Raoom Trading Co. reported a net profit of SAR 27.7 million for H1 2023, an increase of 71% from SAR 16.2 million in the prior-year period.
| Item | 6m 2022 | 6m 2023 | Change |
|---|---|---|---|
| Revenues | 65.04 | 68.48 | 5.3 % |
| Gross Income | 21.87 | 21.29 | (2.6 %) |
| Operating Income | 17.66 | 16.25 | (8.0 %) |
| Net Income | 16.24 | 27.69 | 70.5 % |
| Average Shares | 6.25 | 6.25 | - |
| EPS (Riyals) | 2.60 | 4.43 | 70.5 % |
This was primarily backed by a 5.3% year-on-year (YoY) surge in revenue to SAR 68.47 million, as revenues of all segments grew thanks to the growth in the business segment. This is in addition to an expanded customer base, alongside realizing non-recurring profits from short-term investments.
This was despite operating profits for the current period decreasing by 8.0% to SAR 16.25 million, compared to SAR 17.66 million in H1 2022, mainly due to higher cost of revenue and lower average selling prices.
| Item | Q2 2022 | Q2 2023 | Change |
|---|---|---|---|
| Revenues | 31.65 | 30.44 | (3.8 %) |
| Gross Income | 13.09 | 7.37 | (43.7 %) |
| Operating Income | 10.67 | 4.77 | (55.3 %) |
| Net Income | 9.95 | 14.84 | 49.2 % |
| Average Shares | 6.25 | 6.25 | - |
| EPS (Riyals) | 1.59 | 2.37 | 49.2 % |
| Item | Q1 2023 | Q2 2023 | Change |
|---|---|---|---|
| Revenues | 38.04 | 30.44 | (20.0 %) |
| Gross Income | 13.92 | 7.37 | (47.1 %) |
| Operating Income | 11.48 | 4.77 | (58.5 %) |
| Net Income | 12.85 | 14.84 | 15.5 % |
| Average Shares | 6.25 | 6.25 | - |
| EPS (Riyals) | 2.06 | 2.37 | 15.5 % |
Total shareholders’ equity, no minority interest, stood at SAR 128.35 million by the end of H1 2023, compared to SAR 105.44 million a year ago.
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| Q1 2014 | - | - | - | - | - | - | - |
| Q2 2014 | - | - | - | - | - | - | - |
| Q3 2014 | - | - | - | - | - | - | - |
| Q4 2014 | - | - | - | - | - | - | - |
| 2014 | - | - | - | - | - | - | - |
| Q1 2015 | - | - | - | - | - | - | - |
| Q2 2015 | - | - | - | - | - | - | - |
| Q3 2015 | - | - | - | - | - | - | - |
| Q4 2015 | - | - | - | - | - | - | - |
| 2015 | - | - | - | - | - | - | - |
| Q1 2016 | - | - | - | - | - | - | - |
| Q2 2016 | - | - | - | - | - | - | - |
| Q3 2016 | - | - | - | - | - | - | - |
| Q4 2016 | - | - | - | - | - | - | - |
| 2016 | - | - | - | - | - | - | - |
| Q1 2017 | - | - | - | - | - | - | - |
| Q2 2017 | - | - | - | - | - | - | - |
| Q3 2017 | - | - | - | - | - | - | - |
| Q4 2017 | - | - | - | - | - | - | - |
| 2017 | - | - | - | - | - | - | - |
| Q1 2018 | - | - | - | - | - | - | - |
| Q2 2018 | - | - | - | - | - | - | - |
| Q3 2018 | - | - | - | - | - | - | - |
