TADAWUL:9648 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	43.29	89.23	56.2	57.4	84.77
Revenue Growth (YoY)	-51.48%	58.78%	-2.10%	-32.29%	-
Cost of Revenue	26.48	63.45	37.82	46.57	75.26
Gross Profit	16.82	25.78	18.38	10.83	9.51
Selling, General & Admin	25.91	18.77	15.1	10.06	5.79
Amortization of Goodwill & Intangibles	-	-	0.12	0.03	0.03
Other Operating Expenses	-0.22	-0.28	-0.21	-	-
Operating Expenses	25.69	18.49	17.59	11.46	6.14
Operating Income	-8.87	7.28	0.78	-0.63	3.37
Interest Expense	-7.16	-7.38	-7.36	-3.67	-0.14
Earnings From Equity Investments	0.23	0.06	5.43	2.57	1.43
Other Non Operating Income (Expenses)	-	-	-0.02	-0.01	-0.02
EBT Excluding Unusual Items	-15.8	-0.03	-1.16	-1.75	4.64
Gain (Loss) on Sale of Investments	2.85	-0.55	0.36	1.01	1.72
Gain (Loss) on Sale of Assets	20.24	9.63	1.36	3.39	1.95
Asset Writedown	-	-	6.23	-	-
Other Unusual Items	1.46	-	-	-	-
Pretax Income	8.75	9.05	6.79	2.65	8.3
Income Tax Expense	3.19	3.32	2.42	0.19	0.53
Earnings From Continuing Operations	5.56	5.73	4.37	2.46	7.77
Minority Interest in Earnings	2.03	1.31	0.25	-	-
Net Income	7.59	7.04	4.62	2.46	7.77
Net Income to Common	7.59	7.04	4.62	2.46	7.77
Net Income Growth	7.88%	52.13%	88.17%	-68.36%	-
Shares Outstanding (Basic)	25	24	17	7	-
Shares Outstanding (Diluted)	25	24	17	7	-
Shares Change (YoY)	5.09%	41.86%	141.68%	-	-
EPS (Basic)	0.30	0.29	0.27	0.35	-
EPS (Diluted)	0.30	0.29	0.27	0.35	-
EPS Growth	2.66%	7.24%	-22.14%	-	-
Free Cash Flow	-81.31	-25.33	21.22	-65.81	-0.8
Free Cash Flow Per Share	-3.22	-1.05	1.25	-9.40	-
Dividend Per Share	-	0.500	-	-	-
Gross Margin	38.84%	28.89%	32.70%	18.87%	11.21%
Operating Margin	-20.49%	8.16%	1.40%	-1.10%	3.97%
Profit Margin	17.53%	7.89%	8.23%	4.28%	9.16%
Free Cash Flow Margin	-187.81%	-28.39%	37.77%	-114.65%	-0.95%
EBITDA	-6.65	9.8	3.2	0.88	3.89
EBITDA Margin	-15.36%	10.98%	5.69%	1.52%	4.59%
D&A For EBITDA	2.22	2.51	2.41	1.51	0.52
EBIT	-8.87	7.28	0.78	-0.63	3.37
EBIT Margin	-20.49%	8.16%	1.40%	-1.10%	3.97%
Effective Tax Rate	36.49%	36.71%	35.68%	7.20%	6.39%
Advertising Expenses	-	-	0.29	0.41	0.06

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