Innovative
Integrated
Healthcare
Services for You
Marking our first year as a publicly listed company on the Saudi Exchange (Tadawul), SMC Healthcare continues its journey of clinical excellence, digital transformation, and sustainable growth across Riyadh.
A Year of Strong
Financial Growth
SMC Healthcare delivered robust financial performance in 2025, with revenue growth of 7%, significant margin expansion, and a 43.7% increase in net profit — reflecting the strength of our integrated healthcare platform.
* FY2025 metrics include a SAR 60.6M one-off gain on sale of land.
Revenue & Profitability Trend
SAR Millions | FY2023–FY2025
- Revenue
- Gross Profit
- Net Profit
- EBITDA
Margin Expansion Journey
Percentage (%) | FY2023–FY2025
- Gross Margin
- Net Margin
- EBITDA Margin
A Milestone Year
of Transformation
"This year represents a milestone in our evolution: a year in which we transitioned from a private healthcare organization to a publicly listed company positioned for long-term growth, transparency, and value creation."
It is my honor to present our 2025 Annual Report, which is an especially significant publication as it marks our first reporting cycle following SMC's successful listing to the Saudi Stock market on 25 June 2025.
In 2025, our commitment remained clear: Innovative Integrated Healthcare Services for You. This theme reflects who we are today and the healthcare system we are building for tomorrow — one that blends clinical excellence with a human-centred approach.
As we look ahead to 2026, our strategic direction is focused and ambitious. We will continue to strengthen our care model, expand our capabilities, deepen integration across our network, and invest in innovation that improves the patient's journey.
Building on
Strong Foundations
"The completion of our IPO in 2025 marked a pivotal moment, validating our vision and fueling our future growth opportunities."
This year was a transformative year for SMC, marked by strong progress across our operations. Our defining milestone was the public listing of the company in the main market of Saudi Exchange (Tadawul).
Operationally, SMC continued to deliver strong performance across its hospital network. Demand for our services remained robust, supported by sustained growth in patient volumes and high utilization across key specialties.
A central focus during the year was strengthening the operational platform required to support long-term growth. We invested in systems, clinical capabilities and infrastructure that enhance integration across our hospitals and clinics.
"Net Revenue increased by 7% to SAR 1,538.5 million. EBITDA increased significantly to SAR 416.5 million, with EBITDA margin expanding to 27.1%. Net profit increased by 43.7% to SAR 266.2 million."
Operational
Excellence
Our 2025 performance demonstrates strong operational momentum supported by rising patient demand, expanded clinical services and increased digital engagement.
Key Volume Comparison
Performance Radar (2024=100)
Our Presence
Across Riyadh
SMC operates an integrated network of hospitals and outpatient clinics across Riyadh, providing comprehensive healthcare services to the Central Province of Saudi Arabia.
Outpatient Clinic Network
Expansion &
Future Growth
SMC's growth strategy is built on four pillars: capacity expansion, service diversification, digital transformation, and geographic growth — all aligned with Saudi Vision 2030's healthcare objectives.
Adding 300 beds at SMC 4 to nearly double our inpatient capacity
Launching new specialty centers including oncology, robotic surgery, and fertility
Unified digital platform connecting all facilities for seamless patient journeys
Evaluating opportunities to extend SMC's network beyond Riyadh into new regions
Strategic Initiatives
SMC 4 — Khuzam District
A flagship 300-bed tertiary hospital in the Khuzam district of Riyadh, financed through an SAR 800M Islamic Credit Facility. This will be SMC's most advanced facility, featuring a comprehensive cancer center, advanced surgical suites, and a dedicated research wing.
Aligned with National Healthcare Transformation
SMC's growth strategy directly supports Vision 2030's healthcare objectives: increasing private sector participation, improving quality of care, reducing medical tourism, and building a world-class healthcare system.
The Investment
Case for SMC
SMC Healthcare offers investors a compelling opportunity to participate in Saudi Arabia's growing private healthcare sector, backed by a proven track record, strong financials, and a clear growth strategy.
Proven Growth Track Record
Consistent revenue growth with 7% increase in FY2025, driven by rising patient volumes, expanded service offerings and improved operational throughput.
Integrated Healthcare Platform
Unique integrated model combining hospitals, clinics, diagnostics and pharmacy under one roof — delivering superior patient outcomes and operational efficiencies.
Vision 2030 Tailwind
Directly aligned with Saudi Arabia's healthcare privatization agenda, benefiting from government support, regulatory frameworks and growing private healthcare demand.
Digital Transformation Edge
Leading digital adoption with 64.6% of appointments via mobile app, AI-powered diagnostics and integrated EMR systems driving efficiency.
Experienced Leadership
Board and management team with deep healthcare expertise, supported by strong governance frameworks and transparent reporting as a newly listed public company.
Clinical Excellence
JCI-accredited facilities, 99.6% cardiac catheterization success rate, and first urological robotic surgery in Saudi Arabia.
SMC Share Price — 2025
SAR per share | Post-IPO (June 25, 2025)
Shareholder Information
Environmental,
Social & Governance
SMC Healthcare is committed to responsible business practices that create long-term value for all stakeholders — patients, employees, communities, and shareholders.
LED lighting upgrades and energy management systems across all facilities
Comprehensive medical waste segregation and safe disposal protocols
Smart water management and recycling initiatives
Transition to renewable energy sources and reduced carbon footprint
Community Impact
Our People
SMC invests in its people through continuous training, career development programs, and a culture of excellence. Our diverse workforce of over 3,000 employees from 40+ nationalities reflects our commitment to inclusion.
Supporting Saudi Vision 2030
SMC's growth strategy is directly aligned with Saudi Vision 2030's healthcare transformation goals — expanding private sector healthcare capacity, improving quality of care, and building a sustainable, world-class health system for Saudi Arabia.