Alkhaleej Training earns SAR 34.2M in 9M 2025, SAR 26.2M in Q3

10/11/2025 Argaam Exclusive

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Alkhaleej Training and Education Co. posted a net profit of SAR 34.2 million in the first nine months of 2025, down from SAR 94.3 million in the prior year period.

Financials (M)

Item	9m 2024	9m 2025	Change‬
Revenues	848.16	893.04	5.3 %
Gross Income	165.68	171.52	3.5 %
Operating Income	58.84	69.97	18.9 %
Net Income	94.26	34.24	(63.7 %)
Average Shares	65.00	65.00	-
Earnings Per Share before unusual items (Riyals)	0.08	0.39	375.7 %
EPS (Riyal)	1.45	0.53	(63.7 %)

The decline was mainly due to a SAR 61.6 million drop in other income, reflecting the non-recurrence of one-off items recorded in the prior-year period.

Additionally, the company booked professional and advisory expenses of SAR 7.7 million related to acquisition transactions, which were not incurred last year. Net losses and provisions on financial assets of approximately SAR 1.2 million, compared with an immaterial impact in 9M 2024, and the absence of impairment gains/reversals of SAR 12.8 million also weighed on 9M 2025 results.

Partially offsetting these factors were revenue growth of SAR 44.9 million (+5%), a SAR 5.8 million improvement in gross profit, a 9% decline in general and administrative expenses (SAR 8.4 million), and a reduction in Zakat expense of SAR 5.8 million compared with a higher charge last year.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2024	Q3 2025	Change‬
Revenues	311.79	310.19	(0.5 %)
Gross Income	73.80	61.16	(17.1 %)
Operating Income	34.67	24.13	(30.4 %)
Net Income	26.38	26.16	(0.8 %)
Average Shares	65.00	65.00	-
Earnings Per Share before unusual items (Riyal)	0.21	0.15	(29.8 %)
EPS (Riyal)	0.41	0.40	(0.8 %)

Item	Q2 2025	Q3 2025	Change‬
Revenues	294.90	310.19	5.2 %
Gross Income	55.91	61.16	9.4 %
Operating Income	26.41	24.13	(8.6 %)
Net Income	7.03	26.16	271.9 %
Average Shares	65.00	65.00	-
Earnings Per Share before unusual items (Riyal)	0.23	0.15	(35.8 %)
EPS (Riyal)	0.11	0.40	271.9 %

In Q3 2025, net profit edged down slightly to SAR 26.2 million from SAR 26.4 million in Q3 2024. Sequentially, Q3 2025 net earnings jumped from SAR 7.03 million in Q2 2025.

