Net Workrs switches to Main Market
Networkers Saudi Services Company intends to move from the parallel market ("Nomu") to the main market ("Tadawul"). In its 2025 Board of Directors' report, the company showed revenue growth of 4%, reaching 591.78 million SAR, and a net profit of 31.31 million SAR. Financial indicators also demonstrated a strong financial position, with shareholders’ equity amounting to 112.64 million SAR and total assets of 201.62 million SAR. By the end of 2025, all short-term loans had been repaid, making the company debt-free. The company plans to increase its capital from 60 million SAR to 75 million SAR through free share grants to shareholders. It also intends to distribute regular dividends of 26.1 million SAR for 2025 and to update its administrative structure to enhance performance. Additionally, the company launched social responsibility programs aimed at promoting localization within the tech sector, while ensuring compliance with international financial reporting standards, all in preparation for its debut on the main market.
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