Stock Analysis

Leejam Sports Full Year 2024 Earnings: Misses Expectations

SASE:1830
Source: Shutterstock

Leejam Sports (TADAWUL:1830) Full Year 2024 Results

Key Financial Results

  • Revenue: ر.س1.50b (up 13% from FY 2023).
  • Net income: ر.س456.3m (up 28% from FY 2023).
  • Profit margin: 30% (up from 27% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: ر.س8.73 (up from ر.س6.80 in FY 2023).
    earnings-and-revenue-growth
    SASE:1830 Earnings and Revenue Growth February 19th 2025

    All figures shown in the chart above are for the trailing 12 month (TTM) period

    Leejam Sports Revenues and Earnings Miss Expectations

    Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 1.4%.

    Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Saudi Arabia.

    Performance of the Saudi Hospitality industry.

    The company's shares are down 1.6% from a week ago.

    Risk Analysis

    Before you take the next step you should know about the 1 warning sign for Leejam Sports that we have uncovered.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.