National Company for Learning and Education Third Quarter 2024 Earnings: EPS: ر.س0.81 (vs ر.س0.64 in 3Q 2023)

National Company for Learning and Education (TADAWUL:4291) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س141.8m (up 21% from 3Q 2023).
• Net income: ر.س34.8m (up 26% from 3Q 2023).
• Profit margin: 25% (up from 24% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ر.س0.81 (up from ر.س0.64 in 3Q 2023).

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

National Company for Learning and Education Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in Asia.

Performance of the market in Saudi Arabia.

The company's shares are up 7.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of National Company for Learning and Education's balance sheet and an in-depth analysis of the company's financial position.

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