Academy of Learning logs SAR 41.5M profit in 18 months

Academy of Learning Co. (AOL) reported a net profit of SAR 41.5 million in the 18-month fiscal year ended June 2025, compared with SAR 28.7 million a year earlier.  

According to Argaam’s calculations for the 12-month fiscal year ended June 2025, AOL's profit rose to SAR 33.8 million, compared to SAR 22.2 million a year earlier.

Revenues rose to SAR 227.91 million, an increase of 145.32% compared with the audited 12-month period a year earlier and 63.54% higher than the previous year adjusted to 18 months.

Growth was supported by the opening of three new branches, two in Riyadh and one in Dammam, with a combined maximum capacity of 7,200 students. The number of students served grew 64% to 16,520, compared with 10,100 in the prior 12-month period.

Average revenue per student climbed 50% to SAR 13,796 from SAR 9,199 a year earlier.

AOL booked operating losses of SAR 18.6 million at its women’s branch in Riyadh’s Granada district during the period.

Selling and marketing expenses surged 191% to SAR 27.9 million versus the audited 12-month period of the prior year, and 94.06% compared with the adjusted 18-month period.

Finance costs jumped to SAR 10.9 million from SAR 2.06 million in the year-earlier period.

Shareholders’ equity, no minority interest, increased to SAR 144.30 million by the end of the current period, from SAR 113.07 million a year before.

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