Total shareholders’ equity, excluding minority interest, reached SAR 556.97 million as of Sept 30, 2025, up from SAR 542.9 million a year earlier.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2016	166.17	(11.3 %)	35.29	(17.0 %)	11.18	(40.6 %)
Q2 2016	145.22	(21.0 %)	21.42	(47.5 %)	0.46	(97.7 %)
Q3 2016	151.83	(13.2 %)	39.82	(3.2 %)	17.04	(8.1 %)
Q4 2016	166.74	(7.4 %)	49.06	(12.7 %)	20.69	(16.2 %)
2016	629.96	(13.2 %)	145.59	(19.2 %)	49.35	(39.7 %)
Q1 2017	167.57	0.8 %	30.41	(13.8 %)	9.75	(12.7 %)
Q2 2017	171.73	18.3 %	35.30	64.8 %	14.41	3053.8 %
Q3 2017	187.45	23.5 %	48.44	21.6 %	27.43	61.0 %
Q4 2017	183.24	9.9 %	69.10	40.8 %	30.01	45.1 %
2017	709.99	12.7 %	183.24	25.9 %	82.25	66.6 %
Q1 2018	198.37	18.4 %	37.77	24.2 %	10.58	8.5 %
Q2 2018	175.55	2.2 %	10.72	(69.6 %)	(1.15)	(108.0 %)
Q3 2018	212.03	13.1 %	56.37	16.4 %	28.22	2.9 %
Q4 2018	216.56	18.2 %	50.87	(26.4 %)	28.45	(5.2 %)
2018	802.52	13.0 %	157.80	(13.9 %)	66.06	(19.7 %)
Q1 2019	214.15	8.0 %	41.42	9.7 %	17.38	64.2 %
Q2 2019	201.24	14.6 %	18.04	68.3 %	7.01	710.2 %
Q3 2019	208.82	(1.5 %)	50.69	(10.1 %)	23.16	(17.9 %)
Q4 2019	239.98	10.8 %	27.04	(46.8 %)	(5.78)	(120.3 %)
2019	864.19	7.7 %	137.18	(13.1 %)	41.78	(36.8 %)
Q1 2020	213.76	(0.2 %)	42.82	3.4 %	14.58	(16.1 %)
Q2 2020	181.59	(9.8 %)	26.09	44.7 %	15.76	124.8 %
Q3 2020	183.97	(11.9 %)	42.49	(16.2 %)	15.38	(33.6 %)
Q4 2020	208.00	(13.3 %)	12.70	(53.0 %)	(38.02)	(557.7 %)
2020	787.33	(8.9 %)	124.11	(9.5 %)	7.71	(81.6 %)
Q1 2021	205.87	(3.7 %)	32.31	(24.5 %)	0.83	(94.3 %)
Q2 2021	193.40	6.5 %	29.41	12.7 %	10.53	(33.2 %)
Q3 2021	211.24	14.8 %	36.43	(14.3 %)	16.32	6.1 %
Q4 2021	232.29	11.7 %	64.13	404.8 %	(27.73)	27.1 %
2021	842.80	7.0 %	146.90	18.4 %	(0.01)	(100.1 %)
Q1 2022	219.41	6.6 %	26.21	(18.9 %)	(4.11)	(593.9 %)
Q2 2022	205.31	6.2 %	29.04	(1.2 %)	2.55	(75.8 %)
Q3 2022	220.40	4.3 %	41.44	13.7 %	18.20	11.6 %
Q4 2022	232.90	0.3 %	45.58	(28.9 %)	10.04	136.2 %
2022	877.22	4.1 %	145.28	(1.1 %)	30.33	379237.5 %
Q1 2023	208.32	(5.1 %)	40.55	54.7 %	13.37	424.9 %
Q2 2023	211.86	3.2 %	39.44	35.8 %	13.10	413.0 %
Q3 2023	271.58	23.2 %	78.40	89.2 %	34.53	89.7 %
Q4 2023	291.89	25.3 %	65.72	44.2 %	(2.16)	(121.5 %)
2023	983.65	12.1 %	224.11	54.3 %	58.84	94.0 %
Q1 2024	274.30	31.7 %	44.50	9.7 %	6.38	(52.3 %)
Q2 2024	262.07	23.7 %	47.38	20.2 %	17.80	35.9 %
Q3 2024	311.79	14.8 %	73.80	(5.9 %)	34.67	0.4 %
Q4 2024	294.95	1.0 %	68.55	4.3 %	3.03	240.4 %
2024	1,143.11	16.2 %	234.24	4.5 %	61.87	5.2 %
Q1 2025	287.95	5.0 %	54.45	22.3 %	19.43	204.7 %
Q2 2025	294.90	12.5 %	55.91	18.0 %	26.41	48.4 %
Q3 2025	310.19	(0.5 %)	61.16	(17.1 %)	24.13	(30.4 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2015	725.95	0.3 %	180.18	(7.3 %)	81.80	(15.3 %)
