Ladun Investment Company
9535.SR
SAR2.69 3.86%
Exchange: SAU | Sector: Real Estate | Industry: Real Estate Development
Q2 2024
Published: Jun 30, 2024

Earnings Highlights

  • Revenue of $323.38M down 50.4% year-over-year
  • EPS of $0.03 decreased by 78.4% from previous year
  • Gross margin of 21.3%
  • Net income of 16.21M
  • "N/A" -
9535.SR
Company 9535.SR

Executive Summary

Ladun Investment Company reported QQ2 2024 revenue of SAR 323.38 million, representing a significant year-over-year decline of 50.4% and flat sequential performance (QoQ 0%). Net income was SAR 16.21 million with an EPS of SAR 0.0324, but the quarter exhibited meaningful profitability headwinds as gross margin remained modest at 21.3% and operating margin at 8.44%. The company generated EBITDA of SAR 37.65 million, yet operating cash flow was negative at SAR -10.86 million and free cash flow registered at SAR -16.03 million, underscoring a pronounced working capital outflow dynamics.

Key Performance Indicators

Revenue
Decreasing
323.38M
QoQ: 0.00% | YoY: -50.41%
Gross Profit
Decreasing
68.89M
21.30% margin
QoQ: 0.00% | YoY: -53.15%
Operating Income
Decreasing
27.30M
QoQ: 0.00% | YoY: -65.77%
Net Income
Decreasing
16.21M
QoQ: 0.00% | YoY: -77.83%
EPS
Decreasing
0.03
QoQ: 0.00% | YoY: -78.40%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 639.41 0.04 +97.7% View
Q1 2025 319.71 0.02 -18.4% View
Q4 2024 858.51 0.06 +119.0% View
Q2 2024 323.38 0.03 -50.4% View