Etihad GO Telecom Co. (GO) announces its consolidated Interim Financial results for the Period Ending on 31-12-2025 (Nine Months) | premargin

Etihad GO Telecom Co. (GO) announces its consolidated Interim Financial results for the Period Ending on 31-12-2025 (Nine Months)

TadawulFebruary 3, 2026View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	489	382	28.01	470	4.042
Gross Profit (Loss)	135	107	26.168	134	0.746
Operational Profit (Loss)	78	56	39.285	66	18.181
Net Profit (Loss) Attributable to Shareholders of the Issuer	70	55	27.272	65	7.692
Total Comprehensive Income Attributable to Shareholders of the Issuer	70	55	27.272	65	7.692
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,395	1,039	34.263
Gross Profit (Loss)	390	302	29.139
Operational Profit (Loss)	213	166	28.313
Net Profit (Loss) Attributable to Shareholders of the Issuer	197	161	22.36
Total Comprehensive Income Attributable to Shareholders of the Issuer	197	161	22.36
Total Shareholders Equity (after Deducting Minority Equity)	952	709	34.273
Profit (Loss) per Share	5.79	4.72
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	-	-
Accumulated Losses	-	-
All figures are in (Millions) 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 Group continued to achieve revenue growth of 28% (SAR 107 million) in the current quarter compared to the same quarter of the previous year. This is primarily attributed to the implementation of the Group's growth strategy and the following factors: - An 8% increase in the B2B Sector revenue (SAR 15 million), mainly due to increased sales resulting from projects with government entities and private sector companies. - Net increase in wholesale sector and B2C sector revenue of 50% (amount of SAR 71 million), driven by growth in voice and fiber optic connectivity services. - The subsidiary, Ejad Technology, recorded revenue of SAR 21 million during the current quarter.
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 Group achieved a net profit of SAR 70 million, compared to SAR 55 million for the same quarter of the previous year, with an increase of 27%. This increase is attributed to the following factors: An increase of SAR 107 million in revenue, a decrease of SAR 1 million in general and administrative expenses, and a SAR 0.3 million decrease in finance expenses compared to the same quarter of the previous year, resulting from the recognition of SAR 6 million in income on Murabaha Islamic Financing during the current quarter. Noting that the increase in revenues and the group’s expansions led to an increase in the cost of revenues by SAR 79 million, and an increase in selling and marketing expenses by SAR 5 million.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The group continued to achieve growth in total revenues of 4%. The increase in revenues during the current quarter by 19 million Saudi Riyals compared to the previous quarter is mainly due to the increase in revenues of the B2B sector and the wholesale sales sector.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The Group achieved a net profit of SAR 70 million, compared to SAR 65 million in the previous quarter. This increase is attributed to the following factors: - A SAR 19 million increase in revenue, offset by a SAR 17 million increase in the cost of revenue, additionally a decrease in finance expenses by SAR 5 million, and SAR 10 million decrease in general and administrative expenses.
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 group achieved a 34% increase in revenues, equivalent to SAR 355 million, during the current nine-month period, compared to the same period of the previous year. This is attributed to a 14% increase in B2B sector sales (SAR 78 million) and a 47% increase in net at wholesale and B2C sectors (SAR 190 million), in addition to revenues of the subsidiary (Ejad Technology) amounting to SAR 87 million from systems analysis, application design, and development services.
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 group achieved a net profit of SAR 197 million during the current period, compared to SAR 161 million in the same period of the previous year, with a growth rate of 22.6%. This is due to the increase in revenues of SAR 356 million, which was offset by an increase in the cost of revenues of SAR 268 million. Also, the results of the subsidiary company Ejad Tech, were recorded for a full three-month period compared to only twenty days for the same period of the previous year.
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)	Other Matter: The interim condensed consolidated financial information for the three- and nine-month periods ended 31 December 2024, and for the three-month period ended 30 June 2025, was reviewed by another auditor, who expressed an unmodified conclusion thereon on 11 Sha'ban 1446H (corresponding to 10 February 2025) and 11 Safar 1447H (corresponding to 5 August 2025), respectively. Furthermore, the consolidated financial statements of the Group for the year ended 31 March 2025 were audited by another auditor, who expressed an unmodified opinion thereon on 5 Muharram 1447H (corresponding to 30 June 2025).
Reclassification of Comparison Items	N/A
Additional Information	The profit before depreciation, amortization, interest, zakat, and taxes (EBITDA) for the current period amounted to SAR 259 million, compared to SAR 209 million for the same period of the previous year, an increase of SAR 50 million, or 24%, and the Total shareholders' equity (excluding non-controlling interests) also increased by 34% from SAR 709 million at the end of the same period of the previous year to SAR 952 million at the end of the current period. Which highlights the Group’s continued commitment to enhancing operational and financial performance with high efficiency. The Group has completed the procedures related to the financial impact of the acquisition in the condensed consolidated interim financial statements as of December 31, 2025, which were finalized by the independent advisor based on the purchase price allocation report (PPA) dated December 15, 2025.