New Risk • Feb 21
New major risk - Revenue and earnings growth Earnings have declined by 8.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.8% per year over the past 5 years. High level of non-cash earnings (55% accrual ratio). Minor Risk Market cap is less than US$100m (ر.س354.3m market cap, or US$94.4m). お知らせ • Dec 24
Purity for Information Technology Company Announces Board Changes Purity for Information Technology Company at its Extraordinary General Assembly Meeting (First Meeting) held on December 22, 2025, approved the Board of Directors' decision to appoint Mr. Hesham Abdulaziz Al-Shiddi as a Board member starting from the date of his appointment on February 2, 2025 to complete the Board's term until the end of the current term, succeeding the former member Mr. Ayoub Omran Al-Omrani. お知らせ • Dec 02
Purity for Information Technology Company, Annual General Meeting, Dec 22, 2025 Purity for Information Technology Company, Annual General Meeting, Dec 22, 2025, at 20:30 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Sep 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (ر.س304.4m market cap, or US$81.1m). New Risk • Sep 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (ر.س300.2m market cap, or US$80.0m). New Risk • Jun 07
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.4% Last year net profit margin: 7.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (ر.س325.8m market cap, or US$86.9m). Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ر.س18.00, the stock trades at a trailing P/E ratio of 62.2x. Average trailing P/E is 39x in the IT industry in Saudi Arabia. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ر.س11.50, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 35x in the IT industry in Saudi Arabia. Board Change • Nov 06
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.