Nice One Beauty Digital Marketing Company (4193) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was SAR 295.96 million, down 9% year-over-year from SAR 324.97 million.

• Net profit for Q1 2026 was SAR 8.65 million, a 64% decrease from SAR 24.12 million in Q1 2025.

• Gross profit margin remained stable at 27% despite lower sales.

• The company operates in Saudi Arabia, Egypt, and UAE, with new subsidiaries yet to commence operations.

Financial highlights

• Operating profit for Q1 2026 was SAR 10.77 million, down from SAR 26.91 million in Q1 2025.

• Earnings per share for Q1 2026 was SAR 0.07, compared to SAR 0.21 in Q1 2025.

• Total assets increased to SAR 725.8 million as of March 31, 2026, from SAR 652.3 million at year-end 2025.

• Cash and cash equivalents rose to SAR 159.9 million from SAR 135.3 million at year-end 2025.

• Inventories increased to SAR 283.8 million, up from SAR 252.2 million at year-end 2025.

Outlook and guidance

• Management notes that Q1 results are not indicative of full-year performance due to seasonality, including Ramadan and public holidays.

• The company continues to monitor regional geopolitical developments, which have not yet materially impacted results but could affect future performance.