SRMG

Saudi Research and Media Group

4210StocksTadawulIndustrials

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	3.26B	3.75B	3.71B	3.05B	2.26B
Cost of Revenue	2.42B	2.60B	2.47B	1.97B	1.52B
Gross Profit	0.85B	1.14B	1.24B	1.07B	0.74B
SG&A	499.70M	549.04M	500.85M	446.50M	345.10M
Operating Expenses	510.64M	524.08M	511.21M	439.85M	323.21M
Operating Income	336.40M	619.61M	732.39M	632.38M	418.01M
Interest Income	37.78M	32.30M	37.55M	7.20M	1.14M
Interest Expense	-111.62M	-86.93M	-55.44M	-53.65M	-64.74M
Other Income/Expense	-6.23M	-3.06M	0.68M	-0.60M	-1.67M
Pretax Income	171.24M	517.68M	729.50M	580.47M	305.89M
Income Tax	32.83M	5.47M	87.40M	66.33M	78.10M
Net Income	201.69M	559.62M	648.79M	537.02M	245.65M
EBITDA	562.02M	847.74M	945.47M	813.75M	594.29M
EBIT	336.40M	619.61M	732.39M	632.38M	418.01M
EPS (Basic)	2.52	7.00	8.11	6.71	3.07
EPS (Diluted)	2.52	7.00	8.11	6.71	3.07
Margins & Efficiency
Gross Margin %	+26.0%	+30.5%	+33.5%	+35.2%	+32.8%
EBITDA Margin %	+17.2%	+22.6%	+25.5%	+26.7%	+26.3%
Net Margin %	+6.2%	+14.9%	+17.5%	+17.6%	+10.9%
Revenue & Income
Revenue	3.26B	3.75B	3.71B	3.05B	2.26B
Revenue Growth (YoY)	-12.9%	+1.0%	+21.8%	+34.8%	-6.2%
Interest & Investment Income	37.78M	32.30M	37.55M	7.20M	1.14M
Gain (Loss) on Sale of Assets	-1.65M	-0.88M	-0.44M	-0.12M	0.53M
Gain (Loss) on Sale of Investments	—	—	2.43M	1.09M	3.19M
Currency Exchange Gain (Loss)	-4.13M	-8.36M	12.32M	-5.82M	-10.83M
Expenses & Provisions
Cost of Revenue	2.42B	2.60B	2.47B	1.97B	1.52B
Selling, General & Admin	499.70M	549.04M	500.85M	446.50M	345.10M
Operating Expenses	510.64M	524.08M	511.21M	439.85M	323.21M
Other Operating Expenses	-9.35M	-19.96M	-7.33M	-14.56M	-33.96M
Interest Expense	-111.62M	-86.93M	-55.44M	-53.65M	-64.74M
Other Non Operating Income (Expenses)	-6.23M	-3.06M	0.68M	-0.60M	-1.67M
Asset Writedown	-29.69M	—	—	—	-42.80M
Impairment of Goodwill	-50.00M	-35.00M	—	—	—
D&A For EBITDA	225.62M	228.12M	213.08M	181.36M	176.28M
Profitability & Returns
Gross Profit	0.85B	1.14B	1.24B	1.07B	0.74B
Gross Margin	+26.0%	+30.5%	+33.5%	+35.2%	+32.8%
EBIT	336.40M	619.61M	732.39M	632.38M	418.01M
EBIT Margin	+10.3%	+16.5%	+19.7%	+20.8%	+18.5%
EBITDA	562.02M	847.74M	945.47M	813.75M	594.29M
EBITDA Margin	+17.2%	+22.6%	+25.5%	+26.7%	+26.3%
EBT Excluding Unusual Items	252.20M	553.56M	727.50M	579.51M	341.91M
Pretax Income	171.24M	517.68M	729.50M	580.47M	305.89M
Operating Income	336.40M	619.61M	732.39M	632.38M	418.01M
Operating Margin	+10.3%	+16.5%	+19.7%	+20.8%	+18.5%
Profit Margin	+6.2%	+14.9%	+17.5%	+17.6%	+10.9%
Net Income	201.69M	559.62M	648.79M	537.02M	245.65M
Net Income to Common	201.69M	559.62M	648.79M	537.02M	245.65M
Net Income to Company	138.41M	512.21M	642.10M	514.15M	227.79M
Net Income Growth	-64.0%	-13.7%	+20.8%	+118.6%	-0.2%
Earnings From Continuing Ops.	138.41M	512.21M	642.10M	514.15M	227.79M
Minority Interest in Earnings	63.28M	47.41M	6.69M	22.87M	17.86M
Income Tax Expense	32.83M	5.47M	87.40M	66.33M	78.10M
Effective Tax Rate	+19.2%	+1.1%	+12.0%	+11.4%	+25.5%
Per Share & Capital
EPS (Basic)	2.52	7.00	8.11	6.71	3.07
EPS (Diluted)	2.52	7.00	8.11	6.71	3.07
EPS Growth	-64.0%	-13.7%	+20.8%	+118.6%	-0.2%
Shares Outstanding (Basic)	80.00M	80.00M	80.00M	80.00M	80.00M
Shares Outstanding (Diluted)	80.00M	80.00M	80.00M	80.00M	80.00M
Free Cash Flow	0.11B	-0.93B	0.27B	1.26B	-0.03B
Free Cash Flow Margin	+3.3%	-24.9%	+7.3%	+41.4%	-1.1%
Free Cash Flow Per Share	1.33	-11.65	3.39	15.77	-0.32
Supplemental
Other Unusual Items	393.18K	—	—	—	—

