View United Real Estate Development Co. Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	79.84	90.72	87.62	44
Revenue Growth (YoY)	-13.62%	3.54%	99.14%	-
Cost of Revenue	54.93	64.86	68.13	29.87
Gross Profit	24.91	25.86	19.49	14.13
Selling, General & Admin	6.84	6.49	6.03	3.94
Operating Expenses	7.04	6.7	6.27	4.19
Operating Income	17.87	19.16	13.22	9.93
Interest Expense	-	-0.03	-0.13	-0.11
Interest & Investment Income	0.81	0.03	0.01	-
Other Non Operating Income (Expenses)	0.81	0.22	0.56	0.21
EBT Excluding Unusual Items	19.48	19.39	13.66	10.03
Gain (Loss) on Sale of Investments	0.07	0.04	-0.18	-0
Gain (Loss) on Sale of Assets	-	-	0.04	-0.03
Asset Writedown	-	-	3.94	1.97
Pretax Income	19.55	19.44	17.46	11.98
Income Tax Expense	0.85	1.23	0.44	0.31
Net Income	18.7	18.22	17.01	11.67
Net Income to Common	18.7	18.22	17.01	11.67
Net Income Growth	-8.54%	7.07%	45.80%	-
Shares Outstanding (Basic)	3	3	3	-
Shares Outstanding (Diluted)	3	3	3	-
Shares Change (YoY)	11.16%	6.16%	-	-
EPS (Basic)	5.61	5.72	5.67	-
EPS (Diluted)	5.61	5.72	5.67	-
EPS Growth	-17.73%	0.85%	-	-
Free Cash Flow	-16.95	11.01	-0.95	-0.77
Free Cash Flow Per Share	-5.08	3.46	-0.32	-
Dividend Per Share	3.000	3.000	-	-
Gross Margin	31.20%	28.51%	22.24%	32.10%
Operating Margin	22.38%	21.12%	15.09%	22.57%
Profit Margin	23.43%	20.08%	19.42%	26.52%
Free Cash Flow Margin	-21.23%	12.14%	-1.09%	-1.75%
EBITDA	18.07	19.37	13.46	10.19
EBITDA Margin	22.63%	21.35%	15.36%	23.16%
D&A For EBITDA	0.21	0.21	0.24	0.26
EBIT	17.87	19.16	13.22	9.93
EBIT Margin	22.38%	21.12%	15.09%	22.57%
Effective Tax Rate	4.33%	6.31%	2.54%	2.56%
Advertising Expenses	-	0.35	0.7	-

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