Modern Mills Company 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	1,020	1,000	938.62	978	555.01
Revenue Growth (YoY)	5.42%	6.57%	-4.03%	76.21%	-
Cost of Revenue	648.71	628.45	594.7	613.8	393.76
Gross Profit	371.16	371.8	343.92	364.2	161.25
Selling, General & Admin	114.08	112.61	90.21	94.69	72.75
Other Operating Expenses	-0.21	-0.22	-0.04	-0.03	-
Operating Expenses	114.01	112.53	90.36	94.76	72.75
Operating Income	257.15	259.27	253.56	269.44	88.5
Interest Expense	-45.96	-54.9	-48.25	-35.82	-6.92
Interest & Investment Income	6.27	7.26	3.99	1.34	0.2
Other Non Operating Income (Expenses)	-	-	-	-	0.11
EBT Excluding Unusual Items	217.46	211.63	209.3	234.97	81.89
Gain (Loss) on Sale of Assets	0.02	0.02	0.01	0.67	-
Pretax Income	217.49	211.65	209.31	235.64	81.89
Income Tax Expense	3	2.98	7.5	2.63	2.38
Net Income	214.49	208.67	201.81	233.01	79.51
Net Income to Common	214.49	208.67	201.81	233.01	79.51
Net Income Growth	4.09%	3.40%	-13.39%	193.04%	-
Shares Outstanding (Basic)	81	81	82	82	82
Shares Outstanding (Diluted)	81	81	82	82	82
Shares Change (YoY)	-0.74%	-0.77%	-	-	-
EPS (Basic)	2.65	2.57	2.47	2.85	0.97
EPS (Diluted)	2.64	2.57	2.47	2.85	0.97
EPS Growth	4.55%	4.20%	-13.39%	193.04%	-
Free Cash Flow	155.25	170.06	182.84	321.47	136.8
Free Cash Flow Per Share	1.92	2.09	2.23	3.93	1.67
Dividend Per Share	2.000	2.000	1.000	-	-
Dividend Growth	-	100.00%	-	-	-
Gross Margin	36.39%	37.17%	36.64%	37.24%	29.05%
Operating Margin	25.21%	25.92%	27.01%	27.55%	15.95%
Profit Margin	21.03%	20.86%	21.50%	23.82%	14.33%
Free Cash Flow Margin	15.22%	17.00%	19.48%	32.87%	24.65%
EBITDA	305.08	307.4	300.36	312.09	130.53
EBITDA Margin	29.91%	30.73%	32.00%	31.91%	23.52%
D&A For EBITDA	47.93	48.13	46.81	42.65	42.03
EBIT	257.15	259.27	253.56	269.44	88.5
EBIT Margin	25.21%	25.92%	27.01%	27.55%	15.95%
Effective Tax Rate	1.38%	1.41%	3.58%	1.11%	2.90%

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