TADAWUL:9574 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	418.78	313.17	250.12	176.05	131.26
Revenue Growth (YoY)	33.72%	25.21%	42.07%	34.13%	76.39%
Cost of Revenue	233.79	174.37	138.15	92.4	64.35
Gross Profit	184.99	138.8	111.96	83.65	66.91
Selling, General & Admin	121.9	95.65	76.1	55.35	42.02
Operating Expenses	125.22	99.45	78.9	57.75	42.46
Operating Income	59.77	39.35	33.07	25.9	24.45
Interest Expense	-11.61	-10.82	-6.65	-0.1	-
Currency Exchange Gain (Loss)	-3.5	-1.89	-0.57	-	-
Other Non Operating Income (Expenses)	1.86	3.37	0.27	-4.93	-2.64
EBT Excluding Unusual Items	46.51	30	26.12	20.87	21.81
Gain (Loss) on Sale of Assets	-	-	1.09	-	-
Asset Writedown	-0.84	-	-	-	-
Pretax Income	45.67	30	27.22	20.87	21.81
Income Tax Expense	3.97	2.36	2.37	1.85	1.19
Earnings From Continuing Operations	41.7	27.64	24.84	19.02	20.62
Minority Interest in Earnings	0.01	0.01	-0	-	-
Net Income	41.71	27.65	24.84	19.02	20.62
Net Income to Common	41.71	27.65	24.84	19.02	20.62
Net Income Growth	50.84%	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)	11.92	7.90	7.10	8.52	26.73
EPS (Diluted)	11.92	7.90	7.10	8.52	26.73
EPS Growth	50.84%	11.29%	-16.64%	-68.14%	-
Free Cash Flow	-23.52	-8.46	-3.1	-10.43	17.69
Free Cash Flow Per Share	-6.72	-2.42	-0.89	-4.67	22.93
Dividend Per Share	-	1.000	-	-	-
Gross Margin	44.17%	44.32%	44.77%	47.51%	50.98%
Operating Margin	14.27%	12.57%	13.22%	14.71%	18.63%
Profit Margin	9.96%	8.83%	9.93%	10.80%	15.71%
Free Cash Flow Margin	-5.62%	-2.70%	-1.24%	-5.93%	13.48%
EBITDA	66.04	44.25	37.06	27.96	26.25
EBITDA Margin	15.77%	14.13%	14.82%	15.88%	20.00%
D&A For EBITDA	6.27	4.89	3.99	2.06	1.79
EBIT	59.77	39.35	33.07	25.9	24.45
EBIT Margin	14.27%	12.57%	13.22%	14.71%	18.63%
Effective Tax Rate	8.70%	7.87%	8.72%	8.88%	5.46%

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