Academy of Learning Co. 2023 Annual Results
Academy of Learning Co. (9541) reported full year 2023 revenue of SAR 93M, up 386.5% from SAR 19M in 2022. Net profit came in at SAR 29M, up 33.9% year on year. The company generated SAR 24M 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 0.85 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.85.
Year on Year Comparison
Revenue increased by 386.5% compared to 2022. Net profit increased by 33.9%. Both revenue and profit grew — indicating expanding business.
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: 2024-02-26.