Income Statement Arab Potash Company

Stocks

APOT

JO4104311017

Agricultural Chemicals

End-of-day quote Amman S.E. Other stock markets 2026-07-26			5-day change	1st Jan Change
40.15 ^JOD	+0.02%		+1.13%	+6.10%

04-29	Arab Potash Q1 profit 60.2 million dinars	RE
04-28	Arab Potash Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

34228ccb6d27cd9.ruEslPvoM0wyMOyNtX8Qv8QQOq8oWvjcHJ11DO1sVYA.wY9m3pHccS5IQLrejEk9j_B4QvdACq2-X_8_ba5fM_jYrk7VgodWeFpygw

Published financial data: ARAB POTASH COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	648M	1.27B	793M	651M	726M
Total Revenues	648M	1.27B	793M	651M	726M
Cost of Goods Sold, Total	372M	484M	386M	412M	416M
Gross Profit	276M	785M	407M	239M	309M
Selling General & Admin Expenses, Total	35.83M	42.48M	44.62M	42.04M	59.18M
Provision for Bad Debts	-	4.07M	-	-	-
Other Operating Expenses	-	-	54.22M	-2.16M	-1.38M
Other Operating Expenses, Total	35.83M	46.54M	98.84M	39.88M	57.79M
Operating Income	240M	738M	308M	199M	251M
Interest Expense, Total	-5.03M	-5.67M	-253K	-202K	-143K
Interest And Investment Income	5.16M	12.98M	26.64M	32.36M	32.7M
Net Interest Expenses	137K	7.31M	26.39M	32.16M	32.55M
Income (Loss) On Equity Invest.	58.54M	94.98M	67.02M	30.17M	34.18M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	2.17M	553K	-4.2M	-8.04M	-1.73M
EBT, Excl. Unusual Items	301M	841M	397M	253M	316M
Gain (Loss) On Sale Of Investments	-1.41M	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-63.15M
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	299M	841M	397M	253M	253M
Income Tax Expense	82.63M	240M	105M	69.37M	80.4M
Earnings From Continuing Operations	217M	601M	293M	184M	173M
Net Income to Company	217M	601M	293M	184M	173M
Net Income - (IS)	217M	601M	293M	184M	173M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	217M	601M	293M	184M	173M
Net Income to Common Excl. Extra Items	217M	601M	293M	184M	173M
Per Share Items
Net EPS - Basic	2.6	7.22	3.51	2.21	2.07
Basic EPS - Continuing Operations	2.6	7.22	3.51	2.21	2.07
Basic Weighted Average Shares Outstanding	83.32M	83.32M	83.32M	83.32M	83.32M
Net EPS - Diluted	2.6	7.22	3.51	2.21	2.07
Diluted EPS - Continuing Operations	2.6	7.22	3.51	2.21	2.07
Diluted Weighted Average Shares Outstanding	83.32M	83.32M	83.32M	83.32M	83.32M
Normalized Basic EPS	2.26	6.31	2.98	1.9	2.37
Normalized Diluted EPS	2.26	6.31	2.98	1.9	2.37
Dividend Per Share	1.2	1.8	1.3	1.2	1.2
Payout Ratio	38.45	16.65	51.08	58.81	57.64
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	290M	795M	369M	272M	330M
EBITA	244M	741M	313M	205M	257M
EBIT	240M	738M	308M	199M	251M
EBITDAR	296M	804M	380M	281M	340M
Effective Tax Rate - (Ratio)	27.6	28.5	26.35	27.38	31.75
