Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: ر.س1.10 (vs ر.س0.58 in 2Q 2025) Second quarter 2026 results: EPS: ر.س1.10 (up from ر.س0.58 in 2Q 2025). Revenue: ر.س256.0m (up 106% from 2Q 2025). Net income: ر.س85.0m (up 89% from 2Q 2025). Profit margin: 33% (down from 36% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.8% decline forecast for the Insurance industry in Asia. Buy Or Sell Opportunity • Aug 06
Now 22% overvalued Over the last 90 days, the stock has fallen 9.8% to ر.س131. The fair value is estimated to be ر.س107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last year. Earnings per share has grown by 163%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Price Target Changed • Jun 01
Price target increased by 7.6% to ر.س157 Up from ر.س146, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ر.س150. Stock is up 88% over the past year. The company is forecast to post earnings per share of ر.س4.69 for next year compared to ر.س3.26 last year. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: ر.س1.14 (vs ر.س0.39 in 1Q 2025) First quarter 2026 results: EPS: ر.س1.14 (up from ر.س0.39 in 1Q 2025). Revenue: ر.س261.0m (up 117% from 1Q 2025). Net income: ر.س88.0m (up 193% from 1Q 2025). Profit margin: 34% (up from 25% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Insurance industry in Asia. 공고 • Apr 21
Rasan Information Technology Company, Annual General Meeting, May 11, 2026 Rasan Information Technology Company, Annual General Meeting, May 11, 2026, at 19:15 Arab Standard Time. Location: riyadh Saudi Arabia Major Estimate Revision • Apr 07
Consensus EPS estimates increase by 17% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from ر.س3.60 to ر.س4.20. Revenue forecast steady at ر.س943.9m. Net income forecast to grow 31% next year vs 10% growth forecast for Insurance industry in Saudi Arabia. Consensus price target up from ر.س142 to ر.س151. Share price was steady at ر.س135 over the past week. Price Target Changed • Nov 28
Price target increased by 15% to ر.س119 Up from ر.س104, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ر.س114. Stock is up 56% over the past year. The company is forecast to post earnings per share of ر.س2.70 for next year compared to ر.س1.29 last year. Price Target Changed • Nov 12
Price target increased by 8.5% to ر.س109 Up from ر.س101, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ر.س110. Stock is up 38% over the past year. The company posted earnings per share of ر.س1.29 last year. Price Target Changed • Aug 20
Price target increased by 10% to ر.س104 Up from ر.س94.50, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of ر.س95.70. Stock is up 72% over the past year. The company posted earnings per share of ر.س1.29 last year. 공고 • Jun 20
Rasan Information Technology Co. Approves Board Changes Rasan Information Technology Co. at its AGM held on June 18, 2025, approved the Board of Directors’ decision to appoint Mr. Turki Salman Al-Sudairy as an independent member of the Board of Directors, starting from the date of his appointment on 27 April 2025, to complete the current Board term, succeeding the former member, Mr. Mohammed bin Muhaidib Al-Muhaidib. 공고 • May 30
Rasan Information Technology Company, Annual General Meeting, Jun 18, 2025 Rasan Information Technology Company, Annual General Meeting, Jun 18, 2025, at 18:45 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 10
First quarter 2025 earnings released: EPS: ر.س0.39 (vs ر.س0.13 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.39 (up from ر.س0.13 in 1Q 2024). Revenue: ر.س120.5m (up 80% from 1Q 2024). Net income: ر.س30.0m (up 217% from 1Q 2024). Profit margin: 25% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, while revenues in the Insurance industry in Asia are expected to remain flat. 공고 • Mar 13
Rasan Information Technology Company has filed a Follow-on Equity Offering. Rasan Information Technology Company has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 13,300,000
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: ر.س0.48 (vs ر.س0.40 in 3Q 2023) Third quarter 2024 results: EPS: ر.س0.48 (up from ر.س0.40 in 3Q 2023). Revenue: ر.س110.0m (up 41% from 3Q 2023). Net income: ر.س36.6m (up 29% from 3Q 2023). Profit margin: 33% (down from 36% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, while revenues in the Insurance industry in Asia are expected to remain flat. Board Change • Jun 16
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. 9 experienced directors. No highly experienced directors. No independent directors (9 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.