Financial Results : Burgerizzr Q1 2025 net profit slumps 58% to SAR 2.2M

Burgerizzr Q1 2025 net profit slumps 58% to SAR 2.2M

15/05/2025 Argaam Exclusive

View other reports

Shatirah House Restaurant Co. (Burgerizzr) reported a net profit of SAR 2.2 million in Q1 2025, a decline of 58%, compared to SAR 5.3 million in Q1 2024.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 75.82 78.43 3.5 %
Gross Income 25.87 24.28 (6.2 %)
Operating Income 5.84 2.66 (54.4 %)
Net Income 5.27 2.20 (58.2 %)
Average Shares 35.00 35.00 -
Earnings Per Share before unusual items (Riyal) 0.15 0.06 (58.2 %)
EPS (Riyal) 0.15 0.06 (58.2 %)

The profit decline was attributed to a decrease in gross profit margin from 34.1% in Q1 2024 to 31% in Q1 2025, primarily due to higher labor costs, rent, utilities, and maintenance expenses.

 

Moreover, sales expenses increased 10.8% year-on-year (YoY), mainly due to higher delivery fees resulting from the growing contribution of e-commerce sales channels, including delivery apps.

 

The earnings decline was also pressured by an increase in general and administrative expenses by SAR 234,000, or 3%, with financing charges rising by SAR 248,000.

 

This was offset by a total revenue of SAR 78.4 million in Q1 2025, compared to SAR 75.8 million in Q1 2024, up 3.45%.

 

On a quarterly basis, the company turned to profit from a loss of SAR 1.17 million in Q4 2024, driven by revenue growth, higher sales volumes and lower administrative expenses.

 

Total shareholders’ equity, no minority interest, rose marginally to SAR 74.25 million as of March 31, 2025, compared to SAR 74.13 million a year ago.

 

The number of branches at the end of the current period reached 109, compared to 103 branches in the same period last year, with seven new branches opened and one closed during the year.

View More Financial Results

 

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.