Advance International Company for Communication and Information Technology 2024 Annual Results
Advance International Company for Communication and Information Technology (9524) reported full year 2024 revenue of SAR 43M, down 8.4% from SAR 47M in 2023. Net profit came in at SAR 2M, down 50.2% year on year. Earnings per share were SAR 0.02. The company generated SAR 2M 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 1.30 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.30.
Year on Year Comparison
Revenue decreased by 8.4% compared to 2023. Net profit decreased by 50.2%. Both revenue and profit declined year on year.
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: 2025-03-31.