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Flynas Co. 2024 Annual Results

Revenue

SAR 7.56B

Net Profit

SAR 434M

EPS

SAR 2.99

Operating Cash Flow

SAR 1.93B

Flynas Co. (4264) reported full year 2024 revenue of SAR 7.56B, up 18.8% from SAR 6.36B in 2023. Net profit came in at SAR 434M, up 8.0% year on year. Earnings per share were SAR 2.99. The company generated SAR 1.93B 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 4.45 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 4.45.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 7.56B	SAR 6.36B
Net Profit	SAR 434M	SAR 401M
Net Margin	5.7%	6.3%
ROE	26.4%	32.7%
EPS	SAR 2.99	SAR 2.62
Total Assets	SAR 13.53B	SAR 12.86B
Total Equity	SAR 1.64B	SAR 1.23B
Total Liabilities	SAR 11.89B	SAR 11.64B
Operating Cash Flow	SAR 1.93B	SAR 1.31B

Year on Year Comparison

Revenue increased by 18.8% compared to 2023. Net profit increased by 8.0%. 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: 2025-06-19.