| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue grew by 22% year-on-year to SAR 187.7 million in 1Q 2026, driven by strong enrollment growth across all business units. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net Profit for Q1 2026 amounted to SAR 63.0 million, representing a 29% year on year increase. The increase was driven by revenue growth across all business units, resulting from successful strategy execution in the special needs education and care segment and in higher education, as well as a higher share of the results of an associate. This resulted in net profit attributable to equity holders amounting to SAR 53.9 million, representing a 34% increase year-on-year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | There is seasonality in tuition recognition. In the previous quarter, tuition was recognized over four months. In contrast, in this quarter, the subsequent semester spans five months, resulting in revenue being spread over a longer period. Accordingly, revenue declined by 5% to reach SAR 187.7 million compared to the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decline in net profit follows the same seasonality pattern, with revenue recognized over a longer period while operating costs remain largely fixed. Accordingly, net profit declined by 16% to reach SAR 63.0 million compared to the previous quarter. This resulted in net profit attributable to equity holders declining by 10% to reach SAR 53.9 million compared to the previous quarter. |
| 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 to note |
| Reclassification of Comparison Items | Nothing to note |
| Additional Information | Nothing to note |