Saudi Research and Media Group (SASE) Q3 2025 earnings summary

Executive summary

• Revenues for the nine months ended 30 September 2025 were SAR 2.04 billion, down from SAR 2.52 billion year-over-year.

• Net loss for the nine-month period was SAR 60.2 million, compared to net income of SAR 271.4 million in the prior year.

• Total assets increased to SAR 5.80 billion as of 30 September 2025, up from SAR 5.49 billion at year-end 2024.

• Total equity stood at SAR 3.32 billion, with non-controlling interests at SAR 68.5 million.

Financial highlights

• Gross profit for the nine months was SAR 409.1 million, down from SAR 778.6 million year-over-year.

• Basic and diluted loss per share for the nine months was SAR (0.12), compared to earnings per share of SAR 3.96 last year.

• Cash and cash equivalents rose to SAR 661.0 million from SAR 538.6 million at year-end 2024.

• Net cash from operating activities for the nine months was SAR 686.2 million, up from SAR 284.1 million in the prior year.

Outlook and guidance

• Management expects adequate resources to continue operations for at least 12 months from the reporting date.