Alwasail Industrial Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	458.47	446	386.59	303.75	301.06	317.56
Revenue Growth (YoY)	7.01%	15.37%	27.27%	0.89%	-5.19%	-
Cost of Revenue	341.85	338.07	288.7	222.11	205.06	253.84
Gross Profit	116.62	107.94	97.89	81.64	96	63.72
Selling, General & Admin	74.21	65.89	58.45	47.61	62.76	46.91
Other Operating Expenses	-	-	-	-	-	-16.88
Operating Expenses	77.49	65.89	58.45	47.61	62.76	32.98
Operating Income	39.14	42.05	39.44	34.02	33.24	30.74
Interest Expense	-0.87	-1.25	-0.63	-0.17	-1.16	-2.25
Other Non Operating Income (Expenses)	0.33	0.33	0.22	2.87	0.42	0.63
EBT Excluding Unusual Items	38.59	41.13	39.04	36.72	32.51	29.13
Other Unusual Items	-	-	-	-	-	-2.61
Pretax Income	48.24	41.13	39.04	36.72	32.51	26.51
Income Tax Expense	8.04	7.54	6.77	6.33	4.85	4.9
Net Income	40.2	33.59	32.27	30.39	27.66	21.61
Net Income to Common	40.2	33.59	32.27	30.39	27.66	21.61
Net Income Growth	18.86%	4.10%	6.17%	9.89%	27.98%	-
Shares Outstanding (Basic)	250	250	250	250	250	250
Shares Outstanding (Diluted)	250	250	250	250	250	250
EPS (Basic)	0.16	0.13	0.13	0.12	0.11	0.09
EPS (Diluted)	0.16	0.13	0.13	0.12	0.11	0.09
EPS Growth	18.86%	4.10%	6.17%	9.89%	27.98%	-
Free Cash Flow	17.65	0.08	23.38	-0.13	48.98	8.35
Free Cash Flow Per Share	0.07	0.00	0.09	-0.00	0.20	0.03
Dividend Per Share	0.150	0.100	0.075	0.050	0.050	0.050
Dividend Growth	100.00%	33.33%	50.00%	0%	0%	-
Gross Margin	25.44%	24.20%	25.32%	26.88%	31.89%	20.07%
Operating Margin	8.54%	9.43%	10.20%	11.20%	11.04%	9.68%
Profit Margin	8.77%	7.53%	8.35%	10.01%	9.19%	6.80%
Free Cash Flow Margin	3.85%	0.02%	6.05%	-0.04%	16.27%	2.63%
EBITDA	49.48	51.93	47.91	42.05	41.63	38.93
EBITDA Margin	10.79%	11.64%	12.39%	13.84%	13.83%	12.26%
D&A For EBITDA	10.34	9.88	8.47	8.03	8.39	8.19
EBIT	39.14	42.05	39.44	34.02	33.24	30.74
EBIT Margin	8.54%	9.43%	10.20%	11.20%	11.04%	9.68%
Effective Tax Rate	16.66%	18.33%	17.34%	17.24%	14.92%	18.50%
Advertising Expenses	-	0.92	1.2	0.34	0.12	0.56

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