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 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	344.95	393.98	502.18	463.24	261.33	257.86
Revenue Growth (YoY)	-24.65%	-21.55%	8.41%	77.26%	1.35%	-
Cost of Revenue	224.2	244.28	245.98	211.79	183.65	166.02
Gross Profit	120.75	149.7	256.2	251.45	77.68	91.84
Selling, General & Admin	82.27	76.36	63.39	65.01	56.76	51.59
Other Operating Expenses	-5.56	-4.47	-1.36	0.47	-5.81	-1.51
Operating Expenses	75.16	69.3	67.41	65.98	50.95	50.08
Operating Income	45.59	80.4	188.78	185.47	26.73	41.76
Interest Expense	-2.31	-3.41	-4.72	-5.34	-5.41	-6.78
Interest & Investment Income	1.12	0.68	0.5	-	-	-
Currency Exchange Gain (Loss)	-1.4	-1.4	-0.22	-0.46	-0.92	-0.17
Other Non Operating Income (Expenses)	-7	-7	-	-	-0.18	-2.26
EBT Excluding Unusual Items	36	69.27	184.35	179.66	20.23	32.55
Gain (Loss) on Sale of Assets	0.15	0.15	0.02	0	0.01	0.03
Other Unusual Items	0.7	0.7	-	-	-	-
Pretax Income	36.85	70.12	184.37	179.66	20.23	32.58
Income Tax Expense	5.92	6.09	6.72	5.98	2.94	4.88
Earnings From Continuing Operations	30.94	64.03	177.65	173.68	17.3	27.7
Minority Interest in Earnings	5.76	3.63	-	-	-	-
Net Income	36.69	67.66	177.65	173.68	17.3	27.7
Net Income to Common	36.69	67.66	177.65	173.68	17.3	27.7
Net Income Growth	-71.00%	-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)	-	-	-	-	1.58%	-
EPS (Basic)	1.15	2.11	5.55	5.43	0.54	0.88
EPS (Diluted)	1.15	2.11	5.55	5.43	0.54	0.88
EPS Growth	-71.00%	-61.91%	2.28%	904.21%	-38.53%	-
Free Cash Flow	32.12	115.2	105.24	157.38	30.7	16.24
Free Cash Flow Per Share	1.00	3.60	3.29	4.92	0.96	0.52
Dividend Per Share	2.000	2.000	-	0.750	-	-
Gross Margin	35.01%	38.00%	51.02%	54.28%	29.73%	35.62%
Operating Margin	13.22%	20.41%	37.59%	40.04%	10.23%	16.19%
Profit Margin	10.64%	17.17%	35.38%	37.49%	6.62%	10.74%
Free Cash Flow Margin	9.31%	29.24%	20.96%	33.97%	11.75%	6.30%
EBITDA	84.46	119.04	226.49	221.58	60.77	75.39
EBITDA Margin	24.48%	30.21%	45.10%	47.83%	23.25%	29.24%
D&A For EBITDA	38.87	38.64	37.71	36.11	34.03	33.63
EBIT	45.59	80.4	188.78	185.47	26.73	41.76
EBIT Margin	13.22%	20.41%	37.59%	40.04%	10.23%	16.19%
Effective Tax Rate	16.06%	8.68%	3.64%	3.33%	14.52%	14.97%

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