| Q4 2018 | - | - | - | - | - | - | - |
| 2018 | - | - | - | - | - | - | - |
| Q1 2019 | - | - | - | - | - | - | - |
| Q2 2019 | - | - | - | - | - | - | - |
| Q3 2019 | - | - | - | - | - | - | - |
| Q4 2019 | - | - | - | - | - | - | - |
| 2019 | 96.65 | - | 30.95 | - | 17.05 | - | 2.73 |
| Q1 2020 | 27.29 | - | 11.13 | - | 7.69 | - | 1.23 |
| Q2 2020 | 28.38 | - | 10.96 | - | 8.36 | - | 1.34 |
| Q3 2020 | - | - | - | - | - | - | - |
| Q4 2020 | - | - | - | - | - | - | - |
| 2020 | 108.86 | 12.6 % | 39.36 | 27.2 % | 26.07 | 52.9 % | 4.17 |
| Q1 2021 | 29.83 | 9.3 % | 12.09 | 8.6 % | 8.53 | 10.9 % | 1.36 |
| Q2 2021 | 25.89 | (8.8 %) | 10.09 | (7.9 %) | 6.87 | (17.9 %) | 1.10 |
| Q3 2021 | - | - | - | - | - | - | - |
| Q4 2021 | - | - | - | - | - | - | - |
| 2021 | 110.19 | 1.2 % | 38.00 | (3.5 %) | 24.88 | (4.5 %) | 3.98 |
| Q1 2022 | 33.39 | 11.9 % | 8.78 | (27.4 %) | 6.29 | (26.2 %) | 1.01 |
| Q2 2022 | 31.65 | 22.3 % | 13.09 | 29.7 % | 9.95 | 44.8 % | 1.59 |
| Q3 2022 | 33.16 | - | 8.32 | - | 5.78 | - | 0.92 |
| Q4 2022 | 37.03 | - | 13.41 | - | 8.73 | - | 1.40 |
| 2022 | 135.23 | 22.7 % | 43.71 | 15.0 % | 30.74 | 23.6 % | 4.92 |
| Q1 2023 | 38.04 | 13.9 % | 13.92 | 58.6 % | 12.85 | 104.2 % | 2.06 |
| Q2 2023 | 30.44 | (3.8 %) | 7.37 | (43.7 %) | 14.84 | 49.2 % | 2.37 |
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| 2013 | - | - | - | - | - | - | - |
| 2014 | - | - | - | - | - | - | - |
| 2015 | - | - | - | - | - | - | - |
| 2016 | - | - | - | - | - | - | - |
| 2017 | - | - | - | - | - | - | - |
| 2018 | - | - | - | - | - | - | - |
| 2019 | 96.65 | - | 30.95 | - | 17.05 | - | 2.73 |
| 2020 | 108.86 | 12.6 % | 39.36 | 27.2 % | 26.07 | 52.9 % | 4.17 |
| 2021 | 110.19 | 1.2 % | 38.00 | (3.5 %) | 24.88 | (4.5 %) | 3.98 |
| 2022 | 135.23 | 22.7 % | 43.71 | 15.0 % | 30.74 | 23.6 % | 4.92 |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2014 | - | - | - |
| Q2 2014 | - | - | - |
| Q3 2014 | - | - | - |
| Q4 2014 | - | - | - |
| 2014 | - | - | - |
| Q1 2015 | - | - | - |
| Q2 2015 | - | - | - |
| Q3 2015 | - | - | - |
| Q4 2015 | - | - | - |
| 2015 | - | - | - |
| Q1 2016 | - | - | - |
| Q2 2016 | - | - | - |
| Q3 2016 | - | - | - |
| Q4 2016 | - | - | - |
| 2016 | - | - | - |
| Q1 2017 | - | - | - |
| Q2 2017 | - | - | - |
| Q3 2017 | - | - | - |
| Q4 2017 | - | - | - |
| 2017 | - | - | - |
| Q1 2018 | - | - | - |
| Q2 2018 | - | - | - |
| Q3 2018 | - | - | - |
| Q4 2018 | - | - | - |
| 2018 | - | - | - |
| Q1 2019 | - | - | - |
| Q2 2019 | - | - | - |
| Q3 2019 | - | - | - |
| Q4 2019 | - | - | - |
| 2019 | 32.02 % | 30.47 % | 17.64 % |
| Q1 2020 | 40.79 % | - | 28.16 % |
| Q2 2020 | 39.68 % | - | 28.83 % |
| Q3 2020 | - | - | - |
