eXtra profit up at SAR 534.5M in 2024; Q4 at SAR 177.7M

08/01/2025 Argaam Exclusive

View other reports

United Electronics Company (eXtra) reported SAR 534.5 million in net profit in 2024, an increase of 37% from SAR 390.5 million a year earlier.

Financials (M)

Item	2023	2024	Change‬
Revenues	6,200.69	6,780.89	9.4 %
Gross Income	1,361.88	1,559.14	14.5 %
Operating Income	480.64	595.11	23.8 %
Net Income	390.46	534.53	36.9 %
Average Shares	80.00	80.00	-
EPS (Riyals)	4.88	6.68	36.9 %

This was spurred by the rise in eXtra’s revenue. In addition, the company noted an increase in retail sector sales driven by improved shopping experience and growth in e-commerce segment, which contributed to higher sales volumes.

Consumer finance income grew, supported by a 28.4% increase in the consumer finance portfolio.

This came despite higher selling, distribution, and general and administrative expenses.

Excluding the impact of non-recurring events — discontinuation Egypt expansion plans, reversal of SAR 16.3 million in provisions, and debt recovery of SAR 10.5 million resulting in the reversal of provisions for previously granted debts by United Electronics Company in the retail sector — net profit grew 18.5%.

Q4 2024 net earnings jumped 41% to SAR 177.7 million, compared to SAR 126.08 million in the year-earlier period.

Revenue grew 7.4% year-on-year to SAR 1.67 billion due to an increase in sales volume in retail and e-commerce segments.

It is worth noting that the net profit for the current quarter included SAR 10.5 million from the reversal of provisions after recovering amounts previously associated with debts granted by United Electronics Company in the retail sector.

Excluding the financial impact of this reversal, the adjusted net profit growth would be 32.6%.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2023	Q4 2024	Change‬
Revenues	1,559.66	1,674.76	7.4 %
Gross Income	372.78	432.52	16.0 %
Operating Income	132.75	183.30	38.1 %
Net Income	126.08	177.74	41.0 %
Average Shares	80.00	80.00	-
EPS (Riyals)	1.58	2.22	41.0 %

Item	Q3 2024	Q4 2024	Change‬
Revenues	1,603.39	1,674.76	4.5 %
Gross Income	390.20	432.52	10.8 %
Operating Income	165.64	183.30	10.7 %
Net Income	156.33	177.74	13.7 %
Average Shares	80.00	80.00	-
EPS (Riyals)	1.95	2.22	13.7 %

On a quarterly basis, net profit rose 13.7% from SAR 156.3 million.

