Aankondiging • Jun 11
Raydan Food Company, Annual General Meeting, Jun 30, 2026 Raydan Food Company, Annual General Meeting, Jun 30, 2026, at 20:00 Arab Standard Time. Location: jeddah Saudi Arabia New Risk • Jun 04
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 6.2% 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 Less than 1 year of cash runway based on free cash flow trend (-ر.س11m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (ر.س97.7m market cap, or US$26.0m). Reported Earnings • May 15
First quarter 2026 earnings released: ر.س0.80 loss per share (vs ر.س1.07 loss in 1Q 2025) First quarter 2026 results: ر.س0.80 loss per share (improved from ر.س1.07 loss in 1Q 2025). Revenue: ر.س19.5m (down 56% from 1Q 2025). Net loss: ر.س6.10m (loss narrowed 22% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 04
Full year 2025 earnings released: ر.س4.20 loss per share (vs ر.س10.00 loss in FY 2024) Full year 2025 results: ر.س4.20 loss per share (improved from ر.س10.00 loss in FY 2024). Revenue: ر.س114.1m (down 27% from FY 2024). Net loss: ر.س64.7m (loss narrowed 12% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 12
Third quarter 2025 earnings released: ر.س0.64 loss per share (vs ر.س1.74 loss in 3Q 2024) Third quarter 2025 results: ر.س0.64 loss per share (improved from ر.س1.74 loss in 3Q 2024). Revenue: ر.س23.6m (down 28% from 3Q 2024). Net loss: ر.س10.0m (loss narrowed 21% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ر.س24.7m (down 48% from 2Q 2024). Net loss: ر.س10.5m (loss widened ر.س8.98m from 2Q 2024). New Risk • Jun 23
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 6.3% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (ر.س199.8m market cap, or US$53.3m). Reported Earnings • May 17
First quarter 2025 earnings released: ر.س0.50 loss per share (vs ر.س0.21 loss in 1Q 2024) First quarter 2025 results: ر.س0.50 loss per share (further deteriorated from ر.س0.21 loss in 1Q 2024). Revenue: ر.س44.2m (up 3.9% from 1Q 2024). Net loss: ر.س7.84m (loss widened 141% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 30
Raydan Food Company, Annual General Meeting, May 22, 2025 Raydan Food Company, Annual General Meeting, May 22, 2025, at 20:00 Arab Standard Time. Location: jeddah Saudi Arabia Reported Earnings • Apr 03
Full year 2024 earnings released: ر.س4.62 loss per share (vs ر.س1.95 loss in FY 2023) Full year 2024 results: ر.س4.62 loss per share (further deteriorated from ر.س1.95 loss in FY 2023). Revenue: ر.س155.4m (down 12% from FY 2023). Net loss: ر.س73.1m (loss widened 137% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • Nov 13
Third quarter 2024 earnings released: ر.س0.81 loss per share (vs ر.س0.34 loss in 3Q 2023) Third quarter 2024 results: ر.س0.81 loss per share (further deteriorated from ر.س0.34 loss in 3Q 2023). Revenue: ر.س32.7m (down 20% from 3Q 2023). Net loss: ر.س12.8m (loss widened 139% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Oct 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س374.0m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 10
Second quarter 2024 earnings released: ر.س0.10 loss per share (vs ر.س0.27 profit in 2Q 2023) Second quarter 2024 results: ر.س0.10 loss per share (down from ر.س0.27 profit in 2Q 2023). Revenue: ر.س47.5m (down 23% from 2Q 2023). Net loss: ر.س1.56m (down 137% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Aankondiging • Jun 26
Raydan Food Company Announces Board Changes Raydan Food Company in its Ordinary General Meeting held on June 13, 2024 approved appointment of Mr. Adel Shamsuddin Siddiqui as an independent member of the board of directors starting from the date of his appointment on May 14, 2024 to complete the board session until the end of the current session on April 20, 2025 to succeed the previous member Mr. Faisal Saad al-Subaie (independent member). New Risk • Jun 09
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 6.4% 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: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Aankondiging • May 25
Raydan Food Company, Annual General Meeting, Jun 13, 2024 Raydan Food Company, Annual General Meeting, Jun 13, 2024, at 19:30 Arab Standard Time. Location: jeddah Saudi Arabia Reported Earnings • May 20
