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Advance International Communication & Information Technology 9524.SR · SAR

Information Technology · Tadawul · 🇸🇦 Saudi Arabia

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1.36

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Close of 9 Nov 2026, in SAR

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About Advance International Communication & Information Technology

Its shares trade on Tadawul under the ticker 9524.SR. It has been listed since 6 January 2022. In the fiscal year to 31 December 2025, it reported revenue of SAR 41.5m and a net loss of SAR 17.8m. At that date it held total assets of SAR 57.9m and shareholders' equity of SAR 19.2m.

Advance International Co. for Communication & Info Tech provides technical support services. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2022-01-06. The Company’s services include crowd organization solution, software platforms solutions, security inspection, Closed-circuit television (CCTV) solutions, time attendance solution, parking management solutions, and hotel management solutions, among others. The firm owns a private factory that manufactures, assemble and develop products that serve the local market in the fields of technology and artificial intelligence. The firm is providing the services to the customers in the Kingdom of Saudi Arabia and the Middle East.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
6 Jan 2022

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Advance International Communication & Information Technology offers CCTV solutions and security inspection services in Saudi Arabia.
  • The company provides crowd organization solutions and software platforms for the Middle East market.
  • Advance International Co. manufactures AI products in its private factory for the local market.

Weaknesses

  • The company's services are limited to Saudi Arabia and the Middle East regions.
  • Advance International Co. relies on a single private factory for manufacturing AI products.
  • The firm's IPO was on 6 January 2022, which may limit growth opportunities.

Opportunities

  • Expanding into new markets beyond Saudi Arabia and the Middle East could increase revenue.
  • The growing demand for AI and security solutions presents opportunities for product development.
  • Advancing in the technology sector can leverage Saudi Arabia's Vision 2030 initiatives.

Threats

  • Competition from established IT firms in the Middle East poses a threat to market share.
  • Economic downturns in Saudi Arabia could reduce demand for technology services.
  • Regulatory changes in the technology sector might increase operational costs.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.