TADAWUL:9545 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	354.63	322.72	192.26	112.09	77.23	77.99
Revenue Growth (YoY)	56.96%	67.86%	71.53%	45.13%	-0.97%	4.19%
Cost of Revenue	311.62	283.58	161.41	94.13	61	62.32
Gross Profit	43.01	39.14	30.85	17.96	16.23	15.67
Selling, General & Admin	21.43	19.96	17.04	12.62	10.57	11.67
Operating Expenses	20.36	18.47	20.48	13.94	9.5	12.46
Operating Income	22.65	20.67	10.37	4.02	6.74	3.21
Interest Expense	-1.89	-1.69	-1.1	-0.98	-0.45	-
Other Non Operating Income (Expenses)	-0.38	-0.38	-0.05	0.37	-1.5	0.14
EBT Excluding Unusual Items	20.38	18.61	9.22	3.41	4.79	3.35
Asset Writedown	-2.82	-2.82	0.12	0.07	0.05	-
Pretax Income	17.56	15.78	9.33	3.48	4.83	3.35
Income Tax Expense	1.61	1.51	1.03	0.94	0.53	0.89
Earnings From Continuing Operations	15.95	14.27	8.3	2.53	4.3	2.46
Minority Interest in Earnings	-0.01	-	0.09	0.07	-	-
Net Income	15.94	14.27	8.4	2.6	4.3	2.46
Net Income to Common	15.94	14.27	8.4	2.6	4.3	2.46
Net Income Growth	73.56%	69.92%	222.55%	-39.48%	74.96%	-
Shares Outstanding (Basic)	52	50	50	50	50	44
Shares Outstanding (Diluted)	52	50	50	50	50	44
Shares Change (YoY)	4.73%	-	-	-	14.64%	9.04%
EPS (Basic)	0.30	0.29	0.17	0.05	0.09	0.06
EPS (Diluted)	0.30	0.29	0.17	0.05	0.09	0.06
EPS Growth	65.72%	69.92%	222.55%	-39.48%	52.63%	-
Free Cash Flow	-3.62	-2.56	-1.54	0.61	-5.47	-2.86
Free Cash Flow Per Share	-0.07	-0.05	-0.03	0.01	-0.11	-0.07
Dividend Per Share	0.080	0.080	-	0.025	-	-
Gross Margin	12.13%	12.13%	16.05%	16.02%	21.02%	20.09%
Operating Margin	6.39%	6.41%	5.39%	3.58%	8.72%	4.12%
Profit Margin	4.50%	4.42%	4.37%	2.32%	5.57%	3.15%
Free Cash Flow Margin	-1.02%	-0.79%	-0.80%	0.55%	-7.08%	-3.67%
EBITDA	25.05	22.61	10.95	4.26	6.95	3.53
EBITDA Margin	7.06%	7.01%	5.70%	3.80%	9.00%	4.52%
D&A For EBITDA	2.39	1.94	0.59	0.24	0.22	0.32
EBIT	22.65	20.67	10.37	4.02	6.74	3.21
EBIT Margin	6.39%	6.41%	5.39%	3.58%	8.72%	4.12%
Effective Tax Rate	9.18%	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.