17.31
-1.65%
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 4.72bn
FY2016FY2025
Net income
SAR 46.4m
FY2016FY2025
Free cash flow
SAR 54.4m
FY2016FY2025
Shareholders' equity
SAR 5.76bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 4.72bn | SAR 4.11bn | SAR 3.29bn | SAR 2.27bn | SAR 1.33bn | SAR 904.6m | SAR 2.19bn | SAR 1.95bn | SAR 2.11bn | SAR 8.04bn |
| Operating income | SAR 237.0m | SAR 41.7m | SAR 305.1m | −SAR 76.1m | −SAR 272.5m | SAR 81.5m | SAR 339.5m | SAR 613.1m | SAR 679.4m | SAR 875.8m |
| Net income | SAR 46.4m | −SAR 199.0m | SAR 256.7m | −SAR 45.7m | −SAR 377.7m | SAR 9.8m | SAR 185.6m | −SAR 145.0m | SAR 496.8m | SAR 826.2m |
| Diluted earnings per share | 0.28 | -0.69 | 0.86 | -0.15 | -1.26 | 0.03 | 0.62 | -0.49 | 1.69 | 2.85 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SAR 11.18bn | SAR 10.84bn | SAR 11.40bn | SAR 8.53bn | SAR 7.89bn | SAR 7.81bn | SAR 8.28bn | SAR 7.99bn | SAR 9.36bn | SAR 9.38bn |
| Cash and short-term investments | SAR 852.4m | SAR 900.7m | SAR 837.3m | SAR 539.3m | SAR 318.4m | SAR 249.0m | SAR 349.7m | SAR 663.9m | SAR 981.2m | SAR 1.25bn |
| Total liabilities | SAR 4.99bn | SAR 4.42bn | SAR 4.48bn | SAR 3.10bn | SAR 2.41bn | SAR 1.93bn | SAR 2.43bn | SAR 2.32bn | SAR 3.32bn | SAR 3.83bn |
| Debt | SAR 1.96bn | SAR 2.05bn | SAR 2.26bn | SAR 1.60bn | SAR 1.18bn | SAR 996.1m | SAR 1.23bn | SAR 744.6m | SAR 1.39bn | SAR 1.09bn |
| Shareholders' equity | SAR 5.76bn | SAR 6.04bn | SAR 6.60bn | SAR 5.42bn | SAR 5.48bn | SAR 5.88bn | SAR 5.84bn | SAR 5.66bn | SAR 6.04bn | SAR 5.51bn |
| Shares outstanding | 165m | 288m | 300m | 300m | 300m | 300m | 300m | 294m | 294m | 290m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SAR 163.1m | SAR 234.5m | −SAR 736.3m | −SAR 497.8m | SAR 241.3m | −SAR 233.0m | SAR 92.3m | SAR 749.5m | −SAR 93.3m | SAR 117.6m |
| Capital spending | −SAR 108.7m | −SAR 121.3m | −SAR 547.6m | −SAR 75.0m | −SAR 658.9m | −SAR 537.2m | −SAR 907.7m | −SAR 288.9m | −SAR 412.2m | −SAR 397.3m |
| Free cash flow | SAR 54.4m | SAR 113.1m | −SAR 1.28bn | −SAR 572.8m | −SAR 417.6m | −SAR 770.2m | −SAR 815.4m | SAR 460.7m | −SAR 505.5m | −SAR 279.7m |
| Dividends paid | — | — | — | — | — | — | — | — | −SAR 104.8m | −SAR 104.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 1.25bn | SAR 1.09bn | SAR 1.00bn | SAR 1.40bn | SAR 1.21bn | SAR 1.10bn | SAR 1.01bn | SAR 995.2m |
| Operating income | — | SAR 77.8m | SAR 32.6m | SAR 88.4m | SAR 60.5m | SAR 88.3m | −SAR 277.6m | SAR 93.1m |
| Net income | SAR 80.3m | SAR 42.1m | −SAR 27.9m | SAR 34.1m | SAR 3.1m | SAR 37.1m | −SAR 330.0m | SAR 30.7m |
