Rasan Information Technology Co. announces its Annual Financial results for the period ending on 31-12-2025
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 653.25 | 358.33 | 82.3 | ||
| Gross Profit (Loss) | 464.9 | 238.14 | 95.22 | ||
| Operational Profit (Loss) | 251.41 | 98.85 | 154.33 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 246.89 | 94.73 | 160.62 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 246.97 | 97.64 | 152.94 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 705.53 | 414.9 | 70.05 | ||
| Profit (Loss) per Share | 3.26 | 1.29 | |||
| All figures are in (Millions) 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 (Millions) 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 | Sales/revenue in FY 2025 increased by 82% vs. FY 2024, due to the continued growth in motor retail, on-boarding of new customers in the leasing business, strong growth in health supported by continued product innovation and digital adoption, and achieving growth from the products launched in 2025. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit in FY 2025 increased by 161% vs. FY 2024, due to the following reasons:
• The strong top-line growth where revenue increased by 82% vs. FY 2024. • An increase in the gross profit margin by 4.7%. (71.2% in FY 2025 vs. 66.5% during FY 2024) driven by scale, product mix, up and cross-selling. • Increase in operating profit by 154% vs. FY 2024 driven by scale and enhancement of the operational efficiency. This resulted in an increase in operating profit margin to 38.5% vs. 27.6% in FY 2024. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | The attached document includes an adjusted profit margin after excluding non-cash expenses of SAR 22.4 million related to the employee stock program (Long-Term Incentive Plan) for the financial year 2025. Accordingly, the company’s adjusted net profit for the twelve months of 2025 amounts to SAR 269 million, compared to SAR 95 million for the same period in 2024, representing a growth of 184% |
| Attached Documents |  |
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