TADAWUL:4322 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	2,438	2,063	1,367	1,107	1,085
Revenue Growth (YoY)	18.16%	50.92%	23.52%	1.98%	84.75%
Cost of Revenue	1,832	1,565	987.84	803.6	839.86
Gross Profit	605.98	498.34	379.29	303.23	245.46
Selling, General & Admin	195.95	156.45	128.4	79.19	64.1
Operating Expenses	201.72	159.03	134.86	79.19	64.1
Operating Income	404.25	339.32	244.43	224.04	181.37
Interest Expense	-120.52	-120.51	-98.96	-20.15	-2.94
Earnings From Equity Investments	17.29	71.11	64.81	34.64	1.82
Other Non Operating Income (Expenses)	4.87	1.9	2.96	7.28	3.93
EBT Excluding Unusual Items	305.89	291.81	213.23	245.81	184.17
Gain (Loss) on Sale of Investments	39.31	3.65	4.91	10.83	3.69
Pretax Income	345.19	295.46	218.14	256.64	187.86
Income Tax Expense	20.69	12.53	10.2	10.9	8.46
Earnings From Continuing Operations	324.5	282.93	207.94	245.74	179.4
Earnings From Discontinued Operations	-	-	-	-	13.94
Net Income to Company	324.5	282.93	207.94	245.74	193.33
Minority Interest in Earnings	-31.19	-16.81	-5.59	-	0.39
Net Income	293.31	266.13	202.35	245.74	193.72
Net Income to Common	293.31	266.13	202.35	245.74	193.72
Net Income Growth	10.21%	31.52%	-17.66%	26.86%	96.40%
Shares Outstanding (Basic)	499	500	500	500	497
Shares Outstanding (Diluted)	500	500	500	500	497
Shares Change (YoY)	-	-	-	0.52%	45.90%
EPS (Basic)	0.59	0.53	0.40	0.49	0.39
EPS (Diluted)	0.59	0.53	0.40	0.49	0.39
EPS Growth	10.85%	32.50%	-18.61%	26.20%	34.61%
Free Cash Flow	370.02	-186.63	-194.01	-43.47	102.16
Free Cash Flow Per Share	0.74	-0.37	-0.39	-0.09	0.20
Dividend Per Share	-	0.270	0.320	0.400	-
Dividend Growth	-	-15.63%	-20.00%	-	-
Gross Margin	24.86%	24.15%	27.74%	27.40%	22.62%
Operating Margin	16.58%	16.45%	17.88%	20.24%	16.71%
Profit Margin	12.03%	12.90%	14.80%	22.20%	17.85%
Free Cash Flow Margin	15.18%	-9.04%	-14.19%	-3.93%	9.41%
EBITDA	430.75	356.14	254.26	230.95	187.31
EBITDA Margin	17.67%	17.26%	18.60%	20.87%	17.26%
D&A For EBITDA	26.49	16.83	9.83	6.91	5.95
EBIT	404.25	339.32	244.43	224.04	181.37
EBIT Margin	16.58%	16.45%	17.88%	20.24%	16.71%
Effective Tax Rate	6.00%	4.24%	4.68%	4.25%	4.50%

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