Riyad REIT Fund

SAU:4330Real Estatetasi

SAR 4.19−0.48%At closeAt close · Mon 19 Oct · ≈ AED 4.10 · Market cap $191.84M

SAR millions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Revenue	186.0	180.1	275.6	258.0	264.5	275.6	+4.2%
Cost of revenue	33.6	71.2	76.6	93.1	134.3	162.5	+21.0%
Gross profit	132.4	108.9	191.2	164.8	130.2	113.1	−13.2%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	36.6	43.1	51.0	73.4	176.3	68.3	−61.3%
Selling & marketing	1.5	4.2	5.6	12.8	10.8	10.4	−4.2%
Operating expenses	84.3	144.5	86.6	107.1	176.3	71.8	−59.3%
Operating income	20.6	37.0	47.2	57.8	(46.1)	41.3	+189.7%
Interest expense	21.0	27.9	50.0	86.4	103.3	91.9	−11.1%
Interest income	21.0	27.9	50.0	(0.8)	0.0	0.0	—
Other income / expense	24.5	59.5	41.8	(36.1)	(141.2)	(54.8)	+61.2%
Pre-tax income	45.1	96.6	88.9	21.7	(187.3)	(13.5)	+92.8%
Income tax	0.0	0.0	0.0	0.0	0.0	0.0	—
Net income	45.1	96.6	88.9	21.7	(187.3)	(13.5)	+92.8%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—
EPS, basic (per share)	0.26	0.56	0.52	0.13	(1.09)	(0.08)	+92.8%
EPS, diluted (per share)	0.26	0.56	0.52	0.13	(1.09)	(0.08)	+92.8%
EBITDA	90.2	158.9	101.0	141.2	(12.5)	111.3	+991.3%
Depreciation & amortization	24.7	31.0	31.0	33.8	33.6	32.9	−2.1%
Weighted average shares (shares)	171,697,101	171,697,101	171,697,101	171,698,101	171,697,101	171,697,101	+0.0%
Weighted average diluted shares (shares)	171,697,101	171,697,101	171,697,101	171,697,101	171,697,101	171,697,101	+0.0%
Gross margin	71.2%	60.5%	69.4%	63.9%	49.2%	41.0%	−8.2 pts
Operating margin	11.1%	20.6%	17.1%	22.4%	−17.4%	15.0%	+32.4 pts
Net margin	24.2%	53.6%	32.3%	8.4%	−70.8%	−4.9%	+65.9 pts

SAR millionsUpdated 31 Dec 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.