Total Current Taxes	82.85M	242M	105M	68.26M	85.06M
Total Deferred Taxes	-224K	-2.27M	7K	1.11M	-19.79M
Normalized Net Income	188M	526M	248M	158M	198M
Interest on Long-Term Debt	478K	300K	253K	202K	143K
Non-Cash Pension Expense	3.3M	-	-	3.85M	-
Supplemental Operating Expense Items
Advertising Expense	66K	158K	462K	233K	468K
Marketing Expenses	394K	322K	653K	544K	405K
Selling and Marketing Expenses	13.8M	15.73M	18.1M	18.56M	19.79M
General and Administrative Expenses	21.87M	26.36M	26.12M	23.07M	38.97M
Net Rental Expense, Total	5.6M	8.5M	11.12M	9.46M	9.94M
Imputed Operating Lease Interest Expense	14.46M	53.67M	5.98M	4.93M	4.93M
Imputed Operating Lease Depreciation	-8.86M	-45.18M	5.14M	4.53M	5.01M
Maintenance & Repair Expenses, Total	40.82M	46.05M	46.35M	48.6M	46.16M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	211M	531M	96.82M	64.98M	61.84M
Short Term Investments	-	-	419M	417M	413M
Total Cash And Short Term Investments	211M	531M	516M	482M	475M
Accounts Receivable, Total	111M	283M	165M	100M	167M
Other Receivables	14.54M	21.06M	27.31M	49.87M	58.46M
Notes Receivable	2.76M	2.74M	2.74M	2.7M	2.67M
Total Receivables	128M	307M	195M	153M	228M
Inventory	71.18M	95.13M	74.03M	86.93M	87.87M
Prepaid Expenses	3.47M	12.24M	12.2M	13.26M	15.7M
Other Current Assets, Total	77.62M	45.82M	13.22M	18.83M	26.35M
Total Current Assets	491M	991M	810M	754M	833M
Gross Property Plant And Equipment	1.56B	1.74B	1.92B	2.08B	2.13B
Accumulated Depreciation	-1.03B	-1.09B	-1.14B	-1.21B	-1.28B
Net Property Plant And Equipment	524M	652M	777M	874M	854M
Long-term Investments	232M	259M	285M	275M	261M
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	14.39M	13.4M	13.96M	14.43M	13.15M
Deferred Tax Assets Long-Term	22.48M	22.32M	23.43M	22.82M	43.56M
Other Long-Term Assets, Total	40.24M	88M	77.49M	70.56M	101M
Total Assets	1.32B	2.03B	1.99B	2.01B	2.11B
Liabilities
Accounts Payable, Total	9.43M	15.06M	20.2M	24.5M	22.67M
Accrued Expenses, Total	58.92M	145M	55.78M	32.14M	32.56M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	6.5M	-	-	-	-
Current Portion of Leases	788K	893K	893K	1.04M	1.04M
Current Income Taxes Payable	73.25M	196M	79.84M	50.76M	71.77M
Other Current Liabilities	42.9M	20.34M	39.13M	37.41M	37.79M
Total Current Liabilities	192M	378M	196M	146M	166M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	3M	3.19M	2.55M	1.71M	816K
Pension & Other Post Retirement Benefits	2.61M	4.03M	3.87M	4.33M	4.63M
Other Non Current Liabilities	59.88M	65.48M	70.73M	71.63M	75.53M
Total Liabilities	257M	450M	273M	224M	247M
Common Stock, Total	83.32M	83.32M	83.32M	83.32M	83.32M
Retained Earnings	999M	1.5B	1.64B	1.72B	1.79B