Total shareholders’ equity, no minority interest, stood at SAR 1.68 billion, by Dec. 31, 2024, compared to SAR 1.28 billion a year earlier.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	871.71	8.0 %	134.11	(7.4 %)	17.45	(43.1 %)
Q2 2015	879.50	(10.6 %)	138.51	(17.5 %)	13.12	(76.6 %)
Q3 2015	719.66	(11.0 %)	128.60	(10.7 %)	11.99	(60.4 %)
Q4 2015	1,273.91	17.0 %	176.00	7.4 %	12.59	44.5 %
2015	3,744.79	1.5 %	577.54	(7.0 %)	55.14	(56.2 %)
Q1 2016	742.91	(14.8 %)	97.51	(27.3 %)	(44.71)	(356.3 %)
Q2 2016	881.27	0.2 %	145.33	4.9 %	12.16	(7.3 %)
Q3 2016	745.45	3.6 %	133.06	3.5 %	11.94	(0.4 %)
Q4 2016	1,387.04	8.9 %	213.39	21.2 %	44.13	250.6 %
2016	3,756.67	0.3 %	589.29	2.0 %	23.51	(57.4 %)
Q1 2017	804.67	8.3 %	134.40	37.8 %	14.03	131.4 %
Q2 2017	1,013.91	15.1 %	172.29	18.6 %	44.08	262.5 %
Q3 2017	777.96	4.4 %	150.59	13.2 %	28.11	135.5 %
Q4 2017	1,613.25	16.3 %	253.04	18.6 %	70.08	58.8 %
2017	4,209.78	12.1 %	710.33	20.5 %	156.30	564.8 %
Q1 2018	864.61	7.4 %	152.75	13.6 %	25.19	79.5 %
Q2 2018	1,015.36	0.1 %	185.12	7.4 %	51.47	16.8 %
Q3 2018	894.82	15.0 %	172.16	14.3 %	34.07	21.2 %
Q4 2018	1,619.28	0.4 %	269.38	6.5 %	69.27	(1.2 %)
2018	4,394.08	4.4 %	779.61	9.8 %	180.00	15.2 %
Q1 2019	1,057.51	22.3 %	187.98	23.1 %	47.41	88.2 %
Q2 2019	1,161.50	14.4 %	226.46	22.3 %	73.08	42.0 %
Q3 2019	1,034.56	15.6 %	185.82	7.9 %	38.40	12.7 %
Q4 2019	1,881.04	16.2 %	300.93	11.7 %	89.88	29.8 %
2019	5,134.60	16.9 %	901.18	15.6 %	248.77	38.2 %
Q1 2020	1,232.25	16.5 %	220.77	17.4 %	53.24	12.3 %
Q2 2020	1,550.86	33.5 %	276.12	21.9 %	118.47	62.1 %
Q3 2020	1,224.52	18.4 %	225.59	21.4 %	70.32	83.1 %
Q4 2020	1,954.69	3.9 %	316.83	5.3 %	112.10	24.7 %
2020	5,962.32	16.1 %	1,039.30	15.3 %	354.14	42.4 %
Q1 2021	1,364.33	10.7 %	260.21	17.9 %	96.15	80.6 %
Q2 2021	1,328.79	(14.3 %)	289.79	5.0 %	108.12	(8.7 %)
Q3 2021	1,373.10	12.1 %	280.17	24.2 %	101.91	44.9 %
Q4 2021	1,767.41	(9.6 %)	353.48	11.6 %	146.65	30.8 %
2021	5,833.63	(2.2 %)	1,183.65	13.9 %	452.83	27.9 %
Q1 2022	1,411.98	3.5 %	290.17	11.5 %	113.62	18.2 %
Q2 2022	1,700.41	28.0 %	320.90	10.7 %	124.24	14.9 %
Q3 2022	1,372.71	0.0 %	300.21	7.2 %	102.88	1.0 %
Q4 2022	1,545.96	(12.5 %)	353.78	0.1 %	143.41	(2.2 %)
2022	6,031.07	3.4 %	1,265.06	6.9 %	484.15	6.9 %
Q1 2023	1,438.14	1.9 %	313.88	8.2 %	108.70	(4.3 %)
Q2 2023	1,749.73	2.9 %	344.72	7.4 %	124.86	0.5 %
Q3 2023	1,452.18	5.8 %	334.21	11.3 %	142.65	38.7 %
Q4 2023	1,559.66	0.9 %	372.78	5.4 %	132.75	(7.4 %)
2023	6,200.69	2.8 %	1,361.88	7.7 %	480.64	(0.7 %)
Q1 2024	1,581.42	10.0 %	345.66	10.1 %	118.60	9.1 %
Q2 2024	1,921.32	9.8 %	390.76	13.4 %	127.57	2.2 %
Q3 2024	1,603.39	10.4 %	390.20	16.8 %	165.64	16.1 %
Q4 2024	1,674.76	7.4 %	432.52	16.0 %	183.30	38.1 %
