Advance International Company for Communication and Information Technology (9524) is listed on Nomu of the Saudi Exchange (Tadawul) under sector Software & Services. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2024, Advance International Company for Communication and Information Technology reported revenue of SAR 43M, net profit of SAR 2M, and earnings per share of SAR 0.02. Total assets stood at SAR 69M with total equity of SAR 39M and total liabilities of SAR 30M.

Operating cash flow for 2024 was SAR 2M, representing a cash conversion ratio of 1.30 relative to net profit. Free cash flow was SAR -2M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR 1.30 arrived as operating cash. This indicates Exceptional quality earnings based on the cash conversion ratio of 1.30.

Revenue growth from 2023 to 2024: -8.4%. Net profit growth over the same period: -50.2%.

Key financial ratios for 2024: Return on Equity 4.0%, Return on Assets 2.2%, Net Margin 3.6%, Debt to Equity 0.79.

In 2023, Advance International Company for Communication and Information Technology reported revenue of SAR 47M and net profit of SAR 3M, compared to SAR 43M and SAR 2M respectively in 2024.