Sure Global Tech Co. 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	FY 2019
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	Dec '19 Dec 31, 2019
Revenue	214.04	194.29	207.67	185.43	134.8	107.23
Revenue Growth (YoY)	15.43%	-6.44%	11.99%	37.56%	25.72%	-
Cost of Revenue	154.4	137.83	156.26	144.28	96.96	77.1
Gross Profit	59.65	56.46	51.41	41.16	37.84	30.12
Selling, General & Admin	25.65	23.6	20.25	18.4	18.82	14.96
Other Operating Expenses	0.32	-	-0.02	-	-	-
Operating Expenses	28.29	26.6	23.76	18.4	18.82	14.96
Operating Income	31.35	29.86	27.65	22.76	19.02	15.16
Interest Expense	-0.08	-0.05	-0.06	-0.46	-0.2	-0.11
Interest & Investment Income	0.07	0.28	-	-	-	-
Earnings From Equity Investments	-0.62	0.36	0.18	-1.12	-1.01	-
Currency Exchange Gain (Loss)	0.54	0.54	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	0.4	0.35	0.34
EBT Excluding Unusual Items	31.26	30.99	27.77	21.58	18.16	15.39
Gain (Loss) on Sale of Assets	0.71	0.71	-	-	-	-
Asset Writedown	-	-	-0.97	-1	-	-4.15
Pretax Income	31.97	31.69	26.81	20.58	18.16	11.24
Income Tax Expense	3.04	3.02	2.73	2.46	2.75	2.07
Net Income	28.93	28.67	24.08	18.13	15.41	9.17
Net Income to Common	28.93	28.67	24.08	18.13	15.41	9.17
Net Income Growth	59.58%	19.09%	32.82%	17.62%	68.03%	-
Shares Outstanding (Basic)	8	8	8	8	6	5
Shares Outstanding (Diluted)	8	8	8	8	6	5
Shares Change (YoY)	0.62%	-	0.86%	28.40%	16.60%	-
EPS (Basic)	3.77	3.73	3.13	2.38	2.59	1.80
EPS (Diluted)	3.77	3.73	3.13	2.38	2.59	1.80
EPS Growth	58.59%	19.09%	31.69%	-8.40%	44.11%	-
Free Cash Flow	15.21	26.45	34.55	20.04	-3.08	8.05
Free Cash Flow Per Share	1.98	3.44	4.49	2.63	-0.52	1.58
Dividend Per Share	1.500	1.500	-	0.667	0.840	-
Dividend Growth	124.99%	-	-	-20.63%	-	-
Gross Margin	27.87%	29.06%	24.76%	22.20%	28.07%	28.09%
Operating Margin	14.65%	15.37%	13.32%	12.27%	14.11%	14.14%
Profit Margin	13.51%	14.76%	11.59%	9.78%	11.43%	8.55%
Free Cash Flow Margin	7.11%	13.61%	16.64%	10.81%	-2.28%	7.51%
EBITDA	32.55	30.72	28.61	23.42	19.71	15.8
EBITDA Margin	15.21%	15.81%	13.78%	12.63%	14.62%	14.73%
D&A For EBITDA	1.2	0.86	0.96	0.66	0.69	0.64
EBIT	31.35	29.86	27.65	22.76	19.02	15.16
EBIT Margin	14.65%	15.37%	13.32%	12.27%	14.11%	14.14%
Effective Tax Rate	9.51%	9.53%	10.18%	11.93%	15.12%	18.40%
Advertising Expenses	-	0.67	0.12	0.05	0.25	0.63

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