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Morabaha Marina Financing Co. 2024 Annual Results

Revenue

SAR 193M

Net Profit

SAR 23M

EPS

SAR 0.44

Operating Cash Flow

SAR -34M

Morabaha Marina Financing Co. (4082) reported full year 2024 revenue of SAR 193M, up 13.8% from SAR 169M in 2023. Net profit came in at SAR 23M, down 26.6% year on year. Earnings per share were SAR 0.44. The company generated SAR -34M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR -1.51 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -1.51.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 193M	SAR 169M
Net Profit	SAR 23M	SAR 31M
Net Margin	11.8%	18.3%
ROE	2.7%	3.7%
EPS	SAR 0.44	SAR 0.60
Total Assets	SAR 1.44B	SAR 1.34B
Total Equity	SAR 842M	SAR 842M
Total Liabilities	SAR 592M	SAR 500M
Operating Cash Flow	SAR -34M	SAR -73M

Year on Year Comparison

Revenue increased by 13.8% compared to 2023. Net profit decreased by 26.6%. Revenue grew but profit declined — suggesting margin pressure.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2025-04-16.