Al Obeikan Glass Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	327.87	327.11	393.98	502.18	463.24	261.33
Revenue Growth (YoY)	-10.12%	-16.97%	-21.55%	8.41%	77.26%	1.35%
Cost of Revenue	223.73	222.06	244.28	245.98	211.79	183.65
Gross Profit	104.14	105.06	149.7	256.2	251.45	77.68
Selling, General & Admin	77.72	75.41	76.36	63.39	65.01	56.76
Other Operating Expenses	-3.29	-3.56	-4.47	-1.36	0.47	-5.81
Operating Expenses	104.25	100.47	69.3	67.41	65.98	50.95
Operating Income	-0.11	4.58	80.4	188.78	185.47	26.73
Interest Expense	-3.2	-3.31	-3.41	-4.72	-5.34	-5.41
Interest & Investment Income	0.45	0.45	0.68	0.5	-	-
Currency Exchange Gain (Loss)	-0.7	-0.7	-1.4	-0.22	-0.46	-0.92
Other Non Operating Income (Expenses)	-	-	-7	-	-	-0.18
EBT Excluding Unusual Items	-3.57	1.02	69.27	184.35	179.66	20.23
Gain (Loss) on Sale of Assets	0	0	0.15	0.02	0	0.01
Other Unusual Items	-	-	0.7	-	-	-
Pretax Income	-3.57	1.02	70.12	184.37	179.66	20.23
Income Tax Expense	4.81	4.58	6.09	6.72	5.98	2.94
Earnings From Continuing Operations	-8.38	-3.55	64.03	177.65	173.68	17.3
Minority Interest in Earnings	5.24	4.87	3.63	-	-	-
Net Income	-3.14	1.32	67.66	177.65	173.68	17.3
Net Income to Common	-3.14	1.32	67.66	177.65	173.68	17.3
Net Income Growth	-	-98.05%	-61.91%	2.28%	904.21%	-37.56%
Shares Outstanding (Basic)	32	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32	32
Shares Change (YoY)	0.03%	0.03%	-	-	-	1.58%
EPS (Basic)	-0.10	0.04	2.11	5.55	5.43	0.54
EPS (Diluted)	-0.10	0.04	2.11	5.55	5.43	0.54
EPS Growth	-	-98.05%	-61.91%	2.28%	904.21%	-38.53%
Free Cash Flow	-21.03	-27.83	115.2	105.24	157.38	30.7
Free Cash Flow Per Share	-0.66	-0.87	3.60	3.29	4.92	0.96
Dividend Per Share	-	-	2.000	-	0.750	-
Gross Margin	31.76%	32.12%	38.00%	51.02%	54.28%	29.73%
Operating Margin	-0.03%	1.40%	20.41%	37.59%	40.04%	10.23%
Profit Margin	-0.96%	0.40%	17.18%	35.38%	37.49%	6.62%
Free Cash Flow Margin	-6.41%	-8.51%	29.24%	20.96%	33.97%	11.75%
EBITDA	39.57	43.82	119.04	226.49	221.58	60.77
EBITDA Margin	12.07%	13.40%	30.21%	45.10%	47.83%	23.25%
D&A For EBITDA	39.68	39.23	38.64	37.71	36.11	34.03
EBIT	-0.11	4.58	80.4	188.78	185.47	26.73
EBIT Margin	-0.03%	1.40%	20.41%	37.59%	40.04%	10.23%
Effective Tax Rate	-	448.13%	8.68%	3.64%	3.33%	14.52%

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.