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Saudi Azm for Communication and Information Technology Company was founded on November 29, 2017, in Riyadh, Saudi Arabia. From the outset, the company positioned itself as a key contributor to the Kingdom's digital transformation, offering advanced services in IT consulting, systems integration, and platform development. Its founding vision was to become a trusted technology partner for organizations seeking scalable and impactful digital solutions.
In February 2022, Saudi Azm marked a major milestone by becoming a publicly listed company on the Saudi Stock Exchange's Parallel Market (Nomu). This move reflected its financial maturity and reinforced its commitment to transparency, governance, and sustainable growth. The listing also opened doors to new partnerships and allowed AZM to expand its operations across various sectors.
The company is recognized as a leading Saudi tech firm dedicated to accelerating digital transformation across both public and private sectors. It delivers a wide range of services, including enterprise solutions, strategic IT consulting, and the development of customized digital platforms. The company's mission is to provide innovative technologies that enhance organizational efficiency and support the Kingdom's broader development objectives.
A core aspect of the company's approach is its use of low-code and no-code development tools to build agile, scalable platforms. These technologies enable faster implementation and easier customization, helping clients adapt quickly to evolving needs. Saudi Azm also applies process mining techniques to optimize internal operations, ensuring its solutions remain cutting-edge and responsive.
The company's enterprise services are tailored to meet the needs of large institutions, particularly those in regulated industries and government. These offerings include systems integration, operational support, and the deployment of essential business functions such as procurement, HR, and ERP systems. Saudi Azm also provides strategic guidance to help clients align their technology investments with long-term goals and national digital strategies.
Beyond its core services, Saudi Azm develops specialized solutions for sectors like digital government, FinTech, electronic authentication, and automation. It actively collaborates with public entities through public-private partnerships to deliver platforms that benefit both citizens and businesses. Saudi Azm's client base includes ministries, banks, payment service providers, and private companies pursuing digital growth. The company also demonstrates a strong commitment to social responsibility through youth training programs, charitable initiatives, and community engagement, reflecting its holistic vision of success.
Ali M. Al-Balaa
Omar F. Al-Sunidi
Omer A. Al-Jeraisy
Ibrahim Ahmed Al-Bassam & Partners Chartered Accountants
Chief Financial Officer (CFO)
Vice President of Corporate Affairs
Head of Business Development Department
Head of People, Culture & Shared Services Dept.
Head of Project Department
Head of Advisory Department
Head of Legal, Governance & Board Secretary
Internal Audit Officer
Announced On | Period | As Of | Net Profit (SAR Mil) | Growth (%) |
---|---|---|---|---|
05/05/2025 | 9-Month | 31/03/2025 | 09 | 0 |
02/02/2025 | 6-Month | 31/12/2023 | 13 | 22.19 |
02/02/2025 | 6-Month | 31/12/2024 | 18 | 34.59 |
05/11/2024 | 3-Month | 30/09/2024 | 10 | 0 |
29/08/2024 | 12-Month | 30/06/2024 | 30 | 30.68 |
Market Cap US$ Mil |
Last Price Local Cry |
Price Change (%) 1 Day |
Price Change (%) 1 Year |
P/E TTM | P/B MRQ | Dividend Yield (%) | Beta | ROA (%) | ROE (%) | |
---|---|---|---|---|---|---|---|---|---|---|
STC | 56,551.3 | 43.38 | 0.88 | -2.77 | 8.47 | 1.38 | 0 | 0.75 | 8.8 | 14.99 |
EAND | 44,125.66 | 18.9 | 0.21 | 0.11 | 15.08 | 3.83 | 4.03 | 0.71 | 7.04 | 20.56 |
ETIHADETISALAT | 12,558.55 | 61.95 | 1.8 | 17.69 | 14.56 | 3.26 | 0 | 0.96 | -1.46 | -4.07 |
DU | 11,585.92 | 9.39 | 0.1 | 43.36 | 17.11 | 5.65 | 0 | 0.33 | 9.77 | 21.8 |
ORDS | 11,496.01 | 13.3 | 0 | 14.61 | 12.12 | 0.18 | 4.17 | 0.99 | 2.17 | 8.43 |
ORDS.ADX | 10,323.43 | 11.9 | 0 | 4.78 | 0 | 0 | 0 | 0.03 | 0 | 0 |
ZAIN | 7,396.68 | 524 | 0.19 | 10.62 | 9.93 | 0 | 8.12 | 0.3 | 4.96 | 10.65 |
ZAIN.KSA | 2,534.03 | 10.77 | 0.37 | -5.03 | 15.27 | 1.73 | 0 | 0.82 | 0.04 | 0.32 |
BEYON | 2,151.84 | 0.49 | 0 | -3.54 | 11.21 | 1.68 | 12.5 | 0.55 | 3.18 | 6.27 |
OTEL | 2,002.63 | 1.05 | 1.94 | 3.52 | 3.38 | 1.1 | 0 | 1.21 | 7.62 | 14.99 |
OOREDOO | 1,961.66 | 1,206 | 0.5 | 15.71 | 10.78 | 0 | 7.12 | 0.09 | 3.63 | 8.06 |
EDARAT | 1,430.47 | 205 | 0 | 0 | 217.64 | 0 | 0 | 0 | 0 | 0 |
SURE | 1,373.91 | 64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NETWORKERS | 1,175.27 | 73 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
GOTELECOM | 992.18 | 109 | 0.18 | 15.26 | 20.84 | 49.82 | 0 | 0.47 | -4.99 | -20.29 |
STC.KW | 945.37 | 565 | -1.91 | 6.46 | 18.22 | 0 | 3.87 | 0.12 | 13.31 | 25.03 |
NASEEJTECH | 659.59 | 49.9 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
VFQS | 610.27 | 2.44 | 0 | 29.57 | 16.62 | 0.44 | 0 | 0.87 | -4.2 | -5.76 |
SUDATEL | 608.25 | 0.46 | 0 | 81.82 | -657.14 | 1.05 | 0 | 0.54 | 8.64 | 19.46 |
ALQEMAM | 528.47 | 65 | -1.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ORDS.MSM | 405 | 0.24 | 0 | -14.29 | 0 | 0.56 | 0 | 1.41 | 8.26 | 13.72 |
KNOWLEDGENET | 225.17 | 23.11 | -4.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
WSM | 216.08 | 41.7 | 4.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AICTEC | 6.1 | 2.3 | 0 | 0 | 0 | 0.15 | 0 | 0 | 0.65 | 0.7 |
AZM | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |