Cherry Trading 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	466.41	454.66	431.84	331.93
Revenue Growth (YoY)	40.51%	5.28%	30.10%	-
Cost of Revenue	319.03	308.95	320.72	232.85
Gross Profit	147.37	145.71	111.12	99.08
Selling, General & Admin	31.67	29.52	29.89	24.22
Other Operating Expenses	-8.99	-6.6	-5.19	-6.76
Operating Expenses	28.72	33.55	30.47	27.31
Operating Income	118.66	112.16	80.65	71.78
Interest Expense	-55.95	-46.9	-20.97	-9.23
Other Non Operating Income (Expenses)	-0.04	-0.04	-0.61	1.21
Pretax Income	62.67	65.21	59.07	63.76
Income Tax Expense	1.9	2.16	2.16	3.73
Net Income	60.77	63.05	56.91	60.03
Net Income to Common	60.77	63.05	56.91	60.03
Net Income Growth	1.23%	10.80%	-5.20%	-
Shares Outstanding (Basic)	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30
EPS (Basic)	2.03	2.10	1.90	2.00
EPS (Diluted)	2.03	2.10	1.90	2.00
EPS Growth	1.23%	10.80%	-5.20%	-
Free Cash Flow	-86.47	-257.41	-212.77	68.66
Free Cash Flow Per Share	-2.88	-8.58	-7.09	2.29
Gross Margin	31.60%	32.05%	25.73%	29.85%
Operating Margin	25.44%	24.67%	18.68%	21.62%
Profit Margin	13.03%	13.87%	13.18%	18.09%
Free Cash Flow Margin	-18.54%	-56.62%	-49.27%	20.68%
EBITDA	242.76	220.4	167.45	170.28
EBITDA Margin	52.05%	48.48%	38.78%	51.30%
D&A For EBITDA	124.11	108.25	86.81	98.51
EBIT	118.66	112.16	80.65	71.78
EBIT Margin	25.44%	24.67%	18.68%	21.62%
Effective Tax Rate	3.03%	3.31%	3.66%	5.85%
Advertising Expenses	-	0.56	0.86	0.37

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