Home / Dar Almarkabah for Renting Cars Co. / 2024 Annual Results

Dar Almarkabah for Renting Cars Co. 2024 Annual Results

Revenue

SAR 66M

Net Profit

SAR 299K

EPS

SAR 0.12

Operating Cash Flow

SAR 7M

Dar Almarkabah for Renting Cars Co. (9577) reported full year 2024 revenue of SAR 66M, down 6.4% from SAR 71M in 2023. Net profit came in at SAR 299K, up 337.5% year on year. Earnings per share were SAR 0.12. The company generated SAR 7M 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 24.10 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 24.10.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 66M	SAR 71M
Net Profit	SAR 299K	SAR -126K
Net Margin	0.5%	-0.2%
ROE	0.7%	-0.3%
EPS	SAR 0.12	SAR -0.06
Total Assets	SAR 88M	SAR 81M
Total Equity	SAR 42M	SAR 41M
Total Liabilities	SAR 46M	SAR 40M
Operating Cash Flow	SAR 7M	SAR 8M

Year on Year Comparison

Revenue decreased by 6.4% compared to 2023. Net profit increased by 337.5%. Revenue declined but profit grew — indicating improved efficiency or cost control.

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2024 2023

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: 2025-03-26.