Academy of Learning logs SAR 235.5m revenues end-June 2026
ACADEMY OF LEARNING
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Riyadh — Mubasher: Academy of Learning Company reported a net profit of SAR 40.65 million for the fiscal year (FY) than ended on 30 June 2026, down 1.93% year-on-year (YoY).
The company noted that the results are not directly comparable as the prior period covered 18 months due to a fiscal year transition, while the current reporting period spans 12 months.
Revenue for the year reached SAR 235.51 million, up 3.33% from SAR 227.91 million in the extended 18-month prior period.
On a normalized 12-month basis, the company achieved its highest-ever annual revenue and net profit, driven by a 13.40% increase in the student body to 16,948 and a 16.40% rise in average revenue per student to SAR 13,742.
Operating profit rose by 22.27% to SAR 70.01 million as revenue growth outpaced costs. However, the bottom line was impacted by SAR 7 million in pre-operating losses from its new school’s subsidiary and a rise in finance costs to SAR 16.50 million.
Total assets grew to SAR 579.40 million, while shareholders' equity increased by 10.77% to SAR 159.84 million. Earnings per share (EPS) stood at SAR 0.30.
Source: Mubasher Source: {{details.article.source}}