Saudi Azm for Communication and Information Technology Past Earnings Performance
Past criteria checks 3/6
Saudi Azm for Communication and Information Technology has been growing earnings at an average annual rate of 22%, while the IT industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 6.9% per year. Saudi Azm for Communication and Information Technology's return on equity is 31.7%, and it has net margins of 13.1%.
Key information
22.0%
Earnings growth rate
-155.0%
EPS growth rate
| IT Industry Growth | 20.9% |
| Revenue growth rate | 6.9% |
| Return on equity | 31.7% |
| Net Margin | 13.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Saudi Azm for Communication and Information Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 195 | 26 | 21 | 0 |
| 30 Sep 23 | 193 | 24 | 21 | 0 |
| 30 Jun 23 | 190 | 23 | 21 | 0 |
| 31 Mar 23 | 186 | 23 | 21 | 0 |
| 31 Dec 22 | 182 | 22 | 20 | 0 |
| 30 Sep 22 | 167 | 21 | 18 | 0 |
| 30 Jun 22 | 153 | 19 | 16 | 0 |
| 31 Mar 22 | 146 | 17 | 16 | 0 |
| 31 Dec 21 | 139 | 14 | 15 | 0 |
| 30 Sep 21 | 137 | 15 | 14 | 0 |
| 30 Jun 21 | 135 | 16 | 12 | 0 |
| 30 Jun 20 | 103 | 12 | 7 | 0 |
| 30 Jun 19 | 67 | 8 | 9 | 0 |
Quality Earnings: 9534 has a large one-off gain of SAR6.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 9534's current net profit margins (13.1%) are higher than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9534's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: 9534's earnings growth over the past year (15.5%) is below its 5-year average (22% per year).
Earnings vs Industry: 9534 earnings growth over the past year (15.5%) did not outperform the IT industry 18.8%.
Return on Equity
High ROE: 9534's Return on Equity (31.7%) is considered high.