Logo of Ataa Educational Co.
Ataa Educational Co. announced that the number of students enrolled in its educational complexes grew by 6% year-on-year (YoY) to 44,860 in the fiscal year ended July 31, 2023, according to the company’s latest investor presentation.
Revenue from national schools were the largest contributor to total revenue with SAR 330.50 million, or 49.6%.
International schools came second with SAR 196.82 million, or 29.6% of total revenue, as shown below:
|
Revenue Breakdown by School in FY 2022/23 (SAR mln) |
||
|
School |
Revenue |
Percentage of Total |
|
National |
330.50 |
49.6% |
|
International |
196.82 |
29.6 % |
|
Indian |
71.87 |
10.8 % |
|
French |
37.71 |
5.7 % |
|
Alfaisal - Training |
18.87 |
2.8 % |
|
Creative - Recruitment |
10.26 |
1.5 % |
|
Total |
666.04 |
100% |
Ataa reported a net profit of SAR 67.8 million in FY 2022/23, compared to SAR 70.6 million a year earlier. The fourth-quarter bottom line came in at SAR 26.5 million, Argaam earlier reported.
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