2024	6,780.89	9.4 %	1,559.14	14.5 %	595.11	23.8 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2015	3,744.79	1.5 %	577.54	(7.0 %)	55.14	(56.2 %)
2016	3,756.67	0.3 %	589.29	2.0 %	23.51	(57.4 %)
2017	4,209.78	12.1 %	710.33	20.5 %	156.30	564.8 %
2018	4,394.08	4.4 %	779.61	9.8 %	180.00	15.2 %
2019	5,134.60	16.9 %	901.18	15.6 %	248.77	38.2 %
2020	5,962.32	16.1 %	1,039.30	15.3 %	354.14	42.4 %
2021	5,833.63	(2.2 %)	1,183.65	13.9 %	452.83	27.9 %
2022	6,031.07	3.4 %	1,265.06	6.9 %	484.15	6.9 %
2023	6,200.69	2.8 %	1,361.88	7.7 %	480.64	(0.7 %)
2024	6,780.89	9.4 %	1,559.14	14.5 %	595.11	23.8 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	16.08	(45.0 %)	0.20	-	16.08	0.20
Q2 2015	11.83	(78.0 %)	0.15	-	11.83	0.15
Q3 2015	12.20	(59.0 %)	0.15	-	12.20	0.15
Q4 2015	9.07	9.7 %	0.11	-	9.07	0.11
2015	49.18	(59.4 %)	0.61	-	49.18	0.61
Q1 2016	(45.89)	(385.4 %)	(0.57)	-	(45.89)	(0.57)
Q2 2016	11.02	(6.8 %)	0.14	-	11.02	0.14
Q3 2016	6.16	(49.5 %)	0.08	(5.20)	11.36	0.14
Q4 2016	26.34	190.2 %	0.33	(15.62)	41.96	0.52
2016	(2.36)	(104.8 %)	(0.03)	(20.82)	18.46	0.23
Q1 2017	12.99	128.3 %	0.16	-	12.99	0.16
Q2 2017	43.37	293.4 %	0.54	-	43.37	0.54
Q3 2017	26.13	324.1 %	0.33	-	26.13	0.33
Q4 2017	57.65	118.9 %	0.72	(9.60)	67.25	0.84
2017	140.14	6028.0 %	1.75	(9.60)	149.74	1.87
Q1 2018	21.57	66.0 %	0.27	-	21.57	0.27
Q2 2018	45.59	5.1 %	0.57	-	45.59	0.57
Q3 2018	30.95	18.5 %	0.39	-	30.95	0.39
Q4 2018	63.08	9.4 %	0.79	-	63.08	0.79
2018	161.19	15.0 %	2.01	-	161.19	2.01
Q1 2019	33.83	56.8 %	0.42	-	33.83	0.42
Q2 2019	72.46	58.9 %	0.91	17.47	54.99	0.69
Q3 2019	27.23	(12.0 %)	0.34	4.50	22.73	0.28
Q4 2019	72.09	14.3 %	0.90	-	72.09	0.90
2019	205.61	27.6 %	2.57	21.97	183.64	2.30
Q1 2020	34.68	2.5 %	0.43	-	34.68	0.43
Q2 2020	90.38	24.7 %	1.13	-	90.38	1.13
Q3 2020	53.44	96.2 %	0.67	-	53.44	0.67
Q4 2020	101.64	41.0 %	1.27	-	101.64	1.27
2020	280.14	36.2 %	3.50	-	280.14	3.50
Q1 2021	81.20	134.1 %	1.01	-	81.20	1.01
Q2 2021	100.50	11.2 %	1.26	-	100.50	1.26
Q3 2021	89.00	66.6 %	1.11	-	89.00	1.11
Q4 2021	126.14	24.1 %	1.58	-	126.14	1.58
2021	396.83	41.7 %	4.96	-	396.83	4.96
Q1 2022	97.51	20.1 %	1.22	-	97.51	1.22
Q2 2022	127.12	26.5 %	1.59	17.36	109.76	1.37
Q3 2022	94.16	5.8 %	1.18	2.78	91.38	1.14
Q4 2022	121.39	(3.8 %)	1.52	-	121.39	1.52
2022	440.17	10.9 %	5.50	20.14	420.04	5.25
Q1 2023	84.44	(13.4 %)	1.06	-	84.44	1.06
Q2 2023	61.67	(51.5 %)	0.77	(38.00)	99.67	1.25
Q3 2023	118.27	25.6 %	1.48	-	118.27	1.48
Q4 2023	126.08	3.9 %	1.58	-	126.08	1.58
2023	390.46	(11.3 %)	4.88	(38.00)	428.46	5.36
Q1 2024	93.86	11.2 %	1.17	-	93.86	1.17
Q2 2024	106.60	72.9 %	1.33	-	106.60	1.33
Q3 2024	156.33	32.2 %	1.95	16.30	140.03	1.75
Q4 2024	177.74	41.0 %	2.22	10.50	167.24	2.09
2024	534.53	36.9 %	6.68	26.80	507.73	6.35

