Edarat Communication and Information Technology Co. 2024 Annual Results
Edarat Communication and Information Technology Co. (9557) reported full year 2024 revenue of SAR 105M, up 30.3% from SAR 80M in 2023. Net profit came in at SAR 25M, up 42.0% year on year. Earnings per share were SAR 9.79. The company generated SAR 8M 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 0.33 arrived as operating cash flow — indicating Low quality earnings with a cash conversion ratio of 0.33.
Year on Year Comparison
Revenue increased by 30.3% compared to 2023. Net profit increased by 42.0%. 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: 2025-02-09.