MIS receives two HUMAIN work orders worth over 270% of 2025 revenue

MIS said the two work orders have a 16-month execution period

Al Moammar Information Systems Co. (MIS) announced it received work orders No. 3 and No. 4 from HUMAIN Co. on Oct. 10, with a combined value exceeding 270% of its total 2025 revenue.

In two separate statements to Tadawul, the company said each work order's total value exceeds 135% of its 2025 revenue. Both work orders have a 16-month execution period, with financial impact expected to begin in Q4 2026.

According to data compiled by Argaam, MIS signed an agreement with HUMAIN in September to expand the scope of a project to design and build AI-dedicated data centers, increasing capacity from 50 megawatts (MW) to 250 MW. The contract value increased to more than 689% of MIS’s total 2025 revenue, or about SAR 8.76 billion.

MIS reported revenue of almost SAR 1.27 billion in 2025. The 135% of its 2025 revenue amounts to SAR 1.72 billion, bringing the combined value of the two work orders to SAR 3.44 billion.

This brings the total number of orders received by MIS from HUMAIN to four, with a combined value equivalent to 553% of revenue (approximately SAR 7.03 billion), out of total orders equivalent to 689% of revenue (almost SAR 8.76 billion).