TADAWUL:9540 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,463	1,237	806.05	631.91	402.45	153.6
Revenue Growth (YoY)	67.64%	53.49%	27.56%	57.02%	162.01%	123.08%
Cost of Revenue	1,363	1,138	747.87	590.46	371.57	134.96
Gross Profit	100.48	98.8	58.17	41.45	30.88	18.64
Selling, General & Admin	15.04	15.74	10.6	9.89	6.33	6.74
Operating Expenses	17.98	18.63	12.24	10.26	7.5	7.98
Operating Income	82.5	80.17	45.93	31.18	23.38	10.67
Interest Expense	-18.98	-16	-7.61	-3.45	-0.88	-0.2
Currency Exchange Gain (Loss)	-0.9	-0.9	-0.08	-0.05	-	-
Other Non Operating Income (Expenses)	1.57	1.93	0.81	0.27	-0.34	0.14
EBT Excluding Unusual Items	67.71	65.2	39.04	27.94	22.16	10.61
Other Unusual Items	-	-	-	-	-	2.35
Pretax Income	67.71	65.2	39.04	27.94	22.16	12.96
Income Tax Expense	4.6	4.31	2.87	2.39	2.77	1.69
Earnings From Continuing Operations	63.11	60.89	36.16	25.55	19.4	11.26
Earnings From Discontinued Operations	-	-	-	0.24	-1.28	-
Net Income	63.11	60.89	36.16	25.8	18.12	11.26
Net Income to Common	63.11	60.89	36.16	25.8	18.12	11.26
Net Income Growth	36.12%	68.38%	40.20%	42.38%	60.83%	17.74%
Shares Outstanding (Basic)	226	225	224	236	212	175
Shares Outstanding (Diluted)	226	226	228	246	232	175
Shares Change (YoY)	-11.73%	-1.06%	-7.13%	5.82%	33.04%	34.32%
EPS (Basic)	0.28	0.27	0.16	0.11	0.09	0.06
EPS (Diluted)	0.28	0.27	0.16	0.11	0.08	0.06
EPS Growth	54.71%	70.89%	49.08%	37.65%	19.36%	-12.23%
Free Cash Flow	-136.97	-161.04	-54.07	-57.79	-65.94	-59.63
Free Cash Flow Per Share	-0.60	-0.71	-0.24	-0.23	-0.28	-0.34
Gross Margin	6.87%	7.99%	7.22%	6.56%	7.67%	12.14%
Operating Margin	5.64%	6.48%	5.70%	4.93%	5.81%	6.94%
Profit Margin	4.31%	4.92%	4.49%	4.08%	4.50%	7.33%
Free Cash Flow Margin	-9.36%	-13.02%	-6.71%	-9.14%	-16.38%	-38.82%
EBITDA	95.69	92.28	53.32	35.35	26.43	12.53
EBITDA Margin	6.54%	7.46%	6.62%	5.59%	6.57%	8.16%
D&A For EBITDA	13.19	12.11	7.39	4.16	3.05	1.86
EBIT	82.5	80.17	45.93	31.18	23.38	10.67
EBIT Margin	5.64%	6.48%	5.70%	4.93%	5.81%	6.94%
Effective Tax Rate	6.80%	6.61%	7.36%	8.54%	12.49%	13.05%

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