Alqemam for Computer Systems Co.

Alqemam for Computer Systems Co. is a Saudi Arabian technology company specializing in software infrastructure solutions. The company develops and provides enterprise software products, including operating systems, database management, and network infrastructure tools, primarily serving the local market. Listed on the Saudi Exchange under ticker 9558, Alqemam focuses on delivering reliable and secure software solutions to businesses and government entities.

The company generates revenue through licensing its software products, providing maintenance and support services, and offering consulting and implementation services. Its business model relies on recurring revenue from long-term contracts and periodic upgrades. Key financial metrics show a gross margin of 52.90%, indicating strong profitability on its software offerings, though recent revenue declined by 7.20% year-over-year and earnings dropped sharply by 73.30%.

Alqemam operates in the competitive software infrastructure sector, which includes global giants like Microsoft and Oracle, as well as regional players. The company positions itself as a local provider with deep understanding of Saudi market needs, particularly in compliance with local regulations and data sovereignty. Its relatively small market cap of SAR 134.10 million reflects its niche focus. The PE ratio of 27.58 suggests investors expect moderate growth, while EV/EBITDA of 14.36 indicates reasonable valuation relative to earnings.

The company's primary customers are enterprises and government agencies in Saudi Arabia requiring robust software infrastructure. Its target audience includes IT departments in sectors such as finance, healthcare, and education. Geographically, Alqemam focuses exclusively on the Saudi market, leveraging its local presence and relationships. The company holds minimal debt of SAR 1.34 million against cash of SAR 638,614, indicating a conservative financial position.

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