AYYAN Investment Co. switched to a net profit of SAR 469.3 million for the first nine months of 2025, marking a 438.5% leap from a net loss of SAR 138.6 million a year earlier.
Item | 9m 2024 | 9m 2025 | Change |
---|---|---|---|
Revenues | 19.44 | 125.64 | 546.3 % |
Gross Income | 8.73 | 119.18 | 1265.1 % |
Operating Income | 1.59 | 104.33 | 6452.8 % |
Net Income | (138.64) | 469.31 | 438.5 % |
Average Shares | 100.64 | 100.64 | - |
Earnings Per Share before unusual items (Riyals) | (1.38) | 0.51 | 137.0 % |
EPS (Riyal) | (1.38) | 4.66 | 438.5 % |
The turnaround was mainly driven by higher revenues resulting from gains on fair value revaluation of financial assets classified at fair value through profit or loss (FVTPL), compared to the absence of such gains in the same period last year.
The company also recorded gains from the disposal of financial assets at FVTPL and higher dividend income.
Additionally, AYYAN benefited from lower cost of revenues, reduced selling and marketing expenses, lower financing costs, and gains from discontinued operations, compared to losses from such operations in the prior-year period.
Item | Q3 2024 | Q3 2025 | Change |
---|---|---|---|
Revenues | 6.66 | 90.58 | 1260.6 % |
Gross Income | 3.75 | 88.34 | 2257.7 % |
Operating Income | 1.20 | 85.14 | 7010.2 % |
Net Income | (34.68) | 84.16 | 342.7 % |
Average Shares | 100.64 | 100.64 | - |
Earnings Per Share before unusual items (Riyal) | (0.34) | 0.84 | 342.7 % |
EPS (Riyal) | (0.34) | 0.84 | 342.7 % |
Item | Q2 2025 | Q3 2025 | Change |
---|---|---|---|
Revenues | 26.06 | 90.58 | 247.6 % |
Gross Income | 24.06 | 88.34 | 267.2 % |
Operating Income | 18.85 | 85.14 | 351.7 % |
Net Income | 17.79 | 84.16 | 373.1 % |
Average Shares | 100.64 | 100.64 | - |
Earnings Per Share before unusual items (Riyal) | 0.18 | 0.84 | 373.1 % |
EPS (Riyal) | 0.18 | 0.84 | 373.1 % |
Quarter-on-quarter (QoQ), profit rose due to higher revenues from fair value and disposal gains on financial assets, lower administrative expenses, reduced financing costs, and higher other income.
Total shareholders’ equity, after minority interest, increased to SAR 1.07 billion as of Sept. 30, up from SAR 553.97 million a year earlier.
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