Comprehensive Income and Other	-14.65M	-7.98M	-11.62M	-13.37M	-15.39M
Total Common Equity	1.07B	1.58B	1.71B	1.79B	1.86B
Total Equity	1.07B	1.58B	1.71B	1.79B	1.86B
Total Liabilities And Equity	1.32B	2.03B	1.99B	2.01B	2.11B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	83.32M	83.32M	83.32M	83.32M	83.32M
ECS Total Common Shares Outstanding	83.32M	83.32M	83.32M	83.32M	83.32M
Book Value / Share	12.81	18.91	20.58	21.46	22.31
Tangible Book Value	1.07B	1.58B	1.71B	1.79B	1.86B
Tangible Book Value Per Share	12.81	18.91	20.58	21.46	22.31
Total Debt	10.29M	4.09M	3.44M	2.75M	1.86M
Net Debt	-200M	-527M	-513M	-480M	-473M
Debt Equivalent Oper. Leases	44.8M	67.98M	88.94M	75.7M	79.54M
Equity Method Investments, Total	211M	237M	263M	254M	260M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.25M	610K	1.98M	2.72M	2.84M
Inventories - Finished Goods, Total	19.04M	38.77M	20.91M	29.47M	30.28M
Inventories - Others	53.49M	59.14M	53.7M	57.66M	58.71M
Land - (BS)	3.28M	3.35M	3.37M	3.57M	3.58M
Buildings, Total	134M	162M	168M	187M	213M
Machinery, Total	923M	959M	986M	1.22B	1.29B
Full Time Employees	2.01K	-	-	-	1.86K
Accumulated Allowance for Doubtful Accounts (Supple)	16K	16K	16K	16K	16K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	217M	601M	293M	184M	173M
Depreciation & Amortization - CF	46.86M	54.56M	56.97M	67.5M	74.01M
Amortization of Goodwill and Intangible Assets - (CF)	4.4M	3.31M	4.69M	5.87M	5.71M
Depreciation & Amortization, Total	51.25M	57.88M	61.66M	73.37M	79.72M
(Gain) Loss From Sale Of Asset	13K	-	-	-	33K
(Gain) Loss on Sale of Investments - (CF)	116K	122K	1.32M	-2.03M	-1.24M
Asset Writedown & Restructuring Costs	-	-	-	-	63.15M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-58.54M	-96.09M	-67.02M	-30.17M	-34.18M
Other Operating Activities, Total	67.91M	166M	-189M	-76.58M	-15.1M
Change In Accounts Receivable	-46.73M	-172M	118M	64.3M	-66.93M
Change In Inventories	5.58M	-23.74M	21.93M	-13.25M	-1.98M
Change In Accounts Payable	-528K	5.63M	5.14M	4.31M	-1.83M
Change in Other Net Operating Assets	3.8M	37.68M	-21.37M	-14.9M	-35.5M
Cash from Operations	240M	577M	224M	189M	159M
Capital Expenditure	-153M	-185M	-183M	-166M	-118M
Sale of Property, Plant, and Equipment	77K	1.58M	-	-	-
Sale (Purchase) of Real Estate properties	-272K	-65K	-23K	-201K	-8K
Investment in Marketable and Equity Securities, Total	-39.82M	-298M	35.1M	4.22M	26.05M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-3.52M	-	-
Other Investing Activities, Total	75M	41.85M	105M	54.56M	31.16M
Cash from Investing	-118M	-440M	-46.86M	-107M	-60.84M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-7.08M	-6.49M	-893K	-893K	-1.04M
