Mulkia Gulf Real Estate REIT (TADAWUL:4336)

TADAWUL:4336 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	119.34	113.47	95.85	76.52	69.42
Other Revenue	0.63	1.29	0.17	0.01	-
Total Revenue	119.97	114.76	96.01	76.52	69.45
Revenue Growth (YoY	4.54%	19.53%	25.47%	10.18%	17.70%
Property Expenses	38.42	38.41	29.96	10.15	11.84
Selling, General & Administrative	3.44	0.97	6.63	2.3	1.67
Depreciation & Amortization	20.67	18.7	17.97	12.22	11.76
Other Operating Expenses	5.85	5.8	-	-	-
Total Operating Expenses	74.77	79.2	62.97	34.03	31.7
Operating Income	45.2	35.56	33.04	42.5	37.76
Interest Expense	-41.25	-37.5	-22.27	-9.36	-14.94
Other Non-Operating Income	-2.76	-0.33	-2.6	-0.25	-1.3
EBT Excluding Unusual Items	1.19	-2.26	8.18	32.89	21.51
Asset Writedown	14.27	-9.14	-7.17	-0.94	-3.27
Pretax Income	15.45	-11.4	1	31.95	18.24
Income Tax Expense	0.32	0.41	1.11	1.43	-
Net Income	15.14	-11.81	-0.11	30.53	18.24
Net Income to Common	15.14	-11.81	-0.11	30.53	18.24
Net Income Growth	-	-	-	67.39%	-36.11%
Basic Shares Outstanding	104	104	68	68	68
Diluted Shares Outstanding	104	104	68	68	68
Shares Change (YoY)	-	52.35%	-	-	13.51%
EPS (Basic)	0.15	-0.11	-0.00	0.45	0.27
EPS (Diluted)	0.15	-0.11	-0.00	0.45	0.27
EPS Growth	-	-	-	67.39%	-43.71%
Dividend Per Share	0.320	0.430	0.520	-	0.300
Dividend Growth	-25.58%	-17.31%	-	-	-
Operating Margin	37.68%	30.99%	34.41%	55.53%	54.36%
Profit Margin	12.62%	-10.29%	-0.11%	39.90%	26.26%
EBITDA	65.87	54.26	51.01	54.72	49.52
EBITDA Margin	54.91%	47.28%	53.13%	71.50%	71.30%
D&A For Ebitda	20.67	18.7	17.97	12.22	11.76
EBIT	45.2	35.56	33.04	42.5	37.76
EBIT Margin	37.68%	30.99%	34.41%	55.53%	54.36%
Effective Tax Rate	2.05%	-	110.58%	4.46%	-
Revenue as Reported	119.97	114.76	96.01	76.52	70.02

Updated Aug 11, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.