Reported Earnings • May 07
First quarter 2026 earnings released: EPS: ر.س0.004 (vs ر.س0.006 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.004 (down from ر.س0.006 in 1Q 2025). Revenue: ر.س4.00m (down 12% from 1Q 2025). Net income: ر.س969.0k (down 27% from 1Q 2025). Profit margin: 24% (down from 29% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Apr 02
Darb Saudi Investment Company, Annual General Meeting, Apr 30, 2026 Darb Saudi Investment Company, Annual General Meeting, Apr 30, 2026, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Feb 03
Full year 2025 earnings released: EPS: ر.س0.031 (vs ر.س0.038 in FY 2024) Full year 2025 results: EPS: ر.س0.031 (down from ر.س0.038 in FY 2024). Revenue: ر.س18.3m (up 1.0% from FY 2024). Net income: ر.س6.78m (down 19% from FY 2024). Profit margin: 37% (down from 46% in FY 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Aug 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (ر.س18m revenue, or US$4.9m). Announcement • May 29
Al-Baha Investment and Development Company, Annual General Meeting, Jun 22, 2025 Al-Baha Investment and Development Company, Annual General Meeting, Jun 22, 2025, at 17:40 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ر.س0.001 (vs ر.س0.001 loss in 1Q 2024) First quarter 2025 results: EPS: ر.س0.001 (up from ر.س0.001 loss in 1Q 2024). Revenue: ر.س4.56m (up 2.5% from 1Q 2024). Net income: ر.س1.33m (up ر.س1.64m from 1Q 2024). Profit margin: 29% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Mar 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س76.4m (US$20.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Revenue is less than US$5m (ر.س18m revenue, or US$4.8m). Market cap is less than US$100m (ر.س76.4m market cap, or US$20.4m). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Director Abdullah bin Fahd bin Al Midian was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 03
Full year 2024 earnings released: EPS: ر.س0.004 (vs ر.س0.002 in FY 2023) Full year 2024 results: EPS: ر.س0.004 (up from ر.س0.002 in FY 2023). Revenue: ر.س18.1m (up 13% from FY 2023). Net income: ر.س8.38m (up 140% from FY 2023). Profit margin: 46% (up from 22% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: ر.س0 (vs ر.س0 in 3Q 2023) Third quarter 2024 results: EPS: ر.س0 (in line with 3Q 2023). Revenue: ر.س4.52m (down 2.3% from 3Q 2023). Net loss: ر.س388.5k (down 129% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: ر.س0.001 (vs ر.س0 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.001 (up from ر.س0 in 2Q 2023). Revenue: ر.س4.50m (up 24% from 2Q 2023). Net income: ر.س2.47m (up ر.س2.28m from 2Q 2023). Profit margin: 55% (up from 5.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س356.4m (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (ر.س17m revenue, or US$4.5m). Market cap is less than US$100m (ر.س356.4m market cap, or US$95.0m). Announcement • Jun 10
Al-Baha Investment and Development Company, Annual General Meeting, Jun 30, 2024 Al-Baha Investment and Development Company, Annual General Meeting, Jun 30, 2024, at 18:30 Arab Standard Time. Location: al bahah Saudi Arabia Reported Earnings • May 20
First quarter 2024 earnings released: EPS: ر.س0 (vs ر.س0 in 1Q 2023) First quarter 2024 results: EPS: ر.س0 (in line with 1Q 2023). Revenue: ر.س4.45m (up 29% from 1Q 2023). Net loss: ر.س62.0k (down 139% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: ر.س0.001 (vs ر.س0.003 loss in FY 2022) Full year 2023 results: EPS: ر.س0.001 (up from ر.س0.003 loss in FY 2022). Revenue: ر.س16.1m (up 40% from FY 2022). Net income: ر.س3.50m (up ر.س11.5m from FY 2022). Profit margin: 22% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Nov 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ر.س4.16m (US$1.11m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 2.2% per year over the past 5 years. Market cap is less than US$10m (ر.س4.16m market cap, or US$1.11m). Minor Risk Revenue is less than US$5m (ر.س15m revenue, or US$4.1m). Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: ر.س0 (vs ر.س0 in 2Q 2022) Second quarter 2023 results: EPS: ر.س0 (in line with 2Q 2022). Net income: ر.س189.0k (up ر.س384.2k from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Jun 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.س15m free cash flow). Share price has been highly volatile over the past 3 months (7.3% average weekly change). Earnings have declined by 20% per year over the past 5 years. Minor Risk Revenue is less than US$5m (ر.س12m revenue, or US$3.3m). Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: ر.س0.01 (vs ر.س0.22 loss in 1Q 2022) First quarter 2023 results: EPS: ر.س0.01 (up from ر.س0.22 loss in 1Q 2022). Net income: ر.س158.9k (up ر.س4.26m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 13
