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Market: Tadawul Symbol: 9590 ISIN: SA15TGE4LR12 Industry: Consumer Services

Armah Group is a curator of leading fitness brands focused on reshaping the industry. Our strong club network and expertise allows us to help you develop your fitness centre goals into reality. No stone is left unturned. At Armah Group, we strive to stay at the forefront of technological innovation and provide seamless services to all of our clubs and clients. Since 1994 we have delivered impeccable attention to detail, which is reflected in our brands.

At Armah Group we are committed to creating less of a carbon footprint on the environment. Paving the way for change, our eco-friendly fitness centres are created using BMS solutions, green building, and LEED certifications. Our high-end spaces are free from single-use plastics, we use recycled materials throughout, maintain a paperless environment and utilize environmentally friendly cleaning solutions.

Share data 25/07/2024
Key Figures (SAR'000)

2021

2022

2023

Statement of Profit or Loss      
Revenue
438
13,193
80,111
Gross profit / (loss)
(1,640)
(1,866)
30,654
Operating profit / (loss)
(10,686)
(20,974)
12,193
Net profit / (loss) for the year
(11,154)
(25,243)
762
Statement of Financial Position
 
Total assets
350,277
580,029
835,197
Total liabilities
322,842
333,449
457,206
Total equity
27,435
246,580
377,991
Statement of Cash Flows
 
Net cash generated from operating activities
2,599
8,264
74,322
Net cash used in investing activities
(104,046)
(122,337)
(173,248)
Net cash generated from financing activities
95,431
116,354
121,200
Key Performance Indicators
 
Revenue growth (%)
(53.9)
2,914.0
507.2
Gross profit / (loss) margin (%)
(374.6)
(14.1)
38.3
Net profit / (loss) margin (%)
(2,548.3)
(191.3)
1.0
Return on assets (%)
(3.2)
(4.4)
0.1
Return on equity (%)
(40.7)
(10.2)
0.2
Total assets / total liabilities
1.1
1.7
1.8
Current ratio
0.2
0.2
0.6
Debt / equity
4.8
1.1
0.8
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