Pan Gulf Marketing Company (TADAWUL: 9593)

Pan Gulf Marketing Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	405.9	422.35	415.41	247.34
Revenue Growth (YoY)	-3.76%	1.67%	67.95%	-
Cost of Revenue	276.04	288.01	286.44	167.34
Gross Profit	129.86	134.34	128.97	80
Selling, General & Admin	92.14	91.71	87.15	66.28
Other Operating Expenses	-0.13	-0.28	-0.36	-2.2
Operating Expenses	93.11	92.75	87.95	64.08
Operating Income	36.75	41.59	41.02	15.92
Interest Expense	-15.5	-15.59	-8.82	-8.46
Currency Exchange Gain (Loss)	0.27	-0.25	2.99	1.33
EBT Excluding Unusual Items	21.52	25.75	35.18	8.79
Gain (Loss) on Sale of Assets	0.07	0.07	0.01	0
Asset Writedown	-	-	-	-0.08
Pretax Income	21.59	25.82	35.2	8.71
Income Tax Expense	2.65	2.98	2.41	0.74
Net Income	18.94	22.84	32.78	7.97
Preferred Dividends & Other Adjustments	-	-	-0.16	-
Net Income to Common	18.94	22.84	32.94	7.97
Net Income Growth	-25.78%	-30.33%	311.09%	-
Shares Outstanding (Basic)	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8
EPS (Basic)	2.52	3.05	4.39	1.06
EPS (Diluted)	2.52	3.05	4.39	1.06
EPS Growth	-26.24%	-30.67%	313.06%	-
Free Cash Flow	62.84	19.77	25.32	-1.65
Free Cash Flow Per Share	8.38	2.64	3.38	-0.22
Dividend Per Share	-	-	0.733	10.467
Dividend Growth	-	-	-92.99%	-
Gross Margin	31.99%	31.81%	31.05%	32.34%
Operating Margin	9.05%	9.85%	9.87%	6.44%
Profit Margin	4.67%	5.41%	7.93%	3.22%
Free Cash Flow Margin	15.48%	4.68%	6.09%	-0.67%
EBITDA	38.14	42.76	41.95	16.78
EBITDA Margin	9.40%	10.12%	10.10%	6.78%
D&A For EBITDA	1.39	1.17	0.93	0.86
EBIT	36.75	41.59	41.02	15.92
EBIT Margin	9.05%	9.85%	9.87%	6.44%
Effective Tax Rate	12.29%	11.54%	6.86%	8.45%
Advertising Expenses	-	4.34	4.97	4.98

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