Saudi Ground Services Co
SAU:4031
Income Statement
Earnings Waterfall
Saudi Ground Services Co
Revenue
|
2.5B
SAR
|
Cost of Revenue
|
-2B
SAR
|
Gross Profit
|
409m
SAR
|
Operating Expenses
|
-180.8m
SAR
|
Operating Income
|
228.2m
SAR
|
Other Expenses
|
-16.8m
SAR
|
Net Income
|
211.5m
SAR
|
Income Statement
Saudi Ground Services Co
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
2 541
N/A
|
2 604
+2%
|
2 685
+3%
|
2 766
+3%
|
2 727
-1%
|
2 685
-2%
|
2 652
-1%
|
2 608
-2%
|
2 586
-1%
|
2 564
-1%
|
2 564
+0%
|
2 568
+0%
|
2 554
-1%
|
2 541
0%
|
2 529
0%
|
2 512
-1%
|
2 540
+1%
|
2 443
-4%
|
1 910
-22%
|
1 494
-22%
|
1 252
-16%
|
1 113
-11%
|
1 372
+23%
|
1 525
+11%
|
1 608
+5%
|
1 660
+3%
|
1 781
+7%
|
1 915
+8%
|
1 977
+3%
|
2 116
+7%
|
2 247
+6%
|
2 338
+4%
|
2 459
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 703)
|
(1 666)
|
(1 719)
|
(1 769)
|
(1 802)
|
(1 795)
|
(1 767)
|
(1 747)
|
(1 711)
|
(1 731)
|
(1 789)
|
(1 853)
|
(1 870)
|
(1 865)
|
(1 848)
|
(1 806)
|
(1 844)
|
(1 829)
|
(1 620)
|
(1 406)
|
(1 273)
|
(1 163)
|
(1 282)
|
(1 368)
|
(1 413)
|
(1 475)
|
(1 554)
|
(1 698)
|
(1 818)
|
(1 904)
|
(1 985)
|
(2 004)
|
(2 050)
|
|
Gross Profit |
837
N/A
|
938
+12%
|
966
+3%
|
997
+3%
|
924
-7%
|
890
-4%
|
884
-1%
|
861
-3%
|
874
+2%
|
833
-5%
|
776
-7%
|
714
-8%
|
684
-4%
|
677
-1%
|
682
+1%
|
707
+4%
|
696
-1%
|
614
-12%
|
290
-53%
|
88
-70%
|
(21)
N/A
|
(51)
-145%
|
90
N/A
|
157
+75%
|
195
+24%
|
185
-5%
|
226
+22%
|
217
-4%
|
159
-27%
|
212
+33%
|
262
+24%
|
334
+27%
|
409
+22%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(242)
|
(220)
|
(234)
|
(245)
|
(249)
|
(261)
|
(328)
|
(336)
|
(382)
|
(382)
|
(333)
|
(345)
|
(313)
|
(307)
|
(298)
|
(288)
|
(266)
|
(312)
|
(310)
|
(326)
|
(383)
|
(359)
|
(367)
|
(366)
|
(369)
|
(363)
|
(353)
|
(334)
|
(280)
|
(271)
|
(255)
|
(243)
|
(181)
|
|
Selling, General & Administrative |
(184)
|
(239)
|
(248)
|
(253)
|
(217)
|
(261)
|
(328)
|
(336)
|
(352)
|
(383)
|
(334)
|
(346)
|
(283)
|
(307)
|
(299)
|
(295)
|
(222)
|
(312)
|
(310)
|
(319)
|
(346)
|
(362)
|
(371)
|
(373)
|
(333)
|
(370)
|
(365)
|
(348)
|
(262)
|
(301)
|
(289)
|
(284)
|
(195)
|
|
Depreciation & Amortization |
(58)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(42)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(38)
|
|
Other Operating Expenses |
0
|
20
|
14
|
9
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
0
|
0
|
8
|
0
|
(0)
|
(0)
|
(7)
|
2
|
3
|
3
|
6
|
6
|
7
|
13
|
14
|
26
|
30
|
34
|
41
|
52
|
|
Operating Income |
596
N/A
|
718
+21%
|
