Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	1.97B	1.38B	1.03B	0.99B	0.96B
Cost of Revenue	1.42B	0.93B	0.67B	0.66B	0.67B
Gross Profit	552.88M	444.58M	356.96M	331.93M	299.01M
SG&A	205.92M	146.39M	108.56M	109.95M	88.05M
Operating Expenses	159.65M	122.74M	88.68M	100.66M	87.63M
Operating Income	393.22M	321.85M	268.28M	231.27M	211.38M
Interest Income	—	—	—	—	280.00K
Interest Expense	-71.76M	-36.83M	-9.34M	-1.93M	-2.18M
Other Income/Expense	-140.00K	—	—	—	-747.00K
Pretax Income	322.69M	285.01M	258.94M	228.23M	208.73M
Income Tax	11.00M	7.80M	6.93M	8.32M	6.29M
Net Income	314.64M	277.23M	252.01M	219.91M	202.45M
EBITDA	778.20M	617.62M	514.74M	444.41M	476.35M
EBIT	393.22M	321.85M	268.28M	231.27M	211.38M
EPS (Basic)	3.18	2.92	2.66	2.32	2.13
EPS (Diluted)	3.18	2.92	2.66	2.32	2.13
DPS	1.09	1.13	1.50	1.43	1.31
Margins & Efficiency
Gross Margin %	+28.0%	+32.3%	+34.8%	+33.6%	+31.0%
EBITDA Margin %	+39.5%	+44.8%	+50.2%	+45.0%	+49.4%
Net Margin %	+16.0%	+20.1%	+24.6%	+22.3%	+21.0%
Revenue & Income
Revenue	1.97B	1.38B	1.03B	0.99B	0.96B
Revenue Growth (YoY)	+43.0%	+34.4%	+3.7%	+2.4%	-7.5%
Interest & Investment Income	—	—	—	—	280.00K
Gain (Loss) on Sale of Assets	—	—	—	-1.11M	—
Expenses & Provisions
Advertising Expenses	16.66M	12.03M	4.26M	8.40M	4.39M
Cost of Revenue	1.42B	0.93B	0.67B	0.66B	0.67B
Selling, General & Admin	205.92M	146.39M	108.56M	109.95M	88.05M
Operating Expenses	159.65M	122.74M	88.68M	100.66M	87.63M
Other Operating Expenses	-57.44M	-34.77M	-31.41M	-21.29M	-14.60M
Interest Expense	-71.76M	-36.83M	-9.34M	-1.93M	-2.18M
Other Non Operating Income (Expenses)	-140.00K	—	—	—	-747.00K
D&A For EBITDA	384.98M	295.78M	246.46M	213.14M	264.97M
Profitability & Returns
Gross Profit	552.88M	444.58M	356.96M	331.93M	299.01M
Gross Margin	+28.0%	+32.3%	+34.8%	+33.6%	+31.0%
EBIT	393.22M	321.85M	268.28M	231.27M	211.38M
EBIT Margin	+19.9%	+23.4%	+26.2%	+23.4%	+21.9%
EBITDA	778.20M	617.62M	514.74M	444.41M	476.35M
EBITDA Margin	+39.5%	+44.8%	+50.2%	+45.0%	+49.4%
EBT Excluding Unusual Items	321.33M	285.01M	258.94M	229.34M	208.73M
Pretax Income	322.69M	285.01M	258.94M	228.23M	208.73M
Operating Income	393.22M	321.85M	268.28M	231.27M	211.38M
Operating Margin	+19.9%	+23.4%	+26.2%	+23.4%	+21.9%
Profit Margin	+16.0%	+20.1%	+24.6%	+22.3%	+21.0%
Net Income	314.64M	277.23M	252.01M	219.91M	202.45M
Net Income to Common	314.64M	277.23M	252.01M	219.91M	202.45M
Net Income Growth	+13.5%	+10.0%	+14.6%	+8.6%	+13.3%
Earnings From Continuing Ops.	311.69M	277.21M	252.01M	219.91M	202.45M
Minority Interest in Earnings	2.94M	0.02M	—	—	—
Income Tax Expense	11.00M	7.80M	6.93M	8.32M	6.29M
Effective Tax Rate	+3.4%	+2.7%	+2.7%	+3.6%	+3.0%
Per Share & Capital
EPS (Basic)	3.18	2.92	2.66	2.32	2.13
EPS (Diluted)	3.18	2.92	2.66	2.32	2.13
EPS Growth	+9.0%	+10.0%	+14.6%	+8.6%	+13.3%
Dividend Per Share	1.09	1.13	1.50	1.43	1.31
Shares Change (YoY)	0.04	—	—	—	—
Shares Outstanding (Basic)	98.80M	94.89M	94.89M	94.89M	94.89M
Shares Outstanding (Diluted)	98.80M	94.89M	94.89M	94.89M	94.89M
Dividend Growth	-3.3%	-25.0%	+5.3%	+8.6%	+75.0%
Free Cash Flow	41.10M	1.56M	-302.66M	123.56M	279.76M
Free Cash Flow Margin	+2.1%	+0.1%	-29.5%	+12.5%	+29.0%
Free Cash Flow Per Share	0.42	0.02	-3.19	1.30	2.95
Payout Ratio	+33.8%	+51.4%	+50.8%	+59.9%	+35.2%
Supplemental
Other Unusual Items	1.37M	—	—	—	—

