22.57
—
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 621.9m
FY2016FY2025
Net income
−SAR 479.7m
FY2016FY2025
Free cash flow
SAR 7.2m
FY2016FY2025
Shareholders' equity
SAR 285.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 621.9m | SAR 710.5m | SAR 728.0m | SAR 1.08bn | SAR 1.01bn | SAR 495.7m | SAR 527.2m | SAR 701.6m | SAR 683.2m | SAR 594.9m |
| Operating income | — | −SAR 241.7m | −SAR 143.0m | SAR 244.4m | SAR 286.3m | −SAR 79.8m | −SAR 39.9m | SAR 94.2m | SAR 20.4m | −SAR 96.3m |
| Net income | −SAR 479.7m | −SAR 272.3m | −SAR 177.8m | SAR 206.4m | SAR 244.0m | −SAR 276.1m | −SAR 84.1m | SAR 46.2m | −SAR 27.7m | −SAR 112.8m |
| Diluted earnings per share | -7.11 | -4.05 | -2.63 | 3.06 | 3.62 | -4.09 | -1.25 | 0.68 | -0.41 | -1.67 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SAR 1.28bn | SAR 1.80bn | SAR 1.65bn | SAR 1.80bn | SAR 1.90bn | SAR 1.68bn | SAR 1.94bn | SAR 2.12bn | SAR 2.26bn | SAR 2.46bn |
| Cash and short-term investments | — | SAR 145.4m | SAR 242.8m | SAR 150.2m | SAR 189.2m | SAR 84.1m | SAR 113.1m | SAR 182.8m | SAR 241.1m | SAR 221.8m |
| Total liabilities | SAR 1.08bn | SAR 1.04bn | SAR 608.4m | SAR 574.5m | SAR 884.0m | SAR 899.4m | SAR 889.2m | SAR 979.7m | SAR 1.16bn | SAR 1.17bn |
| Debt | SAR 267.5m | SAR 667.3m | SAR 372.9m | SAR 374.0m | SAR 689.8m | SAR 756.3m | SAR 759.0m | SAR 843.0m | SAR 1.02bn | SAR 1.01bn |
| Shareholders' equity | SAR 285.2m | SAR 768.7m | SAR 1.04bn | SAR 1.22bn | SAR 1.02bn | SAR 778.5m | SAR 1.05bn | SAR 1.14bn | SAR 1.10bn | SAR 1.28bn |
| Shares outstanding | 67m | 67m | 68m | 68m | 67m | 67m | 67m | 67m | 67m | 67m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SAR 41.1m | −SAR 37.2m | SAR 151.7m | SAR 316.2m | SAR 196.9m | SAR 15.6m | SAR 82.0m | SAR 163.6m | SAR 63.3m | SAR 114.3m |
| Capital spending | −SAR 33.9m | −SAR 36.5m | −SAR 59.7m | −SAR 40.0m | −SAR 32.5m | −SAR 38.4m | −SAR 37.1m | −SAR 49.3m | −SAR 44.1m | −SAR 28.9m |
| Free cash flow | SAR 7.2m | −SAR 73.7m | SAR 92.0m | SAR 276.3m | SAR 164.4m | −SAR 22.7m | SAR 45.0m | SAR 114.3m | SAR 19.2m | SAR 85.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 147.6m | SAR 124.7m | SAR 144.1m | SAR 157.5m | SAR 152.4m | SAR 167.9m | SAR 178.9m | SAR 179.3m |
| Operating income | −SAR 26.2m | −SAR 38.1m | SAR 39.0m | −SAR 30.7m | −SAR 474.6m | −SAR 30.2m | −SAR 61.2m | −SAR 20.5m |
| Net income | −SAR 35.3m | −SAR 46.4m | SAR 30.4m | −SAR 42.4m | −SAR 427.3m | −SAR 40.5m | −SAR 195.4m | −SAR 24.4m |
| Diluted earnings per share | -0.52 | -0.69 | 0.45 | -0.63 | -6.33 | -0.60 | -2.90 | -0.36 |
| Cash from operations | SAR 42.0m | −SAR 17.0m | SAR 39.0m | −SAR 14.0m | SAR 15.0m | SAR 1.0m | −SAR 45.0m | SAR 13.0m |
| Capital spending | −SAR 3.0m | −SAR 1.0m | −SAR 18.0m | −SAR 6.0m | −SAR 1.0m | −SAR 7.0m | −SAR 10.0m | −SAR 11.0m |
| Free cash flow | SAR 39.0m | −SAR 18.0m | SAR 21.0m | −SAR 20.0m | SAR 14.0m | −SAR 6.0m | −SAR 55.0m | SAR 2.0m |
| Total assets | SAR 1.22bn | SAR 1.24bn | SAR 1.28bn | SAR 1.31bn | SAR 1.35bn | SAR 1.75bn | SAR 1.80bn | SAR 2.07bn |
| Cash and short-term investments | — | — | — | SAR 94.0m | SAR 111.4m | SAR 123.1m | SAR 145.4m | SAR 236.9m |
| Debt | SAR 269.8m | SAR 267.8m | SAR 267.5m | SAR 557.4m | SAR 602.1m | SAR 629.4m | SAR 636.1m | SAR 680.4m |
| Shareholders' equity | SAR 203.6m | SAR 238.9m | SAR 285.2m | SAR 258.6m | SAR 301.0m | SAR 728.2m | SAR 768.7m | SAR 963.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.7% | 4.6% | -1.6% |
| Net income | — | 11.7% | 13.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Net margin | -56.4% | -23.1% | -16.3% | -13.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.7 | -20.5 | -34.5 | 37.2 | 44.8 | -25.3 | -53.9 | 108.9 | -195.4 | -38.5 |
| Price to sales | 3.6 | 7.9 | 8.4 | 7.1 | 10.8 | 14.1 | 8.6 | 7.2 | 7.9 | 7.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 8 May 2014.
| FY2014 | FY2013 | |
|---|---|---|
| Paid in the year | 4.824 | 4.02 |
- 100-to-55.93 reverse split · 29 Jun 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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