Watani Iron Steel Co. (9513.SR) — Financial statements
Income statement, balance sheet, and cash flow for Watani Iron Steel Co. — annual and quarterly history with growth and margin analysis.
| Metric (SAR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 429↓22.5% | 553↑49.5% | 370↓37.9% | 596↓4.4% | 623 | |
| Cost of Revenue | 421↓19.1% | 520↑50.3% | 346↓34.1% | 524↓5.4% | 554 | |
| Gross Profit | 8↓75.9% | 34↑37.8% | 24↓65.8% | 71↑4.3% | 68 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3↑7.9% | 2↑21.9% | 2↓38.2% | 3↓6.2% | 3 | |
| Selling & Marketing Expenses | 0.28↓70.9% | 0.96↑362.2% | 0.21↑743.8% | 0.02↓59.6% | 0.06 | |
| SG&A Expenses | 3↓14.6% | 3↑54.4% | 2↓32.2% | 3↓7.2% | 3 | |
| Other Expenses | 16↑6.8% | 15↑25.2% | 12↓0.3% | 12↑14.0% | 10 | |
| Operating Expenses | 18↑2.8% | 18↑29.8% | 14↓7.2% | 15↑8.7% | 14 | |
| Total Costs & Expenses | 439↓18.3% | 538↑49.5% | 359↓33.3% | 539↓5.1% | 568 | |
| Operating Results | ||||||
| Operating Income | -10↓165.4% | 16↑48.3% | 11↓81.2% | 56↑3.2% | 55 | |
| Depreciation & Amortization | 17↓20.6% | 21↑4.7% | 20↑3.5% | 19↓2.6% | 20 | |
| EBITDA | 6↓82.9% | 36↑20.2% | 30↓60.8% | 77↑2.9% | 75 | |
| EBIT | -10↓166.6% | 15↑50.3% | 10↓82.2% | 58↑5.4% | 55 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6↑12.7% | -7↓0.0% | -7↑5.9% | -7↓4.2% | -7 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 7 | |
| Interest Expense | 6↓12.7% | 7↑0.0% | 7↓5.8% | 7↑7.7% | 7 | |
| Non-Operating Income | 0.00↓100.0% | 0.28↑164.6% | -0.43↑67.4% | -1↓681.6% | -0.17 | |
| Other Income / Expenses | -5↑19.2% | -6↑9.9% | -6↓8.4% | -6↑10.1% | -6 | |
| Income Before Tax | -15↓246.8% | 10↑131.4% | 4↓91.4% | 51↑5.3% | 48 | |
| Income Tax Expense | 0.00↓100.0% | 0.26↑96.0% | 0.13↓89.7% | 1↑4.0% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -15↓250.7% | 10↑132.5% | 4↓91.4% | 50↑5.3% | 47 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -15↓250.7% | 10↑132.5% | 4↓91.4% | 50↑5.3% | 47 | |
| Bottom-Line Net Income | -15↓250.7% | 10↑132.5% | 4↓91.4% | 50↑5.3% | 47 | |
| EPS (Basic) | -0.08↓247.3% | 0.05↑132.1% | 0.02↓91.3% | 0.27↑3.8% | 0.26 | |
| EPS (Diluted) | -0.08↓247.3% | 0.05↑132.1% | 0.02↓91.3% | 0.27↑3.8% | 0.26 | |
| Weighted Average Shares | 186↑2.3% | 182↑0.0% | 182↑0.0% | 182↑0.0% | 182 | |
| Weighted Average Diluted Shares | 186↑2.3% | 182↑0.0% | 182↓0.0% | 182↑0.0% | 182 | |
* All figures in Millions of SAR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.