SGS

Saudi Ground Services Co.

4031StocksTadawulTransportation

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	2.68B	2.46B	1.98B	1.61B	1.25B
Cost of Revenue	2.06B	2.05B	1.82B	1.41B	1.27B
Gross Profit	620.94M	409.01M	158.43M	193.91M	-21.77M
SG&A	269.69M	210.29M	285.80M	298.71M	255.71M
Operating Expenses	307.56M	180.78M	279.02M	371.53M	381.55M
Operating Income	313.38M	228.23M	-120.59M	-177.62M	-403.32M
Interest Income	27.73M	40.08M	8.08M	6.37M	—
Interest Expense	-9.92M	-29.70M	-30.55M	-26.21M	-10.28M
Other Income/Expense	-4.38M	-1.54M	-0.66M	-0.64M	-5.26M
Pretax Income	377.54M	270.88M	-77.60M	-214.28M	-427.30M
Income Tax	50.51M	59.41M	166.89M	40.13M	27.00M
Net Income	327.03M	211.48M	-244.49M	-253.81M	-454.30M
EBITDA	440.21M	350.45M	1.74M	-59.33M	-271.13M
EBIT	313.38M	228.23M	-120.59M	-177.62M	-403.32M
EPS (Basic)	1.74	1.12	-1.30	-1.35	-2.42
EPS (Diluted)	1.74	1.12	-1.30	-1.35	-2.42
DPS	2.00	—	—	—	—
Margins & Efficiency
Gross Margin %	+23.1%	+16.6%	+8.0%	+12.1%	-1.7%
EBITDA Margin %	+16.4%	+14.3%	+0.1%	-3.7%	-21.7%
Net Margin %	+12.2%	+8.6%	-12.4%	-15.8%	-36.3%
Revenue & Income
Revenue	2.68B	2.46B	1.98B	1.61B	1.25B
Revenue Growth (YoY)	+9.1%	+24.4%	+23.0%	+28.4%	-50.7%
Interest & Investment Income	27.73M	40.08M	8.08M	6.37M	—
Earnings From Equity Investments	28.47M	23.34M	24.07M	-34.70M	-22.30M
Gain (Loss) on Sale of Assets	5.25M	0.00M	0.94M	4.14M	—
Gain (Loss) on Sale of Investments	17.02M	10.47M	41.12M	14.38M	13.86M
Expenses & Provisions
Cost of Revenue	2.06B	2.05B	1.82B	1.41B	1.27B
Selling, General & Admin	269.69M	210.29M	285.80M	298.71M	255.71M
Operating Expenses	307.56M	180.78M	279.02M	371.53M	381.55M
Other Operating Expenses	-56.19M	-52.20M	-25.62M	-6.00M	-1.69M
Interest Expense	-9.92M	-29.70M	-30.55M	-26.21M	-10.28M
Other Non Operating Income (Expenses)	-4.38M	-1.54M	-0.66M	-0.64M	-5.26M
D&A For EBITDA	126.84M	122.22M	122.33M	118.30M	132.20M
Profitability & Returns
Gross Profit	620.94M	409.01M	158.43M	193.91M	-21.77M
Gross Margin	+23.1%	+16.6%	+8.0%	+12.1%	-1.7%
EBIT	313.38M	228.23M	-120.59M	-177.62M	-403.32M
EBIT Margin	+11.7%	+9.3%	-6.1%	-11.0%	-32.2%
EBITDA	440.21M	350.45M	1.74M	-59.33M	-271.13M
EBITDA Margin	+16.4%	+14.3%	+0.1%	-3.7%	-21.7%
EBT Excluding Unusual Items	355.28M	260.41M	-119.65M	-232.80M	-441.15M
Pretax Income	377.54M	270.88M	-77.60M	-214.28M	-427.30M
Operating Income	313.38M	228.23M	-120.59M	-177.62M	-403.32M
Operating Margin	+11.7%	+9.3%	-6.1%	-11.0%	-32.2%
Profit Margin	+12.2%	+8.6%	-12.4%	-15.8%	-36.3%
Net Income	327.03M	211.48M	-244.49M	-254.41M	-454.30M
Net Income to Common	327.03M	211.48M	-244.49M	-253.81M	-454.30M
Net Income Growth	+54.6%	—	—	—	—
Income Tax Expense	50.51M	59.41M	166.89M	40.13M	27.00M
Effective Tax Rate	+13.4%	+21.9%	—	—	—
Per Share & Capital
EPS (Basic)	1.74	1.12	-1.30	-1.35	-2.42
EPS (Diluted)	1.74	1.12	-1.30	-1.35	-2.42
EPS Growth	+54.6%	—	—	—	—
Dividend Per Share	2.00	—	—	—	—
Shares Outstanding (Basic)	188.00M	188.00M	188.00M	188.00M	188.00M
Shares Outstanding (Diluted)	188.00M	188.00M	188.00M	188.00M	188.00M
Free Cash Flow	318.73M	199.40M	-29.21M	-95.85M	-461.14M
Free Cash Flow Margin	+11.9%	+8.1%	-1.5%	-6.0%	-36.8%
Free Cash Flow Per Share	1.70	1.06	-0.16	-0.51	-2.45
Payout Ratio	+57.3%	—	—	—	—
Preferred Dividends & Other Adjustments	—	—	—	-596.00K	—

