eXtra’s profit jumps 35% to SAR 356.8M in 9M 2024; Q3 at SAR 156.3M

08/10/2024 Argaam Exclusive

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United Electronics Co. (eXtra) generated a net profit of SAR 356.8 million in the first nine months of 2024, a rise of 35% from SAR 264.4 million in the year-earlier period.

Financials (M)

Item	9m 2023	9m 2024	Change‬
Revenues	4,641.03	5,106.13	10.0 %
Gross Income	993.80	1,126.62	13.4 %
Operating Income	377.19	411.81	9.2 %
Net Income	264.38	356.79	35.0 %
Average Shares	80.00	80.00	-
EPS (Riyals)	3.30	4.46	35.0 %

The company's revenues increased by 10% year-on-year (YoY) in 9M 2024 to SAR 5.10 billion, driven by the growth in the retail segment sales on stable demand in the Saudi market, and a rise in consumer finance segment’s revenues.

In addition, the gross profit grew 13.9% YoY. Excluding the non-recurring losses due to the company's decision to halt expansion plans in Egypt during the same period last year and the reversal of provisions for potential obligations related to the retail segment amounting to SAR 16.3 million during the current period, the adjusted net profit growth rate would be 12.6%.

The net profit of United International Holding Co., the parent company of United Company for Financial Services (Tasheel), amounted to SAR 158.1 million during the current period, compared to SAR 156.8 million a year ago.

This was despite an increase in financing, selling, distribution, general, and administrative expenses compared with 9M 2023.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2023	Q3 2024	Change‬
Revenues	1,452.18	1,603.39	10.4 %
Gross Income	334.21	390.20	16.8 %
Operating Income	142.65	165.64	16.1 %
Net Income	118.27	156.33	32.2 %
Average Shares	80.00	80.00	-
EPS (Riyals)	1.48	1.95	32.2 %

Item	Q2 2024	Q3 2024	Change‬
Revenues	1,921.32	1,603.39	(16.5 %)
Gross Income	390.76	390.20	(0.1 %)
Operating Income	127.57	165.64	29.8 %
Net Income	106.60	156.33	46.6 %
Average Shares	80.00	80.00	-
EPS (Riyals)	1.33	1.95	46.6 %

The third-quarter net earnings leapt 32% to SAR 156.3 million, compared with SAR 118.27 million a year earlier, as revenues rose 10.4% YoY to SAR 1.60 billion.

Meanwhile, Q3 2024 net earnings jumped 46.6% from SAR 106.60 million in Q2 2024, on high profit margin and reversal of provisions worth SAR 16.3 million for potential obligations no longer needed.

Total shareholders' equity, with no minority interest, reached SAR 1.35 billion as of Sept. 30, 2024, up from SAR 1.13 billion a year before.

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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 %	1,366.58	8.0 %	509.94	5.3 %
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 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	3,689.36	8.9 %	620.76	3.2 %	125.79	(27.0 %)
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 %	1,366.58	8.0 %	509.94	5.3 %

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

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	121.04	(27.7 %)	1.51	-	121.04	1.51
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

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	22.04 %	10.07 %	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 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	16.83 %	4.60 %	3.28 %
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	22.04 %	10.07 %	6.91 %

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 %

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

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	80.00	1.51	1.51	6.47
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

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

Period	P/E	Adjusted P/E	Price/book
2014	19.84	19.84	4.64
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

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	Q3 2024 (e)	Q3 2024 (a)	Change‬
Average	115.00	156.33	35.93 %

Estimates vs Actual (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change
Goldman Sachs	122.40	156.33	27.7 %
AlJazira Capital	121.60	156.33	28.6 %
SNB Capital	121.00	156.33	29.2 %
Al Rajhi Capital	114.00	156.33	37.1 %
YAQEEN	96.00	156.33	62.8 %

Financial Ratios

	Current
Market Cap (M Riyal)	7,760.00
Enterprise Value (EV) (M)	8,994.89
Shares Outstanding ((M))	80.00
EPS ( Riyal) (TTM)	6.04
Book Value (BV) ( Riyal)	16.97
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	16.63
P/E (TTM)	16.07
Price/book	5.72
Return on Average Assets (%) (TTM)	10.6
Return on Average Equity (%) (TTM)	38.7

United Electronics Co. (EXTRA)

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eXtra’s profit jumps 35% to SAR 356.8M in 9M 2024; Q3 at SAR 156.3M

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Financials (M)

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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 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

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eXtra’s profit jumps 35% to SAR 356.8M in 9M 2024; Q3 at SAR 156.3M

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 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

United Electronics Co. (EXTRA)

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Business Segments (Million)