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Edarat Communication and Information Technology Co. 2021 Annual Results

Revenue

SAR 25M

Net Profit

SAR 6M

Edarat Communication and Information Technology Co. (9557) reported full year 2021 revenue of SAR 25M, up 11.6% from SAR 22M in 2020. Net profit came in at SAR 6M, up 67.3% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 25M	SAR 22M
Net Profit	SAR 6M	SAR 4M
Gross Profit	SAR 13M	SAR 9M
Net Margin	26.4%	17.6%
ROE	50.2%	59.3%
Total Assets	SAR 25M	SAR 23M
Total Equity	SAR 13M	SAR 7M

Year on Year Comparison

Revenue increased by 11.6% compared to 2020. Net profit increased by 67.3%. 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: 2023-05-24.