The loss per share was determined using the weighted average method, taking into account the number of days from the start of the period until the last day of exercising rights, which occurred on May 23, 2023, totaling 142 days. Additionally, the number of days from the day following the last day of exercising rights until the end of the period, which amounted to 38 days, was also factored in. On the day of issuing the rights issue, the share price stood at 23.52 riyals. Furthermore, the theoretical share price for the previous rights was calculated to be 13.38. In a recent analysis, the settlement coefficient was determined by dividing the share price on the day of the rights issue issuance by the theoretical share price. The resulting settlement coefficient was calculated to be 1.76. In a recent analysis, it was determined that the weighted average of shares during a specific period was calculated to be 10,413,333 from the beginning until the final day of exercising rights. Additionally, the weighted average of shares from the last day of exercising rights until the end of the period was found to be 6,333,333. These figures provide valuable insights into the distribution of shares over the given timeframe. In a recent development, the net loss for the current period has been calculated by dividing it with the total weighted average, resulting in a loss per share of -0.121 for the current period. This figure is in comparison to a loss per share of -0.076 for the corresponding period last year.
In a calculated move, the net loss for the current period has been divided by the total weighted average for the corresponding period of the previous year. This division, resulting in a figure of -1,005,276 divided by 13,200,200, provides a comprehensive analysis of the financial performance.
