Future Vision for Health Training Co. announces its Interim Financial results for the period ending on 2025-06-30( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 7,598,511 | 7,149,458 | 6.28 | ||
| Net profit (Loss) | -193,666 | -130,798 | 48.064 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 24,689,782 | 9,526,336 | 159.173 | ||
| Profit (Loss) per Share | -0.0225 | -0.0165 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase in revenues is attributed to the expansion of the customer base, which led to revenue growth of more than 6% during the current period. This was driven by the rise in the number of training courses and the increase in government tenders compared to the same period of the previous year. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The increase in net loss is primarily due to the rise in financing and Zakat expenses compared to the same period of the previous year.
It is worth noting that the performance results of both periods were impacted by the reclassification of listing expenses, which are non-recurring in nature. In addition, the current period’s expenses include non-recurring costs related to short-term financing.
Please refer to the “Additional Information” tab below for further details on the non-recurring items. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the presentation in these condensed interim financial statements for the current period. |
| Additional Information | During the current period, certain comparative figures related to listing expenses were reclassified, which resulted in an increase in general and administrative expenses in both periods (Note 15 to the financial statements) and had a negative impact on the Company’s results. In addition, there was an increase in financing costs during the current period that is non-recurring in nature and relates to short-term financing.
It is worth noting that, excluding the aforementioned non-recurring items, the Company would have reported a net profit for both periods. This reflects the Company’s solid performance and its ability to continue its ambitious growth in the coming periods by strengthening its financial position and executing its expansion plans, as highlighted in its previous announcement regarding the capital increase, published on Tadawul on 26 August 2025. |
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