Rasan Information Technology Company (TADAWUL: 8313)

Rasan Information Technology Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Non-Insurance Activities Revenue	310.3	256.23	162.49	86.9	43.37
Total Revenue	310.3	256.23	162.49	86.9	43.37
Revenue Growth (YoY)	27.92%	57.69%	86.99%	100.37%	-
Selling, General & Administrative	114.77	97.63	60.13	27.07	21.7
Non-Insurance Activities Expense	126.42	107.84	60.6	26.05	21.1
Total Operating Expenses	241.18	205.47	120.72	53.12	42.8
Operating Income	69.12	50.77	41.77	33.78	0.57
Interest Expense	-0.38	-0.27	-1.57	-0.62	-0.06
Other Non Operating Income (Expenses)	8.54	0.99	-2.49	4.36	0.37
EBT Excluding Unusual Items	77.28	51.48	37.71	37.53	0.88
Asset Writedown	-0.24	-0.24	-	-0.74	-
Pretax Income	77.04	51.25	37.71	36.79	0.88
Income Tax Expense	12.15	5.29	3.31	1.51	0.31
Net Income	64.89	45.95	34.41	35.28	0.57
Net Income to Common	64.89	45.95	34.41	35.28	0.57
Net Income Growth	84.24%	33.55%	-2.47%	6068.41%	-
Shares Outstanding (Basic)	72	71	71	18	-
Shares Outstanding (Diluted)	72	71	71	18	-
Shares Change (YoY)	2.45%	-	288.40%	-	-
EPS (Basic)	0.90	0.65	0.49	1.94	-
EPS (Diluted)	0.90	0.65	0.49	1.94	-
EPS Growth	79.84%	33.55%	-74.89%	-	-
Free Cash Flow	112.06	60.51	60.36	22.02	3.42
Free Cash Flow Per Share	1.55	0.86	0.86	1.21	-
Operating Margin	22.27%	19.81%	25.71%	38.88%	1.31%
Profit Margin	20.91%	17.93%	21.18%	40.60%	1.32%
Free Cash Flow Margin	36.11%	23.62%	37.15%	25.34%	7.88%
EBITDA	80.96	61.61	49.87	39.31	4.8
EBITDA Margin	26.09%	24.04%	30.69%	45.23%	11.07%
D&A For EBITDA	11.84	10.84	8.1	5.52	4.23
EBIT	69.12	50.77	41.77	33.78	0.57
EBIT Margin	22.27%	19.81%	25.71%	38.88%	1.31%
Effective Tax Rate	15.77%	10.33%	8.76%	4.09%	35.15%

Source: S&P Capital IQ. Insurance template. Financial Sources.