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DRC said the contractual value exceeds 5% of its total revenue for 2024
Digital Research Company (DRC) signed a contract with Applus Arabia Co. to provide research services, the company said in a statement.
The contractual value exceeds 5% of the company’s total revenue for 2024, including VAT, according to the statement.
The contract was awarded on Nov. 26 and signed on Dec. 8. It has a term of 13 months beginning Dec. 1.
DRC said the contract is expected to have a positive financial impact on its 2026 results, confirming that it does not involve any related parties.
According toArgaam data, DRC generated revenues of SAR 63.05 million in 2024.
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