ARTEX

ARTEX Industrial Investment Company

2340StocksTadawulConsumer Discretionary

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	563.98M	562.17M	522.61M	647.50M	641.52M
Cost of Revenue	519.83M	551.86M	533.32M	639.91M	622.74M
Gross Profit	44.16M	10.31M	-10.71M	7.60M	18.78M
SG&A	31.63M	37.89M	37.01M	44.90M	44.84M
Operating Expenses	34.10M	39.33M	31.62M	40.86M	40.36M
Operating Income	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
Interest Income	80.00K	116.00K	96.00K	76.00K	409.00K
Interest Expense	-14.90M	-16.05M	-14.97M	-6.24M	-2.71M
Other Income/Expense	-14.92M	-101.00M	—	—	—
Pretax Income	50.69M	-110.18M	-54.98M	-37.87M	-22.43M
Income Tax	29.37M	18.93M	19.81M	20.00M	25.32M
Net Income	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
EBITDA	47.13M	15.49M	5.47M	13.60M	26.04M
EBIT	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
EPS (Basic)	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.26	-1.59	-0.92	-0.71	-0.59
Margins & Efficiency
Gross Margin %	+7.8%	+1.8%	-2.0%	+1.2%	+2.9%
EBITDA Margin %	+8.4%	+2.8%	+1.0%	+2.1%	+4.1%
Net Margin %	+3.8%	-23.0%	-14.3%	-8.9%	-7.4%
Revenue & Income
Revenue	563.98M	562.17M	522.61M	647.50M	641.52M
Revenue Growth (YoY)	+0.3%	+7.6%	-19.3%	+0.9%	+37.6%
Interest & Investment Income	80.00K	116.00K	96.00K	76.00K	409.00K
Earnings From Equity Investments	27.61M	19.34M	—	—	—
Gain (Loss) on Sale of Assets	43.01M	16.72M	1.99M	0.55M	1.25M
Gain (Loss) on Sale of Investments	-0.26M	-0.30M	0.23M	1.02M	0.20M
Expenses & Provisions
Cost of Revenue	519.83M	551.86M	533.32M	639.91M	622.74M
Selling, General & Admin	31.63M	37.89M	37.01M	44.90M	44.84M
Operating Expenses	34.10M	39.33M	31.62M	40.86M	40.36M
Other Operating Expenses	-4.67M	-4.56M	-5.40M	-4.03M	-4.49M
Interest Expense	-14.90M	-16.05M	-14.97M	-6.24M	-2.71M
Other Non Operating Income (Expenses)	-14.92M	-101.00M	—	—	—
D&A For EBITDA	37.07M	44.51M	47.80M	46.86M	47.62M
Profitability & Returns
Gross Profit	44.16M	10.31M	-10.71M	7.60M	18.78M
Gross Margin	+7.8%	+1.8%	-2.0%	+1.2%	+2.9%
EBIT	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
EBIT Margin	+1.8%	-5.2%	-8.1%	-5.1%	-3.4%
EBITDA	47.13M	15.49M	5.47M	13.60M	26.04M
EBITDA Margin	+8.4%	+2.8%	+1.0%	+2.1%	+4.1%
EBT Excluding Unusual Items	7.93M	-126.61M	-57.20M	-39.43M	-23.88M
Pretax Income	50.69M	-110.18M	-54.98M	-37.87M	-22.43M
Operating Income	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
Operating Margin	+1.8%	-5.2%	-8.1%	-5.1%	-3.4%
Profit Margin	+3.8%	-23.0%	-14.3%	-8.9%	-7.4%
Net Income	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
Net Income to Common	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
Income Tax Expense	29.37M	18.93M	19.81M	20.00M	25.32M
Effective Tax Rate	+57.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.26	-1.59	-0.92	-0.71	-0.59
Shares Outstanding (Basic)	81.25M	81.25M	81.25M	81.25M	81.25M
Shares Outstanding (Diluted)	81.25M	81.25M	81.25M	81.25M	81.25M
Free Cash Flow	-21.16M	-38.34M	-28.62M	-57.89M	-88.87M
Free Cash Flow Margin	-3.8%	-6.8%	-5.5%	-8.9%	-13.9%
Free Cash Flow Per Share	-0.26	-0.47	-0.35	-0.71	-1.09

