| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Total revenue increased by 1.31% YoY to SAR 1,016.66 million, compared to SAR 1,003.5 million in the previous year, supported by its user base. However, revenue growth was adversely impacted in the last quarter of 2025 due to intensified market competition. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit declined from SAR71.76 million to SAR 2.98 million, primarily due to the following: - Decline in gross profit by 8.6%, which was primarily driven by higher logistics cost from the commencement of Jeddah warehouse operations as well as direct costs of the retail stores expansion which are in their ramp-up phase. - Decline in operating profit by 86.97%, which was primarily as a result of: a) increased marketing expenditures driven by intensified market competition and efforts to protect and expand the Company’s market share; and b) higher general and administrative expenses incurred to support the Company’s operational growth, which are intended to strengthen the Company’s market position, enhance operational capabilities, and support long-term sustainable growth. |
| 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) | N/A |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the classification used as at 31 December 2025. These reclassifications have no impact on previously reported net income, retained earnings or net assets. |
| Additional Information | N/A |
