TADAWUL:9523 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,029	976.56	455.31	230.54	641.1
Revenue Growth (YoY)	107.80%	114.48%	97.50%	-64.04%	-30.02%
Cost of Revenue	1,647	868.71	397.9	228.36	579.84
Gross Profit	381.93	107.85	57.4	2.18	61.26
Selling, General & Admin	42.41	20.87	14.16	14.55	10.04
Other Operating Expenses	-0.96	-1.64	-0.54	-0	-
Operating Expenses	168.88	19.67	15.88	16.56	7.12
Operating Income	213.06	88.18	41.52	-14.38	54.13
Interest Expense	-50.69	-60.83	-48.85	-33.9	-31.04
Interest & Investment Income	-	13.51	19.27	21.68	15.09
Other Non Operating Income (Expenses)	-	-	-0.59	2.4	-0.8
Pretax Income	162.36	40.86	11.35	-24.2	37.38
Income Tax Expense	17.52	2.34	1.98	0.18	2.26
Net Income	144.84	38.52	9.37	-24.38	35.11
Net Income to Common	144.84	38.52	9.37	-24.38	35.11
Net Income Growth	276.02%	310.94%	-	-	-58.00%
Shares Outstanding (Basic)	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28
EPS (Basic)	5.17	1.38	0.33	-0.87	1.25
EPS (Diluted)	5.17	1.38	0.33	-0.87	1.25
EPS Growth	276.02%	310.94%	-	-	-58.00%
Free Cash Flow	296.23	74.5	22.85	101.9	-0.19
Free Cash Flow Per Share	10.58	2.66	0.82	3.64	-0.01
Dividend Per Share	-	0.500	-	-	-
Gross Margin	18.82%	11.04%	12.61%	0.95%	9.55%
Operating Margin	10.50%	9.03%	9.12%	-6.24%	8.44%
Profit Margin	7.14%	3.94%	2.06%	-10.57%	5.48%
Free Cash Flow Margin	14.60%	7.63%	5.02%	44.20%	-0.03%
EBITDA	234.07	108.91	62.22	6.15	74.53
EBITDA Margin	11.54%	11.15%	13.66%	2.67%	11.63%
D&A For EBITDA	21.02	20.73	20.69	20.53	20.39
EBIT	213.06	88.18	41.52	-14.38	54.13
EBIT Margin	10.50%	9.03%	9.12%	-6.24%	8.44%
Effective Tax Rate	10.79%	5.73%	17.41%	-	6.05%