Financial Results : Americana posts 15% profit rise to SAR 507.7M in 9M 2025, SAR 160.9M in Q3

Americana posts 15% profit rise to SAR 507.7M in 9M 2025, SAR 160.9M in Q3

02/11/2025 Argaam Exclusive

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Americana Restaurants International PLC reported a net profit of SAR 507.7 million for the first nine months of 2025, up 15% from SAR 440.2 million during the same period in 2024.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 6,029.22 6,898.88 14.4 %
Gross Income 3,195.08 3,703.60 15.9 %
Operating Income 510.70 642.30 25.8 %
Net Income 440.18 507.71 15.3 %
Average Shares 8,423.63 8,423.63 -
Earnings Per Share before unusual items (Halala) 5.23 6.03 15.3 %
EPS (Halala) 5.23 6.03 15.3 %

Americana said that topline jumped 14.4% year-on-year (YoY) on better revenues from the food and beverage segment on expansion in the restaurant portfolio and other initiatives.

 

EBITDA also increased by nearly 18.2% YoY to SAR 1.55 billion. Americana also reported higher other income despite a decline in finance income, along with higher finance costs and Zakat expenses.

 

Additionally, last year’s results included one-off positive items of $7.2 million for marketing exemptions. This amount was received in Q1 2024.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 2,081.36 2,335.25 12.2 %
Gross Income 1,112.68 1,266.66 13.8 %
Operating Income 177.42 217.05 22.3 %
Net Income 140.33 160.91 14.7 %
Average Shares 8,423.63 8,423.63 -
Earnings Per Share before unusual items (Halala) 1.67 1.91 14.7 %
EPS (Halala) 1.67 1.91 14.7 %

In Q3 2025, net profit rose by 15% to SAR 160.9 million, from SAR 140.3 million in the prior-year period.

 

Compared to Q2 2025, bottom line dropped 28.3% from SAR 224.37 million.

 

Total shareholders’ equity, after minority interest, stood at SAR 1.51 billion as of Sept. 30, 2025, up from SAR 1.36 billion a year earlier.

 

Attached Documents:

 



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 2,024.14 - 1,075.61 - 247.35 -
Q4 2021 2,039.35 - 1,069.89 - 229.19 -
Q1 2022 2,165.91 - 1,159.59 - 300.49 -
Q2 2022 2,153.82 - 1,112.19 - 272.68 -
Q3 2022 2,321.66 14.7 % 1,177.89 9.5 % 282.43 14.2 %
Q4 2022 2,278.16 11.7 % 1,163.10 8.7 % 261.48 14.1 %
Q1 2023 2,210.34 2.1 % 1,127.01 (2.8 %) 249.28 (17.0 %)
Q2 2023 2,445.23 13.5 % 1,292.49 16.2 % 361.27 32.5 %
Q3 2023 2,458.28 5.9 % 1,298.11 10.2 % 327.51 16.0 %
Q4 2023 1,935.41 (15.0 %) 1,013.24 (12.9 %) 149.67 (42.8 %)
Q1 2024 1,850.64 (16.3 %) 953.28 (15.4 %) 116.61 (53.2 %)
Q2 2024 2,097.23 (14.2 %) 1,129.13 (12.6 %) 216.66 (40.0 %)
Q3 2024 2,081.36 (15.3 %) 1,112.68 (14.3 %) 177.42 (45.8 %)
Q4 2024 2,208.59 14.1 % 1,182.65 16.7 % 220.38 47.2 %
Q1 2025 2,150.19 16.2 % 1,136.02 19.2 % 151.65 30.0 %
Q2 2025 2,413.44 15.1 % 1,300.92 15.2 % 273.59 26.3 %
Q3 2025 2,335.25 12.2 % 1,266.66 13.8 % 217.05 22.3 %


Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Halala)
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 229.59 - 2.73 - 229.59 2.73
Q4 2021 185.13 - 2.20 - 185.13 2.20
Q1 2022 269.90 - 3.20 - 269.90 3.20
Q2 2022 184.85 - 2.19 (95.56) 280.41 3.33
Q3 2022 279.56 21.8 % 3.32 2.18 277.38 3.29
Q4 2022 237.79 28.4 % 2.82 8.87 228.92 2.72
Q1 2023 217.98 (19.2 %) 2.59 - 217.98 2.59
Q2 2023 324.89 75.8 % 3.86 - 324.89 3.86
Q3 2023 307.24 9.9 % 3.65 - 307.24 3.65
Q4 2023 122.88 (48.3 %) 1.46 (14.32) 137.21 1.63
Q1 2024 105.09 (51.8 %) 1.25 - 105.09 1.25
Q2 2024 194.76 (40.1 %) 2.31 - 194.76 2.31
Q3 2024 140.33 (54.3 %) 1.67 - 140.33 1.67
Q4 2024 155.17 26.3 % 1.84 (40.24) 195.41 2.32
Q1 2025 122.43 16.5 % 1.45 - 122.43 1.45
Q2 2025 224.37 15.2 % 2.66 - 224.37 2.66
Q3 2025 160.91 14.7 % 1.91 - 160.91 1.91

