National Company for Learning and Education 2023 Annual Results
National Company for Learning and Education (4291) reported full year 2023 revenue of SAR 446M, up 182.8% from SAR 158M in 2022. Net profit came in at SAR 102M, up 43.3% year on year. Earnings per share were SAR 2.37. The company generated SAR 213M 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 2.09 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 2.09.
Year on Year Comparison
Revenue increased by 182.8% compared to 2022. Net profit increased by 43.3%. Both revenue and profit grew — indicating expanding business.
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: 2023-11-26.