E
7.72
0.00%
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 1.14bn
FY2016FY2025
Net income
−SAR 9.0m
FY2016FY2025
Free cash flow
−SAR 187.8m
FY2016FY2025
Shareholders' equity
SAR 9.35bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 1.14bn | SAR 426.0m | SAR 1.03bn | SAR 363.3m | SAR 372.1m | SAR 547.3m | SAR 986.9m | SAR 1.01bn | SAR 1.44bn | SAR 1.14bn |
| Operating income | SAR 542.6m | −SAR 360.8m | SAR 242.7m | SAR 794.5m | −SAR 1.39bn | −SAR 1.86bn | −SAR 1.27bn | −SAR 1.17bn | SAR 296.2m | −SAR 913.2m |
| Net income | −SAR 9.0m | −SAR 1.13bn | −SAR 253.2m | −SAR 1.16bn | −SAR 827.4m | −SAR 1.25bn | −SAR 508.8m | −SAR 135.1m | SAR 240.9m | SAR 96.7m |
| Diluted earnings per share | -0.02 | -2.17 | -0.48 | -2.22 | -2.11 | -3.19 | -1.31 | -0.34 | 0.61 | 0.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SAR 15.68bn | SAR 15.09bn | SAR 15.15bn | SAR 15.21bn | SAR 15.57bn | SAR 16.32bn | SAR 17.57bn | SAR 17.34bn | SAR 17.30bn | SAR 18.85bn |
| Cash and short-term investments | — | SAR 313.8m | SAR 179.1m | SAR 133.9m | SAR 348.2m | SAR 265.6m | SAR 404.4m | SAR 652.6m | SAR 1.75bn | SAR 2.17bn |
| Total liabilities | SAR 6.34bn | SAR 9.82bn | SAR 8.74bn | SAR 8.55bn | SAR 7.69bn | SAR 10.47bn | SAR 10.21bn | SAR 9.46bn | SAR 9.29bn | SAR 10.24bn |
| Debt | SAR 4.01bn | SAR 8.08bn | SAR 6.96bn | SAR 6.32bn | SAR 6.24bn | SAR 8.67bn | SAR 8.59bn | SAR 8.06bn | SAR 8.00bn | SAR 7.50bn |
| Shareholders' equity | SAR 9.35bn | SAR 5.27bn | SAR 6.41bn | SAR 6.65bn | SAR 7.88bn | SAR 5.84bn | SAR 7.35bn | SAR 7.88bn | SAR 8.01bn | SAR 8.62bn |
| Shares outstanding | 526m | 523m | 522m | 522m | 392m | 392m | 388m | 393m | 392m | 392m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SAR 84.7m | −SAR 238.5m | −SAR 344.8m | −SAR 227.4m | SAR 137.6m | −SAR 71.6m | −SAR 240.6m | −SAR 605.8m | −SAR 196.3m | SAR 302.4m |
| Capital spending | −SAR 103.0m | −SAR 256.9m | −SAR 53.9m | −SAR 3.2m | −SAR 10.1m | −SAR 147.5m | −SAR 383.3m | −SAR 408.4m | −SAR 660.8m | −SAR 1.44bn |
| Free cash flow | −SAR 187.8m | −SAR 495.4m | −SAR 398.6m | −SAR 230.6m | SAR 127.5m | −SAR 219.0m | −SAR 623.9m | −SAR 1.01bn | −SAR 857.1m | −SAR 1.14bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 126.9m | SAR 157.4m | SAR 658.4m | SAR 358.5m | SAR 118.4m | SAR 203.7m | SAR 184.8m | SAR 90.7m |
| Operating income | −SAR 88.9m | −SAR 71.2m | SAR 420.8m | SAR 23.6m | SAR 108.1m | SAR 48.0m | SAR 165.1m | −SAR 286.1m |
| Net income | −SAR 22.3m | −SAR 180.4m | SAR 292.8m | −SAR 134.9m | −SAR 43.7m | −SAR 123.3m | SAR 18.2m | −SAR 458.9m |
| Diluted earnings per share | -0.03 | -0.20 | 0.56 | -0.26 | -0.08 | -0.23 | 0.03 | -0.88 |
| Cash from operations | −SAR 128.0m | −SAR 20.0m | SAR 82.0m | SAR 5.0m | −SAR 107.0m | −SAR 66.0m | SAR 30.0m | −SAR 73.0m |
| Capital spending | −SAR 6.0m | −SAR 56.0m | −SAR 71.0m | −SAR 14.0m | −SAR 11.0m | −SAR 6.0m | −SAR 13.0m | −SAR 8.0m |
| Free cash flow | −SAR 134.0m | −SAR 76.0m | SAR 11.0m | −SAR 9.0m | −SAR 118.0m | −SAR 72.0m | SAR 17.0m | −SAR 81.0m |
| Total assets | SAR 15.44bn | SAR 15.54bn | SAR 15.68bn | SAR 15.30bn | SAR 15.25bn | SAR 14.97bn | SAR 15.09bn | SAR 15.00bn |
| Cash and short-term investments | — | — | — | SAR 514.0m | SAR 577.3m | SAR 233.9m | SAR 313.8m | SAR 230.2m |
| Debt | SAR 3.59bn | SAR 4.07bn | SAR 4.01bn | SAR 8.63bn | SAR 8.51bn | SAR 8.23bn | SAR 8.08bn | SAR 7.95bn |
| Shareholders' equity | SAR 9.08bn | SAR 9.17bn | SAR 9.35bn | SAR 4.95bn | SAR 5.09bn | SAR 5.14bn | SAR 5.27bn | SAR 5.24bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 48.8% | -103.6% | 26.4% | -443.7% | -374.2% | -339.8% |
| Net margin | -0.8% | -266.3% | -24.6% | -318.6% | -222.4% | -228.1% |
| Return on equity | -0.1% | -21.5% | -4.0% | -17.4% | -10.5% | -21.4% |
| Return on assets | -0.1% | -7.5% | -1.7% | -7.6% | -5.3% | -7.7% |
| Free cash flow yield | 0.4% | 0.4% | -5.9% | -4.5% | 4.0% | 2.1% |
| Revenue growth | 167.2% | -58.7% | 183.9% | -2.4% | -32.0% | -44.5% |
| Earnings growth | -99.2% | 348.1% | -78.1% | 39.9% | -33.7% | 145.4% |
| Current ratio | 1.06x | 0.21x | 0.22x | 0.18x | 0.27x | 0.32x |
| Debt to equity | 0.43x | 1.53x | 1.09x | 0.95x | 0.79x | 1.47x |
| Equity ratio | 59.6% | 34.9% | 42.3% | 43.8% | 50.6% | 35.8% |
| Interest coverage | 1.02x | -0.71x | 0.57x | -5.64x | -484.96x | -469.87x |
| Buybacks as a share of market value | -0.5% | -0.2% | 0.0% | -33.3% | 0.0% | -1.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 46.3% | 15.8% | 1.1% |
| Operating income | -11.9% | — | 5.5% |
| Net income | -80.2% | -62.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.6% | 41.2% | -52.4% | -50.4% |
| Net margin | -73.1% | -86.3% | -119.4% | -48.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -584.9 | -8.7 | -35.5 | -8.2 | -12.3 | -6.3 | -15.8 | -49.8 | 47.7 | 150.6 |
| Price to sales | 4.6 | 23.3 | 8.7 | 26.0 | 27.2 | 14.3 | 8.1 | 6.7 | 8.0 | 12.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 100-to-46.17 reverse split · 1 Jan 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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