Purity Wins SAR 9.25M Al-Qassim Contract, Extends Government Runway

Purity for Information Technology Co. won a SAR 9.25 million contract with the Emirate of Al-Qassim for operation, maintenance, and cybersecurity services. The company said no related parties are involved in the deal.

The award adds to Purity's government-sector backlog in a region where public-sector IT spending has been steady. Al-Qassim, a central province, has been modernizing its administrative infrastructure. This contract covers the operational layer – keeping systems running and secure – rather than a one-time build.

For Purity, the deal is roughly 4% of its trailing twelve-month revenue, based on publicly available filings. That is not a needle-mover on its own. It extends the revenue runway and fills a gap in the services pipeline. The company has been competing for similar mandates across multiple emirates. This win signals that its pricing and delivery remain competitive in the mid-tier government segment.

The stock has been under pressure in recent weeks, tracking a broader pullback in Saudi small-cap tech names. The contract news may provide a floor near recent support levels. The real test will be whether Purity can convert its pipeline into a string of similar awards. A single SAR 9.25 million deal does not change the earnings trajectory. It does confirm that the government channel is still open.

Purity did not disclose the contract duration or the specific cybersecurity scope. Investors will look for margin details in the next quarterly filing, particularly whether the services work carries higher margins than the company's product sales.