First quarter 2024 earnings released: ر.س0.21 loss per share (vs ر.س0.21 loss in 1Q 2023) First quarter 2024 results: ر.س0.21 loss per share. Revenue: ر.س42.6m (up 1.8% from 1Q 2023). Net loss: ر.س3.25m (flat on 1Q 2023). Reported Earnings • Apr 04
Full year 2023 earnings released: ر.س1.95 loss per share (vs ر.س1.56 loss in FY 2022) Full year 2023 results: ر.س1.95 loss per share (further deteriorated from ر.س1.56 loss in FY 2022). Revenue: ر.س177.4m (up 11% from FY 2022). Net loss: ر.س30.9m (loss widened 26% from FY 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Third quarter 2023 earnings released: ر.س0.34 loss per share (vs ر.س0.057 profit in 3Q 2022) Third quarter 2023 results: ر.س0.34 loss per share (down from ر.س0.057 profit in 3Q 2022). Revenue: ر.س41.1m (down 5.9% from 3Q 2022). Net loss: ر.س5.35m (down ر.س6.26m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Oct 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س370.6m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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.س33m free cash flow). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.س370.6m market cap, or US$98.8m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ر.س0.27 (vs ر.س1.08 loss in 2Q 2022) Second quarter 2023 results: EPS: ر.س0.27 (up from ر.س1.08 loss in 2Q 2022). Revenue: ر.س61.3m (up 42% from 2Q 2022). Net income: ر.س4.25m (up ر.س21.5m from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 12
Full year 2022 earnings released: ر.س0.83 loss per share (vs ر.س2.80 loss in FY 2021) Full year 2022 results: ر.س0.83 loss per share (improved from ر.س2.80 loss in FY 2021). Revenue: ر.س159.2m (up 21% from FY 2021). Net loss: ر.س24.6m (loss narrowed 29% from FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 10 non-independent directors. Independent Director Faisal Saad A Subaie was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: ر.س0.057 (vs ر.س1.47 loss in 3Q 2021) Third quarter 2022 results: EPS: ر.س0.057 (up from ر.س1.47 loss in 3Q 2021). Revenue: ر.س43.6m (up 46% from 3Q 2021). Net income: ر.س911.9k (up ر.س17.4m from 3Q 2021). Profit margin: 2.1% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year. Aankondiging • Nov 10
Raydan Food Company Appoints Faisal Al-Subaie as Member of the Audit Committee Raydan Food Company announced appointment of Mr. Faisal Al-Subaie (independent member of the Board of Directors) as a member of the Audit Committee, starting from Tuesday 14-04-1444 AH corresponding to 08-11-2022 AD until the end of the current board session, which ends on 20-04-2025 AD. Mr. Faisal Al-Subaie holds a master?s degree in law from the University of California, and has many memberships for several committees on different sectors, as a member of the review committee for the Attribution and Liquidation Center, and he is currently working as a legal advisor to the Authority for Spending Efficiency and Governmental Projects. Reported Earnings • Aug 27
Second quarter 2022 earnings released Second quarter 2022 results: ر.س0.51 loss per share. Net loss: ر.س17.2m (flat on 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 06
Raydan Food Company, Annual General Meeting, Jun 26, 2022 Raydan Food Company, Annual General Meeting, Jun 26, 2022, at 20:30 Arabian Standard Time. Agenda: To consider Voting on the Board Report for the Fiscal Year Ending on 31 December 2021; to Voting on Absolving the Board Members from Liability for the Fiscal Year Ending on 31 December 2021; to Voting for the appointment of the Company's auditor from among the candidates on the recommendation of the Audit Committee, this is for examining, reviewing and auditing the financial statements for the quarter (second, third) and annual of the fiscal year 2022 AD and the first quarter of the fiscal year 2023 AD and determining its fees; and to consider other matter. Aankondiging • May 27
Raydan Food Company Announces the Closure of Its Branch Located in Jeddah - Al-Jamaa District Raydan Food Company announced the closure of its branch located in the city of Jeddah - Al-Jamaa District, as per based on the decisions issued by the competent authorities to remove some neighborhoods within its scope of the company-s branch & the sales of this branch represent 10.50% of the company's total sales. Reported Earnings • May 25
First quarter 2022 earnings released: ر.س0.14 loss per share (vs ر.س0.40 loss in 1Q 2021) First quarter 2022 results: ر.س0.14 loss per share (up from ر.س0.40 loss in 1Q 2021). Revenue: ر.س37.3m (up 8.8% from 1Q 2021). Net loss: ر.س4.71m (loss narrowed 47% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Aankondiging • Apr 26
