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Saudi Azm for Communication and Information Technology Co. 2021 Annual Results

Revenue

SAR 106M

Net Profit

SAR 16M

Saudi Azm for Communication and Information Technology Co. (7211) reported full year 2021 revenue of SAR 106M, up 28.8% from SAR 82M in 2020. Net profit came in at SAR 16M, up 30.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 106M	SAR 82M
Net Profit	SAR 16M	SAR 12M
Gross Profit	SAR 29M	SAR 21M
Net Margin	14.7%	14.4%
ROE	47.7%	55.1%
Total Assets	SAR 79M	SAR 64M
Total Equity	SAR 33M	SAR 22M

Year on Year Comparison

Revenue increased by 28.8% compared to 2020. Net profit increased by 30.8%. 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.