New Risk • 48m
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$90.2m 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 Risk Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (US$90.2m market cap). Tillkännagivande • Mar 17
Ithmaar Holding B.S.C. to Report Q1, 2026 Results on May 13, 2026 Ithmaar Holding B.S.C. announced that they will report Q1, 2026 results on May 13, 2026 Tillkännagivande • Mar 05
Ithmaar Holding B.S.C., Annual General Meeting, Mar 29, 2026 Ithmaar Holding B.S.C., Annual General Meeting, Mar 29, 2026, at 13:00 Arab Standard Time. Location: noble meeting room, the westin city centre bahrain, hotel, seef district, kingdom of bahrain, seef Bahrain Tillkännagivande • Dec 08
Ithmaar Holding B.S.C. to Report Fiscal Year 2025 Results on Feb 11, 2026 Ithmaar Holding B.S.C. announced that they will report fiscal year 2025 results at 12:30 PM, Arabian Standard Time on Feb 11, 2026 Tillkännagivande • Sep 23
Ithmaar Holding B.S.C. to Report Q3, 2025 Results on Nov 12, 2025 Ithmaar Holding B.S.C. announced that they will report Q3, 2025 results on Nov 12, 2025 New Risk • Aug 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (US$96.0m market cap). Tillkännagivande • Jun 23
Ithmaar Holding B.S.C. to Report Q2, 2025 Results on Aug 03, 2025 Ithmaar Holding B.S.C. announced that they will report Q2, 2025 results at 2:00 PM, Arabian Standard Time on Aug 03, 2025 New Risk • Jun 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$93.1m 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 Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (US$93.1m market cap). New Risk • May 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin). Tillkännagivande • Mar 27
Ithmaar Holding B.S.C. Announces Board Appointments Ithmaar Holding B.S.C. announced the list of its Board of Directors elected and appointed in its Ordinary General Meeting that was held on 26 March 2025. Members elected by the shareholders in a secret ballot during the Ordinary General Meeting:
HRH Prince Amr Mohammed Al Faisal Al Saud [Non-Executive]. Tunku Yaacob Khyra [Independent]. Dr. Amani Khaled Bouresli [Independent]. Ms. Elham Ebrahim Hasan [Independent]. Members appointed by the major shareholders in accordance with Article (175) of the Commercial Companies Law No. (21) of 2001 (as amended): Sheikh Mohamed Abdullah El Khereiji [Non-Executive]. Mr. Juma Hasan Abul [Executive]. Tillkännagivande • Mar 18
Ithmaar Holding B.S.C. to Report Q1, 2025 Results on May 14, 2025 Ithmaar Holding B.S.C. announced that they will report Q1, 2025 results on May 14, 2025 Tillkännagivande • Feb 07
Ithmaar Holding B.S.C., Annual General Meeting, Mar 24, 2025 Ithmaar Holding B.S.C., Annual General Meeting, Mar 24, 2025. Tillkännagivande • Dec 24
Ithmaar Holding B.S.C. to Report Fiscal Year 2024 Results on Feb 13, 2025 Ithmaar Holding B.S.C. announced that they will report fiscal year 2024 results on Feb 13, 2025 New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$52.4m market cap). Tillkännagivande • Sep 23
Ithmaar Holding B.S.C. to Report Q3, 2024 Results on Nov 13, 2024 Ithmaar Holding B.S.C. announced that they will report Q3, 2024 results on Nov 13, 2024 Tillkännagivande • Jun 25
Ithmaar Holding B.S.C. to Report Q2, 2024 Results on Aug 13, 2024 Ithmaar Holding B.S.C. announced that they will report Q2, 2024 results on Aug 13, 2024 Tillkännagivande • Jun 13
Ithmaar Holding B.S.C, Ithmaar Bank and Ib Capital Announces the Appointment of Maysan Faisal Almaskati as the Chief Executive Officer The Board of Directors of Ithmaar Holding B.S.C announced the appointment of Mr. Maysan Faisal Almaskati as the Chief Executive Officer of Ithmaar Holding, and the Company's two wholly-owned subsidiaries, Ithmaar Bank and IB Capital after obtaining approval of the Central Bank of Bahrain. Prior to his appointment as Ithmaar CEO, Mr. Almaskati was serving as Ithmaar Bank's Assistant General Manager, Business Banking Group with over 24 years of investment and banking experience. Tillkännagivande • Mar 21
Ithmaar Holding B.S.C. to Report Q1, 2024 Results on May 14, 2024 Ithmaar Holding B.S.C. announced that they will report Q1, 2024 results on May 14, 2024 Tillkännagivande • Mar 15
Ithmaar Holding B.S.C. Announces the Resignation of Abdulla Abdulaziz Taleb as Chief Executive Officer, Effective 14 April 2024 Ithmaar Holding B.S.C. announced the resignation of Mr. Abdulla Abdulaziz Taleb from his position as the Chief Executive Officer. His last working day shall be 14 April 2024. Mr. Taleb has also resigned from his position as Chief Executive Officer from Ithmaar Holding's wholly-owned subsidiaries, Ithmaar Bank B.S.C. (Closed) and IB Capital B.S.C. (Closed) (together, "Ithmaar Group"). Tillkännagivande • Mar 04
