Saudi Energy Company (TADAWUL:5110)

Saudi Energy Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	104,054	102,218	88,666	75,330	72,079	69,338
Revenue Growth (YoY)	12.72%	15.29%	17.70%	4.51%	3.95%	0.92%
Selling, General & Admin	1,677	1,677	1,586	575.3	1,610	204.45
Depreciation & Amortization	-	-	-	402.68	-	427.92
Provision for Bad Debts	-	-	-	-	1,378	1,075
Other Operating Expenses	82,766	81,814	70,012	60,600	51,882	48,720
Total Operating Expenses	84,519	83,567	71,606	61,587	54,870	50,427
Operating Income	19,535	18,651	17,059	13,743	17,209	18,911
Interest Expense	-5,534	-5,534	-4,699	-3,691	-2,579	-2,472
Interest Income	160.16	160.16	237.17	358.69	106.11	70.83
Net Interest Expense	-5,374	-5,374	-4,461	-3,332	-2,473	-2,401
Income (Loss) on Equity Investments	74.83	74.83	134.06	83.67	307.75	-10.2
EBT Excluding Unusual Items	14,236	13,352	12,732	10,495	15,044	16,500
Gain (Loss) on Sale of Assets	-27.25	-27.25	9.54	103.54	-46.58	48.58
Asset Writedown	-	-	-	-	615.68	-863.44
Legal Settlements	-	-	-	-	-	-484.61
Other Unusual Items	-	-	-5,687	-	-	-207.93
Pretax Income	14,209	13,325	7,054	10,598	15,613	14,992
Income Tax Expense	369.49	349.91	187.43	348.98	416.62	455.93
Earnings From Continuing Ops.	13,839	12,975	6,867	10,249	15,196	14,536
Earnings From Discontinued Ops.	-	-	-	-	-61.18	-145.39
Net Income	13,839	12,975	6,867	10,249	15,135	14,391
Preferred Dividends & Other Adjustments	8,958	8,958	8,792	7,661	7,661	7,661
Net Income to Common	4,882	4,017	-1,925	2,588	7,474	6,729
Net Income Growth	99.48%	88.95%	-33.00%	-32.28%	5.17%	375.64%
Shares Outstanding (Basic)	4,167	4,167	4,167	4,167	4,167	4,167
Shares Outstanding (Diluted)	4,167	4,167	4,167	4,167	4,167	4,167
EPS (Basic)	1.17	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	1.17	0.96	-0.46	0.62	1.79	1.62
EPS Growth	-	-	-	-65.37%	11.06%	220.73%
Free Cash Flow	-28,479	-38,727	-16,816	183.32	12,470	20,119
Free Cash Flow Per Share	-6.83	-9.29	-4.04	0.04	2.99	4.83
Dividend Per Share	0.700	0.700	0.700	0.700	0.700	0.700
Profit Margin	4.69%	3.93%	-2.17%	3.44%	10.37%	9.71%
Free Cash Flow Margin	-27.37%	-37.89%	-18.97%	0.24%	17.30%	29.02%
EBITDA	41,998	40,838	37,689	32,617	36,477	38,554
EBITDA Margin	40.36%	39.95%	42.51%	43.30%	50.61%	55.60%
D&A For EBITDA	22,463	22,187	20,630	18,874	19,268	19,643
EBIT	19,535	18,651	17,059	13,743	17,209	18,911
EBIT Margin	18.77%	18.25%	19.24%	18.24%	23.88%	27.27%
Effective Tax Rate	2.60%	2.63%	2.66%	3.29%	2.67%	3.04%

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