ALMAWARID

Almawarid Manpower Company

1833StocksTadawulIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	2.03B	1.45B	0.94B	0.66B	0.69B
Cost of Revenue	1.84B	1.30B	0.82B	0.57B	0.61B
Gross Profit	184.52M	146.72M	129.32M	96.76M	81.32M
SG&A	56.91M	45.23M	42.51M	29.99M	26.14M
Operating Expenses	81.38M	48.43M	45.84M	38.71M	33.97M
Operating Income	103.14M	98.29M	83.48M	58.05M	47.34M
Interest Expense	-59.50M	-4.23M	-1.04M	—	—
Other Income/Expense	59.77M	3.09M	1.61M	4.20M	4.82M
Pretax Income	104.85M	98.76M	84.25M	62.45M	52.51M
Income Tax	9.43M	9.99M	8.27M	6.79M	6.65M
Net Income	95.42M	88.77M	75.99M	55.66M	45.86M
EBITDA	105.97M	100.63M	85.18M	59.90M	49.16M
EBIT	103.14M	98.29M	83.48M	58.05M	47.34M
EPS (Basic)	4.77	4.44	3.80	2.78	3.44
EPS (Diluted)	4.77	4.44	3.80	2.78	3.44
DPS	1.88	1.88	0.75	1.50	—
Margins & Efficiency
Gross Margin %	+9.1%	+10.1%	+13.7%	+14.6%	+11.8%
EBITDA Margin %	+5.2%	+7.0%	+9.0%	+9.0%	+7.2%
Net Margin %	+4.7%	+6.1%	+8.0%	+8.4%	+6.7%
Revenue & Income
Revenue	2.03B	1.45B	0.94B	0.66B	0.69B
Revenue Growth (YoY)	+40.2%	+53.1%	+42.3%	-3.3%	-4.1%
Gain (Loss) on Sale of Assets	-48.02K	106.62K	54.98K	54.98K	29.85K
Gain (Loss) on Sale of Investments	1.50M	1.50M	0.15M	0.15M	0.32M
Expenses & Provisions
Advertising Expenses	6.00M	2.93M	2.58M	0.55M	1.49M
Cost of Revenue	1.84B	1.30B	0.82B	0.57B	0.61B
Selling, General & Admin	56.91M	45.23M	42.51M	29.99M	26.14M
Operating Expenses	81.38M	48.43M	45.84M	38.71M	33.97M
Other Operating Expenses	—	2.52M	0.92M	—	—
Interest Expense	-59.50M	-4.23M	-1.04M	—	—
Other Non Operating Income (Expenses)	59.77M	3.09M	1.61M	4.20M	4.82M
D&A For EBITDA	2.83M	2.35M	1.70M	1.85M	1.82M
Profitability & Returns
Gross Profit	184.52M	146.72M	129.32M	96.76M	81.32M
Gross Margin	+9.1%	+10.1%	+13.7%	+14.6%	+11.8%
EBIT	103.14M	98.29M	83.48M	58.05M	47.34M
EBIT Margin	+5.1%	+6.8%	+8.8%	+8.7%	+6.9%
EBITDA	105.97M	100.63M	85.18M	59.90M	49.16M
EBITDA Margin	+5.2%	+7.0%	+9.0%	+9.0%	+7.2%
EBT Excluding Unusual Items	103.40M	97.15M	84.05M	62.25M	52.16M
Pretax Income	104.85M	98.76M	84.25M	62.45M	52.51M
Operating Income	103.14M	98.29M	83.48M	58.05M	47.34M
Operating Margin	+5.1%	+6.8%	+8.8%	+8.7%	+6.9%
Profit Margin	+4.7%	+6.1%	+8.0%	+8.4%	+6.7%
Net Income	95.42M	88.77M	75.99M	55.66M	45.86M
Net Income to Common	95.42M	88.77M	75.99M	55.66M	45.86M
Net Income Growth	+7.5%	+16.8%	+36.5%	+21.4%	+18.9%
Income Tax Expense	9.43M	9.99M	8.27M	6.79M	6.65M
Effective Tax Rate	+9.0%	+10.1%	+9.8%	+10.9%	+12.7%
Per Share & Capital
EPS (Basic)	4.77	4.44	3.80	2.78	3.44
EPS (Diluted)	4.77	4.44	3.80	2.78	3.44
EPS Growth	+7.5%	+16.8%	+36.5%	-19.1%	+18.9%
Dividend Per Share	1.88	1.88	0.75	1.50	—
Shares Change (YoY)	—	—	—	0.5	—
Shares Outstanding (Basic)	20.00M	20.00M	20.00M	20.00M	13.33M
Shares Outstanding (Diluted)	20.00M	20.00M	20.00M	20.00M	13.33M
Dividend Growth	—	+150.0%	-50.0%	—	—
Free Cash Flow	76.33M	81.60M	62.91M	-19.86M	97.55M
Free Cash Flow Margin	+3.8%	+5.6%	+6.7%	-3.0%	+14.2%
Free Cash Flow Per Share	3.82	4.08	3.15	-0.99	7.32
