Knowledge Tower profit drops 16% to SAR 5.1 mln in H1 2023/24

Knowledge Tower profit drops 16% to SAR 5.1 mln in H1 2023/24

16/11/2023 Argaam Exclusive

View other reports

Knowledge Tower Trading Co. reported a net profit drop of 16% to SAR 5.1 million for the six-month period ended Sept. 30, 2023, from SAR 6.1 million a year earlier due to higher operating expenses.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 20.94 21.42 2.3 %
Gross Income 9.07 9.14 0.8 %
Operating Income 6.22 5.23 (15.9 %)
Net Income 6.11 5.13 (16.1 %)
Average Shares 17.50 17.50 -
EPS (Riyals) 0.35 0.29 (16.1 %)


Current Half Annual Comparison (M)

Compared With The
Item H1 2022 H1 2023 Change‬
Revenues 20.94 21.42 2.3 %
Gross Income 9.07 9.14 0.8 %
Operating Income 6.22 5.23 (15.9 %)
Net Income 6.11 5.13 (16.1 %)
Average Shares 17.50 17.50 -
EPS (Riyals) 0.35 0.29 (16.1 %)

Total shareholders’ equity, no minority interest, declined to SAR 24.12 million by the end of the six-month period, from SAR 27.18 million a year earlier.

View More Financial Results

 


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
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 12.21 - 4.12 - 3.15 -
H2 2020 1.59 - 1.48 - 0.69 -
H1 2021 19.00 55.6 % 6.87 66.9 % 4.73 50.1 %
H2 2021 1.40 (12.1 %) 0.75 (49.0 %) (0.58) (184.2 %)
H1 2022 20.94 10.2 % 9.07 32.0 % 6.22 31.5 %
H2 2022 8.39 499.1 % 2.37 214.9 % (0.13) 77.4 %
H1 2023 21.42 2.3 % 9.14 0.8 % 5.23 (15.9 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
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 3.05 - 0.17 - 3.05 0.17
H2 2020 0.60 - 0.03 - 0.60 0.03
H1 2021 4.64 51.9 % 0.27 - 4.64 0.27
H2 2021 (1.06) (277.5 %) (0.06) - (1.06) (0.06)
H1 2022 6.11 31.7 % 0.35 - 6.11 0.35
H2 2022 (0.75) 29.4 % (0.04) - (0.75) (0.04)
H1 2023 5.13 (16.1 %) 0.29 - 5.13 0.29

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
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 40.51 % 29.15 % 26.45 %
H1 2021 40.52 % 27.44 % 25.42 %
H2 2021 37.35 % 22.00 % 17.55 %
H1 2022 43.96 % 27.04 % 22.61 %
H2 2022 39.00 % 22.08 % 18.29 %
H1 2023 38.62 % 18.16 % 14.70 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
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 17.50 - - 0.24
H2 2020 17.50 0.21 0.21 0.28
H1 2021 17.50 0.30 0.30 1.27
H2 2021 17.50 0.20 0.20 1.20
H1 2022 17.50 0.29 0.29 1.55
H2 2022 17.50 0.31 0.31 1.39
H1 2023 17.50 0.25 0.25 1.38

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
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 - - -
H1 2022 - - -
H2 2022 19.55 19.55 4.32
H1 2023 29.56 29.56 5.37

Business Segments (Million)

Compared With The
Period Books and Publications Books and Publications through Websites allowed discount


Financial Ratios
Current
Market Cap (M Riyal) 200.20
Enterprise Value (EV) (M) 208.26
Shares Outstanding ((M)) 17.50
Book Value (BV) ( Riyal) 1.13
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) More than 100
Price/book 10.13
more

Share Price

Knowledge Tower Trading Co.
11.44
(0.18) (1.55 %)

Knowledge Tower Trading Co. (KNOWLEDGE TOWER)

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.