iOud profit rises 31% to SAR 4.9M in 2023

31/03/2024 Argaam Exclusive

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Intelligent Oud Co. (iOud) reported an increase of 31% in its 2023 net profit to SAR 4.9 million, from SAR 3.7 million in the prior-year period.



Financials (M)

Item 2022 2023 Change‬
Revenues 23.09 25.20 9.1 %
Gross Income 14.45 17.87 23.7 %
Operating Income 5.05 7.74 53.2 %
Net Income 3.72 5.28 41.7 %
Average Shares 1.56 1.95 25.0 %
Earnings Per Share before unusual items (Riyals) 2.39 2.71 13.4 %
EPS (Riyals) 2.39 2.71 13.4 %


Current Half Annual Comparison (M)

Compared With The
Item H2 2022 H2 2023 Change‬
Revenues 15.96 17.31 8.4 %
Gross Income 9.55 11.78 23.3 %
Operating Income 4.17 6.03 44.7 %
Net Income 3.41 4.56 33.7 %
Average Shares 1.56 1.95 25.0 %
Earnings Per Share before unusual items (Riyals) 2.18 2.34 6.9 %
EPS (Riyals) 2.18 2.34 6.9 %

The profit growth was spurred by better sales from the introduction of new offerings, higher selling rates, and the acquisition of new customers.

 

The company also reported lower raw material costs. 

 

Shareholders’ equity, no minority interest, stood at SAR 40.56 million as of Dec. 31, 2023, up from SAR 22.01million a year earlier.

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Share Price

Intelligent Oud Company for Trading (IOUD)


Current
Market Cap (M Riyal) 93.60
Enterprise Value (EV) (M) 111.71
Shares Outstanding ((M)) 1.95
Book Value (BV) ( Riyal) 23.81
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 19.74
Price/book 2.02

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Comments 5

1
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Fadel2019

منذ 4 سنه

زعيم الريتات مشاركه ريت  نتائج ممتازه

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TASI Investor

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نتائج ممتازة بالرغم من ظروف الجائحة

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مستثمر متفائل

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ممتاز إلى الآن لا يوجد تأثر من أزمة جائحة كورونا و بالتالي إن شاء الله يستمر مبلغ التوزيعات كما هو.

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المونس

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ربح ٢٦ هللة ويوزع ٣٥ هللة 

من وين الزيادة ؟

وشكراً لكم

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HFFRSA4UO

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‏ما هي توقعاتكم لاسهم  بكرة

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