QSE:MHAR Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	960.72	800.45	683.16	570.94	136.16	141.09
Revenue Growth (YoY)	34.86%	17.17%	19.66%	319.32%	-3.50%	-
Cost of Revenue	807.23	660.72	547.03	460.4	101.51	118.8
Gross Profit	153.49	139.73	136.12	110.54	34.64	22.29
Selling, General & Admin	123.95	115.81	119.4	95.67	31.7	30.62
Other Operating Expenses	-12.15	-11.72	-6.19	-7.2	-2.31	-
Operating Expenses	116.9	109.42	118.37	92.57	30.64	34.85
Operating Income	36.59	30.31	17.76	17.96	4.01	-12.56
Interest Expense	-5.29	-5.76	-5.58	-3.97	-2.43	-2.02
Interest & Investment Income	0.88	0.88	1.07	2.33	1.04	0.45
Earnings From Equity Investments	12.26	11.7	6.13	0.86	2.13	-3.56
Currency Exchange Gain (Loss)	0.27	-1.27	-0.52	1.44	0.18	-0.56
Other Non Operating Income (Expenses)	-	-	-	-	-	2.71
EBT Excluding Unusual Items	44.71	35.87	18.86	18.62	4.92	-15.54
Impairment of Goodwill	-	-	-	-	-	-0.04
Gain (Loss) on Sale of Assets	0.88	0.88	3	0.59	0.43	3.48
Legal Settlements	-	-	-	-	-	1.4
Other Unusual Items	-	-	-	-	0.12	0.38
Pretax Income	45.58	36.74	21.86	19.2	5.47	-10.33
Income Tax Expense	2.01	1.56	0.4	-	-0.01	0.02
Earnings From Continuing Operations	43.57	35.18	21.46	19.2	5.48	-10.35
Minority Interest in Earnings	2.24	2.89	6.71	1.13	-1.24	2.34
Net Income	45.82	38.08	28.17	20.33	4.25	-8.01
Net Income to Common	45.82	38.08	28.17	20.33	4.25	-8.01
Net Income Growth	26.42%	35.20%	38.53%	378.83%	-	-
Shares Outstanding (Basic)	207	207	207	153	10	-
Shares Outstanding (Diluted)	207	207	207	153	10	-
Shares Change (YoY)	-	-	35.27%	1430.27%	-	-
EPS (Basic)	0.22	0.18	0.14	0.13	0.42	-
EPS (Diluted)	0.22	0.18	0.14	0.13	0.42	-
EPS Growth	26.42%	35.20%	2.41%	-68.71%	-	-
Free Cash Flow	82.83	12.83	20.68	13.8	1.42	17.98
Free Cash Flow Per Share	0.40	0.06	0.10	0.09	0.14	-
Dividend Per Share	0.120	0.120	0.100	-	-	-
Dividend Growth	20.00%	20.00%	-	-	-	-
Gross Margin	15.98%	17.46%	19.93%	19.36%	25.44%	15.80%
Operating Margin	3.81%	3.79%	2.60%	3.15%	2.94%	-8.90%
Profit Margin	4.77%	4.76%	4.12%	3.56%	3.12%	-5.68%
Free Cash Flow Margin	8.62%	1.60%	3.03%	2.42%	1.04%	12.75%
EBITDA	51.62	44.82	31.16	30.61	10.55	-6.91
EBITDA Margin	5.37%	5.60%	4.56%	5.36%	7.75%	-4.90%
D&A For EBITDA	15.03	14.51	13.41	12.64	6.54	5.65
EBIT	36.59	30.31	17.76	17.96	4.01	-12.56
EBIT Margin	3.81%	3.79%	2.60%	3.15%	2.94%	-8.90%
Effective Tax Rate	4.42%	4.23%	1.81%	-	-	-
Advertising Expenses	-	1.67	1.36	0.51	0.08	0.06

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