Shatirah House Restaurant Co. (Burgerizzr) reported a net profit of SAR 3.3 million in H1 2025, a 51% slump from a profit of SAR 6.7 million in the prior-year period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 146.08 | 162.25 | 11.1 % |
Gross Income | 47.01 | 48.41 | 3.0 % |
Operating Income | 7.85 | 4.07 | (48.2 %) |
Net Income | 6.69 | 3.27 | (51.1 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.19 | 0.09 | (51.1 %) |
EPS (Riyal) | 0.19 | 0.09 | (51.1 %) |
Burgerizzr cited higher food cost, in addition to rent, utilities and maintenance expenses as reasons for lower earnings. Selling expenses increased by SAR 4.1 million mainly due to higher delivery fees and increased contribution of online channels including aggregators. Additionally, administrative expenses increased by SAR 1 million mainly due to increased salaries and other provisions. Further, financing costs rose.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 70.26 | 83.81 | 19.3 % |
Gross Income | 21.14 | 24.13 | 14.1 % |
Operating Income | 2.01 | 1.41 | (30.0 %) |
Net Income | 1.42 | 1.07 | (24.6 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.04 | 0.03 | (24.6 %) |
EPS (Riyal) | 0.04 | 0.03 | (24.6 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 78.43 | 83.81 | 6.9 % |
Gross Income | 24.28 | 24.13 | (0.6 %) |
Operating Income | 2.66 | 1.41 | (47.1 %) |
Net Income | 2.20 | 1.07 | (51.2 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.06 | 0.03 | (51.2 %) |
EPS (Riyal) | 0.06 | 0.03 | (51.2 %) |
Q2 2025 net profit dropped 24% to SAR 1.1 million, compared to SAR 1.4 million in Q2 2024.
On a sequential basis, net profit plummeted 51.2% from SAR 2.2 million.
Shareholders’ equity, no minority interest, reached SAR 74.84 million by June 30, 2025, compared to SAR 70.39 million a year earlier.
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