Reported Earnings • Apr 30
Third quarter 2026 earnings released: EPS: ر.س0.19 (vs ر.س0.14 in 3Q 2025) Third quarter 2026 results: EPS: ر.س0.19 (up from ر.س0.14 in 3Q 2025). Revenue: ر.س75.8m (up 18% from 3Q 2025). Net income: ر.س10.9m (up 37% from 3Q 2025). Profit margin: 14% (up from 12% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 29% per year. Reported Earnings • Jan 29
Second quarter 2026 earnings released: ر.س0.078 loss per share (vs ر.س0.12 profit in 2Q 2025) Second quarter 2026 results: ر.س0.078 loss per share (down from ر.س0.12 profit in 2Q 2025). Revenue: ر.س4.71m (down 93% from 2Q 2025). Net loss: ر.س4.32m (down 160% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 90% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jan 11
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to ر.س23.08. The fair value is estimated to be ر.س19.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Oct 29
First quarter 2026 earnings released: EPS: ر.س0.24 (vs ر.س0.15 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.24 (up from ر.س0.15 in 1Q 2025). Revenue: ر.س70.0m (up 12% from 1Q 2025). Net income: ر.س13.4m (up 55% from 1Q 2025). Profit margin: 19% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 16
Full year 2025 earnings released: EPS: ر.س0.64 (vs ر.س0.47 in FY 2024) Full year 2025 results: EPS: ر.س0.64 (up from ر.س0.47 in FY 2024). Revenue: ر.س253.2m (up 16% from FY 2024). Net income: ر.س39.2m (up 40% from FY 2024). Profit margin: 16% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س32.00, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 23x in the IT industry in Saudi Arabia. Total returns to shareholders of 298% over the past three years. New Risk • May 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Jan 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). High level of non-cash earnings (65% accrual ratio). Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ر.س35.00, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 39x in the IT industry in Saudi Arabia. Total returns to shareholders of 221% over the past year. New Risk • Oct 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 65% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (65% accrual ratio). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Large one-off items impacting financial results. Tillkännagivande • Sep 13
Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Oct 03, 2024 Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Oct 03, 2024, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ر.س27.90, the stock trades at a trailing P/E ratio of 65.6x. Average trailing P/E is 37x in the IT industry in Saudi Arabia. Total returns to shareholders of 147% over the past year. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to ر.س23.98, the stock trades at a trailing P/E ratio of 56.4x. Average trailing P/E is 32x in the IT industry in Saudi Arabia. Total returns to shareholders of 124% over the past year. New Risk • Jun 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س17.88, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 38x in the IT industry in Saudi Arabia. Total returns to shareholders of 55% over the past year. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س17.42, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 38x in the IT industry in Saudi Arabia. Total returns to shareholders of 92% over the past year. New Risk • Feb 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س13.20, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 31x in the IT industry in Saudi Arabia. Total returns to shareholders of 51% over the past year. Tillkännagivande • Jan 02
Saudi AZM for Communication and Information Technology Company Approves Board Changes Saudi AZM for Communication and Information Technology Company announced at ordinary general assembly meeting held on December 28, 2023, approved the Board of Directors' decision to appoint Mr. Omar bin Fahd Al-Sunaidi as an independent member of the Board of Directors, starting from the date of his appointment on July 6, 2023 to complete the Board's session until the end of the current Board session on June 21, 2026 succeeding the previous member, Mr. Firas bin Khaled Al-Jariwi Non-executive. Tillkännagivande • Dec 08
Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Dec 28, 2023 Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Dec 28, 2023, at 15:30 Coordinated Universal Time. Location: God Almighty, Company headquarters Riyadh Saudi Arabia New Risk • Aug 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (5.8% average weekly change). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ر.س172, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 26x in the IT industry in Saudi Arabia. Tillkännagivande • Dec 30
Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Jan 22, 2023 Saudi Azm for Communication and Information Technology Company, Annual General Meeting, Jan 22, 2023, at 15:30 Coordinated Universal Time. Agenda: To consider the Board of Directors Report for the fiscal year ending on 30-06-2022AD; to consider External Auditors Report for the financial year ending on 30-06-2022AD; to consider the financial statements for the fiscal year ending on 30-06-2022AD; to consider the business and contracts concluded between the company and the business development mine company in the year 2022; and to consider other matters. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . 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 • Sep 30
Full year 2022 earnings released Full year 2022 results: Revenue: ر.س152.6m (up 13% from FY 2021). Net income: ر.س19.1m (up 23% from FY 2021). Profit margin: 13% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Buying Opportunity • Aug 01
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 2.8%. The fair value is estimated to be ر.س228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 96%. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 16% share price gain to ر.س194, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 22x in the IT industry in Asia. Buying Opportunity • Jun 02
Now 23% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be ر.س229, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 96%. Tillkännagivande • May 12
Saudi Azm for Communication and Information Technology Co. Announces the Decision of Its Board of Directors to Form the Nomination and Remuneration Committee Saudi Azm for Communication and Information Technology CO announced the decision of its board of directors issued unanimously in its meeting held on May 09, 2022 to form the Nominations and Remunerations Committee from the date of the decision until the end of the current board period, as follows: The unanimous approval of the appointment of Mr. Omar Abdul Rahman Aljeraisy, Chairman, Mr. Magdy Qari, Member, Mrs. Rawan Hisham Alsharhan Member and Mr. Yasser bin Madhi - Secretary of the Committee. 