Atlas Elevators General Trading & Contracting 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
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	81.63	71.29	77.34	79.29
Revenue Growth (YoY)	11.39%	-7.83%	-2.45%	-
Cost of Revenue	58.58	44.66	52.33	52.41
Gross Profit	23.06	26.63	25.01	26.88
Selling, General & Admin	21.48	20.23	16	16.14
Operating Expenses	21.64	20.39	16	16.14
Operating Income	1.41	6.24	9.01	10.73
Interest Expense	-0.23	-0.33	-0.27	-0.22
Currency Exchange Gain (Loss)	0.34	0.34	0.67	0.22
Other Non Operating Income (Expenses)	-0.02	1.34	0.65	1.28
EBT Excluding Unusual Items	1.5	7.58	10.07	12.01
Gain (Loss) on Sale of Assets	5.85	0.91	0.51	-0.19
Asset Writedown	2.66	2.66	-	-
Pretax Income	10.01	11.15	10.59	11.82
Income Tax Expense	1.09	1.05	0.97	1.05
Earnings From Continuing Operations	8.92	10.1	9.62	10.77
Minority Interest in Earnings	-0.08	-0.08	-0.09	-0.09
Net Income	8.84	10.02	9.53	10.68
Net Income to Common	8.84	10.02	9.53	10.68
Net Income Growth	-29.69%	5.17%	-10.79%	-
Shares Outstanding (Basic)	6	5	5	5
Shares Outstanding (Diluted)	6	5	5	5
Shares Change (YoY)	18.60%	6.11%	-	-
EPS (Basic)	1.55	1.97	1.99	2.23
EPS (Diluted)	1.55	1.97	1.99	2.23
EPS Growth	-40.71%	-0.88%	-10.79%	-
Free Cash Flow	0.09	6.28	-0.07	-3.61
Free Cash Flow Per Share	0.02	1.23	-0.01	-0.75
Dividend Per Share	-	-	0.500	0.500
Gross Margin	28.24%	37.36%	32.34%	33.90%
Operating Margin	1.73%	8.75%	11.65%	13.54%
Profit Margin	10.83%	14.06%	12.32%	13.47%
Free Cash Flow Margin	0.11%	8.81%	-0.09%	-4.56%
EBITDA	2.75	7.61	10.59	12.28
EBITDA Margin	3.37%	10.68%	13.69%	15.49%
D&A For EBITDA	1.34	1.38	1.58	1.55
EBIT	1.41	6.24	9.01	10.73
EBIT Margin	1.73%	8.75%	11.65%	13.54%
Effective Tax Rate	10.88%	9.42%	9.14%	8.90%
Advertising Expenses	-	0.55	1	1

Source: S&P Capital IQ. Standard template. Financial Sources.