Yaqeen Capital 2025 Results: Profits Decline amid Lower Revenues and Impacted Investment Performance

In the 2025 results, the financial statements of “Yaqeen Capital” reflect a clear shift in performance, as the company recorded a decline in net profits, amid a decrease in revenues and the impact of certain investment items, despite a notable decline in expenses.

The company recorded a net profit of approximately SAR 5.1 million, compared to SAR 21.1 million in the previous year, while revenues amounted to approximately SAR 73 million, compared to around SAR 89 million in 2024, while expenses declined to approximately SAR 11.9 million according to the financial statements.

These figures reflect a change in the performance structure, as income declined notably compared to the previous year, directly impacting the level of profitability.

In the details of the income statement, the contribution of multiple revenue items appears, including brokerage and asset management services, alongside items related to investments and advisory services, as stated in the report.

This comes at a time when the revenue structure indicates diversification of income sources, with the company continuing to rely on more than one activity; however, the change in certain items, particularly investment-related ones, had a direct impact on the final results.

Who bears the greatest burden in the decline of Yaqeen Capital’s results?

The decline does not appear as a single number, but as a clear story that can be traced item by item, revealing where the real decline occurred and who bore the greatest burden.

The beginning comes from Advisory services revenues, which were one of the most important income drivers in 2024, when they recorded approximately SAR 41.55 million, before declining in 2025 to about SAR 31.34 million, a difference exceeding SAR 10 million. This decline alone explains a large part of the revenue decrease and reflects a slowdown in activity related to transactions and advisory services.

In parallel, Brokerage revenues declined from SAR 11.05 million to SAR 7.53 million, a loss of approximately SAR 3.5 million, indicating additional weakness in operational activity related to trading.

However, the heaviest impact was not only operational. Looking at the item: 

Profit/loss from investments at fair value:

It shifted from recording a profit of SAR 4.11 million in 2024 to recording a loss of approximately SAR 4.05 million in 2025, a negative difference exceeding SAR 8 million. This shift did not merely reduce revenues but directly subtracted from them, becoming one of the most prominent factors pressuring the results.

Net profit declines to SAR 5.1 million, a decrease of approximately 75%

The company recorded a net profit of approximately SAR 5.1 million during 2025, compared to SAR 21.1 million in 2024, recording a decrease of approximately 75%.

This decline reflects a clear decrease in the company’s final results during the period.

Revenues decline to SAR 73 million, a decrease of approximately 18%

The company’s revenues in 2025 amounted to approximately SAR 73 million, compared to approximately SAR 89 million in 2024, a decrease of approximately 18%.

This decline reflects a decrease in some core income sources such as brokerage and asset management services.

The investment item shifts from profit to loss

The financial statements indicate a change in the item:

Profit/loss from investments at fair value

where it recorded:

• a loss of approximately SAR 4.05 million in 2025
• compared to Profit of 4.11 million riyals in 2024

This shift represents one of the factors influencing the final results.

Expenses decline notably to SAR 11.9 million

The financial statements showed that expenses recorded approximately SAR 11.9 million In 2025, compared to approximately 60.9 million riyals In 2024.

This decline reflects a significant reduction in costs; however, it was not sufficient to offset the decline in revenues and the impact of certain other items.

Profitability declines despite lower costs

Despite the significant decrease in expenses, the decline in revenues and the conversion of some investment items into losses led to a clear decrease in net profit.

Gap between operational performance and final results

When reading the financial statements comprehensively, a discrepancy appears between:

• A decline in revenues by approximately 18%
• A significant decrease in expenses
• A decline in net profit by approximately 75%

This discrepancy indicates that investment performance was one of the factors influencing the final results.

Analytical reading of financial performance

The results of “Yaqeen Capital” during 2025 reflect the profile of a company that:

• Experienced a decline in revenues compared to the previous year
• Significantly reduced its expenses
• Was affected by investment items in its results

The data indicate that the main challenge lies in restoring revenue growth and improving the stability of profitability sources.

Conclusion Jawlah

The 2025 results show that “Yaqeen Capital” faced a decline in financial performance, due to lower revenues and the impact of certain investment items, despite the reduction in costs.

Future performance development remains linked to the company’s ability to improve revenues and enhance the stability of its results.