| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 95,920,985 | 75,561,366 | 26.944 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 14,242,155 | 12,057,149 | 18.122 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 158,421,269 | 123,077,647 | 28.716 | ||
| Profit (Loss) per Share | 0.16 | 0.13 | |||
| 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 period compared to the same period of the last year is | The company's revenues increased in the first half of the current fiscal year 2025-2026 to SAR 95.92 million, representing a growth of approximately 27% compared to the same period of the previous year. The main reasons for this increase are as follows: 1- The opening of two new branches during the current period, in addition to the previous period, in Riyadh (one branch) and Dammam (one branch), with a total maximum capacity of 3,600 students. 2- The addition of new and diverse programs in existing branches, which resulted in an increase in student numbers and higher branch occupancy rates as the following: 2/1- The number of students benefiting from the company's services increased by 7%, reaching 10,692 students during the current period, compared to 9,970 students during the same period of the previous year. 2/2- The average revenue per student increased to SAR 8,971 in the current period, compared to SAR 7,579 in the previous period, representing a growth of 18%. |
| 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’s net profit increased in the first half of the current fiscal year 2025-2026 to SAR14.24 million Saudi Riyals, with a growth rate of about 18% compared to the same period of the previous year. The main reasons are due to the increase in revenues for the current period, as shown in the paragraph above. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | None |
| Additional Information | As part of the company’s expansion plans to enhance revenues and grow employment-linked training programs, the company has signed strategic training agreements during the current and subsequent periods, as follows: First: During the current financial period, the company signed a training support agreement with the Human Resources Development Fund (HRDF) to implement employment-linked training and qualification programs, with a total value of SAR 128.73 million (inclusive of VAT), representing approximately 134% of the company’s revenues for the current period. Second: During the subsequent period, in January 2026, the company signed a training contract with the Education Support Association (Ta’allum) valued at SAR 72.27 million (inclusive of VAT) to implement various employment-linked training programs. The financial impact of these agreements is expected — God willing — to commence starting from the second half of the current fiscal year. |
| Attached Documents | Attached Documents |
