Saudi Telecom Company 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
Revenue	77,353	75,893	71,777	67,432	63,008	58,953
Revenue Growth (YoY)	4.88%	5.73%	6.44%	7.02%	6.88%	8.43%
Cost of Revenue	40,692	40,738	38,339	31,821	29,807	25,925
Gross Profit	36,661	35,156	33,438	35,611	33,201	33,029
Selling, General & Admin	12,589	12,706	11,717	11,611	10,361	10,939
Operating Expenses	22,833	22,206	20,988	21,601	20,048	20,298
Operating Income	13,828	12,950	12,451	14,009	13,154	12,731
Interest Expense	-745.47	-867.86	-721.87	-442.47	-370.04	-415.6
Interest & Investment Income	1,493	1,718	1,482	602.46	377.91	413.87
Earnings From Equity Investments	-494.58	-665.91	52.58	-1,212	-778.03	52.95
Currency Exchange Gain (Loss)	-58.88	-58.88	-78.29	-55.89	-28.3	10.59
Other Non Operating Income (Expenses)	-595.95	-238.04	-406.37	-390.35	-198.92	-251.32
EBT Excluding Unusual Items	13,426	12,837	12,779	12,511	12,156	12,542
Merger & Restructuring Charges	-2,506	-2,602	-862.84	-365.73	-313.26	-600
Impairment of Goodwill	-	-	-13.46	-	-25.4	-
Gain (Loss) on Sale of Investments	1,008	383.37	163.75	426.26	851.98	564.42
Gain (Loss) on Sale of Assets	15.54	15.54	1,197	-180.71	-34.03	-150.39
Asset Writedown	-	-	-	-	-0.62	-
Other Unusual Items	-	1,500	724	1,079	-	-
Pretax Income	11,945	12,134	13,987	13,470	12,635	12,356
Income Tax Expense	-175.72	1,192	1,327	1,083	1,040	1,170
Earnings From Continuing Operations	12,120	10,943	12,660	12,387	11,595	11,185
Earnings From Discontinued Operations	13,174	13,973	759.05	-	-	-
Net Income to Company	25,294	24,916	13,419	12,387	11,595	11,185
Minority Interest in Earnings	-259.53	-227.59	-124.1	-216.39	-283.36	-190.32
Net Income	25,035	24,689	13,295	12,171	11,311	10,995
Net Income to Common	25,035	24,689	13,295	12,171	11,311	10,995
Net Income Growth	85.34%	85.69%	9.24%	7.60%	2.88%	3.10%
Shares Outstanding (Basic)	4,984	4,986	4,984	4,992	4,993	4,998
Shares Outstanding (Diluted)	5,015	5,000	5,000	5,000	5,000	5,000
Shares Change (YoY)	0.55%	-	-	-	-	-
EPS (Basic)	5.02	4.95	2.67	2.44	2.27	2.20
EPS (Diluted)	4.99	4.93	2.66	2.43	2.26	2.20
EPS Growth	84.22%	85.39%	9.54%	7.52%	2.73%	3.18%
Free Cash Flow	11,794	11,934	15,180	20,858	5,189	19,175
Free Cash Flow Per Share	2.35	2.39	3.04	4.17	1.04	3.83
Dividend Per Share	2.200	1.750	1.600	1.600	1.600	1.600
Dividend Growth	37.50%	9.38%	-	-	-	-
Gross Margin	47.39%	46.32%	46.59%	52.81%	52.69%	56.03%
Operating Margin	17.88%	17.06%	17.35%	20.78%	20.88%	21.59%
Profit Margin	32.37%	32.53%	18.52%	18.05%	17.95%	18.65%
Free Cash Flow Margin	15.25%	15.72%	21.15%	30.93%	8.24%	32.52%
EBITDA	21,435	20,634	20,266	21,686	20,645	19,765
EBITDA Margin	27.71%	27.19%	28.23%	32.16%	32.77%	33.53%
D&A For EBITDA	7,607	7,684	7,815	7,676	7,492	7,034
EBIT	13,828	12,950	12,451	14,009	13,154	12,731
EBIT Margin	17.88%	17.06%	17.35%	20.78%	20.88%	21.59%
Effective Tax Rate	-	9.82%	9.49%	8.04%	8.23%	9.47%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.