공시 • Apr 22
Thimar Development Holding Company, Annual General Meeting, May 12, 2026 Thimar Development Holding Company, Annual General Meeting, May 12, 2026, at 18:45 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 21
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 5.9% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-ر.س23m free cash flow). Revenue is less than US$1m (ر.س1.7m revenue, or US$459k). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (ر.س222.3m market cap, or US$59.2m). New Risk • Nov 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.س23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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.س23m free cash flow). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$1m (ر.س1.7m revenue, or US$459k). Minor Risk Market cap is less than US$100m (ر.س253.6m market cap, or US$67.6m). New Risk • Sep 04
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 7.8% 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.س25m free cash flow). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$1m (ر.س1.8m revenue, or US$478k). Minor Risk Market cap is less than US$100m (ر.س279.0m market cap, or US$74.3m). New Risk • Aug 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.س25m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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.س25m free cash flow). Revenue is less than US$1m (ر.س1.8m revenue, or US$478k). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (ر.س236.6m market cap, or US$63.1m). New Risk • Aug 03
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 5.8% 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 Revenue is less than US$1m (ر.س1.8m revenue, or US$478k). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (ر.س235.7m market cap, or US$62.8m). 공시 • May 30
Thimar Development Holding Company, Annual General Meeting, Jun 24, 2025 Thimar Development Holding Company, Annual General Meeting, Jun 24, 2025, at 18:45 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Feb 06
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 5.3% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-ر.س78m free cash flow). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Revenue is less than US$1m (ر.س72k revenue, or US$19k). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (ر.س349.7m market cap, or US$93.2m). New Risk • Jun 05
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 82% 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.س69m free cash flow). Share price has been highly volatile over the past 3 months (82% average weekly change). Earnings have declined by 1.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Revenue is less than US$1m. 공시 • May 15
Thimar Development Holding Company, Annual General Meeting, Jun 03, 2024 Thimar Development Holding Company, Annual General Meeting, Jun 03, 2024, at 19:15 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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.س64m free cash flow). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (ر.س337.0m market cap, or US$89.9m). New Risk • Mar 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.س64m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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.س64m free cash flow). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (ر.س134.8m market cap, or US$35.9m). 공시 • Nov 04
Thimar Development Holding Company has completed a Follow-on Equity Offering in the amount of SAR 150 million. Thimar Development Holding Company has completed a Follow-on Equity Offering in the amount of SAR 150 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 11,286,648
Price\Range: SAR 10
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,713,352
Price\Range: SAR 10
Transaction Features: Rights Offering New Risk • Oct 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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.س2.6m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-ر.س98m). Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Revenue is less than US$1m. Board Change • Mar 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Walid bin Al-Showair was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.