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Theeb Rent a Car Co. 2024 Annual Results

Revenue

SAR 1.30B

Net Profit

SAR 183M

EPS

SAR 4.25

Operating Cash Flow

SAR -39M

Theeb Rent a Car Co. (4261) reported full year 2024 revenue of SAR 1.30B, up 14.7% from SAR 1.14B in 2023. Net profit came in at SAR 183M, up 28.6% year on year. Earnings per share were SAR 4.25. The company generated SAR -39M 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 -0.21 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -0.21.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 1.30B	SAR 1.14B
Net Profit	SAR 183M	SAR 142M
Net Margin	14.0%	12.5%
ROE	22.0%	19.5%
EPS	SAR 4.25	SAR 3.30
Total Assets	SAR 2.58B	SAR 2.24B
Total Equity	SAR 830M	SAR 730M
Total Liabilities	SAR 1.75B	SAR 1.51B
Operating Cash Flow	SAR -39M	SAR -89M

Year on Year Comparison

Revenue increased by 14.7% compared to 2023. Net profit increased by 28.6%. 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: 2025-03-19.