Estithmar Holding

Estithmar Holding Q.P.S.C

IGRDStocksQatar Stock ExchangeDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	6.49B	4.22B	2.92B	4.24B	2.75B
Cost of Revenue	4.38B	3.22B	2.12B	3.62B	2.35B
Gross Profit	2.11B	1.00B	0.80B	0.62B	0.40B
SG&A	921.74M	506.22M	431.24M	253.90M	162.44M
Operating Expenses	969.01M	422.05M	309.14M	208.48M	88.16M
Operating Income	1.14B	0.57B	0.49B	0.41B	0.31B
Interest Expense	-168.57M	-137.66M	-129.18M	-67.50M	-29.73M
Other Income/Expense	-83.63M	-18.24M	-0.79M	-10.79M	—
Pretax Income	1.01B	0.43B	0.36B	0.33B	0.28B
Income Tax	68.55M	7.79M	4.82M	3.37M	0.33M
Net Income	989.80M	404.32M	347.75M	338.18M	275.94M
EBITDA	1.31B	0.71B	0.62B	0.51B	0.36B
EBIT	1.14B	0.57B	0.49B	0.41B	0.31B
EPS (Basic)	0.22	0.09	0.08	0.08	0.08
EPS (Diluted)	0.22	0.09	0.08	0.08	0.08
Margins & Efficiency
Gross Margin %	+32.5%	+23.6%	+27.3%	+14.5%	+14.5%
EBITDA Margin %	+20.1%	+16.9%	+21.4%	+11.9%	+13.3%
Net Margin %	+15.2%	+9.6%	+11.9%	+8.0%	+10.0%
Revenue & Income
Revenue	6.49B	4.22B	2.92B	4.24B	2.75B
Revenue Growth (YoY)	+53.9%	+44.4%	-31.1%	+54.3%	—
Earnings From Equity Investments	18.01M	11.70M	0.39M	—	—
Currency Exchange Gain (Loss)	-56.44M	—	—	—	—
Expenses & Provisions
Cost of Revenue	4.38B	3.22B	2.12B	3.62B	2.35B
Selling, General & Admin	921.74M	506.22M	431.24M	253.90M	162.44M
Operating Expenses	969.01M	422.05M	309.14M	208.48M	88.16M
Other Operating Expenses	-109.25M	-96.14M	-96.59M	-57.00M	-75.28M
Interest Expense	-168.57M	-137.66M	-129.18M	-67.50M	-29.73M
Other Non Operating Income (Expenses)	-83.63M	-18.24M	-0.79M	-10.79M	—
Asset Writedown	157.80M	0.61M	—	—	—
D&A For EBITDA	166.77M	137.03M	136.87M	99.46M	55.21M
Profitability & Returns
Gross Profit	2.11B	1.00B	0.80B	0.62B	0.40B
Gross Margin	+32.5%	+23.6%	+27.3%	+14.5%	+14.5%
EBIT	1.14B	0.57B	0.49B	0.41B	0.31B
EBIT Margin	+17.6%	+13.6%	+16.7%	+9.6%	+11.3%
EBITDA	1.31B	0.71B	0.62B	0.51B	0.36B
EBITDA Margin	+20.1%	+16.9%	+21.4%	+11.9%	+13.3%
EBT Excluding Unusual Items	849.03M	429.42M	357.08M	328.42M	279.38M
Pretax Income	1.01B	0.43B	0.36B	0.33B	0.28B
Operating Income	1.14B	0.57B	0.49B	0.41B	0.31B
Operating Margin	+17.6%	+13.6%	+16.7%	+9.6%	+11.3%
Profit Margin	+15.2%	+9.6%	+11.9%	+8.0%	+10.0%
Net Income	989.80M	404.32M	347.75M	338.18M	275.94M
Net Income to Common	989.80M	404.32M	347.75M	338.18M	275.94M
Net Income Growth	+144.8%	+16.3%	+2.8%	+22.6%	—
Earnings From Continuing Ops.	938.28M	422.24M	352.27M	325.05M	279.05M
Minority Interest in Earnings	51.51M	-17.92M	-4.51M	13.13M	-3.11M
Income Tax Expense	68.55M	7.79M	4.82M	3.37M	0.33M
Effective Tax Rate	+6.8%	+1.8%	+1.3%	+1.0%	+0.1%
Per Share & Capital
EPS (Basic)	0.22	0.09	0.08	0.08	0.08
EPS (Diluted)	0.22	0.09	0.08	0.08	0.08
EPS Growth	+144.8%	+16.3%	-4.1%	-0.6%	—
Shares Change (YoY)	—	—	0.07	0.23	—
Shares Outstanding (Basic)	4.49B	4.49B	4.49B	4.19B	3.40B
Shares Outstanding (Diluted)	4.49B	4.49B	4.49B	4.19B	3.40B
Free Cash Flow	-902.99M	-786.03M	-101.50M	-767.60M	-544.48M
Free Cash Flow Margin	-13.9%	-18.6%	-3.5%	-18.1%	-19.8%
Free Cash Flow Per Share	-0.20	-0.18	-0.02	-0.18	-0.16
