Development Works Food swings to SAR 1.3M profit in 2024; Q4 loss at SAR 1.3M

01/05/2025 Argaam Exclusive

View other reports

Development Works Food Co. turned to a net profit of SAR 1.3 million in 2024, after minority interest, from SAR 5.2 million in net losses a year earlier.

Financials (M)

Item	2023	2024	Change‬
Revenues	89.11	97.36	9.3 %
Gross Income	2.67	6.41	140.2 %
Operating Income	(6.64)	(1.38)	79.2 %
Net Income	(5.17)	1.30	125.1 %
Average Shares	3.00	3.00	-
Earnings Per Share before unusual items (Riyals)	(1.72)	(0.12)	93.3 %
EPS (Riyal)	(1.72)	0.43	125.1 %

Net profit, before minority interest, reached SAR 1.3 million by the end of 2024, compared to SAR 5.1 million in 2023.

The annual profit growth was driven by a 9% year-on-year (YoY) increase in the 2024 sales, attributed to the launch of a new brand during the year.

Additionally, lower direct expenses related to the cost of sales, along with the reduced general & administrative expenses, contributed to Development Works Food’s return to profitability in 2024.

In Q4 2024, the company trimmed its loss to SAR 1.3 million, compared to SAR 3.3 million in Q4 2023.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2023	Q4 2024	Change‬
Revenues	18.38	20.70	12.6 %
Gross Income	(1.09)	(2.07)	(90.2 %)
Operating Income	(2.65)	(2.80)	(5.5 %)
Net Income	(3.29)	(1.31)	60.2 %
Average Shares	3.00	3.00	-
Earnings Per Share before unusual items (Riyal)	(1.10)	(0.98)	10.1 %
EPS (Riyal)	(1.10)	(0.44)	60.2 %

Item	Q3 2024	Q4 2024	Change‬
Revenues	25.91	20.70	(20.1 %)
Gross Income	2.66	(2.07)	(178.1 %)
Operating Income	(0.45)	(2.80)	(527.1 %)
Net Income	0.38	(1.31)	(448.3 %)
Average Shares	3.00	3.00	-
Earnings Per Share before unusual items (Riyal)	0.13	(0.98)	(886.1 %)
EPS (Riyal)	0.13	(0.44)	(448.3 %)

On a sequential basis, the company turned to losses from a net profit of SAR 380,000 in Q3 2024.

Total shareholders’ equity, after minority interest, dropped marginally to SAR 22.27 million by the end of 2024, compared to SAR 20.92 million a year earlier.