| Diluted earnings per share | 0.29 | 0.15 | -0.17 | 0.21 | 0.02 | 0.22 | -1.14 | 0.11 |
| Cash from operations | SAR 460.0m | −SAR 221.0m | SAR 180.0m | −SAR 116.0m | SAR 216.0m | −SAR 117.0m | SAR 248.0m | SAR 260.0m |
| Capital spending | −SAR 23.0m | −SAR 30.0m | −SAR 30.0m | −SAR 27.0m | −SAR 27.0m | −SAR 22.0m | −SAR 31.0m | −SAR 81.0m |
| Free cash flow | SAR 437.0m | −SAR 251.0m | SAR 150.0m | −SAR 143.0m | SAR 189.0m | −SAR 139.0m | SAR 217.0m | SAR 179.0m |
| Total assets | SAR 11.29bn | SAR 10.98bn | SAR 11.18bn | SAR 11.24bn | SAR 11.58bn | SAR 11.27bn | SAR 10.84bn | SAR 11.38bn |
| Cash and short-term investments | — | — | SAR 852.4m | SAR 984.7m | SAR 1.13bn | SAR 859.1m | SAR 900.7m | SAR 991.3m |
| Debt | SAR 763.1m | SAR 821.7m | SAR 1.96bn | SAR 2.11bn | SAR 2.11bn | SAR 1.98bn | SAR 1.84bn | SAR 1.99bn |
| Shareholders' equity | SAR 5.88bn | SAR 5.78bn | SAR 5.76bn | SAR 5.81bn | SAR 5.92bn | SAR 5.99bn | SAR 6.04bn | SAR 6.70bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 6.1% | 0.8% | 12.6% | 0.6% | -20.9% | 7.9% |
| Net margin | 1.0% | -4.8% | 7.8% | -2.0% | -28.4% | 1.1% |
| Return on equity | 0.8% | -3.3% | 3.9% | -0.8% | -6.9% | 0.2% |
| Return on assets | 0.4% | -1.8% | 2.3% | -0.5% | -4.8% | 0.1% |
| Free cash flow yield | 8.5% | 6.4% | -3.2% | -7.2% | 15.4% | 5.2% |
| Revenue growth | 14.8% | 24.8% | 44.9% | 71.0% | 46.8% | -58.7% |
| Earnings growth | -123.3% | -177.5% | -661.1% | -87.9% | -3970.9% | -94.7% |
| Current ratio | 0.95x | 1.11x | 0.99x | 1.02x | 0.98x | 1.57x |
| Debt to equity | 0.34x | 0.31x | 0.31x | 0.27x | 0.20x | 0.16x |
| Equity ratio | 51.5% | 55.7% | 57.9% | 63.6% | 69.4% | 75.3% |
| Interest coverage | 1.96x | 0.17x | 2.77x | 0.16x | -4.45x | 1.54x |
| Buybacks as a share of market value | 42.7% | 3.9% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 27.6% | 39.1% | -5.9% |
| Operating income | — | 23.8% | -15.0% |
| Net income | — | 36.6% | -27.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.2% | 3.5% | 1.9% | 10.2% |
| Net margin | -1.7% | 0.4% | -1.9% | 5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 95.4 | -32.5 | 31.6 | -114.2 | -13.7 | — | 38.8 | -31.7 | 12.5 | 10.1 |
| Price to sales | 0.9 | 1.6 | 2.5 | 2.3 | 3.9 | 6.3 | 3.3 | 2.4 | 2.9 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Feb 2018.
| FY2018 | FY2017 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|
| Paid in the year | 0.357 | 0.357 | 1.071 | 2.429 | 0.714 |
- 7-for-5 split · 15 Apr 2019
- 4-for-3 split · 5 Mar 2015
- 5-for-4 split · 23 Mar 2014
- 3-for-2 split · 3 Apr 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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