2016	629.96	(13.2 %)	145.59	(19.2 %)	49.35	(39.7 %)
2017	709.99	12.7 %	183.24	25.9 %	82.25	66.6 %
2018	802.52	13.0 %	157.80	(13.9 %)	66.06	(19.7 %)
2019	864.19	7.7 %	137.18	(13.1 %)	41.78	(36.8 %)
2020	787.33	(8.9 %)	124.11	(9.5 %)	7.71	(81.6 %)
2021	842.80	7.0 %	146.90	18.4 %	(0.01)	(100.1 %)
2022	877.22	4.1 %	145.28	(1.1 %)	30.33	379237.5 %
2023	983.65	12.1 %	224.11	54.3 %	58.84	94.0 %
2024	1,143.11	16.2 %	234.24	4.5 %	61.87	5.2 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
Q1 2016	7.96	(49.1 %)	0.14	-	7.96	0.14
Q2 2016	(3.37)	(120.2 %)	(0.06)	-	(3.37)	(0.06)
Q3 2016	19.77	20.2 %	0.36	-	19.77	0.36
Q4 2016	17.65	(18.1 %)	0.32	-	17.65	0.32
2016	42.00	(39.0 %)	0.76	-	42.00	0.76
Q1 2017	6.38	(19.9 %)	0.12	-	6.38	0.12
Q2 2017	10.35	406.6 %	0.19	-	10.35	0.19
Q3 2017	20.80	5.3 %	0.38	-	20.80	0.38
Q4 2017	14.17	(19.7 %)	0.26	-	14.17	0.26
2017	51.70	23.1 %	0.93	-	51.70	0.93
Q1 2018	4.26	(33.2 %)	0.08	-	4.26	0.08
Q2 2018	(7.69)	(174.4 %)	(0.14)	-	(7.69)	(0.14)
Q3 2018	17.31	(16.8 %)	0.31	-	17.31	0.31
Q4 2018	18.48	30.4 %	0.33	-	18.48	0.33
2018	32.36	(37.4 %)	0.58	-	32.36	0.58
Q1 2019	7.32	71.8 %	0.13	-	7.32	0.13
Q2 2019	(3.58)	53.5 %	(0.06)	-	(3.58)	(0.06)
Q3 2019	13.14	(24.1 %)	0.24	-	13.14	0.24
Q4 2019	42.49	129.9 %	0.77	68.62	(26.13)	(0.47)
2019	59.36	83.4 %	1.07	68.62	(9.26)	(0.17)
Q1 2020	4.39	(40.0 %)	0.08	-	4.39	0.08
Q2 2020	4.66	230.2 %	0.08	-	4.66	0.08
Q3 2020	6.53	(50.3 %)	0.12	-	6.53	0.12
Q4 2020	(36.61)	(186.2 %)	(0.66)	-	(36.61)	(0.66)
2020	(21.03)	(135.4 %)	(0.38)	-	(21.03)	(0.38)
Q1 2021	(7.60)	(273.1 %)	(0.14)	-	(7.60)	(0.14)
Q2 2021	0.00	(100.1 %)	0.00	-	0.00	0.00
Q3 2021	7.94	21.5 %	0.14	-	7.94	0.14
Q4 2021	(36.18)	1.2 %	(0.56)	(0.63)	(35.55)	(0.55)
2021	(35.85)	(70.5 %)	(0.55)	(0.63)	(35.22)	(0.54)
Q1 2022	(12.01)	(58.0 %)	(0.18)	-	(12.01)	(0.18)
Q2 2022	(10.70)	(356,666.7 %)	(0.16)	-	(10.70)	(0.16)
Q3 2022	13.80	73.8 %	0.21	-	13.80	0.21
Q4 2022	(8.71)	75.9 %	(0.13)	-	(8.71)	(0.13)
2022	(15.31)	57.3 %	(0.24)	-	(15.31)	(0.24)
Q1 2023	3.72	131.0 %	0.06	-	3.72	0.06
Q2 2023	0.32	102.9 %	0.00	(0.75)	1.06	0.02
Q3 2023	13.48	(2.3 %)	0.21	-	13.48	0.21
Q4 2023	(65.20)	(649.0 %)	(1.00)	(19.13)	(46.07)	(0.71)
2023	(47.68)	(211.4 %)	(0.73)	(19.87)	(27.81)	(0.43)
Q1 2024	65.27	1654.1 %	1.00	76.10	(10.83)	(0.17)
Q2 2024	2.61	727.4 %	0.04	-	2.61	0.04
Q3 2024	26.38	95.7 %	0.41	12.82	13.56	0.21
Q4 2024	(13.25)	79.7 %	(0.20)	2.11	(15.37)	(0.24)
2024	81.00	269.9 %	1.25	91.03	(10.03)	(0.15)
Q1 2025	1.05	(98.4 %)	0.02	-	1.05	0.02
Q2 2025	7.03	169.6 %	0.11	(7.80)	14.83	0.23
Q3 2025	26.16	(0.8 %)	0.40	16.64	9.52	0.15

