Riyal Investment and Development Company (TADAWUL: 9584)

Riyal Investment and Development Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	129.49	121.66	189.58	103.4
Revenue Growth (YoY)	25.23%	-35.83%	83.34%	-
Cost of Revenue	84.39	77.26	149.22	66.45
Gross Profit	45.1	44.4	40.36	36.96
Selling, General & Admin	14.63	14.18	10.81	9.66
Operating Expenses	15.03	14.18	10.81	9.66
Operating Income	30.07	30.22	29.54	27.29
Interest Expense	-21.9	-20.89	-14.45	-5.92
Other Non Operating Income (Expenses)	4.14	4.23	1.82	1.94
EBT Excluding Unusual Items	12.32	13.56	16.91	23.31
Pretax Income	17.89	19.13	20.24	25.04
Income Tax Expense	0.78	0.85	1.09	2.61
Net Income	17.11	18.28	19.14	22.42
Net Income to Common	17.11	18.28	19.14	22.42
Net Income Growth	-23.68%	-4.53%	-14.62%	-
Shares Outstanding (Basic)	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8
EPS (Basic)	2.14	2.28	2.39	2.80
EPS (Diluted)	2.14	2.28	2.39	2.80
EPS Growth	-23.68%	-4.53%	-14.62%	-
Free Cash Flow	71.03	68.43	33.58	-16.66
Free Cash Flow Per Share	8.88	8.55	4.20	-2.08
Gross Margin	34.83%	36.49%	21.29%	35.74%
Operating Margin	23.22%	24.84%	15.58%	26.40%
Profit Margin	13.22%	15.02%	10.10%	21.69%
Free Cash Flow Margin	54.85%	56.25%	17.71%	-16.11%
EBITDA	44.23	43.54	42.4	36.76
EBITDA Margin	34.15%	35.79%	22.37%	35.55%
D&A For EBITDA	14.15	13.32	12.86	9.46
EBIT	30.07	30.22	29.54	27.29
EBIT Margin	23.22%	24.84%	15.58%	26.40%
Effective Tax Rate	4.35%	4.47%	5.40%	10.44%
Advertising Expenses	-	0.77	0.48	-

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