Full year 2022 earnings released: ر.س0.29 loss per share (vs ر.س0.47 loss in FY 2021) Full year 2022 results: ر.س0.29 loss per share (improved from ر.س0.47 loss in FY 2021). Net loss: ر.س7.98m (loss narrowed 4.4% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: ر.س0.02 loss per share (vs ر.س0.046 loss in 3Q 2021) Third quarter 2022 results: ر.س0.02 loss per share (improved from ر.س0.046 loss in 3Q 2021). Net loss: ر.س601.5k (loss narrowed 27% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 02
Second quarter 2022 earnings released: ر.س0.005 loss per share (vs ر.س0.04 loss in 2Q 2021) Second quarter 2022 results: ر.س0.005 loss per share (up from ر.س0.04 loss in 2Q 2021). Net loss: ر.س154.0k (loss narrowed 77% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 01
First quarter 2022 earnings released: ر.س0.23 loss per share (vs ر.س0.054 loss in 1Q 2021) First quarter 2022 results: ر.س0.23 loss per share (down from ر.س0.054 loss in 1Q 2021). Net loss: ر.س4.06m (loss widened 326% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 04
Full year 2021 earnings released: ر.س0.52 loss per share (vs ر.س1.62 loss in FY 2020) Full year 2021 results: ر.س0.52 loss per share (up from ر.س1.62 loss in FY 2020). Net loss: ر.س9.12m (loss narrowed 68% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 11
Al-Baha Investment & Development Co. Announces Executive Appointments Al-Baha Investment & Development Co. announced the results of the meeting of the Ordinary General Assembly of the company held on February 07, 2022, in which the members of the company’s Board of Directors were elected for its new term, which starts from February 10, 2022 and for a period of three years and ends on February 09, 2025, as follows: Appointing Mr. Muhammad bin Saleh bin Muhammad Al Hammadi (in his personal capacity - a non-executive member) as Chairman of the Board of Directors; The appointment of Mr. Ibrahim bin Abdullah bin Rashid bin Kulaib (in his personal capacity - an executive member) as Vice Chairman and Managing Director, in addition to his position as the CEO of the company; Merging the Nominations and Remunerations Committee, to become, after the merger, the Nominations and Remunerations Committee; Fourth: Appointing and forming the Nominations and Remunerations Committee as follows: Mr. Abdullah bin Fahd bin Abdullah Al Midian (independent member) as Chairman of the Nominations and Remunerations Committee; Dr. Abdulaziz bin Saleh bin Muhammad Al Hammadi (Non-Executive Member) as a member of the Nominations and Remunerations Committee; Mr. Abdullah bin Muhammad bin Salem Bal Shrf (independent member) as a member of the Nominations and Remunerations Committee. The board of directors also appointed a secretary for the new term, and the company's representatives to the Capital Market Authority and the Saudi Stock Exchange. Noting that the Audit Committee was approved by the Ordinary General Assembly held on Monday February 07, 2022, and approved the definition of its tasks, rules of work, and the remuneration of its members, for the new term starting from the date of February 10, 2022 and for a period of three years until the date of February 09, 2025. The candidates are: 1- Mr. Saad bin Abdul Mohsen Al-Humaidi (membership status - independent); Dr. Abdulaziz bin Saleh Al Hammadi (membership - non-executive); and Mr. Turki bin Abdulrahman Al-Rasis (membership status - independent). Reported Earnings • Nov 14
Third quarter 2021 earnings released: ر.س0.048 loss per share (vs ر.س0.006 profit in 3Q 2020) Third quarter 2021 results: Net loss: ر.س846.0k (down ر.س951.4k from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2021 earnings released: ر.س0.036 loss per share (vs ر.س0.02 profit in 2Q 2020) Second quarter 2021 results: Net loss: ر.س636.0k (down 306% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • May 25
