Axelerated Solutions for Information and Communication Technology Co. (9637) is listed on Nomu of the Saudi Exchange (Tadawul) under sector Software & Services. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2024, Axelerated Solutions for Information and Communication Technology Co. reported revenue of SAR 419M, net profit of SAR 49M, and earnings per share of SAR 1.97. Total assets stood at SAR 297M with total equity of SAR 164M and total liabilities of SAR 133M.

Operating cash flow for 2024 was SAR 24M, representing a cash conversion ratio of 0.50 relative to net profit. Free cash flow was SAR 18M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2024, SAR 0.50 arrived as operating cash. This indicates Low quality earnings based on the cash conversion ratio of 0.50.

Revenue growth from 2023 to 2024: +54.8%. Net profit growth over the same period: +25.5%.

Key financial ratios for 2024: Return on Equity 29.7%, Return on Assets 16.4%, Net Margin 11.6%, Debt to Equity 0.81.

In 2023, Axelerated Solutions for Information and Communication Technology Co. reported revenue of SAR 271M and net profit of SAR 39M, compared to SAR 419M and SAR 49M respectively in 2024.