Total Debt Repaid	-7.08M	-6.49M	-893K	-893K	-1.04M
Common Dividends Paid	-83.32M	-100M	-149M	-108M	-99.61M
Common & Preferred Stock Dividends Paid	-83.32M	-100M	-149M	-108M	-99.61M
Other Financing Activities, Total	-7.78M	-8.1M	-5.16M	-4.66M	-811K
Cash from Financing	-98.18M	-115M	-156M	-114M	-101M
Foreign Exchange Rate Adjustments	-	-	-	-	198K
Net Change in Cash	23.58M	22.31M	21.49M	-31.83M	-3.14M
Supplemental Items
Cash Interest Paid	4.55M	5.67M	5.16M	4.66M	-
Cash Income Tax Paid (Refund)	38.25M	119M	221M	97.34M	66.18M
Levered Free Cash Flow	79.57M	289M	54.44M	4.07M	52.27M
Unlevered Free Cash Flow	82.71M	293M	54.59M	4.2M	52.36M
Change In Net Working Capital	-34.33M	41.04M	16.16M	27.92M	66.42M
Net Debt Issued / Repaid	-7.08M	-6.49M	-893K	-893K	-1.04M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	12.27	27.53	9.6	6.22	7.63
Return on Total Capital	14.76	34.72	11.68	7.09	8.6
Return On Equity %	21.67	45.5	17.79	10.51	9.48
Return on Common Equity	21.67	45.5	17.79	10.51	9.48
Margin Analysis
Gross Profit Margin %	42.55	61.86	51.35	36.68	42.61
SG&A Margin	5.53	3.35	5.63	6.45	8.16
EBITDA Margin %	44.82	62.7	46.57	41.72	45.54
EBITA Margin %	37.7	58.46	39.47	31.46	35.43
EBIT Margin %	37.02	58.19	38.88	30.56	34.65
Income From Continuing Operations Margin %	33.44	47.41	36.93	28.24	23.82
Net Income Margin %	33.44	47.41	36.93	28.24	23.82
Net Avail. For Common Margin %	33.44	47.41	36.93	28.24	23.82
Normalized Net Income Margin	29.01	41.44	31.33	24.31	27.25
Levered Free Cash Flow Margin	12.28	22.81	6.87	0.62	7.2
Unlevered Free Cash Flow Margin	12.76	23.09	6.89	0.64	7.22
Asset Turnover
Asset Turnover	0.53	0.76	0.39	0.33	0.35
Fixed Assets Turnover	1.37	2.16	1.11	0.79	0.84
Receivables Turnover (Average Receivables)	7.41	6.44	3.54	4.92	5.42
Inventory Turnover (Average Inventory)	5.03	5.82	4.56	5.13	4.76
Short Term Liquidity
Current Ratio	2.56	2.62	4.14	5.17	5.02
Quick Ratio	1.75	2.21	3.62	4.34	4.22
Operating Cash Flow to Current Liabilities	1.25	1.53	1.14	1.3	0.96
Days Sales Outstanding (Average Receivables)	49.24	56.65	103.05	74.43	67.3
Days Outstanding Inventory (Average Inventory)	72.53	62.76	80.07	71.41	76.61
Average Days Payable Outstanding	9.65	8.8	17.65	19.23	20.63
Cash Conversion Cycle (Average Days)	112.12	110.61	165.47	126.61	123.29
Long Term Solvency
Total Debt/Equity	0.96	0.26	0.2	0.15	0.1
Total Debt / Total Capital	0.95	0.26	0.2	0.15	0.1
LT Debt/Equity	0.28	0.2	0.15	0.1	0.04
Long-Term Debt / Total Capital	0.28	0.2	0.15	0.1	0.04
Total Liabilities / Total Assets	19.42	22.24	13.74	11.11	11.72
EBIT / Interest Expense	47.72	130.14	1.22K	985.52	1.76K
EBITDA / Interest Expense	57.92	140.34	1.46K	1.35K	2.32K
