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Sure Global Tech Co. 2024 Annual Results

Revenue

SAR 247M

Net Profit

SAR 33M

EPS

SAR 4.41

Operating Cash Flow

SAR 31M

Sure Global Tech Co. (9550) reported full year 2024 revenue of SAR 247M, up 26.9% from SAR 194M in 2023. Net profit came in at SAR 33M, up 16.5% year on year. Earnings per share were SAR 4.41. The company generated SAR 31M 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 0.94 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.94.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 247M	SAR 194M
Net Profit	SAR 33M	SAR 29M
Net Margin	13.5%	14.8%
ROE	27.5%	25.1%
EPS	SAR 4.41	SAR 3.73
Total Assets	SAR 196M	SAR 156M
Total Equity	SAR 121M	SAR 114M
Total Liabilities	SAR 74M	SAR 41M
Operating Cash Flow	SAR 31M	SAR 27M

Year on Year Comparison

Revenue increased by 26.9% compared to 2023. Net profit increased by 16.5%. 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: 2025-03-23.