SMASCO

Saudi Manpower Solutions Company

1834StocksTadawulIndustrials

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	1.89B	1.83B	1.84B	1.72B	1.85B
Cost of Revenue	1.68B	1.58B	1.60B	1.45B	1.59B
Gross Profit	210.96M	243.37M	237.68M	266.06M	263.11M
SG&A	75.74M	74.18M	78.16M	109.76M	108.87M
Operating Expenses	78.53M	76.99M	77.17M	113.76M	109.99M
Operating Income	132.43M	166.38M	160.50M	152.30M	153.12M
Interest Income	11.87M	14.93M	—	1.02M	—
Interest Expense	-6.52M	-4.52M	-2.33M	-2.39M	-2.63M
Other Income/Expense	4.16M	1.68M	13.01M	0.36M	0.70M
Pretax Income	142.40M	182.04M	171.19M	158.34M	151.19M
Income Tax	15.98M	15.76M	11.71M	7.88M	13.16M
Net Income	126.42M	166.29M	150.25M	150.45M	138.04M
EBITDA	248.52M	316.21M	213.61M	210.05M	210.42M
EBIT	132.43M	166.38M	160.50M	152.30M	153.12M
EPS (Basic)	0.32	0.42	0.38	0.38	0.35
EPS (Diluted)	0.32	0.42	0.38	0.38	0.35
DPS	0.25	0.43	—	—	—
Margins & Efficiency
Gross Margin %	+11.1%	+13.3%	+12.9%	+15.5%	+14.2%
EBITDA Margin %	+13.1%	+17.3%	+11.6%	+12.2%	+11.3%
Net Margin %	+6.7%	+9.1%	+8.2%	+8.8%	+7.4%
Revenue & Income
Revenue	1.89B	1.83B	1.84B	1.72B	1.85B
Revenue Growth (YoY)	+3.6%	-0.7%	+7.2%	-7.5%	-5.3%
Interest & Investment Income	11.87M	14.93M	—	1.02M	—
Gain (Loss) on Sale of Assets	0.98M	2.85M	—	6.88M	—
Gain (Loss) on Sale of Investments	-517.89K	719.45K	—	167.00K	—
Expenses & Provisions
Cost of Revenue	1.68B	1.58B	1.60B	1.45B	1.59B
Selling, General & Admin	75.74M	74.18M	78.16M	109.76M	108.87M
Operating Expenses	78.53M	76.99M	77.17M	113.76M	109.99M
Interest Expense	-6.52M	-4.52M	-2.33M	-2.39M	-2.63M
Other Non Operating Income (Expenses)	4.16M	1.68M	13.01M	0.36M	0.70M
D&A For EBITDA	116.10M	149.83M	53.11M	57.75M	57.30M
Profitability & Returns
Gross Profit	210.96M	243.37M	237.68M	266.06M	263.11M
Gross Margin	+11.1%	+13.3%	+12.9%	+15.5%	+14.2%
EBIT	132.43M	166.38M	160.50M	152.30M	153.12M
EBIT Margin	+7.0%	+9.1%	+8.7%	+8.9%	+8.3%
EBITDA	248.52M	316.21M	213.61M	210.05M	210.42M
EBITDA Margin	+13.1%	+17.3%	+11.6%	+12.2%	+11.3%
EBT Excluding Unusual Items	141.94M	178.47M	171.19M	151.29M	151.19M
Pretax Income	142.40M	182.04M	171.19M	158.34M	151.19M
Operating Income	132.43M	166.38M	160.50M	152.30M	153.12M
Operating Margin	+7.0%	+9.1%	+8.7%	+8.9%	+8.3%
Profit Margin	+6.7%	+9.1%	+8.2%	+8.8%	+7.4%
Net Income	126.42M	166.29M	150.25M	150.45M	138.04M
Net Income to Common	126.42M	166.29M	150.25M	150.45M	138.04M
Net Income Growth	-24.0%	+10.7%	-0.1%	+9.0%	-16.8%
Earnings From Continuing Ops.	126.42M	166.29M	159.48M	150.45M	138.04M
Earnings From Discontinued Ops.	—	—	-9.23M	—	—
Income Tax Expense	15.98M	15.76M	11.71M	7.88M	13.16M
Effective Tax Rate	+11.2%	+8.7%	+6.8%	+5.0%	+8.7%
Per Share & Capital
EPS (Basic)	0.32	0.42	0.38	0.38	0.35
EPS (Diluted)	0.32	0.42	0.38	0.38	0.35
EPS Growth	-24.0%	+10.7%	-0.1%	+9.0%	—
Dividend Per Share	0.25	0.43	—	—	—
Shares Outstanding (Basic)	400.00M	400.00M	400.00M	400.00M	400.00M
Shares Outstanding (Diluted)	400.00M	400.00M	400.00M	400.00M	400.00M
Dividend Growth	-41.9%	—	—	—	—
Free Cash Flow	100.96M	156.46M	158.04M	111.69M	228.62M
Free Cash Flow Margin	+5.3%	+8.6%	+8.6%	+6.5%	+12.3%
Free Cash Flow Per Share	0.25	0.39	0.40	0.28	0.57
Payout Ratio	+38.0%	+102.2%	+72.3%	+99.8%	+54.3%

