Al Obeikan Glass Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	393.98	502.18	463.24	261.33	257.86
Revenue Growth (YoY)	-21.55%	8.41%	77.26%	1.35%	-
Cost of Revenue	244.28	245.98	211.79	183.65	166.02
Gross Profit	149.7	256.2	251.45	77.68	91.84
Selling, General & Admin	76.36	63.39	65.01	56.76	51.59
Other Operating Expenses	-4.47	-1.36	0.47	-5.81	-1.51
Operating Expenses	69.3	67.41	65.98	50.95	50.08
Operating Income	80.4	188.78	185.47	26.73	41.76
Interest Expense	-3.41	-4.72	-5.34	-5.41	-6.78
Interest & Investment Income	0.68	0.5	-	-	-
Currency Exchange Gain (Loss)	-1.4	-0.22	-0.46	-0.92	-0.17
Other Non Operating Income (Expenses)	-7	-	-	-0.18	-2.26
EBT Excluding Unusual Items	69.27	184.35	179.66	20.23	32.55
Gain (Loss) on Sale of Assets	0.15	0.02	0	0.01	0.03
Other Unusual Items	0.7	-	-	-	-
Pretax Income	70.12	184.37	179.66	20.23	32.58
Income Tax Expense	6.09	6.72	5.98	2.94	4.88
Earnings From Continuing Operations	64.03	177.65	173.68	17.3	27.7
Minority Interest in Earnings	3.63	-	-	-	-
Net Income	67.66	177.65	173.68	17.3	27.7
Net Income to Common	67.66	177.65	173.68	17.3	27.7
Net Income Growth	-61.91%	2.28%	904.21%	-37.56%	-
Shares Outstanding (Basic)	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32
Shares Change (YoY)	-	-	-	1.58%	-
EPS (Basic)	2.11	5.55	5.43	0.54	0.88
EPS (Diluted)	2.11	5.55	5.43	0.54	0.88
EPS Growth	-61.91%	2.28%	904.21%	-38.53%	-
Free Cash Flow	115.2	105.24	157.38	30.7	16.24
Free Cash Flow Per Share	3.60	3.29	4.92	0.96	0.52
Dividend Per Share	2.000	-	0.750	-	-
Gross Margin	38.00%	51.02%	54.28%	29.73%	35.62%
Operating Margin	20.41%	37.59%	40.04%	10.23%	16.20%
Profit Margin	17.18%	35.38%	37.49%	6.62%	10.74%
Free Cash Flow Margin	29.24%	20.96%	33.97%	11.75%	6.30%
EBITDA	119.04	226.49	221.58	60.77	75.39
EBITDA Margin	30.21%	45.10%	47.83%	23.25%	29.24%
D&A For EBITDA	38.64	37.71	36.11	34.03	33.63
EBIT	80.4	188.78	185.47	26.73	41.76
EBIT Margin	20.41%	37.59%	40.04%	10.23%	16.20%
Effective Tax Rate	8.68%	3.64%	3.33%	14.52%	14.97%

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.