Mufeed Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	165.56	178.94	107.08
Revenue Growth (YoY)	-7.48%	67.11%	-
Cost of Revenue	110.69	95.86	63.76
Gross Profit	54.87	83.08	43.32
Selling, General & Admin	22.37	16.37	8.48
Operating Expenses	22.05	20.3	8.3
Operating Income	32.82	62.78	35.02
Interest Expense	-2.42	-0.75	-0.07
Other Non Operating Income (Expenses)	0.37	0.09	0.05
EBT Excluding Unusual Items	30.78	62.12	35
Legal Settlements	6.84	-1.3	-
Other Unusual Items	-	-0.57	-0.19
Pretax Income	37.62	60.25	34.81
Income Tax Expense	3.03	1.99	1.4
Net Income	34.59	58.26	33.41
Net Income to Common	34.59	58.26	33.41
Net Income Growth	-40.63%	74.37%	-
Shares Outstanding (Basic)	6	6	6
Shares Outstanding (Diluted)	6	6	6
Shares Change (YoY)	0.96%	-	-
EPS (Basic)	5.71	9.71	5.57
EPS (Diluted)	5.71	9.71	5.57
EPS Growth	-41.19%	74.37%	-
Free Cash Flow	14.44	3.67	-0.04
Free Cash Flow Per Share	2.38	0.61	-0.01
Gross Margin	33.14%	46.43%	40.45%
Operating Margin	19.82%	35.08%	32.70%
Profit Margin	20.89%	32.56%	31.20%
Free Cash Flow Margin	8.72%	2.05%	-0.03%
EBITDA	37.79	67.32	37.98
EBITDA Margin	22.83%	37.62%	35.47%
D&A For EBITDA	4.97	4.54	2.96
EBIT	32.82	62.78	35.02
EBIT Margin	19.82%	35.08%	32.70%
Effective Tax Rate	8.06%	3.30%	4.02%
Advertising Expenses	0.89	0.44	0.09

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