Wholesale growth and the consolidation of its IT arm powered Etihad GO Telecom to a strong full-year performance. The company posted a 17.7% y-o-y increase in net income to SAR 259 mn in FY 2025-26, while revenue climbed 31.2% y-o-y to SAR 1.9 bn, it said in a Tadawul filing.
Behind the numbers: Wholesale revenue surged 65% y-o-y, adding SAR 314 mn, while B2B revenue rose 11% on higher sales from government and private-sector projects. Results also benefited from consolidating a full 12 months of subsidiary Ejad Tech’s revenue, which contributed SAR 139 mn during the year.