Naseej for Technology Co. (9538) 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, Naseej for Technology Co. reported revenue of SAR 247M, net profit of SAR 4M, and earnings per share of SAR 0.76. Total assets stood at SAR 278M with total equity of SAR 134M and total liabilities of SAR 143M.

Operating cash flow for 2024 was SAR 46M, representing a cash conversion ratio of 11.43 relative to net profit. Free cash flow was SAR 29M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR 11.43 arrived as operating cash. This indicates Exceptional quality earnings based on the cash conversion ratio of 11.43.

Revenue growth from 2023 to 2024: +14.7%. Net profit growth over the same period: -69.6%. 3-year revenue CAGR: 22.7%. 3-year net profit CAGR: -42.0%.

Key financial ratios for 2024: Return on Equity 3.0%, Return on Assets 1.5%, Net Margin 1.6%, Debt to Equity 1.07.

In 2023, Naseej for Technology Co. reported revenue of SAR 215M and net profit of SAR 13M, compared to SAR 247M and SAR 4M respectively in 2024.