Shatirah House Restaurant Co. "BURGERIZZR" announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	114,216,928	83,812,174	36.277	104,715,367	9.073
Gross Profit (Loss)	38,831,847	24,224,341	60.3	36,415,591	6.635
Operational Profit (Loss)	8,542,539	1,504,035	467.974	7,587,407	12.588
Net Profit (Loss) Attributable to Shareholders of the Issuer	5,487,334	1,170,233	368.909	5,722,053	-4.102
Total Comprehensive Income Attributable to Shareholders of the Issuer	5,180,389	679,570	662.303	5,722,053	-9.466
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	218,932,295	162,245,731	34.938
Gross Profit (Loss)	75,247,439	48,198,132	56.121
Operational Profit (Loss)	16,129,947	3,858,994	317.983
Net Profit (Loss) Attributable to Shareholders of the Issuer	11,209,389	3,066,241	265.574
Total Comprehensive Income Attributable to Shareholders of the Issuer	10,902,444	2,575,578	323.3
Total Shareholders Equity (after Deducting Minority Equity)	85,661,808	72,832,433	17.614
Profit (Loss) per Share	0.1	0.02
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 114.2 million during the current quarter compared to SAR 83.8 million in the previous year same quarter, representing an increase of 36.3%. This increase was mainly driven by 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 and followed by newly opened branches and the growth in same-store sales (SSS) of Burgerizzr.
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 5.5 million during the current quarter compared to SAR 1.2 million in the previous year same quarter, representing an increase of 368.9%, primarily due to the following factors: Gross profit: Gross profit increased by SAR 14.6 million (60.3%), with the gross profit margin improving from 28.9% in the previous year same quarter to 34.0% 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 Coffee Bean Trading Company (Shovel). Selling Expenses: Selling expenses increased by SAR 5.9 million (40.9%), primarily due to consolidation of the newly acquired Coffee Bean Trading Company (Shovel). In addition, it includes incremental impact from increased promotional and marketing activities and higher sales volumes from online sales channels and aggregators of Burgerizzr. Administrative Expenses: Administrative expenses increased by SAR 1.6 million (19.9%), mainly due to incremental impact from consolidation of the Coffee Bean Trading Company (Shovel). Others: Finance costs increased by SAR 877 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 114.2 million during the current quarter compared to SAR 104.7 million in the previous quarter, representing a growth of (9%). The increase was mainly driven by SSS growth of both brands (Burgerizzr & Shovel) followed by revenue from new stores opened during this 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 5.5 million during the current quarter compared to SAR 5.7 million in the previous quarter, representing a decrease of (-4.1%), primarily due to the following factors: Gross profit: Gross profit increased by SAR 2.4 million (6.6%), with the gross profit margin dropped from 34.8% in the previous quarter to 34% in the current quarter, due to increase in raw material prices. Selling Expenses: Selling expenses increased by SAR 1.2 million (6%) in line with increase in revenue Administrative Expenses: Administrative expenses decreased by SAR 287 thousand (3%) Others: Finance costs almost remain same, Loss on disposal of non-current assets increased by SR 600 thousand and other income increased by SR 75 thousand.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Revenues: The Company reported total revenues of SAR 218.9 million during the current period compared to SAR 162.2 million in the previous year same period, representing an increase of 34.9%. This increase was mainly driven by the consolidation of revenue from the Coffee Bean Trading Company (Shovel) fand followed by newly opened branches and the growth in same-store sales (SSS) of Burgerizzr.
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 recorded net profit attributable to shareholders of SAR 11.2 million during the current period compared to SAR 3 million in the previous year same period, representing an increase of 265.57%, primarily due to the following factors: Gross profit: Gross profit increased by SAR 27.1 million (56.1%), with the gross profit margin improving from 29.7% in the previous year same period to 34.4% 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 Coffee Bean Trading Company (Shovel). Selling Expenses: Selling expenses increased by SAR 11.4 million (40.3%), 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 Coffee Bean Trading Company (Shovel). Administrative Expenses: Administrative expenses increased by SAR 3.3 million (21%), mainly due to incremental impact from consolidation of the Coffee Bean Trading Company (Shovel). Others: Finance costs increased by SAR 1.7 million during current period mainly due to consolidation of Shovel finance cost and Interest on lease contracts for the branches opened during 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)	None
Reclassification of Comparison Items	None
Additional Information	The comparative figures for the three-month and Six month period ended 30 June 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 Q2 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 140 branches, compared to 113 branches in the previous year. This growth is attributable to the addition of 16 “SHOVEL” brand branches, as well as the opening of 13 new “Burgerizzr” branches during the current period, offset by the closure of two branch of the brand.