At a Glance
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2023 Full Year Operational Highlights
8th
Largest stock exchange globally and 1st in the MENA region, by market capitalization.
118.26
SAR million
Completion of DirectFN acquisition (51% stake) with SAR 118.26 million invested.
Edaa launches 2nd edition of the Association of Global Custodians’ questionnaire to promote transparency.
3,724
Registered qualified foreign investors (QFI).
Saudi Exchange onboarded 3 market makers for 8 different securities.
Muqassa won the Best Clearing House in the MENA Region award by the Arab Federation of Capital Markets (AFCM).
WAMID launched the Liqaa platform.
2023 Full Year Financial Highlights
- Operating revenue
- SAR million
- 1,072.8
- -1.6% YOY
- EBITDA margin
- 38%
- -19.5% YOY
- Investment income
- SAR million
- 127.0
- 127.0% YOY
- Net profit after zakat
- SAR million
- 390.1
- -8.1% YOY
- EBITDA
- SAR million
- 403.1
- -20.8% YOY
- Free cash flow
- SAR million
- 362.5
- -14.2% YOY
Sustainability Highlights
25.6%
increase in average training hours per employee
(from 44.6 in 2022 to 56.0 in 2023)
91%
Saudization
30%
Female workforce
Introduced the HiPo Development Program and Future Leaders Program and elevated the Graduate Development Program
Donation of SAR 100,000 to the Children with Disability Association
Donation of SAR 200,000 to the King Salman Humanitarian Aid and Relief Centre
Formation of the Group’s sustainability framework