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Home / Edarat Communication and Information Technology Co. / 2024 Annual Results

Edarat Communication and Information Technology Co. 2024 Annual Results

Revenue
SAR 105M
Net Profit
SAR 25M
EPS
SAR 9.79
Operating Cash Flow
SAR 8M

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.

Key Financial Metrics

Metric20242023
RevenueSAR 105MSAR 80M
Net ProfitSAR 25MSAR 17M
Net Margin23.6%21.6%
ROE39.2%44.5%
EPSSAR 9.79SAR 6.89
Total AssetsSAR 90MSAR 60M
Total EquitySAR 63MSAR 39M
Total LiabilitiesSAR 27MSAR 21M
Operating Cash FlowSAR 8MSAR 5M

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.