Munawla Cargo Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	139.39	138.26	117.42	138.91	131.76	96.19
Revenue Growth (YoY)	0.35%	17.75%	-15.47%	5.42%	36.98%	-
Cost of Revenue	119.58	119.98	96.55	111.58	107.09	78.95
Gross Profit	19.81	18.28	20.87	27.32	24.67	17.24
Selling, General & Admin	10.95	11.31	11.97	15.65	13.59	11.01
Other Operating Expenses	0.26	0.21	0.24	0.26	0.46	0.1
Operating Expenses	11.9	10.09	14.55	16.84	16.25	12.52
Operating Income	7.92	8.18	6.32	10.49	8.42	4.72
Interest Expense	-0.77	-0.93	-1.07	-0.28	-0.18	-0.35
Other Non Operating Income (Expenses)	-0.12	-0.12	0.21	0.2	0.04	-0.87
EBT Excluding Unusual Items	7.02	7.13	5.47	10.4	8.28	3.51
Gain (Loss) on Sale of Assets	0.1	0.22	0.17	0.08	-	0.03
Pretax Income	7.12	7.34	5.63	10.49	8.28	3.53
Income Tax Expense	1.16	1	0.68	0.83	0.7	0.74
Net Income	5.97	6.34	4.95	9.66	7.58	2.8
Net Income to Common	5.97	6.34	4.95	9.66	7.58	2.8
Net Income Growth	-38.23%	28.07%	-48.73%	27.45%	170.78%	-
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
EPS (Basic)	1.99	2.11	1.65	3.22	2.53	0.93
EPS (Diluted)	1.99	2.11	1.65	3.22	2.53	0.93
EPS Growth	-38.23%	28.07%	-48.73%	27.45%	170.78%	-
Free Cash Flow	4.31	2.96	-0.25	8.57	0.4	5.9
Free Cash Flow Per Share	1.44	0.98	-0.08	2.86	0.13	1.97
Dividend Per Share	1.000	0.500	-	-	-	-
Gross Margin	14.21%	13.22%	17.77%	19.67%	18.72%	17.92%
Operating Margin	5.68%	5.92%	5.38%	7.55%	6.39%	4.91%
Profit Margin	4.28%	4.59%	4.22%	6.95%	5.75%	2.91%
Free Cash Flow Margin	3.09%	2.14%	-0.21%	6.17%	0.30%	6.14%
EBITDA	10.52	10.46	7.91	11.92	9.95	6.63
EBITDA Margin	7.55%	7.56%	6.74%	8.58%	7.55%	6.90%
D&A For EBITDA	2.6	2.28	1.59	1.44	1.53	1.91
EBIT	7.92	8.18	6.32	10.49	8.42	4.72
EBIT Margin	5.68%	5.92%	5.38%	7.55%	6.39%	4.91%
Effective Tax Rate	16.26%	13.62%	12.11%	7.92%	8.47%	20.82%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.