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2015	49.18	(59.4 %)	0.61	-	49.18	0.61
2016	(2.36)	(104.8 %)	(0.03)	(20.82)	18.46	0.23
2017	140.14	6028.0 %	1.75	(9.60)	149.74	1.87
2018	161.19	15.0 %	2.01	-	161.19	2.01
2019	205.61	27.6 %	2.57	21.97	183.64	2.30
2020	280.14	36.2 %	3.50	-	280.14	3.50
2021	396.83	41.7 %	4.96	-	396.83	4.96
2022	440.17	10.9 %	5.50	20.14	420.04	5.25
2023	390.46	(11.3 %)	4.88	(38.00)	428.46	5.36
2024	534.53	36.9 %	6.68	26.80	507.73	6.35

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	16.25 %	4.19 %	2.87 %
Q2 2015	15.91 %	3.15 %	1.81 %
Q3 2015	15.88 %	2.72 %	1.36 %
Q4 2015	15.41 %	2.71 %	1.31 %
2015	15.42 %	2.71 %	1.31 %
Q1 2016	14.95 %	1.10 %	(0.35 %)
Q2 2016	15.13 %	1.00 %	(0.38 %)
Q3 2016	15.15 %	1.01 %	(0.40 %)
Q4 2016	15.69 %	1.78 %	0.49 %
2016	15.69 %	1.78 %	0.49 %
Q1 2017	16.40 %	3.25 %	2.03 %
Q2 2017	16.53 %	4.02 %	2.78 %
Q3 2017	16.84 %	4.36 %	3.12 %
Q4 2017	16.87 %	4.76 %	3.56 %
2017	16.87 %	4.76 %	3.56 %
Q1 2018	17.07 %	4.96 %	3.71 %
Q2 2018	17.36 %	5.09 %	3.76 %
Q3 2018	17.39 %	5.08 %	3.77 %
Q4 2018	17.74 %	5.02 %	3.67 %
2018	17.74 %	5.02 %	3.67 %
Q1 2019	17.76 %	5.57 %	3.78 %
Q2 2019	18.08 %	6.11 %	3.86 %
Q3 2019	17.85 %	6.32 %	3.58 %
Q4 2019	17.55 %	6.79 %	3.58 %
2019	17.55 %	6.79 %	3.58 %
Q1 2020	17.59 %	6.76 %	3.47 %
Q2 2020	17.26 %	7.19 %	3.86 %
Q3 2020	17.38 %	7.55 %	4.26 %
Q4 2020	17.43 %	7.76 %	4.70 %
2020	17.43 %	7.76 %	4.70 %
Q1 2021	17.70 %	8.25 %	5.36 %
Q2 2021	18.60 %	8.34 %	5.73 %
Q3 2021	19.05 %	8.63 %	6.18 %
Q4 2021	20.29 %	9.49 %	6.80 %
2021	20.29 %	9.49 %	6.80 %
Q1 2022	20.64 %	9.76 %	7.02 %
Q2 2022	19.91 %	9.50 %	6.76 %
Q3 2022	20.23 %	9.58 %	6.79 %
Q4 2022	20.98 %	9.83 %	6.96 %
2022	20.98 %	9.83 %	6.96 %
Q1 2023	21.28 %	9.74 %	6.72 %
Q2 2023	21.49 %	9.66 %	6.50 %
Q3 2023	21.77 %	10.17 %	6.85 %
Q4 2023	22.03 %	10.06 %	6.91 %
2023	21.96 %	9.60 %	6.91 %
Q1 2024	22.03 %	10.00 %	6.90 %
Q2 2024	22.16 %	9.84 %	6.83 %
Q3 2024	22.49 %	9.94 %	7.00 %
Q4 2024	22.99 %	-	7.49 %
2024	22.99 %	-	7.49 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2015	15.42 %	2.71 %	1.31 %
2016	15.69 %	1.78 %	0.49 %
2017	16.87 %	4.76 %	3.56 %
2018	17.74 %	5.02 %	3.67 %
2019	17.55 %	6.79 %	3.58 %
2020	17.43 %	7.76 %	4.70 %
2021	20.29 %	9.49 %	6.80 %
2022	20.98 %	9.83 %	6.96 %
2023	21.96 %	9.60 %	6.91 %
2024	22.99 %	-	7.49 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	15.38 %	3.32 %	1.84 %
Q2 2015	15.75 %	2.81 %	1.34 %
