Financial Results : Jamjoom Fashion posts 17% rise in 9M 2024/25 earnings to SAR 94.3M

Jamjoom Fashion posts 17% rise in 9M 2024/25 earnings to SAR 94.3M

14/08/2025 Argaam Exclusive

View other reports

Jamjoom Fashion Co., which owns and manages Nayomi and Mihyar brands, reported earnings of SAR 94.3 million for the first nine months ended June 2025, up 17% compared to SAR 80.5 million a year earlier.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 472.57 540.36 14.3 %
Gross Income 326.23 378.19 15.9 %
Operating Income 88.39 105.86 19.8 %
Net Income 80.53 94.29 17.1 %
Average Shares 7.95 7.95 -
Earnings Per Share before unusual items (Riyals) 10.13 11.86 17.1 %
EPS (Riyal) 10.13 11.86 17.1 %

The nine-month revenue rose 14% year-on-year (YoY) to SAR 540.4 million, driven by a 13% increase in Nayomi brand revenue to SAR 453.6 million, and a 22% growth in Mihyar brand revenue.

 

Gross margin grew to 70% in 9M 2024/25, from 69% in the same period last year, due to a lower cost-to-revenue ratio.

 

Operating margin increased YoY to 20% from 19% despite higher selling, distribution, and administrative expenses.

 

EBITDA rose 17% to SAR 201.9 million in 9M 2024/25, versus SAR 172.6 million in the same period. Other income also soared by 42% during the same period.

 

However, finance costs surged by SAR 2.8 million to SAR 9.1 million for the nine-mont period. Other operating expenses also climbed by 7%, with Zakat expenses following suit.

 

Shareholders’ equity, no minority interest, reached SAR 204.03 million by the end of the period, compared to SAR 109.738 million as of September 30, 2024.



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 - - - - - -
H2 2020 - - - - - -
H1 2021 - - - - - -
H2 2021 - - - - - -
H1 2022 - - - - - -
H2 2022 - - - - - -
H1 2023 - - - - - -
H2 2023 - - - - - -
H1 2024 290.59 - 200.19 - 47.59 -
H2 2024 321.66 - 220.87 - 43.31 -
H1 2025 375.17 29.1 % 263.70 31.7 % 84.51 77.6 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
H1 2020 - - - - - -
H2 2020 - - - - - -
H1 2021 - - - - - -
H2 2021 - - - - - -
H1 2022 - - - - - -
H2 2022 - - - - - -
H1 2023 - - - - - -
H2 2023 - - - - - -
H1 2024 42.48 - 5.35 - 42.48 5.35
H2 2024 39.47 - 4.97 - 39.47 4.97
H1 2025 77.67 82.8 % 9.77 - 77.67 9.77

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -
H1 2021 - - -
H2 2021 - - -
H1 2022 - - -
H2 2022 - - -
H1 2023 - - -
H2 2023 - - -
H1 2024 - - -
H2 2024 68.77 % - 13.38 %
2024 68.77 % 33.56 % 13.38 %
H1 2025 69.54 % - 16.81 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
H1 2016 - - - -
H2 2016 - - - -
H1 2017 - - - -
H2 2017 - - - -
H1 2018 - - - -
H2 2018 - - - -
H1 2019 - - - -
H2 2019 - - - -
H1 2020 - - - -
H2 2020 - - - -
H1 2021 - - - -
H2 2021 - - - -
H1 2022 - - - -
H2 2022 - - - -
H1 2023 - - - -
H2 2023 - - - -
H1 2024 7.95 - - -
H2 2024 7.95 10.31 10.31 13.81
H1 2025 7.95 14.74 14.74 -

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -
H1 2021 - - -
H2 2021 - - -
H1 2022 - - -
H2 2022 - - -
H1 2023 - - -
H2 2023 - - -
H1 2024 - - -
H2 2024 - - -
H1 2025 - - -

Business Segments (Million)

Compared With The
Period Nayomi Mihyar
Q2 2024 246.08 44.51
Q4 2024 278.09 43.56
Q2 2025 309.22 65.94

Current
Market Cap (M Riyal) 1,109.03
Enterprise Value (EV) (M Riyal) -
Shares Outstanding ((M)) 7.95
Book Value (BV) ( Riyal) -
Par Value ( Riyal) 10.00
Recurring P/E 9.47
Price/book -
EV/adj EBITDA -
EV/Revenues -

Share Price

Jamjoom Fashion Trading Co. (JAMJOOM FASHION)


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
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.