Purity profit down 21% to SAR 1.5M in FY 2024/25; H2 losses at SAR 77,000

Purity for Information Technology Co. reported a net profit of SAR 1.5 million for the fiscal year ended June 2025 (FY 2024/25), down from SAR 2 million a year earlier.

The profit decline was mainly due to listing expenses of SAR 636,400 that were booked under general and administrative (G&A) costs in line with IAS 32 requirements. These non-recurring costs were related to the company’s Nomu-Parallel Market listing.

The company also recorded a SAR 500,000 impairment provision on the fair value of its investment in Numu Studio Holding Ltd. and a SAR 552,200 increase in zakat provision due to increased equity after its secondary market listing.

Revenue grew 2.39% year-on-year (YoY) to SAR 95.06 million in FY 2024/25, supported by an expanded client base across government and private sectors and the opening of new business lines in cybersecurity licensing, infrastructure, and business solutions.

In H2 FY 2024/25, Purity turned to a net loss of SAR 77,000, against a profit of SAR 1.68 million in the year-earlier period.

Total shareholders’ equity, no minority interest, stood at SAR 40.77 million in FY 2024/25, compared to SAR 17.4 million a year ago.

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