%	6.44%	2.23%
Profit Margin	-6.72%	5.74%	6.31%	3.57%	1.90%
Free Cash Flow Margin	-4.44%	16.03%	12.51%	-2.85%	8.26%
EBITDA	1,067	980.45	657.93	359.89	101.26
EBITDA Margin	13.60%	12.98%	10.34%	7.48%	3.79%
D&A For EBITDA	84.6	48.25	63.79	50.2	41.56
EBIT	982.35	932.19	594.15	309.69	59.71
EBIT Margin	12.52%	12.34%	9.34%	6.44%	2.23%
Effective Tax Rate	-	5.08%	3.96%	3.32%	1.69%

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