Financial Results : Jahez Q1 2025 profit surges 184% to SAR 35.3M

Jahez Q1 2025 profit surges 184% to SAR 35.3M

11/05/2025 Argaam Exclusive

View other reports

Jahez International Company for Information System Technology (Jahez) reported a net profit of SAR 35.3 million in Q1 2025, rising 184%, compared to SAR 12.5 million in Q1 2024.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 480.93 525.96 9.4 %
Gross Income 95.64 125.98 31.7 %
Operating Income 5.17 34.24 561.8 %
Net Income 12.45 35.32 183.7 %
Average Shares 209.84 209.84 -
Earnings Per Share before unusual items (Halala) 5.93 16.83 183.7 %
EPS (Halala) 5.93 16.83 183.7 %

The profit was primarily driven by a 7.3% year-on-year (YoY) rise in total orders, accompanied by a 10.5% increase in the active users.

 

The company also cited improved take rate from 14.4% in Q1 2024 to 14.9% in Q1 2025, reflecting successful negotiations with key partners and enhancing value per transaction. This was driven by increased average order value to SAR 63.1 in Q1 2025, compared to SAR 61.0 in Q1 2024, supported by seasonality offerings and customer purchasing behaviors during Ramadan.

 

Advertising revenue increased 93.2% YoY to SAR 30.7 million, driven by new initiatives such as the launch of the explore and fawasel functions on the app for improved visibility and user experience, and enhanced geo-targeting algorithms to increase advertising availability.

 

On a sequential basis, net profit plummeted 45.8% from SAR 65.14 million in Q4 2024.

 

Total shareholders’ equity, no minority interest, stood at SAR 1.27 billion as of March 31, 2025, compared to SAR 1.15 billion a year earlier.

 

Attached Documents

 

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.