Baladna Q.P.S.C. (QSE:BLDN)

Baladna Q.P.S.C. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,163	1,145	1,057	985.62	772.97	752.11
Revenue Growth (YoY)	4.29%	8.37%	7.22%	27.51%	2.77%	247.47%
Cost of Revenue	932.49	930.19	924.61	844.61	628.64	565.67
Gross Profit	230.44	215.04	132.15	141.01	144.32	186.44
Selling, General & Admin	165	165.3	162.34	173.66	164.57	198
Other Operating Expenses	-104.76	-110.96	-117.6	-117.63	-127.87	-158.58
Operating Expenses	60.24	54.34	44.74	56.03	36.69	39.42
Operating Income	170.2	160.7	87.41	84.98	107.63	147.01
Interest Expense	-66.17	-60.97	-68.12	-59.99	-38.43	-38.18
Interest & Investment Income	2.22	2.22	2.28	11.45	-	-
Currency Exchange Gain (Loss)	0.86	0.86	-3.33	-0.18	2.32	0.09
Other Non Operating Income (Expenses)	-0.2	-	-	-0.1	-0.3	-0.3
EBT Excluding Unusual Items	106.92	102.82	18.24	36.17	71.23	108.63
Gain (Loss) on Sale of Investments	43.76	37.96	30.2	-23.25	10.83	-
Gain (Loss) on Sale of Assets	0.12	0.12	0.06	-0.19	0.03	-0.11
Asset Writedown	45.3	45.3	61.5	68.9	52.47	32.13
Other Unusual Items	-	-	-	-	-0.09	-
Pretax Income	196.09	186.19	110	81.63	134.46	140.64
Income Tax Expense	0.89	0.89	0.61	1.01	0.63	0.22
Earnings From Continuing Operations	195.2	185.3	109.39	80.61	133.84	140.43
Minority Interest in Earnings	-0.29	-0.29	0.24	-	-	-
Net Income	194.91	185.01	109.63	80.61	133.84	140.43
Net Income to Common	194.91	185.01	109.63	80.61	133.84	140.43
Net Income Growth	41.38%	68.76%	36.00%	-39.77%	-4.69%	10923.12%
Shares Outstanding (Basic)	1,979	2,001	2,001	2,001	2,001	1,956
Shares Outstanding (Diluted)	1,979	2,001	2,001	2,001	2,001	1,956
Shares Change (YoY)	-1.12%	-	-	-	2.33%	-
EPS (Basic)	0.10	0.09	0.05	0.04	0.07	0.07
EPS (Diluted)	0.10	0.09	0.05	0.04	0.07	0.07
EPS Growth	42.98%	68.76%	36.00%	-39.77%	-6.86%	-
Free Cash Flow	-	76.44	-64.69	-332.02	-4.44	65.51
Free Cash Flow Per Share	-	0.04	-0.03	-0.17	-0.00	0.03
Dividend Per Share	-	-	0.066	-	0.050	0.065
Dividend Growth	-	-	-	-	-22.33%	-
Gross Margin	19.81%	18.78%	12.50%	14.31%	18.67%	24.79%
Operating Margin	14.64%	14.03%	8.27%	8.62%	13.92%	19.55%
Profit Margin	16.76%	16.16%	10.37%	8.18%	17.32%	18.67%
Free Cash Flow Margin	-	6.67%	-6.12%	-33.69%	-0.57%	8.71%
EBITDA	293.67	284.39	217.84	212.74	220.62	246.1
EBITDA Margin	25.25%	24.83%	20.61%	21.58%	28.54%	32.72%
D&A For EBITDA	123.47	123.69	130.42	127.76	112.99	99.09
EBIT	170.2	160.7	87.41	84.98	107.63	147.01
EBIT Margin	14.64%	14.03%	8.27%	8.62%	13.92%	19.55%
Effective Tax Rate	0.46%	0.48%	0.55%	1.24%	0.47%	0.15%
Advertising Expenses	-	31.04	28.75	28.56	31.31	-

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.