Emaar The Economic City (4220.SR) — Financial statements
Income statement, balance sheet, and cash flow for Emaar The Economic City — annual and quarterly history with growth and margin analysis.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,144↑168.6% | 426↓58.7% | 1,031↑183.9% | 363↓2.4% | 372 | |
| Cost of Revenue | 947↑74.0% | 545↓9.2% | 600↑3.3% | 581↑20.4% | 482 | |
| Gross Profit | 197↑266.3% | -119↓127.5% | 432↑298.4% | -218↓97.2% | -110 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 103↓9.8% | 115↓3.2% | 118↓50.4% | 239↑250.0% | 68 | |
| Selling & Marketing Expenses | 30↓28.0% | 42↑84.7% | 23↓37.7% | 37↓35.8% | 57 | |
| SG&A Expenses | 134↓14.7% | 157↑11.0% | 141↓48.7% | 275↑119.5% | 125 | |
| Other Expenses | 31↓63.5% | 85↑79.2% | 48↓81.9% | 264↓32.7% | 393 | |
| Operating Expenses | 165↓31.9% | 242↑28.3% | 189↓65.0% | 539↑4.1% | 518 | |
| Total Costs & Expenses | 1,112↑41.4% | 787↓0.2% | 789↓29.6% | 1,120↑12.0% | 1,000 | |
| Operating Results | ||||||
| Operating Income | 32↑108.9% | -361↓248.6% | 243↓69.4% | 795↑215.1% | -690 | |
| Depreciation & Amortization | 267↑5.7% | 252↓1.7% | 257↓78.3% | 1,183↑12.1% | 1,056 | |
| EBITDA | 826↑537.0% | -189↓135.7% | 529↑223.5% | -428↓27.4% | -336 | |
| EBIT | 559↑226.8% | -441↓262.0% | 272↑135.3% | -772↓36.4% | -566 | |
| Interest & Other Income | ||||||
| Net Interest Income | -529↑13.9% | -614↓33.1% | -461↓69.8% | -272↓34.1% | -203 | |
| Interest Income | 17↑488.7% | 3↓85.0% | 19↑15.8% | 17↓58.7% | 40 | |
| Interest Expense | 546↓11.5% | 617↑28.4% | 481↑68.0% | 286↑9861.4% | 3 | |
| Non-Operating Income | -527↓755.8% | 80↑371.2% | -30↓30.4% | -23↑46.8% | -43 | |
| Other Income / Expenses | -19↑97.3% | -698↓54.7% | -451↓71.3% | -263↓33.8% | -197 | |
| Income Before Tax | 13↑101.3% | -1,059↓408.4% | -208↑80.3% | -1,058↓32.8% | -796 | |
| Income Tax Expense | 22↓70.8% | 76↑69.0% | 45↓54.8% | 100↑221.0% | 31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -9↑99.2% | -1,135↓348.1% | -253↑78.1% | -1,157↓38.3% | -837 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -9↑99.2% | -1,135↓348.1% | -253↑78.1% | -1,157↓39.9% | -827 | |
| Bottom-Line Net Income | -9↑99.2% | -1,135↓348.1% | -253↑78.1% | -1,157↓38.3% | -837 | |
| EPS (Basic) | -0.02↑99.1% | -2.17↓354.8% | -0.48↑78.4% | -2.21↓14.6% | -1.93 | |
| EPS (Diluted) | -0.02↑99.1% | -2.17↓354.8% | -0.48↑78.4% | -2.21↓14.6% | -1.93 | |
| Weighted Average Shares | 450↓14.0% | 523↑0.2% | 522↑0.0% | 522↑22.5% | 427 | |
| Weighted Average Diluted Shares | 450↓14.0% | 523↑0.2% | 522↑0.0% | 522↑22.5% | 427 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.