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
2015	68.89	(20.0 %)	1.24	-	68.89	1.24
2016	42.00	(39.0 %)	0.76	-	42.00	0.76
2017	51.70	23.1 %	0.93	-	51.70	0.93
2018	32.36	(37.4 %)	0.58	-	32.36	0.58
2019	59.36	83.4 %	1.07	68.62	(9.26)	(0.17)
2020	(21.03)	(135.4 %)	(0.38)	-	(21.03)	(0.38)
2021	(35.85)	(70.5 %)	(0.55)	(0.63)	(35.22)	(0.54)
2022	(15.31)	57.3 %	(0.24)	-	(15.31)	(0.24)
2023	(47.68)	(211.4 %)	(0.73)	(19.87)	(27.81)	(0.43)
2024	81.00	269.9 %	1.25	91.03	(10.03)	(0.15)

Profitability

Period	Gross Margin	Adjusted EBITDA margin	Net Margin Before Unusual Items
Q1 2016	24.60 %	13.91 %	8.89 %
Q2 2016	23.12 %	12.00 %	6.39 %
Q3 2016	23.74 %	12.50 %	7.14 %
Q4 2016	23.11 %	11.74 %	6.67 %
2016	23.11 %	11.74 %	6.67 %
Q1 2017	22.29 %	11.39 %	6.40 %
Q2 2017	23.50 %	12.64 %	8.23 %
Q3 2017	23.53 %	13.71 %	7.96 %
Q4 2017	25.81 %	15.15 %	7.28 %
2017	25.81 %	15.24 %	7.28 %
Q1 2018	25.73 %	14.72 %	6.69 %
Q2 2018	22.30 %	12.86 %	4.24 %
Q3 2018	22.61 %	12.31 %	3.65 %
Q4 2018	19.40 %	11.00 %	4.03 %
2018	19.66 %	10.99 %	4.03 %
Q1 2019	19.48 %	12.19 %	4.33 %
Q2 2019	19.75 %	13.54 %	4.68 %
Q3 2019	19.15 %	13.60 %	4.20 %
Q4 2019	15.87 %	9.73 %	(1.07 %)
2019	15.87 %	9.73 %	(1.07 %)
Q1 2020	16.04 %	9.35 %	(1.41 %)
Q2 2020	17.37 %	10.66 %	(0.47 %)
Q3 2020	16.90 %	10.12 %	(1.29 %)
Q4 2020	15.76 %	8.15 %	(2.67 %)
2020	15.76 %	8.15 %	(2.67 %)
Q1 2021	14.57 %	6.88 %	(4.24 %)
Q2 2021	14.78 %	5.85 %	(4.76 %)
Q3 2021	13.54 %	6.47 %	(4.43 %)
Q4 2021	19.25 %	8.04 %	(4.18 %)
2021	17.43 %	8.04 %	(4.18 %)
Q1 2022	18.24 %	7.58 %	(4.63 %)
Q2 2022	17.95 %	7.37 %	(5.80 %)
Q3 2022	18.33 %	7.36 %	(5.07 %)
Q4 2022	16.20 %	11.97 %	(2.01 %)
2022	16.56 %	12.83 %	(1.75 %)
Q1 2023	18.07 %	14.48 %	(0.22 %)
Q2 2023	19.12 %	15.74 %	1.13 %
Q3 2023	22.06 %	17.20 %	1.03 %
Q4 2023	22.78 %	14.04 %	(2.83 %)
2023	22.78 %	14.04 %	(2.83 %)
Q1 2024	21.73 %	12.60 %	(4.04 %)
Q2 2024	21.46 %	12.39 %	(3.71 %)
Q3 2024	20.30 %	11.91 %	(3.57 %)
Q4 2024	20.49 %	12.64 %	(0.88 %)
2024	20.49 %	12.64 %	(0.88 %)
Q1 2025	21.11 %	13.66 %	0.16 %
Q2 2025	21.24 %	14.29 %	1.18 %
Q3 2025	20.21 %	13.50 %	0.84 %

Period	Gross Margin	Adjusted EBITDA margin	Net Margin Before Unusual Items
2015	24.82 %	14.26 %	9.49 %
2016	23.11 %	11.74 %	6.67 %
2017	25.81 %	15.24 %	7.28 %
2018	19.66 %	10.99 %	4.03 %
2019	15.87 %	9.73 %	(1.07 %)
2020	15.76 %	8.15 %	(2.67 %)
2021	17.43 %	8.04 %	(4.18 %)
2022	16.56 %	12.83 %	(1.75 %)
2023	22.78 %	14.04 %	(2.83 %)
2024	20.49 %	12.64 %	(0.88 %)