View More Financial Results

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
Q1 2015	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-
Q4 2015	-	-	-	-	-	-
2015	5.79	471.2 %	1.93	-	5.79	1.93
Q1 2016	0.84	-	0.28	-	0.84	0.28
Q2 2016	1.60	-	0.53	-	1.60	0.53
Q3 2016	1.76	-	0.59	-	1.76	0.59
Q4 2016	(6.86)	-	(2.29)	-	(6.86)	(2.29)
2016	5.30	(8.3 %)	1.77	-	5.30	1.77
Q1 2017	1.04	23.7 %	0.35	-	1.04	0.35
Q2 2017	2.63	64.4 %	0.88	-	2.63	0.88
Q3 2017	2.25	27.6 %	0.75	-	2.25	0.75
Q4 2017	1.97	128.7 %	0.66	-	1.97	0.66
2017	7.89	48.7 %	2.63	-	7.89	2.63
Q1 2018	1.34	28.4 %	0.45	-	1.34	0.45
Q2 2018	2.69	2.4 %	0.90	-	2.69	0.90
Q3 2018	2.31	2.9 %	0.77	-	2.31	0.77
Q4 2018	1.40	(28.8 %)	0.47	-	1.40	0.47
2018	7.74	(1.9 %)	2.58	-	7.74	2.58
Q1 2019	1.46	8.8 %	0.49	-	1.46	0.49
Q2 2019	2.24	(16.6 %)	0.75	-	2.24	0.75
Q3 2019	2.47	6.7 %	0.82	-	2.47	0.82
Q4 2019	2.47	75.6 %	0.82	-	2.47	0.82
2019	8.63	11.5 %	2.88	-	8.63	2.88
Q1 2020	(3.92)	(369.3 %)	(1.31)	-	(3.92)	(1.31)
Q2 2020	(2.09)	(193.2 %)	(0.70)	-	(2.09)	(0.70)
Q3 2020	0.66	(73.2 %)	0.22	-	0.66	0.22
Q4 2020	(3.05)	(223.6 %)	(1.02)	(5.18)	2.13	0.71
2020	(8.40)	(197.3 %)	(2.80)	(5.18)	(3.22)	(1.07)
Q1 2021	0.12	103.0 %	0.04	-	0.12	0.04
Q2 2021	2.55	221.8 %	0.85	-	2.55	0.85
Q3 2021	0.77	16.5 %	0.26	-	0.77	0.26
Q4 2021	(1.09)	64.3 %	(0.36)	-	(1.09)	(0.36)
2021	2.35	128.0 %	0.78	-	2.35	0.78
Q1 2022	(2.29)	(2042.4 %)	(0.76)	-	(2.29)	(0.76)
Q2 2022	3.04	19.4 %	1.01	-	3.04	1.01
Q3 2022	0.44	(42.5 %)	0.15	-	0.44	0.15
Q4 2022	(4.41)	(306.4 %)	(1.47)	-	(4.41)	(1.47)
2022	(3.22)	(237.2 %)	(1.07)	-	(3.22)	(1.07)
Q1 2023	(2.73)	(19.2 %)	(0.91)	-	(2.73)	(0.91)
Q2 2023	0.32	(89.6 %)	0.11	-	0.32	0.11
Q3 2023	0.53	20.7 %	0.18	-	0.53	0.18
Q4 2023	(3.29)	25.5 %	(1.10)	-	(3.29)	(1.10)
2023	(5.17)	(60.4 %)	(1.72)	-	(5.17)	(1.72)
Q1 2024	0.69	125.3 %	0.23	-	0.69	0.23
Q2 2024	1.04	229.0 %	0.35	-	1.04	0.35
Q3 2024	0.38	(29.8 %)	0.13	-	0.38	0.13
Q4 2024	(1.31)	60.2 %	(0.44)	1.65	(2.95)	(0.98)
2024	1.30	125.1 %	0.43	1.65	(0.35)	(0.12)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
2015	5.79	471.2 %	1.93	-	5.79	1.93
2016	5.30	(8.3 %)	1.77	-	5.30	1.77
2017	7.89	48.7 %	2.63	-	7.89	2.63
2018	7.74	(1.9 %)	2.58	-	7.74	2.58
2019	8.63	11.5 %	2.88	-	8.63	2.88
2020	(8.40)	(197.3 %)	(2.80)	(5.18)	(3.22)	(1.07)
2021	2.35	128.0 %	0.78	-	2.35	0.78
2022	(3.22)	(237.2 %)	(1.07)	-	(3.22)	(1.07)
2023	(5.17)	(60.4 %)	(1.72)	-	(5.17)	(1.72)
2024	1.30	125.1 %	0.43	1.65	(0.35)	(0.12)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-
Q4 2015	-	-	-	-	-	-
2015	34.66	16.8 %	14.83	27.7 %	5.65	644.4 %
Q1 2016	8.00	-	3.55	-	0.83	-
