Below are the financial statements of Saudi Research and Media Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of SAR | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3,263.35a | 3,746.23a | 3,709.84a | 3,045.97a | 2,260.09a |
| Cost of revenue | -2,407.78a | -2,598.93a | -2,457.07a | -1,963.83a | -1,512.02a |
| Gross profit | 855.57a | 1,147.3a | 1,252.77a | 1,082.14a | 748.08a |
| Other operating income, net | 0.97a | 10.72a | 19.21a | 8.62a | 26.73a |
| Selling, marketing and distribution expenses | -98.08a | -99.43a | -97.73a | -95.18a | -74.96a |
| General and administrative expenses | -399.45a | -447.19a | -408.42a | -358.24a | -273.45a |
| (Provision) / reversal for expected credit losses and trade receivables | -20.28a | -5.01a | -17.69a | -7.91a | -12.07a |
| Impairment of property, plant and equipment | -25.94a | 0a | 0a | 0a | 0a |
| Impairment of inventory | -4.53a | 0a | 0a | 0a | 0a |
| Impairment of intangible assets and goodwill | -50.77a | -35a | 0a | 0a | -42.8a |
| Income from main operations | 257.49a | 581.41a | 748.15a | 629.44a | 371.53a |
| Finance cost | -124.03a | -94.7a | -60.04a | -57.25a | -69.97a |
| Finance income | 37.78a | 30.96a | 41.4a | 8.29a | 4.33a |
| Operating profit | 171.24a | 517.68a | 729.5a | 580.47a | 305.9a |
| Zakat and income tax | -32.84a | -5.47a | -87.4a | -66.33a | -78.1a |
| Profit before non-controlling interests | 138.41a | 512.21a | 642.1a | 514.15a | 227.79a |
| Non-controlling interest | 63.28a | 47.41a | 6.69a | 22.87a | 17.86a |
| Net profit attributable to parent company | 201.69a | 559.62a | 648.79a | 537.02a | 245.65a |
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