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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	141.92	135.03	116.5	95.15	78.77
Revenue Growth (YoY)	10.89%	15.91%	22.44%	20.79%	-
Cost of Revenue	87.89	91.01	80.92	64.81	47.55
Gross Profit	54.03	44.02	35.58	30.34	31.22
Selling, General & Admin	22.23	21.42	17.7	14.42	15.57
Operating Expenses	22.75	21.36	17.88	14.23	16.02
Operating Income	31.28	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)	0.89	0.16	0.19	0.32	0.15
EBT Excluding Unusual Items	32.14	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	32.57	23.22	18.11	16.44	15.43
Income Tax Expense	2.15	1.9	1.56	1.22	0.76
Net Income	30.42	21.32	16.55	15.22	14.67
Net Income to Common	30.42	21.32	16.55	15.22	14.67
Net Income Growth	57.90%	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)	3.80	2.67	2.07	1.87	1.92
EPS (Diluted)	3.80	2.67	2.07	1.87	1.92
EPS Growth	57.90%	28.84%	10.62%	-2.60%	-
Free Cash Flow	25.13	28.8	19.78	5.96	15.43
Free Cash Flow Per Share	3.14	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	38.07%	32.60%	30.54%	31.89%	39.64%
Operating Margin	22.04%	16.78%	15.19%	16.94%	19.30%
Profit Margin	21.44%	15.79%	14.21%	16.00%	18.63%
Free Cash Flow Margin	17.71%	21.33%	16.98%	6.26%	19.59%
EBITDA	40.45	32.14	26.82	24.93	24.44
EBITDA Margin	28.50%	23.80%	23.02%	26.20%	31.03%
D&A For EBITDA	9.17	9.48	9.12	8.82	9.24
EBIT	31.28	22.66	17.7	16.12	15.21
EBIT Margin	22.04%	16.78%	15.19%	16.94%	19.30%
Effective Tax Rate	6.59%	8.16%	8.62%	7.42%	4.92%

Updated Sep 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.