Armah Sports Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	80.11	13.19	0.44
Revenue Growth (YoY)	507.24%	2914.02%	-
Cost of Revenue	49.46	15.06	2.08
Gross Profit	30.65	-1.87	-1.64
Selling, General & Admin	20.25	23.07	9.17
Other Operating Expenses	-1.73	-3.94	-0.12
Operating Expenses	18.52	19.12	9.05
Operating Income	12.13	-20.99	-10.69
Interest Expense	-11.23	-4.25	-0.44
Interest & Investment Income	0.37	-	-
Other Non Operating Income (Expenses)	-0.47	-	-
Pretax Income	0.8	-25.24	-11.12
Income Tax Expense	0.04	-	0.03
Net Income	0.76	-25.24	-11.15
Net Income to Common	0.76	-25.24	-11.15
Shares Outstanding (Basic)	29	15	5
Shares Outstanding (Diluted)	29	15	5
Shares Change (YoY)	100.36%	176.10%	-
EPS (Basic)	0.03	-1.74	-2.12
EPS (Diluted)	0.03	-1.74	-2.12
Free Cash Flow	-52.4	-109.56	-68.11
Free Cash Flow Per Share	-1.80	-7.54	-12.94
Gross Margin	38.26%	-14.14%	-
Operating Margin	15.15%	-159.10%	-2441.35%
Profit Margin	0.95%	-191.34%	-2548.32%
Free Cash Flow Margin	-65.40%	-830.45%	-15559.46%
EBITDA	31.79	-15.09	-10.16
EBITDA Margin	39.69%	-114.35%	-
D&A For EBITDA	19.66	5.9	0.53
EBIT	12.13	-20.99	-10.69
EBIT Margin	15.15%	-159.10%	-
Effective Tax Rate	5.04%	-	-

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