| Q4 2020 | - | - | - |
| 2020 | 36.16 % | 34.07 % | 23.95 % |
| Q1 2021 | 39.97 % | - | 28.74 % |
| Q2 2021 | 39.75 % | - | 28.23 % |
| Q3 2021 | - | - | - |
| Q4 2021 | - | - | - |
| 2021 | 34.48 % | 30.09 % | 22.58 % |
| Q1 2022 | 35.68 % | - | 25.58 % |
| Q2 2022 | 36.48 % | - | 26.20 % |
| Q3 2022 | 32.46 % | 26.65 % | 23.28 % |
| Q4 2022 | 32.23 % | 27.25 % | 22.73 % |
| 2022 | 32.32 % | 29.26 % | 22.73 % |
| Q1 2023 | 34.84 % | - | 26.67 % |
| Q2 2023 | 31.02 % | - | 20.33 % |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| 2013 | - | - | - |
| 2014 | - | - | - |
| 2015 | - | - | - |
| 2016 | - | - | - |
| 2017 | - | - | - |
| 2018 | - | - | - |
| 2019 | 32.02 % | 30.47 % | 17.64 % |
| 2020 | 36.16 % | 34.07 % | 23.95 % |
| 2021 | 34.48 % | 30.09 % | 22.58 % |
| 2022 | 32.32 % | 29.26 % | 22.73 % |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2014 | - | - | - |
| Q2 2014 | - | - | - |
| Q3 2014 | - | - | - |
| Q4 2014 | - | - | - |
| Q1 2015 | - | - | - |
| Q2 2015 | - | - | - |
| Q3 2015 | - | - | - |
| Q4 2015 | - | - | - |
| Q1 2016 | - | - | - |
| Q2 2016 | - | - | - |
| Q3 2016 | - | - | - |
| Q4 2016 | - | - | - |
| Q1 2017 | - | - | - |
| Q2 2017 | - | - | - |
| Q3 2017 | - | - | - |
| Q4 2017 | - | - | - |
| Q1 2018 | - | - | - |
| Q2 2018 | - | - | - |
| Q3 2018 | - | - | - |
| Q4 2018 | - | - | - |
| Q1 2019 | - | - | - |
| Q2 2019 | - | - | - |
| Q3 2019 | - | - | - |
| Q4 2019 | - | - | - |
| Q1 2020 | 40.79 % | - | 28.16 % |
| Q2 2020 | 38.61 % | - | 29.47 % |
| Q3 2020 | - | - | - |
| Q4 2020 | - | - | - |
| Q1 2021 | 40.53 % | - | 28.58 % |
| Q2 2021 | 38.99 % | - | 26.54 % |
| Q3 2021 | - | - | - |
| Q4 2021 | - | - | - |
| Q1 2022 | 26.29 % | - | 18.85 % |
| Q2 2022 | 41.34 % | - | 31.42 % |
| Q3 2022 | 25.08 % | 23.60 % | 17.43 % |
| Q4 2022 | 36.21 % | 30.68 % | 23.57 % |
| Q1 2023 | 36.60 % | - | 33.79 % |
| Q2 2023 | 24.21 % | - | 2.74 % |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| Q1 2014 | - | - | - | - |
| Q2 2014 | - | - | - | - |
| Q3 2014 | - | - | - | - |
| Q4 2014 | - | - | - | - |
| Q1 2015 | - | - | - | - |
| Q2 2015 | - | - | - | - |
| Q3 2015 | - | - | - | - |
| Q4 2015 | - | - | - | - |
| Q1 2016 | - | - | - | - |
| Q2 2016 | - | - | - | - |
| Q3 2016 | - | - | - | - |
| Q4 2016 | - | - | - | - |
| Q1 2017 | - | - | - | - |
| Q2 2017 | - | - | - | - |
| Q3 2017 | - | - | - | - |
| Q4 2017 | - | - | - | - |
| Q1 2018 | - | - | - | - |
| Q2 2018 | - | - | - | - |
| Q3 2018 | - | - | - | - |
| Q4 2018 | - | - | - | - |
| Q1 2019 | - | - | - | - |
| Q2 2019 | - | - | - | - |
| Q3 2019 | - | - | - | - |
| Q4 2019 | - | - | - | - |
| Q1 2020 | 6.25 | 1.23 | 1.23 | - |
