Rasan (8313) Q3 2025 earnings summary

Executive summary

• Achieved 83% year-over-year revenue growth for the first nine months of 2025, reaching SAR 440 million.

• Gross profit increased by 115% year-over-year to SAR 312 million, with margin improving to 71%.

• Adjusted net profit surged 213% year-over-year to SAR 172 million, reflecting strong operational leverage.

• Adjusted EBITDA rose 176% year-over-year to SAR 187 million, with margin improving to 42%.

• Growth driven by strong performance in motor retail, leasing, health, and new product launches.

Financial highlights

• Revenue: SAR 440 million, up 83% year-over-year.

• Gross profit: SAR 312 million, up 115% year-over-year; margin improved from 60% to 71%.

• Adjusted EBITDA: SAR 187 million, up 176% year-over-year; margin rose from 28% to 42%.

• Adjusted net profit: SAR 172 million, up 213% year-over-year; margin improved to 39%.

• Operating cash flow: SAR 147 million, up 55% year-over-year.

Outlook and guidance

• Upgraded FY2025 revenue guidance to SAR 625–650 million, representing 75–82% year-over-year growth.

• Gross profit margin expected between 68.0–70.0%.

• Adjusted EBITDA margin guidance raised to 38.0–41.0%.

• Anticipates continued acceleration across business lines, supported by ongoing innovation and product diversification.

• Expects further growth in motor retail, leasing, and health segments, leveraging digital adoption.