Burgerizzr 9M 2025 profits fall 28% to SAR 6.9M; Q3 at SAR 3.6M

Shatirah House Restaurant Co. (Burgerizzr) reported a 28% drop in net profits to SAR 6.9 million in the first nine months of 2025, from SAR 9.6 million a year earlier.

The profit decline was mainly due to a 33.9% year-on-year (YoY) increase in selling expenses, driven by promotional activities, as well as higher costs related to sales growth and digital channels, including delivery platforms.

Burgerizzr also reported an 11.5% rise YoY in general and administrative expenses (G&A), mainly due to higher labor costs and expenses associated with the acquisition of SHOVEL.

Financing costs also increased by SAR 847,000, though this was partially offset by a SAR 459,000 reduction in property and equipment write-off losses.

Conversely, the company recorded a 16.6% YoY rise in revenue. Gross profit also increased by 17.6%, with the gross profit margin improving from 31.4% in the same period last year to 31.7% in the current period, primarily due to lower food material costs.

Burgerizzr also cited a SAR 235,000 increase in other income.

In Q3, Burgerizzr’s net earnings rose by 24.5% to SAR 3.6 million, from SAR 2.9 million in the third quarter of 2024. Revenue increased by 27% compared to the same quarter of 2024, mainly driven by the opening of new branches, in addition to higher same-store sales.

Gross profit grew by 47.4%, with the gross profit margin improving from 29.9% in the same period last year to 34.7% in the current period. Other income also increased by SAR 108,000.

Net earnings skyrocketed 239.8% quarter-on-quarter (QoQ) from SAR 1 million.

Total shareholders’ equity, no minority interest, reached SAR 78.49 million as of Sept. 30, 2025, up from SAR 73.32 million a year earlier.

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