Logo of WSM Digitalization and Transformation Co.
WSM Digitalization and Transformation Co. signed a contract with the National eLearning Center (NeLC) for an award and accreditation project focused on short university programs.
In a statement on Tadawul, the company noted that the project's value exceeded 31% of its 2023 revenues.
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The 12-month contract commenced on the signing date of the work minutes, Oct. 20.
Other necessary signatures were completed, and a contract copy was received yesterday, Oct. 21.
WSM expected this contract to have a positive financial impact on its 2025 financials, indicating that no related parties are involved.
According to data available on Argaam, the contract was awarded last September.
WSM achieved revenues of roughly SAR 28.02 million during 2023.
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