MOBI 2022 profit dips 14% to SAR 13.9 mln

30/03/2023 Argaam Exclusive

View other reports

MOBI Industry Co. reported a 14% profit drop to SAR 13.9 million in 2022, from SAR 16.1 million in 2021.

Financials (M)

Item	2021	2022	Change‬
Revenues	170.38	182.39	7.1 %
Gross Income	46.89	47.21	0.7 %
Operating Income	16.82	13.87	(17.5 %)
Net Income	16.13	13.92	(13.7 %)
Average Shares	50.00	50.00	-
EPS (Riyals)	0.32	0.28	(13.7 %)

The fertilizer producer cited an increase in the cost of sales by 2.43% year-on-year (YoY) and in administrative expenses. Finance cost also rose by 232.63% YoY.

Current Half Annual Comparison (M)

Compared With The

Item	H2 2021	H2 2022	Change‬
Revenues	83.48	84.63	1.4 %
Gross Income	19.45	22.64	16.4 %
Operating Income	4.46	4.69	5.1 %
Net Income	3.92	4.45	13.4 %
Average Shares	50.00	50.00	-
EPS (Riyals)	0.08	0.09	13.4 %

Item	H1 2022	H2 2022	Change‬
Revenues	97.76	84.63	(13.4 %)
Gross Income	24.57	22.64	(7.9 %)
Operating Income	9.19	4.69	(48.9 %)
Net Income	9.48	4.45	(53.1 %)
Average Shares	50.00	50.00	-
EPS (Riyals)	0.19	0.09	(53.1 %)

Total shareholders’ equity, no minority interest, increased to SAR 66.12 million as of Dec. 31, 2022, from SAR 64.26 million a year earlier.

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
H1 2013	-	-	-	-	-	-
H2 2013	-	-	-	-	-	-
2013	-	-	-	-	-	-
H1 2014	-	-	-	-	-	-
H2 2014	-	-	-	-	-	-
2014	-	-	-	-	-	-
H1 2015	-	-	-	-	-	-
H2 2015	-	-	-	-	-	-
2015	-	-	-	-	-	-
H1 2016	-	-	-	-	-	-
H2 2016	-	-	-	-	-	-
2016	-	-	-	-	-	-
H1 2017	-	-	-	-	-	-
H2 2017	-	-	-	-	-	-
2017	-	-	-	-	-	-
H1 2018	-	-	-	-	-	-
H2 2018	-	-	-	-	-	-
2018	138.52	-	36.09	-	9.07	-
H1 2019	78.28	-	25.29	-	10.15	-
H2 2019	76.73	-	22.34	-	7.57	-
2019	155.01	11.9 %	47.63	32.0 %	17.72	95.4 %
H1 2020	96.03	22.7 %	31.35	23.9 %	11.35	11.8 %
H2 2020	84.40	10.0 %	25.73	15.2 %	6.49	(14.2 %)
2020	180.43	16.4 %	57.07	19.8 %	17.84	0.7 %
H1 2021	86.90	(9.5 %)	27.44	(12.5 %)	12.35	8.9 %
H2 2021	83.48	(1.1 %)	19.45	(24.4 %)	4.46	(31.3 %)
2021	170.38	(5.6 %)	46.89	(17.8 %)	16.82	(5.7 %)
H1 2022	97.76	12.5 %	24.57	(10.4 %)	9.19	(25.7 %)
H2 2022	84.63	1.4 %	22.64	16.4 %	4.69	5.1 %
2022	182.39	7.1 %	47.21	0.7 %	13.87	(17.5 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	138.52	-	36.09	-	9.07	-
2019	155.01	11.9 %	47.63	32.0 %	17.72	95.4 %
2020	180.43	16.4 %	57.07	19.8 %	17.84	0.7 %
2021	170.38	(5.6 %)	46.89	(17.8 %)	16.82	(5.7 %)
2022	182.39	7.1 %	47.21	0.7 %	13.87	(17.5 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
H1 2013	-	-	-	-	-	-
H2 2013	-	-	-	-	-	-
2013	-	-	-	-	-	-
H1 2014	-	-	-	-	-	-
H2 2014	-	-	-	-	-	-
2014	-	-	-	-	-	-
H1 2015	-	-	-	-	-	-
H2 2015	-	-	-	-	-	-
2015	-	-	-	-	-	-
H1 2016	-	-	-	-	-	-
H2 2016	-	-	-	-	-	-
2016	-	-	-	-	-	-
H1 2017	-	-	-	-	-	-
H2 2017	-	-	-	-	-	-
2017	-	-	-	-	-	-
H1 2018	-	-	-	-	-	-
H2 2018	-	-	-	-	-	-
2018	6.40	-	0.13	-	6.40	0.13
H1 2019	8.56	-	0.17	-	8.56	0.17
H2 2019	1.76	-	0.04	(4.83)	6.59	0.13
2019	10.32	61.2 %	0.21	(4.83)	15.15	0.30
H1 2020	11.05	29.1 %	0.22	-	11.05	0.22
H2 2020	6.33	259.3 %	0.13	-	6.33	0.13
2020	17.38	68.4 %	0.35	-	17.38	0.35
H1 2021	12.21	10.4 %	0.24	-	12.21	0.24
H2 2021	3.92	(38.0 %)	0.08	-	3.92	0.08
2021	16.13	(7.2 %)	0.32	-	16.13	0.32
H1 2022	9.48	(22.4 %)	0.19	-	9.48	0.19
H2 2022	4.45	13.4 %	0.09	-	4.45	0.09
2022	13.92	(13.7 %)	0.28	-	13.92	0.28

