Saudi Telecom Company (7010) investor relations material

Executive summary

• Achieved 2.5% year-over-year revenue growth to 77,819 million and 2.2% EBITDA growth to 24,469 million for 2025, driven by operational efficiency and disciplined cost management.

• Net profit attributable to equity holders was 14,828 million, down 39.9% year-over-year, but up 12.5% after excluding non-recurring items.

• Expanded digital solutions, grew STC Bank to over 8 million customers, and led regional 6G technology trials.

• Strengthened digital ecosystem through major partnerships and infrastructure investments, including a $2 billion sukuk issuance and multiple strategic agreements.

Financial highlights

• Revenue increased to 77,819 million from 75,893 million year-over-year.

• EBITDA rose to 24,469 million, up 2.2% year-over-year.

• Net profit (attributable to equity holders) was 14,828 million, a 39.9% decrease year-over-year, but up 12.5% excluding non-recurring items.

• Capex was 11,795 million, down 1.1% year-over-year.

• Free cash flow declined 18.5% to 6,488 million.

Outlook and guidance

• Focus on digital transformation, infrastructure investment, and sustainable value creation aligned with Saudi Vision 2030.

• Ongoing expansion in digital banking, 5G, and 6G technology, with commercial satellite-to-mobile services expected in late 2026.