HORIZON EDUCATIONAL

Horizon Educational Company

9603StocksTadawulConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Jun 30, 2025	2024Jun 30, 2024	2023Jun 30, 2023	2022Jun 30, 2022
Operating Summary
Revenue	40.77M	42.10M	36.76M	32.32M
Cost of Revenue	27.21M	27.61M	23.13M	20.67M
Gross Profit	13.56M	14.49M	13.63M	11.65M
SG&A	4.14M	4.41M	2.86M	2.10M
Operating Expenses	4.37M	4.41M	5.17M	4.42M
Operating Income	9.19M	10.08M	8.47M	7.23M
Interest Income	1.14M	0.12M	—	—
Interest Expense	-1.19M	-0.28M	—	—
Other Income/Expense	416.42K	654.19K	739.04K	357.54K
Pretax Income	10.25M	10.57M	9.21M	7.58M
Income Tax	304.83K	337.40K	271.26K	440.52K
Net Income	9.94M	10.23M	8.94M	7.14M
EBITDA	11.87M	12.62M	10.77M	9.55M
EBIT	9.19M	10.08M	8.47M	7.23M
EPS (Basic)	4.29	4.54	4.47	3.57
EPS (Diluted)	4.29	4.54	4.47	3.57
Margins & Efficiency
Gross Margin %	+33.3%	+34.4%	+37.1%	+36.0%
EBITDA Margin %	+29.1%	+30.0%	+29.3%	+29.5%
Net Margin %	+24.4%	+24.3%	+24.3%	+22.1%
Revenue & Income
Revenue	40.77M	42.10M	36.76M	32.32M
Revenue Growth (YoY)	-3.2%	+14.5%	+13.7%	—
Interest & Investment Income	1.14M	0.12M	—	—
Gain (Loss) on Sale of Assets	700.00K	—	—	—
Expenses & Provisions
Advertising Expenses	—	—	114.98K	104.73K
Cost of Revenue	27.21M	27.61M	23.13M	20.67M
Selling, General & Admin	4.14M	4.41M	2.86M	2.10M
Operating Expenses	4.37M	4.41M	5.17M	4.42M
Interest Expense	-1.19M	-0.28M	—	—
Other Non Operating Income (Expenses)	416.42K	654.19K	739.04K	357.54K
D&A For EBITDA	2.68M	2.54M	2.30M	2.32M
Profitability & Returns
Gross Profit	13.56M	14.49M	13.63M	11.65M
Gross Margin	+33.3%	+34.4%	+37.1%	+36.0%
EBIT	9.19M	10.08M	8.47M	7.23M
EBIT Margin	+22.5%	+24.0%	+23.0%	+22.4%
EBITDA	11.87M	12.62M	10.77M	9.55M
EBITDA Margin	+29.1%	+30.0%	+29.3%	+29.5%
EBT Excluding Unusual Items	9.55M	10.57M	9.21M	7.58M
Pretax Income	10.25M	10.57M	9.21M	7.58M
Operating Income	9.19M	10.08M	8.47M	7.23M
Operating Margin	+22.5%	+24.0%	+23.0%	+22.4%
Profit Margin	+24.4%	+24.3%	+24.3%	+22.1%
Net Income	9.94M	10.23M	8.94M	7.14M
Net Income to Common	9.94M	10.23M	8.94M	7.14M
Net Income Growth	-2.8%	+14.5%	+25.1%	—
Income Tax Expense	304.83K	337.40K	271.26K	440.52K
Effective Tax Rate	+3.0%	+3.2%	+2.9%	+5.8%
Per Share & Capital
EPS (Basic)	4.29	4.54	4.47	3.57
EPS (Diluted)	4.29	4.54	4.47	3.57
EPS Growth	-5.4%	+1.5%	+25.1%	—
Shares Change (YoY)	0.03	0.13	—	—
Shares Outstanding (Basic)	2.32M	2.26M	2.00M	2.00M
Shares Outstanding (Diluted)	2.32M	2.26M	2.00M	2.00M
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Free Cash Flow Margin	-36.8%	+19.8%	+26.3%	+24.0%
Free Cash Flow Per Share	-6.48	3.70	4.83	3.87
Payout Ratio	+75.4%	+87.9%	+100.7%	+88.2%

