MESC

Middle East Specialized Cables Co.

2370StocksTadawulIndustrials

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	1.48B	1.14B	0.93B	0.81B	0.52B
Cost of Revenue	1.24B	0.94B	0.78B	0.74B	0.46B
Gross Profit	237.09M	200.25M	151.68M	74.54M	51.55M
SG&A	100.84M	80.57M	71.74M	51.16M	64.85M
Operating Expenses	104.03M	83.52M	75.34M	48.96M	57.67M
Operating Income	133.06M	116.73M	76.34M	25.57M	-6.12M
Interest Expense	-9.90M	-3.50M	-4.37M	-3.54M	-3.26M
Other Income/Expense	-7.98M	-8.24M	-6.44M	-2.66M	-0.60M
Pretax Income	115.18M	104.78M	65.53M	19.09M	-10.19M
Income Tax	13.52M	13.78M	16.60M	30.88M	12.52M
Net Income	101.66M	91.00M	48.94M	-11.79M	-22.72M
EBITDA	154.01M	135.77M	94.17M	43.30M	11.97M
EBIT	133.06M	116.73M	76.34M	25.57M	-6.12M
EPS (Basic)	2.54	2.27	1.22	-0.29	-0.57
EPS (Diluted)	2.54	2.27	1.22	-0.29	-0.57
DPS	1.00	—	—	—	—
Margins & Efficiency
Gross Margin %	+16.0%	+17.5%	+16.4%	+9.2%	+10.0%
EBITDA Margin %	+10.4%	+11.9%	+10.2%	+5.3%	+2.3%
Net Margin %	+6.9%	+8.0%	+5.3%	-1.4%	-4.4%
Revenue & Income
Revenue	1.48B	1.14B	0.93B	0.81B	0.52B
Revenue Growth (YoY)	+29.6%	+23.4%	+13.8%	+57.7%	-1.7%
Expenses & Provisions
Advertising Expenses	3.29M	2.98M	1.78M	1.49M	0.14M
Cost of Revenue	1.24B	0.94B	0.78B	0.74B	0.46B
Selling, General & Admin	100.84M	80.57M	71.74M	51.16M	64.85M
Operating Expenses	104.03M	83.52M	75.34M	48.96M	57.67M
Other Operating Expenses	—	—	1.20M	4.25M	1.02M
Interest Expense	-9.90M	-3.50M	-4.37M	-3.54M	-3.26M
Other Non Operating Income (Expenses)	-7.98M	-8.24M	-6.44M	-2.66M	-0.60M
Asset Writedown	—	-211.37K	—	-281.50K	-218.00K
D&A For EBITDA	20.94M	19.04M	17.83M	17.73M	18.09M
Profitability & Returns
Gross Profit	237.09M	200.25M	151.68M	74.54M	51.55M
Gross Margin	+16.0%	+17.5%	+16.4%	+9.2%	+10.0%
EBIT	133.06M	116.73M	76.34M	25.57M	-6.12M
EBIT Margin	+9.0%	+10.2%	+8.2%	+3.1%	-1.2%
EBITDA	154.01M	135.77M	94.17M	43.30M	11.97M
EBITDA Margin	+10.4%	+11.9%	+10.2%	+5.3%	+2.3%
EBT Excluding Unusual Items	115.18M	104.99M	65.53M	19.37M	-9.97M
Pretax Income	115.18M	104.78M	65.53M	19.09M	-10.19M
Operating Income	133.06M	116.73M	76.34M	25.57M	-6.12M
Operating Margin	+9.0%	+10.2%	+8.2%	+3.1%	-1.2%
Profit Margin	+6.9%	+8.0%	+5.3%	-1.4%	-4.4%
Net Income	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income to Common	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income to Company	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income Growth	+11.7%	+86.0%	—	—	—
Earnings From Continuing Ops.	101.66M	91.00M	48.94M	-11.79M	-22.72M
Income Tax Expense	13.52M	13.78M	16.60M	30.88M	12.52M
Effective Tax Rate	+11.7%	+13.2%	+25.3%	+161.7%	—
Per Share & Capital
EPS (Basic)	2.54	2.27	1.22	-0.29	-0.57
EPS (Diluted)	2.54	2.27	1.22	-0.29	-0.57
EPS Growth	+11.7%	+86.0%	—	—	—
Dividend Per Share	1.00	—	—	—	—
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	40.00M	40.00M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	40.00M	40.00M
Free Cash Flow	-14.91M	-72.23M	68.83M	-46.60M	51.95M
Free Cash Flow Margin	-1.0%	-6.3%	+7.4%	-5.7%	+10.1%
Free Cash Flow Per Share	-0.37	-1.81	1.72	-1.17	1.30
Payout Ratio	+39.3%	—	—	—	—

