Group Five Pipe Saudi Company (TADAWUL: 9523)

Group Five Pipe Saudi Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	519.75	455.31	230.54	641.1	916.16	648.83
Revenue Growth (YoY)	7.47%	97.50%	-64.04%	-30.02%	41.20%	-
Cost of Revenue	452.88	397.9	228.36	579.84	786.4	574.29
Gross Profit	66.88	57.4	2.18	61.26	129.76	74.54
Selling, General & Admin	17.67	14.16	14.55	10.04	9.73	11.52
Other Operating Expenses	-0.53	-0.54	-0	-	-	-
Operating Expenses	19.4	15.88	16.56	7.12	9.73	11.52
Operating Income	47.47	41.52	-14.38	54.13	120.03	63.03
Interest Expense	-50.79	-48.85	-33.9	-31.04	-41.69	-27.89
Interest & Investment Income	15.08	19.27	21.68	15.09	11.17	6.12
Other Non Operating Income (Expenses)	-0.59	-0.59	2.4	-0.8	-3.71	-0.45
Pretax Income	11.18	11.35	-24.2	37.38	85.79	40.81
Income Tax Expense	2.27	1.98	0.18	2.26	2.17	1.12
Net Income	8.9	9.37	-24.38	35.11	83.61	39.69
Net Income to Common	8.9	9.37	-24.38	35.11	83.61	39.69
Net Income Growth	120.61%	-	-	-58.00%	110.65%	-
Shares Outstanding (Basic)	28	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28	28
EPS (Basic)	0.32	0.33	-0.87	1.25	2.99	1.42
EPS (Diluted)	0.32	0.33	-0.87	1.25	2.99	1.42
EPS Growth	120.61%	-	-	-58.00%	110.65%	-
Free Cash Flow	49.62	-35.98	101.9	-0.19	55.88	-396.61
Free Cash Flow Per Share	1.77	-1.29	3.64	-0.01	2.00	-14.16
Gross Margin	12.87%	12.61%	0.95%	9.56%	14.16%	11.49%
Operating Margin	9.13%	9.12%	-6.24%	8.44%	13.10%	9.71%
Profit Margin	1.71%	2.06%	-10.57%	5.48%	9.13%	6.12%
Free Cash Flow Margin	9.55%	-7.90%	44.20%	-0.03%	6.10%	-61.13%
EBITDA	68.16	62.22	6.15	74.53	133.4	70.09
EBITDA Margin	13.11%	13.66%	2.67%	11.62%	14.56%	10.80%
D&A For EBITDA	20.69	20.69	20.53	20.39	13.38	7.06
EBIT	47.47	41.52	-14.38	54.13	120.03	63.03
EBIT Margin	9.13%	9.12%	-6.24%	8.44%	13.10%	9.71%
Effective Tax Rate	20.36%	17.41%	-	6.05%	2.53%	2.74%
Advertising Expenses	-	-	-	-	-	0.01

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