Etihad Etisalat Company (7020.SR) — Financial statements
Income statement, balance sheet, and cash flow for Etihad Etisalat Company — annual and quarterly history with growth and margin analysis.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 19,642↑7.9% | 18,206↑8.6% | 16,763↑7.0% | 15,669↑5.6% | 14,834 | |
| Cost of Revenue | 8,901↑7.1% | 8,312↑13.7% | 7,311↑15.9% | 6,306↑2.3% | 6,163 | |
| Gross Profit | 10,741↑8.6% | 9,894↑4.7% | 9,452↑0.9% | 9,363↑8.0% | 8,672 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 395↑109.5% | 188↓84.0% | 1,175↑61.1% | 729↑8.7% | 671 | |
| Selling & Marketing Expenses | 893↑12.0% | 797↓45.7% | 1,467↑96.0% | 749↑9.5% | 683 | |
| SG&A Expenses | 1,288↑30.7% | 985↓65.1% | 2,827↑91.3% | 1,478↑9.1% | 1,354 | |
| Other Expenses | 5,606↑4.2% | 5,378↑47.5% | 3,647↓33.2% | 5,462↓0.8% | 5,507 | |
| Operating Expenses | 6,894↑8.3% | 6,364↓1.7% | 6,475↓6.7% | 6,940↑1.2% | 6,861 | |
| Total Costs & Expenses | 15,795↑7.6% | 14,676↑6.5% | 13,785↑4.1% | 13,246↑1.7% | 13,024 | |
| Operating Results | ||||||
| Operating Income | 3,847↑9.0% | 3,530↑18.6% | 2,977↑28.9% | 2,310↑38.5% | 1,668 | |
| Depreciation & Amortization | 3,780↑3.2% | 3,664↑0.5% | 3,647↓5.3% | 3,851↓1.9% | 3,927 | |
| EBITDA | 7,627↑2.7% | 7,429↑10.0% | 6,756↑8.8% | 6,208↑11.2% | 5,581 | |
| EBIT | 3,847↑1.5% | 3,790↑21.7% | 3,113↑33.7% | 2,328↑42.4% | 1,635 | |
| Interest & Other Income | ||||||
| Net Interest Income | -472↓1.9% | -463↑11.9% | -526↑6.2% | -561↓12.3% | -500 | |
| Interest Income | 203↑33.4% | 152↑10.1% | 138↑199.9% | 46↑785.1% | 5 | |
| Interest Expense | 675↑9.7% | 615↓7.4% | 664↑9.4% | 607↑20.2% | 505 | |
| Non-Operating Income | 0.00↑100.0% | -259↓90.3% | -136 | 0.00↓100.0% | 19 | |
| Other Income / Expenses | -291↑13.9% | -337↑36.1% | -528↑3.9% | -549↓9.2% | -503 | |
| Income Before Tax | 3,556↑11.4% | 3,193↑30.4% | 2,449↑37.7% | 1,779↑54.8% | 1,149 | |
| Income Tax Expense | 90↑4.4% | 86↓60.3% | 217↑78.3% | 122↑56.6% | 78 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,466↑11.6% | 3,107↑39.2% | 2,232↑37.0% | 1,629↑52.0% | 1,072 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,466↑11.6% | 3,107↑39.2% | 2,232↑34.7% | 1,657↑54.6% | 1,072 | |
| Bottom-Line Net Income | 3,466↑11.6% | 3,107↑39.2% | 2,232↑34.7% | 1,657↑54.6% | 1,072 | |
| EPS (Basic) | 4.51↑11.9% | 4.03↑39.0% | 2.90↑34.9% | 2.15↑54.7% | 1.39 | |
| EPS (Diluted) | 4.51↑11.9% | 4.03↑39.0% | 2.90↑34.9% | 2.15↑54.7% | 1.39 | |
| Weighted Average Shares | 769↓0.2% | 770↑0.0% | 770↑0.0% | 770↑0.0% | 770 | |
| Weighted Average Diluted Shares | 769↓0.2% | 770↑0.0% | 770↑0.0% | 770↑0.0% | 770 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.