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Jun 30, 2025	2024Jun 30, 2024	2023Jun 30, 2023	2022Jun 30, 2022
Operating Summary
Revenue	40.77M	42.10M	36.76M	32.32M
Cost of Revenue	27.21M	27.61M	23.13M	20.67M
Gross Profit	13.56M	14.49M	13.63M	11.65M
SG&A	4.14M	4.41M	2.86M	2.10M
Operating Expenses	4.37M	4.41M	5.17M	4.42M
Operating Income	9.19M	10.08M	8.47M	7.23M
Interest Income	1.14M	0.12M	—	—
Interest Expense	-1.19M	-0.28M	—	—
Other Income/Expense	416.42K	654.19K	739.04K	357.54K
Pretax Income	10.25M	10.57M	9.21M	7.58M
Income Tax	304.83K	337.40K	271.26K	440.52K
Net Income	9.94M	10.23M	8.94M	7.14M
EBITDA	11.87M	12.62M	10.77M	9.55M
EBIT	9.19M	10.08M	8.47M	7.23M
EPS (Basic)	4.29	4.54	4.47	3.57
EPS (Diluted)	4.29	4.54	4.47	3.57
Margins & Efficiency
Gross Margin %	+33.3%	+34.4%	+37.1%	+36.0%
EBITDA Margin %	+29.1%	+30.0%	+29.3%	+29.5%
Net Margin %	+24.4%	+24.3%	+24.3%	+22.1%
Revenue & Income
Revenue	40.77M	42.10M	36.76M	32.32M
Revenue Growth (YoY)	-3.2%	+14.5%	+13.7%	—
Interest & Investment Income	1.14M	0.12M	—	—
Gain (Loss) on Sale of Assets	700.00K	—	—	—
Expenses & Provisions
Advertising Expenses	—	—	114.98K	104.73K
Cost of Revenue	27.21M	27.61M	23.13M	20.67M
Selling, General & Admin	4.14M	4.41M	2.86M	2.10M
Operating Expenses	4.37M	4.41M	5.17M	4.42M
Interest Expense	-1.19M	-0.28M	—	—
Other Non Operating Income (Expenses)	416.42K	654.19K	739.04K	357.54K
D&A For EBITDA	2.68M	2.54M	2.30M	2.32M
Profitability & Returns
Gross Profit	13.56M	14.49M	13.63M	11.65M
Gross Margin	+33.3%	+34.4%	+37.1%	+36.0%
EBIT	9.19M	10.08M	8.47M	7.23M
EBIT Margin	+22.5%	+24.0%	+23.0%	+22.4%
EBITDA	11.87M	12.62M	10.77M	9.55M
EBITDA Margin	+29.1%	+30.0%	+29.3%	+29.5%
EBT Excluding Unusual Items	9.55M	10.57M	9.21M	7.58M
Pretax Income	10.25M	10.57M	9.21M	7.58M
Operating Income	9.19M	10.08M	8.47M	7.23M
Operating Margin	+22.5%	+24.0%	+23.0%	+22.4%
Profit Margin	+24.4%	+24.3%	+24.3%	+22.1%
Net Income	9.94M	10.23M	8.94M	7.14M
Net Income to Common	9.94M	10.23M	8.94M	7.14M
Net Income Growth	-2.8%	+14.5%	+25.1%	—
Income Tax Expense	304.83K	337.40K	271.26K	440.52K
Effective Tax Rate	+3.0%	+3.2%	+2.9%	+5.8%
Per Share & Capital
EPS (Basic)	4.29	4.54	4.47	3.57
EPS (Diluted)	4.29	4.54	4.47	3.57
EPS Growth	-5.4%	+1.5%	+25.1%	—
Shares Change (YoY)	0.03	0.13	—	—
Shares Outstanding (Basic)	2.32M	2.26M	2.00M	2.00M
Shares Outstanding (Diluted)	2.32M	2.26M	2.00M	2.00M
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Free Cash Flow Margin	-36.8%	+19.8%	+26.3%	+24.0%
Free Cash Flow Per Share	-6.48	3.70	4.83	3.87
Payout Ratio	+75.4%	+87.9%	+100.7%	+88.2%