| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 79,293,290 | 48,230,513 | 64.404 | 69,783,398 | 13.627 |
| Gross Profit (Loss) | 7,852,461 | 2,784,250 | 182.031 | 9,269,961 | -15.291 |
| Operational Profit (Loss) | 2,814,011 | -1,661,601 | - | 2,482,919 | 13.334 |
| Net profit (Loss) | 2,130,558 | -2,526,797 | - | 2,634,931 | -19.141 |
| Total Comprehensive Income | 2,229,850 | -2,721,797 | - | 2,676,651 | -16.692 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 223,130,402 | 124,719,118 | 78.906 |
| Gross Profit (Loss) | 24,348,159 | 14,578,116 | 67.018 |
| Operational Profit (Loss) | 9,340,003 | 2,780,014 | 235.969 |
| Net profit (Loss) | 6,965,249 | 747,120 | 832.279 |
| Total Comprehensive Income | 7,105,287 | 801,210 | 786.819 |
| Total Shareholders Equity (after Deducting Minority Equity) | 56,524,475 | 49,419,188 | 14.377 |
| Profit (Loss) per Share | 0.14 | 0.01 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The main reason for the increase in revenue for the current quarter by SAR 31.06 million, representing a 64.4% increase compared to the same period of the previous year, is due to: Revenues in the workforce outsourcing sector rose by 59.8% in the current quarter compared to the same period last year due to increased demand in the sector, which led to a rise in workforce numbers. Revenues in the consulting sector also increased in the current quarter compared to the same period last year. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | As for net profit for the current quarter, it increased significantly compared to the same period of the previous year, driven by the direct impact of revenue growth and improved operational efficiency. This significant increase is attributed to the decrease in some non-recurring expenses that existed in the comparative period, such as expenses related to the establishment of intangible assets. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The main reason for the increase in revenues for the current quarter by SAR 9.5 million, representing a 13.63% increase compared to the previous quarter, is the increased demand in the manpower outsourcing sector for existing projects and the signing of new contracts. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | As for net profit for the current quarter, it decreased by approximately 19.14% compared to the previous quarter of this year. This is due to the increase in operating costs for new projects, as well as the capitalization of intangible assets and the resulting depreciation. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The company's consolidated revenues increased during the first nine months of this year by SAR 98.41 million, representing a 78.91% increase compared to the same period last year. This increase is mainly attributed to: The company achieved a 78.91% increase in revenue for the current period compared to the same period last year. This growth is attributed to the company's expansion in the workforce outsourcing sector, through increasing the workforce for existing projects and signing strategic contracts with new clients in the same sector. It is also due to the increase in revenue from the consulting sector for the current period compared to the same period last year. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The company achieved a significant increase in net income for the current period, with an increase of 832% compared to the same period of the previous year. This increase is due to the following reasons: The company's revenue increased by 78.91% compared to the same period of the previous year. Gross profit for the current period increased by 832%, a significant rise compared to the same period last year. This substantial increase is primarily attributed to a decrease in certain non-recurring expenses present in the comparative period, such as expenses related to the establishment of intangible assets. Additionally, gross profit increased in the following sectors: (Manpower Support Services, Recruitment, and Consulting Services) due to higher demand in these sectors |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | nothing |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to conform to the current period's presentation |
| Additional Information | The figures for the previous quarter of the same year were not presented separately in the financial statements for the first half of 2025, and the comparative figures for the corresponding quarter of the previous year (the third quarter of 2024) were not examined, given that the company is listed on the parallel market (Nomu). |