Riyadh Steel Company (TADAWUL:9588)

Riyadh Steel Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	151.16	162.57	134.2	156.1	144.74
Revenue Growth (YoY)	-7.02%	21.14%	-14.03%	7.85%	30.60%
Cost of Revenue	134.6	146.23	112.15	139.87	128.86
Gross Profit	16.56	16.34	22.05	16.23	15.88
Selling, General & Admin	9.21	12.11	10.67	9.76	7.34
Other Operating Expenses	-0.11	-0.12	-	-	-0.55
Operating Expenses	9.49	12.16	10.67	9.76	6.33
Operating Income	7.07	4.19	11.39	6.48	9.55
Interest Expense	-0.69	-1.84	-0.59	-0.28	-0.27
Interest & Investment Income	1.14	0.68	0.35	-	-
Other Non Operating Income (Expenses)	0.53	0.6	1.82	0.25	-
EBT Excluding Unusual Items	8.04	3.64	12.97	6.44	9.29
Gain (Loss) on Sale of Assets	-	-	-	0.01	-
Pretax Income	8.04	3.64	12.97	6.45	9.29
Income Tax Expense	2.33	1.64	1.82	1.36	1.11
Net Income	5.72	2	11.14	5.09	8.18
Net Income to Common	5.72	2	11.14	5.09	8.18
Net Income Growth	186.11%	-82.06%	118.80%	-37.71%	308.64%
Shares Outstanding (Basic)	70	70	70	70	26
Shares Outstanding (Diluted)	70	70	70	70	26
Shares Change (YoY)	-	-	-	169.89%	-
EPS (Basic)	0.08	0.03	0.16	0.07	0.32
EPS (Diluted)	0.08	0.03	0.16	0.07	0.32
EPS Growth	186.11%	-82.06%	118.80%	-76.92%	-
Free Cash Flow	14.75	23.67	-3.99	8.73	14.98
Free Cash Flow Per Share	0.21	0.34	-0.06	0.13	0.58
Gross Margin	10.96%	10.05%	16.43%	10.40%	10.97%
Operating Margin	4.68%	2.58%	8.48%	4.15%	6.60%
Profit Margin	3.78%	1.23%	8.30%	3.26%	5.65%
Free Cash Flow Margin	9.76%	14.56%	-2.97%	5.59%	10.35%
EBITDA	9.64	7	14.23	9.52	11.65
EBITDA Margin	6.38%	4.30%	10.61%	6.10%	8.05%
D&A For EBITDA	2.57	2.81	2.85	3.05	2.1
EBIT	7.07	4.19	11.39	6.48	9.55
EBIT Margin	4.68%	2.58%	8.48%	4.15%	6.60%
Effective Tax Rate	28.91%	45.04%	14.07%	21.09%	11.96%

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