TADAWUL:9574 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	355.81	313.17	250.12	176.05	131.26	74.42
Revenue Growth (YoY)	27.67%	25.21%	42.07%	34.13%	76.39%	-
Cost of Revenue	194.56	174.37	138.15	92.4	64.35	34.62
Gross Profit	161.26	138.8	111.96	83.65	66.91	39.8
Selling, General & Admin	108.49	95.65	76.1	55.35	42.02	27.65
Operating Expenses	112.14	99.45	78.9	57.75	42.46	28.15
Operating Income	49.12	39.35	33.07	25.9	24.45	11.65
Interest Expense	-11.69	-10.82	-6.65	-0.1	-	-
Currency Exchange Gain (Loss)	-1.27	-1.27	-0.57	-	-	-
Other Non Operating Income (Expenses)	2.53	1.3	0.27	-4.93	-2.64	-1.64
EBT Excluding Unusual Items	38.7	28.57	26.12	20.87	21.81	10
Gain (Loss) on Sale of Assets	1.44	1.44	1.09	-	-	-
Pretax Income	40.14	30	27.22	20.87	21.81	10
Income Tax Expense	2.5	2.36	2.37	1.85	1.19	0.71
Earnings From Continuing Operations	37.63	27.64	24.84	19.02	20.62	9.3
Minority Interest in Earnings	0.01	0.01	-0	-	-	-
Net Income	37.65	27.65	24.84	19.02	20.62	9.3
Net Income to Common	37.65	27.65	24.84	19.02	20.62	9.3
Net Income Growth	35.47%	11.29%	30.65%	-7.78%	121.80%	-
Shares Outstanding (Basic)	4	4	4	2	1	-
Shares Outstanding (Diluted)	4	4	4	2	1	-
Shares Change (YoY)	-	-	56.73%	189.51%	-	-
EPS (Basic)	10.76	7.90	7.10	8.52	26.73	-
EPS (Diluted)	10.76	7.90	7.10	8.52	26.73	-
EPS Growth	35.47%	11.29%	-16.64%	-68.14%	-	-
Free Cash Flow	-1.3	-8.46	-3.1	-10.43	17.69	9.93
Free Cash Flow Per Share	-0.37	-2.42	-0.89	-4.67	22.93	-
Gross Margin	45.32%	44.32%	44.77%	47.51%	50.98%	53.48%
Operating Margin	13.80%	12.57%	13.22%	14.71%	18.63%	15.65%
Profit Margin	10.58%	8.83%	9.93%	10.80%	15.71%	12.49%
Free Cash Flow Margin	-0.36%	-2.70%	-1.24%	-5.93%	13.48%	13.35%
EBITDA	54.49	44.25	37.06	27.96	26.25	13.26
EBITDA Margin	15.31%	14.13%	14.82%	15.88%	20.00%	17.82%
D&A For EBITDA	5.37	4.89	3.99	2.06	1.79	1.62
EBIT	49.12	39.35	33.07	25.9	24.45	11.65
EBIT Margin	13.80%	12.57%	13.22%	14.71%	18.63%	15.65%
Effective Tax Rate	6.24%	7.87%	8.72%	8.88%	5.46%	7.07%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.