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	3.26B	3.75B	3.71B	3.05B	2.26B
Cost of Revenue	2.42B	2.60B	2.47B	1.97B	1.52B
Gross Profit	0.85B	1.14B	1.24B	1.07B	0.74B
SG&A	499.70M	549.04M	500.85M	446.50M	345.10M
Operating Expenses	510.64M	524.08M	511.21M	439.85M	323.21M
Operating Income	336.40M	619.61M	732.39M	632.38M	418.01M
Interest Income	37.78M	32.30M	37.55M	7.20M	1.14M
Interest Expense	-111.62M	-86.93M	-55.44M	-53.65M	-64.74M
Other Income/Expense	-6.23M	-3.06M	0.68M	-0.60M	-1.67M
Pretax Income	171.24M	517.68M	729.50M	580.47M	305.89M
Income Tax	32.83M	5.47M	87.40M	66.33M	78.10M
Net Income	201.69M	559.62M	648.79M	537.02M	245.65M
EBITDA	562.02M	847.74M	945.47M	813.75M	594.29M
EBIT	336.40M	619.61M	732.39M	632.38M	418.01M
EPS (Basic)	2.52	7.00	8.11	6.71	3.07
EPS (Diluted)	2.52	7.00	8.11	6.71	3.07
Margins & Efficiency
Gross Margin %	+26.0%	+30.5%	+33.5%	+35.2%	+32.8%
EBITDA Margin %	+17.2%	+22.6%	+25.5%	+26.7%	+26.3%
Net Margin %	+6.2%	+14.9%	+17.5%	+17.6%	+10.9%
Revenue & Income
Revenue	3.26B	3.75B	3.71B	3.05B	2.26B
Revenue Growth (YoY)	-12.9%	+1.0%	+21.8%	+34.8%	-6.2%
Interest & Investment Income	37.78M	32.30M	37.55M	7.20M	1.14M
Gain (Loss) on Sale of Assets	-1.65M	-0.88M	-0.44M	-0.12M	0.53M
Gain (Loss) on Sale of Investments	—	—	2.43M	1.09M	3.19M
Currency Exchange Gain (Loss)	-4.13M	-8.36M	12.32M	-5.82M	-10.83M
Expenses & Provisions
Cost of Revenue	2.42B	2.60B	2.47B	1.97B	1.52B
Selling, General & Admin	499.70M	549.04M	500.85M	446.50M	345.10M
Operating Expenses	510.64M	524.08M	511.21M	439.85M	323.21M
Other Operating Expenses	-9.35M	-19.96M	-7.33M	-14.56M	-33.96M
Interest Expense	-111.62M	-86.93M	-55.44M	-53.65M	-64.74M
Other Non Operating Income (Expenses)	-6.23M	-3.06M	0.68M	-0.60M	-1.67M
Asset Writedown	-29.69M	—	—	—	-42.80M
Impairment of Goodwill	-50.00M	-35.00M	—	—	—
D&A For EBITDA	225.62M	228.12M	213.08M	181.36M	176.28M
Profitability & Returns
Gross Profit	0.85B	1.14B	1.24B	1.07B	0.74B
Gross Margin	+26.0%	+30.5%	+33.5%	+35.2%	+32.8%
EBIT	336.40M	619.61M	732.39M	632.38M	418.01M
EBIT Margin	+10.3%	+16.5%	+19.7%	+20.8%	+18.5%
EBITDA	562.02M	847.74M	945.47M	813.75M	594.29M
EBITDA Margin	+17.2%	+22.6%	+25.5%	+26.7%	+26.3%
EBT Excluding Unusual Items	252.20M	553.56M	727.50M	579.51M	341.91M
Pretax Income	171.24M	517.68M	729.50M	580.47M	305.89M
Operating Income	336.40M	619.61M	732.39M	632.38M	418.01M
Operating Margin	+10.3%	+16.5%	+19.7%	+20.8%	+18.5%
Profit Margin	+6.2%	+14.9%	+17.5%	+17.6%	+10.9%
Net Income	201.69M	559.62M	648.79M	537.02M	245.65M
Net Income to Common	201.69M	559.62M	648.79M	537.02M	245.65M
Net Income to Company	138.41M	512.21M	642.10M	514.15M	227.79M
Net Income Growth	-64.0%	-13.7%	+20.8%	+118.6%	-0.2%
Earnings From Continuing Ops.	138.41M	512.21M	642.10M	514.15M	227.79M
Minority Interest in Earnings	63.28M	47.41M	6.69M	22.87M	17.86M
Income Tax Expense	32.83M	5.47M	87.40M	66.33M	78.10M
Effective Tax Rate	+19.2%	+1.1%	+12.0%	+11.4%	+25.5%
Per Share & Capital
EPS (Basic)	2.52	7.00	8.11	6.71	3.07
EPS (Diluted)	2.52	7.00	8.11	6.71	3.07
EPS Growth	-64.0%	-13.7%	+20.8%	+118.6%	-0.2%
Shares Outstanding (Basic)	80.00M	80.00M	80.00M	80.00M	80.00M
Shares Outstanding (Diluted)	80.00M	80.00M	80.00M	80.00M	80.00M
Free Cash Flow	0.11B	-0.93B	0.27B	1.26B	-0.03B
Free Cash Flow Margin	+3.3%	-24.9%	+7.3%	+41.4%	-1.1%
Free Cash Flow Per Share	1.33	-11.65	3.39	15.77	-0.32
Supplemental
Other Unusual Items	393.18K	—	—	—	—