Axelerated Solutions for Information and Communication Technology Company (TADAWUL:9637)

TADAWUL:9637 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	506.12	419.24	270.86	270.1
Revenue Growth (YoY)	50.94%	54.78%	0.28%	-
Cost of Revenue	417.72	352.49	214.91	221.31
Gross Profit	88.4	66.74	55.95	48.79
Selling, General & Admin	22.61	17.96	11.79	7.54
Operating Expenses	23.72	17.95	16.03	9.52
Operating Income	64.68	48.8	39.92	39.27
Interest Expense	-0.36	-0.04	-0.03	-0.04
Other Non Operating Income (Expenses)	5.79	3.99	2.34	1.19
EBT Excluding Unusual Items	70.11	52.74	42.24	40.42
Gain (Loss) on Sale of Assets	-	-	-	-0
Pretax Income	68.88	52.74	42.24	40.42
Income Tax Expense	5.22	4.02	3.41	2.33
Earnings From Continuing Operations	63.67	48.72	38.83	38.08
Minority Interest in Earnings	2.08	0.64	-	-
Net Income	65.75	49.36	38.83	38.08
Net Income to Common	65.75	49.36	38.83	38.08
Net Income Growth	93.80%	27.12%	1.96%	-
Shares Outstanding (Basic)	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25
EPS (Basic)	2.60	1.97	1.55	1.52
EPS (Diluted)	2.60	1.97	1.55	1.52
EPS Growth	91.88%	27.12%	1.96%	-
Free Cash Flow	33.92	21.35	-8.36	51.73
Free Cash Flow Per Share	1.34	0.85	-0.34	2.07
Dividend Per Share	-	-	0.160	-
Gross Margin	17.47%	15.92%	20.66%	18.06%
Operating Margin	12.78%	11.64%	14.74%	14.54%
Profit Margin	12.99%	11.77%	14.34%	14.10%
Free Cash Flow Margin	6.70%	5.09%	-3.09%	19.15%
EBITDA	65.87	49.6	40.55	39.84
EBITDA Margin	13.01%	11.83%	14.97%	14.75%
D&A For EBITDA	1.19	0.81	0.63	0.57
EBIT	64.68	48.8	39.92	39.27
EBIT Margin	12.78%	11.64%	14.74%	14.54%
Effective Tax Rate	7.57%	7.62%	8.07%	5.77%

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