Intelligent Oud 2022 earnings rise to SAR 3.7 mln
03/08/2023
Argaam Exclusive
View other reports
Intelligent Oud Co. (IOud), which is set to be listed on Nomu-Parallel Market, posted earnings of SAR 3.7 million for 2022, compared to SAR 771,000 a year earlier.
Financials (M)
| Item | 2021 | 2022 | Change |
|---|---|---|---|
| Revenues | 13.11 | 23.09 | 76.2 % |
| Gross Income | 8.41 | 14.45 | 71.8 % |
| Operating Income | 0.96 | 5.05 | 423.6 % |
| Net Income | 0.77 | 3.72 | 382.8 % |
| Average Shares | 1.56 | 1.56 | - |
| EPS (Riyals) | 0.49 | 2.39 | 382.8 % |
The profit growth was driven by a 76% leap year-on-year (YoY) in revenue to SAR 23 million, as well as higher operating profit margin from 11% to 22%.
This was despite a rise of over 100% in the cost of financing short-and long-term loans, as well as a 61% jump in the provision of Zakat and taxes.
General, administrative, and marketing expenses were up 16% YoY, while other revenues declined.
Compared With The
Current Half Annual Comparison (M)
| Item | H2 2021 | H2 2022 | Change |
|---|---|---|---|
| Average Shares | 1.56 | 1.56 | - |
Total shareholders' equity, no minority interest, reached SAR 22.02 million at the end of the period, compared to SAR 18.02 million a year before.
Financial results (Million)
| Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
|---|---|---|---|---|---|---|
| H1 2022 | 7.13 | - | 4.90 | - | 0.88 | - |
| H2 2022 | 15.96 | - | 9.55 | - | 4.17 | - |
| 2022 | 23.09 | 76.2 % | 14.45 | 71.8 % | 5.05 | 423.6 % |
Profit Performance (Million)
| Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
|---|---|---|---|---|---|---|
| H1 2022 | 0.32 | - | 0.20 | - | 0.32 | 0.20 |
| H2 2022 | 3.41 | - | 2.18 | - | 3.41 | 2.18 |
| 2022 | 3.72 | 382.8 % | 2.39 | - | 3.72 | 2.39 |
Profitability
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| H1 2022 | - | - | - |
| H2 2022 | 62.59 % | 27.86 % | 16.12 % |
| 2022 | 62.60 % | 27.86 % | 16.12 % |
Compared With The
Per Share Data (Riyal)
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| H1 2022 | 1.56 | - | - | 11.75 |
| H2 2022 | 1.56 | 2.39 | 2.39 | 14.11 |
Multiple Ratios (End of Period Price)
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| H1 2022 | - | - | - |
| H2 2022 | - | - | - |
Business Segments (Million)
2022
| Period | Manufacturing of oud and incense | Air fresheners and deodorizers | Sterilizer and cosmetics | Thannah food products |
|---|
| Current | |
| Market Cap (M Riyal) | 105.11 |
| Enterprise Value (EV) (M) | 113.48 |
| Shares Outstanding ((M)) | 1.95 |
| Book Value (BV) ( Riyal) | 21.08 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | 19.92 |
| Price/book | 2.56 |
Share Price
Intelligent Oud Company for Trading (IOUD)
Follow us on
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}