Horizon Food Company Limited (TADAWUL:9564)

Horizon Food Company Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	55.12	66.65	53.75	27.24
Revenue Growth (YoY)	-17.31%	24.00%	97.32%	-
Cost of Revenue	38.64	47.36	37.06	19.4
Gross Profit	16.47	19.3	16.69	7.85
Selling, General & Admin	7.22	10.19	6.34	4.01
Operating Expenses	7.22	10.19	6.34	4.32
Operating Income	9.25	9.11	10.36	3.52
Interest Expense	-0	-0.01	-0.17	-0.12
Other Non Operating Income (Expenses)	0.25	0.34	0.28	-0.03
Pretax Income	9.49	9.44	10.46	3.37
Income Tax Expense	0.24	0.56	0.3	0.09
Net Income	9.25	8.89	10.17	3.29
Net Income to Common	9.25	8.89	10.17	3.29
Net Income Growth	4.07%	-12.58%	209.38%	-
Shares Outstanding (Basic)	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8
Shares Change (YoY)	-	-	-0.18%	-
EPS (Basic)	1.16	1.11	1.27	0.41
EPS (Diluted)	1.16	1.11	1.27	0.41
EPS Growth	4.07%	-12.58%	209.94%	-
Free Cash Flow	4.8	-15.72	-0.81	-12.93
Free Cash Flow Per Share	0.60	-1.97	-0.10	-1.61
Gross Margin	29.89%	28.95%	31.06%	28.80%
Operating Margin	16.78%	13.67%	19.27%	12.94%
Profit Margin	16.78%	13.33%	18.91%	12.06%
Free Cash Flow Margin	8.72%	-23.59%	-1.52%	-47.45%
EBITDA	12.51	12.3	12.42	5.09
EBITDA Margin	22.69%	18.46%	23.11%	18.69%
D&A For EBITDA	3.26	3.19	2.07	1.57
EBIT	9.25	9.11	10.36	3.52
EBIT Margin	16.78%	13.67%	19.27%	12.94%
Effective Tax Rate	2.56%	5.91%	2.85%	2.58%

Updated Mar 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.