Al Moammar Information Systems Co. 2023 Annual Results
Al Moammar Information Systems Co. (7200) reported full year 2023 revenue of SAR 1.46B, up 148.7% from SAR 587M in 2022. Net profit came in at SAR 14M, down 85.4% year on year. Earnings per share were SAR 0.47. The company generated SAR -89M 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 -6.36 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of -6.36.
Year on Year Comparison
Revenue increased by 148.7% compared to 2022. Net profit decreased by 85.4%. Revenue grew but profit declined — suggesting margin pressure.
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: 2024-04-04.