Period	Gross Margin	Adjusted EBITDA margin	Net Margin Before Unusual Items
Q1 2016	21.24 %	10.83 %	4.79 %
Q2 2016	14.75 %	4.71 %	(2.32 %)
Q3 2016	26.23 %	15.60 %	13.02 %
Q4 2016	29.42 %	15.27 %	10.58 %
Q1 2017	18.15 %	9.51 %	3.81 %
Q2 2017	20.55 %	10.52 %	6.02 %
Q3 2017	25.84 %	19.00 %	11.10 %
Q4 2017	37.71 %	20.69 %	7.73 %
Q1 2018	19.04 %	8.79 %	2.15 %
Q2 2018	6.10 %	2.74 %	(4.38 %)
Q3 2018	26.59 %	16.28 %	8.16 %
Q4 2018	23.49 %	14.54 %	8.53 %
Q1 2019	19.34 %	13.50 %	3.42 %
Q2 2019	8.96 %	9.63 %	(1.78 %)
Q3 2019	24.27 %	16.54 %	6.29 %
Q4 2019	11.27 %	0.52 %	(10.89 %)
Q1 2020	20.03 %	11.97 %	2.05 %
Q2 2020	14.37 %	15.74 %	2.57 %
Q3 2020	23.10 %	14.96 %	3.55 %
Q4 2020	6.11 %	(8.43 %)	(17.60 %)
Q1 2021	15.69 %	7.31 %	(3.69 %)
Q2 2021	15.21 %	10.99 %	0.00 %
Q3 2021	17.25 %	16.18 %	3.76 %
Q4 2021	27.61 %	(1.18 %)	(15.30 %)
Q1 2022	11.95 %	5.57 %	(5.47 %)
Q2 2022	14.15 %	9.89 %	(5.21 %)
Q3 2022	18.80 %	15.79 %	6.26 %
Q4 2022	19.57 %	16.21 %	(3.74 %)
Q1 2023	19.47 %	15.69 %	1.79 %
Q2 2023	18.61 %	15.22 %	0.50 %
Q3 2023	28.87 %	20.76 %	4.96 %
Q4 2023	22.52 %	5.75 %	(15.78 %)
Q1 2024	16.22 %	9.78 %	(3.95 %)
Q2 2024	18.08 %	13.85 %	1.00 %
Q3 2024	23.67 %	17.90 %	4.35 %
Q4 2024	23.24 %	8.66 %	(5.21 %)
Q1 2025	18.91 %	14.02 %	0.36 %
Q2 2025	18.96 %	16.37 %	5.03 %
Q3 2025	19.72 %	14.90 %	3.07 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
Q1 2016	55.42	1.13	1.13	9.62
Q2 2016	55.42	0.77	0.77	8.83
Q3 2016	55.42	0.83	0.83	9.19
Q4 2016	55.42	0.76	0.76	9.47
Q1 2017	55.42	0.73	0.73	9.58
Q2 2017	55.42	0.98	0.98	9.38
Q3 2017	55.42	1.00	1.00	9.75
Q4 2017	55.42	0.93	0.93	9.80
Q1 2018	55.42	0.89	0.89	10.11
Q2 2018	55.42	0.57	0.57	9.35
Q3 2018	55.42	0.51	0.51	9.66
Q4 2018	55.42	0.58	0.58	9.87
Q1 2019	55.42	0.64	0.64	10.02
Q2 2019	55.42	0.71	0.71	9.97
Q3 2019	55.42	0.64	0.64	10.20
Q4 2019	55.42	1.07	(0.17)	10.84
Q1 2020	55.42	1.02	(0.22)	10.68
Q2 2020	55.42	1.17	(0.07)	10.59
Q3 2020	55.42	1.05	(0.19)	11.54
Q4 2020	55.42	(0.38)	(0.38)	10.70
Q1 2021	55.42	(0.60)	(0.60)	10.79
Q2 2021	55.42	(0.68)	(0.68)	11.48
Q3 2021	55.42	(0.65)	(0.65)	11.94
Q4 2021	65.00	(0.55)	(0.54)	11.34
Q1 2022	65.00	(0.62)	(0.61)	12.52
Q2 2022	65.00	(0.78)	(0.77)	10.35
Q3 2022	65.00	(0.69)	(0.68)	10.84
Q4 2022	65.00	(0.27)	(0.27)	8.80
Q1 2023	65.00	(0.03)	(0.03)	8.82
Q2 2023	65.00	0.14	0.15	8.54
Q3 2023	65.00	0.14	0.15	8.17
Q4 2023	65.00	(0.73)	(0.43)	6.88
Q1 2024	65.00	0.21	(0.65)	7.94
Q2 2024	65.00	0.25	(0.63)	7.82
Q3 2024	65.00	0.45	(0.63)	8.35
Q4 2024	65.00	1.25	(0.15)	7.90
Q1 2025	65.00	0.26	0.03	8.04
Q2 2025	65.00	0.33	0.22	8.17
Q3 2025	65.00	0.32	0.15	8.57

