W 
4.06
—
Close of 9 Nov 2026, in QAR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in QAR, from our data supplier.
Revenue
QAR 543.8m
FY2015FY2024
Net income
−QAR 56.2m
FY2015FY2024
Free cash flow
−QAR 27.4m
FY2015FY2024
Shareholders' equity
QAR 99.1m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | QAR 543.8m | QAR 528.6m | QAR 483.8m | QAR 395.4m | QAR 676.7m | QAR 547.6m | QAR 515.9m | QAR 495.7m | QAR 444.2m | QAR 426.5m |
| Operating income | −QAR 49.3m | QAR 17.8m | −QAR 66.6m | −QAR 61.1m | QAR 48.2m | QAR 87.2m | QAR 98.0m | QAR 107.6m | QAR 93.5m | QAR 69.2m |
| Net income | −QAR 56.2m | −QAR 36.2m | −QAR 61.6m | −QAR 66.2m | QAR 50.1m | QAR 78.4m | QAR 108.4m | QAR 108.1m | QAR 91.3m | QAR 69.1m |
| Diluted earnings per share | -0.31 | -0.20 | -0.34 | -0.37 | 0.28 | 0.43 | 0.61 | 0.60 | 0.51 | 0.38 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | QAR 420.4m | QAR 511.6m | QAR 471.2m | QAR 526.8m | QAR 673.1m | QAR 510.8m | QAR 641.4m | QAR 615.2m | QAR 520.9m | QAR 541.8m |
| Cash and short-term investments | QAR 36.8m | QAR 87.5m | QAR 12.8m | QAR 167.8m | QAR 225.3m | QAR 191.9m | QAR 295.6m | QAR 297.7m | QAR 276.8m | QAR 64.1m |
| Total liabilities | QAR 321.3m | QAR 361.4m | QAR 277.0m | QAR 250.1m | QAR 302.9m | QAR 164.3m | QAR 287.5m | QAR 273.2m | QAR 219.2m | QAR 274.7m |
| Debt | QAR 216.9m | QAR 243.3m | QAR 173.8m | QAR 139.2m | QAR 137.7m | QAR 7.1m | QAR 754,300 | QAR 1.2m | QAR 1.7m | QAR 58.2m |
| Shareholders' equity | QAR 99.1m | QAR 150.2m | QAR 194.1m | QAR 276.7m | QAR 370.2m | QAR 346.5m | QAR 353.9m | QAR 342.0m | QAR 301.7m | QAR 267.2m |
| Shares outstanding | 180m | 180m | 180m | 180m | 180m | 180m | 180m | 180m | 180m | 180m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −QAR 26.2m | QAR 16.1m | −QAR 140.6m | −QAR 10.8m | QAR 118.5m | QAR 25.5m | QAR 77.7m | QAR 95.0m | QAR 327.8m | QAR 3.9m |
| Capital spending | −QAR 1.2m | −QAR 17.7m | −QAR 15.6m | −QAR 20.9m | −QAR 20.0m | −QAR 8.1m | −QAR 5.4m | −QAR 9.3m | −QAR 4.9m | −QAR 5.1m |
| Free cash flow | −QAR 27.4m | −QAR 1.6m | −QAR 156.2m | −QAR 31.7m | QAR 98.6m | QAR 17.5m | QAR 72.2m | QAR 85.6m | QAR 322.9m | −QAR 1.2m |
| Dividends paid | — | — | — | −QAR 18.0m | −QAR 54.0m | −QAR 81.0m | −QAR 76.5m | −QAR 63.0m | −QAR 48.6m | −QAR 45.0m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | QAR 41.6m | QAR 102.3m | QAR 119.5m | QAR 70.3m | QAR 82.4m | QAR 186.6m | QAR 204.5m | QAR 137.1m |
| Operating income | −QAR 6.6m | −QAR 92.7m | −QAR 7.2m | −QAR 46.2m | −QAR 8.0m | −QAR 6.6m | QAR 14.2m | QAR 107.4m |
| Net income | −QAR 8.6m | −QAR 98.3m | −QAR 10.3m | −QAR 48.9m | −QAR 10.4m | −QAR 7.4m | QAR 10.5m | QAR 25.7m |
| Diluted earnings per share | -0.05 | -0.53 | -0.06 | -0.27 | -0.06 | -0.04 | 0.06 | 0.14 |
| Cash from operations | — | QAR 28.0m | — | −QAR 6.0m | — | −QAR 19.0m | — | QAR 63.0m |
| Capital spending | — | −QAR 2.0m | — | — | — | −QAR 1.0m | — | −QAR 14.0m |
| Free cash flow | — | QAR 26.0m | — | — | — | −QAR 20.0m | — | QAR 49.0m |
| Total assets | — | QAR 278.0m | QAR 439.2m | QAR 420.4m | QAR 403.2m | QAR 475.7m | QAR 585.1m | QAR 513.7m |
| Cash and short-term investments | — | QAR 19.4m | QAR 63.1m | QAR 36.8m | QAR 13.1m | QAR 19.6m | QAR 96.8m | QAR 87.4m |
| Debt | — | QAR 144.0m | QAR 192.2m | QAR 206.3m | QAR 133.4m | QAR 170.4m | QAR 234.2m | QAR 229.9m |
| Shareholders' equity | — | −QAR 9.7m | QAR 86.3m | QAR 99.1m | QAR 152.5m | QAR 160.6m | QAR 159.9m | QAR 152.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.2% | -0.1% | 2.9% |
| Operating income | -6.9% | — | — |
| Net income | -5.3% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -2.9% | -8.2% | -0.7% | 7.5% |
| Net margin | -8.6% | -11.3% | -2.9% | 6.4% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.5 | -11.7 | -5.9 | -9.8 | 22.7 | 15.5 | 11.6 | 10.4 | 13.4 | 13.8 |
| Price to sales | 0.8 | 0.8 | 0.8 | 1.6 | 1.7 | 2.2 | 2.4 | 2.3 | 2.8 | 2.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 Apr 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.30 | 0.45 | 0.425 | 0.35 | 0.27 | 0.25 | 0.21 |
- 10-for-1 split · 19 Jun 2019
- 5-to-3 reverse split · 22 Apr 2009
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.