Etihad Atheeb Telecommunication Co.

Etihad Atheeb Telecommunication Co.

TTADAWUL:7040
69.15
SAR
-1.85
(-2.61%)
8.23EPS
11.43P/E
3.03BMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.95
6.27
8.7
14.27
16.23
14.21
11.46
10.73
12.78
21.28
33.57
43
56.41
59.62
Basic EPS, GAAP
-6.32
-1.43
-3.76
-4.24
-1.36
-1.8
-2.42
-1.46
-1.26
1.43
6.43
6.46
7.62
7.81
Free Cash Flow per Basic Share
-1.12
2.83
-0.3
-0.14
-0.6
2.52
2.23
-0.88
1.41
0.06
5.86
4.93
1.22
-1.76
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.3
0.3
- -
Book Value per Share
17.42
15.98
11.31
8.13
9.6
7.52
5.09
3.77
2.5
3.92
16.44
22.52
29.82
31.83
Tangible Book Value per Share
3.14
-2.38
-10.09
-12.11
-17.72
-18
-18.57
-8.55
-9.13
-6.93
6.7
10.99
18.2
20.1
Basic Weighted Avg Shares
39
39
39
30
30
30
30
26
30
30
30
34
34
34
Sales/Revenue/Turnover
235
247
343
422
480
421
340
282
379
630
1,016
1,462
1,918
2,028
Operating Margin (%)
-106.82
-118.4
-84.39
-52.81
-30.89
-17.9
-15.86
-14.66
-11.85
7.13
14.49
15.12
14.71
14.24
Depreciation Expense
202
198
188
142
91
74
123
100
67
61
62
58
58
55
Net Income, GAAP
-249
-56
-148
-125
-40
-53
-72
-38
-37
42
195
220
259
266
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.98
3.71
5.27
5.62
Profit Margin (%)
-106.28
-22.76
-43.17
-29.7
-8.39
-12.66
-21.09
-13.56
-9.88
6.74
19.16
15.02
13.51
13.09
Working Capital
-460
-306
-284
-444
-477
-583
-621
-146
-183
-203
180
257
482
490
LT Debt
163
132
101
70
39
8
256
250
133
92
55
31
26
22
Total Equity
687
630
446
321
284
222
151
112
74
116
559
785
1,052
1,122
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
35
56.17
33.93
29.92
28.24
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.8
46.63
30.8
25.9
24.31
Return on Common Equity (%)
- -
-8.54
-27.53
-32.69
-13.32
-21.06
-38.4
-29.15
-40.27
44.69
57.68
33.15
29.11
27.81

Capital Structure

SAR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
36
37
35
LT Borrowings
5
5
5
LT Finance Leases
23
21
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
34
Market Capitalization
3,077
2,934
3,034

Working Capital

SAR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
1,165
1,163
1,155
Cash, Cash Equivalents & STI
512
590
538
Accounts Receivable, Net
441
401
425
Inventories
18
13
12
Total Current Liabilities
692
681
666
Payables & Accruals
- -
- -
- -
ST Debt
36
37
35
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.98%
95.82%
34.05%
Free Cash Flow
968.47%
2,015.21%
-75.32%
Net Income, GAAP
11.03%
34.68%
17.99%
Sales/Revenue/Turnover
22.52%
47.39%
31.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
310
347
382
423
1,462
2026
435
470
489
523
1,918
2027
545
- -
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.37
1.72
1.62
1.74
6.46
2026
1.81
1.91
2.06
1.83
7.62
2027
2
- -
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
0.3
2027
- -
- -
- -
- -
- -

Company Description

CEO
Yahya bin Saleh bin Mohsen Al-Mansour
Full Time Employees
409
Sector
Communications
Industry
Specialty telecommunications
Address
3704 King Abdullah Branch Road Riyadh Riyadh Province Saudi Arabia 12482
IPO Date
Mar 21, 2009
Website
go.com.sa
Business
Etihad Atheeb Telecommunication Company, operating commercially as Etihad GO Telecom Company since November 2025, is a Saudi-based telecommunications provider offering a comprehensive range of fixed and wireless communication services. The company manufactures and provides voice services including nomadic voice over WiMAX, broadband internet services such as WiMAX, fiber to the building (FTTB), dedicated internet access, 5G, ethernet, and IPVPN. It also offers international gateway and fixed telephone line services; data services including session initiation protocol trunking, toll-free numbers, universal access numbers, unified communication as a service, and prepaid calling cards. Additional offerings include managed services like managed routers and SD-WAN, distributed denial of service protection, digital solutions encompassing colocation, cloud infrastructure as a service, and digital transformation consulting, as well as Internet of Things (IoT) services like machine-to-machine communication, video surveillance systems, and fleet management. The company also provides broadband satellite services, automated vehicle location services, fintech solutions, military software, geographic information systems applications, and telecommunications and information network management and monitoring services. Etihad GO Telecom targets individual, household, business, and government customers primarily within Saudi Arabia, with international operations extending its reach. Founded in 2009 and headquartered in Riyadh, Saudi Arabia, Etihad GO Telecom has recently undergone significant developments, most notably its rebranding from Etihad Atheeb Telecommunication Company to Etihad GO Telecom Company in November 2025 as part of a strategic transformation aimed at strengthening its position in telecommunications and technology sectors and supporting Saudi Vision 2030. In June 2025, the company acquired a 51% majority stake in Ejad Tech, a leading Saudi IT services and digital transformation consultancy firm, for SAR 86.7 million. This acquisition aligns with Etihad GO Telecom's strategy to expand beyond traditional telecom services into digital and IT sectors, enhancing its technological capabilities and business footprint. The company has also secured new framework agreements, such as one with the Ministry of Communications and Technology in Syria, reflecting its regional expansion initiatives. These recent strategic moves underscore Etihad GO Telecom's focus on diversification, digital innovation, and comprehensive service offerings to drive growth in competitive markets. The company is publicly traded on the Tadawul stock exchange under the ticker GO TELECOM.