MEFIC REIT Fund
4346.SR
SAR3.51 0.57%
Exchange: SAU | Sector: Real Estate | Industry: REIT Diversified
Q2 2025
Published: Jun 30, 2025

Earnings Highlights

  • Revenue of $16.26M down 43.5% year-over-year
  • EPS of $0.05 increased by 115.9% from previous year
  • Gross margin of 100.0%
  • Net income of 3.86M
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4346.SR
Company 4346.SR

Executive Summary

MEFIC REIT Fund reported Q2 2025 revenue of SAR 16.26 million with a net income of SAR 3.86 million, yielding a net margin of 23.7% and an EBITDA margin of approximately 70.0%. The company continues to exhibit a high gross margin (100%) driven by the stated cost structure, but revenue declined by 43.5% year-over-year, while QoQ revenue remained flat. Operating income rose sharply year-over-year by ~464% despite the absence of tax expense, suggesting leverage of structural cost efficiency and portfolio performance against a backdrop of a one-off or non-operating charge in the period. Net income aesthetics are supported by an EBITDA-driven profitability foundation, yet the balance sheet shows modest liquidity and elevated receivables dynamics. Management commentary is not included in the provided data; no earnings call transcript was supplied for direct quotes.

Key Performance Indicators

Revenue
Decreasing
16.26M
QoQ: 0.00% | YoY: -43.46%
Gross Profit
Increasing
16.26M
1.00% margin
QoQ: 0.00% | YoY: 20.69%
Operating Income
Increasing
9.28M
QoQ: 0.00% | YoY: 464.49%
Net Income
Increasing
3.86M
QoQ: 0.00% | YoY: 115.77%
EPS
Increasing
0.05
QoQ: 0.00% | YoY: 115.94%

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