Profitability

Period Gross Margin Adjusted EBITDA margin Net Margin Before Unusual Items
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 52.69 % 21.88 % 11.51 %
Q3 2022 52.06 % 21.82 % 11.67 %
Q4 2022 51.72 % 21.76 % 11.85 %
Q1 2023 51.10 % 21.46 % 11.21 %
Q2 2023 51.43 % 22.16 % 11.34 %
Q3 2023 51.97 % 22.54 % 11.49 %
Q4 2023 52.28 % 22.48 % 10.91 %
Q1 2024 52.44 % 22.32 % 10.06 %
Q2 2024 52.67 % 21.75 % 8.92 %
Q3 2024 52.84 % 21.12 % 7.25 %
Q4 2024 53.14 % 21.54 % 7.72 %
2024 53.14 % 21.54 % 7.72 %
Q1 2025 53.42 % 21.41 % 7.65 %
Q2 2025 53.45 % 21.63 % 7.71 %
Q3 2025 53.65 % 21.77 % 7.72 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Earnings Per Share before unusual items (Halala) Book Value (BV)
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 8,423.63 - - 0.05
Q4 2021 8,423.63 - - 0.06
Q1 2022 8,423.63 - - 0.04
Q2 2022 8,423.63 10.32 11.46 0.06
Q3 2022 8,423.63 10.92 12.02 0.10
Q4 2022 8,423.63 11.54 12.54 0.13
Q1 2023 8,423.63 10.92 11.93 0.10
Q2 2023 8,423.63 12.59 12.46 0.15
Q3 2023 8,423.63 12.91 12.81 0.18
Q4 2023 8,423.63 11.55 11.72 0.20
Q1 2024 8,423.63 10.21 10.38 0.21
Q2 2024 8,423.63 8.67 8.84 0.15
Q3 2024 8,423.63 6.68 6.85 0.16
Q4 2024 8,423.63 7.07 7.55 0.18
Q1 2025 8,423.63 7.27 7.75 0.19
Q2 2025 8,423.63 7.63 8.10 0.16
Q3 2025 8,423.63 7.87 8.35 0.18

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 26.43 24.32 24.08
Q1 2023 36.98 33.87 38.54
Q2 2023 34.08 34.44 29.57
Q3 2023 32.44 32.71 23.19
Q4 2023 27.96 27.56 16.51
Q1 2024 32.61 32.08 16.16
Q2 2024 36.58 35.88 21.34
Q3 2024 40.99 39.97 16.91
Q4 2024 32.26 30.22 12.98
Q1 2025 30.80 28.90 11.73
Q2 2025 30.16 28.39 14.30
Q3 2025 25.67 24.20 11.21

Business Segments (Million)

Compared With The
Period Food and Beverages Real Estate Rental Revenues Other Revenues
Q1 2022 2,162.51 3.41 -
Q2 2022 2,149.95 3.87 -
Q3 2022 2,318.34 3.32 -
Q4 2022 2,275.22 2.94 -
Q1 2023 2,208.11 2.23 -
Q2 2023 2,442.97 2.26 -
Q3 2023 2,455.77 2.51 -
Q4 2023 1,923.74 2.51 9.16
Q1 2024 1,840.04 2.21 8.39
Q2 2024 2,085.55 1.77 9.91
Q3 2024 2,073.29 1.67 6.41
Q4 2024 2,203.72 1.26 3.61
Q1 2025 2,143.92 1.65 4.62
Q2 2025 2,405.76 2.18 5.50
Q3 2025 2,326.53 2.27 6.44

Analysts Estimates (Million)

Item Profit (Expected) Profit (Actual) Change
Average 198.08 160.91

Estimates vs Actual (Million)

Item Profit (Expected) Profit (Actual) Change‬
SNB Capital 161.25 160.91
United Securities Company 176.25 160.91
AlJazira Capital 195.40 160.91
Sico 221.25 160.91
GIB Capital 236.25 160.91

Current
Market Cap (M Riyal) 16,004.91
Enterprise Value (EV) (M Riyal) 14,885.21
Shares Outstanding ((M)) 8,423.63
EPS (Halala) (TTM) 9.75
Book Value (BV) ( Riyal) 0.22
Par Value ( Halala) 7.50
Recurring P/E 19.48
P/E (TTM) 19.48
Price/book 8.73
Return on Average Assets (%) (TTM) 13.5
Return on Average Equity (%) (TTM) 49.6
EV/adj EBITDA 6.87
EV/Revenues 1.58

Americana Restaurants International PLC - Foreign Company (AMERICANA)


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