Riyadh – Mubasher: Nice One Beauty Digital Marketing Company posted a net profit of SAR 71.74 million in 2024, reflecting a 119.91% year-on-year (YoY) surge from SAR 32.62 million.
The revenues reached SAR 1 billion as of 31 December 2024, marking a 28.27% increase from SAR 782.35 million in 2023, according to the income statements.
Moreover, the earnings per share (EPS) increased to SAR 0.65 in 2024 from SAR 0.30 a year earlier.
It is worth noting that Nice One began trading its shares on the Main Market of the Saudi Exchange (Tadawul) in January 2025 under the symbol 4193.
The company floated 30% of its share capital through an initial public offering (IPO) comprising the sale of 29.15 million ordinary shares in addition to the issuance of 5.50 million new shares through a capital raise.