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	6.40	-	0.13	-	6.40	0.13
2019	10.32	61.2 %	0.21	(4.83)	15.15	0.30
2020	17.38	68.4 %	0.35	-	17.38	0.35
2021	16.13	(7.2 %)	0.32	-	16.13	0.32
2022	13.92	(13.7 %)	0.28	-	13.92	0.28

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
H1 2013	-	-	-
H2 2013	-	-	-
2013	-	-	-
H1 2014	-	-	-
H2 2014	-	-	-
2014	-	-	-
H1 2015	-	-	-
H2 2015	-	-	-
2015	-	-	-
H1 2016	-	-	-
H2 2016	-	-	-
2016	-	-	-
H1 2017	-	-	-
H2 2017	-	-	-
2017	-	-	-
H1 2018	-	-	-
H2 2018	-	-	-
2018	26.06 %	9.96 %	4.62 %
H1 2019	-	-	-
H2 2019	30.73 %	-	9.77 %
2019	30.73 %	14.91 %	9.77 %
H1 2020	31.08 %	12.61 %	10.21 %
H2 2020	31.63 %	12.83 %	9.63 %
2020	31.63 %	12.83 %	9.63 %
H1 2021	31.03 %	12.52 %	10.82 %
H2 2021	27.52 %	11.50 %	9.47 %
2021	27.52 %	11.50 %	9.47 %
H1 2022	24.29 %	9.71 %	7.39 %
H2 2022	25.89 %	9.21 %	7.63 %
2022	25.89 %	9.21 %	7.63 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	26.06 %	9.96 %	4.62 %
2019	30.73 %	14.91 %	9.77 %
2020	31.63 %	12.83 %	9.63 %
2021	27.52 %	11.50 %	9.47 %
2022	25.89 %	9.21 %	7.63 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
H1 2013	-	-	-
H2 2013	-	-	-
H1 2014	-	-	-
H2 2014	-	-	-
H1 2015	-	-	-
H2 2015	-	-	-
H1 2016	-	-	-
H2 2016	-	-	-
H1 2017	-	-	-
H2 2017	-	-	-
H1 2018	-	-	-
H2 2018	-	-	-
H1 2019	32.31 %	-	10.94 %
H2 2019	29.12 %	-	8.59 %
H1 2020	32.64 %	14.80 %	11.51 %
H2 2020	30.48 %	10.60 %	7.50 %
H1 2021	31.57 %	14.39 %	14.05 %
H2 2021	23.30 %	8.50 %	4.70 %
H1 2022	25.14 %	10.74 %	9.69 %
H2 2022	26.75 %	7.44 %	5.26 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
H1 2013	-	-	-	-
H2 2013	-	-	-	-
H1 2014	-	-	-	-
H2 2014	-	-	-	-
H1 2015	-	-	-	-
H2 2015	-	-	-	-
H1 2016	-	-	-	-
H2 2016	-	-	-	-
H1 2017	-	-	-	-
H2 2017	-	-	-	-
H1 2018	-	-	-	-
H2 2018	-	-	-	-
H1 2019	50.00	-	-	-
H2 2019	50.00	0.21	0.30	1.29
H1 2020	50.00	0.26	0.35	1.37
H2 2020	50.00	0.35	0.35	1.18
H1 2021	50.00	0.37	0.37	1.33
H2 2021	50.00	0.32	0.32	1.29
H1 2022	50.00	0.27	0.27	1.38
H2 2022	50.00	0.28	0.28	1.32

