FIPCO

Filing & Packing Materials Manufacturing Co.

2180StocksTadawulMaterials

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	251.63M	245.68M	258.19M	260.65M	222.59M
Cost of Revenue	213.82M	202.80M	207.87M	218.45M	193.61M
Gross Profit	37.82M	42.88M	50.33M	42.20M	28.98M
SG&A	48.78M	39.09M	35.52M	34.63M	30.47M
Operating Expenses	61.85M	41.17M	36.00M	31.47M	33.51M
Operating Income	-24.03M	1.71M	14.33M	10.74M	-4.52M
Interest Income	33.05K	344.24K	620.72K	—	—
Interest Expense	-5.61M	-4.47M	-4.63M	-4.86M	-3.32M
Other Income/Expense	5.46M	0.43M	1.76M	-0.49M	-0.43M
Pretax Income	-18.57M	2.34M	14.89M	12.92M	-5.07M
Income Tax	0.54M	1.41M	2.90M	3.13M	4.00M
Net Income	-19.11M	0.93M	11.99M	9.80M	-9.06M
EBITDA	-11.95M	13.42M	22.83M	18.78M	3.06M
EBIT	-24.03M	1.71M	14.33M	10.74M	-4.52M
EPS (Basic)	-1.66	0.08	1.04	0.85	-0.79
EPS (Diluted)	-1.66	0.08	1.04	0.85	-0.79
Margins & Efficiency
Gross Margin %	+15.0%	+17.5%	+19.5%	+16.2%	+13.0%
EBITDA Margin %	-4.7%	+5.5%	+8.8%	+7.2%	+1.4%
Net Margin %	-7.6%	+0.4%	+4.6%	+3.8%	-4.1%
Revenue & Income
Revenue	251.63M	245.68M	258.19M	260.65M	222.59M
Revenue Growth (YoY)	+2.4%	-4.8%	-0.9%	+17.1%	+22.6%
Interest & Investment Income	33.05K	344.24K	620.72K	—	—
Gain (Loss) on Sale of Assets	3.32K	—	7.11K	—	-620.68K
Gain (Loss) on Sale of Investments	—	—	0.02M	2.16M	1.84M
Currency Exchange Gain (Loss)	—	—	—	—	-201.87K
Expenses & Provisions
Advertising Expenses	1.14M	0.29M	0.34M	0.59M	0.19M
Cost of Revenue	213.82M	202.80M	207.87M	218.45M	193.61M
Selling, General & Admin	48.78M	39.09M	35.52M	34.63M	30.47M
Operating Expenses	61.85M	41.17M	36.00M	31.47M	33.51M
Other Operating Expenses	—	—	—	-4.87M	-1.01M
Interest Expense	-5.61M	-4.47M	-4.63M	-4.86M	-3.32M
Other Non Operating Income (Expenses)	5.46M	0.43M	1.76M	-0.49M	-0.43M
D&A For EBITDA	12.09M	11.71M	8.50M	8.05M	7.58M
Profitability & Returns
Gross Profit	37.82M	42.88M	50.33M	42.20M	28.98M
Gross Margin	+15.0%	+17.5%	+19.5%	+16.2%	+13.0%
EBIT	-24.03M	1.71M	14.33M	10.74M	-4.52M
EBIT Margin	-9.6%	+0.7%	+5.6%	+4.1%	-2.0%
EBITDA	-11.95M	13.42M	22.83M	18.78M	3.06M
EBITDA Margin	-4.7%	+5.5%	+8.8%	+7.2%	+1.4%
EBT Excluding Unusual Items	-24.15M	-1.98M	12.08M	5.39M	-8.47M
Pretax Income	-18.57M	2.34M	14.89M	12.92M	-5.07M
Operating Income	-24.03M	1.71M	14.33M	10.74M	-4.52M
Operating Margin	-9.6%	+0.7%	+5.6%	+4.1%	-2.0%
Profit Margin	-7.6%	+0.4%	+4.6%	+3.8%	-4.1%
Net Income	-19.11M	0.93M	11.99M	9.80M	-9.06M
Net Income to Common	-19.11M	0.93M	11.99M	9.80M	-9.06M
Net Income Growth	—	-92.2%	+22.4%	—	—
Earnings From Continuing Ops.	-19.11M	0.93M	11.99M	9.80M	-9.06M
Income Tax Expense	0.54M	1.41M	2.90M	3.13M	4.00M
Effective Tax Rate	—	+60.3%	+19.5%	+24.2%	—
Per Share & Capital
EPS (Basic)	-1.66	0.08	1.04	0.85	-0.79
EPS (Diluted)	-1.66	0.08	1.04	0.85	-0.79
EPS Growth	—	-92.2%	+22.4%	—	—
Shares Outstanding (Basic)	11.50M	11.50M	11.50M	11.50M	11.50M
Shares Outstanding (Diluted)	11.50M	11.50M	11.50M	11.50M	11.50M
Free Cash Flow	-28.58M	4.38M	22.71M	18.43M	-16.64M
Free Cash Flow Margin	-11.4%	+1.8%	+8.8%	+7.1%	-7.5%
Free Cash Flow Per Share	-2.49	0.38	1.98	1.60	-1.45
Supplemental
Other Unusual Items	5.58M	4.32M	2.79M	5.38M	2.18M

