Etihad Etisalat Co. (Mobily) announces its consolidated interim financial results for the period ending on 30-06-2025 (Six Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 4,828 | 4,465 | 8.129 | 4,777 | 1.067 |
| Gross Profit (Loss) | 2,623 | 2,378 | 10.302 | 2,554 | 2.701 |
| Operational Profit (Loss) | 891 | 759 | 17.391 | 850 | 4.823 |
| Net profit (Loss) | 830 | 661 | 25.567 | 767 | 8.213 |
| Total Comprehensive Income | 814 | 621 | 31.078 | 763 | 6.684 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 9,606 | 9,011 | 6.603 |
| Gross Profit (Loss) | 5,177 | 4,823 | 7.339 |
| Operational Profit (Loss) | 1,741 | 1,512 | 15.145 |
| Net profit (Loss) | 1,597 | 1,299 | 22.94 |
| Total Comprehensive Income | 1,576 | 1,259 | 25.178 |
| Total Shareholders Equity (after Deducting Minority Equity) | 19,451 | 17,765 | 9.49 |
| Profit (Loss) per Share | 2.07 | 1.69 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Mobily continued to grow its revenue to reach SAR 4,828 million in Q2 2025 versus SAR 4,465 million in Q2 2024, representing a YoY growth of 8.1%. This growth is attributed to the increase in all revenue streams, coupled with a healthy growth in the overall subscriber base. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Mobily achieved a net profit of SAR 830 million for Q2 2025, compared to a net profit of SAR 661 million in Q2 2024, representing an increase of 25.6%, due to the following:
Gross profit: Driven by the increase in revenue, gross profit rose by 10.3%, reaching SAR 2,623 million in Q2 2025, versus SAR 2,378 million in Q2 2024. Earnings before interest, tax, depreciation, and amortization (EBITDA): EBITDA increased to reach SAR 1,823 million in Q2 2025, compared to SAR 1,650 million in Q2 2024, representing a YoY growth of 10.5%. This reflects the growth in revenue. EBITDA margin increased to reach 37.8% in Q2 2025 versus 37.0% in Q2 2024. Operating profit: Operating profit increased by 17.4% in Q2 2025, reaching SAR 891 million, compared to SAR 759 million in Q2 2024, due to EBITDA growth. Net other income & expenses: Net other expenses decreased in Q2 2025 to SAR (38.7) million, compared to SAR (69.6) million in Q2 2024, due to the increase in the Company’s share of profit from joint ventures, despite the increase in financial charges as a result of obtaining spectrum licenses. Zakat & Income tax expenses: Zakat & Income tax dropped to SAR 23 million in Q2 2025, compared to SAR 29 million in Q2 2024. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Mobily achieved a growth in its revenue to reach SAR 4,828 million in Q2 2025 versus SAR 4,777 million in Q1 2025, a QoQ growth of 1.1%. This growth is primarily driven by growth in the Business and Wholesale segments. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Mobily’s net profit reached SAR 830 million in Q2 2025, an increase of 8.2% from SAR 767 million in Q1 2025, due to the following:
Gross profit: Gross profit witnessed an increase of 2.7% QoQ, reaching SAR 2,623 million in Q2 2025, compared to SAR 2,554 million in Q1 2025, mainly due to the increase in revenue. Earnings before interest, tax, depreciation, and amortization (EBITDA): Mobily delivered an EBITDA of SAR 1,823 million in Q2 2025, compared to SAR 1,775 million in Q1 2025, an increase of 2.7%, mainly due to the increase in revenue. EBITDA margin increased to 37.8% in Q2 2025 compared to 37.1% in Q1 2025. Operating profit: Operating profit increased by 4.8% in Q2 2025, reaching SAR 891 million, compared to SAR 850 million in Q1 2025, due to the increase in EBITDA. Net other income & expenses: Net other expenses decreased in Q2 2025 to SAR (38.7) million, compared to SAR (62.5) million in Q1 2025, due to the increase in the Company’s share of profit from joint ventures, despite the increase in financial charges. Zakat & Income tax expenses: Zakat & Income tax amounted to SAR 23 million in Q2 2025, compared to SAR 21 million in the previous quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Mobily delivered a revenue growth of 6.6%, reaching SAR 9,606 million for the period ended 30 June 2025, compared to SAR 9,011 million in the same period last year. This growth is attributed to the expansion of all revenue streams, along with a healthy growth in the overall subscriber base. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Mobily’s net profit saw a significant increase of 22.9%, reaching SAR 1,597 million in H1 2025, compared to SAR 1,299 million in H1 2024, driven mainly by the following:
Gross Profit: Gross profit climbed 7.3% to SAR 5,177 million in H1 2025 versus SAR 4,823 million for the similar period of the previous year, mirroring the growth in revenues. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA): Mobily’s EBITDA rose 9.0% to SAR 3,598 million in H1 2025, up from SAR 3,301 million in H1 2024. The increase is attributed to the growth in revenues. EBITDA margin increase to reach 37.5% in the current period versus 36.6% in the similar period last year. Operating Profit: Operational profit increased by 15.2% to SAR 1,741 million in H1 2025, compared SAR 1,512 million in H1 2024, driven by the rise in EBITDA. Net other income & expenses: Net other expenses decreased in H1 2025 to SAR (101.2) million, compared to SAR (150.4) million in H1 2024, due to the increase in the Company’s share of profit from joint ventures, despite the increase in financial charges as a result of obtaining spectrum licenses. Zakat & Income tax expenses: Zakat & Income tax amounted to SAR 43 million in the current period, compared to SAR 63 million in the same period last year. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | CAPEX reached SAR 2,697 million in H1 2025, compared to SAR 609 million in H1 2024.
The condensed consolidated interim financial statements for the period ended June 30, 2025, will be available through Mobily’s Investor Relations Website, and Mobily’s IR App on smartphones and tablets, after being published on the Saudi Exchange website. |
| Attached Documents |  |
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