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Market: Tadawul Symbol: 7204 ISIN: SA15LISJGI11 Industry: Software & Services

A Leader in the Saudi market with more than +18 years of expertise in the IT industry.

Established in 2004, 2P is a leading ICT services and technology solutions company in Saudi Arabia. The company provides three main interoperable and interconnected lines of Business: Software Development Unit, Operation & Maintenance Unit, and Customer Experience Unit. Our unique integrated business model helps us provide a 360’ scope of IT services for clients in order to create a better digital transformation experience. We get involved during all stages of our client’s digital journey, from the development phase to the infrastructure back-end while providing an excellent customer experience, making 2P’s services unparalleled in the region, We tailor our solutions according to the client’s needs and incorporate every business requirement to the product.

Share data 09/10/2024
Currency SAR Volume 482,525
Previous Close 14.48 Number of Shares (mln) 300.00
Change (%) -1.36 Market Cap (mln) 4,344.00
Key Figures (SAR’000)
2021
2022
2023
Revenues 655,478 927,171 1,129,673
Gross profit 116,006 199,384 210,406
Operating profit 86,244 161,334 173,728
Net profit for the year 80,616 131,455 129,293
Total assets 501,352 807,197 1,178,377
Total liabilities 341,635 553,597 796,353
Total equity 159,717 253,600 382,024
Net cash flows (used in)/generated from operating activities 96,925 -21,834 -113,788
Net cash flows (used in)/generated from investing activities -21,783 -19,988 -45,027
Net cash flows (used in)/generated from financing activities -16,231 39,575 143,104
Gross profit margin (%) 17.7 21.5 18.6
Operating profit margin (%) 13.2 17.4 15.4
Net profit margin (%) 12.3 14.2 11.4
Return on equity (%) 50.5 51.8 33.8
Return on assets (%) 16.1 16.3 11.0