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Home / Elm Co. / 2023 Annual Results

Elm Co. 2023 Annual Results

Revenue
SAR 5.90B
Net Profit
SAR 1.36B
EPS
SAR 17.46
Operating Cash Flow
SAR 1.56B

Elm Co. (7203) reported full year 2023 revenue of SAR 5.90B, up 116.8% from SAR 2.72B in 2022. Net profit came in at SAR 1.36B, up 45.8% year on year. Earnings per share were SAR 17.46. The company generated SAR 1.56B 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 1.15 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.15.

Key Financial Metrics

Metric20232022
RevenueSAR 5.90BSAR 2.72B
Net ProfitSAR 1.36BSAR 930M
Gross ProfitSAR 1.89B
Net Margin23.0%34.2%
ROE34.0%30.5%
EPSSAR 17.46
Total AssetsSAR 8.10BSAR 6.03B
Total EquitySAR 3.99BSAR 3.05B
Total LiabilitiesSAR 4.10B
Operating Cash FlowSAR 1.56B

Year on Year Comparison

Revenue increased by 116.8% compared to 2022. Net profit increased by 45.8%. 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: 2024-04-01.