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	1.97B	1.38B	1.03B	0.99B	0.96B
Cost of Revenue	1.42B	0.93B	0.67B	0.66B	0.67B
Gross Profit	552.88M	444.58M	356.96M	331.93M	299.01M
SG&A	205.92M	146.39M	108.56M	109.95M	88.05M
Operating Expenses	159.65M	122.74M	88.68M	100.66M	87.63M
Operating Income	393.22M	321.85M	268.28M	231.27M	211.38M
Interest Income	—	—	—	—	280.00K
Interest Expense	-71.76M	-36.83M	-9.34M	-1.93M	-2.18M
Other Income/Expense	-140.00K	—	—	—	-747.00K
Pretax Income	322.69M	285.01M	258.94M	228.23M	208.73M
Income Tax	11.00M	7.80M	6.93M	8.32M	6.29M
Net Income	314.64M	277.23M	252.01M	219.91M	202.45M
EBITDA	778.20M	617.62M	514.74M	444.41M	476.35M
EBIT	393.22M	321.85M	268.28M	231.27M	211.38M
EPS (Basic)	3.18	2.92	2.66	2.32	2.13
EPS (Diluted)	3.18	2.92	2.66	2.32	2.13
DPS	1.09	1.13	1.50	1.43	1.31
Margins & Efficiency
Gross Margin %	+28.0%	+32.3%	+34.8%	+33.6%	+31.0%
EBITDA Margin %	+39.5%	+44.8%	+50.2%	+45.0%	+49.4%
Net Margin %	+16.0%	+20.1%	+24.6%	+22.3%	+21.0%
Revenue & Income
Revenue	1.97B	1.38B	1.03B	0.99B	0.96B
Revenue Growth (YoY)	+43.0%	+34.4%	+3.7%	+2.4%	-7.5%
Interest & Investment Income	—	—	—	—	280.00K
Gain (Loss) on Sale of Assets	—	—	—	-1.11M	—
Expenses & Provisions
Advertising Expenses	16.66M	12.03M	4.26M	8.40M	4.39M
Cost of Revenue	1.42B	0.93B	0.67B	0.66B	0.67B
Selling, General & Admin	205.92M	146.39M	108.56M	109.95M	88.05M
Operating Expenses	159.65M	122.74M	88.68M	100.66M	87.63M
Other Operating Expenses	-57.44M	-34.77M	-31.41M	-21.29M	-14.60M
Interest Expense	-71.76M	-36.83M	-9.34M	-1.93M	-2.18M
Other Non Operating Income (Expenses)	-140.00K	—	—	—	-747.00K
D&A For EBITDA	384.98M	295.78M	246.46M	213.14M	264.97M
Profitability & Returns
Gross Profit	552.88M	444.58M	356.96M	331.93M	299.01M
Gross Margin	+28.0%	+32.3%	+34.8%	+33.6%	+31.0%
EBIT	393.22M	321.85M	268.28M	231.27M	211.38M
EBIT Margin	+19.9%	+23.4%	+26.2%	+23.4%	+21.9%
EBITDA	778.20M	617.62M	514.74M	444.41M	476.35M
EBITDA Margin	+39.5%	+44.8%	+50.2%	+45.0%	+49.4%
EBT Excluding Unusual Items	321.33M	285.01M	258.94M	229.34M	208.73M
Pretax Income	322.69M	285.01M	258.94M	228.23M	208.73M
Operating Income	393.22M	321.85M	268.28M	231.27M	211.38M
Operating Margin	+19.9%	+23.4%	+26.2%	+23.4%	+21.9%
Profit Margin	+16.0%	+20.1%	+24.6%	+22.3%	+21.0%
Net Income	314.64M	277.23M	252.01M	219.91M	202.45M
Net Income to Common	314.64M	277.23M	252.01M	219.91M	202.45M
Net Income Growth	+13.5%	+10.0%	+14.6%	+8.6%	+13.3%
Earnings From Continuing Ops.	311.69M	277.21M	252.01M	219.91M	202.45M
Minority Interest in Earnings	2.94M	0.02M	—	—	—
Income Tax Expense	11.00M	7.80M	6.93M	8.32M	6.29M
Effective Tax Rate	+3.4%	+2.7%	+2.7%	+3.6%	+3.0%
Per Share & Capital
EPS (Basic)	3.18	2.92	2.66	2.32	2.13
EPS (Diluted)	3.18	2.92	2.66	2.32	2.13
EPS Growth	+9.0%	+10.0%	+14.6%	+8.6%	+13.3%
Dividend Per Share	1.09	1.13	1.50	1.43	1.31
Shares Change (YoY)	0.04	—	—	—	—
Shares Outstanding (Basic)	98.80M	94.89M	94.89M	94.89M	94.89M
Shares Outstanding (Diluted)	98.80M	94.89M	94.89M	94.89M	94.89M
Dividend Growth	-3.3%	-25.0%	+5.3%	+8.6%	+75.0%
Free Cash Flow	41.10M	1.56M	-302.66M	123.56M	279.76M
Free Cash Flow Margin	+2.1%	+0.1%	-29.5%	+12.5%	+29.0%
Free Cash Flow Per Share	0.42	0.02	-3.19	1.30	2.95
Payout Ratio	+33.8%	+51.4%	+50.8%	+59.9%	+35.2%
Supplemental
Other Unusual Items	1.37M	—	—	—	—

Financials

Annual (SAR)

BUDGET SAUDI

Annual (SAR)