Riyadh Steel Company (TADAWUL:9588)

Riyadh Steel Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	162.57	134.2	156.1	144.74	110.83
Revenue Growth (YoY)	21.14%	-14.03%	7.85%	30.60%	-
Cost of Revenue	146.23	112.15	139.87	128.86	104.07
Gross Profit	16.34	22.05	16.23	15.88	6.76
Selling, General & Admin	12.27	10.67	9.76	7.34	3.39
Other Operating Expenses	-	-	-	-0.55	-0.2
Operating Expenses	12.27	10.67	9.76	6.33	3.31
Operating Income	4.07	11.39	6.48	9.55	3.46
Interest Expense	-0.96	-0.59	-0.24	-0.27	-0.17
Interest & Investment Income	0.68	0.35	-	-	-
Other Non Operating Income (Expenses)	-0.15	1.82	0.2	-	-0.22
EBT Excluding Unusual Items	3.64	12.97	6.44	9.29	3.07
Gain (Loss) on Sale of Assets	-	-	0.01	-	-
Pretax Income	3.64	12.97	6.45	9.29	3.07
Income Tax Expense	1.64	1.82	1.36	1.11	1.06
Net Income	2	11.14	5.09	8.18	2
Net Income to Common	2	11.14	5.09	8.18	2
Net Income Growth	-82.06%	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)	0.03	0.16	0.07	0.32	-
EPS (Diluted)	0.03	0.16	0.07	0.32	-
EPS Growth	-82.06%	118.80%	-76.92%	-	-
Free Cash Flow	23.35	-3.99	8.73	14.98	6.04
Free Cash Flow Per Share	0.33	-0.06	0.13	0.58	-
Gross Margin	10.05%	16.43%	10.40%	10.97%	6.10%
Operating Margin	2.50%	8.48%	4.15%	6.60%	3.12%
Profit Margin	1.23%	8.30%	3.26%	5.65%	1.80%
Free Cash Flow Margin	14.36%	-2.97%	5.59%	10.35%	5.45%
EBITDA	6.88	14.23	9.52	11.65	4.5
EBITDA Margin	4.23%	10.61%	6.10%	8.05%	4.06%
D&A For EBITDA	2.81	2.85	3.05	2.1	1.05
EBIT	4.07	11.39	6.48	9.55	3.46
EBIT Margin	2.50%	8.48%	4.15%	6.60%	3.12%
Effective Tax Rate	45.04%	14.07%	21.09%	11.96%	34.73%

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