RED SEA

Red Sea International Co.

4230StocksTadawulIndustrials

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	2.98B	1.38B	0.40B	0.47B	0.53B
Cost of Revenue	2.64B	1.27B	0.46B	0.50B	0.56B
Gross Profit	347.05M	109.60M	-56.60M	-28.34M	-28.35M
SG&A	236.24M	95.62M	84.41M	81.04M	101.97M
Operating Expenses	274.25M	103.23M	129.48M	81.04M	101.97M
Operating Income	72.80M	6.37M	-186.07M	-109.38M	-130.32M
Interest Income	161.00K	530.00K	33.00K	58.00K	350.00K
Interest Expense	-27.64M	-11.25M	-3.56M	-7.70M	-9.65M
Other Income/Expense	0.20M	1.11M	9.75M	-0.35M	-1.65M
Pretax Income	43.32M	-6.35M	-187.01M	-120.47M	-153.46M
Income Tax	26.39M	3.34M	2.50M	11.90M	8.66M
Net Income	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
EBITDA	231.36M	91.28M	-129.56M	-45.17M	-61.27M
EBIT	72.80M	6.37M	-186.07M	-109.38M	-130.32M
EPS (Basic)	-2.06	-1.59	-6.49	-4.31	-5.24
EPS (Diluted)	-2.06	-1.59	-6.49	-4.31	-5.24
Margins & Efficiency
Gross Margin %	+11.6%	+8.0%	-14.0%	-6.1%	-5.3%
EBITDA Margin %	+7.8%	+6.6%	-32.1%	-9.6%	-11.5%
Net Margin %	-2.1%	-3.5%	-48.5%	-27.9%	-29.7%
Revenue & Income
Revenue	2.98B	1.38B	0.40B	0.47B	0.53B
Revenue Growth (YoY)	+116.5%	+241.0%	-13.7%	-12.2%	-12.0%
Interest & Investment Income	161.00K	530.00K	33.00K	58.00K	350.00K
Earnings From Equity Investments	—	—	-0.62M	-2.23M	-2.45M
Gain (Loss) on Sale of Assets	0.99M	-1.55M	1.94M	-0.04M	-0.21M
Gain (Loss) on Sale of Investments	—	—	-7.31M	—	—
Currency Exchange Gain (Loss)	-0.53M	-1.56M	-1.18M	-0.83M	-1.30M
Expenses & Provisions
Cost of Revenue	2.64B	1.27B	0.46B	0.50B	0.56B
Selling, General & Admin	236.24M	95.62M	84.41M	81.04M	101.97M
Operating Expenses	274.25M	103.23M	129.48M	81.04M	101.97M
Interest Expense	-27.64M	-11.25M	-3.56M	-7.70M	-9.65M
Other Non Operating Income (Expenses)	0.20M	1.11M	9.75M	-0.35M	-1.65M
Asset Writedown	-2.67M	—	—	—	-6.83M
Impairment of Goodwill	—	—	—	—	-1.40M
D&A For EBITDA	158.56M	84.92M	56.51M	64.21M	69.04M
Profitability & Returns
Gross Profit	347.05M	109.60M	-56.60M	-28.34M	-28.35M
Gross Margin	+11.6%	+8.0%	-14.0%	-6.1%	-5.3%
EBIT	72.80M	6.37M	-186.07M	-109.38M	-130.32M
EBIT Margin	+2.4%	+0.5%	-46.0%	-23.4%	-24.4%
EBITDA	231.36M	91.28M	-129.56M	-45.17M	-61.27M
EBITDA Margin	+7.8%	+6.6%	-32.1%	-9.6%	-11.5%
EBT Excluding Unusual Items	44.99M	-4.80M	-181.65M	-120.42M	-145.02M
Pretax Income	43.32M	-6.35M	-187.01M	-120.47M	-153.46M
Operating Income	72.80M	6.37M	-186.07M	-109.38M	-130.32M
Operating Margin	+2.4%	+0.5%	-46.0%	-23.4%	-24.4%
Profit Margin	-2.1%	-3.5%	-48.5%	-27.9%	-29.7%
Net Income	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
Net Income to Common	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
Net Income to Company	4.06M	-23.13M	-197.77M	-132.37M	-161.95M
Earnings From Continuing Ops.	16.93M	-9.68M	-189.51M	-132.37M	-162.13M
Earnings From Discontinued Ops.	-12.87M	-13.45M	-8.26M	—	0.18M
Minority Interest in Earnings	-66.43M	-24.88M	1.64M	1.93M	3.62M
Income Tax Expense	26.39M	3.34M	2.50M	11.90M	8.66M
Effective Tax Rate	+60.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	-2.06	-1.59	-6.49	-4.31	-5.24
EPS (Diluted)	-2.06	-1.59	-6.49	-4.31	-5.24
Shares Change (YoY)	—	—	—	-0	—
Shares Outstanding (Basic)	30.23M	30.23M	30.23M	30.23M	30.23M
Shares Outstanding (Diluted)	30.23M	30.23M	30.23M	30.23M	30.23M
Free Cash Flow	-82.07M	9.50M	9.32M	-11.16M	51.82M
Free Cash Flow Margin	-2.8%	+0.7%	+2.3%	-2.4%	+9.7%
Free Cash Flow Per Share	-2.72	0.31	0.31	-0.37	1.71

