TADAWUL:9648 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	179.72	185.57	56.2	57.4	84.77
Revenue Growth (YoY)	219.81%	230.23%	-2.10%	-32.29%	-
Cost of Revenue	146.32	151.89	37.82	46.57	75.26
Gross Profit	33.4	33.68	18.38	10.83	9.51
Selling, General & Admin	20.89	18.77	15.1	10.06	5.79
Amortization of Goodwill & Intangibles	-	-	0.12	0.03	0.03
Other Operating Expenses	-2.35	-0.28	-0.21	-	-
Operating Expenses	18.54	18.49	17.59	11.46	6.14
Operating Income	14.85	15.19	0.78	-0.63	3.37
Interest Expense	-6.57	-7.38	-7.36	-3.67	-0.14
Earnings From Equity Investments	1.81	0.06	5.43	2.57	1.43
Other Non Operating Income (Expenses)	0.91	0.91	-0.02	-0.01	-0.02
EBT Excluding Unusual Items	11	8.78	-1.16	-1.75	4.64
Gain (Loss) on Sale of Investments	2.94	-0.55	0.36	1.01	1.72
Gain (Loss) on Sale of Assets	1.86	0.81	1.36	3.39	1.95
Asset Writedown	-	-	6.23	-	-
Pretax Income	15.8	9.05	6.79	2.65	8.3
Income Tax Expense	4.03	3.32	2.42	0.19	0.53
Earnings From Continuing Operations	11.77	5.73	4.37	2.46	7.77
Minority Interest in Earnings	1.7	1.31	0.25	-	-
Net Income	13.46	7.04	4.62	2.46	7.77
Net Income to Common	13.46	7.04	4.62	2.46	7.77
Net Income Growth	191.12%	52.13%	88.17%	-68.36%	-
Shares Outstanding (Basic)	24	24	17	7	-
Shares Outstanding (Diluted)	24	24	17	7	-
Shares Change (YoY)	41.86%	41.86%	141.68%	-	-
EPS (Basic)	0.56	0.29	0.27	0.35	-
EPS (Diluted)	0.56	0.29	0.27	0.35	-
EPS Growth	105.21%	7.24%	-22.14%	-	-
Free Cash Flow	23.04	79.52	21.22	-65.81	-0.8
Free Cash Flow Per Share	0.96	3.31	1.25	-9.40	-
Gross Margin	18.58%	18.15%	32.70%	18.87%	11.21%
Operating Margin	8.27%	8.18%	1.40%	-1.10%	3.97%
Profit Margin	7.49%	3.79%	8.23%	4.28%	9.16%
Free Cash Flow Margin	12.82%	42.85%	37.77%	-114.65%	-0.95%
EBITDA	17.23	17.7	3.2	0.88	3.89
EBITDA Margin	9.59%	9.54%	5.69%	1.52%	4.59%
D&A For EBITDA	2.38	2.51	2.41	1.51	0.52
EBIT	14.85	15.19	0.78	-0.63	3.37
EBIT Margin	8.27%	8.18%	1.40%	-1.10%	3.97%
Effective Tax Rate	25.53%	36.71%	35.68%	7.20%	6.39%
Advertising Expenses	-	0.71	0.29	0.41	0.06

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