Q3 2015	17.87 %	3.27 %	1.70 %
Q4 2015	13.82 %	1.91 %	0.71 %
Q1 2016	13.13 %	(4.41 %)	(6.18 %)
Q2 2016	16.49 %	2.38 %	1.25 %
Q3 2016	17.85 %	3.23 %	1.52 %
Q4 2016	15.38 %	3.94 %	3.02 %
Q1 2017	16.70 %	3.02 %	1.61 %
Q2 2017	16.99 %	5.50 %	4.28 %
Q3 2017	19.36 %	5.01 %	3.36 %
Q4 2017	15.69 %	5.06 %	4.17 %
Q1 2018	17.67 %	4.11 %	2.50 %
Q2 2018	18.23 %	6.04 %	4.49 %
Q3 2018	19.24 %	4.94 %	3.46 %
Q4 2018	16.64 %	4.91 %	3.90 %
Q1 2019	17.78 %	6.64 %	3.20 %
Q2 2019	19.50 %	8.21 %	4.73 %
Q3 2019	17.96 %	6.06 %	2.20 %
Q4 2019	16.00 %	6.39 %	3.83 %
Q1 2020	17.92 %	6.56 %	2.81 %
Q2 2020	17.80 %	9.40 %	5.83 %
Q3 2020	18.42 %	7.97 %	4.36 %
Q4 2020	16.21 %	7.07 %	5.20 %
Q1 2021	19.07 %	8.86 %	5.95 %
Q2 2021	21.81 %	10.02 %	7.56 %
Q3 2021	20.40 %	9.27 %	6.48 %
Q4 2021	20.00 %	9.76 %	7.14 %
Q1 2022	20.55 %	9.97 %	6.91 %
Q2 2022	18.87 %	9.01 %	6.46 %
Q3 2022	21.87 %	9.66 %	6.66 %
Q4 2022	22.88 %	10.77 %	7.85 %
Q1 2023	21.83 %	9.57 %	5.87 %
Q2 2023	19.70 %	8.74 %	5.70 %
Q3 2023	23.01 %	11.84 %	8.14 %
Q4 2023	23.90 %	10.33 %	8.08 %
Q1 2024	21.86 %	9.37 %	5.94 %
Q2 2024	20.34 %	8.33 %	5.55 %
Q3 2024	24.34 %	12.06 %	8.73 %
Q4 2024	25.83 %	-	9.99 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	80.00	1.35	1.35	6.67
Q2 2015	80.00	0.82	0.82	6.61
Q3 2015	80.00	0.60	0.60	6.53
Q4 2015	80.00	0.61	0.61	6.65
Q1 2016	80.00	(0.16)	(0.16)	6.09
Q2 2016	80.00	(0.17)	(0.17)	6.22
Q3 2016	80.00	(0.25)	(0.18)	6.31
Q4 2016	80.00	(0.03)	0.23	6.60
Q1 2017	80.00	0.71	0.97	5.87
Q2 2017	80.00	1.11	1.37	6.41
Q3 2017	80.00	1.36	1.56	6.35
Q4 2017	80.00	1.75	1.87	7.08
Q1 2018	80.00	1.86	1.98	6.68
Q2 2018	80.00	1.89	2.01	7.25
Q3 2018	80.00	1.95	2.07	7.25
Q4 2018	80.00	2.01	2.01	8.07
Q1 2019	80.00	2.17	2.17	7.46
Q2 2019	80.00	2.50	2.29	7.61
Q3 2019	80.00	2.46	2.18	7.34
Q4 2019	80.00	2.57	2.30	8.25
Q1 2020	80.00	2.58	2.31	7.91
Q2 2020	80.00	2.80	2.75	9.14
Q3 2020	80.00	3.13	3.13	9.11
Q4 2020	80.00	3.50	3.50	10.32
Q1 2021	80.00	4.08	4.08	9.77
Q2 2021	80.00	4.21	4.21	11.10
Q3 2021	80.00	4.65	4.65	10.80
Q4 2021	80.00	4.96	4.96	12.41
Q1 2022	80.00	5.16	5.16	11.81
Q2 2022	80.00	5.50	5.28	13.42
Q3 2022	80.00	5.56	5.31	12.78
Q4 2022	80.00	5.50	5.25	14.24
Q1 2023	80.00	5.34	5.09	15.31
Q2 2023	80.00	4.52	4.96	14.18
Q3 2023	80.00	4.82	5.30	14.22
Q4 2023	80.00	4.88	5.36	16.05
Q1 2024	80.00	5.00	5.47	15.37
Q2 2024	80.00	5.56	5.56	16.77
Q3 2024	80.00	6.04	5.83	16.97
Q4 2024	80.00	6.68	6.35	21.11

