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Saudi Azm for Communication and Information Technology Co. 2020 Annual Results

Revenue

SAR 82M

Net Profit

SAR 12M

Saudi Azm for Communication and Information Technology Co. (7211) reported full year 2020 revenue of SAR 82M, up 68.2% from SAR 49M in 2019. Net profit came in at SAR 12M, up 53.1% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2020	2019
Revenue	SAR 82M	SAR 49M
Net Profit	SAR 12M	SAR 8M
Gross Profit	SAR 21M	SAR 19M
Net Margin	14.4%	15.9%
ROE	55.1%	82.4%
Total Assets	SAR 64M	SAR 34M
Total Equity	SAR 22M	SAR 9M

Year on Year Comparison

Revenue increased by 68.2% compared to 2019. Net profit increased by 53.1%. 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: 2022-03-14.