National Company for Learning and Education (TADAWUL: 4291)

National Company for Learning and Education Income Statement

Financials in millions SAR. Fiscal year is September - August.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	May 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Operating Revenue	537.87	446.49	308.53	176.09	217.84	197.94
Other Revenue	16.3	15.47	7.15	11.1	7.43	9.4
Revenue	554.17	461.96	315.69	187.19	225.27	207.34
Revenue Growth (YoY)	30.52%	46.34%	68.64%	-16.90%	8.65%	-5.74%
Cost of Revenue	315.95	266.05	189.18	116.78	120.04	120.01
Gross Profit	238.23	195.91	126.51	70.41	105.23	87.33
Selling, General & Admin	99.14	82.15	50.06	40.56	38.77	35.26
Other Operating Expenses	-2.98	-2.28	-1.18	-1.12	-1.07	-4.86
Operating Expenses	100.6	84.07	48.05	37.94	40.98	35.01
Operating Income	137.62	111.84	78.45	32.47	64.25	52.32
Interest Expense	-16.39	-8.98	-4.87	-3.82	-2.71	-2.75
Interest & Investment Income	1.88	1.96	0.57	0.42	2.16	3.93
Other Non Operating Income (Expenses)	-	-	-0.21	-0.59	-1.19	-1.24
EBT Excluding Unusual Items	123.12	104.82	73.95	28.48	62.51	52.26
Gain (Loss) on Sale of Assets	0.16	0.16	-	-	-	-
Pretax Income	123.28	104.98	73.95	28.48	62.51	52.26
Income Tax Expense	2.51	3.2	2.9	4.02	4.71	1.86
Net Income	120.77	101.78	71.05	24.46	57.8	50.39
Net Income to Common	120.77	101.78	71.05	24.46	57.8	50.39
Net Income Growth	24.45%	43.26%	190.49%	-57.68%	14.70%	3.11%
Shares Outstanding (Basic)	43	43	43	43	43	40
Shares Outstanding (Diluted)	43	43	43	43	43	40
Shares Change (YoY)	-	-	-	-	6.91%	34.07%
EPS (Basic)	2.81	2.37	1.65	0.57	1.34	1.25
EPS (Diluted)	2.81	2.37	1.65	0.57	1.34	1.25
EPS Growth	24.45%	43.26%	190.49%	-57.68%	7.29%	-23.10%
Free Cash Flow	77.53	130.5	95.19	75.94	-16.8	1.49
Free Cash Flow Per Share	1.80	3.03	2.21	1.77	-0.39	0.04
Dividend Per Share	1.650	1.650	1.200	0.800	0.800	0.800
Dividend Growth	37.50%	37.50%	50.00%	0%	0%	100.00%
Gross Margin	42.99%	42.41%	40.07%	37.61%	46.71%	42.12%
Operating Margin	24.83%	24.21%	24.85%	17.35%	28.52%	25.23%
Profit Margin	21.79%	22.03%	22.51%	13.07%	25.66%	24.30%
Free Cash Flow Margin	13.99%	28.25%	30.15%	40.57%	-7.46%	0.72%
EBITDA	151.27	131.22	91.21	41.68	71.05	63.77
EBITDA Margin	27.30%	28.41%	28.89%	22.27%	31.54%	30.75%
D&A For EBITDA	13.65	19.38	12.76	9.21	6.8	11.45
EBIT	137.62	111.84	78.45	32.47	64.25	52.32
EBIT Margin	24.83%	24.21%	24.85%	17.35%	28.52%	25.23%
Effective Tax Rate	2.03%	3.04%	3.92%	14.13%	7.54%	3.57%
Advertising Expenses	-	-	-	-	-	1.72

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