Red Sea International Co. (4230) is listed on Tadawul of the Saudi Exchange (Tadawul) under sector Real Estate Mgmt & Dev't. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2024, Red Sea International Co. reported revenue of SAR 2.98B, net profit of SAR 17M, and earnings per share of SAR -2.06. Total assets stood at SAR 2.89B with total equity of SAR 7M and total liabilities of SAR 2.39B.

Operating cash flow for 2024 was SAR -36M, representing a cash conversion ratio of -2.14 relative to net profit. Free cash flow was SAR -100M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR -2.14 arrived as operating cash. This indicates Low quality earnings based on the cash conversion ratio of -2.14.

Revenue growth from 2023 to 2024: +116.5%. Net profit growth over the same period: +8.6%. 3-year revenue CAGR: 91.6%.

Key financial ratios for 2024: Return on Equity 232.8%, Return on Assets 0.6%, Net Margin 0.6%, Debt to Equity 329.13.

In 2023, Red Sea International Co. reported revenue of SAR 1.38B and net profit of SAR 16M, compared to SAR 2.98B and SAR 17M respectively in 2024.