Axelerated Solutions for Information and Communication Technology Co. reported a net profit of SAR 51.9 million in 2025, a 6% rise from SAR 48.9 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 419.24 | 557.39 | 33.0 % |
| Gross Income | 66.75 | 78.36 | 17.4 % |
| Operating Income | 47.97 | 49.14 | 2.4 % |
| Net Income | 48.87 | 51.87 | 6.1 % |
| Average Shares | 25.00 | 28.00 | 12.0 % |
| Earnings Per Share before unusual items (Riyals) | 1.95 | 1.85 | (5.2 %) |
| EPS (Riyal) | 1.95 | 1.85 | (5.2 %) |
Profit growth was driven by a 32.9% increase in the 2025 revenue, primarily due to the acquisition of new awarded projects, along with higher revenues from existing projects.
Growth was further supported by an increase in revenues from the software and licensing segment by more than 80%, as well as a 27% rise in revenues from the managed, operational, and professional services segment during the same year. This, in turn, reflected Accelerated Solutions’ successful shift toward high-margin sectors.
Gross profit rose by 17.3% to SAR 78.3 million in 2025, compared to SAR 66.7 million in 2024.
In H2 2025, the company reported a 42.6% profit decline to SAR 18.06 million, compared to SAR 31.45 million in H2 2024.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 236.92 | 288.19 | 21.6 % |
| Gross Income | 42.94 | 32.89 | (23.4 %) |
| Operating Income | 30.54 | 15.82 | (48.2 %) |
| Net Income | 31.45 | 18.06 | (42.6 %) |
| Average Shares | 25.00 | 28.00 | 12.0 % |
| Earnings Per Share before unusual items (Riyal) | 1.26 | 0.64 | (48.7 %) |
| EPS (Riyal) | 1.26 | 0.64 | (48.7 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 269.20 | 288.19 | 7.1 % |
| Gross Income | 45.46 | 32.89 | (27.7 %) |
| Operating Income | 33.32 | 15.82 | (52.5 %) |
| Net Income | 33.81 | 18.06 | (46.6 %) |
| Average Shares | 28.00 | 28.00 | - |
| Earnings Per Share before unusual items (Riyal) | 1.21 | 0.64 | (46.6 %) |
| EPS (Riyal) | 1.21 | 0.64 | (46.6 %) |
On a sequential basis, Axelerated Solutions’ net income also dropped by 46.6% from SAR 33.81 million in H1 2025.
Total shareholders’ equity, after minority interest, stood at SAR 284.93 million as of the end of 2025, up from SAR 164.44 million in the prior-year period.
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