Q2 2016	10.18	-	5.22	-	1.65	-
Q3 2016	11.55	-	6.00	-	1.71	-
Q4 2016	5.19	-	(6.82)	-	(6.82)	-
2016	34.93	0.8 %	7.96	(46.3 %)	5.33	(5.6 %)
Q1 2017	13.47	68.3 %	6.37	79.3 %	1.09	31.2 %
Q2 2017	20.46	101.1 %	4.54	(13.0 %)	2.79	68.7 %
Q3 2017	20.04	73.5 %	3.76	(37.4 %)	2.24	31.5 %
Q4 2017	28.43	447.7 %	4.20	161.6 %	1.68	124.6 %
2017	82.41	135.9 %	14.74	85.2 %	7.88	47.9 %
Q1 2018	22.70	68.5 %	3.27	(48.7 %)	1.36	25.1 %
Q2 2018	31.16	52.3 %	4.56	0.4 %	2.86	2.5 %
Q3 2018	28.69	43.1 %	4.87	29.6 %	2.47	10.2 %
Q4 2018	26.11	(8.1 %)	2.20	(47.7 %)	(1.00)	(159.7 %)
2018	108.66	31.9 %	14.94	1.3 %	5.69	(27.8 %)
Q1 2019	30.76	35.5 %	4.73	44.7 %	1.11	(18.5 %)
Q2 2019	39.94	28.2 %	6.70	46.8 %	2.26	(21.0 %)
Q3 2019	37.07	29.2 %	5.39	10.7 %	2.40	(3.2 %)
Q4 2019	-	-	-	-	3.89	487.7 %
2019	96.27	(11.4 %)	19.45	30.2 %	9.65	69.5 %
Q1 2020	26.26	(14.6 %)	(2.11)	(144.7 %)	(3.97)	(458.4 %)
Q2 2020	22.42	(43.9 %)	(0.49)	(107.2 %)	(2.17)	(196.0 %)
Q3 2020	29.68	(19.9 %)	3.60	(33.2 %)	1.53	(36.3 %)
Q4 2020	16.15	-	1.62	-	(0.74)	(119.1 %)
2020	94.50	(1.8 %)	2.62	(86.5 %)	(5.35)	(155.5 %)
Q1 2021	19.81	(24.6 %)	2.30	208.8 %	(0.86)	78.2 %
Q2 2021	24.61	9.7 %	6.03	1344.1 %	2.56	218.3 %
Q3 2021	33.16	11.8 %	3.77	4.8 %	0.28	(81.4 %)
Q4 2021	23.28	44.2 %	(2.62)	(261.9 %)	(2.21)	(198.8 %)
2021	100.86	6.7 %	9.49	261.9 %	(0.23)	95.7 %
Q1 2022	20.22	2.1 %	(0.76)	(133.2 %)	(3.60)	(317.0 %)
Q2 2022	33.81	37.4 %	5.99	(0.8 %)	3.18	24.0 %
Q3 2022	24.74	(25.4 %)	2.56	(32.1 %)	(0.25)	(188.7 %)
Q4 2022	19.88	(14.6 %)	(3.40)	(29.7 %)	(5.93)	(167.8 %)
2022	98.65	(2.2 %)	4.39	(53.7 %)	(6.61)	(2,759.7 %)
Q1 2023	19.70	(2.6 %)	(0.72)	5.4 %	(3.42)	5.1 %
Q2 2023	27.18	(19.6 %)	3.02	(49.5 %)	0.45	(85.9 %)
Q3 2023	23.86	(3.6 %)	1.46	(43.1 %)	(1.02)	(304.2 %)
Q4 2023	18.38	(7.6 %)	(1.09)	67.9 %	(2.65)	55.3 %
2023	89.11	(9.7 %)	2.67	(39.2 %)	(6.64)	(0.5 %)
Q1 2024	23.88	21.2 %	1.79	347.3 %	0.10	102.9 %
Q2 2024	26.90	(1.0 %)	3.12	3.2 %	1.08	140.1 %
Q3 2024	25.91	8.6 %	2.66	82.0 %	(0.45)	56.2 %
Q4 2024	20.70	12.6 %	(2.07)	(90.2 %)	(2.80)	(5.5 %)
2024	97.36	9.3 %	6.41	140.2 %	(1.38)	79.2 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2015	34.66	16.8 %	14.83	27.7 %	5.65	644.4 %
2016	34.93	0.8 %	7.96	(46.3 %)	5.33	(5.6 %)
2017	82.41	135.9 %	14.74	85.2 %	7.88	47.9 %
2018	108.66	31.9 %	14.94	1.3 %	5.69	(27.8 %)
2019	96.27	(11.4 %)	19.45	30.2 %	9.65	69.5 %
2020	94.50	(1.8 %)	2.62	(86.5 %)	(5.35)	(155.5 %)
2021	100.86	6.7 %	9.49	261.9 %	(0.23)	95.7 %
2022	98.65	(2.2 %)	4.39	(53.7 %)	(6.61)	(2,759.7 %)
2023	89.11	(9.7 %)	2.67	(39.2 %)	(6.64)	(0.5 %)
2024	97.36	9.3 %	6.41	140.2 %	(1.38)	79.2 %