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	-	-	-	-
2014	-	-	-	-
2015	-	-	-	-
2016	-	-	-	-
2017	-	-	-	-
2018	50.00	0.13	0.13	1.36
2019	50.00	0.21	0.30	1.29
2020	50.00	0.35	0.35	1.18
2021	50.00	0.32	0.32	1.29
2022	50.00	0.28	0.28	1.32

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
H1 2013	-	-	-
H2 2013	-	-	-
H1 2014	-	-	-
H2 2014	-	-	-
H1 2015	-	-	-
H2 2015	-	-	-
H1 2016	-	-	-
H2 2016	-	-	-
H1 2017	-	-	-
H2 2017	-	-	-
H1 2018	-	-	-
H2 2018	-	-	-
H1 2019	-	-	-
H2 2019	-	-	-
H1 2020	-	-	-
H2 2020	-	-	-
H1 2021	-	-	-
H2 2021	41.17	41.17	10.33
H1 2022	27.80	27.80	5.39
H2 2022	21.55	21.55	4.54

Period	P/E	Adjusted P/E	Price/book
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	-	-	-
2020	-	-	-
2021	41.17	41.17	10.33
2022	21.55	21.55	4.54

Business Segments (Million)

Compared With The

Period	Detergents	Fertilizer	Agricultural Activity	Food sector	Plastic	Eliminations
Q2 2020	71.38	11.85	8.75	4.04	-	-
Q4 2020	67.09	8.02	5.29	6.29	-	(2.30)
Q2 2021	76.28	10.62	-	-	-	-
Q4 2021	68.57	14.91	-	-	-	-
Q2 2022	83.76	14.00	-	-	-	-
Q4 2022	77.71	6.92	-	-	-	-

Period	Detergents	Fertilizer	Agricultural Activity	Food sector	Plastic	Eliminations
2018	88.82	24.98	23.28	-	1.44	-
2019	108.24	18.52	18.35	11.74	0.91	(2.76)
2020	138.47	19.87	14.05	10.33	-	(2.30)
2021	144.84	25.53	-	-	-	-
2022	161.46	20.92	-	-	-	-

Financial Ratios

	Current
Market Cap (M Riyal)	775.00
Enterprise Value (EV) (M)	772.65
Shares Outstanding ((M))	50.00
Book Value (BV) ( Riyal)	1.31
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	25.54
Price/book	11.83

MOBI Industry Co. (MOBI INDUSTRY)

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.

MOBI 2022 profit dips 14% to SAR 13.9 mln

View other reports

Financials (M)

Current Half Annual 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)

Revenue by Business Segment (Latest) 2022 Q4

Financial Ratios

Share Price

MOBI Industry Co. (MOBI INDUSTRY)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

×

MOBI 2022 profit dips 14% to SAR 13.9 mln

View other reports

Financials (M)

Current Half Annual 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) Q4 2022

Revenue by Business Segment (Latest) 2022 Q4

Financial Ratios

Share Price

MOBI Industry Co. (MOBI INDUSTRY)

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Business Segments (Million)