Saudi Azm for Communication and Information Technology Company (TADAWUL: 9534)

Saudi Azm for Communication and Information Technology Company Income Statement

Financials in millions SAR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	217.64	217.64	170.83	152.56	135.14	102.98
Revenue Growth (YoY)	27.40%	27.40%	11.97%	12.89%	31.23%	52.67%
Cost of Revenue	159.82	159.82	132.36	121.75	105.91	81.67
Gross Profit	57.82	57.82	38.47	30.81	29.23	21.31
Selling, General & Admin	28.89	28.89	20.19	16.06	12.42	7.84
Other Operating Expenses	0.58	0.58	0.31	0.29	0.35	0.25
Operating Expenses	30.38	30.38	21.28	16.35	12.77	7.19
Operating Income	27.44	27.44	17.19	14.46	16.46	14.12
Interest Expense	-1.56	-1.56	-1.32	-0.64	-0.82	-1.56
Interest & Investment Income	0.42	0.42	0.29	-	-	-
Earnings From Equity Investments	2.02	2.02	1.78	0.87	-	-
Other Non Operating Income (Expenses)	4.64	4.64	2.14	0.08	0.86	-
EBT Excluding Unusual Items	32.96	32.96	20.08	14.77	16.5	12.56
Gain (Loss) on Sale of Investments	0.27	0.27	5.53	5.22	-	-
Gain (Loss) on Sale of Assets	-0	-0	-	0.49	-0.01	-
Pretax Income	33.22	33.22	25.6	20.49	16.49	12.56
Income Tax Expense	3.06	3.06	1.64	1.39	0.96	0.69
Earnings From Continuing Operations	30.16	30.16	23.97	19.09	15.54	11.87
Minority Interest in Earnings	-2.21	-2.21	-0.89	0.01	-	-
Net Income	27.95	27.95	23.08	19.1	15.54	11.87
Net Income to Common	27.95	27.95	23.08	19.1	15.54	11.87
Net Income Growth	21.08%	21.08%	20.82%	22.97%	30.84%	53.11%
Shares Outstanding (Basic)	60	60	60	60	30	1
Shares Outstanding (Diluted)	60	60	60	60	30	1
Shares Change (YoY)	0.56%	0.56%	-0.83%	97.26%	2941.64%	-
EPS (Basic)	0.47	0.47	0.39	0.32	0.51	11.87
EPS (Diluted)	0.47	0.47	0.39	0.32	0.51	11.87
EPS Growth	20.41%	20.41%	21.83%	-37.66%	-95.70%	-
Free Cash Flow	0.81	0.81	32.14	25.12	-1.22	29.13
Free Cash Flow Per Share	0.01	0.01	0.54	0.42	-0.04	29.13
Gross Margin	26.57%	26.57%	22.52%	20.20%	21.63%	20.70%
Operating Margin	12.61%	12.61%	10.06%	9.48%	12.18%	13.71%
Profit Margin	12.84%	12.84%	13.51%	12.52%	11.50%	11.53%
Free Cash Flow Margin	0.37%	0.37%	18.82%	16.47%	-0.90%	28.29%
EBITDA	28.56	28.56	18.18	14.82	17.44	14.59
EBITDA Margin	13.12%	13.12%	10.64%	9.72%	12.90%	14.17%
D&A For EBITDA	1.12	1.12	0.99	0.36	0.98	0.47
EBIT	27.44	27.44	17.19	14.46	16.46	14.12
EBIT Margin	12.61%	12.61%	10.06%	9.48%	12.18%	13.71%
Effective Tax Rate	9.21%	9.21%	6.39%	6.80%	5.80%	5.49%

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