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	563.98M	562.17M	522.61M	647.50M	641.52M
Cost of Revenue	519.83M	551.86M	533.32M	639.91M	622.74M
Gross Profit	44.16M	10.31M	-10.71M	7.60M	18.78M
SG&A	31.63M	37.89M	37.01M	44.90M	44.84M
Operating Expenses	34.10M	39.33M	31.62M	40.86M	40.36M
Operating Income	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
Interest Income	80.00K	116.00K	96.00K	76.00K	409.00K
Interest Expense	-14.90M	-16.05M	-14.97M	-6.24M	-2.71M
Other Income/Expense	-14.92M	-101.00M	—	—	—
Pretax Income	50.69M	-110.18M	-54.98M	-37.87M	-22.43M
Income Tax	29.37M	18.93M	19.81M	20.00M	25.32M
Net Income	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
EBITDA	47.13M	15.49M	5.47M	13.60M	26.04M
EBIT	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
EPS (Basic)	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.26	-1.59	-0.92	-0.71	-0.59
Margins & Efficiency
Gross Margin %	+7.8%	+1.8%	-2.0%	+1.2%	+2.9%
EBITDA Margin %	+8.4%	+2.8%	+1.0%	+2.1%	+4.1%
Net Margin %	+3.8%	-23.0%	-14.3%	-8.9%	-7.4%
Revenue & Income
Revenue	563.98M	562.17M	522.61M	647.50M	641.52M
Revenue Growth (YoY)	+0.3%	+7.6%	-19.3%	+0.9%	+37.6%
Interest & Investment Income	80.00K	116.00K	96.00K	76.00K	409.00K
Earnings From Equity Investments	27.61M	19.34M	—	—	—
Gain (Loss) on Sale of Assets	43.01M	16.72M	1.99M	0.55M	1.25M
Gain (Loss) on Sale of Investments	-0.26M	-0.30M	0.23M	1.02M	0.20M
Expenses & Provisions
Cost of Revenue	519.83M	551.86M	533.32M	639.91M	622.74M
Selling, General & Admin	31.63M	37.89M	37.01M	44.90M	44.84M
Operating Expenses	34.10M	39.33M	31.62M	40.86M	40.36M
Other Operating Expenses	-4.67M	-4.56M	-5.40M	-4.03M	-4.49M
Interest Expense	-14.90M	-16.05M	-14.97M	-6.24M	-2.71M
Other Non Operating Income (Expenses)	-14.92M	-101.00M	—	—	—
D&A For EBITDA	37.07M	44.51M	47.80M	46.86M	47.62M
Profitability & Returns
Gross Profit	44.16M	10.31M	-10.71M	7.60M	18.78M
Gross Margin	+7.8%	+1.8%	-2.0%	+1.2%	+2.9%
EBIT	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
EBIT Margin	+1.8%	-5.2%	-8.1%	-5.1%	-3.4%
EBITDA	47.13M	15.49M	5.47M	13.60M	26.04M
EBITDA Margin	+8.4%	+2.8%	+1.0%	+2.1%	+4.1%
EBT Excluding Unusual Items	7.93M	-126.61M	-57.20M	-39.43M	-23.88M
Pretax Income	50.69M	-110.18M	-54.98M	-37.87M	-22.43M
Operating Income	10.06M	-29.02M	-42.33M	-33.26M	-21.57M
Operating Margin	+1.8%	-5.2%	-8.1%	-5.1%	-3.4%
Profit Margin	+3.8%	-23.0%	-14.3%	-8.9%	-7.4%
Net Income	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
Net Income to Common	21.32M	-129.12M	-74.79M	-57.87M	-47.75M
Income Tax Expense	29.37M	18.93M	19.81M	20.00M	25.32M
Effective Tax Rate	+57.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.26	-1.59	-0.92	-0.71	-0.59
EPS (Diluted)	0.26	-1.59	-0.92	-0.71	-0.59
Shares Outstanding (Basic)	81.25M	81.25M	81.25M	81.25M	81.25M
Shares Outstanding (Diluted)	81.25M	81.25M	81.25M	81.25M	81.25M
Free Cash Flow	-21.16M	-38.34M	-28.62M	-57.89M	-88.87M
Free Cash Flow Margin	-3.8%	-6.8%	-5.5%	-8.9%	-13.9%
Free Cash Flow Per Share	-0.26	-0.47	-0.35	-0.71	-1.09