공시 • 18h
Digital Research Company, Annual General Meeting, Jun 28, 2026 Digital Research Company, Annual General Meeting, Jun 28, 2026, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Apr 04
Full year 2025 earnings released: ر.س3.39 loss per share (vs ر.س4.20 profit in FY 2024) Full year 2025 results: ر.س3.39 loss per share (down from ر.س4.20 profit in FY 2024). Revenue: ر.س47.3m (down 25% from FY 2024). Net loss: ر.س5.26m (down 189% from profit in FY 2024). New Risk • Mar 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (ر.س39.6m market cap, or US$10.5m). Reported Earnings • Sep 06
Second quarter 2025 earnings released: ر.س1.60 loss per share (vs ر.س0.84 profit in 2Q 2024) Second quarter 2025 results: ر.س1.60 loss per share (down from ر.س0.84 profit in 2Q 2024). Revenue: ر.س11.7m (down 4.4% from 2Q 2024). Net loss: ر.س2.48m (down 312% from profit in 2Q 2024). Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ر.س39.70, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 17x in the Professional Services industry in Saudi Arabia. New Risk • Jun 01
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 7.4% 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: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (ر.س82.2m market cap, or US$21.9m). 공시 • May 28
Digital Research Company, Annual General Meeting, Jun 22, 2025 Digital Research Company, Annual General Meeting, Jun 22, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ر.س58.00, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 20x in the Professional Services industry in Saudi Arabia. New Risk • Mar 29
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: 9.4% Last year net profit margin: 19% 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: Minor Risks Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (ر.س108.5m market cap, or US$29.0m). Buy Or Sell Opportunity • Jan 26
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ر.س76.90. The fair value is estimated to be ر.س63.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 717%. Buy Or Sell Opportunity • Jan 05
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ر.س78.80. The fair value is estimated to be ر.س65.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 717%. New Risk • Dec 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 40% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (40% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (ر.س135.0m market cap, or US$36.0m).