Saudi Arabian Mining Company (Ma'aden) (1211.SR) — Income statement
Revenue, gross profit, operating income, net income, and EPS for Saudi Arabian Mining Company (Ma'aden) — annual and quarterly.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 38,578↑18.5% | 32,546↑11.2% | 29,272↓27.3% | 40,277↑50.5% | 26,769 | |
| Cost of Revenue | 24,768↑6.3% | 23,302↑4.2% | 22,358↓6.9% | 24,028↑36.4% | 17,614 | |
| Gross Profit | 13,809↑49.4% | 9,244↑33.7% | 6,914↓57.5% | 16,249↑77.5% | 9,155 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00↓100.0% | 0.24↑127.5% | 0.10↓96.1% | 3 | |
| General & Administrative Expenses | 1,210↓1.6% | 1,230↑3.2% | 1,191↑19.5% | 997↑77.7% | 561 | |
| Selling & Marketing Expenses | 942↑61.0% | 586↑3.7% | 565↓31.5% | 824↑51.1% | 545 | |
| SG&A Expenses | 2,152↑18.6% | 1,815↑3.4% | 1,756↓3.6% | 1,821↑64.6% | 1,107 | |
| Other Expenses | 1,432↑22.0% | 1,174↑3290.1% | -37↓104.1% | 888↑36.9% | 649 | |
| Operating Expenses | 3,584↑19.9% | 2,990↓3.5% | 3,097↑14.3% | 2,709↑54.4% | 1,755 | |
| Total Costs & Expenses | 28,225↑7.4% | 26,292↑3.3% | 25,456↓4.8% | 26,737↑38.0% | 19,369 | |
| Operating Results | ||||||
| Operating Income | 10,225↑63.5% | 6,255↑63.9% | 3,816↓71.8% | 13,537↑82.6% | 7,414 | |
| Depreciation & Amortization | 4,600↑2.2% | 4,503↓14.0% | 5,234↑4.5% | 5,010↑8.2% | 4,631 | |
| EBITDA | 14,825↑29.4% | 11,453↑17.3% | 9,764↓48.5% | 18,955↑57.9% | 12,001 | |
| EBIT | 10,225↑47.1% | 6,950↑53.4% | 4,530↓67.5% | 13,945↑89.2% | 7,370 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,393↑12.7% | -1,596↓9.8% | -1,453↓20.9% | -1,202↓6.8% | -1,126 | |
| Interest Income | 615↓22.2% | 791↑4.3% | 758↑172.5% | 278↑472.7% | 49 | |
| Interest Expense | 2,008↓15.9% | 2,386↑7.9% | 2,211↑49.4% | 1,480↑26.1% | 1,174 | |
| Non-Operating Income | -1,615↓132.1% | -696↑2.5% | -714↓74.8% | -408↓1044.5% | 43 | |
| Other Income / Expenses | -195↑87.6% | -1,568↓28.1% | -1,224↓135.8% | -519↓6.2% | -489 | |
| Income Before Tax | 10,030↑114.0% | 4,687↑80.8% | 2,592↓80.1% | 13,018↑88.0% | 6,925 | |
| Income Tax Expense | 1,502↑287.8% | 387↓26.0% | 524↓41.1% | 889↑100.6% | 443 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 8,528↑106.3% | 4,134↑99.9% | 2,068↓82.1% | 11,576↑101.2% | 5,753 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 7,348↑155.9% | 2,872↑82.1% | 1,577↓83.1% | 9,319↑78.3% | 5,228 | |
| Bottom-Line Net Income | 7,348↑155.9% | 2,872↑82.1% | 1,577↓83.1% | 9,319↑78.3% | 5,228 | |
| EPS (Basic) | 1.91↑144.9% | 0.78↑81.4% | 0.43↓82.9% | 2.52↑77.5% | 1.42 | |
| EPS (Diluted) | 1.91↑144.9% | 0.78↑81.4% | 0.43↓82.9% | 2.52↑77.5% | 1.42 | |
| Weighted Average Shares | 3,847↑4.2% | 3,691↓0.0% | 3,692↓0.0% | 3,692↑0.0% | 3,692 | |
| Weighted Average Diluted Shares | 3,847↑4.2% | 3,691↓0.0% | 3,692↓0.0% | 3,692↑0.0% | 3,692 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.