Leejam 9M 2025 profit dips to SAR 224M; Q3 at SAR 81M

28/10/2025 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

Leejam Sports Co. reported a net profit of SAR 224 million for the first nine months of 2025, down from SAR 354 million in the year-earlier period.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 1,081.00 1,183.00 9.4 %
Gross Income 444.00 434.00 (2.3 %)
Operating Income 326.00 300.00 (8.0 %)
Net Income 354.00 224.00 (36.7 %)
Average Shares 52.38 52.38 -
Earnings Per Share before unusual items (Riyals) 4.74 4.08 (14.0 %)
EPS (Riyal) 6.76 4.28 (36.7 %)

The profit retreat was mainly due to a non-recurring gain of SAR 92 million recorded in Q3 2024 from the sale of three land plots.

 

Total cost of revenue increased 18% due to the expansion in the number of Fitness Time centers.

 

General and administrative, selling, and marketing expenses rose 16% due to higher investments in talent acquisition, digital transformation projects, and corporate development initiatives, in addition to National Day campaign expenses recognized in Q3 2025.

 

Lower income from short-term Murabaha deposits was recorded during the period.

 

However, the company reported a 9% increase in revenue during the first nine months of 2025 on a 9% rise in membership and subscription revenue, supported by a higher number of centers and members.

 

It posted a 9% YoY growth in personal training service revenue.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 401.00 439.00 9.5 %
Gross Income 172.00 170.00 (1.2 %)
Operating Income 128.00 118.00 (7.8 %)
Net Income 187.00 81.00 (56.7 %)
Average Shares 52.38 52.38 -
Earnings Per Share before unusual items (Riyal) 1.82 1.55 (15.0 %)
EPS (Riyal) 3.57 1.55 (56.7 %)

Leejam’s profits dropped 56.7% to SAR 81 million in Q3 2025, versus SAR 187 million in Q3 2024.

 

On a sequential basis, net earnings rose 12.5% from SAR 72 million in Q2 2025.

 

Total shareholders’ equity, after excluding minority interest, stood at SAR 1.3 billion as of Sept. 30, 2025, compared to SAR 1.25 billion a year earlier.

View more financial results

 

View other reports

Share Price

Leejam Sports Co.
133.50
(14.80) (9.98 %)

Leejam Sports Co. (LEEJAM SPORTS)

More


Financial Ratios
Current
Market Cap (M Riyal) 6,993.14
Enterprise Value (EV) (M Riyal) 7,177.40
Shares Outstanding ((M)) 52.38
EPS ( Riyal) (TTM) 6.23
Book Value (BV) ( Riyal) 24.89
Par Value ( Riyal) 10.00
Recurring P/E 22.05
P/E (TTM) 21.43
Price/book 5.36
Return on Average Assets (%) (TTM) 8.2
Return on Average Equity (%) (TTM) 25.5
EV/adj EBITDA -
EV/Revenues 4.51
more

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request