
"Sector" = median of Technology across 108 companies
Sure Global Technology Company is a Saudi-based information technology services provider listed on the Saudi Exchange under ticker 9550. The company offers a range of IT solutions including system integration, software development, network infrastructure, and cybersecurity services. It primarily serves government and corporate clients in the Kingdom, helping them digitize operations and enhance technological capabilities.
Revenue is generated through project-based contracts for IT implementation, maintenance, and support services. The company also earns recurring income from managed services and software licensing. Its business model relies on long-term relationships with clients, with a focus on delivering end-to-end solutions from consulting to post-deployment support. Cost structure is driven by skilled labor and technology partnerships.
Sure Global operates in the competitive IT services sector in Saudi Arabia, which is growing rapidly due to Vision 2030 digital transformation initiatives. The company positions itself as a reliable local partner with deep understanding of regional requirements. Its competitive advantages include strong government ties and a track record of large-scale project delivery. However, margins are modest, and earnings have been volatile.
The company's primary customers are government entities and large enterprises in Saudi Arabia. It derives nearly all revenue from the domestic market, with limited international exposure. The target audience includes ministries, municipalities, and private sector firms seeking to modernize IT infrastructure. Sure Global's success is closely tied to public sector spending on technology and economic conditions in the Kingdom.
An auto-generated descriptive profile based on company data, for informational purposes only.
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Latest saved period: June 2025 · 2025-06-30
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Jun 18, 2025 | 1.50 SAR | — | — |
| Jun 26, 2024 | 1.50 SAR | — | — |
| Jun 13, 2023 | 1.33 SAR | — | — |
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