| SAR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 186.9 | 227.4 | 319.5 | 656.5 | 754.2 | 652.6 | −13.5% | |
| Cost of revenue | 16.5 | 23.1 | 69.4 | 113.1 | 106.3 | 143.7 | +35.2% | |
| Gross profit | 170.4 | 204.3 | 250.1 | 543.4 | 647.9 | 508.9 | −21.5% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 23.9 | 26.6 | 4.5 | 5.9 | 5.9 | 6.4 | +8.8% | |
| Selling & marketing | 0.7 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Operating expenses | 186.3 | 270.0 | 302.5 | 533.8 | 659.0 | 768.1 | +16.6% | |
| Operating income | (15.9) | (65.7) | (52.5) | 9.6 | (11.1) | (259.2) | −2244.9% | |
| Interest expense | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 | 0.0 | −57.9% | |
| Interest income | 0.5 | 0.2 | 1.8 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Pre-tax income | (15.9) | (65.7) | (52.5) | 9.6 | (11.1) | (259.2) | −2244.9% | |
| Income tax | 28.0 | 8.0 | 3.0 | 4.3 | 4.0 | (3.0) | −175.1% | |
| Net income | (43.9) | (73.7) | (55.5) | 5.3 | (15.1) | (256.2) | −1601.9% | |
| 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) | (1.10) | (1.84) | (1.39) | 0.13 | (0.38) | (6.41) | −1586.8% | |
| EPS, diluted (per share) | (1.10) | (1.84) | (1.39) | 0.13 | (0.38) | (6.41) | −1586.8% | |
| EBITDA | (10.9) | (58.2) | (45.4) | 16.7 | (0.9) | (242.9) | −27012.2% | |
| Depreciation & amortization | 4.8 | 7.2 | 7.0 | 7.1 | 10.1 | 16.3 | +61.1% | |
| Weighted average shares (shares) | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 39,618,000 | 40,000,000 | +1.0% | |
| Weighted average diluted shares (shares) | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 39,618,000 | 40,000,000 | +1.0% | |
| Gross margin | 91.2% | 89.8% | 78.3% | 82.8% | 85.9% | 78.0% | −7.9 pts | |
| Operating margin | −8.5% | −28.9% | −16.4% | 1.5% | −1.5% | −39.7% | −38.3 pts | |
| Net margin | −23.5% | −32.4% | −17.4% | 0.8% | −2.0% | −39.3% | −37.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
