MBC Group posts SAR 109.5M profit in Q1 2024

MBC Group posts SAR 109.5M profit in Q1 2024

16/05/2024 Argaam Exclusive

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MBC Group Co. reported a net profit of SAR 109.5 million in Q1 2024, compared to a net loss of SAR 22.9 million a year ago.


Current Quarter Comparison (M)

Compared With The
Item Q1 2023 Q1 2024 Change‬
Revenues 909.00 1,235.75 35.9 %
Gross Income 160.00 344.91 115.6 %
Operating Income (49.84) 64.31 229.0 %
Net Income (22.91) 109.50 577.9 %
Average Shares 299.25 332.50 11.1 %
EPS (Riyals) (0.08) 0.33 530.1 %

The improved results were supported by a 36% leap in total revenues, as well as a 116% surge in gross profit. The group also cited a net profit margin of 10% against a negative margin of -2% a year earlier.

 
The Group does not have comparative figures for the current reporting period, as it was incorporated on April 20, 2023.
 
Shareholders’ equity, after minority interest, reached SAR 3.88 billion by March 31, 2024, with no comparative data.
 
Attached Document:
 

View more financial results

 


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2015 - - - - - - -
Q2 2015 - - - - - - -
Q3 2015 - - - - - - -
Q4 2015 - - - - - - -
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 909.00 - 160.00 - (22.91) - (0.08)
Q2 2023 981.01 - 288.27 - 69.18 - 0.23
Q3 2023 - - - - - - -
Q4 2023 - - - - - - -
Q1 2024 1,235.75 35.9 % 344.91 115.6 % 109.50 577.9 % 0.33

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
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 - - -


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
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 299.25 - - -
Q2 2023 299.25 - - 10.00
Q3 2023 - - - -
Q4 2023 299.25 - - 12.63
Q1 2024 332.50 - - 11.68

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 - - -
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 - - 4.87

Business Segments (Million)

Compared With The
Period Broadcasting and Other Commercial Activities Shahid M&E Initiatives MBC Studios others Eliminations
Q1 2023 551.28 172.46 185.34 - - -
Q1 2024 774.88 298.19 162.68 - - -


Financial Ratios
Current
Market Cap (M Riyal) 14,147.88
Enterprise Value (EV) (M) 13,432.35
Shares Outstanding ((M)) 332.50
EPS ( Riyal) (TTM) -
Book Value (BV) ( Riyal) 11.68
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) -
P/E (TTM) -
Price/book 3.64
Return on Average Assets (%) (TTM) -
Return on Average Equity (%) (TTM) -
more

Share Price

MBC Group Co.
42.90
(0.60) (1.38 %)

MBC Group Co. (MBC GROUP)

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