
Saudi Real Estate Company SJSC
SAU:4020

Income Statement
Earnings Waterfall
Saudi Real Estate Company SJSC
Revenue
|
1.9B
SAR
|
Cost of Revenue
|
-1.2B
SAR
|
Gross Profit
|
681.9m
SAR
|
Operating Expenses
|
-217.6m
SAR
|
Operating Income
|
464.2m
SAR
|
Other Expenses
|
-280.5m
SAR
|
Net Income
|
183.8m
SAR
|
Income Statement
Saudi Real Estate Company SJSC
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
263
N/A
|
341
+30%
|
345
+1%
|
348
+1%
|
351
+1%
|
279
-21%
|
284
+2%
|
290
+2%
|
297
+2%
|
314
+6%
|
320
+2%
|
324
+1%
|
327
+1%
|
315
-4%
|
317
+1%
|
321
+1%
|
310
-3%
|
297
-4%
|
289
-3%
|
350
+21%
|
369
+5%
|
338
-8%
|
436
+29%
|
388
-11%
|
432
+12%
|
553
+28%
|
638
+15%
|
705
+11%
|
714
+1%
|
1 029
+44%
|
1 128
+10%
|
1 553
+38%
|
1 797
+16%
|
2 051
+14%
|
2 162
+5%
|
1 930
-11%
|
1 934
+0%
|
1 814
-6%
|
1 849
+2%
|
1 876
+1%
|
1 920
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(79)
|
(88)
|
(89)
|
(91)
|
(91)
|
(84)
|
(85)
|
(87)
|
(95)
|
(98)
|
(102)
|
(104)
|
(103)
|
(105)
|
(105)
|
(104)
|
(109)
|
(111)
|
(112)
|
(149)
|
(160)
|
(166)
|
(218)
|
(214)
|
(258)
|
(368)
|
(450)
|
(494)
|
(501)
|
(681)
|
(763)
|
(1 116)
|
(1 319)
|
(1 595)
|
(1 645)
|
(1 510)
|
(1 496)
|
(1 253)
|
(1 287)
|
(1 225)
|
(1 238)
|
|
Gross Profit |
183
N/A
|
253
+38%
|
256
+1%
|
257
+0%
|
260
+1%
|
194
-25%
|
199
+2%
|
203
+2%
|
202
-1%
|
216
+7%
|
218
+1%
|
221
+1%
|
225
+2%
|
210
-6%
|
212
+1%
|
217
+3%
|
201
-8%
|
185
-8%
|
176
-5%
|
201
+14%
|
209
+4%
|
172
-18%
|
218
+27%
|
174
-20%
|
174
+0%
|
185
+6%
|
188
+1%
|
211
+12%
|
213
+1%
|
347
+63%
|
366
+5%
|
437
+20%
|
478
+9%
|
456
-4%
|
517
+13%
|
420
-19%
|
438
+4%
|
561
+28%
|
562
+0%
|
651
+16%
|
682
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(1)
|
(25)
|
(23)
|
(24)
|
(29)
|
(31)
|
(34)
|
(47)
|
(54)
|
(59)
|
(68)
|
(60)
|
(66)
|
(84)
|
(105)
|
(113)
|
(146)
|
(395)
|
(432)
|
(446)
|
(256)
|
(329)
|
(297)
|
(261)
|
(224)
|
(333)
|
(338)
|
(244)
|
(228)
|
(241)
|
(240)
|
(227)
|
(196)
|
(182)
|
(195)
|
(210)
|
(224)
|
(225)
|
(233)
|
(218)
|
|
Selling, General & Administrative |
(24)
|
(23)
|
(24)
|
(22)
|
(23)
|
(27)
|
(31)
|
(34)
|
(47)
|
(52)
|
(57)
|
(66)
|
(60)
|
(64)
|
(75)
|
(96)
|
(113)
|
(138)
|
(169)
|
(205)
|
(220)
|
(246)
|
(295)
|
(262)
|
(261)
|
(216)
|
(237)
|
(243)
|
(244)
|
(220)
|
(241)
|
(240)
|
(227)
|
(189)
|
(182)
|
(195)
|
(210)
|
(215)
|
(225)
|
(233)
|
(218)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(9)
|
(9)
|
0
|
0
|
(226)
|
(226)
|
(226)
|
0
|
(34)
|
(34)
|
0
|
0
|
(95)
|
(95)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
158
N/A
|
252
+60%
|
231
-8%
|
234
+1%
|
237
+1%
|
166
-30%
|
168
+1%
|
170
+1%
|
156
-8%
|
163
+5%
|
159
-2%
|
153
-4%
|
164
+7%
|
144
-12%
|
127
-12%
|
112
-12%
|
87
-22%
|
39
-55%
|
(219)
N/A
|
(231)
-5%
|
(237)
-3%
|
(85)
+64%
|
(111)
-31%
|
(123)
-11%
|
(87)
+29%
|
(39)
+56%
|
(145)
-273%
|
(127)
+12%
|
(31)
+75%
|
119
N/A
|
125
+5%
|
197
+58%
|
251
+27%
|
260
+3%
|
335
+29%
|
225
-33%
|
228
+1%
|
337
+48%
|
336
0%
|
418
+24%
|
464
