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	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	7,606	7,556	6,362	4,809	2,673	1,734
Revenue Growth (YoY)	19.55%	18.77%	32.29%	79.90%	54.22%	-
Cost of Revenue	6,085	6,088	5,456	4,213	2,394	2,083
Gross Profit	1,521	1,469	905.8	596.25	278.96	-349.58
Selling, General & Admin	516.24	510	311.64	278.2	213.28	186.82
Other Operating Expenses	-	-	-	-	-36.8	33.15
Operating Expenses	530.51	536.31	311.66	286.56	219.25	278.18
Operating Income	990.34	932.19	594.15	309.69	59.71	-627.76
Interest Expense	-671.96	-664.41	-469.37	-271.38	-135.54	-91.29
Interest & Investment Income	88.88	71.62	51.89	12.88	0.09	1.57
Currency Exchange Gain (Loss)	-18.55	-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	393.09	326.02	134.73	42.15	-79.06	-728.58
Gain (Loss) on Sale of Assets	50.99	130.67	283.17	135.52	130.71	99.52
Pretax Income	-638.89	456.69	417.89	177.67	51.65	-629.06
Income Tax Expense	30.26	23.18	16.55	5.9	0.87	-
Net Income	-669.15	433.51	401.35	171.77	50.78	-629.06
Net Income to Common	-669.15	433.51	401.35	171.77	50.78	-629.06
Net Income Growth	-	8.01%	133.65%	238.28%	-	-
Shares Outstanding (Basic)	146	145	153	145	145	-
Shares Outstanding (Diluted)	146	145	153	145	145	-
Shares Change (YoY)	-4.72%	-5.42%	5.73%	-	-	-
EPS (Basic)	-4.58	2.99	2.62	1.18	0.35	-
EPS (Diluted)	-4.58	2.99	2.62	1.18	0.35	-
EPS Growth	-	14.21%	120.98%	238.28%	-	-
Free Cash Flow	45.52	1,211	795.98	-137.13	220.87	166.85
Free Cash Flow Per Share	0.31	8.35	5.19	-0.94	1.52	-
Gross Margin	20.00%	19.43%	14.24%	12.40%	10.44%	-20.17%
Operating Margin	13.02%	12.34%	9.34%	6.44%	2.23%	-36.21%
Profit Margin	-8.80%	5.74%	6.31%	3.57%	1.90%	-36.29%
Free Cash Flow Margin	0.60%	16.03%	12.51%	-2.85%	8.26%	9.63%
EBITDA	1,052	980.45	657.93	359.89	101.26	-540.48
EBITDA Margin	13.83%	12.98%	10.34%	7.48%	3.79%	-31.18%
D&A For EBITDA	61.87	48.25	63.79	50.2	41.56	87.28
EBIT	990.34	932.19	594.15	309.69	59.71	-627.76
EBIT Margin	13.02%	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.