First Milling Co. (2283.SR) — Financial statements
Income statement, balance sheet, and cash flow for First Milling Co. — annual and quarterly history with growth and margin analysis.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,146↑9.3% | 1,049↑8.8% | 964↑5.5% | 914↑14.1% | 801 | |
| Cost of Revenue | 664↑12.2% | 592↑6.1% | 558↑8.1% | 516↑9.8% | 470 | |
| Gross Profit | 482↑5.5% | 457↑12.4% | 407↑2.2% | 398↑20.0% | 331 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 23↓4.6% | 24↑14.3% | 21↓45.9% | 39↑13.8% | 34 | |
| Selling & Marketing Expenses | 42↑26.3% | 33↑22.9% | 27↑10.1% | 25↑213.3% | 8 | |
| SG&A Expenses | 65↑13.4% | 57↑19.2% | 48↓24.1% | 63↑51.3% | 42 | |
| Other Expenses | 78↓4.6% | 81 | 0.00↓100.0% | 0.27↓83.2% | 2 | |
| Operating Expenses | 143↑2.8% | 139↑9.8% | 126↓8.6% | 138↑23.6% | 112 | |
| Total Costs & Expenses | 807↑10.4% | 730↑7.8% | 677↑3.6% | 654↑12.5% | 581 | |
| Operating Results | ||||||
| Operating Income | 340↑6.7% | 318↑11.0% | 287↑12.3% | 256↑19.8% | 213 | |
| Depreciation & Amortization | 62↑12.0% | 56↑15.6% | 48↓6.5% | 52↑18.2% | 44 | |
| EBITDA | 402↓0.2% | 403↑10.2% | 366↑18.6% | 308↑19.2% | 259 | |
| EBIT | 340↓2.1% | 347↑9.2% | 317↑23.6% | 257↑19.4% | 215 | |
| Interest & Other Income | ||||||
| Net Interest Income | -71↑18.8% | -88↑0.2% | -88↓143.4% | -36↓208.5% | -12 | |
| Interest Income | 3↑35.4% | 2↓64.6% | 6↑735.6% | 0.69↑532.1% | 0.11 | |
| Interest Expense | 74↓17.6% | 90↓3.8% | 93↑153.6% | 37↑211.5% | 12 | |
| Non-Operating Income | 0.00↑100.0% | -28↑7.1% | -31↓2528.3% | -1↑33.1% | -2 | |
| Other Income / Expenses | -55↑10.5% | -61↓1.1% | -61↓90.4% | -32↓216.4% | -10 | |
| Income Before Tax | 285↑10.8% | 257↑13.6% | 226↑1.1% | 224↑10.1% | 203 | |
| Income Tax Expense | 7↑13.6% | 6↑2.5% | 6↓3.7% | 6↑31.2% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 278↑10.7% | 251↑13.9% | 220↑1.3% | 217↑9.6% | 198 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 277↑10.6% | 251↑13.9% | 220↑1.3% | 217↑9.6% | 198 | |
| Bottom-Line Net Income | 277↑10.6% | 251↑13.9% | 220↑1.3% | 217↑9.6% | 198 | |
| EPS (Basic) | 4.99↑10.2% | 4.53↑14.1% | 3.97↑1.3% | 3.92↑9.5% | 3.58 | |
| EPS (Diluted) | 4.99↑10.9% | 4.50↑13.9% | 3.95↑0.8% | 3.92↑9.5% | 3.58 | |
| Weighted Average Shares | 56↑0.3% | 55↓0.1% | 56↑0.0% | 56↑0.0% | 56 | |
| Weighted Average Diluted Shares | 56↓0.2% | 56↓0.1% | 56↑0.5% | 56↑0.0% | 56 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.