(EBITDA - Capex) / Interest Expense	27.52	107.66	736.36	528.57	1.49K
Total Debt / EBITDA	0.04	0.01	0.01	0.01	0.01
Net Debt / EBITDA	-0.69	-0.66	-1.39	-1.76	-1.43
Total Debt / (EBITDA - Capex)	0.07	0.01	0.02	0.03	0.01
Net Debt / (EBITDA - Capex)	-1.45	-0.86	-2.75	-4.49	-2.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.05	95.71	-37.51	-17.8	11.38
Gross Profit, 1 Yr. Growth %	69.11	184.53	-55.36	-32.49	29.39
EBITDA, 1 Yr. Growth %	98.53	174.97	-53.58	-26.37	21.58
EBITA, 1 Yr. Growth %	127.08	205.01	-57.8	-34.49	25.44
EBIT, 1 Yr. Growth %	135.86	209.24	-58.25	-35.39	26.27
Earnings From Cont. Operations, 1 Yr. Growth %	70.79	177.43	-51.33	-37.13	-6.07
Net Income, 1 Yr. Growth %	70.79	177.43	-51.33	-37.13	-6.07
Normalized Net Income, 1 Yr. Growth %	90.28	180.9	-52.75	-36.23	24.87
Diluted EPS Before Extra, 1 Yr. Growth %	70.79	177.43	-51.33	-37.13	-6.07
Accounts Receivable, 1 Yr. Growth %	72.94	155.34	-41.81	-39.06	66.71
Inventory, 1 Yr. Growth %	-7.26	33.64	-22.18	17.43	1.08
Net Property, Plant and Equip., 1 Yr. Growth %	24.84	24.38	19.18	12.47	-2.35
Total Assets, 1 Yr. Growth %	18.38	52.93	-1.9	1.23	4.68
Tangible Book Value, 1 Yr. Growth %	14.43	47.58	8.82	4.31	3.96
Common Equity, 1 Yr. Growth %	14.43	47.58	8.82	4.31	3.96
Cash From Operations, 1 Yr. Growth %	155.72	141.49	-61.2	-15.56	-14.16
Capital Expenditures, 1 Yr. Growth %	34.5	21.28	-0.99	-9.71	-28.75
Levered Free Cash Flow, 1 Yr. Growth %	-475.67	118.04	-81.39	-92.52	1.18K
Unlevered Free Cash Flow, 1 Yr. Growth %	-571.51	115.6	-81.35	-92.31	1.15K
Dividend Per Share, 1 Yr. Growth %	-	50	-27.78	-7.69	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.32	66.74	10.59	-28.33	-4.32
Gross Profit, 2 Yr. CAGR %	17.27	119.36	21.49	-48.8	-6.54
EBITDA, 2 Yr. CAGR %	20.28	133.14	12.97	-41.54	-5.39
EBITA, 2 Yr. CAGR %	25.55	162.5	13.45	-47.42	-9.35
EBIT, 2 Yr. CAGR %	25.92	169.36	13.63	-48.06	-9.68
Earnings From Cont. Operations, 2 Yr. CAGR %	19.53	117.67	16.2	-44.68	-23.15
Net Income, 2 Yr. CAGR %	19.53	117.67	16.2	-44.68	-23.15
Normalized Net Income, 2 Yr. CAGR %	20.38	130.65	15.21	-45.11	-10.77
Diluted EPS Before Extra, 2 Yr. CAGR %	19.53	117.67	16.2	-44.68	-23.15
Accounts Receivable, 2 Yr. CAGR %	3.84	110.14	21.9	-40.45	0.8
Inventory, 2 Yr. CAGR %	-2.46	11.33	1.98	-4.41	8.95
Net Property, Plant and Equip., 2 Yr. CAGR %	23.16	24.61	21.75	15.78	4.8
Total Assets, 2 Yr. CAGR %	10.31	34.55	22.48	-0.35	2.94
Tangible Book Value, 2 Yr. CAGR %	9.41	29.96	26.73	6.54	4.14
Common Equity, 2 Yr. CAGR %	9.41	29.96	26.73	6.54	4.14
Cash From Operations, 2 Yr. CAGR %	35.38	148.16	-3.2	-42.76	-15.73
Capital Expenditures, 2 Yr. CAGR %	25.04	27.72	9.58	-5.45	-19.79
