Riyadh Steel Company (TADAWUL: 9588)

Riyadh Steel Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	134.2	134.2	156.1	144.74	110.83
Revenue Growth (YoY)	-	-14.03%	7.85%	30.60%	-
Cost of Revenue	112.15	112.15	139.87	128.86	104.07
Gross Profit	22.05	22.05	16.23	15.88	6.76
Selling, General & Admin	10.9	10.9	9.76	7.34	3.39
Other Operating Expenses	-	-	-	-0.55	-0.2
Operating Expenses	10.9	10.9	9.76	6.33	3.31
Operating Income	11.15	11.15	6.48	9.55	3.46
Interest Expense	-0.59	-0.59	-0.24	-0.27	-0.17
Interest & Investment Income	0.35	0.35	-	-	-
Other Non Operating Income (Expenses)	2.06	2.06	0.2	-	-0.22
EBT Excluding Unusual Items	12.97	12.97	6.44	9.29	3.07
Gain (Loss) on Sale of Assets	-	-	0.01	-	-
Pretax Income	12.97	12.97	6.45	9.29	3.07
Income Tax Expense	1.82	1.82	1.36	1.11	1.06
Net Income	11.14	11.14	5.09	8.18	2
Net Income to Common	11.14	11.14	5.09	8.18	2
Net Income Growth	-	118.80%	-37.71%	308.64%	-
Shares Outstanding (Basic)	70	70	70	26	-
Shares Outstanding (Diluted)	70	70	70	26	-
Shares Change (YoY)	-	-	169.89%	-	-
EPS (Basic)	0.16	0.16	0.07	0.32	-
EPS (Diluted)	0.16	0.16	0.07	0.32	-
EPS Growth	-	118.80%	-76.92%	-	-
Free Cash Flow	-3.99	-3.99	8.73	14.98	6.04
Free Cash Flow Per Share	-0.06	-0.06	0.12	0.58	-
Gross Margin	16.43%	16.43%	10.40%	10.97%	6.10%
Operating Margin	8.31%	8.31%	4.15%	6.60%	3.12%
Profit Margin	8.30%	8.30%	3.26%	5.65%	1.81%
Free Cash Flow Margin	-2.97%	-2.97%	5.60%	10.35%	5.45%
EBITDA	14	14	9.52	11.65	4.5
EBITDA Margin	10.43%	10.43%	6.10%	8.05%	4.06%
D&A For EBITDA	2.85	2.85	3.05	2.1	1.05
EBIT	11.15	11.15	6.48	9.55	3.46
EBIT Margin	8.31%	8.31%	4.15%	6.60%	3.12%
Effective Tax Rate	14.07%	14.07%	21.10%	11.96%	34.73%

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