Academy of Learning Co. (AOL), which is in the process for direct listing in Nomu-Parallel Market, reported a net profit of SAR 16.2 million for 2021, a 12% increase from SAR 14.5 million in 2020.
| Item | 2020 | 2021 | Change |
|---|---|---|---|
| Revenues | 33.79 | 42.28 | 25.1 % |
| Gross Income | 19.46 | 26.98 | 38.6 % |
| Operating Income | 15.13 | 18.51 | 22.3 % |
| Net Income | 14.53 | 16.20 | 11.5 % |
| Average Shares | 60.00 | 60.00 | - |
| EPS (Riyals) | 0.24 | 0.27 | 11.5 % |
The increase in the net profit is driven by higher revenue and gross profit margin, despite the increase in general and administrative expenses as well as selling and marketing expenses.
Shareholders’ equity, excluding minority interest, stood at SAR 93.2 million as of Dec. 31, 2021, increasing from SAR 20.7 million in 2020.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}