EMBRACING THE FUTURE
WITH PASSION
Theme of the Year
EMBRACING
THE FUTURE
WITH PASSION
In a year defined by transformative milestones, elm reaffirmed its role as a catalyst for progress and a trusted partner in digital transformation. elm embraced new challenges and took major strides towards the future, demonstrating its resilience, innovation and vision to reshape industries and communities. Guided by its strategic roadmap, elm 4.0, the Company aligned its capabilities with the evolving needs of the Kingdom and beyond. By leveraging cutting-edge technologies and forging meaningful partnerships, elm translated bold ambitions into actionable solutions, driving sustainable growth for its customers, stakeholders and society.
elm’s achievements reflect the strength of its foundations and its ability to deliver exceptional value. From scaling government platforms that enhance citizen services to introducing groundbreaking private sector innovations, elm demonstrated its commitment to operational excellence and market leadership. Every initiative was underpinned by a deep understanding of the Company’s clients’ needs and an unwavering focus on fostering long-term trust. This year, elm strengthened its collaborations with government entities and expanded internationally, highlighting elm’s growing influence as a global digital leader.
Innovation has remained at the heart of elm’s journey. Whether deploying artificial intelligence to redefine service delivery or advancing platforms that empower businesses and citizens alike, elm consistently sets new benchmarks for excellence. As the Company deepened its expertise across critical sectors, it simultaneously invested in the future – building the capabilities and partnerships that ensure continued relevance and impact. By aligning with Vision 2030, elm’s solutions are shaping industries and transforming the very fabric of the Kingdom.
Looking ahead, elm will continue to embrace the future with passion. Through its steadfast dedication to innovation, collaboration and sustainability, elm are driving the Kingdom toward a new era of possibilities. At elm, the belief is that the best way to shape the future is to create it, and together with its partners and stakeholders, elm are shaping a better future for all.
Annual Report 2024
At a Glance
elm has delivered an exceptional year of growth, innovation and impact, setting new benchmarks in digital transformation and business excellence. Strengthening its market leadership, forging strategic alliances and expanding internationally, elm continues to push the boundaries of what is possible, embracing the future with passion, ambition and an unrelenting drive to build a smarter, more connected world.
% 5,898 million
% 2,332 million
% 1,351 million
profit
% 1,356 million
per share
% 7.00
per share
% 17.46
agreement signed with Ministry of Interior and Saudi Authority for Data and Artificial Intelligence (SDAIA)
of the Digital Stadium project signed with the Ministry of Sport
countries covered by the Makkah Route initiative
international consulting projects were secured in Oman and Egypt
Launched elm’s 1st Sustainability Report
Launched a comprehensive recycling initiative across elm facilities
Contributed
Appointed a new four-year Board of Directors