Elm Co. (7203)

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News

2 November 2025 03:00 AM Elm registers 24% jump in 9M-25 net profits; revenues hit SAR 6.6bn

Riyadh - Mubasher: Elm Company posted SAR 1.64 billion in net profits during the first nine months (9M) of 2025, an annual hike of 23.70% from SAR 1.32 billion.Earnings per share (EPS) hiked to SAR 21.13 in 9M-25 from SAR 17.11 in 9M-24, according to

Sector Reports

22 September 2025 03:00 AM Najm, Elm forge partnership at Money20/20 Middle East conference

Riyadh - Mubasher: Najm for Insurance Services has signed a cooperation deal with Elm Company on the sidelines of the Money20/20 Middle East conference to enhance the quality of services provided to beneficiaries.The two parties will join forces to e

Companies Investments

2 September 2025 03:00 AM MIS signs SRA 191m contracts with Saudi gov’t, Elm

Riyadh - Mubasher: Al Moammar Information Systems Company (MIS) has signed two contracts with a total value of SAR 190.89 million on 31 August 2025, according to two separate financial statements.MIS sealed a SAR 126.07 million agreement with the Min

Companies Investments

12 June 2025 08:32 PM Anmat Technology inks SAR 111.5m contracts with Elm, Saudi government

Riyadh - Mubasher: Anmat Technology Company has signed two contracts to carry out major contracting works for the Riyadh Municipality region, with a combined value of SAR 111.41 million. The first agreement, signed with Elm Company, was valued at …

Companies Investments

6 April 2025 00:34 PM Elm secures SAR 1.9bn loan from SNB

Riyadh – Mubasher: Elm Company penned a Shariah-aligned facility agreement valued at SAR 1.90 billion with The Saudi National Bank (SNB) on 27 March 2025. The Saudi company aims to finance corporate expansion and acquisitions, according to a …

Banking and Finance

2 March 2025 01:14 PM Elm’s consolidated profits cross SAR 1.8bn in 2024; dividends announced

Riyadh – Mubasher: Elm Company recorded consolidated net profits after tax valued at SAR 1.82 billion in 2024, higher by 34.66% than SAR 1.35 billion in 2023. Revenues jumped by 25.58% year-on-year (YoY) to SAR 7.40 billion at the end of December …

Financial Results

13 February 2025 10:16 PM Listed digital solutions provider Elm concludes participation in LEAP 2025 with multiple strategic agreements

Riyadh – Mubasher: Elm Company concluded its participation in LEAP 2025, which was held in Saudi Arabia from 9 to 12 February, where it showcased a wide range of its innovative digital solutions. Elm signed multiple strategic agreements with …

Companies Investments

12 February 2025 11:50 PM Elm joins forces with Lean Business Services at LEAP 2025 to advance digital transformation

Riyadh – Mubasher: Elm Company has signed a memorandum of understanding (MoU) with Lean Business Services to strengthen Saudi Arabia's healthcare sector and related industries through a wide array of innovative digital services and products. The …

Companies Investments

12 February 2025 08:49 PM Elm to raise ownership in Smart National Solutions upon sheet signed during LEAP 2025

Riyadh – Mubasher: Digital solutions provider Elm Company has signed a preliminary term sheet to increase its ownership in Smart National Solutions (SNS) to 40%, according to a press release. This strategic move, which was announced on the …

Event

11 February 2025 08:15 PM Elm aims to leverage LEAP 2025 reputation as global platform while partaking as Strategic Sponsor

Riyadh – Mubasher: Elm Company is demonstrating its wide range of cutting-edge platforms and innovations as a strategic sponsor of LEAP 2025 while aiming to leverage the event’s robust reputation as a global platform that attracts creative minds …

Event

10 February 2025 06:43 PM Elm forges partnerships with Salam, Klues.AI at LEAP 2025

Riyadh – Mubasher: Elm Company signed partnership agreements with Etihad Salam Telecom Company and Klues.AI on the sidelines of the fourth edition of the LEAP conference, according to a press release. Elm and Salam will join forces to deliver …

