TADAWUL:4320 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Rental Revenue	251.53	237.08	235.89	215.16	216.11	214.39
Other Revenue	-11.52	-11.49	-33.91	24.05	25.8	27.25
Total Revenue	240.02	225.59	201.98	239.21	241.91	241.63
Revenue Growth (YoY	22.92%	11.69%	-15.56%	-1.12%	0.11%	24.57%
Property Expenses	95.47	94.11	90.74	77.45	73.7	69.36
Selling, General & Administrative	73.86	70.95	61.18	51.3	43.26	43.05
Other Operating Expenses	-4.78	-4.24	-4.59	-	-1.02	-1.2
Total Operating Expenses	175.57	170.66	149.23	139.75	120.8	118.44
Operating Income	64.45	54.93	52.75	99.45	121.11	123.19
Interest Expense	-66.21	-66.71	-68.25	-52.18	-32.81	-26.32
Interest & Investment Income	-	-	-	5	4.31	-
EBT Excluding Unusual Items	-1.76	-11.79	-15.49	52.28	92.62	96.87
Gain (Loss) on Sale of Assets	-	3.96	-	-	-	-
Asset Writedown	-3	-3	-8	-	1.84	1.95
Other Unusual Items	-	-	2.7	2.33	-	-
Pretax Income	-4.76	-10.83	-20.79	54.61	94.46	98.82
Income Tax Expense	1.8	1.71	2.95	5.95	7.17	7.17
Earnings From Continuing Operations	-6.56	-12.54	-23.74	48.66	87.29	91.65
Minority Interest in Earnings	-9.11	-5.73	-7.86	-12.24	-20.52	-23.67
Net Income	-15.67	-18.27	-31.6	36.42	66.77	67.98
Net Income to Common	-15.67	-18.27	-31.6	36.42	66.77	67.98
Net Income Growth	-	-	-	-45.46%	-1.77%	373.97%
Basic Shares Outstanding	93	93	93	93	93	93
Diluted Shares Outstanding	93	93	93	93	93	93
EPS (Basic)	-0.17	-0.20	-0.34	0.39	0.72	0.73
EPS (Diluted)	-0.17	-0.20	-0.34	0.39	0.72	0.73
EPS Growth	-	-	-	-45.46%	-1.77%	373.98%
Dividend Per Share	-	-	0.250	0.500	0.500	0.500
Dividend Growth	-	-	-50.00%	-	-	33.33%
Operating Margin	26.85%	24.35%	26.12%	41.58%	50.07%	50.98%
Profit Margin	-6.53%	-8.10%	-15.65%	15.22%	27.60%	28.13%
EBITDA	98.9	89.16	86.39	127.48	148.04	151.05
EBITDA Margin	41.20%	39.52%	42.77%	53.29%	61.20%	62.51%
D&A For Ebitda	34.45	34.24	33.64	28.03	26.93	27.86
EBIT	64.45	54.93	52.75	99.45	121.11	123.19
EBIT Margin	26.85%	24.35%	26.12%	41.58%	50.07%	50.98%
Effective Tax Rate	-	-	-	10.90%	7.59%	7.26%

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