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	Mar '25 Mar 31, 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	7,638	7,556	6,362	4,809	2,673	1,734
Revenue Growth (YoY)	58.81%	18.77%	32.29%	79.90%	54.22%	-
Cost of Revenue	6,086	6,088	5,456	4,213	2,394	2,083
Gross Profit	1,552	1,469	905.8	596.25	278.96	-349.58
Selling, General & Admin	536.26	510	311.64	278.2	213.28	186.82
Other Operating Expenses	-	-	-	-	-36.8	33.15
Operating Expenses	571.66	536.31	311.66	286.56	219.25	278.18
Operating Income	980.27	932.19	594.15	309.69	59.71	-627.76
Interest Expense	-646.6	-664.41	-469.37	-271.38	-135.54	-91.29
Interest & Investment Income	74.54	71.62	51.89	12.88	0.09	1.57
Currency Exchange Gain (Loss)	-18.6	-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	393.98	326.02	134.73	42.15	-79.06	-728.58
Gain (Loss) on Sale of Assets	64.42	130.67	283.17	135.52	130.71	99.52
Pretax Income	458.4	456.69	417.89	177.67	51.65	-629.06
Income Tax Expense	26.18	23.18	16.55	5.9	0.87	-
Net Income	432.22	433.51	401.35	171.77	50.78	-629.06
Net Income to Common	432.22	433.51	401.35	171.77	50.78	-629.06
Net Income Growth	151.62%	8.01%	133.65%	238.28%	-	-
Shares Outstanding (Basic)	145	145	153	145	145	-
Shares Outstanding (Diluted)	145	145	153	145	145	-
Shares Change (YoY)	-	-5.42%	5.73%	-	-	-
EPS (Basic)	2.98	2.99	2.62	1.18	0.35	-
EPS (Diluted)	2.98	2.99	2.62	1.18	0.35	-
EPS Growth	151.62%	14.21%	120.98%	238.28%	-	-
Free Cash Flow	855.64	1,211	795.98	-137.13	220.87	166.85
Free Cash Flow Per Share	5.90	8.35	5.19	-0.94	1.52	-
Gross Margin	20.32%	19.43%	14.24%	12.40%	10.44%	-20.17%
Operating Margin	12.83%	12.34%	9.34%	6.44%	2.23%	-36.21%
Profit Margin	5.66%	5.74%	6.31%	3.57%	1.90%	-36.29%
Free Cash Flow Margin	11.20%	16.03%	12.51%	-2.85%	8.26%	9.63%
EBITDA	1,032	980.45	657.93	359.89	101.26	-540.48
EBITDA Margin	13.52%	12.98%	10.34%	7.48%	3.79%	-31.18%
D&A For EBITDA	52.06	48.25	63.79	50.2	41.56	87.28
EBIT	980.27	932.19	594.15	309.69	59.71	-627.76
EBIT Margin	12.83%	12.34%	9.34%	6.44%	2.23%	-36.21%
Effective Tax Rate	5.71%	5.08%	3.96%	3.32%	1.69%	-

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