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	1.48B	1.14B	0.93B	0.81B	0.52B
Cost of Revenue	1.24B	0.94B	0.78B	0.74B	0.46B
Gross Profit	237.09M	200.25M	151.68M	74.54M	51.55M
SG&A	100.84M	80.57M	71.74M	51.16M	64.85M
Operating Expenses	104.03M	83.52M	75.34M	48.96M	57.67M
Operating Income	133.06M	116.73M	76.34M	25.57M	-6.12M
Interest Expense	-9.90M	-3.50M	-4.37M	-3.54M	-3.26M
Other Income/Expense	-7.98M	-8.24M	-6.44M	-2.66M	-0.60M
Pretax Income	115.18M	104.78M	65.53M	19.09M	-10.19M
Income Tax	13.52M	13.78M	16.60M	30.88M	12.52M
Net Income	101.66M	91.00M	48.94M	-11.79M	-22.72M
EBITDA	154.01M	135.77M	94.17M	43.30M	11.97M
EBIT	133.06M	116.73M	76.34M	25.57M	-6.12M
EPS (Basic)	2.54	2.27	1.22	-0.29	-0.57
EPS (Diluted)	2.54	2.27	1.22	-0.29	-0.57
DPS	1.00	—	—	—	—
Margins & Efficiency
Gross Margin %	+16.0%	+17.5%	+16.4%	+9.2%	+10.0%
EBITDA Margin %	+10.4%	+11.9%	+10.2%	+5.3%	+2.3%
Net Margin %	+6.9%	+8.0%	+5.3%	-1.4%	-4.4%
Revenue & Income
Revenue	1.48B	1.14B	0.93B	0.81B	0.52B
Revenue Growth (YoY)	+29.6%	+23.4%	+13.8%	+57.7%	-1.7%
Expenses & Provisions
Advertising Expenses	3.29M	2.98M	1.78M	1.49M	0.14M
Cost of Revenue	1.24B	0.94B	0.78B	0.74B	0.46B
Selling, General & Admin	100.84M	80.57M	71.74M	51.16M	64.85M
Operating Expenses	104.03M	83.52M	75.34M	48.96M	57.67M
Other Operating Expenses	—	—	1.20M	4.25M	1.02M
Interest Expense	-9.90M	-3.50M	-4.37M	-3.54M	-3.26M
Other Non Operating Income (Expenses)	-7.98M	-8.24M	-6.44M	-2.66M	-0.60M
Asset Writedown	—	-211.37K	—	-281.50K	-218.00K
D&A For EBITDA	20.94M	19.04M	17.83M	17.73M	18.09M
Profitability & Returns
Gross Profit	237.09M	200.25M	151.68M	74.54M	51.55M
Gross Margin	+16.0%	+17.5%	+16.4%	+9.2%	+10.0%
EBIT	133.06M	116.73M	76.34M	25.57M	-6.12M
EBIT Margin	+9.0%	+10.2%	+8.2%	+3.1%	-1.2%
EBITDA	154.01M	135.77M	94.17M	43.30M	11.97M
EBITDA Margin	+10.4%	+11.9%	+10.2%	+5.3%	+2.3%
EBT Excluding Unusual Items	115.18M	104.99M	65.53M	19.37M	-9.97M
Pretax Income	115.18M	104.78M	65.53M	19.09M	-10.19M
Operating Income	133.06M	116.73M	76.34M	25.57M	-6.12M
Operating Margin	+9.0%	+10.2%	+8.2%	+3.1%	-1.2%
Profit Margin	+6.9%	+8.0%	+5.3%	-1.4%	-4.4%
Net Income	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income to Common	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income to Company	101.66M	91.00M	48.94M	-11.79M	-22.72M
Net Income Growth	+11.7%	+86.0%	—	—	—
Earnings From Continuing Ops.	101.66M	91.00M	48.94M	-11.79M	-22.72M
Income Tax Expense	13.52M	13.78M	16.60M	30.88M	12.52M
Effective Tax Rate	+11.7%	+13.2%	+25.3%	+161.7%	—
Per Share & Capital
EPS (Basic)	2.54	2.27	1.22	-0.29	-0.57
EPS (Diluted)	2.54	2.27	1.22	-0.29	-0.57
EPS Growth	+11.7%	+86.0%	—	—	—
Dividend Per Share	1.00	—	—	—	—
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	40.00M	40.00M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	40.00M	40.00M
Free Cash Flow	-14.91M	-72.23M	68.83M	-46.60M	51.95M
Free Cash Flow Margin	-1.0%	-6.3%	+7.4%	-5.7%	+10.1%
Free Cash Flow Per Share	-0.37	-1.81	1.72	-1.17	1.30
Payout Ratio	+39.3%	—	—	—	—