Financial Results : Sport Clubs Q1 2025 profit falls 15% to SAR 3.4M

Sport Clubs Q1 2025 profit falls 15% to SAR 3.4M

04/06/2025 Argaam Exclusive

View other reports

Sport Clubs Co., set to launch IPO on TASI, posted net earnings of SAR 3.4 million by the end of Q1 2025, down 15% from SAR 4 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 69.63 82.44 18.4 %
Gross Income 17.36 17.21 (0.8 %)
Operating Income 9.89 10.16 2.7 %
Net Income 4.00 3.41 (14.9 %)
Average Shares 104.00 104.00 -
Earnings Per Share before unusual items (Riyal) 0.04 0.03 (11.4 %)
EPS (Riyal) 0.04 0.03 (14.9 %)

This was attributed to lower revenues from spa subscription services segment, as well as a decline in margins due to an increase in the cost-to-revenue ratio. This was in addition to higher finance and Zakat costs.

 

Sequentially, the three-month net earnings dropped 76.5% from SAR 14.46 million in Q4 2024.

 

Shareholders' equity, with no minority interest, reached SAR 171.1 million by the end of Q1 2025, up from SAR 146.6 million a year before.

View More Financial Results

 


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 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 - - - - - -
Q3 2023 74.09 - 25.04 - 17.13 -
Q4 2023 75.00 - 22.71 - 19.56 -
Q1 2024 69.63 - 17.36 - 9.89 -
Q2 2024 70.87 - 17.53 - 11.25 -
Q3 2024 97.87 32.1 % 31.54 26.0 % 24.50 43.0 %
Q4 2024 89.05 18.7 % 32.13 41.5 % 23.57 20.5 %
Q1 2025 82.44 18.4 % 17.21 (0.8 %) 10.16 2.7 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
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 - - - - - -
Q1 2023 - - - - - -
Q2 2023 - - - - - -
Q3 2023 12.51 - 0.12 - 12.51 0.12
Q4 2023 11.00 - 0.11 (2.75) 13.75 0.13
Q1 2024 4.00 - 0.04 - 4.00 0.04
Q2 2024 5.37 - 0.05 2.05 3.32 0.03
Q3 2024 16.26 30.1 % 0.16 - 16.26 0.16
Q4 2024 14.46 31.5 % 0.14 - 14.46 0.14
Q1 2025 3.41 (14.9 %) 0.03 (0.14) 3.55 0.03

Profitability

Period Gross Margin OIBDA 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 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 28.53 % - 11.59 %
Q3 2024 28.44 % - 11.91 %
Q4 2024 30.10 % - 11.62 %
2024 30.10 % 40.93 % 11.63 %
Q1 2025 28.92 % - 11.05 %


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 - - - -
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 - - - -
Q1 2023 - - - -
Q2 2023 - - - -
Q3 2023 104.00 - - 1.29
Q4 2023 104.00 - - 1.38
Q1 2024 104.00 - - 1.41
Q2 2024 104.00 0.32 0.32 1.43
Q3 2024 104.00 0.35 0.36 1.50
Q4 2024 104.00 0.39 0.37 1.62
Q1 2025 104.00 0.38 0.36 1.65

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 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 - - -
Q3 2024 - - -
Q4 2024 - - -
Q1 2025 - - -

Business Segments (Million)

Compared With The
Period Men’s fitness centers Women’s fitness centers Sport solutions
Q4 2023 53.18 19.72 2.10
Q1 2024 47.28 20.81 1.54
Q2 2024 46.20 19.72 4.96
Q3 2024 57.66 25.76 14.46
Q4 2024 55.89 27.28 5.87
Q1 2025 46.08 19.44 16.92


Financial Ratios
Current
Market Cap (M Riyal) 1,181.75
Enterprise Value (EV) (M Riyal) 1,335.31
Shares Outstanding ((M)) 114.40
EPS ( Riyal) (TTM) 0.39
Book Value (BV) ( Riyal) 1.70
Par Value ( Riyal) 1.00
Recurring P/E 28.42
P/E (TTM) 28.82
Price/book 6.68
Return on Average Assets (%) (TTM) -
Return on Average Equity (%) (TTM) 25.2
EV/adj EBITDA -
EV/Revenues 3.77
more

Share Price

Sport Clubs Co.
10.33
(0.15) (1.43 %)

Sport Clubs Co. (SPORT CLUBS)

More

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.