MEFIC REIT Fund
4346.SR
SAR3.51 0.57%
Exchange: SAU | Sector: Real Estate | Industry: REIT Diversified
Q1 2025
Published: Mar 31, 2025

Earnings Highlights

  • Revenue of $16.26M up 102% year-over-year
  • EPS of $0.05 increased by 52% from previous year
  • Gross margin of 100.0%
  • Net income of 3.86M
  • "Transcript data not available in the provided material." - Management
4346.SR
Company 4346.SR

Executive Summary

In QQ1 2025, MEFIC REIT Fund reported a strong start to the year, underscored by a high gross profit and robust EBITDA margins driven by a diversified portfolio of recurring income assets across Riyadh, Jeddah, Makkah and Dubai. Revenue stood at SAR 16.26 million, with gross profit equal to revenue (gross margin reported at 100%), and EBITDA of SAR 11.38 million, yielding an EBITDA margin of approximately 70%. Operating income reached SAR 9.28 million (operating margin ~57%), while net income printed at SAR 3.86 million, translating to a net margin of ~23.7% and EPS of SAR 0.0526.

Key Performance Indicators

Revenue
Increasing
16.26M
QoQ: -54.61% | YoY: 102 323.93%
Gross Profit
Increasing
16.26M
1.00% margin
QoQ: -29.82% | YoY: 127 272.12%
Operating Income
Increasing
9.28M
QoQ: 77.14% | YoY: 909 357.56%
Net Income
Increasing
3.86M
QoQ: 162.88% | YoY: 59 313.15%
EPS
Increasing
0.05
QoQ: 163.00% | YoY: 52 500.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 16.26 0.05 -43.5% View
Q1 2025 16.26 0.05 +102.0% View
Q2 2024 35.83 0.02 +14.0% View
Q4 2023 28.77 -0.33 -9.5% View