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
(6)
|
(18)
|
(8)
|
(71)
|
(61)
|
(28)
|
(74)
|
(39)
|
(54)
|
(76)
|
11
|
20
|
45
|
59
|
10
|
4
|
16
|
19
|
17
|
16
|
(10)
|
(17)
|
14
|
15
|
(5)
|
(33)
|
(57)
|
(75)
|
(84)
|
(103)
|
(118)
|
(170)
|
(193)
|
(210)
|
(182)
|
(229)
|
(227)
|
(217)
|
|
Non-Reccuring Items |
0
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(11)
|
(9)
|
0
|
0
|
(0)
|
(226)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
(41)
|
(88)
|
0
|
0
|
(88)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
57
|
63
|
67
|
56
|
45
|
9
|
31
|
33
|
10
|
5
|
16
|
14
|
26
|
6
|
6
|
3
|
4
|
2
|
4
|
8
|
9
|
(69)
|
(71)
|
(72)
|
(81)
|
(16)
|
(3)
|
3
|
10
|
50
|
45
|
40
|
52
|
21
|
45
|
54
|
52
|
3
|
51
|
50
|
47
|
|
Pre-Tax Income |
215
N/A
|
292
+36%
|
298
+2%
|
284
-5%
|
263
-7%
|
166
-37%
|
128
-23%
|
142
+11%
|
138
-3%
|
91
-34%
|
136
+50%
|
113
-17%
|
103
-8%
|
152
+48%
|
153
+1%
|
160
+5%
|
149
-7%
|
(176)
N/A
|
(210)
-19%
|
(206)
+2%
|
(209)
-1%
|
(171)
+18%
|
(165)
+4%
|
(205)
-24%
|
(226)
-11%
|
(129)
+43%
|
(132)
-2%
|
(129)
+3%
|
(143)
-11%
|
112
N/A
|
95
-15%
|
153
+61%
|
200
+30%
|
163
-18%
|
210
+28%
|
85
-59%
|
71
-17%
|
158
+124%
|
159
+0%
|
241
+52%
|
293
+22%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(15)
|
(16)
|
(13)
|
(16)
|
(18)
|
(18)
|
(18)
|
(17)
|
(18)
|
(18)
|
(26)
|
(33)
|
(25)
|
(31)
|
(27)
|
(26)
|
(21)
|
(18)
|
(21)
|
(17)
|
(13)
|
(20)
|
(14)
|
(15)
|
(25)
|
(20)
|
(22)
|
(19)
|
(32)
|
(39)
|
(42)
|
(49)
|
(18)
|
(17)
|
(16)
|
(15)
|
(29)
|
(30)
|
(30)
|
(24)
|
|
Income from Continuing Operations |
205
|
276
|
282
|
271
|
248
|
148
|
109
|
124
|
122
|
73
|
119
|
86
|
71
|
128
|
123
|
134
|
123
|
(197)
|
(228)
|
(227)
|
(226)
|
(184)
|
(185)
|
(219)
|
(242)
|
(154)
|
(152)
|
(151)
|
(162)
|
81
|
56
|
111
|
151
|
145
|
193
|
69
|
56
|
129
|
129
|
212
|
270
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
3
|
4
|
5
|
4
|
3
|
5
|
14
|
19
|
28
|
22
|
12
|
11
|
3
|
8
|
18
|
13
|
4
|
(0)
|
(26)
|
(26)
|
(26)
|
(30)
|
(35)
|
(44)
|
(48)
|
(63)
|
(61)
|
(67)
|
(82)
|
(86)
|
|
Net Income (Common) |
205
N/A
|
276
+35%
|
282
+2%
|
271
-4%
|
248
-8%
|
148
-40%
|
109
-26%
|
124
+13%
|
122
-2%
|
74
-39%
|
119
+62%
|
89
-25%
|
74
-17%
|
132
+79%
|
127
-4%
|
136
+8%
|
127
-6%
|
(183)
N/A
|
(209)
-14%
|
(199)
+5%
|
(203)
-2%
|
(186)
+8%
|
(189)
-2%
|
(234)
-24%
|
(251)
-7%
|
(141)
+44%
|
(142)
-1%
|
(147)
-3%
|
(163)
-11%
|
55
N/A
|
30
-45%
|
84
+182%
|
121
+43%
|
111
-8%
|
149
+35%
|
21
-86%
|
(7)
N/A
|
68
N/A
|
62
-9%
|
130
+111%
|
184
+41%
|
|
EPS (Diluted) |
0.86
N/A
|
1.15
+34%
|
1.18
+3%
|
1.13
-4%
|
1.03
-9%
|
0.62
-40%
|
0.45
-27%
|
0.51
+13%
|
0.5
-2%
|
0.27
-46%
|
0.49
+81%
|
0.37
-24%
|
0.31
-16%
|
0.48
+55%
|
0.54
+13%
|
0.58
+7%
|
0.54
-7%
|
-0.66
N/A
|
-0.87
-32%
|
-0.83
+5%
|
-0.85
-2%
|
-0.67
+21%
|
-0.78
-16%
|
-0.97
-24%
|
-1.04
-7%
|
-0.49
+53%
|
-0.51
-4%
|
-0.53
-4%
|
-0.58
-9%
|
0.2
N/A
|
0.11
-45%
|
0.29
+164%
|
0.32
+10%
|
0.34
+6%
|
0.39
+15%
|
0.06
-85%
|
-0.02
N/A
|
0.18
N/A
|
0.16
-11%
|
0.35
+119%
|
0.49
+40%
|