Al Rashid Industrial Co., Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	152.74	135.03	116.5	95.15	78.77
Revenue Growth (YoY)	13.11%	15.91%	22.44%	20.79%	-
Cost of Revenue	93.11	90.85	80.92	64.81	47.55
Gross Profit	59.63	44.19	35.58	30.34	31.22
Selling, General & Admin	23.32	20.62	17.7	14.42	15.57
Operating Expenses	24.25	20.55	17.88	14.23	16.02
Operating Income	35.37	23.63	17.7	16.12	15.21
Interest Expense	-0.08	-0.03	-0.05	-0.05	-0.05
Interest & Investment Income	0.99	0.33	-	0.02	0.02
Other Non Operating Income (Expenses)	0.36	0.16	0.19	0.32	0.15
EBT Excluding Unusual Items	36.65	24.09	17.85	16.4	15.32
Gain (Loss) on Sale of Investments	0.27	-	0.23	-0.04	0.07
Gain (Loss) on Sale of Assets	0.34	0.1	0.03	0.08	0.04
Pretax Income	37.26	24.19	18.11	16.44	15.43
Income Tax Expense	2.37	1.9	1.56	1.22	0.76
Net Income	34.89	22.29	16.55	15.22	14.67
Net Income to Common	34.89	22.29	16.55	15.22	14.67
Net Income Growth	56.53%	34.71%	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)	4.36	2.79	2.07	1.87	1.92
EPS (Diluted)	4.36	2.79	2.07	1.87	1.92
EPS Growth	56.53%	34.71%	10.62%	-2.60%	-
Free Cash Flow	19.38	28.8	19.78	5.96	15.43
Free Cash Flow Per Share	2.42	3.60	2.47	0.73	2.02
Dividend Per Share	1.250	1.000	0.750	1.000	1.980
Dividend Growth	25.00%	33.33%	-25.00%	-49.49%	-
Gross Margin	39.04%	32.72%	30.54%	31.89%	39.64%
Operating Margin	23.16%	17.50%	15.19%	16.94%	19.30%
Profit Margin	22.84%	16.51%	14.21%	16.00%	18.63%
Free Cash Flow Margin	12.69%	21.33%	16.98%	6.26%	19.59%
EBITDA	44.38	33.11	26.82	24.93	24.44
EBITDA Margin	29.06%	24.52%	23.02%	26.20%	31.03%
D&A For EBITDA	9.01	9.48	9.12	8.82	9.24
EBIT	35.37	23.63	17.7	16.12	15.21
EBIT Margin	23.16%	17.50%	15.19%	16.94%	19.30%
Effective Tax Rate	6.35%	7.84%	8.62%	7.42%	4.92%
Advertising Expenses	0.3	0.49	-	-	-

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