37.24
—
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 1.01bn
FY2020FY2025
Net income
SAR 95.1m
FY2020FY2025
Free cash flow
SAR 96.8m
FY2020FY2025
Shareholders' equity
SAR 351.7m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | SAR 1.01bn | SAR 721.6m | SAR 495.8m | SAR 426.5m | SAR 358.5m | SAR 302.4m |
| Gross profit | SAR 180.1m | SAR 131.9m | SAR 102.8m | SAR 101.8m | SAR 90.8m | SAR 76.0m |
| Operating income | SAR 96.6m | SAR 72.9m | SAR 55.4m | SAR 55.7m | SAR 57.9m | SAR 45.0m |
| Net income | SAR 95.1m | SAR 85.5m | SAR 59.8m | SAR 54.8m | SAR 53.4m | SAR 39.5m |
| Diluted earnings per share | 3.79 | 3.23 | 2.26 | 2.07 | 2.02 | 1.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | SAR 594.6m | SAR 555.7m | SAR 450.5m | SAR 374.8m | SAR 304.3m | SAR 238.6m |
| Cash and short-term investments | SAR 211.9m | SAR 208.9m | SAR 216.6m | SAR 183.6m | SAR 140.9m | SAR 93.9m |
| Total liabilities | SAR 239.7m | SAR 204.1m | SAR 148.8m | SAR 134.9m | SAR 119.2m | SAR 107.5m |
| Debt | SAR 5.9m | SAR 15.5m | SAR 12.4m | SAR 9.0m | SAR 9.0m | SAR 3.4m |
| Shareholders' equity | SAR 351.7m | SAR 349.7m | SAR 300.3m | SAR 239.9m | SAR 185.1m | SAR 131.1m |
| Shares outstanding | 25m | 27m | 27m | 27m | 27m | 27m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | SAR 99.5m | SAR 25.7m | SAR 41.7m | SAR 54.2m | SAR 61.4m | SAR 82.3m |
| Capital spending | −SAR 2.6m | −SAR 12.0m | −SAR 11.2m | −SAR 7.8m | −SAR 9.5m | −SAR 2.1m |
| Free cash flow | SAR 96.8m | SAR 13.7m | SAR 30.6m | SAR 46.4m | SAR 51.9m | SAR 80.2m |
| Dividends paid | −SAR 92.2m | −SAR 35.0m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 273.0m | SAR 266.2m | SAR 251.9m | SAR 254.2m | SAR 265.2m | SAR 242.8m | SAR 213.7m | SAR 195.9m |
| Gross profit | SAR 55.0m | SAR 42.9m | SAR 40.5m | SAR 44.0m | SAR 46.6m | SAR 49.0m | SAR 32.2m | SAR 37.6m |
| Operating income | SAR 27.9m | SAR 25.7m | SAR 16.9m | SAR 24.6m | SAR 27.0m | SAR 25.2m | SAR 17.1m | SAR 19.7m |
| Net income | SAR 28.1m | SAR 25.8m | SAR 18.8m | SAR 23.9m | SAR 26.7m | SAR 26.0m | SAR 16.7m | SAR 29.5m |
| Diluted earnings per share | 1.06 | 0.97 | 0.75 | 0.95 | 1.06 | 1.04 | 0.63 | 1.11 |
| Cash from operations | SAR 4.0m | SAR 45.0m | SAR 43.0m | SAR 8.0m | SAR 46.0m | — | −SAR 16.0m | SAR 22.0m |
| Capital spending | −SAR 1.0m | — | — | −SAR 2.0m | −SAR 2.0m | — | −SAR 1.0m | −SAR 5.0m |
| Free cash flow | SAR 3.0m | — | — | SAR 6.0m | SAR 44.0m | — | −SAR 17.0m | SAR 17.0m |
| Total assets | SAR 623.0m | SAR 599.9m | SAR 594.6m | SAR 571.0m | SAR 626.4m | SAR 594.9m | SAR 555.7m | SAR 543.9m |
| Cash and short-term investments | — | — | SAR 211.9m | SAR 169.3m | SAR 199.6m | SAR 209.3m | SAR 208.9m | SAR 219.2m |
| Debt | — | — | SAR 5.9m | SAR 12.3m | SAR 11.5m | SAR 14.9m | SAR 5.2m | SAR 5.8m |
| Shareholders' equity | SAR 375.6m | SAR 347.3m | SAR 351.7m | SAR 334.0m | SAR 348.0m | SAR 375.3m | SAR 349.7m | SAR 334.1m |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 17.8% | 18.3% | 20.7% | 23.9% | 25.3% | 25.1% |
| Operating margin | 9.5% | 13.2% | 13.8% | 14.4% | 16.4% | 14.4% |
| Net margin | 9.4% | 11.8% | 12.1% | 12.8% | 14.9% | 13.1% |
| Return on equity | 27.0% | 24.5% | 19.9% | 22.8% | 28.9% | 30.1% |
| Return on assets | 16.0% | 15.4% | 13.3% | 14.6% | 17.6% | 16.6% |
| Free cash flow yield | 10.6% | 3.7% | 5.2% | 6.1% | — | — |
| Revenue growth | 40.5% | 45.5% | 16.3% | 19.0% | 18.5% | — |
| Earnings growth | 11.2% | 42.9% | 9.2% | 2.5% | 35.2% | — |
| Current ratio | 3.09x | 3.27x | 3.04x | 2.85x | 2.88x | 2.06x |
| Debt to equity | 0.02x | 0.03x | 0.03x | 0.01x | 0.01x | 0.03x |
| Equity ratio | 59.1% | 62.9% | 66.7% | 64.0% | 60.8% | 55.0% |
| Interest coverage | 55.97x | 139.80x | 117.40x | 101.22x | 98.02x | 52.54x |
| Buybacks as a share of market value | 5.2% | 0.0% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.5% | 27.4% | — |
| Operating income | 20.1% | 16.5% | — |
| Net income | 20.2% | 19.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.0% | 19.4% | 20.6% | — |
| Operating margin | 9.8% | 10.6% | 11.6% | — |
| Net margin | 10.4% | 11.1% | 11.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 14.3 | 19.9 |
| Price to sales | 1.3 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 23 Feb 2026.
| FY2026 | |
|---|---|
| Paid in the year | 1.15 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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