Ladun Investment 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
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
Revenue	1,431	1,436	881.18	769.82	527.02
Revenue Growth (YoY)	40.34%	62.97%	14.46%	46.07%	-
Cost of Revenue	1,143	1,139	714.39	668.16	421.64
Gross Profit	288.06	297.32	166.79	101.67	105.38
Selling, General & Admin	116.18	98.79	72.15	59.75	66.62
Other Operating Expenses	3.32	3.32	5.04	2.55	3.59
Operating Expenses	146.34	132.27	87.1	64.56	73.53
Operating Income	141.72	165.05	79.69	37.1	31.85
Interest Expense	-40.49	-30.15	-24.92	-19.86	-12.71
Interest & Investment Income	2.23	1.71	6.16	9.88	13.88
Earnings From Equity Investments	-0.13	-	-0.13	4.28	-0.04
Other Non Operating Income (Expenses)	-7.75	-8.17	-0.06	7.73	5.11
EBT Excluding Unusual Items	95.58	128.44	60.74	39.14	38.1
Gain (Loss) on Sale of Investments	-7.06	5.5	0.46	-1.3	-7.23
Gain (Loss) on Sale of Assets	-2.16	0.09	-	57.58	-
Asset Writedown	-12.5	-12.5	-	-	-1.07
Pretax Income	73.85	121.52	61.19	95.41	29.8
Income Tax Expense	5.23	12.18	1	14.61	4.99
Net Income	68.62	109.34	60.19	80.8	24.82
Net Income to Common	68.62	109.34	60.19	80.8	24.82
Net Income Growth	-33.59%	81.66%	-25.51%	225.61%	-
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
EPS (Basic)	0.14	0.22	0.12	0.16	0.05
EPS (Diluted)	0.14	0.22	0.12	0.16	0.05
EPS Growth	-33.59%	81.66%	-25.51%	225.61%	-
Free Cash Flow	-240.51	-299.87	-179.36	-23.95	-178.91
Free Cash Flow Per Share	-0.48	-0.60	-0.36	-0.05	-0.36
Dividend Per Share	0.040	0.060	0.060	-	0.050
Gross Margin	20.14%	20.70%	18.93%	13.21%	20.00%
Operating Margin	9.91%	11.49%	9.04%	4.82%	6.04%
Profit Margin	4.80%	7.61%	6.83%	10.50%	4.71%
Free Cash Flow Margin	-16.81%	-20.88%	-20.36%	-3.11%	-33.95%
EBITDA	172.78	192.22	101.49	54.85	51.51
EBITDA Margin	12.08%	13.39%	11.52%	7.12%	9.77%
D&A For EBITDA	31.06	27.17	21.8	17.74	19.65
EBIT	141.72	165.05	79.69	37.1	31.85
EBIT Margin	9.91%	11.49%	9.04%	4.82%	6.04%
Effective Tax Rate	7.08%	10.02%	1.64%	15.32%	16.73%
Advertising Expenses	-	0.21	0.15	0.6	2.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.