Academy of Learning Company (TADAWUL: 9541)

Academy of Learning Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	105.54	92.91	62.91	42.28
Revenue Growth (YoY)	39.74%	47.67%	48.80%	-
Cost of Revenue	50.26	35.34	23.27	15.3
Gross Profit	55.28	57.56	39.65	26.98
Selling, General & Admin	31.91	28.18	15.14	7.87
Operating Expenses	32.71	28.98	16.69	8.48
Operating Income	22.57	28.58	22.96	18.5
Interest Expense	-3.2	-2.06	-0.45	-0.58
Interest & Investment Income	2	2	0.84	-
Other Non Operating Income (Expenses)	1.98	1.85	0.73	-
Pretax Income	23.35	30.38	24.07	17.93
Income Tax Expense	1.19	1.7	2.7	1.73
Net Income	22.16	28.67	21.36	16.2
Net Income to Common	22.16	28.67	21.36	16.2
Net Income Growth	-19.15%	34.22%	31.88%	-
Shares Outstanding (Basic)	90	90	90	79
Shares Outstanding (Diluted)	90	90	90	79
Shares Change (YoY)	-	-	13.96%	-
EPS (Basic)	0.25	0.32	0.24	0.21
EPS (Diluted)	0.25	0.32	0.24	0.21
EPS Growth	-19.15%	34.22%	15.73%	-
Free Cash Flow	-11.95	-21.07	12.57	19.29
Free Cash Flow Per Share	-0.13	-0.23	0.14	0.24
Dividend Per Share	0.200	0.200	0.233	-
Dividend Growth	50.04%	-14.27%	-	-
Gross Margin	52.38%	61.96%	63.02%	63.81%
Operating Margin	21.39%	30.77%	36.49%	43.77%
Profit Margin	20.99%	30.86%	33.95%	38.31%
Free Cash Flow Margin	-11.32%	-22.68%	19.98%	45.62%
EBITDA	28.05	31.27	24.58	19.73
EBITDA Margin	26.58%	33.66%	39.06%	46.66%
D&A For EBITDA	5.48	2.69	1.62	1.22
EBIT	22.57	28.58	22.96	18.5
EBIT Margin	21.39%	30.77%	36.49%	43.77%
Effective Tax Rate	5.11%	5.61%	11.24%	9.64%
Advertising Expenses	-	6.56	3.53	1.92

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