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Jabal Omar Development Co. 2023 Annual Results

Revenue

SAR 1.33B

Net Profit

SAR 37M

EPS

SAR 0.03

Operating Cash Flow

SAR -335M

Jabal Omar Development Co. (4250) reported full year 2023 revenue of SAR 1.33B, up 266.3% from SAR -798M in 2022. Net profit came in at SAR 37M, up 110.6% year on year. Earnings per share were SAR 0.03. The company generated SAR -335M 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 -8.94 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -8.94.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 1.33B	SAR -798M
Net Profit	SAR 37M	SAR -352M
Gross Profit		SAR 52M
Net Margin	2.8%	44.2%
ROE	0.3%	-2.6%
EPS	SAR 0.03
Total Assets	SAR 27.28B	SAR 27.21B
Total Equity	SAR 12.72B	SAR 13.39B
Total Liabilities	SAR 14.56B
Operating Cash Flow	SAR -335M

Year on Year Comparison

Revenue increased by 266.3% compared to 2022. Net profit increased by 110.6%. Both revenue and profit grew — indicating expanding business.

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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: 2024-04-03.