Levered Free Cash Flow, 2 Yr. CAGR %	46.44	269.52	-35.94	-88.21	-2.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	39.64	308.52	-36.59	-88.03	-2.07
Dividend Per Share, 2 Yr. CAGR %	9.54	-	4.08	-18.35	-3.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.31	35.96	20.22	0.18	-16.98
Gross Profit, 3 Yr. CAGR %	22.25	57.58	35.65	-4.66	-30.27
EBITDA, 3 Yr. CAGR %	18.59	58.22	36.13	-2.05	-25.38
EBITA, 3 Yr. CAGR %	30.9	68.49	42.73	-5.53	-29.74
EBIT, 3 Yr. CAGR %	31.17	69.59	44.69	-5.87	-30.16
Earnings From Cont. Operations, 3 Yr. CAGR %	20.17	58.25	32.12	-5.31	-34
Net Income, 3 Yr. CAGR %	20.17	58.25	32.12	-5.31	-34
Normalized Net Income, 3 Yr. CAGR %	28.04	59.41	35.97	-5.41	-27.81
Diluted EPS Before Extra, 3 Yr. CAGR %	20.17	58.25	32.12	-5.31	-34
Accounts Receivable, 3 Yr. CAGR %	18.41	40.16	36.97	-3.25	-16.07
Inventory, 3 Yr. CAGR %	2.72	8.33	-1.2	6.89	-2.61
Net Property, Plant and Equip., 3 Yr. CAGR %	21.92	23.56	22.77	18.58	9.39
Total Assets, 3 Yr. CAGR %	9.44	23	21.1	14.94	1.3
Tangible Book Value, 3 Yr. CAGR %	8.1	20.89	22.49	18.77	5.68
Common Equity, 3 Yr. CAGR %	8.1	20.89	22.49	18.77	5.68
Cash From Operations, 3 Yr. CAGR %	25.62	64.03	33.69	-7.51	-34.93
Capital Expenditures, 3 Yr. CAGR %	34.58	23.77	17.32	2.73	-13.96
Levered Free Cash Flow, 3 Yr. CAGR %	25.26	98.27	36.98	-68.7	-43.68
Unlevered Free Cash Flow, 3 Yr. CAGR %	21.96	90.39	46	-68.62	-43.66
Dividend Per Share, 3 Yr. CAGR %	0	21.64	-	0	-12.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.88	24.54	10.42	5.24	9.73
Gross Profit, 5 Yr. CAGR %	35.23	51.97	21.94	3.57	13.65
EBITDA, 5 Yr. CAGR %	28.17	44.63	16.21	6.24	17.7
EBITA, 5 Yr. CAGR %	66.22	67.44	23.49	5.75	19.03
EBIT, 5 Yr. CAGR %	65.61	67.35	23.72	5.64	19.84
Earnings From Cont. Operations, 5 Yr. CAGR %	28.34	46.26	18.57	3.94	6.37
Net Income, 5 Yr. CAGR %	28.34	46.26	18.57	3.94	6.37
Normalized Net Income, 5 Yr. CAGR %	40.76	53.61	22.63	4.07	14.89
Diluted EPS Before Extra, 5 Yr. CAGR %	28.34	46.26	18.57	3.94	6.37
Accounts Receivable, 5 Yr. CAGR %	16.18	41.8	19.79	-0.48	21.16
Inventory, 5 Yr. CAGR %	2.99	14.36	2.43	3.05	2.74
Net Property, Plant and Equip., 5 Yr. CAGR %	11.22	15.86	21.85	20.39	15.24
Total Assets, 5 Yr. CAGR %	7.64	16.67	14.48	13.07	13.48
Tangible Book Value, 5 Yr. CAGR %	5.8	14.29	15.2	14.93	14.79
Common Equity, 5 Yr. CAGR %	5.8	14.29	15.2	14.93	14.79
Cash From Operations, 5 Yr. CAGR %	26.3	34.85	13.12	7.66	11.15
Capital Expenditures, 5 Yr. CAGR %	19.42	25.7	23.96	11.13	0.77
Levered Free Cash Flow, 5 Yr. CAGR %	91.3	36.88	6.1	-35.73	19.8
Unlevered Free Cash Flow, 5 Yr. CAGR %	69.57	35.71	3.67	-37.04	24.44
Dividend Per Share, 5 Yr. CAGR %	3.71	12.47	1.61	3.71	-