Payout Ratio	—	—	—	—	+11.5%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	6.49B	4.22B	2.92B	4.24B	2.75B
Cost of Revenue	4.38B	3.22B	2.12B	3.62B	2.35B
Gross Profit	2.11B	1.00B	0.80B	0.62B	0.40B
SG&A	921.74M	506.22M	431.24M	253.90M	162.44M
Operating Expenses	969.01M	422.05M	309.14M	208.48M	88.16M
Operating Income	1.14B	0.57B	0.49B	0.41B	0.31B
Interest Expense	-168.57M	-137.66M	-129.18M	-67.50M	-29.73M
Other Income/Expense	-83.63M	-18.24M	-0.79M	-10.79M	—
Pretax Income	1.01B	0.43B	0.36B	0.33B	0.28B
Income Tax	68.55M	7.79M	4.82M	3.37M	0.33M
Net Income	989.80M	404.32M	347.75M	338.18M	275.94M
EBITDA	1.31B	0.71B	0.62B	0.51B	0.36B
EBIT	1.14B	0.57B	0.49B	0.41B	0.31B
EPS (Basic)	0.22	0.09	0.08	0.08	0.08
EPS (Diluted)	0.22	0.09	0.08	0.08	0.08
Margins & Efficiency
Gross Margin %	+32.5%	+23.6%	+27.3%	+14.5%	+14.5%
EBITDA Margin %	+20.1%	+16.9%	+21.4%	+11.9%	+13.3%
Net Margin %	+15.2%	+9.6%	+11.9%	+8.0%	+10.0%
Revenue & Income
Revenue	6.49B	4.22B	2.92B	4.24B	2.75B
Revenue Growth (YoY)	+53.9%	+44.4%	-31.1%	+54.3%	—
Earnings From Equity Investments	18.01M	11.70M	0.39M	—	—
Currency Exchange Gain (Loss)	-56.44M	—	—	—	—
Expenses & Provisions
Cost of Revenue	4.38B	3.22B	2.12B	3.62B	2.35B
Selling, General & Admin	921.74M	506.22M	431.24M	253.90M	162.44M
Operating Expenses	969.01M	422.05M	309.14M	208.48M	88.16M
Other Operating Expenses	-109.25M	-96.14M	-96.59M	-57.00M	-75.28M
Interest Expense	-168.57M	-137.66M	-129.18M	-67.50M	-29.73M
Other Non Operating Income (Expenses)	-83.63M	-18.24M	-0.79M	-10.79M	—
Asset Writedown	157.80M	0.61M	—	—	—
D&A For EBITDA	166.77M	137.03M	136.87M	99.46M	55.21M
Profitability & Returns
Gross Profit	2.11B	1.00B	0.80B	0.62B	0.40B
Gross Margin	+32.5%	+23.6%	+27.3%	+14.5%	+14.5%
EBIT	1.14B	0.57B	0.49B	0.41B	0.31B
EBIT Margin	+17.6%	+13.6%	+16.7%	+9.6%	+11.3%
EBITDA	1.31B	0.71B	0.62B	0.51B	0.36B
EBITDA Margin	+20.1%	+16.9%	+21.4%	+11.9%	+13.3%
EBT Excluding Unusual Items	849.03M	429.42M	357.08M	328.42M	279.38M
Pretax Income	1.01B	0.43B	0.36B	0.33B	0.28B
Operating Income	1.14B	0.57B	0.49B	0.41B	0.31B
Operating Margin	+17.6%	+13.6%	+16.7%	+9.6%	+11.3%
Profit Margin	+15.2%	+9.6%	+11.9%	+8.0%	+10.0%
Net Income	989.80M	404.32M	347.75M	338.18M	275.94M
Net Income to Common	989.80M	404.32M	347.75M	338.18M	275.94M
Net Income Growth	+144.8%	+16.3%	+2.8%	+22.6%	—
Earnings From Continuing Ops.	938.28M	422.24M	352.27M	325.05M	279.05M
Minority Interest in Earnings	51.51M	-17.92M	-4.51M	13.13M	-3.11M
Income Tax Expense	68.55M	7.79M	4.82M	3.37M	0.33M
Effective Tax Rate	+6.8%	+1.8%	+1.3%	+1.0%	+0.1%
Per Share & Capital
EPS (Basic)	0.22	0.09	0.08	0.08	0.08
EPS (Diluted)	0.22	0.09	0.08	0.08	0.08
EPS Growth	+144.8%	+16.3%	-4.1%	-0.6%	—
Shares Change (YoY)	—	—	0.07	0.23	—
Shares Outstanding (Basic)	4.49B	4.49B	4.49B	4.19B	3.40B
Shares Outstanding (Diluted)	4.49B	4.49B	4.49B	4.19B	3.40B
Free Cash Flow	-902.99M	-786.03M	-101.50M	-767.60M	-544.48M
Free Cash Flow Margin	-13.9%	-18.6%	-3.5%	-18.1%	-19.8%
Free Cash Flow Per Share	-0.20	-0.18	-0.02	-0.18	-0.16
Payout Ratio	—	—	—	—	+11.5%