ALASEEL

Thob Al-Aseel Co.

4012StocksTadawulIndustrials

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	528.18M	522.46M	532.22M	508.80M	481.90M
Cost of Revenue	304.99M	310.37M	317.48M	298.61M	308.69M
Gross Profit	223.19M	212.09M	214.74M	210.19M	173.21M
SG&A	121.78M	100.32M	91.94M	87.29M	80.58M
Operating Expenses	100.77M	112.90M	115.85M	131.15M	94.91M
Operating Income	122.42M	99.19M	98.89M	79.05M	78.29M
Interest Expense	-4.01M	-4.10M	-6.07M	-2.54M	-1.55M
Pretax Income	113.48M	99.50M	94.99M	75.08M	76.80M
Income Tax	13.37M	15.60M	18.08M	21.65M	17.07M
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
EBITDA	128.07M	103.44M	101.77M	81.03M	80.04M
EBIT	122.42M	99.19M	98.89M	79.05M	78.29M
EPS (Basic)	0.25	0.21	0.19	0.13	0.15
EPS (Diluted)	0.25	0.21	0.19	0.13	0.15
DPS	0.20	0.19	0.19	0.15	0.15
Margins & Efficiency
Gross Margin %	+42.3%	+40.6%	+40.3%	+41.3%	+35.9%
EBITDA Margin %	+24.2%	+19.8%	+19.1%	+15.9%	+16.6%
Net Margin %	+19.0%	+16.1%	+14.5%	+10.5%	+12.4%
Revenue & Income
Revenue	528.18M	522.46M	532.22M	508.80M	481.90M
Revenue Growth (YoY)	+1.1%	-1.8%	+4.6%	+5.6%	-8.6%
Earnings From Equity Investments	-5.25M	—	—	—	—
Gain (Loss) on Sale of Assets	0.22M	2.17M	0.42M	0.19M	0.05M
Gain (Loss) on Sale of Investments	0.09M	2.24M	1.75M	-1.61M	—
Expenses & Provisions
Cost of Revenue	304.99M	310.37M	317.48M	298.61M	308.69M
Selling, General & Admin	121.78M	100.32M	91.94M	87.29M	80.58M
Operating Expenses	100.77M	112.90M	115.85M	131.15M	94.91M
Other Operating Expenses	-9.46M	-1.96M	-0.71M	-0.28M	-0.51M
Interest Expense	-4.01M	-4.10M	-6.07M	-2.54M	-1.55M
D&A For EBITDA	5.65M	4.25M	2.87M	1.98M	1.74M
Profitability & Returns
Gross Profit	223.19M	212.09M	214.74M	210.19M	173.21M
Gross Margin	+42.3%	+40.6%	+40.3%	+41.3%	+35.9%
EBIT	122.42M	99.19M	98.89M	79.05M	78.29M
EBIT Margin	+23.2%	+19.0%	+18.6%	+15.5%	+16.2%
EBITDA	128.07M	103.44M	101.77M	81.03M	80.04M
EBITDA Margin	+24.2%	+19.8%	+19.1%	+15.9%	+16.6%
EBT Excluding Unusual Items	113.16M	95.10M	92.82M	76.50M	76.75M
Pretax Income	113.48M	99.50M	94.99M	75.08M	76.80M
Operating Income	122.42M	99.19M	98.89M	79.05M	78.29M
Operating Margin	+23.2%	+19.0%	+18.6%	+15.5%	+16.2%
Profit Margin	+19.0%	+16.1%	+14.5%	+10.5%	+12.4%
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
Net Income to Common	100.11M	83.90M	76.92M	53.44M	59.73M
Net Income Growth	+19.3%	+9.1%	+43.9%	-10.5%	-27.5%
Income Tax Expense	13.37M	15.60M	18.08M	21.65M	17.07M
Effective Tax Rate	+11.8%	+15.7%	+19.0%	+28.8%	+22.2%
Per Share & Capital
EPS (Basic)	0.25	0.21	0.19	0.13	0.15
EPS (Diluted)	0.25	0.21	0.19	0.13	0.15
EPS Growth	+19.3%	+9.1%	+43.9%	-10.5%	-27.5%
Dividend Per Share	0.20	0.19	0.19	0.15	0.15
Shares Change (YoY)	—	—	—	—	—
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	+5.3%	+1.3%	+25.0%	—	-11.1%
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Free Cash Flow Margin	+38.4%	+26.2%	+21.7%	+8.6%	+23.2%
Free Cash Flow Per Share	0.51	0.34	0.29	0.11	0.28
Payout Ratio	+79.9%	+90.6%	+84.5%	+112.3%	+37.7%

