Tabby, a Saudi Arabia-based buy now, pay later (BNPL) company, reported a net profit of SAR 206.4 million in 2025, leaping 82% from SAR 113.5 million in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 547.77 | 723.73 | 32.1 % |
| Net Income | 113.46 | 206.36 | 81.9 % |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyals) | 3.78 | 6.88 | 81.9 % |
| EPS (Riyal) | 3.78 | 6.88 | 81.9 % |
The company attributed the profit growth mainly to net financing and investment commission income which rose to SAR 723.7 million in 2025, compared with SAR 547.8 million a year before.
It also cited a 39% increase year-on-year (YoY) in merchant commission income to SAR 1.28 billion. Customer fee income from extended payment terms also rose 75% YoY to SAR 117.2 million, and interest income on time deposits grew to SAR 7.6 million.
However, franchise fees rose to SAR 116.4 million in 2025, from SAR 105.6 million in 2024. Other general and administrative expenses also increased by 59% for the same year.
The Q4 2025 net earnings fell 25% to SAR 57.1 million, compared to SAR 76.27 million in Q4 2024.
Sequentially, the three-month bottom-line contracted by 3.2% from SAR 58.92 million in Q3 2025.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 154.94 | 202.26 | 30.5 % |
| Net Income | 76.27 | 57.06 | (25.2 %) |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 2.54 | 1.90 | (25.2 %) |
| EPS (Riyal) | 2.54 | 1.90 | (25.2 %) |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 207.21 | 202.26 | (2.4 %) |
| Net Income | 58.92 | 57.06 | (3.2 %) |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 1.96 | 1.90 | (3.2 %) |
| EPS (Riyal) | 1.96 | 1.90 | (3.2 %) |
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