| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 104,715,367 | 78,433,557 | 33.508 | 106,342,681 | -1.53 |
| Gross Profit (Loss) | 36,415,591 | 23,973,791 | 51.897 | 35,872,466 | 1.514 |
| Operational Profit (Loss) | 7,587,407 | 2,354,959 | 222.188 | 6,692,269 | 13.375 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 5,722,053 | 1,896,008 | 201.794 | 3,993,426 | 43.286 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 5,722,053 | 1,896,008 | 201.794 | 3,671,711 | 55.841 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 86,081,419 | 72,152,863 | 19.304 |
| Profit (Loss) per Share | 0.1 | 0.03 | |
| 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 | Revenues: The Company reported total revenues of SAR 104.7 million during the current quarter compared to SAR 78.4 million in the previous year same quarter, representing an increase of 33.5%. This increase was mainly driven by the contribution of newly opened branches and the growth in same-store sales (SSS) of Burgerizzr. In addition, the increase reflects the consolidation of revenue from the newly acquired brand Coffee Bean Trading Company (Shovel) following the completion of its acquisition during fourth quarter of 2025. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The Company recorded net profit attributable to shareholders of SAR 5.7 million during the current quarter compared to SAR 1.9 million in the previous year same quarter, representing an increase of 200.2%, primarily due to the following factors: Gross profit: Gross profit increased by SAR 12.4 million (51.9%), with the gross profit margin improving from 30.6% in the previous year same quarter to 34.8% in the current year. The improvement is mainly attributed to lower food costs and improved operational efficiency. In addition, it includes incremental impact from consolidation of the newly acquired (Shovel). Selling Expenses: Selling expenses increased by SAR 5.5 million (39.6%), primarily due to increased promotional and marketing activities and higher sales volumes from online sales channels and aggregators. In addition, it includes incremental impact from consolidation of the newly acquired (Shovel). Administrative Expenses: Administrative expenses increased by SAR 1.7 million (22.2%), mainly due to incremental impact from consolidation of the newly acquired (Shovel). Others: Finance costs increased by SAR 825 thousand during current quarter mainly due to consolidation of Shovel finance cost and Interest on lease contracts for the branches opened during previous year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenues: The Company reported total revenues of SAR 104.7 million during the current quarter compared to SAR 106.3 million in the previous quarter, representing a decrease of (-1.5%), due to the impact of Ramadan during the latter part of the quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company recorded net profit attributable to shareholders of SAR 5.7 million during the current quarter compared to SAR 4 million in the previous quarter, representing an increase of 43.3%, primarily due to the following factors: Gross profit: Gross profit increased by SAR 543 thousand (1.5%), with the gross profit margin improving from 33.7% in the previous quarter to 34.8% in the current quarter. The improvement is mainly attributed to improved operational efficiency and charging certain one-off expenses during previous quarter. Selling Expenses: Selling expenses decreased by SAR 100 thousand (-0.5%), Administrative Expenses: Administrative expenses decreased by SAR 250 thousand (2.6%), mainly due to one-off costs incurred in the previous quarter. Others: Finance costs increased by SAR 120 thousand, Loss on disposal of non-current assets decreased by SR 1.6 million and other income decreased by SR 275 thousand. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | The comparative figures for the three-month period ended 31 March 2025 have been restated to reflect adjustments arising from the restatement of the 2024 financial statements, as previously disclosed in the 2025 annual results. The impact of these adjustments has been updated in the Q1 2026 financial statements and is disclosed in the relevant note. Number of Branches: The total number of the Company’s branches across its various brands reached 138 branches, compared to 109 branches in the previous year. This growth is attributable to the addition of “SHOVEL” brand branches, as well as the opening of 15 new “Burgerizzr” branches during the year of 2025 till Q1 of 2026, offset by the closure of one branch of the brand. |
