TADAWUL:9545 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	322.72	192.26	112.09	77.23	77.99
Revenue Growth (YoY)	67.86%	71.53%	45.13%	-0.97%	4.19%
Cost of Revenue	283.58	161.41	94.13	61	62.32
Gross Profit	39.14	30.85	17.96	16.23	15.67
Selling, General & Admin	19.96	17.04	12.62	10.57	11.67
Operating Expenses	18.47	20.48	13.94	9.5	12.46
Operating Income	20.67	10.37	4.02	6.74	3.21
Interest Expense	-1.69	-1.1	-0.98	-0.45	-
Other Non Operating Income (Expenses)	-0.38	-0.05	0.37	-1.5	0.14
EBT Excluding Unusual Items	18.61	9.22	3.41	4.79	3.35
Asset Writedown	-2.82	0.12	0.07	0.05	-
Pretax Income	15.78	9.33	3.48	4.83	3.35
Income Tax Expense	1.51	1.03	0.94	0.53	0.89
Earnings From Continuing Operations	14.27	8.3	2.53	4.3	2.46
Minority Interest in Earnings	-	0.09	0.07	-	-
Net Income	14.27	8.4	2.6	4.3	2.46
Net Income to Common	14.27	8.4	2.6	4.3	2.46
Net Income Growth	69.92%	222.55%	-39.48%	74.96%	-
Shares Outstanding (Basic)	50	50	50	50	44
Shares Outstanding (Diluted)	50	50	50	50	44
Shares Change (YoY)	-	-	-	14.64%	9.04%
EPS (Basic)	0.29	0.17	0.05	0.09	0.06
EPS (Diluted)	0.29	0.17	0.05	0.09	0.06
EPS Growth	69.92%	222.55%	-39.48%	52.63%	-
Free Cash Flow	-2.56	-1.54	0.61	-5.47	-2.86
Free Cash Flow Per Share	-0.05	-0.03	0.01	-0.11	-0.07
Dividend Per Share	0.080	-	0.025	-	-
Gross Margin	12.13%	16.05%	16.02%	21.02%	20.09%
Operating Margin	6.41%	5.39%	3.58%	8.72%	4.12%
Profit Margin	4.42%	4.37%	2.32%	5.57%	3.15%
Free Cash Flow Margin	-0.79%	-0.80%	0.55%	-7.08%	-3.67%
EBITDA	22.61	10.95	4.26	6.95	3.53
EBITDA Margin	7.01%	5.70%	3.80%	9.00%	4.52%
D&A For EBITDA	1.94	0.59	0.24	0.22	0.32
EBIT	20.67	10.37	4.02	6.74	3.21
EBIT Margin	6.41%	5.39%	3.58%	8.72%	4.12%
Effective Tax Rate	9.60%	11.02%	27.11%	10.98%	26.52%
Advertising Expenses	0.18	0.52	0.1	-	-

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