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Elm Targets 17-19% Revenue Growth 2026
7.1
Elm Co. projects 17–19% revenue growth for 2026, with an EBIT margin of 21–23% and operating cash flows equal to 85–95% of net profit, CEO Mohammed Alomair said on the investor call. Management completed integration of Thiqah in February 2026 and expects SAR70–80 million in cost savings while launching nine products and 48 services targeting about SAR300 million in revenue.
Key Points
- 1Targets 17–19% 2026 revenue growth, 21–23% EBIT margin, 85–95% operating cash flow
- 2Completed Thiqah integration early February 2026 to realize SAR70–80 million annual cost savings
- 3Plans nine products and 48 services in 2026 expected to generate roughly SAR300 million revenue
Scoring Rationale
Official investor guidance and completed acquisition integration boost credibility and strategic relevance, limited by company-specific scope and regional focus.
Sources
Public references used for this report.
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