Advance International Company for Communication and Information Technology

Advance International Company for Communication and Information Technology (9524) is a Saudi-based firm operating in the security and protection services industry. The company provides integrated communication and information technology solutions, with a focus on security systems, surveillance, and related services. It caters to both government and private sector clients, offering products and services that enhance safety and operational efficiency.

The company generates revenue primarily from the sale and installation of security systems, including CCTV, access control, and alarm systems, as well as from maintenance and support contracts. Its business model relies on project-based sales and recurring service agreements. Despite a 40.40% year-over-year revenue growth, the company reports negative operating and profit margins, indicating high costs relative to sales.

In the industrials sector, specifically security and protection services, Advance International competes with other local and regional providers. Its market capitalization of SAR 89.60 million and price-to-book ratio of 4.67 suggest a premium valuation relative to book value, while a negative EV/EBITDA of -10.66 reflects unprofitability. The company's gross margin of 17.46% is modest, and its high debt-to-cash ratio indicates financial leverage.

Advance International's target customers include commercial enterprises, government agencies, and residential complexes in Saudi Arabia. Its main geographic market is the domestic Saudi market, where it leverages local expertise and relationships. The company's financial metrics, such as low cash reserves of SAR 1.02 million against debt of SAR 3.54 million, highlight its need for improved working capital management.

An auto-generated descriptive profile based on company data, for informational purposes only.