Raoom net profit up 24% to SAR 30.7 mln in 2022

02/03/2023 Argaam Exclusive

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Raoom Trading Co. posted a net profit of SAR 30.7 million in 2022, a 23.6% increase from SAR 24.9 million a year earlier.

Financials (M)

Item	2021	2022	Change‬
Revenues	110.19	135.23	22.7 %
Gross Income	38.00	43.71	15.0 %
Operating Income	27.58	34.14	23.8 %
Net Income	24.88	30.74	23.6 %
Average Shares	6.25	6.25	-
EPS (Riyals)	3.98	4.92	23.6 %

The positive performance was driven by higher sales and profit margins.

Current Half Annual Comparison (M)

Compared With The

Item	H2 2021	H2 2022	Change‬
Revenues	54.47	70.19	28.8 %
Gross Income	15.81	21.72	37.4 %
Operating Income	10.76	16.48	53.2 %
Net Income	9.49	14.50	52.9 %
Average Shares	6.25	6.25	-
EPS (Riyals)	1.52	2.32	52.9 %

Item	H1 2022	H2 2022	Change‬
Revenues	65.04	70.19	7.9 %
Gross Income	21.99	21.72	(1.2 %)
Operating Income	17.66	16.48	(6.7 %)
Net Income	16.24	14.50	(10.7 %)
Average Shares	6.25	6.25	-
EPS (Riyals)	2.60	2.32	(10.7 %)

Shareholders’ equity, no minority interest, increased to SAR 107.08 million as of Dec. 31, 2022, compared to SAR 95.45 million a year earlier.

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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	-	-	-	-	-	-
H1 2019	-	-	-	-	-	-
H2 2019	-	-	-	-	-	-
2019	96.65	-	30.95	-	20.88	-
H1 2020	55.67	-	22.09	-	17.64	-
H2 2020	53.19	-	17.28	-	11.30	-
2020	108.86	12.6 %	39.36	27.2 %	28.94	38.6 %
H1 2021	55.72	0.1 %	22.18	0.4 %	16.82	(4.6 %)
H2 2021	54.47	2.4 %	15.81	(8.5 %)	10.76	(4.8 %)
2021	110.19	1.2 %	38.00	(3.5 %)	27.58	(4.7 %)
H1 2022	65.04	16.7 %	21.99	(0.9 %)	17.66	5.0 %
H2 2022	70.19	28.8 %	21.72	37.4 %	16.48	53.2 %
2022	135.23	22.7 %	43.71	15.0 %	34.14	23.8 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	-	-	-	-	-	-
2019	96.65	-	30.95	-	20.88	-
2020	108.86	12.6 %	39.36	27.2 %	28.94	38.6 %
2021	110.19	1.2 %	38.00	(3.5 %)	27.58	(4.7 %)
2022	135.23	22.7 %	43.71	15.0 %	34.14	23.8 %

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	-	-	-	-	-	-
H1 2019	-	-	-	-	-	-
H2 2019	-	-	-	-	-	-
2019	17.05	-	2.73	-	17.05	2.73
H1 2020	16.05	-	2.57	-	16.05	2.57
H2 2020	10.02	-	1.60	-	10.02	1.60
2020	26.07	52.9 %	4.17	-	26.07	4.17
H1 2021	15.40	(4.1 %)	2.46	-	15.40	2.46
H2 2021	9.49	(5.3 %)	1.52	-	9.49	1.52
2021	24.88	(4.5 %)	3.98	-	24.88	3.98
H1 2022	16.24	5.5 %	2.60	-	16.24	2.60
H2 2022	14.50	52.9 %	2.32	-	14.50	2.32
2022	30.74	23.6 %	4.92	-	30.74	4.92

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	-	-	-	-	-	-
2019	17.05	-	2.73	-	17.05	2.73
2020	26.07	52.9 %	4.17	-	26.07	4.17
2021	24.88	(4.5 %)	3.98	-	24.88	3.98
2022	30.74	23.6 %	4.92	-	30.74	4.92

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	-	-	-
H1 2019	-	-	-
H2 2019	-	-	-
2019	32.02 %	30.47 %	17.64 %
H1 2020	-	-	-
H2 2020	36.16 %	34.07 %	23.95 %
2020	36.16 %	34.07 %	23.95 %
H1 2021	36.23 %	31.95 %	23.34 %
H2 2021	34.48 %	30.09 %	22.58 %
2021	34.48 %	30.09 %	22.58 %
H1 2022	31.63 %	28.37 %	21.52 %
H2 2022	32.32 %	29.26 %	22.73 %
2022	32.32 %	29.26 %	22.73 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	32.02 %	30.47 %	17.64 %
2020	36.16 %	34.07 %	23.95 %
2021	34.48 %	30.09 %	22.58 %
2022	32.32 %	29.26 %	22.73 %

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	-	-	-
H2 2019	-	-	-
H1 2020	39.68 %	39.38 %	28.83 %
H2 2020	32.48 %	28.50 %	18.84 %
H1 2021	39.81 %	35.25 %	27.63 %
H2 2021	29.03 %	24.82 %	17.42 %
H1 2022	33.80 %	31.34 %	24.97 %
H2 2022	30.95 %	27.33 %	20.67 %

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	-	-	-	-
H2 2019	-	-	-	-
H1 2020	6.25	-	-	-
H2 2020	6.25	4.17	4.17	13.87
H1 2021	6.25	4.07	4.07	14.09
H2 2021	6.25	3.98	3.98	15.27
H1 2022	6.25	4.12	4.12	16.87
H2 2022	6.25	4.92	4.92	17.13

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	-	-	-	-
2014	-	-	-	-
2015	-	-	-	-
2016	-	-	-	-
2017	-	-	-	-
2018	-	-	-	-
2019	6.25	2.73	2.73	22.31
2020	6.25	4.17	4.17	13.87
2021	6.25	3.98	3.98	15.27
2022	6.25	4.92	4.92	17.13

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	-	-	-
H1 2022	28.94	28.94	7.06
H2 2022	22.97	22.97	6.60

Period	P/E	Adjusted P/E	Price/book
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	-	-	-
2020	-	-	-
2021	-	-	-
2022	22.97	22.97	6.60

Business Segments (Million)

Compared With The

Period	Glass	Plastic and acrylic
Q2 2022	46.44	18.60
Q4 2022	57.56	12.63

Period	Glass	Plastic and acrylic
2022	104.00	31.23

Financial Ratios

	Current
Market Cap (M Riyal)	1,116.25
Enterprise Value (EV) (M)	1,036.70
Shares Outstanding ((M))	6.25
Book Value (BV) ( Riyal)	21.83
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	38.05
Price/book	8.18

Raoom Trading Co. (RAOOM)

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Raoom net profit up 24% to SAR 30.7 mln in 2022

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

Raoom Trading Co. (RAOOM)

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Raoom net profit up 24% to SAR 30.7 mln in 2022

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

Raoom Trading Co. (RAOOM)

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Business Segments (Million)