Quara Finance Company

Quara Finance Company is a Saudi Arabian credit services provider operating in the financial services sector. The company offers consumer and business financing solutions, including personal loans, credit cards, and leasing services. It is listed on the Saudi Exchange under the ticker 9596 and focuses on Sharia-compliant financial products to cater to the local market.

Quara generates revenue primarily from interest income on loans and financing contracts, as well as fees from credit services. The company's gross margin of 72.95% indicates strong pricing power, while its operating margin of 5.24% reflects moderate operational efficiency. Recent quarterly revenue has been growing, with a 14.38% year-over-year increase, driven by higher demand for credit products.

The credit services industry in Saudi Arabia is competitive, with players ranging from traditional banks to specialized finance companies. Quara positions itself as a niche provider of Sharia-compliant financing, targeting underserved segments. Its price-to-book ratio of 1.02 suggests the market values it close to its net assets, while a PE of 60.00 indicates high earnings expectations relative to current profitability.

Quara's primary customers are individuals and small-to-medium enterprises in Saudi Arabia seeking Sharia-compliant credit. The company operates exclusively in the domestic market, benefiting from the country's growing financial inclusion and regulatory support for non-bank lenders. Its cash position of 134.96M SAR against debt of 521.26M SAR highlights a leveraged balance sheet, typical for finance companies.

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