| Q2 2020 | 6.25 | 2.57 | 2.57 | - |
| Q3 2020 | - | - | - | - |
| Q4 2020 | - | - | - | - |
| Q1 2021 | 6.25 | 3.93 | 3.93 | - |
| Q2 2021 | 6.25 | 5.03 | 5.03 | 14.09 |
| Q3 2021 | - | - | - | - |
| Q4 2021 | - | - | - | - |
| Q1 2022 | 6.25 | 4.81 | 4.81 | - |
| Q2 2022 | 6.25 | 5.06 | 5.06 | 16.87 |
| Q3 2022 | 6.25 | 4.62 | 4.62 | 17.80 |
| Q4 2022 | 6.25 | 4.92 | 4.92 | 17.13 |
| Q1 2023 | 6.25 | 5.97 | 5.97 | - |
| Q2 2023 | 6.25 | 6.75 | 4.51 | 20.54 |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| 2013 | - | - | - | - |
| 2014 | - | - | - | - |
| 2015 | - | - | - | - |
| 2016 | - | - | - | - |
| 2017 | - | - | - | - |
| 2018 | - | - | - | - |
| 2019 | 6.25 | 2.73 | 2.73 | 22.31 |
| 2020 | 6.25 | 4.17 | 4.17 | 13.87 |
| 2021 | 6.25 | 3.98 | 3.98 | 15.27 |
| 2022 | 6.25 | 4.92 | 4.92 | 17.13 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| Q1 2014 | - | - | - |
| Q2 2014 | - | - | - |
| Q3 2014 | - | - | - |
| Q4 2014 | - | - | - |
| Q1 2015 | - | - | - |
| Q2 2015 | - | - | - |
| Q3 2015 | - | - | - |
| Q4 2015 | - | - | - |
| Q1 2016 | - | - | - |
| Q2 2016 | - | - | - |
| Q3 2016 | - | - | - |
| Q4 2016 | - | - | - |
| Q1 2017 | - | - | - |
| Q2 2017 | - | - | - |
| Q3 2017 | - | - | - |
| Q4 2017 | - | - | - |
| Q1 2018 | - | - | - |
| Q2 2018 | - | - | - |
| Q3 2018 | - | - | - |
| Q4 2018 | - | - | - |
| Q1 2019 | - | - | - |
| Q2 2019 | - | - | - |
| Q3 2019 | - | - | - |
| Q4 2019 | - | - | - |
| Q1 2020 | - | - | - |
| Q2 2020 | - | - | - |
| Q3 2020 | - | - | - |
| Q4 2020 | - | - | - |
| Q1 2021 | - | - | - |
| Q2 2021 | - | - | - |
| Q3 2021 | - | - | - |
| Q4 2021 | - | - | - |
| Q1 2022 | 27.24 | 27.24 | - |
| Q2 2022 | 23.54 | 23.54 | 7.06 |
| Q3 2022 | 25.10 | 25.10 | 6.52 |
| Q4 2022 | 22.97 | 22.97 | 6.60 |
| Q1 2023 | 19.77 | 19.77 | - |
| Q2 2023 | 16.11 | 24.12 | 5.30 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| 2013 | - | - | - |
| 2014 | - | - | - |
| 2015 | - | - | - |
| 2016 | - | - | - |
| 2017 | - | - | - |
| 2018 | - | - | - |
| 2019 | - | - | - |
| 2020 | - | - | - |
| 2021 | - | - | - |
| 2022 | 22.97 | 22.97 | 6.60 |
Q1 2023
2023
| Period | Glass | Luxan and crystal | Plastic and acrylic |
|---|---|---|---|
| Q3 2022 | 26.89 | 5.74 | 0.52 |
| Q1 2023 | 29.51 | - | 8.53 |
| Period | Glass | Luxan and crystal | Plastic and acrylic |
|---|---|---|---|
| 2022 | 104.00 | - | 31.23 |
| Current | |
| Market Cap (M Riyal) | 850.00 |
| Enterprise Value (EV) (M) | 770.45 |
| Shares Outstanding ((M)) | 6.25 |
| Book Value (BV) ( Riyal) | 21.83 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | 28.97 |
| Price/book | 6.23 |
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