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
2015	55.42	1.24	1.24	9.47
2016	55.42	0.76	0.76	9.47
2017	55.42	0.93	0.93	9.80
2018	55.42	0.58	0.58	9.87
2019	55.42	1.07	(0.17)	10.84
2020	55.42	(0.38)	(0.38)	10.70
2021	65.00	(0.55)	(0.54)	11.34
2022	65.00	(0.24)	(0.24)	8.80
2023	65.00	(0.73)	(0.43)	6.88
2024	65.00	1.25	(0.15)	7.90

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Recurring P/E	Price/book
Q1 2016	21.78	21.78	2.56
Q2 2016	30.63	30.63	2.67
Q3 2016	14.79	14.79	1.33
Q4 2016	22.20	22.20	1.78
Q1 2017	22.04	22.04	1.68
Q2 2017	14.46	14.46	1.51
Q3 2017	17.95	17.95	1.83
Q4 2017	18.02	18.02	1.72
Q1 2018	18.39	18.39	1.63
Q2 2018	26.16	26.16	1.59
Q3 2018	22.76	22.76	1.19
Q4 2018	21.23	21.23	1.26
Q1 2019	20.47	20.47	1.31
Q2 2019	17.54	17.54	1.26
Q3 2019	19.64	19.64	1.23
Q4 2019	12.34	NEG	1.22
Q1 2020	12.28	NEG	1.17
Q2 2020	10.93	NEG	1.20
Q3 2020	23.44	NEG	2.13
Q4 2020	NEG	NEG	2.00
Q1 2021	NEG	NEG	2.20
Q2 2021	NEG	NEG	2.56
Q3 2021	NEG	NEG	2.27
Q4 2021	NEG	NEG	1.62
Q1 2022	NEG	NEG	1.49
Q2 2022	NEG	NEG	1.39
Q3 2022	NEG	NEG	1.33
Q4 2022	NEG	NEG	1.56
Q1 2023	NEG	NEG	1.87
Q2 2023	More than 100	More than 100	2.78
Q3 2023	More than 100	More than 100	2.34
Q4 2023	NEG	NEG	3.74
Q1 2024	More than 100	NEG	3.42
Q2 2024	More than 100	NEG	3.93
Q3 2024	64.86	NEG	3.47
Q4 2024	25.56	NEG	4.03
Q1 2025	More than 100	More than 100	3.69
Q2 2025	78.18	More than 100	3.12
Q3 2025	80.58	More than 100	3.04

Period	P/E	Recurring P/E	Price/book
2015	23.48	23.48	3.08
2016	22.20	22.20	1.78
2017	18.02	18.02	1.72
2018	21.23	21.23	1.26
2019	12.34	NEG	1.22
2020	NEG	NEG	2.00
2021	NEG	NEG	1.62
2022	NEG	NEG	1.56
2023	NEG	NEG	3.74
2024	25.56	NEG	4.03

Business Segments (Million)

