Sales / Revenue

Gross profit (loss)

Operating profit (loss)

Net profit (loss) after zakat and taxes

Total comprehensive income

Sales / Revenue

Gross profit (loss)

Operating profit (loss)

Net profit (loss) after zakat and taxes

Total comprehensive income

Total shareholders’ equity (after deduction of minority equity)

Earnings (loss) per share

The reason for the increase (decrease) in net profit in the current quarter compared to the same quarter of last year is

The reason for the decrease in net profit in the current quarter compared to the same quarter of the previous year is mainly due to:

1- The 41% decrease in operating income, operating income during Q3-2021 amounting to 112.4 million SAR, compared to 190.1 million SAR in Q3-2020 due to the realization of revenues from the medical equipment supply sector activity, amounting to SAR 85.8 million in the same quarter of the previous year

2- The decrease in gross margin of 59%, the gross margin in Q3-2021 amounting to 12.7 million SAR, compared to 31 million SAR in the third quarter-2020 due to the same quarter of the previous year including a total profit from the equipment supply sector of SAR 21.8 million, in addition to the inclusion in the current quarter of a total loss from the smart parking sector, which is still in the preparation and construction phase and is not fully operating the sites, this is offset by the improvement in total profit From the security guards sector, ATM feed sector, cash sector in transit and the real estate investment sector.

3- The 72% increase in financing costs, with financing costs during Q3-2021 amounting to 3.3 million SAR, compared to 1.9 million SAR during the same quarter of the year former.

The reason for the increase (decrease) in net profit in the current quarter compared to the previous period in the current year is

The reason for the decrease in net profit in the current quarter compared to the previous quarter is mainly due to:

1- The increase in general and administrative expenses of 9%, general and administrative expenses during Q3-2021 amounting to 12.1 million SAR, against 11.1 million SAR during the previous quarter of this year.

2- The increase in financing costs of 119%, financing costs during Q3-2021 amounting to 3.3 million SAR, compared to 1.5 million SAR during the previous quarter of the year In progress

3- Zakat spending increase of 81%, Zakat spending during Q3-2021 amounting to SAR 2 million, compared to SAR 1.1 million in the previous quarter of the current year

The reason for the increase (decrease) in net profit during the current period compared to the same period last year is

The reason for realizing a net profit in the current period compared to a net loss in the same period of the previous year is mainly due to:

1- Including the current period, reversal of provision for expected credit losses, net of 4.6 million SAR, against expected credit losses of 8.8 million SAR during the same period of the previous year.

2- Including the current period on unrealized income from investments at fair value through profit or loss, for an amount of SAR 853 thousand.

Declaration of the type of external auditor’s report

Unmodified conclusion

Reclassification of comparators

N / A