Dar Al Arkan Real Estate Development Company (TADAWUL:4300)

TADAWUL:4300 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,759	2,707	3,925	2,493	1,945
Revenue Growth (YoY)	38.86%	-31.04%	57.46%	28.19%	-44.30%
Cost of Revenue	2,159	1,637	2,468	1,596	1,270
Gross Profit	1,600	1,070	1,458	896.73	674.65
Selling, General & Admin	246.41	188.98	340.44	200.56	161.11
Operating Expenses	265.9	205.1	356.3	211.95	171.33
Operating Income	1,334	865.31	1,101	684.78	503.32
Interest Expense	-853.91	-764.46	-681.64	-662.98	-645.88
Interest & Investment Income	246.32	199.61	8.13	-	-
Earnings From Equity Investments	63.51	312.03	16.41	19.75	18.58
Other Non Operating Income (Expenses)	18.5	13.92	144.19	93.89	143.36
Pretax Income	808.53	626.42	588.39	135.44	19.38
Income Tax Expense	20.6	15.66	146.67	2.92	0.59
Earnings From Continuing Operations	787.94	610.76	441.72	132.52	18.79
Earnings From Discontinued Operations	18.9	-	-	-	-
Net Income to Company	806.84	610.76	441.72	132.52	18.79
Minority Interest in Earnings	0.99	-	-	-	-
Net Income	807.83	610.76	441.72	132.52	18.79
Net Income to Common	807.83	610.76	441.72	132.52	18.79
Net Income Growth	32.27%	38.27%	233.32%	605.12%	-93.83%
Shares Outstanding (Basic)	1,080	1,080	1,080	1,080	1,080
Shares Outstanding (Diluted)	1,080	1,080	1,080	1,080	1,080
EPS (Basic)	0.75	0.57	0.41	0.12	0.02
EPS (Diluted)	0.75	0.57	0.41	0.12	0.02
EPS Growth	32.27%	38.27%	233.33%	605.15%	-93.83%
Free Cash Flow	805.05	1,407	438.83	60.14	-1,464
Free Cash Flow Per Share	0.74	1.30	0.41	0.06	-1.36
Gross Margin	42.56%	39.54%	37.13%	35.97%	34.69%
Operating Margin	35.49%	31.96%	28.06%	27.47%	25.88%
Profit Margin	21.49%	22.56%	11.25%	5.32%	0.97%
Free Cash Flow Margin	21.42%	51.98%	11.18%	2.41%	-75.29%
EBITDA	1,380	909.83	1,146	731.32	557.62
EBITDA Margin	36.70%	33.61%	29.19%	29.33%	28.67%
D&A For EBITDA	45.64	44.52	44.73	46.54	54.3
EBIT	1,334	865.31	1,101	684.78	503.32
EBIT Margin	35.49%	31.96%	28.06%	27.47%	25.88%
Effective Tax Rate	2.55%	2.50%	24.93%	2.16%	3.02%

Updated Nov 11, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.