Mulkia Investment Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	37.09	44	47.39	31.8	17.47
Other Revenue	5.3	2.18	-3.56	5.03	7.36
Revenue	42.39	46.18	43.83	36.84	24.83
Revenue Growth (YoY)	-8.20%	5.37%	18.98%	48.34%	19.16%
Cost of Revenue	12.33	13	12.97	8.31	6.07
Gross Profit	30.06	33.18	30.86	28.53	18.76
Selling, General & Admin	7.04	4.04	4.96	5.77	7.78
Amortization of Goodwill & Intangibles	0.03	0.06	0.05	0.06	-
Other Operating Expenses	2.18	1.78	1.62	-	-
Operating Expenses	10.21	6.99	7.89	6.82	8.7
Operating Income	19.85	26.2	22.97	21.71	10.06
Interest Expense	-0.81	-0.88	-0.25	-0.12	-0.06
Other Non Operating Income (Expenses)	0.42	0.71	0.15	0.02	0.01
Pretax Income	19.46	26.03	22.87	21.61	10.01
Income Tax Expense	2.78	1.76	2.06	5.29	1.67
Net Income	16.68	24.27	20.82	16.32	8.34
Net Income to Common	16.68	24.27	20.82	16.32	8.34
Net Income Growth	-31.29%	16.59%	27.54%	95.81%	92.36%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-	-	-	-	-13.30%
EPS (Basic)	2.14	3.11	2.67	2.09	1.07
EPS (Diluted)	2.14	3.11	2.67	2.09	1.07
EPS Growth	-31.29%	16.59%	27.54%	95.81%	121.87%
Free Cash Flow	18.73	14.77	-11.99	35.75	-25.89
Free Cash Flow Per Share	2.40	1.89	-1.54	4.58	-3.32
Dividend Per Share	-	2.083	2.083	1.875	-
Dividend Growth	-	-	11.11%	-	-
Gross Margin	70.91%	71.86%	70.41%	77.45%	75.54%
Operating Margin	46.83%	56.73%	52.41%	58.94%	40.51%
Profit Margin	39.34%	52.55%	47.50%	44.31%	33.57%
Free Cash Flow Margin	44.19%	31.97%	-27.35%	97.04%	-104.25%
EBITDA	20.24	26.65	23.52	22.15	10.44
EBITDA Margin	47.75%	57.70%	53.66%	60.14%	42.02%
D&A For EBITDA	0.39	0.45	0.55	0.44	0.38
EBIT	19.85	26.2	22.97	21.71	10.06
EBIT Margin	46.83%	56.73%	52.41%	58.94%	40.51%
Effective Tax Rate	14.30%	6.74%	8.99%	24.46%	16.72%
Revenue as Reported	42.39	46.18	43.83	36.84	24.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.