733
+2%
|
752
+3%
|
675
-10%
|
629
-7%
|
556
-12%
|
525
-6%
|
492
-6%
|
451
-8%
|
443
-2%
|
369
-17%
|
371
+1%
|
370
0%
|
383
+4%
|
419
+9%
|
430
+3%
|
302
-30%
|
(20)
N/A
|
(238)
-1 101%
|
(403)
-69%
|
(410)
-2%
|
(277)
+32%
|
(209)
+25%
|
(174)
+17%
|
(179)
-3%
|
(126)
+29%
|
(117)
+7%
|
(121)
-3%
|
(59)
+51%
|
7
N/A
|
91
+1 237%
|
228
+151%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
34
|
5
|
15
|
26
|
37
|
43
|
44
|
41
|
41
|
34
|
33
|
33
|
24
|
23
|
21
|
19
|
39
|
(4)
|
(5)
|
8
|
(19)
|
32
|
9
|
(2)
|
(40)
|
0
|
21
|
18
|
43
|
60
|
78
|
87
|
44
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
15
|
8
|
9
|
8
|
8
|
9
|
7
|
7
|
2
|
(0)
|
0
|
2
|
(1)
|
(3)
|
(2)
|
(4)
|
(1)
|
(0)
|
(0)
|
(3)
|
(5)
|
(15)
|
(21)
|
(25)
|
(4)
|
(26)
|
(28)
|
(28)
|
(1)
|
(26)
|
(28)
|
(25)
|
(2)
|
|
Pre-Tax Income |
644
N/A
|
731
+13%
|
756
+3%
|
786
+4%
|
720
-8%
|
681
-5%
|
607
-11%
|
572
-6%
|
535
-7%
|
486
-9%
|
476
-2%
|
404
-15%
|
395
-2%
|
391
-1%
|
402
+3%
|
434
+8%
|
454
+5%
|
297
-34%
|
(25)
N/A
|
(233)
-822%
|
(427)
-83%
|
(393)
+8%
|
(289)
+26%
|
(237)
+18%
|
(214)
+9%
|
(204)
+5%
|
(133)
+35%
|
(127)
+5%
|
(78)
+39%
|
(25)
+68%
|
56
N/A
|
153
+173%
|
271
+77%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(23)
|
(28)
|
(32)
|
(35)
|
(34)
|
(33)
|
(32)
|
(31)
|
(33)
|
(33)
|
(33)
|
(28)
|
(26)
|
(26)
|
(25)
|
(30)
|
(31)
|
(30)
|
(29)
|
(28)
|
(27)
|
(26)
|
(26)
|
(35)
|
(40)
|
(52)
|
(97)
|
(111)
|
(167)
|
(161)
|
(125)
|
(111)
|
(59)
|
|
Income from Continuing Operations |
621
|
702
|
724
|
751
|
686
|
649
|
575
|
542
|
502
|
453
|
444
|
376
|
368
|
366
|
377
|
405
|
423
|
268
|
(54)
|
(261)
|
(454)
|
(419)
|
(315)
|
(271)
|
(254)
|
(257)
|
(230)
|
(238)
|
(244)
|
(185)
|
(69)
|
42
|
211
|
|
Net Income (Common) |
621
N/A
|
702
+13%
|
724
+3%
|
751
+4%
|
686
-9%
|
649
-5%
|
575
-11%
|
542
-6%
|
502
-7%
|
453
-10%
|
444
-2%
|
376
-15%
|
368
-2%
|
366
-1%
|
377
+3%
|
405
+7%
|
423
+5%
|
268
-37%
|
(54)
N/A
|
(261)
-383%
|
(454)
-74%
|
(419)
+8%
|
(315)
+25%
|
(271)
+14%
|
(254)
+6%
|
(257)
-1%
|
(230)
+10%
|
(238)
-3%
|
(244)
-3%
|
(185)
+24%
|
(69)
+63%
|
42
N/A
|
211
+403%
|
|
EPS (Diluted) |
3.3
N/A
|
3.74
+13%
|
3.85
+3%
|
3.99
+4%
|
3.65
-9%
|
3.45
-5%
|
3.06
-11%
|
2.88
-6%
|
2.67
-7%
|
2.41
-10%
|
2.36
-2%
|
2
-15%
|
1.96
-2%
|
1.95
-1%
|
2.01
+3%
|
2.15
+7%
|
2.25
+5%
|
1.42
-37%
|
-0.29
N/A
|
-1.39
-379%
|
-2.42
-74%
|
-2.23
+8%
|
-1.67
+25%
|
-1.44
+14%
|
-1.35
+6%
|
-1.37
-1%
|
-1.23
+10%
|
-1.26
-2%
|
-1.3
-3%
|
-0.99
+24%
|
-0.37
+63%
|
0.22
N/A
|
1.12
+409%
|