Intelligent Oud Company for Trading (iOud) reported a net profit of SAR 4.1 million in 2025, versus SAR 4.7 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 26.69 | 28.05 | 5.1 % |
| Gross Income | 20.43 | 22.31 | 9.2 % |
| Operating Income | 8.17 | 7.75 | (5.1 %) |
| Net Income | 4.74 | 4.10 | (13.6 %) |
| Average Shares | 1.95 | 1.95 | - |
| Earnings Per Share before unusual items (Riyals) | 2.43 | 2.10 | (13.6 %) |
| EPS (Riyal) | 2.43 | 2.10 | (13.6 %) |
The annual profit decline was due to the recognition of an additional provision for expected credit losses (ECL), despite steady revenue growth for 2025.
This was offset by higher 2025 revenue, which is attributable to new product launches during the last quarter of 2024 and the first quarter of 2025.
The H2 2025 net earnings fell by 48.7% to SAR 2.2 million, from SAR 4.21 million in H2 2024.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 16.34 | 17.17 | 5.1 % |
| Gross Income | 13.43 | 14.34 | 6.8 % |
| Operating Income | 5.91 | 4.48 | (24.2 %) |
| Net Income | 4.21 | 2.16 | (48.7 %) |
| Average Shares | 1.95 | 1.95 | - |
| Earnings Per Share before unusual items (Riyal) | 2.16 | 1.11 | (48.7 %) |
| EPS (Riyal) | 2.16 | 1.11 | (48.7 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 10.88 | 17.17 | 57.8 % |
| Gross Income | 7.97 | 14.34 | 80.0 % |
| Operating Income | 3.28 | 4.48 | 36.6 % |
| Net Income | 1.93 | 2.16 | 11.7 % |
| Average Shares | 1.95 | 1.95 | - |
| Earnings Per Share before unusual items (Riyal) | 0.99 | 1.11 | 11.7 % |
| EPS (Riyal) | 0.99 | 1.11 | 11.7 % |
Meanwhile, the six-month net profit was up 11.7% from SAR 1.93 million in H1 2025.
Total shareholders’ equity, no minority interest, stood at SAR 50.36 million by Dec. 31, 2025, up from SAR 46.43 billion a year earlier.
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