Flynas 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	FY 2020
Period Ending	Sep '25 Sep 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	7,728	7,556	6,362	4,809	2,673	1,734
Revenue Growth (YoY)	5.08%	18.77%	32.29%	79.90%	54.22%	-
Cost of Revenue	6,219	6,088	5,456	4,213	2,394	2,083
Gross Profit	1,509	1,469	905.8	596.25	278.96	-349.58
Selling, General & Admin	527.08	510	311.64	278.2	213.28	186.82
Other Operating Expenses	-	-	-	-	-36.8	33.15
Operating Expenses	521.81	536.31	311.66	286.56	219.25	278.18
Operating Income	986.75	932.19	594.15	309.69	59.71	-627.76
Interest Expense	-713.46	-664.41	-469.37	-271.38	-135.54	-91.29
Interest & Investment Income	129.34	71.62	51.89	12.88	0.09	1.57
Currency Exchange Gain (Loss)	-8.35	-17.75	-8.28	-2.68	-0.78	-1.8
Other Non Operating Income (Expenses)	4.38	4.38	-33.65	-6.36	-2.53	-9.29
EBT Excluding Unusual Items	398.65	326.02	134.73	42.15	-79.06	-728.58
Gain (Loss) on Sale of Assets	62.98	130.67	283.17	135.52	130.71	99.52
Pretax Income	-621.33	456.69	417.89	177.67	51.65	-629.06
Income Tax Expense	32.21	23.18	16.55	5.9	0.87	-
Net Income	-653.55	433.51	401.35	171.77	50.78	-629.06
Net Income to Common	-653.55	433.51	401.35	171.77	50.78	-629.06
Net Income Growth	-	8.01%	133.65%	238.28%	-	-
Shares Outstanding (Basic)	151	145	153	145	145	-
Shares Outstanding (Diluted)	151	145	153	145	145	-
Shares Change (YoY)	-1.71%	-5.42%	5.73%	-	-	-
EPS (Basic)	-4.33	2.99	2.62	1.18	0.35	-
EPS (Diluted)	-4.33	2.99	2.62	1.18	0.35	-
EPS Growth	-	14.21%	120.98%	238.28%	-	-
Free Cash Flow	92.54	1,211	795.98	-137.13	220.87	166.85
Free Cash Flow Per Share	0.61	8.35	5.19	-0.94	1.52	-
Gross Margin	19.52%	19.43%	14.24%	12.40%	10.44%	-20.17%
Operating Margin	12.77%	12.34%	9.34%	6.44%	2.23%	-36.21%
Profit Margin	-8.46%	5.74%	6.31%	3.57%	1.90%	-36.29%
Free Cash Flow Margin	1.20%	16.03%	12.51%	-2.85%	8.26%	9.63%
EBITDA	1,061	980.45	657.93	359.89	101.26	-540.48
EBITDA Margin	13.73%	12.98%	10.34%	7.48%	3.79%	-31.18%
D&A For EBITDA	73.88	48.25	63.79	50.2	41.56	87.28
EBIT	986.75	932.19	594.15	309.69	59.71	-627.76
EBIT Margin	12.77%	12.34%	9.34%	6.44%	2.23%	-36.21%
Effective Tax Rate	-	5.08%	3.96%	3.32%	1.69%	-

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