Home / Edarat Communication and Information Technology Co. / 2022 Annual Results

Edarat Communication and Information Technology Co. 2022 Annual Results

Revenue

SAR 35M

Net Profit

SAR 13M

Edarat Communication and Information Technology Co. (9557) reported full year 2022 revenue of SAR 35M, up 44.4% from SAR 25M in 2021. Net profit came in at SAR 13M, up 94.5% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 35M	SAR 25M
Net Profit	SAR 13M	SAR 6M
Gross Profit	SAR 23M	SAR 13M
Net Margin	35.6%	26.4%
ROE	58.7%	50.2%
Total Assets	SAR 39M	SAR 25M
Total Equity	SAR 21M	SAR 13M

Year on Year Comparison

Revenue increased by 44.4% compared to 2021. Net profit increased by 94.5%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2025 2024 2023 2022 2021 2020

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: 2023-02-09.