Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: ر.س1.33 (vs ر.س1.89 in FY 2024) Full year 2025 results: EPS: ر.س1.33 (down from ر.س1.89 in FY 2024). Revenue: ر.س50.4m (up 74% from FY 2024). Net income: ر.س3.80m (down 23% from FY 2024). Profit margin: 7.5% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. New Risk • Feb 15
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: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (ر.س73.2m market cap, or US$19.5m). New Risk • Dec 18
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 5.5% 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 Share price has been highly volatile over the past 3 months (5.5% average weekly change). High level of non-cash earnings (38% accrual ratio). Minor Risk Market cap is less than US$100m (ر.س76.8m market cap, or US$20.5m). Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ر.س26.86, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 25x in the IT industry in Saudi Arabia. Total loss to shareholders of 41% over the past year. Board Change • Sep 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman of the Board Nowfal bin Saleh bin Ibrahim Al-Alsalamah was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 09
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 10% 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 No financial data reported. Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (ر.س81.9m market cap, or US$21.8m). 공지 • Jun 19
WSM For Information Technology Approves Board Changes WSM For Information Technology at its Ordinary General Assembly (First Meeting) held on June 17, 2025, approved the Board of Directors' decision to appoint Mr. Nowfal bin Saleh bin Ibrahim Al- Alsalamah - Member of the Board of Directors (Independent) starting from the date of his appointment on May 12, 2025 to complete the Board session until the date of the end of the current session on September 20, 2025, succeeding the previous member Mr. /Ibrahim Nasser Al-Ateeq - Non-Executive Member. 공지 • May 29
WSM For Information Technology, Annual General Meeting, Jun 17, 2025 WSM For Information Technology, Annual General Meeting, Jun 17, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia 공지 • Apr 21
WSM For Information Technology has filed a Follow-on Equity Offering. WSM For Information Technology has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 195,000
Transaction Features: ESOP Related Offering; Subsequent Direct Listing New Risk • Nov 03
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 7.4% 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 No financial data reported. Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Market cap is less than US$100m (ر.س83.1m market cap, or US$22.1m). 공지 • Oct 29
WSM For Information Technology (SASE:9595) signed a non-binding memorandum of understanding to acquire Wasl Technology Information Systems Limited Company. WSM For Information Technology (SASE:9595) signed a non-binding memorandum of understanding to acquire Wasl Technology Information Systems Limited Company on October 24, 2024. The financial consideration for the transaction depends on the results of the financial evaluation and due diligence, and the transaction will be financed from the financial resources and cash flows of WSM. The memorandum duration is twelve Gregorian months from the date of signing the memorandum.
WSM to reach the final acquisition agreement and the transaction is subject to a number of regulatory approvals including relevant authorities in the Kingdom of Saudi Arabia and any other approvals necessary to complete the acquisition.
Value Capital Partners acted as financial advisor for WSM For Information Technology. New Risk • Sep 26
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 5.7% 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 No financial data reported. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (ر.س73.1m market cap, or US$19.5m). 공지 • Jun 08
WSM For Information Technology, Annual General Meeting, Jun 27, 2024 WSM For Information Technology, Annual General Meeting, Jun 27, 2024, at 19:50 Arab Standard Time. Location: riyadh Saudi Arabia