Raydan Food Company Announces Executive Changes Raydan Food Company announced the resignation of Fawzan Abdullah Al Harthy from his position as the CEO of the company, effective from 30 April, 2022. Mansour Nasser Awadallah Al Sulami will replace Al Harthy, who resigned from his post due to personal circumstances, according to a bourse disclosure. Al Sulami, who is the company's Managing Director, will assume his new role on May 1, 2022. Aankondiging • Apr 21
Raydan Food Company Announces Board Appointments Raydan Food Company announced that at its EGM held on April 20, 2022, shareholders approved the selection of the following candidates from among the candidates to manage the company for the next term, commencing from April 21, 2022, for a term of three years, ending on April 20, 2025: Omar Rabeh Sater Alselami, Nair Bayan Muhji Alsulami, Faisal Saad A Al Subaie and Sultan Mohammed Rashed Al Howymel. The company also approved the formation of the Audit Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from April 21, 2022 until the end of the term on April 20, 2025, The following are the names of the candidates: Noha A. Hamzah Suleimani (Independent member - from outside the Board). Mazen Khalaf Hasan Al-Zayer (Independent member - from outside the Board). Basem Tayseer Jameel Hijaz (Independent member - from outside the Board). Aankondiging • Feb 24
Raydan Food Company Announces Closure for Branch Located in Al Sharafiyah District, King Fahd Road, Jeddah Raydan Food Company announced the closure for branch located in Al Sharafiyah District, King Fahd Road, Jeddah. Reported Earnings • Nov 12
Third quarter 2021 earnings released: ر.س0.78 loss per share (vs ر.س1.70 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ر.س29.8m (up 1.5% from 3Q 2020). Net loss: ر.س17.5m (loss narrowed 54% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Third quarter 2021 earnings released: ر.س0.78 loss per share (vs ر.س1.70 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ر.س29.8m (up 1.5% from 3Q 2020). Net loss: ر.س17.5m (loss narrowed 54% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2021 earnings released: ر.س0.18 loss per share (vs ر.س0.39 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ر.س35.0m (up 49% from 2Q 2020). Net loss: ر.س4.14m (loss narrowed 53% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance. Reported Earnings • May 24
First quarter 2021 earnings released: ر.س0.40 loss per share (vs ر.س0.30 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ر.س34.3m (down 30% from 1Q 2020). Net loss: ر.س8.88m (loss widened 33% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 21
Full year 2020 earnings released: ر.س3.70 loss per share (vs ر.س0.21 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.س133.9m (down 42% from FY 2019). Net loss: ر.س83.3m (loss widened ر.س78.6m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 152 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 18
Raydan Food Company Accepts Resignation of Zahir Fadel Alsayed Aldabi from the Membership of the Audit Committee Raydan Food Company announced the decision of the Board of Directors by accepting the resignation of Zahir Fadel Alsayed Aldabi from the membership of the Audit Committee. Is New 90 Day High Low • Feb 10
New 90-day high: ر.س37.00 The company is up 64% from its price of ر.س22.52 on 12 November 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is flat over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: ر.س37.20 The company is up 58% from its price of ر.س23.52 on 20 October 2020. The Saudi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: ر.س26.50 The company is up 20% from its price of ر.س22.16 on 26 August 2020. The Saudi market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: ر.س1.70 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س29.4m (down 52% from 3Q 2019). Net loss: ر.س38.3m (down ر.س40.2m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 111% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 30
New 90-day low: ر.س19.76 The company is down 1.0% from its price of ر.س19.88 on 28 July 2020. The Saudi market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 5.0% over the same period. 