| Market: Tadawul | Symbol: 2382 | ISIN: SA55SG6H5716 | Industry: Materials |
ADES Holding Company, headquartered in Al Khobar in the Kingdom of Saudi Arabia, is a leading oil and gas drilling and production services provider in the MENA region. The Company has over 7,500 employees and a fleet of 87 rigs across seven countries in the MENA region and India, including 38 onshore drilling rigs, 46 jackup offshore drilling rigs, two jackup barges, and one mobile offshore production unit (“MOPU”).
| Share data | 19/05/2024 | ||
| Currency | SAR | Volume | 2,119,853 |
| Previous Close | 18.000 | Number of Shares (mil) | 1,129.06 |
| Change (%) | -0.33 | Market Cap (mil) | 20,323.13 |
| Key Figures (SAR mln) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Consolidated income statement | |||
| Revenue | 1,514 | 2,467 | 4,332 |
| Gross profit | 539 | 891 | 1,711 |
| EBITDA | 657 | 1,049 | 2,139 |
| Profit for the year | 114 | 398 | 452 |
| Normalised Net Profit | 152 | 257 | 473 |
| Consolidated statement of financial position | |||
| Total assets | 6,692 | 14,501 | 19,422 |
| Total liabilities | 4,769 | 12,243 | 13,646 |
| Total equity | 1,923 | 2,258 | 5,777 |
| Consolidated statement of cash flows | |||
| Net cash from operating activities | 317 | 1,146 | 2,283 |
| Net cash from (used in) investing activities | -1,464 | -6,438 | -3,736 |
| Net cash from financing activities | 1,145 | 5,250 | 1,886 |
| Key indicators | |||
| EBITDA margin % | 43.41 | 42.50 | 49.38 |
| Normalized net profit margin % | 10.07 | 10.41 | 10.92 |