Nofoth Food Products Co

SAU:2288Consumer DefensiveTADAWUL:TFBItasi

SAR 6.02−1.31%At closeAt close · Mon 19 Oct · ≈ AED 5.90 · Market cap $152.94M

2288 · Income statement · TradingHolo

SAR millions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	49.5	183.6	270.2	308.2	365.1	429.6	425.3	−1.0%
Cost of revenue	31.3	106.6	137.4	128.6	138.8	162.6	176.1	+8.3%
Gross profit	18.2	76.9	104.8	179.6	226.3	267.0	249.2	−6.7%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	20.8	72.9	114.9	137.0	85.7	111.6	—	—
Selling & marketing	15.3	54.8	88.5	100.7	77.0	93.3	—	—
Operating expenses	14.2	49.7	70.7	136.8	176.3	209.0	200.4	−4.1%
Operating income	4.1	27.2	32.8	42.7	50.0	58.0	48.8	−15.8%
Interest expense	0.8	3.1	1.0	1.2	3.2	2.9	3.4	+14.2%
Interest income	0.4	0.8	0.0	0.0	4.1	0.2	0.0	−100.0%
Other income / expense	1.4	0.4	(0.5)	1.8	3.0	0.2	—	—
Pre-tax income	5.4	27.6	32.4	44.4	53.0	58.2	49.7	−14.6%
Income tax	0.2	0.7	0.9	1.8	1.4	1.5	1.1	−27.7%
Net income	5.2	26.8	31.5	42.7	51.6	56.7	48.6	−14.3%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	0.06	0.28	0.33	0.45	0.54	0.60	0.51	−14.9%
EPS, diluted (per share)	0.06	0.28	0.33	0.45	0.54	0.60	0.51	−14.9%
EBITDA	11.5	42.5	53.3	67.1	77.2	93.3	80.5	−13.8%
Depreciation & amortization	5.3	11.8	18.4	21.5	27.4	32.2	30.8	−4.2%
Weighted average shares (shares)	96,000,000	96,000,000	96,000,000	96,000,000	95,808,198	95,260,992	—	—
Weighted average diluted shares (shares)	96,000,000	96,000,000	96,000,000	96,000,000	95,807,878	95,260,992	—	—
Gross margin	36.8%	41.9%	38.8%	58.3%	62.0%	62.2%	58.6%	−3.6 pts
Operating margin	8.2%	14.8%	12.2%	13.9%	13.7%	13.5%	11.5%	−2.0 pts
Net margin	10.5%	14.6%	11.7%	13.8%	14.1%	13.2%	11.4%	−1.8 pts

SAR millionsUpdated Tue 30 Jun ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.