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
2015	42.77 %	20.66 %	16.69 %
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	22.79 %	(2.71 %)	(7.62 %)
2016	22.79 %	20.09 %	15.18 %
Q1 2017	26.68 %	(1.46 %)	(6.09 %)
Q2 2017	19.92 %	1.37 %	(2.82 %)
Q3 2017	13.26 %	2.51 %	(1.60 %)
Q4 2017	22.90 %	13.73 %	9.57 %
2017	17.89 %	13.84 %	9.57 %
Q1 2018	17.21 %	13.38 %	8.93 %
Q2 2018	15.43 %	12.63 %	8.06 %
Q3 2018	15.23 %	12.41 %	7.49 %
Q4 2018	13.71 %	10.99 %	7.12 %
2018	13.75 %	10.99 %	7.12 %
Q1 2019	14.01 %	10.44 %	6.73 %
Q2 2019	14.74 %	9.82 %	5.91 %
Q3 2019	14.20 %	9.66 %	5.65 %
Q4 2019	-	-	-
2019	20.20 %	32.49 %	8.96 %
Q1 2020	-	-	-
Q2 2020	-	-	-
Q3 2020	-	-	-
Q4 2020	2.77 %	19.73 %	(3.41 %)
2020	2.77 %	19.73 %	(3.41 %)
Q1 2021	7.99 %	24.51 %	0.93 %
Q2 2021	15.02 %	35.22 %	6.05 %
Q3 2021	14.64 %	27.47 %	5.94 %
Q4 2021	9.40 %	21.89 %	2.33 %
2021	9.40 %	21.89 %	2.33 %
Q1 2022	6.34 %	22.19 %	(0.06 %)
Q2 2022	5.77 %	18.27 %	0.39 %
Q3 2022	5.06 %	19.65 %	0.10 %
Q4 2022	4.45 %	16.91 %	(3.27 %)
2022	4.45 %	16.91 %	(3.27 %)
Q1 2023	4.52 %	17.25 %	(3.73 %)
Q2 2023	1.60 %	15.47 %	(6.98 %)
Q3 2023	0.40 %	12.77 %	(6.95 %)
Q4 2023	3.00 %	13.55 %	(5.80 %)
2023	3.00 %	13.55 %	(5.80 %)
Q1 2024	5.55 %	15.63 %	(1.87 %)
Q2 2024	5.68 %	15.37 %	(1.10 %)
Q3 2024	6.81 %	16.18 %	(1.24 %)
Q4 2024	5.64 %	17.25 %	(0.87 %)
2024	6.59 %	18.00 %	(0.36 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2015	42.77 %	20.66 %	16.69 %
2016	22.79 %	20.09 %	15.18 %
2017	17.89 %	13.84 %	9.57 %
2018	13.75 %	10.99 %	7.12 %
2019	20.20 %	32.49 %	8.96 %
2020	2.77 %	19.73 %	(3.41 %)
2021	9.40 %	21.89 %	2.33 %
2022	4.45 %	16.91 %	(3.27 %)
2023	3.00 %	13.55 %	(5.80 %)
2024	6.59 %	18.00 %	(0.36 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	44.39 %	16.45 %	10.53 %
Q2 2016	51.32 %	22.31 %	15.70 %
Q3 2016	51.95 %	19.78 %	15.22 %
Q4 2016	(131.41 %)	(131.41 %)	(132.18 %)
Q1 2017	47.29 %	12.45 %	7.74 %
Q2 2017	22.20 %	17.35 %	12.84 %
Q3 2017	18.73 %	15.34 %	11.20 %
Q4 2017	14.79 %	10.60 %	6.94 %
Q1 2018	14.40 %	11.56 %	5.90 %
Q2 2018	14.64 %	13.54 %	8.63 %
Q3 2018	16.97 %	13.65 %	8.05 %
Q4 2018	8.41 %	4.54 %	5.38 %
Q1 2019	15.38 %	9.31 %	4.74 %
Q2 2019	16.77 %	10.91 %	5.62 %
Q3 2019	14.54 %	12.20 %	6.65 %
Q4 2019	-	-	-
Q1 2020	(8.04 %)	(4.67 %)	(14.94 %)
Q2 2020	(2.16 %)	4.43 %	(9.33 %)
Q3 2020	12.13 %	40.09 %	2.23 %
Q4 2020	10.02 %	43.26 %	13.20 %
Q1 2021	11.60 %	8.60 %	0.60 %
Q2 2021	24.52 %	45.50 %	10.35 %
Q3 2021	11.37 %	17.69 %	2.32 %
Q4 2021	(11.25 %)	14.21 %	(4.66 %)
Q1 2022	(3.78 %)	10.41 %	(11.33 %)
Q2 2022	17.71 %	26.35 %	8.99 %
Q3 2022	10.36 %	23.16 %	1.79 %
Q4 2022	(17.09 %)	(0.33 %)	(22.21 %)
Q1 2023	(3.67 %)	11.97 %	(13.86 %)
Q2 2023	11.13 %	22.57 %	1.16 %
Q3 2023	6.12 %	13.20 %	2.24 %
Q4 2023	(5.93 %)	2.34 %	(17.89 %)
Q1 2024	7.49 %	20.39 %	2.89 %
Q2 2024	11.61 %	21.75 %	3.86 %
Q3 2024	10.25 %	16.32 %	1.45 %
Q4 2024	(10.02 %)	8.97 %	(14.27 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
Q1 2015	-	-	-	-
Q2 2015	-	-	-	-
Q3 2015	-	-	-	-
Q4 2015	-	-	-	-
Q1 2016	3.00	-	-	4.68
Q2 2016	3.00	-	-	5.11
Q3 2016	3.00	-	-	4.48
Q4 2016	3.00	(0.89)	(0.89)	4.84
Q1 2017	3.00	(0.82)	(0.82)	5.02
Q2 2017	3.00	(0.48)	(0.48)	5.90
Q3 2017	3.00	(0.32)	(0.32)	6.65
Q4 2017	3.00	2.63	2.63	7.16
Q1 2018	3.00	2.73	2.73	7.61
Q2 2018	3.00	2.75	2.75	8.51
Q3 2018	3.00	2.77	2.77	9.28
Q4 2018	3.00	2.58	2.58	10.10
Q1 2019	3.00	2.62	2.62	10.58
Q2 2019	3.00	2.47	2.47	11.33
Q3 2019	3.00	2.52	2.52	12.15
Q4 2019	3.00	2.88	2.88	12.97
Q1 2020	3.00	1.08	1.08	11.56
Q2 2020	3.00	(0.36)	(0.36)	10.86
Q3 2020	3.00	(0.96)	(0.96)	11.08
Q4 2020	3.00	(2.80)	(1.07)	10.17
Q1 2021	3.00	(1.45)	0.27	10.21
Q2 2021	3.00	0.09	1.82	11.06
Q3 2021	3.00	0.13	1.86	11.32
Q4 2021	3.00	0.78	0.78	10.85
Q1 2022	3.00	(0.02)	(0.02)	10.09
Q2 2022	3.00	0.14	0.14	11.10
Q3 2022	3.00	0.04	0.04	11.25
Q4 2022	3.00	(1.07)	(1.07)	9.76
Q1 2023	3.00	(1.22)	(1.22)	8.85
Q2 2023	3.00	(2.13)	(2.13)	8.95
Q3 2023	3.00	(2.10)	(2.10)	9.13
Q4 2023	3.00	(1.72)	(1.72)	6.97
Q1 2024	3.00	(0.58)	(0.58)	7.20
Q2 2024	3.00	(0.34)	(0.34)	9.06
Q3 2024	3.00	(0.39)	(0.39)	9.19
Q4 2024	3.00	0.27	(0.28)	7.42

