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Market: Tadawul Symbol: 7020 ISIN:SA000A0DM9P2 Industry: Telecommunication

Etihad Etisalat (Mobily) was established in 2004, as the winning bidder for Saudi Arabia’s second Global System for Mobile communications (GSM) license. The launch of Mobily provided choice in national mobile telecommunications services to the Saudi population for the first time. It attracted over one million subscribers in its first 90 days of operation in 2005, having ended a monopoly in the wireless industry. It continued its rapid rise in 2006, the same year it launched 3.5G services, being named the Middle East and North Africa’s fastest growing mobile operator. 4G services were launched in 2011 and 5G services in 2019. The Company serves its diverse customer base across the Kingdom – made up of individuals, business and carriers – with integrated telecommunications services. It does so by leveraging its modern wireless network, which is among the largest by coverage in Saudi Arabia and the Middle East, as well as through one of the region’s widest fiber-to-the-home (FTTH) networks and one of the largest data center systems worldwide.

Share data 27/03/2025
Currency SAR Volume Traded 2,438,532
Previous Close 61.00 Number of Shares (million) 770.00
Change (%) 0.66 Market Cap (million) 46,970.00
Key Figures (SAR million) 2024 2023 2022
Income Statement      
Revenues 18,206 16,763 15,717
Gross profit 9,894 9,253 9,381
EBITDA 7,195 6,625 6,179
Net profit 3,107 2,232 1,657
Balance sheet      
Total assets 38,515 38,891 38,178
Total liabilities 19,640 21,268 21,820
Total shareholders’ equity 18,875 17,623 16,359
Cash Flow Statement      
Net cash from operating activities 6,337 5,752 5,684
Net cash from investing activities (1,956) (2,017) (3,406)
Net cash from financing activities (4,622) (2,922) (2,501)
Cash and cash equivalents 1,400 1,641 828
Key Indicators      
Basic and diluted Earnings per Share (Saudi Riyals) 4.03 2.90 2.15
Net profit margin (%) 17.06 13.32 10.54
Cash Dividends (Saudi Riyals) 2.20 1.45 1.15