First quarter 2021 earnings released: ر.س0.056 loss per share (vs ر.س0.015 profit in 1Q 2020) First quarter 2021 results: Net loss: ر.س995.0k (down 467% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • May 19
Al-Baha Investment and Development Co. Announces Updates on Lawsuit Against the Former Chairman and Members of the Board of Directors On May 18, 2021 AD, Al-Baha Investment & Development Co.'s lawyer reports that the company has submitted its petition for the judgment issued to Company on 02 Jumad Al Thani 1438 AH corresponding to March 01, 2017 CE, econsideration of the case and the judgment overturning the judgment and obligating the defendants to compensate the Al Baha Investment and Development Company an amount of SAR 68,695,441 in addition to an amount of SAR 1,000,000 in exchange for attorney fees, and the department has set a date to attend the session on June 07, 2021. Announcement • Feb 19
Al-Baha Investment and Development Co. Announces an update on The company has submitted its appeal against the judgment received on 21 Jumad Al Awal 1440 AH corresponding to January 27 2019 AD related to correcting the interpretation of the judgment issued by the Commercial Court of Al-Sataa Modern Contracting Company Ltd Further to the announcement of Al Baha Investment and Development Company on 29 Jumada Thani 1442 AH corresponding to February 11 2021 regarding the company's submission of its appeal against the judgment received on 21 Jumada I 1440 AH corresponding to January 27 2019 CE regarding the correction of the interpretation of the judgment issued by the Commercial Court of the Al Sataa Modern Contracting Company Ltd. The company has submitted its appeal against the judgment received on 21 Jumad Al Awal 1440 AH corresponding to January 27 2019 AD related to correcting the interpretation of the judgment issued by the Commercial Court of Al-Sataa Modern Contracting Company Ltd. The company had previously established an allowance to meet the losses resulting from the asset exchange contract with Al-Sata'a Modern Company in an amount of SAR 66,703,158. This additional financial impact - if any - will be disclosed in due course. The company wishes to inform the shareholders that following the appeal against the ruling related to the correction of the interpretation of the judgment issued by the Commercial Court of Al Sataa Modern Contracting Company Ltd. H, corresponding to February 17 2021 AD and the Chamber decided to accept the objection in form reject it in substance and support the ruling of the Second Circuit (in the Jeddah Commercial Court in the case) and the judge: The Chamber decided to adhere to its previous decision dated 06/19/1439 AH which stated that the term intended to oblige the parties to the case to complete the implementation of the contract concluded between them is the subject of this case and dated 03/03/1432 AH as follows: First: To oblige Al-Baha Investment and Development Company to pay Al Sata a Modern Company for General Contracting an amount of three million riyals. Second: To oblige the Al-Baha Investment and Development Company to effectively empty the entire 134 plots with the notary public, which it owns 50% of the entire land in Al-Morouj Scheme located in Al-Sail Al-Saghir in Taif Governorate in favor of Al-Sata'a Modern Company for General Contracting. Third: To oblige the Al-Baha Investment and Development Company to assign in favor of the Al-Sata a Modern Company for General Contracting Ltd. of the entire contents of the poultry project and the land on which the project is based which is owned by the Al-Baha Investment and Development Company. The company will follow up on developments in this regard and announce any material development in a timely manner. The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. Is New 90 Day High Low • Nov 16
New 90-day high: ر.س40.70 The company is up 99% from its price of ر.س20.48 on 18 August 2020. The Saudi market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 7.0% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS ر.س0.01 Third quarter 2020 results: Net income: ر.س178.0k (up 41% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Sep 25
New 90-day high: ر.س36.00 The company is up 162% from its price of ر.س13.72 on 25 June 2020. The Saudi market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 4.0% over the same period. 