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
2015	3.00	1.93	1.93	2.30
2016	3.00	1.77	1.77	4.84
2017	3.00	2.63	2.63	7.16
2018	3.00	2.58	2.58	10.10
2019	3.00	2.88	2.88	12.97
2020	3.00	(2.80)	(1.07)	10.17
2021	3.00	0.78	0.78	10.85
2022	3.00	(1.07)	(1.07)	9.76
2023	3.00	(1.72)	(1.72)	6.97
2024	3.00	0.43	(0.12)	7.42

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	NEG	NEG	7.75
Q2 2017	NEG	NEG	5.47
Q3 2017	NEG	NEG	4.29
Q4 2017	11.05	11.05	4.06
Q1 2018	9.69	9.69	3.47
Q2 2018	10.92	10.92	3.53
Q3 2018	9.69	9.69	2.89
Q4 2018	10.66	10.66	2.72
Q1 2019	12.72	12.72	3.15
Q2 2019	15.17	15.17	3.31
Q3 2019	12.24	12.24	2.54
Q4 2019	22.86	22.86	5.07
Q1 2020	39.32	39.32	3.68
Q2 2020	NEG	NEG	4.44
Q3 2020	NEG	NEG	10.75
Q4 2020	NEG	NEG	15.45
Q1 2021	NEG	More than 100	12.65
Q2 2021	More than 100	82.28	13.53
Q3 2021	More than 100	91.63	15.02
Q4 2021	More than 100	More than 100	26.02
Q1 2022	NEG	NEG	26.36
Q2 2022	More than 100	More than 100	16.41
Q3 2022	More than 100	More than 100	17.14
Q4 2022	NEG	NEG	15.76
Q1 2023	NEG	NEG	18.06
Q2 2023	NEG	NEG	18.12
Q3 2023	NEG	NEG	11.63
Q4 2023	NEG	NEG	19.50
Q1 2024	NEG	NEG	18.35
Q2 2024	NEG	NEG	13.90
Q3 2024	NEG	NEG	13.93
Q4 2024	More than 100	NEG	17.78

