Horizon Food Company 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
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
Revenue	58.91	55.12	66.65	53.75	27.24
Revenue Growth (YoY)	2.84%	-17.31%	24.00%	97.32%	-
Cost of Revenue	40.91	38.64	47.36	37.06	19.4
Gross Profit	18	16.47	19.3	16.69	7.85
Selling, General & Admin	6.92	7.22	10.19	6.34	4.01
Operating Expenses	6.92	7.22	10.19	6.34	4.32
Operating Income	11.08	9.25	9.11	10.36	3.52
Interest Expense	-0	-0	-0.01	-0.17	-0.12
Other Non Operating Income (Expenses)	0.24	0.25	0.34	0.28	-0.03
Pretax Income	11.31	9.49	9.44	10.46	3.37
Income Tax Expense	0.23	0.24	0.56	0.3	0.09
Net Income	11.08	9.25	8.89	10.17	3.29
Net Income to Common	11.08	9.25	8.89	10.17	3.29
Net Income Growth	62.53%	4.07%	-12.58%	209.38%	-
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	0.44%	-	-	-0.18%	-
EPS (Basic)	1.38	1.16	1.11	1.27	0.41
EPS (Diluted)	1.38	1.16	1.11	1.27	0.41
EPS Growth	61.81%	4.07%	-12.58%	209.94%	-
Free Cash Flow	-0.66	4.8	-15.72	-0.81	-12.93
Free Cash Flow Per Share	-0.08	0.60	-1.97	-0.10	-1.61
Gross Margin	30.55%	29.89%	28.95%	31.06%	28.80%
Operating Margin	18.80%	16.78%	13.67%	19.27%	12.94%
Profit Margin	18.80%	16.78%	13.33%	18.91%	12.06%
Free Cash Flow Margin	-1.12%	8.72%	-23.59%	-1.52%	-47.45%
EBITDA	14	12.51	12.3	12.42	5.09
EBITDA Margin	23.76%	22.69%	18.46%	23.11%	18.69%
D&A For EBITDA	2.92	3.26	3.19	2.07	1.57
EBIT	11.08	9.25	9.11	10.36	3.52
EBIT Margin	18.80%	16.78%	13.67%	19.27%	12.94%
Effective Tax Rate	2.06%	2.56%	5.91%	2.85%	2.58%

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