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	528.18M	522.46M	532.22M	508.80M	481.90M
Cost of Revenue	304.99M	310.37M	317.48M	298.61M	308.69M
Gross Profit	223.19M	212.09M	214.74M	210.19M	173.21M
SG&A	121.78M	100.32M	91.94M	87.29M	80.58M
Operating Expenses	100.77M	112.90M	115.85M	131.15M	94.91M
Operating Income	122.42M	99.19M	98.89M	79.05M	78.29M
Interest Expense	-4.01M	-4.10M	-6.07M	-2.54M	-1.55M
Pretax Income	113.48M	99.50M	94.99M	75.08M	76.80M
Income Tax	13.37M	15.60M	18.08M	21.65M	17.07M
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
EBITDA	128.07M	103.44M	101.77M	81.03M	80.04M
EBIT	122.42M	99.19M	98.89M	79.05M	78.29M
EPS (Basic)	0.25	0.21	0.19	0.13	0.15
EPS (Diluted)	0.25	0.21	0.19	0.13	0.15
DPS	0.20	0.19	0.19	0.15	0.15
Margins & Efficiency
Gross Margin %	+42.3%	+40.6%	+40.3%	+41.3%	+35.9%
EBITDA Margin %	+24.2%	+19.8%	+19.1%	+15.9%	+16.6%
Net Margin %	+19.0%	+16.1%	+14.5%	+10.5%	+12.4%
Revenue & Income
Revenue	528.18M	522.46M	532.22M	508.80M	481.90M
Revenue Growth (YoY)	+1.1%	-1.8%	+4.6%	+5.6%	-8.6%
Earnings From Equity Investments	-5.25M	—	—	—	—
Gain (Loss) on Sale of Assets	0.22M	2.17M	0.42M	0.19M	0.05M
Gain (Loss) on Sale of Investments	0.09M	2.24M	1.75M	-1.61M	—
Expenses & Provisions
Cost of Revenue	304.99M	310.37M	317.48M	298.61M	308.69M
Selling, General & Admin	121.78M	100.32M	91.94M	87.29M	80.58M
Operating Expenses	100.77M	112.90M	115.85M	131.15M	94.91M
Other Operating Expenses	-9.46M	-1.96M	-0.71M	-0.28M	-0.51M
Interest Expense	-4.01M	-4.10M	-6.07M	-2.54M	-1.55M
D&A For EBITDA	5.65M	4.25M	2.87M	1.98M	1.74M
Profitability & Returns
Gross Profit	223.19M	212.09M	214.74M	210.19M	173.21M
Gross Margin	+42.3%	+40.6%	+40.3%	+41.3%	+35.9%
EBIT	122.42M	99.19M	98.89M	79.05M	78.29M
EBIT Margin	+23.2%	+19.0%	+18.6%	+15.5%	+16.2%
EBITDA	128.07M	103.44M	101.77M	81.03M	80.04M
EBITDA Margin	+24.2%	+19.8%	+19.1%	+15.9%	+16.6%
EBT Excluding Unusual Items	113.16M	95.10M	92.82M	76.50M	76.75M
Pretax Income	113.48M	99.50M	94.99M	75.08M	76.80M
Operating Income	122.42M	99.19M	98.89M	79.05M	78.29M
Operating Margin	+23.2%	+19.0%	+18.6%	+15.5%	+16.2%
Profit Margin	+19.0%	+16.1%	+14.5%	+10.5%	+12.4%
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
Net Income to Common	100.11M	83.90M	76.92M	53.44M	59.73M
Net Income Growth	+19.3%	+9.1%	+43.9%	-10.5%	-27.5%
Income Tax Expense	13.37M	15.60M	18.08M	21.65M	17.07M
Effective Tax Rate	+11.8%	+15.7%	+19.0%	+28.8%	+22.2%
Per Share & Capital
EPS (Basic)	0.25	0.21	0.19	0.13	0.15
EPS (Diluted)	0.25	0.21	0.19	0.13	0.15
EPS Growth	+19.3%	+9.1%	+43.9%	-10.5%	-27.5%
Dividend Per Share	0.20	0.19	0.19	0.15	0.15
Shares Change (YoY)	—	—	—	—	—
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	+5.3%	+1.3%	+25.0%	—	-11.1%
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Free Cash Flow Margin	+38.4%	+26.2%	+21.7%	+8.6%	+23.2%
Free Cash Flow Per Share	0.51	0.34	0.29	0.11	0.28
Payout Ratio	+79.9%	+90.6%	+84.5%	+112.3%	+37.7%