Jahez net profit surges to SAR 117.1 mln in 2021; Q4 at SAR 27 mln

21/03/2022 Argaam Exclusive

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Jahez International Company for Information System Technology reported a net profit after Zakat and tax of SAR 117.1 million for 2021, a nearly three-fold rise from a net profit of SAR 39.7 million a year earlier. 



Financials (M)

Item 2020 2021 Change‬
Revenues 459.31 1,159.57 152.5 %
Gross Income 108.53 245.53 126.2 %
Operating Income 42.77 119.29 178.9 %
Net Income 42.01 117.07 178.7 %
Average Shares 140.00 192.00 37.1 %
EPS (Halala) 30.01 60.97 103.2 %

The profit surge was attributed to higher delivery fee and commission revenue, as well as increased gross merchandize value (GMV) and average take rate.

 

The company’s Q4 2021 net profit after Zakat and tax climbed to SAR 27.02 million, from a net loss after Zakat and tax of SAR 1.96 million.

 

Sequentially, profit declined 56% from SAR 61.33 million in Q3 2021.



Current Quarter Comparison (M)

Compared With The
Item Q4 2020 Q4 2021 Change‬
Revenues 171.09 311.87 82.3 %
Gross Income 30.83 53.21 72.6 %
Operating Income (0.89) 26.66 3108.7 %
Net Income (1.17) 27.02 2403.2 %
Average Shares 140.00 192.00 37.1 %
EPS (Halala) (0.84) 14.07 1779.4 %

Total shareholders’ equity, excluding minority interest, surged 325% to SAR 187.27 million from SAR 44.05 million a year ago.



Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Halala)
Q1 2012 - - - - - - -
Q2 2012 - - - - - - -
Q3 2012 - - - - - - -
Q4 2012 - - - - - - -
Q1 2013 - - - - - - -
Q2 2013 - - - - - - -
Q3 2013 - - - - - - -
Q4 2013 - - - - - - -
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 64.75 - 13.48 - 3.69 - 2.64
Q2 2020 93.93 - 26.19 - 17.74 - 12.67
Q3 2020 129.54 - 38.03 - 21.75 - 15.54
Q4 2020 171.09 - 30.83 - (1.17) - (0.84)
Q1 2021 243.29 275.7 % 59.43 340.9 % 26.34 613.4 % 18.81
Q2 2021 243.17 158.9 % 34.83 33.0 % 2.38 (86.6 %) 1.24
Q3 2021 361.24 178.9 % 98.05 157.8 % 61.33 182.0 % 31.94
Q4 2021 311.87 82.3 % 53.21 72.6 % 27.02 2403.2 % 14.07
2021 1,159.57 152.5 % 245.53 126.2 % 117.07 178.7 % 60.97

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
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 20.82 % 6.74 % 5.70 %
Q2 2020 25.00 % - 13.51 %
Q3 2020 26.96 % - 14.98 %
Q4 2020 23.63 % 9.66 % 9.15 %
Q1 2021 24.22 % 10.69 % 10.14 %
Q2 2021 20.72 % 7.12 % 6.26 %
Q3 2021 21.90 % 9.50 % 8.72 %
Q4 2021 21.17 % 10.81 % 10.10 %
2021 21.17 % 10.81 % 10.10 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
Q1 2012 - - - -
Q2 2012 - - - -
Q3 2012 - - - -
Q4 2012 - - - -
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
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 140.00 2.64 2.64 -
Q2 2020 140.00 15.31 15.31 -
Q3 2020 140.00 30.84 30.84 -
Q4 2020 140.00 30.01 30.01 0.31
Q1 2021 140.00 46.18 46.18 0.50
Q2 2021 192.00 25.68 25.68 -
Q3 2021 192.00 46.29 46.29 0.83
Q4 2021 192.00 60.97 60.97 0.98

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
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 - - -

Business Segments (Million)

Compared With The
Period Delivery Platforms Segment Logistics Activity Other Activities Exclusions

Current
Market Cap (M Riyal) 5,613.22
Enterprise Value (EV) (M) 4,392.47
Shares Outstanding ((M)) 209.84
Book Value (BV) ( Riyal) 5.49
Par Value ( Halala) 50.00
Adjusted P/E (Last12) 44.79
Price/book 4.87

Jahez International Company for Information Systems Technology (JAHEZ)


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