Financial Results : Sport Clubs makes SAR 26.6M in 9M 2025, SAR 16.3M in Q3

Sport Clubs makes SAR 26.6M in 9M 2025, SAR 16.3M in Q3

02/11/2025 Argaam Exclusive

View other reports

Sport Clubs Co. reported a net profit of SAR 26.6 million for the first nine months of 2025, up from SAR 23.6 million in the year-earlier period.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 238.38 271.98 14.1 %
Gross Income 66.42 78.06 17.5 %
Operating Income 43.62 50.37 15.5 %
Net Income 23.61 26.59 12.6 %
Average Shares 104.00 104.00 -
Earnings Per Share before unusual items (Riyals) 0.23 0.29 29.9 %
EPS (Riyal) 0.23 0.26 12.6 %

Revenues rose across all segments, driven by the improved performance of existing clubs and the growth in the number of members.

 

Sports Club also noted the contribution of the five new clubs opened during the year and the reopening of one club after a comprehensive refurbishment during the third quarter, which led to a 17.7% increase in subscriptions revenues.

 

Revenues from men’s clubs (Body Masters) increased by 14.1%, while revenues from ladies’ clubs (Body Motions) increased by 13.0%, and from the sports solutions segment (Body Experts) by 17.7%.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 97.87 105.13 7.4 %
Gross Income 31.54 38.65 22.6 %
Operating Income 22.47 24.81 10.4 %
Net Income 14.23 16.32 14.6 %
Average Shares 104.00 104.00 -
Earnings Per Share before unusual items (Riyal) 0.16 0.19 21.5 %
EPS (Riyal) 0.14 0.16 14.6 %

Meanwhile, the company reported an exceptional gain in the nine-month period from the termination of a lease contract in accordance with International Accounting Standard (IFRS 16), amounting to SAR 711,200 compared to an amount of SAR 2.1 million during the same period of last year.

 

On the other hand, the company realized exceptional expenses during 9M 2025 amounting to SAR 4.75 million, compared to SAR 2.03 million in 9M 2024.

 

Net profit growth, when excluding those exceptional items, reaches 29.9%.

 

The third-quarter net earnings grew by 14.6% to SAR 16.3 million, from SAR 14.2 million in Q3 2024.

 

Sequentially, net earnings more than doubled from SAR 6.87 million in Q2 2025.

 

Shareholders’ equity, excluding minority interest, stood at SAR 264.80 million as of Sept. 30, 2025, up from SAR 156.36 million 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.