Azm Saudi Arabia, a leading telecommunications and information technology company in the Kingdom’s digital transformation sector, announced significant growth in its financial results for the second half of the fiscal year. Net profit increased by 37% to SAR 23.8 million for the period ending December 31, 2025, compared to SAR 17.4 million for the same period of the previous year. These strong figures reflect not only the company’s operational efficiency but also the dynamism and momentum of the Saudi technology sector.
Financial performance details and reasons for growth
According to the official statement published by the company on the Saudi Stock Exchange (Tadawul), this significant increase in net profit is attributed to several key positive factors. Gross profit saw an increase of SAR 11.51 million, driven by revenue growth and an expanded customer base. A decrease in financing costs of SAR 0.22 million and an increase in other income of SAR 1.50 million also contributed to the improved profitability. Furthermore, zakat and income tax expenses decreased by SAR 0.57 million, further supporting the final net income.
Despite this growth, the company faced some challenges that it was able to absorb, as operating expenses increased by 5.46 million riyals as a result of the expansion of operations and investment in personnel, and the share of investment results in associate companies decreased by 2.41 million riyals.
Growth in the context of digital transformation and Vision 2030
These positive results come at a time when the Saudi economy is undergoing a profound structural transformation under the umbrella of Vision 2030, which places digital transformation and the development of the communications and information technology sector at the heart of its objectives. Azm is a key player in this context, providing innovative technological solutions to both the public and private sectors, thus contributing to accelerating the pace of national digital transformation. The company's revenue growth reflects the increasing demand for digital services, such as cloud computing, information security, and software development, which are vital to achieving the Vision's goals.
Quarterly performance and future outlook
In terms of quarterly performance, the results demonstrated continued positive momentum. The company achieved a net profit attributable to shareholders of SAR 9.73 million during the last quarter, an increase of 34.48% compared to the same quarter of the previous year. The group's net profit also rose by 37.24% to reach SAR 10.53 million. These figures indicate Azm's ability to achieve sustainable growth and position it well to capitalize on mega-projects and future investment opportunities in the Saudi technology sector, which is one of the fastest-growing sectors in the region.
