| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 2,610.99 | 2,027.75 | 28.76 | ||
| Gross Profit (Loss) | 235.87 | 184.85 | 27.6 | ||
| Operational Profit (Loss) | 147.91 | 104.35 | 41.74 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 138.46 | 95.42 | 45.1 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 147.02 | 87.88 | 67.3 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 506.04 | 398.01 | 27.14 | ||
| Profit (Loss) per Share | 6.92 | 4.77 | |||
| All figures are in (Millions) 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 (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The Group’s revenues for 2025 increased by SAR 583 million, representing a growth of 29% compared to 2024. This growth was primarily driven by the following factors: • The average number of workforces increased by 20%, reflecting the expansion of operations. • Revenues from the Corporate segment rose by SAR 515 million, an increase of 32%. This was driven by a 23% rise in the average number of workforces, aligned with higher demand for the Group’s services, as well as the successful signing of major contracts during the year, it also included an increase in revenues from headhunting and isnad Saudis. during 2025 by SAR 66 million, representing a 203% increase compared to 2024. • Revenues from the Individual segment grew by SAR 69 million, representing an increase of 16%. This was supported by a 12% increase in the average number of workforces and improved utilization rates. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Group’s net profit for 2025 increased by SAR 43 million, representing a growth of 45% compared to the previous year. This improvement was primarily driven by the following factors: • Gross profit increased by SAR 51 million, representing a growth of 28%. This was mainly attributable to higher revenues and improved margins in the Individual segment. Gross profit in the corporate segment increased by SAR 28 million, while the Individual segment recorded an increase of SAR 23 million, representing a significant growth of 71%. Additionally, the gross profit margin in the Individual segment improved to 11.3% in 2025, compared to 7.7% in 2024. • General, administrative, and marketing expenses increased by SAR 17 million primarily due to higher workforce-related costs and increased marketing activities in line with the Group’s strategy to expand sales and enhance workforce utilization. • Impairment loss on trade receivables decreased by SAR 15 million compared to the previous year, mainly due to certain non-recurring provisions recognized in 2024. • An impairment loss on advances to recruitment agencies amounting to SAR 5 million was recognized during the year, whereas no such loss was recorded in the previous year. . Financing costs related to car and building lease contracts, recognized in accordance with IFRS 16 as a result of business expansion, along with amounts included in the actuarial valuation of defined employee benefit liabilities, increased by SAR 2.8 million in 2025 compared to 2024.. • Other operating income increased by SAR 2.4 million, mainly driven by higher returns on time deposits and receipts from HRDF. • Other income increased by SAR 0.8 million, primarily due to increase in returns from financial investments. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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) | Other Matter The consolidated financial statements of the Group for the year ended 31 December 2024 were audited by another auditor, who expressed an unmodified opinion on those financial statements on 9 April 2025. |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the current year’s presentation. The key change relates to the presentation of other operating income and other income as separate line items within the statement of profit or loss and other comprehensive income, to enhance clarity and transparency. |
| Additional Information | Earnings per share for 2024 have been adjusted retrospectively based on the adjusted weighted average number of shares (20 million shares). This adjustment reflects the impact of the bonus share issuance approved by the Extraordinary General Assembly held on February 10, 2026, which increased the capital from SAR 150 million (15 million shares) to SAR 200 million (20 million shares), so that earnings per share during 2024 amount to SAR 4.77 instead of SAR 6,36 as reported in the 2024 consolidated financial statements. |