Period	P/E	Adjusted P/E	Price/book
2015	-	-	-
2016	-	-	-
2017	11.05	11.05	4.06
2018	10.66	10.66	2.72
2019	22.86	22.86	5.07
2020	NEG	NEG	15.45
2021	More than 100	More than 100	26.02
2022	NEG	NEG	15.76
2023	NEG	NEG	19.50
2024	More than 100	NEG	17.78

Business Segments (Million)

Compared With The

Period	Juice Time trade mark sales	Quiznos trade mark sales	Sales of vegetables and fruits	Beef Shots sales	Juice time plus	Jamarti Brand sales
Q1 2023	16.73	1.70	1.27	-	-	-
Q2 2023	25.77	1.78	(0.37)	-	-	-
Q3 2023	21.56	1.83	0.46	-	-	-
Q4 2023	17.56	1.88	(1.36)	0.29	-	-
Q1 2024	20.79	1.61	-	1.48	-	-
Q2 2024	22.68	1.58	0.69	1.93	0.02	-
Q3 2024	21.14	1.70	0.42	2.59	0.06	-
Q4 2024	16.42	1.69	-	2.57	0.02	-

Period	Juice Time trade mark sales	Quiznos trade mark sales	Sales of vegetables and fruits	Beef Shots sales	Juice time plus	Jamarti Brand sales
2022	88.23	6.31	3.12	-	-	0.99
2023	81.63	7.19	-	0.29	-	-
2024	82.12	6.57	-	8.58	0.09	-

Financial Ratios

	Current
Market Cap (M Riyal)	299.40
Enterprise Value (EV) (M)	304.11
Shares Outstanding ((M))	3.00
EPS ( Riyal) (TTM)	0.51
Book Value (BV) ( Riyal)	7.90
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	More than 100
Price/book	12.64
Return on Average Assets (%) (TTM)	2.0
Return on Average Equity (%) (TTM)	6.7

Development Works Food Co. (DWF)

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

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.

Development Works Food swings to SAR 1.3M profit in 2024; Q4 loss at SAR 1.3M

View other reports

Financials (M)

Current Quarter Comparison (M)

Profit Performance (Million)

Profit Performance (Million)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2024 Q4

Financial Ratios

Share Price

Development Works Food Co. (DWF)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

×

Development Works Food swings to SAR 1.3M profit in 2024; Q4 loss at SAR 1.3M

View other reports

Financials (M)

Current Quarter Comparison (M)

Profit Performance (Million)

Profit Performance (Million)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q4 2024

Revenue by Business Segment (Latest) 2024 Q4

Financial Ratios

Share Price

Development Works Food Co. (DWF)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Business Segments (Million)