Jabal Omar Development Company (4250) Q4 2025 earnings summary

Executive summary

• Achieved a significant turnaround with net profit of SR 2.39 billion for 2025, up from SR 200 million in 2024, driven by strong asset sales and improved operations.

• Revenue rose to SR 2.11 billion, a 11% increase year-over-year, with growth across hotel, commercial, and property segments.

• Major gain of SR 2.32 billion from land parcel sales recognized as other operating income.

• Substantial reduction in loans and borrowings, improving the gearing ratio from 0.45 to 0.33.

Financial highlights

• Revenue: SR 2,113.9 million (2024: SR 1,901.4 million).

• Net profit: SR 2,392.5 million (2024: SR 200.1 million).

• Gross profit: SR 644.6 million (2024: SR 607.8 million).

• Basic and diluted EPS: SR 2.03 (2024: SR 0.17).

• Operating profit: SR 2,858.2 million (2024: SR 836.8 million).

Outlook and guidance

• Cash flow forecasts for the next 12 months indicate a net positive position, with no material uncertainties regarding going concern.

• Management continues to monitor geopolitical risks and market conditions, with no significant impact identified as of the reporting date.