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	251.63M	245.68M	258.19M	260.65M	222.59M
Cost of Revenue	213.82M	202.80M	207.87M	218.45M	193.61M
Gross Profit	37.82M	42.88M	50.33M	42.20M	28.98M
SG&A	48.78M	39.09M	35.52M	34.63M	30.47M
Operating Expenses	61.85M	41.17M	36.00M	31.47M	33.51M
Operating Income	-24.03M	1.71M	14.33M	10.74M	-4.52M
Interest Income	33.05K	344.24K	620.72K	—	—
Interest Expense	-5.61M	-4.47M	-4.63M	-4.86M	-3.32M
Other Income/Expense	5.46M	0.43M	1.76M	-0.49M	-0.43M
Pretax Income	-18.57M	2.34M	14.89M	12.92M	-5.07M
Income Tax	0.54M	1.41M	2.90M	3.13M	4.00M
Net Income	-19.11M	0.93M	11.99M	9.80M	-9.06M
EBITDA	-11.95M	13.42M	22.83M	18.78M	3.06M
EBIT	-24.03M	1.71M	14.33M	10.74M	-4.52M
EPS (Basic)	-1.66	0.08	1.04	0.85	-0.79
EPS (Diluted)	-1.66	0.08	1.04	0.85	-0.79
Margins & Efficiency
Gross Margin %	+15.0%	+17.5%	+19.5%	+16.2%	+13.0%
EBITDA Margin %	-4.7%	+5.5%	+8.8%	+7.2%	+1.4%
Net Margin %	-7.6%	+0.4%	+4.6%	+3.8%	-4.1%
Revenue & Income
Revenue	251.63M	245.68M	258.19M	260.65M	222.59M
Revenue Growth (YoY)	+2.4%	-4.8%	-0.9%	+17.1%	+22.6%
Interest & Investment Income	33.05K	344.24K	620.72K	—	—
Gain (Loss) on Sale of Assets	3.32K	—	7.11K	—	-620.68K
Gain (Loss) on Sale of Investments	—	—	0.02M	2.16M	1.84M
Currency Exchange Gain (Loss)	—	—	—	—	-201.87K
Expenses & Provisions
Advertising Expenses	1.14M	0.29M	0.34M	0.59M	0.19M
Cost of Revenue	213.82M	202.80M	207.87M	218.45M	193.61M
Selling, General & Admin	48.78M	39.09M	35.52M	34.63M	30.47M
Operating Expenses	61.85M	41.17M	36.00M	31.47M	33.51M
Other Operating Expenses	—	—	—	-4.87M	-1.01M
Interest Expense	-5.61M	-4.47M	-4.63M	-4.86M	-3.32M
Other Non Operating Income (Expenses)	5.46M	0.43M	1.76M	-0.49M	-0.43M
D&A For EBITDA	12.09M	11.71M	8.50M	8.05M	7.58M
Profitability & Returns
Gross Profit	37.82M	42.88M	50.33M	42.20M	28.98M
Gross Margin	+15.0%	+17.5%	+19.5%	+16.2%	+13.0%
EBIT	-24.03M	1.71M	14.33M	10.74M	-4.52M
EBIT Margin	-9.6%	+0.7%	+5.6%	+4.1%	-2.0%
EBITDA	-11.95M	13.42M	22.83M	18.78M	3.06M
EBITDA Margin	-4.7%	+5.5%	+8.8%	+7.2%	+1.4%
EBT Excluding Unusual Items	-24.15M	-1.98M	12.08M	5.39M	-8.47M
Pretax Income	-18.57M	2.34M	14.89M	12.92M	-5.07M
Operating Income	-24.03M	1.71M	14.33M	10.74M	-4.52M
Operating Margin	-9.6%	+0.7%	+5.6%	+4.1%	-2.0%
Profit Margin	-7.6%	+0.4%	+4.6%	+3.8%	-4.1%
Net Income	-19.11M	0.93M	11.99M	9.80M	-9.06M
Net Income to Common	-19.11M	0.93M	11.99M	9.80M	-9.06M
Net Income Growth	—	-92.2%	+22.4%	—	—
Earnings From Continuing Ops.	-19.11M	0.93M	11.99M	9.80M	-9.06M
Income Tax Expense	0.54M	1.41M	2.90M	3.13M	4.00M
Effective Tax Rate	—	+60.3%	+19.5%	+24.2%	—
Per Share & Capital
EPS (Basic)	-1.66	0.08	1.04	0.85	-0.79
EPS (Diluted)	-1.66	0.08	1.04	0.85	-0.79
EPS Growth	—	-92.2%	+22.4%	—	—
Shares Outstanding (Basic)	11.50M	11.50M	11.50M	11.50M	11.50M
Shares Outstanding (Diluted)	11.50M	11.50M	11.50M	11.50M	11.50M
Free Cash Flow	-28.58M	4.38M	22.71M	18.43M	-16.64M
Free Cash Flow Margin	-11.4%	+1.8%	+8.8%	+7.1%	-7.5%
Free Cash Flow Per Share	-2.49	0.38	1.98	1.60	-1.45
Supplemental
Other Unusual Items	5.58M	4.32M	2.79M	5.38M	2.18M