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	1.89B	1.83B	1.84B	1.72B	1.85B
Cost of Revenue	1.68B	1.58B	1.60B	1.45B	1.59B
Gross Profit	210.96M	243.37M	237.68M	266.06M	263.11M
SG&A	75.74M	74.18M	78.16M	109.76M	108.87M
Operating Expenses	78.53M	76.99M	77.17M	113.76M	109.99M
Operating Income	132.43M	166.38M	160.50M	152.30M	153.12M
Interest Income	11.87M	14.93M	—	1.02M	—
Interest Expense	-6.52M	-4.52M	-2.33M	-2.39M	-2.63M
Other Income/Expense	4.16M	1.68M	13.01M	0.36M	0.70M
Pretax Income	142.40M	182.04M	171.19M	158.34M	151.19M
Income Tax	15.98M	15.76M	11.71M	7.88M	13.16M
Net Income	126.42M	166.29M	150.25M	150.45M	138.04M
EBITDA	248.52M	316.21M	213.61M	210.05M	210.42M
EBIT	132.43M	166.38M	160.50M	152.30M	153.12M
EPS (Basic)	0.32	0.42	0.38	0.38	0.35
EPS (Diluted)	0.32	0.42	0.38	0.38	0.35
DPS	0.25	0.43	—	—	—
Margins & Efficiency
Gross Margin %	+11.1%	+13.3%	+12.9%	+15.5%	+14.2%
EBITDA Margin %	+13.1%	+17.3%	+11.6%	+12.2%	+11.3%
Net Margin %	+6.7%	+9.1%	+8.2%	+8.8%	+7.4%
Revenue & Income
Revenue	1.89B	1.83B	1.84B	1.72B	1.85B
Revenue Growth (YoY)	+3.6%	-0.7%	+7.2%	-7.5%	-5.3%
Interest & Investment Income	11.87M	14.93M	—	1.02M	—
Gain (Loss) on Sale of Assets	0.98M	2.85M	—	6.88M	—
Gain (Loss) on Sale of Investments	-517.89K	719.45K	—	167.00K	—
Expenses & Provisions
Cost of Revenue	1.68B	1.58B	1.60B	1.45B	1.59B
Selling, General & Admin	75.74M	74.18M	78.16M	109.76M	108.87M
Operating Expenses	78.53M	76.99M	77.17M	113.76M	109.99M
Interest Expense	-6.52M	-4.52M	-2.33M	-2.39M	-2.63M
Other Non Operating Income (Expenses)	4.16M	1.68M	13.01M	0.36M	0.70M
D&A For EBITDA	116.10M	149.83M	53.11M	57.75M	57.30M
Profitability & Returns
Gross Profit	210.96M	243.37M	237.68M	266.06M	263.11M
Gross Margin	+11.1%	+13.3%	+12.9%	+15.5%	+14.2%
EBIT	132.43M	166.38M	160.50M	152.30M	153.12M
EBIT Margin	+7.0%	+9.1%	+8.7%	+8.9%	+8.3%
EBITDA	248.52M	316.21M	213.61M	210.05M	210.42M
EBITDA Margin	+13.1%	+17.3%	+11.6%	+12.2%	+11.3%
EBT Excluding Unusual Items	141.94M	178.47M	171.19M	151.29M	151.19M
Pretax Income	142.40M	182.04M	171.19M	158.34M	151.19M
Operating Income	132.43M	166.38M	160.50M	152.30M	153.12M
Operating Margin	+7.0%	+9.1%	+8.7%	+8.9%	+8.3%
Profit Margin	+6.7%	+9.1%	+8.2%	+8.8%	+7.4%
Net Income	126.42M	166.29M	150.25M	150.45M	138.04M
Net Income to Common	126.42M	166.29M	150.25M	150.45M	138.04M
Net Income Growth	-24.0%	+10.7%	-0.1%	+9.0%	-16.8%
Earnings From Continuing Ops.	126.42M	166.29M	159.48M	150.45M	138.04M
Earnings From Discontinued Ops.	—	—	-9.23M	—	—
Income Tax Expense	15.98M	15.76M	11.71M	7.88M	13.16M
Effective Tax Rate	+11.2%	+8.7%	+6.8%	+5.0%	+8.7%
Per Share & Capital
EPS (Basic)	0.32	0.42	0.38	0.38	0.35
EPS (Diluted)	0.32	0.42	0.38	0.38	0.35
EPS Growth	-24.0%	+10.7%	-0.1%	+9.0%	—
Dividend Per Share	0.25	0.43	—	—	—
Shares Outstanding (Basic)	400.00M	400.00M	400.00M	400.00M	400.00M
Shares Outstanding (Diluted)	400.00M	400.00M	400.00M	400.00M	400.00M
Dividend Growth	-41.9%	—	—	—	—
Free Cash Flow	100.96M	156.46M	158.04M	111.69M	228.62M
Free Cash Flow Margin	+5.3%	+8.6%	+8.6%	+6.5%	+12.3%
Free Cash Flow Per Share	0.25	0.39	0.40	0.28	0.57
Payout Ratio	+38.0%	+102.2%	+72.3%	+99.8%	+54.3%