Item | 2023 | 2024 | Change |
---|---|---|---|
Revenues | 5,602.93 | 5,677.69 | 1.3 % |
Gross Income | 1,809.79 | 1,893.78 | 4.6 % |
Operating Income | 354.27 | 369.06 | 4.2 % |
Net Income | 275.07 | 280.25 | 1.9 % |
Average Shares | 1,143.00 | 1,143.00 | - |
Earnings Per Share before unusual items | 0.25 | 0.25 | (1.3 %) |
EPS (Riyals) | 0.24 | 0.25 | 1.9 % |
The company posted a 1.3% revenue growth to SAR 5.67 billion in 2024, compared to SAR 5.60 billion in 2023. The profit growth was driven by the contribution of sales from new openings, positive like-for-like growth from point-of-sale customers, data-driven decisions from the loyalty program, and the contribution of sales from Jumeirah Trading Co. and Future Retail Tech, the company said in a statement to Tadawul.
The fourth-quarter net profit was down 11% to SAR 109.7 million, compared to SAR 123 million in the same period last year.
On a sequential basis, Q4 2024 net earnings soared 213.3% from SAR 35 million in Q3 2024.
Item | Q4 2023 | Q4 2024 | Change |
---|---|---|---|
Revenues | 1,451.40 | 1,425.59 | (1.8 %) |
Gross Income | 520.25 | 512.80 | (1.4 %) |
Operating Income | 132.30 | 127.33 | (3.8 %) |
Net Income | 123.00 | 109.66 | (10.8 %) |
Average Shares | 1,143.00 | 1,143.00 | - |
Earnings Per Share before unusual items | 0.11 | 0.10 | (10.8 %) |
EPS (Riyals) | 0.11 | 0.10 | (10.8 %) |
Shareholders’ equity (after minority interest) amounted to SAR 1.39 billion by the end of 2024, compared to SAR 1.39 billion in the prior-year period.
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | Earnings Per Share before unusual items |
---|---|---|---|---|---|---|
Q1 2024 | 59.66 | 15.9 % | 0.05 | - | 59.66 | 0.05 |
Q2 2024 | 72.65 | 4.8 % | 0.06 | - | 72.65 | 0.06 |
Q3 2024 | 35.00 | 0.3 % | 0.03 | - | 35.00 | 0.03 |
Q4 2024 | 109.66 | (10.8 %) | 0.10 | - | 109.66 | 0.10 |
2024 | 280.25 | 1.9 % | 0.25 | - | 280.25 | 0.25 |
Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
---|---|---|---|---|---|---|
Q1 2024 | 1,472.92 | 6.6 % | 451.04 | 8.3 % | 81.58 | 9.5 % |
Q2 2024 | 1,417.84 | 0.4 % | 480.43 | 6.3 % | 98.89 | 2.2 % |
Q3 2024 | 1,361.33 | 0.2 % | 449.51 | 6.8 % | 56.65 | 5.1 % |
Q4 2024 | 1,425.59 | (1.8 %) | 512.80 | (1.4 %) | 127.33 | (3.8 %) |
2024 | 5,677.69 | 1.3 % | 1,893.78 | 4.6 % | 369.06 | 4.2 % |
Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
---|---|---|---|
Q1 2024 | 32.38 % | 14.66 % | 5.20 % |
Q2 2024 | 32.85 % | 14.54 % | 5.09 % |
Q3 2024 | 33.33 % | 14.62 % | 5.09 % |
Q4 2024 | 33.35 % | - | 4.88 % |
2024 | 33.35 % | - | 4.94 % |
Period | Shares Outstanding (M) | EPS (Riyal) | Earnings Per Share before unusual items (Riyal) | Book Value (BV) |
---|---|---|---|---|
Q1 2024 | 1,143.00 | 0.25 | 0.26 | 1.27 |
Q2 2024 | 1,143.00 | 0.25 | 0.25 | 1.22 |
Q3 2024 | 1,143.00 | 0.25 | 0.25 | 1.26 |
Q4 2024 | 1,143.00 | 0.24 | 0.24 | 1.22 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
Q1 2024 | 35.14 | 34.07 | 6.92 |
Q2 2024 | 29.10 | 29.10 | 6.03 |
Q3 2024 | 30.71 | 30.71 | 6.19 |
Q4 2024 | 26.70 | 26.70 | 5.29 |
Q3 2024
Period | Danube markets | Bin Dawood Markets | Others |
---|---|---|---|
Q1 2024 | 934.90 | 484.00 | 54.02 |
Q2 2024 | 884.40 | 450.10 | 83.34 |
Q3 2024 | 844.40 | 361.90 | 155.00 |
Item | Q4 2024 (e) | Q4 2024 (a) | Change |
---|---|---|---|
Average | 72.94 | 109.66 | 50.34 % |
Item | Q4 2024 (e) | Q4 2024 (a) | Change |
---|---|---|---|
AlJazira Capital | 74.70 | 109.66 | 31.9 % |
Riyad Capital | 74.00 | 109.66 | 32.5 % |
SNB Capital | 74.00 | 109.66 | 32.5 % |
Sico | 71.00 | 109.66 | 35.3 % |
Al Rajhi Capital | 71.00 | 109.66 | 35.3 % |
Current | |
Market Cap (M Riyal) | 7,669.53 |
Enterprise Value (EV) (M) | 7,238.82 |
Shares Outstanding ((M)) | 1,143.00 |
EPS ( Riyal) (TTM) | 0.24 |
Book Value (BV) ( Riyal) | 1.22 |
Par Value ( Riyal) | 1.00 |
Adjusted P/E (Last12) | 27.69 |
P/E (TTM) | 27.69 |
Price/book | 5.48 |
Return on Average Assets (%) (TTM) | 5.4 |
Return on Average Equity (%) (TTM) | 8.7 |
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