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	2.68B	2.46B	1.98B	1.61B	1.25B
Cost of Revenue	2.06B	2.05B	1.82B	1.41B	1.27B
Gross Profit	620.94M	409.01M	158.43M	193.91M	-21.77M
SG&A	269.69M	210.29M	285.80M	298.71M	255.71M
Operating Expenses	307.56M	180.78M	279.02M	371.53M	381.55M
Operating Income	313.38M	228.23M	-120.59M	-177.62M	-403.32M
Interest Income	27.73M	40.08M	8.08M	6.37M	—
Interest Expense	-9.92M	-29.70M	-30.55M	-26.21M	-10.28M
Other Income/Expense	-4.38M	-1.54M	-0.66M	-0.64M	-5.26M
Pretax Income	377.54M	270.88M	-77.60M	-214.28M	-427.30M
Income Tax	50.51M	59.41M	166.89M	40.13M	27.00M
Net Income	327.03M	211.48M	-244.49M	-253.81M	-454.30M
EBITDA	440.21M	350.45M	1.74M	-59.33M	-271.13M
EBIT	313.38M	228.23M	-120.59M	-177.62M	-403.32M
EPS (Basic)	1.74	1.12	-1.30	-1.35	-2.42
EPS (Diluted)	1.74	1.12	-1.30	-1.35	-2.42
DPS	2.00	—	—	—	—
Margins & Efficiency
Gross Margin %	+23.1%	+16.6%	+8.0%	+12.1%	-1.7%
EBITDA Margin %	+16.4%	+14.3%	+0.1%	-3.7%	-21.7%
Net Margin %	+12.2%	+8.6%	-12.4%	-15.8%	-36.3%
Revenue & Income
Revenue	2.68B	2.46B	1.98B	1.61B	1.25B
Revenue Growth (YoY)	+9.1%	+24.4%	+23.0%	+28.4%	-50.7%
Interest & Investment Income	27.73M	40.08M	8.08M	6.37M	—
Earnings From Equity Investments	28.47M	23.34M	24.07M	-34.70M	-22.30M
Gain (Loss) on Sale of Assets	5.25M	0.00M	0.94M	4.14M	—
Gain (Loss) on Sale of Investments	17.02M	10.47M	41.12M	14.38M	13.86M
Expenses & Provisions
Cost of Revenue	2.06B	2.05B	1.82B	1.41B	1.27B
Selling, General & Admin	269.69M	210.29M	285.80M	298.71M	255.71M
Operating Expenses	307.56M	180.78M	279.02M	371.53M	381.55M
Other Operating Expenses	-56.19M	-52.20M	-25.62M	-6.00M	-1.69M
Interest Expense	-9.92M	-29.70M	-30.55M	-26.21M	-10.28M
Other Non Operating Income (Expenses)	-4.38M	-1.54M	-0.66M	-0.64M	-5.26M
D&A For EBITDA	126.84M	122.22M	122.33M	118.30M	132.20M
Profitability & Returns
Gross Profit	620.94M	409.01M	158.43M	193.91M	-21.77M
Gross Margin	+23.1%	+16.6%	+8.0%	+12.1%	-1.7%
EBIT	313.38M	228.23M	-120.59M	-177.62M	-403.32M
EBIT Margin	+11.7%	+9.3%	-6.1%	-11.0%	-32.2%
EBITDA	440.21M	350.45M	1.74M	-59.33M	-271.13M
EBITDA Margin	+16.4%	+14.3%	+0.1%	-3.7%	-21.7%
EBT Excluding Unusual Items	355.28M	260.41M	-119.65M	-232.80M	-441.15M
Pretax Income	377.54M	270.88M	-77.60M	-214.28M	-427.30M
Operating Income	313.38M	228.23M	-120.59M	-177.62M	-403.32M
Operating Margin	+11.7%	+9.3%	-6.1%	-11.0%	-32.2%
Profit Margin	+12.2%	+8.6%	-12.4%	-15.8%	-36.3%
Net Income	327.03M	211.48M	-244.49M	-254.41M	-454.30M
Net Income to Common	327.03M	211.48M	-244.49M	-253.81M	-454.30M
Net Income Growth	+54.6%	—	—	—	—
Income Tax Expense	50.51M	59.41M	166.89M	40.13M	27.00M
Effective Tax Rate	+13.4%	+21.9%	—	—	—
Per Share & Capital
EPS (Basic)	1.74	1.12	-1.30	-1.35	-2.42
EPS (Diluted)	1.74	1.12	-1.30	-1.35	-2.42
EPS Growth	+54.6%	—	—	—	—
Dividend Per Share	2.00	—	—	—	—
Shares Outstanding (Basic)	188.00M	188.00M	188.00M	188.00M	188.00M
Shares Outstanding (Diluted)	188.00M	188.00M	188.00M	188.00M	188.00M
Free Cash Flow	318.73M	199.40M	-29.21M	-95.85M	-461.14M
Free Cash Flow Margin	+11.9%	+8.1%	-1.5%	-6.0%	-36.8%
Free Cash Flow Per Share	1.70	1.06	-0.16	-0.51	-2.45
Payout Ratio	+57.3%	—	—	—	—
Preferred Dividends & Other Adjustments	—	—	—	-596.00K	—