Financial Results : NCLE profit rises 20% to SAR 78.2M in H1 2024/25; Q2 at SAR 40.1M

NCLE profit rises 20% to SAR 78.2M in H1 2024/25; Q2 at SAR 40.1M

12/03/2025 Argaam Exclusive

View other reports

National Company for Learning and Education (NCLE) reported a net profit of SAR 78.2 million for the first half of the fiscal year (FY) ended Jan. 31, 2025, up 20% from SAR 65.1 million in the year-earlier period.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Revenues 289.43 335.27 15.8 %
Gross Income 122.36 144.04 17.7 %
Operating Income 74.16 88.68 19.6 %
Net Income 65.05 78.22 20.2 %
Average Shares 43.00 43.00 -
Earnings Per Share before unusual items (Riyals) 1.51 1.82 20.2 %
EPS (Riyals) 1.51 1.82 20.2 %

The annual profit growth was attributed to a 13% increase in the number of students enrolled in the company's schools to amount to 31,900 by H1 2024/25-end, from 28,200 students in the year before.

 

Additionally, at the onset of the 2024/25 academic year, the company opened four new affiliated educational complexes in Riyadh, namely Tarbyh Namouthajiyah Schools (TNS) in Qurtuba and Al-Nargis districts; the National School in Hetteen; and Model Education International Academy (MEIA) - Al Qairawan.

 

This came despite the increased marketing expenses in the six-month period, given the change in the company's fiscal year-end to July 31, instead of Aug. 31, since most of these expenses are typically incurred during July and August of each FY.

 

In Q2 2024/25, the company’s net profit grew 18% to SAR 40.1 million, from SAR 34 million in the same period a year ago.

 

On a quarterly basis, the bottom line surged by 5.2% from SAR 38.11 million in Q1 2024/25.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Revenues 145.02 167.00 15.2 %
Gross Income 62.78 70.54 12.4 %
Operating Income 38.64 45.39 17.5 %
Net Income 33.99 40.11 18.0 %
Average Shares 43.00 43.00 -
Earnings Per Share before unusual items (Riyals) 0.79 0.93 18.0 %
EPS (Riyals) 0.79 0.93 18.0 %

Shareholders’ equity, no minority interest, soared to SAR 781.30 million by the end of Jan. 31, 2025, from SAR 700.09 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.