Armah Sports Co 2024 AR2
The report highlights Armah Sports Company's transformational performance in 2024, marked by a 123% year-on-year revenue growth to SAR 178 million and a membership increase to 36,000. The company expanded its footprint to 12 operational clubs in Riyadh and Jeddah, including two LEED Gold certified facilities. Armah demonstrated its commitment to sustainability by reducing its carbon footprint by an additional 10%, operating in a paperless environment, and eliminating single-use plastics. Additionally, the company secured a SAR 180 million Sharia-compliant credit facility to support its future club developments.
Company: Armah Sports Co
Sector: Arts, sports & recreation
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 94
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Armah Sports Co
Annual Report
The report highlights Armah Sports Company's transformational performance in 2024, marked by a 123% year-on-year revenue growth to SAR 178 million and a membership increase to 36,000. The company expanded its footprint to 12 operational clubs in Riyadh and Jeddah, including two LEED Gold certified facilities. Armah demonstrated its commitment to sustainability by reducing its carbon footprint by an additional 10%, operating in a paperless environment, and eliminating single-use plastics. Additionally, the company secured a SAR 180 million Sharia-compliant credit facility to support its future club developments.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target