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Al Moammar Information Systems Co. (MIS) announced receiving a major work order from HUMAIN valued at over 135% of its total gross revenue for 2025. The contract spans an execution timeframe of 16 months, with the corresponding financial impact expected to materialize starting from the fourth quarter of 2026. This order builds upon a broader framework between the two entities.
The development follows a substantial agreement signed in September to expand the design and construction scope of artificial intelligence data centers, boosting capacity from 50 MW to 250 MW. The total value of that expanded agreement exceeds 689% of the company's 2025 revenue, translating to roughly SAR 8.76 billion based on reported revenues of SAR 1.27 billion.
This massive order backlog significantly enhances MIS's long-term revenue visibility and solidifies its position within Saudi Arabia's expanding technology and AI infrastructure landscape. Investors will be monitoring execution timelines and subsequent quarterly earnings to gauge margin sustainability as project realization begins in late 2026.
