TADAWUL:4320 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	236.19	235.89	215.16	216.11	214.39	167.82
Other Revenue	-21.06	-33.91	24.05	25.8	27.25	26.15
Total Revenue	215.13	201.98	239.21	241.91	241.63	193.97
Revenue Growth (YoY	2.73%	-15.56%	-1.12%	0.11%	24.57%	-8.97%
Property Expenses	93.27	90.74	77.45	73.7	69.36	72.17
Selling, General & Administrative	70.81	61.18	51.3	43.26	43.05	41.56
Other Operating Expenses	4.28	-0.12	-	-1.02	-1.2	-0.92
Total Operating Expenses	168	153.7	139.75	120.8	118.44	113.81
Operating Income	47.13	48.28	99.45	121.11	123.19	80.16
Interest Expense	-69.85	-68.25	-52.18	-32.81	-26.32	-25.22
Interest & Investment Income	4.47	4.47	5	4.31	-	-
EBT Excluding Unusual Items	-18.26	-15.49	52.28	92.62	96.87	54.94
Gain (Loss) on Sale of Assets	3.96	-	-	-	-	-
Asset Writedown	-8	-8	-	1.84	1.95	-31.83
Other Unusual Items	2.7	2.7	2.33	-	-	-
Pretax Income	-19.6	-20.79	54.61	94.46	98.82	23.11
Income Tax Expense	0.65	2.95	5.95	7.17	7.17	6.12
Earnings From Continuing Operations	-20.25	-23.74	48.66	87.29	91.65	16.99
Minority Interest in Earnings	-5.97	-7.86	-12.24	-20.52	-23.67	-2.65
Net Income	-26.22	-31.6	36.42	66.77	67.98	14.34
Net Income to Common	-26.22	-31.6	36.42	66.77	67.98	14.34
Net Income Growth	-	-	-45.46%	-1.77%	373.97%	-77.88%
Basic Shares Outstanding	93	93	93	93	93	93
Diluted Shares Outstanding	93	93	93	93	93	93
EPS (Basic)	-0.28	-0.34	0.39	0.72	0.73	0.15
EPS (Diluted)	-0.28	-0.34	0.39	0.72	0.73	0.15
EPS Growth	-	-	-45.46%	-1.77%	373.98%	-77.88%
Dividend Per Share	0.500	0.250	0.500	0.500	0.500	0.375
Dividend Growth	100.00%	-50.00%	-	-	33.33%	-50.00%
Operating Margin	21.91%	23.91%	41.58%	50.07%	50.98%	41.33%
Profit Margin	-12.19%	-15.65%	15.22%	27.60%	28.13%	7.39%
EBITDA	80.48	81.93	127.48	148.04	151.05	106.89
EBITDA Margin	37.41%	40.56%	53.29%	61.20%	62.51%	55.10%
D&A For Ebitda	33.35	33.64	28.03	26.93	27.86	26.73
EBIT	47.13	48.28	99.45	121.11	123.19	80.16
EBIT Margin	21.91%	23.90%	41.58%	50.07%	50.98%	41.33%
Effective Tax Rate	-	-	10.90%	7.59%	7.26%	26.48%

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