Al Rashid Industrial Co., 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	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	135.03	135.03	116.5	95.15	78.77
Revenue Growth (YoY)	15.91%	15.91%	22.44%	20.79%	-
Cost of Revenue	91.01	91.01	80.92	64.81	47.55
Gross Profit	44.02	44.02	35.58	30.34	31.22
Selling, General & Admin	21.42	21.42	17.7	14.42	15.57
Operating Expenses	21.36	21.36	17.88	14.23	16.02
Operating Income	22.66	22.66	17.7	16.12	15.21
Interest Expense	-0.03	-0.03	-0.05	-0.05	-0.05
Interest & Investment Income	-	-	-	0.02	0.02
Other Non Operating Income (Expenses)	0.16	0.16	0.19	0.32	0.15
EBT Excluding Unusual Items	22.79	22.79	17.85	16.4	15.32
Gain (Loss) on Sale of Investments	0.33	0.33	0.23	-0.04	0.07
Gain (Loss) on Sale of Assets	0.06	0.06	0.03	0.08	0.04
Other Unusual Items	0.04	0.04	-	-	-
Pretax Income	23.22	23.22	18.11	16.44	15.43
Income Tax Expense	1.9	1.9	1.56	1.22	0.76
Net Income	21.32	21.32	16.55	15.22	14.67
Net Income to Common	21.32	21.32	16.55	15.22	14.67
Net Income Growth	28.84%	28.84%	8.72%	3.73%	-
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-	-	-1.71%	6.50%	-
EPS (Basic)	2.67	2.67	2.07	1.87	1.92
EPS (Diluted)	2.67	2.67	2.07	1.87	1.92
EPS Growth	28.84%	28.84%	10.62%	-2.60%	-
Free Cash Flow	28.8	28.8	19.78	5.96	15.43
Free Cash Flow Per Share	3.60	3.60	2.47	0.73	2.02
Dividend Per Share	1.000	1.000	0.750	1.000	1.980
Dividend Growth	33.33%	33.33%	-25.00%	-49.49%	-
Gross Margin	32.60%	32.60%	30.54%	31.89%	39.64%
Operating Margin	16.78%	16.78%	15.19%	16.94%	19.30%
Profit Margin	15.79%	15.79%	14.20%	16.00%	18.63%
Free Cash Flow Margin	21.33%	21.33%	16.98%	6.26%	19.59%
EBITDA	32.14	32.14	26.82	24.93	24.44
EBITDA Margin	23.80%	23.80%	23.02%	26.20%	31.03%
D&A For EBITDA	9.48	9.48	9.12	8.82	9.24
EBIT	22.66	22.66	17.7	16.12	15.21
EBIT Margin	16.78%	16.78%	15.19%	16.94%	19.30%
Effective Tax Rate	8.16%	8.16%	8.62%	7.43%	4.92%

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