Shatirah House Restaurant Co."BURGERIZZR" announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 97,893,467 | 77,074,569 | 27.011 | 83,812,174 | 16.801 |
| Gross Profit (Loss) | 33,986,437 | 23,053,146 | 47.426 | 24,127,729 | 40.86 |
| Operational Profit (Loss) | 4,383,202 | 3,161,398 | 38.647 | 1,407,423 | 211.434 |
| Net profit (Loss) | 3,648,060 | 2,930,661 | 24.479 | 1,073,621 | 239.79 |
| Total Comprehensive Income | 3,648,060 | 2,930,661 | 24.479 | 582,958 | 525.784 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 260,139,198 | 223,152,349 | 16.574 |
| Gross Profit (Loss) | 82,391,731 | 70,061,747 | 17.598 |
| Operational Profit (Loss) | 8,449,358 | 11,006,384 | -23.232 |
| Net profit (Loss) | 6,921,463 | 9,619,590 | -28.048 |
| Total Comprehensive Income | 6,430,800 | 9,349,402 | -31.216 |
| Total Shareholders Equity (after Deducting Minority Equity) | 78,490,255 | 73,316,588 | 7.056 |
| Profit (Loss) per Share | 0.1 | 0.2 | |
| All figures are in (Actual) 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 (Actual) 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 | Revenues: The Company achieved total revenue for Q3 2025 amounting to SR 97.9 million, comparing to SR 77.1 million for Q3 2025 which is 27% higher than same quarter of previous year. Growth in sales is contributed by increase in same-store sales (SSS) and new stores opened during this period |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The net profit of the Company for Q3 2025 increased by SR 717 thousand as compared to the net profit of the same quarter of 2024 because:
Gross profit: Gross Profit has increased by SR 10.9 Million (47.4%) and gross profit margin increased from 29.9% in the same period of previous year to 34.7% in current period. Food cost decreased and Labor cost, rent, utilities and maintenance expenses increased in lien with branch expansion.
Selling Expenses: Increased by SR 8.1 million (67.9%), driven by the sales promotional activities, coupled with sales growth and higher costs associated with online channels, including aggregators.
Administrative Expenses: Increased by SAR 1.59 million (20%), mainly due to higher labor cost and expenses associated with the acquisition of Shovel.
Others: Finance costs have increased by SR 452 thousand (72%), Loss on disposal of property increased by SR 63K and other income increased by SR 108 thousand. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenues: The Company achieved total revenue for Q3 2025 amounting to SR 97.9 million, comparing to SR 83.8 million for Q2 2025 which is 16.80% higher than previous quarter. Growth in sales is contributed by increase in same-store sales (SSS) and New stores opened during this period. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The net profit of the Company for Q3 2025 increased by SR 2.57 Million as compared to Q2 of 2025 because:
Gross profit: Gross Profit increased by SR 9.9 Million (40.8%) and gross profit margin increased from 28.8% in Q2 2025 to 34.7% in current period. Food cost and Labor cost decreased, rent, utilities and maintenance expenses increased in lien with branch expansion.
Selling Expenses: Increased by SR 5.5 million (38.2%), driven by the sales promotional activities, coupled with sales growth and higher costs associated with online channels, including aggregators.
Administrative Expenses: Increased by SAR 1.34 million(16.3%), mainly due to higher labor cost and expenses associated with the acquisition of Shovel.
Others: Finance costs increased by SR 362 thousand and other income increased by SR 100 thousand.
Revenues: The Company recorded total revenue of SR 260.1 million for the current period, reflecting an 16.6% increase compared to SR 223.1 million in the same period last year. The growth in sales was driven by the contribution of new branches and by increase in same-store sales (SSS). |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The net profit of the Company for the current period increased by SR 2.7 million as compared to the net profit of the same period of 2025 because:
Gross profit: Gross Profit increased by SR 12.3 Million or 17.6%, gross profit margin increased from 31.4% in the same period of previous year to 31.7% in current period mainly due to decrease in Food cost.
Selling Expenses: Increased by SR 12.3 million, or 33.9%, driven by the sales promotional activities, coupled with sales growth and higher costs associated with online channels, including aggregators.
Administrative Expenses: Increased by SAR 2.6 million or 11.5% mainly due to increase in labor cost along with expenses associated with the acquisition of Shovel.
Others: Finance costs have increased by SR 847 thousand, loss on disposal of property and equipment decreased by SR 459 thousand and other income increased by SR 235 thousand. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The net profit of the Company for the current period Dereased by SR 2.7 million as compared to the net profit of the same period of 2025 because:
Gross profit: Gross Profit increased by SR 12.3 Million or 17.6%, gross profit margin increased from 31.4% in the same period of previous year to 31.7% in current period mainly due to decrease in Food cost.
Selling Expenses: Increased by SR 12.3 million, or 33.9%, driven by the sales promotional activities, coupled with sales growth and higher costs associated with online channels, including aggregators.
Administrative Expenses: Increased by SAR 2.6 million or 11.5% mainly due to increase in labor cost along with expenses associated with the acquisition of Shovel.
Others: Finance costs have increased by SR 847 thousand, loss on disposal of property and equipment decreased by SR 459 thousand and other income increased by SR 235 thousand. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | Number of branches by the end of Current period is (117) branches, compared to (106) branches by the end of previous year same period. where 12 branches were opened and 1 branch closed since the end of same period last year. |
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