M
8.12
—
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 60.9m
FY2020FY2025
Net income
−SAR 21.8m
FY2020FY2025
Free cash flow
SAR 2.1m
FY2020FY2025
Shareholders' equity
SAR 1.2m
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | SAR 60.9m | SAR 86.4m | SAR 89.7m | SAR 84.6m | SAR 48.2m | SAR 42.8m |
| Gross profit | SAR 1.4m | SAR 4.4m | SAR 4.1m | SAR 5.3m | SAR 7.8m | SAR 3.9m |
| Operating income | −SAR 10.5m | −SAR 5.4m | −SAR 3.4m | −SAR 406,213 | SAR 4.5m | SAR 2.4m |
| Net income | −SAR 21.8m | −SAR 7.1m | −SAR 4.8m | −SAR 761,287 | SAR 4.2m | SAR 2.0m |
| Diluted earnings per share | -0.82 | -0.28 | -0.18 | -0.03 | 0.18 | 0.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | SAR 46.3m | SAR 84.1m | SAR 53.2m | SAR 53.3m | SAR 36.7m | SAR 23.8m |
| Cash and short-term investments | — | SAR 4.3m | SAR 9.4m | SAR 16.0m | SAR 8.9m | SAR 6.8m |
| Total liabilities | SAR 45.1m | SAR 61.1m | SAR 23.1m | SAR 18.5m | SAR 9.4m | SAR 6.6m |
| Debt | SAR 7.5m | SAR 21.4m | SAR 19.8m | SAR 13.5m | SAR 7.1m | SAR 5.7m |
| Shareholders' equity | SAR 1.2m | SAR 23.0m | SAR 30.1m | SAR 34.8m | SAR 27.3m | SAR 17.2m |
| Shares outstanding | 27m | 25m | 27m | 27m | 23m | 27m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | SAR 2.1m | SAR 5.5m | −SAR 10.0m | −SAR 6.7m | −SAR 2.6m | SAR 1.7m |
| Capital spending | −SAR 35,739 | −SAR 42,500 | −SAR 827,068 | −SAR 530,822 | −SAR 700,101 | — |
| Free cash flow | SAR 2.1m | SAR 5.4m | −SAR 10.8m | −SAR 7.3m | −SAR 3.3m | SAR 1.7m |
| Dividends paid | — | — | — | — | — | −SAR 510,534 |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 33.2m | SAR 46.6m | SAR 39.8m | SAR 45.8m | SAR 43.9m | SAR 37.8m | SAR 46.9m | SAR 27.9m |
| Gross profit | SAR 2.0m | SAR 2.5m | SAR 1.9m | SAR 2.3m | SAR 1.9m | −SAR 175,079 | SAR 5.2m | SAR 3.5m |
| Operating income | −SAR 2.2m | SAR 2.5m | −SAR 1.7m | −SAR 878,394 | −SAR 2.5m | −SAR 3.2m | SAR 2.8m | SAR 2.1m |
| Net income | −SAR 2.8m | −SAR 4.6m | −SAR 2.5m | −SAR 1.6m | −SAR 3.2m | −SAR 3.0m | SAR 2.3m | SAR 2.3m |
| Diluted earnings per share | -0.11 | -0.18 | -0.10 | -0.06 | -0.12 | -0.11 | 0.09 | 0.10 |
| Cash from operations | −SAR 3.0m | SAR 5.0m | — | −SAR 1.0m | −SAR 8.0m | −SAR 4.0m | −SAR 1.0m | −SAR 4.0m |
| Total assets | SAR 72.9m | SAR 84.1m | SAR 43.4m | SAR 53.2m | SAR 5.81bn | SAR 53.3m | SAR 44.6m | SAR 36.7m |
| Cash and short-term investments | SAR 4.6m | SAR 4.3m | SAR 2.5m | SAR 9.4m | SAR 12.6m | SAR 16.0m | SAR 11.8m | SAR 8.9m |
| Debt | SAR 16.4m | SAR 19.6m | SAR 12.2m | SAR 17.8m | SAR 18.1m | SAR 12.1m | SAR 10.8m | SAR 5.4m |
| Shareholders' equity | SAR 20.2m | SAR 23.0m | SAR 27.6m | SAR 30.1m | SAR 3.12bn | SAR 34.8m | SAR 29.6m | SAR 27.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.4% | 7.3% | — |
| Operating income | 195.5% | — | — |
| Net income | 206.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 4.0% | 4.8% | 6.6% | — |
| Operating margin | -10.8% | -6.1% | -3.1% | — |
| Net margin | -19.6% | -10.7% | -6.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -17.9 | -142.0 | -314.1 | -1118.1 |
| Price to sales | 6.4 | 11.6 | 16.8 | 10.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-for-1 split · 14 Aug 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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