Saudi Azm for Communication and Information Technology Co.’s net profit rose to SAR 37.4 million after minority interest for the fiscal year (FY) ended June 30, 2025, from SAR 27.9 million in the year-earlier period.
Item | 2024 | 2025 | Change |
---|---|---|---|
Revenues | 217.64 | 253.16 | 16.3 % |
Gross Income | 57.82 | 73.41 | 27.0 % |
Operating Income | 27.68 | 32.28 | 16.6 % |
Net Income | 27.95 | 37.45 | 34.0 % |
Average Shares | 60.00 | 60.00 | - |
Earnings Per Share before unusual items (Halala) | 46.58 | 62.41 | 34.0 % |
EPS (Halala) | 46.58 | 62.41 | 34.0 % |
Revenues rose 16.32% to SAR 253.16 million year-on-year (YoY) in FY2024/25 on new projects and additional income from existing projects.
Gross profit increased by SAR 15.59 million due to higher revenues. In addition, the company’s share of profits from associates rose by SAR 0.44 million, while other income increased by SAR 3.94 million.
These gains came despite a SAR 1.30 million increase in Zakat and income tax expenses, a SAR 10.98 million increase in operating expenses, and a SAR 1.23 million increase in financing costs.
Item | Q4 2024 | Q4 2025 | Change |
---|---|---|---|
Revenues | 63.11 | 64.06 | 1.5 % |
Gross Income | 16.46 | 18.25 | 10.9 % |
Operating Income | 7.87 | 8.64 | 9.8 % |
Net Income | 10.02 | 12.06 | 20.3 % |
Average Shares | 60.00 | 60.00 | - |
Earnings Per Share before unusual items (Halala) | 16.70 | 20.09 | 20.3 % |
EPS (Halala) | 16.70 | 20.09 | 20.3 % |
Item | Q3 2025 | Q4 2025 | Change |
---|---|---|---|
Revenues | 64.47 | 64.06 | (0.6 %) |
Gross Income | 19.87 | 18.25 | (8.2 %) |
Operating Income | 7.69 | 8.64 | 12.4 % |
Net Income | 8.01 | 12.06 | 50.6 % |
Average Shares | 60.00 | 60.00 | - |
Earnings Per Share before unusual items (Halala) | 13.35 | 20.09 | 50.6 % |
EPS (Halala) | 13.35 | 20.09 | 50.6 % |
In Q4 2024/25, net earnings reached SAR 12.1 million, soaring 20.3% YoY.
On a sequential basis, net income surged 50.6% from SAR 8.01 million in Q3 2024/25.
Shareholders’ equity, after minority interest, amounted to SAR 140.81 million by the end of the 12-month period, compared to SAR 88.44 million a year earlier.
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