9603.SR | Horizon Educational Co. Annual & Quarterly

Annual Income Statements

(In SAR)

Breakdown	2024	2023	2022
Revenue	42.8 Million	37.42 Million	32.64 Million
Cost of Revenue	26.61 Million	25.54 Million	23.09 Million
Gross Profit	16.19 Million	11.88 Million	9.54 Million
Operating Expenses	-1.00	2.74 Million	1.99 Million
Selling, General and Administrative Expenses	-1.00	2.74 Million	1.99 Million
Research and Development Expenses	-	-	-
Other Expenses	-	-	-
Cost and Expenses	26.61 Million	28.29 Million	25.09 Million
Operating Income	16.19 Million	9.13 Million	7.54 Million
Interest Expense	-	-	-
Income Tax Expense	-10.23 Million	271.26 Thousand	440.52 Thousand
Earnings before Tax	-	9.2 Million	7.58 Million
Net Income	10.23 Million	8.93 Million	7.14 Million
Earnings Per Share Basic	4.54	4.47	3.57
Earnings Per Share Diluted	4.54	4.47	3.57
Weighted Average Shares Outstanding	2.25 Million	2 Million	2 Million
Weighted Average Shares Outstanding (Diluted)	2.25 Million	2 Million	2 Million
Gross Margin	0.38	0.32	0.29
EBIT Margin	0.38	0.31	0.30
Profit Margin	0.24	0.24	0.22
EBITDA	16.19 Million	11.51 Million	9.9 Million
Earnings Before Tax Margin	0.38	0.24	0.23

Breakdown	2022 FY	2021 FY
Revenue	37.42 Million	32.64 Million
Cost of Revenue	25.54 Million	23.09 Million
Gross Profit	11.88 Million	9.54 Million
Operating Expenses	2.74 Million	1.99 Million
Selling, General and Administrative Expenses	-	-
Research and Development Expenses	-	-
Other Expenses	-	-
Cost and Expenses	28.29 Million	25.09 Million
Operating Income	9.13 Million	7.54 Million
Interest Expense	-	-
Income Tax Expense	271.26 Thousand	440.52 Thousand
Earnings before Tax	9.2 Million	7.58 Million
Net Income	8.93 Million	7.14 Million
Earnings Per Share Basic	-	-
Earnings Per Share Diluted	-	-
Weighted Average Shares Outstanding	2 Million	2 Million
Weighted Average Shares Outstanding (Diluted)	2 Million	2 Million
Gross Margin	0.32	0.29
EBIT Margin	-	-
Profit Margin	0.24	0.22
EBITDA	-	-
Earnings Before Tax Margin	0.24	0.23