Saudi Azm for Communication and Information Technology Co.

SAU:9534Technology

——At close · Market cap —

9534 · Income statement · TradingHolo

SAR millions	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	YoY
Revenue	103.0	135.1	152.6	190.4	217.6	253.2	+16.3%
Cost of revenue	81.7	105.9	121.7	151.9	159.8	184.0	+15.1%
Gross profit	21.3	29.2	30.8	38.5	57.8	69.2	+19.6%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	6.9	3.9	6.4	7.1	11.5	36.7	+220.0%
Selling & marketing	0.2	0.0	1.4	0.0	1.1	0.0	−100.0%
Operating expenses	7.2	12.0	16.3	21.1	30.1	36.9	+22.4%
Operating income	14.1	16.5	14.5	17.3	27.7	32.3	+16.6%
Interest expense	0.0	0.8	0.7	1.2	1.5	2.5	+65.2%
Interest income	1.6	0.0	0.0	0.0	0.1	2.0	+1382.4%
Other income / expense	(1.6)	0.0	6.0	8.3	5.5	8.7	+56.8%
Pre-tax income	12.6	16.5	20.5	25.6	33.2	41.0	+23.3%
Income tax	0.7	1.0	1.4	1.6	3.1	1.8	−42.6%
Net income	11.9	15.5	19.1	23.1	27.9	37.4	+34.0%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	0.0	0.0	0.9	1.8	0.0	0.0	—
EPS, basic (per share)	11.87	0.26	0.32	0.39	0.47	0.64	+36.2%
EPS, diluted (per share)	11.87	0.26	0.32	0.39	0.47	0.62	+31.9%
EBITDA	14.6	18.7	22.3	29.0	37.3	45.3	+21.3%
Depreciation & amortization	0.5	1.4	1.1	2.2	2.6	4.2	+64.2%
Weighted average shares (shares)	999,999	60,000,000	60,000,000	59,501,500	59,832,924	58,801,134	−1.7%
Weighted average diluted shares (shares)	1,000,000	60,000,000	60,000,000	59,501,500	59,832,924	60,000,000	+0.3%
Gross margin	20.7%	21.6%	20.2%	20.2%	26.6%	27.3%	+0.8 pts
Operating margin	13.7%	12.2%	9.5%	9.1%	12.7%	12.8%	+0.0 pts
Net margin	11.5%	11.5%	12.5%	12.1%	12.8%	14.8%	+1.9 pts

SAR millionsUpdated 30 Jun 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.