Ithmaar Holding B.S.C., Annual General Meeting, Mar 25, 2024 Ithmaar Holding B.S.C., Annual General Meeting, Mar 25, 2024, at 10:30 Coordinated Universal Time. Location: Rotonda Meeting Room, The Ritz-Carlton Hotel Seef District Bahrain Agenda: To receive and approve the minutes of the Ordinary General Meeting of the Company held on 27 March 2023; to discuss and approve the Directors' Report on the Company's business and financial position for the financial year ended 31 December 2023; to receive the Sharia Supervisory Board's Report on the Company's business for the financial year ended 31 December 2023; to receive the External Auditors' Report on the Company's Consolidated Financial Statements for the financial year ended 31 December 2023; to discuss and approve the Company's Consolidated Financial Statements for the financial year ended 31 December 2023; to adopt the Board of Directors' recommendation, subject to obtaining the approvals of the relevant governmental and regulatory authorities, to transfer the losses for the financial year ended 31 December 2023 amounting to USD 9,311,000 to the accumulated losses; and to consider other maters. Tillkännagivande • Feb 29
Ithmaar Holding B.S.C. Announces Appointment of Juma Hasan Ali Abul as an Executive Director The Board of Directors of Ithmaar Holding B.S.C. announced the appointment of Mr. Juma Hasan Ali Abul as an Executive Director, representing the major shareholder Dar Al- Maal Al-Islami Trust (‘DMIT’), effective 28 February 2024 after obtaining the approval from the Central Bank of Bahrain. DMIT's appointment of Mr. Abul follows the resignation of their previous representative, Mr. Mohammed Bucheeri. Mr. Abul was further appointed as an Executive Director on the Board of Directors of Ithmaar Holding's wholly-owned subsidiary, Ithmaar Bank B.S.C. (Closed). Board Change • Feb 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Jan 02
Ithmaar Holding Announces the Resignation of the Board Member, Mohammed Bucheeri The Board of Directors of Ithmaar Holding announced the resignation of its board member, Mr. Mohammed Bucheeri, due to health reasons. The resignation will be effective end of day 31 December 2023. Mr. Bucheeri was an appointed Board member by a major shareholder, Dar Al-Maal Al-Islami Trust, and the disclosure for a replacement appointment shall be issued in due course. Tillkännagivande • Dec 26
Ithmaar Holding B.S.C. to Report Fiscal Year 2023 Results on Feb 13, 2024 Ithmaar Holding B.S.C. announced that they will report fiscal year 2023 results on Feb 13, 2024 Board Change • Dec 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Sep 22
Ithmaar Holding B.S.C. to Report Q3, 2023 Results on Nov 13, 2023 Ithmaar Holding B.S.C. announced that they will report Q3, 2023 results at 9:30 AM, Arabian Standard Time on Nov 13, 2023 Tillkännagivande • Jun 23
Ithmaar Holding B.S.C. to Report Q2, 2023 Results on Aug 13, 2023 Ithmaar Holding B.S.C. announced that they will report Q2, 2023 results at 9:30 AM, Arabian Standard Time on Aug 13, 2023 Reported Earnings • Jun 08
First quarter 2023 earnings released: US$0.001 loss per share (vs US$0.002 loss in 1Q 2022) First quarter 2023 results: US$0.001 loss per share (improved from US$0.002 loss in 1Q 2022). Revenue: US$202.3m (up 253% from 1Q 2022). Net income: US$233.6m (up US$238.0m from 1Q 2022). Board Change • Jun 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Dec 26
Ithmaar Holding B.S.C. to Report Fiscal Year 2022 Results on Feb 13, 2023 Ithmaar Holding B.S.C. announced that they will report fiscal year 2022 results at 12:30 PM, Arabian Standard Time on Feb 13, 2023 Board Change • Dec 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 11
Less than half of directors are independent 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. 4 experienced directors. 7 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non Executive Director Elham Ebrahim Hasan was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 30
Second quarter 2022 earnings released: EPS: US$0.001 (vs US$0.002 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.001 (up from US$0.002 loss in 2Q 2021). Revenue: US$64.4m (flat on 2Q 2021). Net income: US$4.09m (up US$8.94m from 2Q 2021). Profit margin: 6.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Aug 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 16
First quarter 2022 earnings released: US$0.002 loss per share (vs US$0.003 profit in 1Q 2021) First quarter 2022 results: US$0.002 loss per share (down from US$0.003 profit in 1Q 2021). Revenue: US$57.2m (down 19% from 1Q 2021). Net loss: US$4.37m (down 149% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 16
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.013 (up from US$0.014 loss in FY 2020). Revenue: US$335.1m (up 7.5% from FY 2020). Net income: US$38.6m (up US$80.3m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 107%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Jan 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 15
Third quarter 2021 earnings released: US$0.001 loss per share (vs US$0.001 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$60.8m (up 4.3% from 3Q 2020). Net loss: US$2.53m (loss widened 27% from 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Board Change • Nov 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Non Executive Director Elham Ebrahim Hasan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 