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2015	80.00	0.61	0.61	6.65
2016	80.00	(0.03)	0.23	6.60
2017	80.00	1.75	1.87	7.08
2018	80.00	2.01	2.01	8.07
2019	80.00	2.57	2.30	8.25
2020	80.00	3.50	3.50	10.32
2021	80.00	4.96	4.96	12.41
2022	80.00	5.50	5.25	14.24
2023	80.00	4.88	5.36	16.05
2024	80.00	6.68	6.35	21.11

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	26.44	26.44	5.35
Q2 2015	45.96	45.96	5.73
Q3 2015	34.06	34.06	3.15
Q4 2015	29.17	29.17	2.70
Q1 2016	NEG	NEG	1.91
Q2 2016	NEG	NEG	1.89
Q3 2016	NEG	NEG	1.28
Q4 2016	NEG	51.15	1.79
Q1 2017	21.61	15.79	2.60
Q2 2017	14.89	12.06	2.58
Q3 2017	17.41	15.22	3.73
Q4 2017	14.12	13.21	3.49
Q1 2018	19.10	17.94	5.31
Q2 2018	17.35	16.32	4.51
Q3 2018	17.30	16.30	4.65
Q4 2018	19.85	19.85	4.96
Q1 2019	17.32	17.32	5.03
Q2 2019	16.85	18.46	5.55
Q3 2019	18.56	20.90	6.21
Q4 2019	18.21	20.39	5.67
Q1 2020	13.88	15.53	4.53
Q2 2020	14.71	15.01	4.51
Q3 2020	16.69	16.69	5.74
Q4 2020	18.53	18.53	6.28
Q1 2021	19.29	19.29	8.06
Q2 2021	23.70	23.70	8.98
Q3 2021	22.98	22.98	9.91
Q4 2021	20.47	20.47	8.18
Q1 2022	19.32	19.32	8.45
Q2 2022	15.44	16.08	6.33
Q3 2022	14.83	15.54	6.46
Q4 2022	12.56	13.16	4.85
Q1 2023	14.55	15.27	5.08
Q2 2023	16.24	14.80	5.18
Q3 2023	15.66	14.25	5.31
Q4 2023	18.38	16.75	5.59
Q1 2024	19.01	17.36	6.18
Q2 2024	17.09	17.09	5.66
Q3 2024	15.71	16.25	5.59
Q4 2024	13.50	14.21	4.27

