Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to د.أ4.40, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 16x in the Telecom industry in Asia. Total returns to shareholders of 122% over the past three years. Board Change • Mar 30
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. 7 non-independent directors. Director Ammar Alsarayreh was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 27
Jordan Telecommunications Company, Annual General Meeting, Apr 29, 2026 Jordan Telecommunications Company, Annual General Meeting, Apr 29, 2026. Location: amman Jordan Announcement • Feb 03
Jordan Telecommunications Company announces Annual dividend Jordan Telecommunications Company announced Annual dividend of JOD 0.2200 per share, ex-date on April 30, 2026 and record date on April 29, 2026. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: د.أ0.057 (vs د.أ0.052 in 3Q 2024) Third quarter 2025 results: EPS: د.أ0.057 (up from د.أ0.052 in 3Q 2024). Revenue: د.أ94.1m (up 3.7% from 3Q 2024). Net income: د.أ10.6m (up 8.6% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: د.أ0.046 (vs د.أ0.05 in 2Q 2024) Second quarter 2025 results: EPS: د.أ0.046 (down from د.أ0.05 in 2Q 2024). Revenue: د.أ87.1m (down 3.3% from 2Q 2024). Net income: د.أ8.70m (down 6.8% from 2Q 2024). Profit margin: 10.0% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 04
First quarter 2025 earnings released: EPS: د.أ0.047 (vs د.أ0.064 in 1Q 2024) First quarter 2025 results: EPS: د.أ0.047 (down from د.أ0.064 in 1Q 2024). Revenue: د.أ89.1m (flat on 1Q 2024). Net income: د.أ8.89m (down 25% from 1Q 2024). Profit margin: 10.0% (down from 13% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Board Change • Apr 03
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 Fadi Khalid Al Alawneh was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 24
Jordan Telecommunications Company, Annual General Meeting, Apr 30, 2025 Jordan Telecommunications Company, Annual General Meeting, Apr 30, 2025. Location: amman Jordan Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: د.أ0.22 (vs د.أ0.24 in FY 2023) Full year 2024 results: EPS: د.أ0.22 (down from د.أ0.24 in FY 2023). Revenue: د.أ361.3m (flat on FY 2023). Net income: د.أ41.5m (down 9.4% from FY 2023). Profit margin: 12% (down from 13% in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. Announcement • Jan 23
Orange Jordan to Deploy Prpl-Based Broadband Solution with Softathome Products SoftAtHome and Orange Jordan announced the imminent deployment of the world's first fully prpl-based broadband solution with a home gateway and Wi-Fi repeater powered by prplWare and complementary SoftAtHome products. The new home gateway and Wi-Fi reseater are powered by prplOS and prplMesh. prpl extends the Orange device's shelf life and brings operators greater independence from hardware constraints to deliver new and innovative services. Through this project SoftAtHome enabled five critical advantages promoted by the prpl Foundation including higher velocity by de-complexifying Gateway stack integration onto multiple platforms, a focus on service-driven innovation, enabling proprietary differentiation from a 3rd-party services ecosystem, API harmonization through collaboration & convergence to help scale up businesses, open source to improve testing and avoid duplication and wasted efforts, and cultivating a community. Orange Jordan's new gateway offers fiber connectivity and delivers the advantages of Wi-Fi6E. For this project, prplWare was extended with several critical operator features such as VoIP, Wi-Fi repeater, API migration all the while keeping compatibility with the existing infrastructure, etc. prplMesh already brings Wi-Fi management capabilities and hardware abstraction. SoftAtHome added smart Wi-Fi algorithms, such as Wi-Fi repeater management, packet prioritization, intelligent channel selection, remote device management, and enhanced security features with the Wifi'ON Product running on top of prplWare. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: د.أ0.052 (vs د.أ0.063 in 3Q 2023) Third quarter 2024 results: EPS: د.أ0.052 (down from د.أ0.063 in 3Q 2023). Revenue: د.أ90.8m (down 3.3% from 3Q 2023). Net income: د.أ9.79m (down 17% from 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 05
First quarter 2024 earnings released First quarter 2024 results: Revenue: د.أ89.2m (up 3.9% from 1Q 2023). Net income: د.أ11.9m (up 33% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). Buy Or Sell Opportunity • Apr 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to د.أ2.72. The fair value is estimated to be د.أ2.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 33%. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: د.أ0.063 (vs د.أ0.077 in 3Q 2022) Third quarter 2023 results: EPS: د.أ0.063 (down from د.أ0.077 in 3Q 2022). Revenue: د.أ93.9m (up 8.4% from 3Q 2022). Net income: د.أ11.8m (down 18% from 3Q 2022). Profit margin: 13% (down from 17% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: د.أ0.053 (vs د.أ0.043 in 2Q 2022) Second quarter 2023 results: EPS: د.أ0.053 (up from د.أ0.043 in 2Q 2022). Revenue: د.أ88.5m (up 3.0% from 2Q 2022). Net income: د.أ9.87m (up 23% from 2Q 2022). Profit margin: 11% (up from 9.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: د.أ0.048 (vs د.أ0.041 in 1Q 2022) First quarter 2023 results: EPS: د.أ0.048 (up from د.أ0.041 in 1Q 2022). Revenue: د.أ85.8m (flat on 1Q 2022). Net income: د.أ9.00m (up 18% from 1Q 2022). Profit margin: 11% (up from 8.9% in 1Q 2022). Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. No independent directors (7 non-independent directors). Vice-Chairman of the Board Mireille Helou was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. No independent directors (7 non-independent directors). Vice-Chairman of the Board Mireille Helou was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: د.أ0.14 (vs د.أ0.093 in FY 2020) Full year 2021 results: EPS: د.أ0.14 (up from د.أ0.093 in FY 2020). Revenue: د.أ333.5m (up 5.2% from FY 2020). Net income: د.أ26.1m (up 49% from FY 2020). Profit margin: 7.8% (up from 5.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS د.أ0.034 (vs د.أ0.023 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.أ85.3m (up 5.4% from 3Q 2020). Net income: د.أ6.34m (up 46% from 3Q 2020). Profit margin: 7.4% (up from 5.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improved over the past week After last week's 15% share price gain to د.أ1.98, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 22x in the Telecom industry in Asia. Total returns to shareholders of 29% over the past three years. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS د.أ0.093 (vs د.أ0.10 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: د.أ317.1m (flat on FY 2019). Net income: د.أ17.5m (down 8.1% from FY 2019). Profit margin: 5.5% (down from 6.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. Is New 90 Day High Low • Feb 03
New 90-day high: د.أ1.54 The company is up 18% from its price of د.أ1.31 on 05 November 2020. The Jordanian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: د.أ1.52 The company is up 17% from its price of د.أ1.30 on 15 September 2020. The Jordanian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: د.أ1.38 The company is up 7.0% from its price of د.أ1.29 on 27 August 2020. The Jordanian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is flat over the same period. Is New 90 Day High Low • Oct 27
New 90-day high: د.أ1.37 The company is up 4.0% from its price of د.أ1.32 on 29 July 2020. The Jordanian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 2.0% over the same period. 