Payout Ratio	+35.4%	+42.2%	+26.3%	+35.9%	+43.6%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	2.03B	1.45B	0.94B	0.66B	0.69B
Cost of Revenue	1.84B	1.30B	0.82B	0.57B	0.61B
Gross Profit	184.52M	146.72M	129.32M	96.76M	81.32M
SG&A	56.91M	45.23M	42.51M	29.99M	26.14M
Operating Expenses	81.38M	48.43M	45.84M	38.71M	33.97M
Operating Income	103.14M	98.29M	83.48M	58.05M	47.34M
Interest Expense	-59.50M	-4.23M	-1.04M	—	—
Other Income/Expense	59.77M	3.09M	1.61M	4.20M	4.82M
Pretax Income	104.85M	98.76M	84.25M	62.45M	52.51M
Income Tax	9.43M	9.99M	8.27M	6.79M	6.65M
Net Income	95.42M	88.77M	75.99M	55.66M	45.86M
EBITDA	105.97M	100.63M	85.18M	59.90M	49.16M
EBIT	103.14M	98.29M	83.48M	58.05M	47.34M
EPS (Basic)	4.77	4.44	3.80	2.78	3.44
EPS (Diluted)	4.77	4.44	3.80	2.78	3.44
DPS	1.88	1.88	0.75	1.50	—
Margins & Efficiency
Gross Margin %	+9.1%	+10.1%	+13.7%	+14.6%	+11.8%
EBITDA Margin %	+5.2%	+7.0%	+9.0%	+9.0%	+7.2%
Net Margin %	+4.7%	+6.1%	+8.0%	+8.4%	+6.7%
Revenue & Income
Revenue	2.03B	1.45B	0.94B	0.66B	0.69B
Revenue Growth (YoY)	+40.2%	+53.1%	+42.3%	-3.3%	-4.1%
Gain (Loss) on Sale of Assets	-48.02K	106.62K	54.98K	54.98K	29.85K
Gain (Loss) on Sale of Investments	1.50M	1.50M	0.15M	0.15M	0.32M
Expenses & Provisions
Advertising Expenses	6.00M	2.93M	2.58M	0.55M	1.49M
Cost of Revenue	1.84B	1.30B	0.82B	0.57B	0.61B
Selling, General & Admin	56.91M	45.23M	42.51M	29.99M	26.14M
Operating Expenses	81.38M	48.43M	45.84M	38.71M	33.97M
Other Operating Expenses	—	2.52M	0.92M	—	—
Interest Expense	-59.50M	-4.23M	-1.04M	—	—
Other Non Operating Income (Expenses)	59.77M	3.09M	1.61M	4.20M	4.82M
D&A For EBITDA	2.83M	2.35M	1.70M	1.85M	1.82M
Profitability & Returns
Gross Profit	184.52M	146.72M	129.32M	96.76M	81.32M
Gross Margin	+9.1%	+10.1%	+13.7%	+14.6%	+11.8%
EBIT	103.14M	98.29M	83.48M	58.05M	47.34M
EBIT Margin	+5.1%	+6.8%	+8.8%	+8.7%	+6.9%
EBITDA	105.97M	100.63M	85.18M	59.90M	49.16M
EBITDA Margin	+5.2%	+7.0%	+9.0%	+9.0%	+7.2%
EBT Excluding Unusual Items	103.40M	97.15M	84.05M	62.25M	52.16M
Pretax Income	104.85M	98.76M	84.25M	62.45M	52.51M
Operating Income	103.14M	98.29M	83.48M	58.05M	47.34M
Operating Margin	+5.1%	+6.8%	+8.8%	+8.7%	+6.9%
Profit Margin	+4.7%	+6.1%	+8.0%	+8.4%	+6.7%
Net Income	95.42M	88.77M	75.99M	55.66M	45.86M
Net Income to Common	95.42M	88.77M	75.99M	55.66M	45.86M
Net Income Growth	+7.5%	+16.8%	+36.5%	+21.4%	+18.9%
Income Tax Expense	9.43M	9.99M	8.27M	6.79M	6.65M
Effective Tax Rate	+9.0%	+10.1%	+9.8%	+10.9%	+12.7%
Per Share & Capital
EPS (Basic)	4.77	4.44	3.80	2.78	3.44
EPS (Diluted)	4.77	4.44	3.80	2.78	3.44
EPS Growth	+7.5%	+16.8%	+36.5%	-19.1%	+18.9%
Dividend Per Share	1.88	1.88	0.75	1.50	—
Shares Change (YoY)	—	—	—	0.5	—
Shares Outstanding (Basic)	20.00M	20.00M	20.00M	20.00M	13.33M
Shares Outstanding (Diluted)	20.00M	20.00M	20.00M	20.00M	13.33M
Dividend Growth	—	+150.0%	-50.0%	—	—
Free Cash Flow	76.33M	81.60M	62.91M	-19.86M	97.55M
Free Cash Flow Margin	+3.8%	+5.6%	+6.7%	-3.0%	+14.2%
Free Cash Flow Per Share	3.82	4.08	3.15	-0.99	7.32
Payout Ratio	+35.4%	+42.2%	+26.3%	+35.9%	+43.6%