Saudi Arabia · Delayed Price · Currency is SAR Derayah Financial Company Earnings Call Transcripts
Fiscal Year 2026
-
Operating income grew 5% year-on-year in H1 2026, with net profit near SAR 200 million despite higher expenses from tech and marketing investments. Customer base and assets under custody expanded, while recurring revenue rose to 44.7%. Strategy 2030 targets tripling AUM and doubling revenue by 2030.
-
Operating income grew 9% year-on-year to SAR 228 million, with core net profit at SAR 127 million and recurring revenue rising to 43.3% of income. Zero commission trading and new revenue streams offset margin compression, while asset management expects recovery with new fund launches.
Fiscal Year 2025
-
User base and AUM saw double-digit growth, with brokerage revenue and operating income rising despite a challenging local market. Zero commission trading and SPL offset lost commission revenue, while D360 remains a short-term drag but shows strong operational progress.
-
Q3 saw robust growth in operating income and trading volumes, driven by international activity and client expansion. Regulatory reforms and new product launches are set to boost future growth, while cost discipline and capital strength remain priorities.
-
Record Q2 results with 11% year-over-year operating income growth and 36% higher net profit, driven by strong brokerage and asset management performance despite market volatility. Cost efficiency and capital strength remain high, with positive outlook for H2 2025.
-
Q1 2025 saw resilient core revenues and strong growth in AUM and AUC, despite market volatility. Operating income reached SAR 209 million, with a 51% net profit margin and robust capital adequacy. New initiatives like SBL, robo-advisory, and D360 integration are expected to drive future growth.