Watani Iron Steel Company (TADAWUL:9513)

Watani Iron Steel Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	496.3	553.31	370.11	595.64	622.89	459.41
Revenue Growth (YoY)	2.47%	49.50%	-37.86%	-4.38%	35.59%	-4.50%
Cost of Revenue	466.3	519.63	345.68	524.27	554.47	403.01
Gross Profit	30	33.68	24.43	71.37	68.42	56.4
Selling, General & Admin	16.41	16.86	14.13	14.88	13.7	12.26
Operating Expenses	17.75	18.2	14.13	14.88	13.7	13.58
Operating Income	12.24	15.48	10.3	56.5	54.72	42.82
Interest Expense	-5.95	-6.41	-6.68	-6.97	-6.59	-7.5
Other Non Operating Income (Expenses)	1.46	1.05	0.75	1.31	0.2	-3.3
EBT Excluding Unusual Items	7.76	10.12	4.38	50.83	48.33	32.02
Gain (Loss) on Sale of Assets	0.01	0.01	-0	0.01	-0.03	-0
Pretax Income	7.76	10.13	4.38	50.85	48.3	32.02
Income Tax Expense	0.19	0.26	0.13	1.3	1.25	0.94
Net Income	7.57	9.87	4.24	49.55	47.06	31.08
Net Income to Common	7.57	9.87	4.24	49.55	47.06	31.08
Net Income Growth	17.94%	132.47%	-91.43%	5.30%	51.40%	5.75%
Shares Outstanding (Basic)	182	182	182	182	182	182
Shares Outstanding (Diluted)	182	182	182	182	182	182
EPS (Basic)	0.04	0.05	0.02	0.27	0.26	0.17
EPS (Diluted)	0.04	0.05	0.02	0.27	0.26	0.17
EPS Growth	18.09%	132.47%	-91.43%	5.30%	51.40%	5.74%
Free Cash Flow	11.25	35.95	-9.93	58.85	54.29	74.83
Free Cash Flow Per Share	0.06	0.20	-0.06	0.32	0.30	0.41
Gross Margin	6.04%	6.09%	6.60%	11.98%	10.98%	12.28%
Operating Margin	2.47%	2.80%	2.78%	9.49%	8.79%	9.32%
Profit Margin	1.53%	1.78%	1.15%	8.32%	7.56%	6.77%
Free Cash Flow Margin	2.27%	6.50%	-2.68%	9.88%	8.72%	16.29%
EBITDA	33.22	36.32	30.21	76.41	74.46	62.56
EBITDA Margin	6.69%	6.56%	8.16%	12.83%	11.95%	13.62%
D&A For EBITDA	20.97	20.84	19.91	19.91	19.74	19.74
EBIT	12.24	15.48	10.3	56.5	54.72	42.82
EBIT Margin	2.47%	2.80%	2.78%	9.49%	8.79%	9.32%
Effective Tax Rate	2.41%	2.58%	3.05%	2.55%	2.58%	2.93%

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