Event

23 January 2025 01:25 PM PIF enters into agreement for Elm to acquire THIQAH in $907m deal value

Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) has signed a share sale and purchase agreement for Elm Company to acquire the PIF-owned Thiqah Business Services Company (THIQAH) in a deal value worth $907 million, equivalent to SAR …

Companies Investments

20 January 2025 07:31 PM Elm partakes as strategic partner in Hajj Conference 2025, has potential for regional growth

Riyadh – Mubasher: Elm Company has participated as the strategic partner of the Hajj Conference and Exhibition 2025, which took place in Jeddah on 13-16 January 2025, according to a press release. The event aims to bolster communications and …

Companies Investments

18 December 2024 07:17 PM SAL backs Saudi Arabia’s logistics sector via strategic partnerships

Riyadh – Mubasher: SAL Saudi Logistics Services Company announced a series of strategic partnerships at the Supply Chain and Logistics Conference that was held during 15-16 December 2024. In line with Saudi Vision 2030, the partnerships aim to …

Companies Investments

17 December 2024 05:02 PM Elm partakes in Supply Chain and Logistics Conference 2024

Riyadh – Mubasher: Elm Company, the digital solutions pioneer, participated as a strategic partner in the 6th edition of the Supply Chain and Logistics Conference 2024, which was held on 15-16 December at the Hilton Riyadh Hotel, according to a …

Companies Investments

22 October 2024 03:38 PM Elm unveils digital solutions, products at Seamless Saudi 2024

Riyadh – Mubasher: Digital solutions provider Elm Company is showcasing its solutions and services in the financial technology and e-commerce sector during its current participation in the Seamless Saudi Arabia 2024 conference. During the …

Global Economy

1 October 2024 05:12 PM Elm’s Tabadul endorses cooperation with subsidiary of SPARK through MoU

Riyadh – Mubasher: Saudi Information Exchange Company (Tabadul), a subsidiary of the listed Elm Company established in 2005, recently signed a memorandum of understanding (MoU) with King Salman Energy Park’s unit (SPARK) Energy City Logistics …

Companies Investments

8 September 2024 08:41 AM Reachware fuels GCC expansion plans via $3m funding co-led by Elm

Riyadh – Mubasher: Saudi SaaS provider Reachware has raised $3 million in Seed funding, led by Sadu Capital, with participation from 500 Sanabil Investments and Elm Company, according to a press release. Reachware, a leading startup specialising …

Global Economy

6 August 2024 02:19 PM Elm sees 19.5% higher profits in H1-24; dividends announced

Riyadh – Mubasher: The net profits of Elm Company jumped by 19.56% to SAR 831 million in the first half (H1) of 2024 from SAR 695 million, according to the consolidated financial results. The company posted revenues amounting to SAR 3.40 billion …

Board of Directors

10 July 2024 10:50 AM Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority

Riyadh – Mubasher: Elm Company has signed an agreement with the Ministry of Interior and the Saudi Data and AI Authority (SDAIA) to develop and provide products and services. Signed on 9 July 2024, the agreement has a duration of 10 years starting …

Companies Investments

4 July 2024 03:17 PM Elm’s CEO resigns; Alomair succeeds

Riyadh – Mubasher: Abdulrahman Saad Al Jadhai resigned from the position of CEO of Elm Company after leading the company for more than 12 years. Al Jadhai submitted his resignation on 3 July 2024 for personal reasons, yet it will be effective on …

Management Decisions

27 June 2024 04:55 PM Elm Company awards Tawuniya SAR 76m health insurance agreement

Riyadh – Mubasher: Elm Company has awarded a SAR 75.90 million health insurance contract for its employees to The Company for Cooperative Insurance. The agreement’s term amount for one year starting from 30 June 2024, according to a bourse filing. …

Banking and Finance