AICTEC net profit falls to SAR 5.2 mln in 2021

14/04/2022 Argaam Exclusive
0

Advance International Company for Communication and Information Technology’s (AICTEC) net profit after Zakat and tax fell 42% to SAR 5.2 million in 2021 from SAR 9 million in the year-earlier period.



Financials (M)

Item 2020 2021 Change‬
Revenues 32.83 30.11 (8.3 %)
Gross Income 18.38 18.90 2.8 %
Operating Income 9.73 6.45 (33.7 %)
Net Income 8.98 5.25 (41.6 %)
Average Shares 64.00 64.00 -
Earnings Per Share before unusual items 0.14 0.08 (41.6 %)
EPS (Halala) 14.03 8.20 (41.6 %)

The decline was due to higher operating fees and general and administrative expenses, as well as a rise in the value of external purchases.



Current Quarter Comparison (M)

Compared With The
Item Q4 2020 Q4 2021 Change‬
Revenues 21.78 17.34 (20.4 %)
Gross Income 12.14 8.54 (29.6 %)
Operating Income 7.47 1.86 (75.1 %)
Net Income 7.43 0.98 (86.8 %)
Average Shares 64.00 64.00 -
Earnings Per Share before unusual items 0.12 0.02 (86.8 %)
EPS (Halala) 11.61 1.53 (86.8 %)

Total shareholders’ equity, excluding minority interest, rose 25.7% year-on-year (YoY) to SAR 26.71 million.

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Advance International Company for Communication and Information Technology (AICTEC)

Created with Highstock 6.0.710:5011:0011:1011:2011:3011:4011:5012:0012:1012:2012:3012:4012:5013:0013:1013:2013:303.003.013.023.033.043.053.063.073.083.093.10
Close : 3.09 | Apr 28, 10:48

Current
Market Cap (M Riyal) 192.00
Enterprise Value (EV) (M) 196.86
Shares Outstanding ((M)) 64.00
Book Value (BV) ( Riyal) 0.61
Par Value ( Halala) 50.00
Adjusted P/E (Last12) More than 100
Price/book 4.96


Profit Performance (Million)

Period Net Income Change EPS(Halala) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share before unusual items
Q1 2012 - - - - - -
Q2 2012 - - - - - -
Q3 2012 - - - - - -
Q4 2012 - - - - - -
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 1.55 - 2.42 - 1.55 0.02
Q3 2020 - - - - - -
Q4 2020 7.43 - 11.61 - 7.43 0.12
2020 8.98 52.5 % 14.03 - 8.98 0.14
Q1 2021 - - - - - -
Q2 2021 4.27 175.9 % 6.67 - 4.27 0.07
Q3 2021 - - - - - -
Q4 2021 0.98 (86.8 %) 1.53 - 0.98 0.02
2021 5.25 (41.6 %) 8.20 - 5.25 0.08


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2012 - - - - - -
Q2 2012 - - - - - -
Q3 2012 - - - - - -
Q4 2012 - - - - - -
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 11.05 - 6.24 - 2.25 -
Q3 2020 - - - - - -
Q4 2020 21.78 - 12.14 - 7.47 -
2020 32.83 8.1 % 18.38 66.1 % 9.73 38.4 %
Q1 2021 - - - - - -
Q2 2021 12.77 15.6 % 10.35 65.9 % 4.59 103.6 %
Q3 2021 - - - - - -
Q4 2021 17.34 (20.4 %) 8.54 (29.6 %) 1.86 (75.1 %)
2021 30.11 (8.3 %) 18.90 2.8 % 6.45 (33.7 %)

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 55.98 % 33.03 % 27.34 %
Q1 2021 - - -
Q2 2021 65.09 % 38.23 % 33.85 %
Q3 2021 - - -
Q4 2021 62.76 % 25.30 % 17.43 %
2021 62.76 % 25.30 % 17.43 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Earnings Per Share before unusual items (Halala) Book Value (BV)
Q1 2012 - - - -
Q2 2012 - - - -
Q3 2012 - - - -
Q4 2012 - - - -
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 - - - -
Q2 2014 - - - -
Q3 2014 - - - -
Q4 2014 - - - -
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 64.00 - - 0.22
Q3 2020 - - - -
Q4 2020 64.00 14.03 14.03 0.33
Q1 2021 - - - -
Q2 2021 64.00 18.28 18.28 0.40
Q3 2021 - - - -
Q4 2021 64.00 8.20 8.20 0.42

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -

Business Segments (Million)

Compared With The
Period Projects Wholesale technical support Other

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