Compared With The

Period	Call Centers	Schools	management projects	training	University	Language	Financial & Administrational Training	Computer	Other
Q1 2016	61.74	15.00	-	-	29.04	15.16	16.68	28.54	-
Q2 2016	-	13.86	-	-	24.34	11.06	10.06	26.55	-
Q3 2016	-	17.93	-	-	19.50	17.30	8.00	28.70	-
Q4 2016	-	22.83	-	-	20.07	12.62	26.13	24.02	-
Q1 2017	73.65	27.36	-	-	18.81	13.02	13.85	20.87	-
Q2 2017	-	18.14	-	-	17.00	23.53	14.16	20.55	-
Q3 2017	-	21.81	-	-	13.02	33.97	12.88	28.68	-
Q4 2017	-	28.64	-	-	26.12	28.74	20.53	34.39	-
Q1 2018	82.49	30.74	-	-	22.33	16.31	23.45	23.06	-
Q2 2018	-	17.14	-	-	20.37	11.69	23.16	20.73	-
Q3 2018	-	34.70	-	-	15.97	22.10	25.05	31.84	-
Q4 2018	-	26.19	-	-	25.98	19.17	26.65	30.78	-
Q1 2019	92.61	30.18	-	-	25.66	15.59	18.76	31.35	-
Q2 2019	90.81	30.32	-	-	22.23	10.39	17.79	29.71	-
Q3 2019	87.75	33.86	-	-	18.69	22.50	18.78	27.23	-
Q4 2019	93.82	32.73	-	-	27.28	16.14	26.87	43.14	-
Q1 2020	88.62	43.44	-	-	26.72	13.31	17.03	24.63	-
Q2 2020	-	34.17	-	-	22.27	7.41	10.90	13.04	-
Q3 2020	-	24.65	-	-	19.08	6.03	16.91	25.39	-
Q1 2021	101.20	25.91	20.49	36.10	22.17	-	-	-	-
Q2 2021	-	26.01	5.36	46.11	18.21	-	-	-	-
Q3 2021	-	30.94	15.79	57.03	17.64	-	-	-	-
Q4 2021	-	35.83	60.15	(19.67)	62.96	-	-	-	-
Q1 2022	96.73	36.81	25.63	19.58	40.67	-	-	-	-
Q1 2023	81.90	53.44	8.07	31.12	33.80	-	-	-	-
Q2 2023	82.96	-	11.78	-	-	-	-	-	-
Q3 2023	104.77	-	18.77	-	-	-	-	-	-
Q4 2023	127.41	-	13.52	54.84	31.54	-	-	-	-
Q1 2024	120.10	66.15	17.83	37.84	32.39	-	-	-	-
Q2 2024	114.83	65.60	17.53	33.03	31.08	-	-	-	-
Q3 2024	133.75	81.22	16.09	51.75	28.98	-	-	-	-
Q4 2024	141.48	62.22	10.05	50.73	30.46	-	-	-	-
Q1 2025	138.99	74.37	8.87	35.08	30.63	-	-	-	-
Q2 2025	144.75	72.18	8.34	40.60	29.02	-	-	-	-
Q3 2025	156.13	60.77	14.10	56.68	22.50	-	-	-	-

Period	Call Centers	Schools	management projects	training	University	Language	Financial & Administrational Training	Computer	Other
2015	229.09	48.33	-	-	157.83	78.51	54.18	158.03	-
2016	242.98	69.63	-	-	92.95	56.14	60.88	107.39	-
2017	273.91	95.96	-	-	74.96	99.26	61.41	104.49	-
2018	335.12	108.76	-	-	84.65	69.27	98.31	106.40	-
2019	364.99	127.09	-	-	93.86	64.62	82.20	131.43	-
2020	383.18	128.16	67.98	122.61	92.33	-	-	-	-
2021	381.76	118.69	101.79	119.58	120.97	-	-	-	-
2022	373.48	179.01	45.07	131.57	148.08	-	-	-	-
2023	397.04	239.18	52.14	169.29	126.00	-	-	-	-
2024	510.17	275.20	61.49	173.35	122.90	-	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	1,108.90
Enterprise Value (EV) (M Riyal)	1,644.77
Shares Outstanding ((M))	65.00
EPS ( Riyal) (TTM)	0.23
Book Value (BV) ( Riyal)	7.85
Par Value ( Riyal)	10.00
Recurring P/E	More than 100
P/E (TTM)	73.04
Price/book	2.17
Return on Average Assets (%) (TTM)	0.7
Return on Average Equity (%) (TTM)	3.0
EV/adj EBITDA	10.40
EV/Revenues	1.35

Alkhaleej Training and Education Co. (ALKHALEEJ TRNG)

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Alkhaleej Training earns SAR 34.2M in 9M 2025, SAR 26.2M in Q3

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Financials (M)

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Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

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Per Share Data (Riyal)

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Alkhaleej Training earns SAR 34.2M in 9M 2025, SAR 26.2M in Q3

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q3 2025

Revenue by Business Segment (Latest) 2025 Q3

Financial Ratios

Share Price

Alkhaleej Training and Education Co. (ALKHALEEJ TRNG)

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