Mohammed Hadi Al-Rasheed Company (TADAWUL:9601)

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	307.02	215.22	167.59	120.55
Revenue Growth (YoY)	42.65%	28.42%	39.02%	-
Cost of Revenue	198.8	145.55	127.09	86.07
Gross Profit	108.22	69.68	40.5	34.48
Selling, General & Admin	17.86	14.54	10.46	5.23
Operating Expenses	21.72	18.12	12.18	7.09
Operating Income	86.5	51.55	28.33	27.4
Interest Expense	-0.93	-1.5	-1.35	-0.91
Other Non Operating Income (Expenses)	0.08	-0.73	0.01	-0.44
EBT Excluding Unusual Items	85.65	49.32	26.99	26.04
Gain (Loss) on Sale of Assets	2.39	-0.55	-0.07	-0.01
Asset Writedown	-4.36	-	-	-
Other Unusual Items	-	-0.01	-	-
Pretax Income	83.67	48.76	26.93	26.06
Income Tax Expense	2.93	4.05	2.27	1.44
Net Income	80.75	44.71	24.65	24.61
Net Income to Common	80.75	44.71	24.65	24.61
Net Income Growth	80.58%	81.37%	0.16%	-
Shares Outstanding (Basic)	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12
EPS (Basic)	6.73	3.73	2.05	2.05
EPS (Diluted)	6.73	3.73	2.05	2.05
EPS Growth	80.58%	81.37%	0.16%	-
Free Cash Flow	56.01	41.46	31.36	11.78
Free Cash Flow Per Share	4.67	3.46	2.61	0.98
Gross Margin	35.25%	32.37%	24.17%	28.60%
Operating Margin	28.17%	23.95%	16.90%	22.73%
Profit Margin	26.30%	20.78%	14.71%	20.42%
Free Cash Flow Margin	18.24%	19.27%	18.71%	9.78%
EBITDA	99.78	64.46	40.7	39.23
EBITDA Margin	32.50%	29.95%	24.29%	32.55%
D&A For EBITDA	13.28	12.9	12.37	11.84
EBIT	86.5	51.55	28.33	27.4
EBIT Margin	28.17%	23.95%	16.90%	22.73%
Effective Tax Rate	3.50%	8.30%	8.44%	5.54%

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.