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	2.98B	1.38B	0.40B	0.47B	0.53B
Cost of Revenue	2.64B	1.27B	0.46B	0.50B	0.56B
Gross Profit	347.05M	109.60M	-56.60M	-28.34M	-28.35M
SG&A	236.24M	95.62M	84.41M	81.04M	101.97M
Operating Expenses	274.25M	103.23M	129.48M	81.04M	101.97M
Operating Income	72.80M	6.37M	-186.07M	-109.38M	-130.32M
Interest Income	161.00K	530.00K	33.00K	58.00K	350.00K
Interest Expense	-27.64M	-11.25M	-3.56M	-7.70M	-9.65M
Other Income/Expense	0.20M	1.11M	9.75M	-0.35M	-1.65M
Pretax Income	43.32M	-6.35M	-187.01M	-120.47M	-153.46M
Income Tax	26.39M	3.34M	2.50M	11.90M	8.66M
Net Income	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
EBITDA	231.36M	91.28M	-129.56M	-45.17M	-61.27M
EBIT	72.80M	6.37M	-186.07M	-109.38M	-130.32M
EPS (Basic)	-2.06	-1.59	-6.49	-4.31	-5.24
EPS (Diluted)	-2.06	-1.59	-6.49	-4.31	-5.24
Margins & Efficiency
Gross Margin %	+11.6%	+8.0%	-14.0%	-6.1%	-5.3%
EBITDA Margin %	+7.8%	+6.6%	-32.1%	-9.6%	-11.5%
Net Margin %	-2.1%	-3.5%	-48.5%	-27.9%	-29.7%
Revenue & Income
Revenue	2.98B	1.38B	0.40B	0.47B	0.53B
Revenue Growth (YoY)	+116.5%	+241.0%	-13.7%	-12.2%	-12.0%
Interest & Investment Income	161.00K	530.00K	33.00K	58.00K	350.00K
Earnings From Equity Investments	—	—	-0.62M	-2.23M	-2.45M
Gain (Loss) on Sale of Assets	0.99M	-1.55M	1.94M	-0.04M	-0.21M
Gain (Loss) on Sale of Investments	—	—	-7.31M	—	—
Currency Exchange Gain (Loss)	-0.53M	-1.56M	-1.18M	-0.83M	-1.30M
Expenses & Provisions
Cost of Revenue	2.64B	1.27B	0.46B	0.50B	0.56B
Selling, General & Admin	236.24M	95.62M	84.41M	81.04M	101.97M
Operating Expenses	274.25M	103.23M	129.48M	81.04M	101.97M
Interest Expense	-27.64M	-11.25M	-3.56M	-7.70M	-9.65M
Other Non Operating Income (Expenses)	0.20M	1.11M	9.75M	-0.35M	-1.65M
Asset Writedown	-2.67M	—	—	—	-6.83M
Impairment of Goodwill	—	—	—	—	-1.40M
D&A For EBITDA	158.56M	84.92M	56.51M	64.21M	69.04M
Profitability & Returns
Gross Profit	347.05M	109.60M	-56.60M	-28.34M	-28.35M
Gross Margin	+11.6%	+8.0%	-14.0%	-6.1%	-5.3%
EBIT	72.80M	6.37M	-186.07M	-109.38M	-130.32M
EBIT Margin	+2.4%	+0.5%	-46.0%	-23.4%	-24.4%
EBITDA	231.36M	91.28M	-129.56M	-45.17M	-61.27M
EBITDA Margin	+7.8%	+6.6%	-32.1%	-9.6%	-11.5%
EBT Excluding Unusual Items	44.99M	-4.80M	-181.65M	-120.42M	-145.02M
Pretax Income	43.32M	-6.35M	-187.01M	-120.47M	-153.46M
Operating Income	72.80M	6.37M	-186.07M	-109.38M	-130.32M
Operating Margin	+2.4%	+0.5%	-46.0%	-23.4%	-24.4%
Profit Margin	-2.1%	-3.5%	-48.5%	-27.9%	-29.7%
Net Income	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
Net Income to Common	-62.37M	-48.02M	-196.13M	-130.44M	-158.32M
Net Income to Company	4.06M	-23.13M	-197.77M	-132.37M	-161.95M
Earnings From Continuing Ops.	16.93M	-9.68M	-189.51M	-132.37M	-162.13M
Earnings From Discontinued Ops.	-12.87M	-13.45M	-8.26M	—	0.18M
Minority Interest in Earnings	-66.43M	-24.88M	1.64M	1.93M	3.62M
Income Tax Expense	26.39M	3.34M	2.50M	11.90M	8.66M
Effective Tax Rate	+60.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	-2.06	-1.59	-6.49	-4.31	-5.24
EPS (Diluted)	-2.06	-1.59	-6.49	-4.31	-5.24
Shares Change (YoY)	—	—	—	-0	—
Shares Outstanding (Basic)	30.23M	30.23M	30.23M	30.23M	30.23M
Shares Outstanding (Diluted)	30.23M	30.23M	30.23M	30.23M	30.23M
Free Cash Flow	-82.07M	9.50M	9.32M	-11.16M	51.82M
Free Cash Flow Margin	-2.8%	+0.7%	+2.3%	-2.4%	+9.7%
Free Cash Flow Per Share	-2.72	0.31	0.31	-0.37	1.71