Financial Results : Axelerated Solutions H1 2025 profit jumps 94% to SAR 33.8M

Axelerated Solutions H1 2025 profit jumps 94% to SAR 33.8M

21/08/2025 Argaam Exclusive

View other reports

Axelerated Solutions for Information and Communication Technology Co. reported a net profit of SAR 33.8 million for H1 2025, a 94% rise from SAR 17.4 million a year earlier.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 182.31 269.20 47.7 %
Gross Income 23.81 45.46 91.0 %
Operating Income 17.43 33.32 91.1 %
Net Income 17.43 33.81 94.0 %
Average Shares 25.00 28.00 12.0 %
Earnings Per Share before unusual items (Riyal) 0.70 1.21 73.2 %
EPS (Riyal) 0.70 1.21 73.2 %

The profit growth was attributed to a 47.6% year-on-year (YoY) rise in revenues due to securing new projects and generating higher revenues from existing ones. Revenues from software and licensing grew by more than 546% YoY, while the managed and professional services segment recorded a 77.9% increase.

 

Moreover, the company’s gross profit rose by 91%, to SAR 45.4 million in H1 2025 from SAR 23.8 million in H1 2024.

 

The company also reported an increase of SAR 1.8 million in other income.

 

Compared to H2 2024, Axelerated Solutions’ net income rose 5.9% from SAR 31.94 million.

 

Total shareholders’ equity, after minority interest, stood at SAR 273.78 million as of the end of H1 2025, compared to SAR 137.56 million in the prior-year period.

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.