Saudi Arabia · Delayed Price · Currency is SAR Derayah Financial Company Earnings Call Transcripts
Fiscal Year 2026
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Operating income rose 5% year-on-year in H1 2026, with net profit near SAR 200 million despite higher expenses from tech and marketing investments. Recurring revenue share increased to 44.7%, and Strategy 2030 targets tripling AUMs and doubling revenue by 2030.
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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
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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 revenue offset lost commissions, while D360 digital bank remains a short-term drag but shows strong operational progress.
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Q3 saw robust growth in operating income and trading volumes, driven by international expansion and digital initiatives, despite local market softness. Regulatory reforms and new product launches are set to further boost growth, with D360 bank expected to break even by 2027.
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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.
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Q1 2025 delivered resilient results with SAR 209M operating income and SAR 106M net profit, despite market volatility and a 16% drop in trading value. Growth in AUM, AUC, and new product launches offset declines in asset management revenue. Dividend policy and capital adequacy remain strong.