Period	P/E	Adjusted P/E	Price/book
2015	29.17	29.17	2.70
2016	NEG	51.15	1.79
2017	14.12	13.21	3.49
2018	19.85	19.85	4.96
2019	18.21	20.39	5.67
2020	18.53	18.53	6.28
2021	20.47	20.47	8.18
2022	12.56	13.16	4.85
2023	18.38	16.75	5.59
2024	13.50	14.21	4.27

Business Segments (Million)

Compared With The

Period	Retail / Wholesale	Consumer Finance	Other activities	Consolidation adjustments & eliminations
Q1 2020	1,214.34	18.75	2.48	(3.32)
Q2 2020	1,525.80	25.91	2.19	(3.04)
Q3 2020	1,189.03	36.33	3.38	(4.59)
Q4 2020	1,898.20	49.64	10.72	(3.51)
Q1 2021	1,304.32	61.38	3.79	(5.16)
Q2 2021	1,257.45	71.70	3.80	(4.16)
Q3 2021	1,293.20	80.45	3.87	(4.41)
Q4 2021	1,675.79	87.38	9.53	(5.28)
Q1 2022	1,318.29	94.61	4.64	(5.56)
Q2 2022	1,604.59	96.75	4.99	(5.92)
Q3 2022	1,265.96	107.01	4.99	(5.24)
Q4 2022	1,429.17	118.59	5.41	(7.21)
Q1 2023	1,316.48	122.63	5.73	(6.70)
Q2 2023	1,623.39	127.34	5.84	(6.83)
Q3 2023	1,320.90	133.25	4.54	(5.53)
Q4 2023	1,420.00	140.64	5.95	(6.93)
Q1 2024	1,442.98	139.44	6.44	(7.43)
Q2 2024	1,772.47	149.82	4.15	(5.13)
Q3 2024	1,442.74	161.69	6.72	(7.76)

Period	Retail / Wholesale	Consumer Finance	Other activities	Consolidation adjustments & eliminations
2019	5,120.24	15.58	3.26	(4.48)
2020	5,827.37	130.63	18.78	(14.47)
2021	5,530.76	300.90	20.99	(19.01)
2022	5,618.01	416.96	20.03	(23.93)
2023	5,680.76	523.86	22.06	(25.99)

Analysts Estimates (Million)

Item	Q4 2024 (e)	Q4 2024 (a)	Change‬
Average	146.55	177.74	21.28 %

Estimates vs Actual (Million)

Item	Q4 2024 (e)	Q4 2024 (a)	Change
Al Rajhi Capital	157.00	177.74	13.2 %
SNB Capital	154.00	177.74	15.4 %
AlJazira Capital	148.80	177.74	19.4 %
Goldman Sachs	126.40	177.74	40.6 %

Financial Ratios

	Current
Market Cap (M Riyal)	7,704.00
Enterprise Value (EV) (M)	8,938.89
Shares Outstanding ((M))	80.00
EPS ( Riyal) (TTM)	6.68
Book Value (BV) ( Riyal)	21.11
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	15.17
P/E (TTM)	14.41
Price/book	4.56
Return on Average Assets (%) (TTM)	11.6
Return on Average Equity (%) (TTM)	36.0

Company	Estimated	Actual	Change
EXTRA	146.55	177.74	21.3 %
ALMARAI	459.44	430.73	(6.3 %)

Company	Estimated	Actual	Change
EXTRA	146.55	177.74	21.3 %

Company	Estimated	Actual	Change
ALMARAI	459.44	430.73	(6.3 %)

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.

eXtra profit up at SAR 534.5M in 2024; Q4 at SAR 177.7M

View other reports

Financials (M)

Current Quarter 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) 2024 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

United Electronics Co. (EXTRA)

Quarterly Actuals vs Estimates 08/01/202519/01/2025

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

×

eXtra profit up at SAR 534.5M in 2024; Q4 at SAR 177.7M

View other reports

Financials (M)

Current Quarter 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) Q3 2024

Revenue by Business Segment (Latest) 2024 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

United Electronics Co. (EXTRA)

Quarterly Actuals vs Estimates 08/01/202519/01/2025

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Business Segments (Million)