{"id":109577,"date":"2026-08-30T17:10:34","date_gmt":"2026-08-30T14:10:34","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=109577"},"modified":"2026-08-30T17:11:22","modified_gmt":"2026-08-30T14:11:22","slug":"%d8%a3%d8%b1%d9%85%d8%a7%d8%ad-%d8%aa%d8%a8%d8%af%d8%a3-%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d8%a3%d8%b3%d9%87%d9%85%d9%87%d8%a7-%d9%81%d9%8a-%d8%a7%d9%84%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%b1","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/109577\/","title":{"rendered":"\u00abArmaah\u00bb Begins Trading Its Shares on the Main Market and Aims to Expand to 50 Clubs by 2030"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Today marked the listing and trading of Armah Sports shares on the main market of Tadawul, following the completion of its transition from \u00abNomu,\u00bb the parallel market, in a move that represents a new phase in the company\u2019s institutional and investment journey. Trading in the stock began under the ticker symbol 6022 in the consumer services sector, based on its last closing price on the parallel market of 55 riyals. The stock posted a positive performance during its first trading sessions on the main market, rising 10% to 60.50 riyals by 11:15 a.m.<br>The transition allows the trading of \u00abArmah\u00bb shares to a broader segment of retail investors, institutions, and investment funds, thereby enhancing the company's presence in the financial market and expanding the base of investors able to participate in its future journey. \u00abArmah\u00bb is one of 23 companies that have transitioned from the Parallel Market to the Main Market since the launch of \u00abNomu,\u00bb coinciding with the number of listed companies in the Main Market reaching approximately 252 companies.<br>This transition is supported by the company\u2019s continued financial and operational growth. Revenue for the first half of 2026 increased by 11% to reach 113.7 million riyals, while net income reached 24.3 million riyals, representing a 35% increase on a comparable basis after excluding the impact of a non-recurring item recorded during the corresponding period of 2025.<br><strong>17% Revenue Growth Rate <br><\/strong>Second-quarter results also showed an acceleration in performance, with revenue growing by 17% to reach 60 million riyals, and net profit rising by 48% to 12.6 million riyals compared to the same quarter of the previous year. \u00abArmah\u00bb continues to implement its expansion strategy through its \u00abOptimo\u00bb and \u00abB-Fit\u00bb brands, aiming to reach a network of 50 clubs by 2030. The strategy is based on disciplined expansion, enhancing operational efficiency, and developing sports and fitness experiences that meet the expectations of different customer segments in the Kingdom.<br>Fahd bin Ali Al-Haqbani, Vice Chairman of the Board of Directors and CEO of Armah Sports Company, said:<br>\u00abArmah's transition to the main market represents an important milestone in the company's journey and reflects the progress we have achieved since our listing on the parallel market. We are entering this phase with clear ambition and a plan targeting 50 clubs by 2030, while continuing to focus on disciplined growth, operational efficiency, transparency, and building sustainable value for our shareholders.\u00bb<br>Tadawul Saudi had approved the request to transition the company's shares to the Main Market on August 9, 2026, prior to completing the transition procedures and the commencement of trading. The company's capital amounts to 328,591,660 SAR, distributed across 32,859,166 shares.<br><br>It is worth mentioning that Armah Sports Company was established in 2019, and specializes in the development and operation of sports clubs for men and women in the Kingdom of Saudi Arabia through its two brands, \u00abB-Fit\u00bb and \u00abOptimo.\u00bb The company offers integrated sports and fitness concepts that combine design, technology, and quality of experience, as part of a strategy aimed at building a network of 50 clubs by 2030.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The listing and trading of Armah Sports Company shares on the Saudi Exchange's main market began today, following the completion of its transition from \u00abNomu,\u00bb the parallel market, in a step representing a new phase in the company's corporate and investment journey. Trading of the share began under the ticker symbol 6022 within the consumer services sector, starting from its last closing price in the parallel market of 55 riyals. The share recorded a performance of\u2026 <a title=\"\u00abArmaah\u00bb Begins Trading Its Shares on the Main Market and Aims to Expand to 50 Clubs by 2030\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/109577\/\" aria-label=\"Read more about Armah starts trading its shares on the main market and aims to reach 50 clubs by 2030\">Read more<\/a><\/p>","protected":false},"author":10,"featured_media":109578,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[120],"tags":[],"class_list":["post-109577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-markets"],"acf":{"amlak_post_excerpt":"\u0633\u062c\u0644 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