Revenue increased by 2.7% yoy (-11.2% qoq) to SAR174mn, in line with our estimate of SAR172mn
Gross margins contracted by 435bps yoy to 28.7% in Q3 22, and was lower than our estimate of 34.2%
Operating expenses in absolute terms increased by 50.5% yoy to SAR17.0mn and came higher than our estimate
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