Edarat Communication and Information Technology Co. (TADAWUL:9557)

TADAWUL:9557 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	85.99	80.24	58.89	37.33	30.64
Revenue Growth (YoY)	22.45%	36.24%	57.75%	21.85%	-
Cost of Revenue	47.49	45.64	35.09	24.57	22
Gross Profit	38.49	34.59	23.8	12.77	8.64
Selling, General & Admin	14.05	13.68	8.05	4.46	3.84
Other Operating Expenses	-0.07	-0.37	0.15	-	-
Operating Expenses	15.05	14.37	9.2	5.1	4.24
Operating Income	23.45	20.22	14.6	7.66	4.4
Interest Expense	-0.39	-0.38	-0.27	-	-
Currency Exchange Gain (Loss)	-	-	-	0	-
Other Non Operating Income (Expenses)	-0.43	-0.43	-0.17	-0.19	0.14
EBT Excluding Unusual Items	22.62	19.41	14.15	7.47	4.53
Gain (Loss) on Sale of Assets	-	-	0	0.01	0.02
Pretax Income	22.62	19.41	14.15	7.48	4.56
Income Tax Expense	1.94	2.04	1.55	1	0.68
Net Income	20.68	17.37	12.6	6.48	3.87
Net Income to Common	20.68	17.37	12.6	6.48	3.87
Net Income Growth	41.70%	37.84%	94.49%	67.26%	-
Shares Outstanding (Basic)	3	3	3	3	0
Shares Outstanding (Diluted)	3	3	3	3	0
Shares Change (YoY)	-	-	-	12500.00%	-
EPS (Basic)	8.21	6.89	5.00	2.57	193.69
EPS (Diluted)	8.21	6.89	5.00	2.57	193.69
EPS Growth	41.70%	37.84%	94.49%	-98.67%	-
Free Cash Flow	8.12	4.56	10.03	-1.36	-0.63
Free Cash Flow Per Share	3.22	1.81	3.98	-0.54	-31.64
Dividend Per Share	-	-	-	1.375	-
Gross Margin	44.77%	43.11%	40.41%	34.19%	28.20%
Operating Margin	27.27%	25.20%	24.78%	20.52%	14.35%
Profit Margin	24.06%	21.65%	21.40%	17.36%	12.64%
Free Cash Flow Margin	9.44%	5.69%	17.03%	-3.63%	-2.07%
EBITDA	25.51	22.31	16.1	8.5	4.99
EBITDA Margin	29.67%	27.81%	27.34%	22.78%	16.29%
D&A For EBITDA	2.07	2.09	1.5	0.84	0.59
EBIT	23.45	20.22	14.6	7.66	4.4
EBIT Margin	27.27%	25.20%	24.78%	20.52%	14.35%
Effective Tax Rate	8.56%	10.49%	10.96%	13.38%	15.01%

Updated Aug 11, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.