SHL

SHL Finance Co.

1183StocksTadawulDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	404.95M	357.24M	303.23M	299.13M	291.39M
Cost of Revenue	123.76M	115.79M	111.81M	113.32M	103.24M
Operating Income	61.18M	33.90M	2.89M	97.63M	112.88M
Pretax Income	61.18M	33.90M	2.89M	97.94M	119.01M
Income Tax	10.50M	7.37M	0.56M	2.05M	15.82M
Net Income	50.68M	26.53M	2.33M	95.89M	103.20M
EPS (Basic)	0.51	0.27	0.02	0.96	1.03
EPS (Diluted)	0.51	0.27	0.02	0.96	1.03
DPS	—	—	—	0.50	0.77
Margins & Efficiency
Net Margin %	+12.5%	+7.4%	+0.8%	+32.1%	+35.4%
Revenue & Income
Revenue as Reported	404.95M	357.24M	303.23M	299.13M	291.39M
Revenue Fin	195.28M	158.60M	124.11M	217.40M	223.81M
Revenue Growth (YoY)	+23.1%	+27.8%	-42.9%	-2.9%	+10.6%
Revenues Before Loan Losses	206.56M	150.27M	117.65M	195.95M	214.97M
Other Revenue Fin	13.89M	9.00M	7.59M	40.80M	11.64M
Expenses & Provisions
Cost Of Services Provided	123.76M	115.79M	111.81M	113.32M	103.24M
Other Operating Expenses	10.35M	8.91M	9.40M	6.45M	7.68M
Total Operating Expenses Fin	134.10M	124.70M	121.22M	119.77M	110.92M
Provision for Loan Losses	11.28M	-8.33M	-6.45M	-21.46M	-8.84M
Profitability & Returns
EBT Excluding Unusual Items	61.18M	33.90M	2.89M	97.63M	112.88M
Pretax Income	61.18M	33.90M	2.89M	97.94M	119.01M
Operating Income	61.18M	33.90M	2.89M	97.63M	112.88M
Operating Margin	+31.3%	+21.4%	+2.3%	+44.9%	+50.4%
Profit Margin	+26.0%	+16.7%	+1.9%	+44.1%	+46.1%
Net Income	50.68M	26.53M	2.33M	95.89M	103.20M
Net Income to Common	50.68M	26.53M	2.33M	95.89M	103.20M
Net Income Growth	+91.0%	+1,040.5%	-97.6%	-7.1%	+21.2%
Income Tax Expense	10.50M	7.37M	0.56M	2.05M	15.82M
Effective Tax Rate	+17.2%	+21.7%	+19.5%	+2.1%	+13.3%
Per Share & Capital
EPS (Basic)	0.51	0.27	0.02	0.96	1.03
EPS (Diluted)	0.51	0.27	0.02	0.96	1.03
EPS Growth	+91.0%	+1,040.5%	-97.6%	-7.1%	+21.2%
Dividend Per Share	—	—	—	0.50	0.77
Shares Outstanding (Basic)	100.00M	100.00M	100.00M	100.00M	100.00M
Shares Outstanding (Diluted)	100.00M	100.00M	100.00M	100.00M	100.00M
Dividend Growth	—	—	—	-35.4%	—
Free Cash Flow	57.73M	111.78M	162.99M	147.37M	322.36M
Free Cash Flow Margin	+29.6%	+70.5%	+131.3%	+67.8%	+144.0%
Free Cash Flow Per Share	0.58	1.12	1.63	1.47	3.22
Payout Ratio	—	—	+2,149.6%	+80.7%	—
Supplemental
Int Exp Fin	200.24M	209.20M	187.85M	106.71M	74.08M
Int Inc Fin	392.90M	350.47M	297.92M	261.86M	277.41M
Net Int Inc Fin	192.67M	141.27M	110.07M	155.15M	203.33M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	404.95M	357.24M	303.23M	299.13M	291.39M
Cost of Revenue	123.76M	115.79M	111.81M	113.32M	103.24M
Operating Income	61.18M	33.90M	2.89M	97.63M	112.88M
Pretax Income	61.18M	33.90M	2.89M	97.94M	119.01M
Income Tax	10.50M	7.37M	0.56M	2.05M	15.82M
Net Income	50.68M	26.53M	2.33M	95.89M	103.20M
EPS (Basic)	0.51	0.27	0.02	0.96	1.03
EPS (Diluted)	0.51	0.27	0.02	0.96	1.03
DPS	—	—	—	0.50	0.77
Margins & Efficiency
Net Margin %	+12.5%	+7.4%	+0.8%	+32.1%	+35.4%
Revenue & Income
Revenue as Reported	404.95M	357.24M	303.23M	299.13M	291.39M
Revenue Fin	195.28M	158.60M	124.11M	217.40M	223.81M
Revenue Growth (YoY)	+23.1%	+27.8%	-42.9%	-2.9%	+10.6%
Revenues Before Loan Losses	206.56M	150.27M	117.65M	195.95M	214.97M
Other Revenue Fin	13.89M	9.00M	7.59M	40.80M	11.64M
Expenses & Provisions
Cost Of Services Provided	123.76M	115.79M	111.81M	113.32M	103.24M
Other Operating Expenses	10.35M	8.91M	9.40M	6.45M	7.68M
Total Operating Expenses Fin	134.10M	124.70M	121.22M	119.77M	110.92M
Provision for Loan Losses	11.28M	-8.33M	-6.45M	-21.46M	-8.84M
Profitability & Returns
EBT Excluding Unusual Items	61.18M	33.90M	2.89M	97.63M	112.88M
Pretax Income	61.18M	33.90M	2.89M	97.94M	119.01M
Operating Income	61.18M	33.90M	2.89M	97.63M	112.88M
Operating Margin	+31.3%	+21.4%	+2.3%	+44.9%	+50.4%
Profit Margin	+26.0%	+16.7%	+1.9%	+44.1%	+46.1%
Net Income	50.68M	26.53M	2.33M	95.89M	103.20M
Net Income to Common	50.68M	26.53M	2.33M	95.89M	103.20M
Net Income Growth	+91.0%	+1,040.5%	-97.6%	-7.1%	+21.2%
Income Tax Expense	10.50M	7.37M	0.56M	2.05M	15.82M
Effective Tax Rate	+17.2%	+21.7%	+19.5%	+2.1%	+13.3%
Per Share & Capital
EPS (Basic)	0.51	0.27	0.02	0.96	1.03
EPS (Diluted)	0.51	0.27	0.02	0.96	1.03
EPS Growth	+91.0%	+1,040.5%	-97.6%	-7.1%	+21.2%
Dividend Per Share	—	—	—	0.50	0.77
Shares Outstanding (Basic)	100.00M	100.00M	100.00M	100.00M	100.00M
Shares Outstanding (Diluted)	100.00M	100.00M	100.00M	100.00M	100.00M
Dividend Growth	—	—	—	-35.4%	—
Free Cash Flow	57.73M	111.78M	162.99M	147.37M	322.36M
Free Cash Flow Margin	+29.6%	+70.5%	+131.3%	+67.8%	+144.0%
Free Cash Flow Per Share	0.58	1.12	1.63	1.47	3.22
Payout Ratio	—	—	+2,149.6%	+80.7%	—
Supplemental
Int Exp Fin	200.24M	209.20M	187.85M	106.71M	74.08M
Int Inc Fin	392.90M	350.47M	297.92M	261.86M	277.41M
Net Int Inc Fin	192.67M	141.27M	110.07M	155.15M	203.33M