KnowledgeNet Co. reported a net profit plunge to SAR 2.7 million (excluding minority interest) in 2025, compared to SAR 25.9 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 58.69 | 29.00 | (50.6 %) |
| Gross Income | 25.14 | 14.37 | (42.9 %) |
| Operating Income | 4.33 | (4.64) | (207.3 %) |
| Net Income | 25.94 | 2.73 | (89.5 %) |
| Average Shares | 3.50 | 3.50 | - |
| Earnings Per Share before unusual items (Riyals) | (1.12) | 1.87 | 266.5 % |
| EPS (Riyal) | 7.41 | 0.78 | (89.5 %) |
Before excluding minority interest, net profit reached SAR 2.6 million in 2025, down from SAR 46.7 million a year earlier.
The company reported lower operating profit due to the new strategy, as well as the longer sales cycle, driven by higher value of the financial investment in the Saudi Technology Fund.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 29.77 | 11.10 | (62.7 %) |
| Gross Income | 14.99 | 6.68 | (55.4 %) |
| Operating Income | 6.38 | (4.27) | (166.9 %) |
| Net Income | 26.48 | 4.20 | (84.2 %) |
| Average Shares | 3.50 | 3.50 | - |
| Earnings Per Share before unusual items (Riyal) | (0.97) | 1.20 | 224.1 % |
| EPS (Riyal) | 7.57 | 1.20 | (84.2 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 17.91 | 11.10 | (38.0 %) |
| Gross Income | 7.68 | 6.68 | (13.0 %) |
| Operating Income | (0.36) | (4.27) | (1,075.9 %) |
| Net Income | (1.47) | 4.20 | 386.3 % |
| Average Shares | 3.50 | 3.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.67 | 1.20 | 79.4 % |
| EPS (Riyal) | (0.42) | 1.20 | 386.3 % |
H2 2025 net profit reached SAR 4.2 million, down from to SAR 26.5 million in the prior-year period.
Compared to H1 2025, the company turned to profitability, versus a net loss of SAR 1.47 million.
Total shareholders’ equity (after minority interest) amounted to SAR 67.6 million as of Dec. 31, 2025, compared to SAR 64.7 million in the year-earlier period.
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