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WSM for Information Technology Co. announces its Annual Financial results for the period ending on 2025-12-31
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1447/10/11 30/03/2026 20:05:48
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 50,416,502 | 29,015,105 | 73.76 | ||
| Gross Profit (Loss) | 14,401,329 | 10,060,376 | 43.15 | ||
| Operational Profit (Loss) | 4,864,403 | 1,606,968 | 202.71 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 3,800,355 | 4,920,864 | -22.77 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 3,546,704 | 5,202,285 | -31.82 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 49,085,368 | 39,294,764 | 24.91 | ||
| Profit (Loss) per Share | 1.33 | 1.72 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in revenues during this year compared to the previous year is due to the acquisition of new projects and the increase in the completed work related to existing project contracts, in addition to the results of the acquisition of Wasl Technology Information Systems Company that took place during the previous year. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The company achieved a net profit of SAR 3,800,355 and the growth in net profit reached 418% excluding non-recurring items, mainly due to the growth in total profit and operating profit for the year 2025 by 43% and 203%, respectively, compared to the previous year. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Some of the comparative figures have been reclassified to align with the presentation of the financial statements for 2025. |
| Additional Information | None |
| Attached Documents |  |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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