Saudi Electricity Company (5110.SR) — Financial statements
Income statement, balance sheet, and cash flow for Saudi Electricity Company — annual and quarterly history with growth and margin analysis.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 102,218↑15.3% | 88,666↑17.7% | 75,330↑4.5% | 72,079↑4.0% | 69,338 | |
| Cost of Revenue | 81,432↑14.4% | 71,179↑19.0% | 59,809↑14.3% | 52,320↑7.2% | 48,796 | |
| Gross Profit | 20,786↑18.9% | 17,486↑12.7% | 15,521↓21.5% | 19,760↓3.8% | 20,542 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 8↑3.2% | 8↓33.6% | 12 | 0.00 | |
| General & Administrative Expenses | 670↑43.2% | 468↓69.8% | 1,552↑187.9% | 539↑163.6% | 204 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 121 | 0.00 | 0.00 | |
| SG&A Expenses | 670↑43.2% | 468↓72.0% | 1,673↑210.3% | 539↑163.6% | 204 | |
| Other Expenses | 1,035↓80.3% | 5,240↑1711.0% | -325↓114.0% | 2,322↓2.8% | 2,388 | |
| Operating Expenses | 1,705↓70.2% | 5,716↑321.6% | 1,356↓52.6% | 2,861↑10.3% | 2,593 | |
| Total Costs & Expenses | 83,137↑8.1% | 76,896↑25.7% | 61,164↑10.8% | 55,180↑7.4% | 51,389 | |
| Operating Results | ||||||
| Operating Income | 18,772↑59.5% | 11,770↓16.9% | 14,166↓21.2% | 17,986↑2.4% | 17,561 | |
| Depreciation & Amortization | 22,614↑8.9% | 20,765↑6.8% | 19,450↑0.7% | 19,318↓2.3% | 19,765 | |
| EBITDA | 41,386↑25.9% | 32,863↓2.4% | 33,656↓9.5% | 37,203↓0.1% | 37,239 | |
| EBIT | 18,772↑55.2% | 12,097↓14.8% | 14,205↓20.6% | 17,885↑2.4% | 17,474 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5,413↓11.6% | -4,850↓32.8% | -3,651↓36.2% | -2,681↓9.9% | -2,439 | |
| Interest Income | 121↓37.6% | 193↓37.7% | 310↑406.7% | 61↑87.3% | 33 | |
| Interest Expense | 5,534↑9.7% | 5,043↑27.3% | 3,961↑44.5% | 2,742↑10.9% | 2,472 | |
| Non-Operating Income | 0.00↑100.0% | -327↓725.4% | -40↓139.3% | 101↑15.5% | 87 | |
| Other Income / Expenses | -5,447↓15.5% | -4,716↓32.2% | -3,567↓50.3% | -2,373↑7.6% | -2,569 | |
| Income Before Tax | 13,325↑88.9% | 7,054↓33.4% | 10,598↓32.1% | 15,613↑4.1% | 14,992 | |
| Income Tax Expense | 350↑86.7% | 187↓46.3% | 349↓16.2% | 417↓8.6% | 456 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 12,975↑88.9% | 6,867↓33.0% | 10,249↓32.6% | 15,196↑4.5% | 14,536 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 12,975↑774.0% | -1,925↓118.8% | 10,249↓32.3% | 15,135↑5.2% | 14,391 | |
| Bottom-Line Net Income | 12,975↑774.0% | -1,925↓174.4% | 2,588↓65.4% | 7,474↑11.1% | 6,729 | |
| EPS (Basic) | 3.11↑776.1% | -0.46↓174.2% | 0.62↓82.9% | 3.63↑5.2% | 3.45 | |
| EPS (Diluted) | 3.11↑776.1% | -0.46↓174.2% | 0.62↓82.9% | 3.63↑5.2% | 3.45 | |
| Weighted Average Shares | 4,167↑0.0% | 4,166↓0.0% | 4,167↑0.0% | 4,167↑0.0% | 4,167 | |
| Weighted Average Diluted Shares | 4,167↑0.0% | 4,166↓0.0% | 4,167↑0.0% | 4,167↑0.0% | 4,167 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.