Al Mahhar

Al Mahhar Holding Company QPSC

MHARStocksQatar Stock ExchangeTechnology

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	924.60M	800.45M	683.16M	570.94M	136.16M
Cost of Revenue	772.69M	662.34M	547.03M	460.40M	101.51M
Gross Profit	151.92M	138.10M	136.12M	110.54M	34.64M
SG&A	124.05M	114.18M	119.40M	95.67M	31.70M
Operating Expenses	117.36M	107.79M	118.37M	92.57M	30.64M
Operating Income	34.56M	30.31M	17.76M	17.96M	4.01M
Interest Income	2.28M	0.88M	1.07M	2.33M	1.04M
Interest Expense	-4.61M	-5.76M	-5.58M	-3.97M	-2.43M
Pretax Income	49.63M	36.74M	21.86M	19.20M	5.47M
Income Tax	2.37M	1.56M	0.40M	—	-0.01M
Net Income	47.06M	38.08M	28.17M	20.33M	4.25M
EBITDA	49.46M	44.58M	31.16M	30.61M	10.55M
EBIT	34.56M	30.31M	17.76M	17.96M	4.01M
EPS (Basic)	0.23	0.18	0.14	0.13	0.42
EPS (Diluted)	0.23	0.18	0.14	0.13	0.42
DPS	0.15	0.12	0.10	—	—
Margins & Efficiency
Gross Margin %	+16.4%	+17.3%	+19.9%	+19.4%	+25.4%
EBITDA Margin %	+5.3%	+5.6%	+4.6%	+5.4%	+7.7%
Net Margin %	+5.1%	+4.8%	+4.1%	+3.6%	+3.1%
Revenue & Income
Revenue	924.60M	800.45M	683.16M	570.94M	136.16M
Revenue Growth (YoY)	+15.5%	+17.2%	+19.7%	+319.3%	-3.5%
Interest & Investment Income	2.28M	0.88M	1.07M	2.33M	1.04M
Earnings From Equity Investments	13.41M	11.70M	6.13M	0.86M	2.13M
Gain (Loss) on Sale of Assets	3.68M	0.88M	3.00M	0.59M	0.43M
Currency Exchange Gain (Loss)	0.31M	-1.27M	-0.52M	1.44M	0.18M
Expenses & Provisions
Advertising Expenses	1.95M	1.67M	1.36M	0.51M	0.08M
Cost of Revenue	772.69M	662.34M	547.03M	460.40M	101.51M
Selling, General & Admin	124.05M	114.18M	119.40M	95.67M	31.70M
Operating Expenses	117.36M	107.79M	118.37M	92.57M	30.64M
Other Operating Expenses	-11.74M	-11.72M	-6.19M	-7.20M	-2.31M
Interest Expense	-4.61M	-5.76M	-5.58M	-3.97M	-2.43M
D&A For EBITDA	14.90M	14.27M	13.41M	12.64M	6.54M
Profitability & Returns
Gross Profit	151.92M	138.10M	136.12M	110.54M	34.64M
Gross Margin	+16.4%	+17.3%	+19.9%	+19.4%	+25.4%
EBIT	34.56M	30.31M	17.76M	17.96M	4.01M
EBIT Margin	+3.7%	+3.8%	+2.6%	+3.1%	+2.9%
EBITDA	49.46M	44.58M	31.16M	30.61M	10.55M
EBITDA Margin	+5.3%	+5.6%	+4.6%	+5.4%	+7.7%
EBT Excluding Unusual Items	45.95M	35.87M	18.86M	18.62M	4.92M
Pretax Income	49.63M	36.74M	21.86M	19.20M	5.47M
Operating Income	34.56M	30.31M	17.76M	17.96M	4.01M
Operating Margin	+3.7%	+3.8%	+2.6%	+3.1%	+2.9%
Profit Margin	+5.1%	+4.8%	+4.1%	+3.6%	+3.1%
Net Income	47.06M	38.08M	28.17M	20.33M	4.25M
Net Income to Common	47.06M	38.08M	28.17M	20.33M	4.25M
Net Income Growth	+23.6%	+35.2%	+38.5%	+378.8%	—
Earnings From Continuing Ops.	47.26M	35.18M	21.46M	19.20M	5.48M
Minority Interest in Earnings	-0.20M	2.89M	6.71M	1.13M	-1.24M
Income Tax Expense	2.37M	1.56M	0.40M	—	-0.01M
Effective Tax Rate	+4.8%	+4.2%	+1.8%	—	—
Per Share & Capital
EPS (Basic)	0.23	0.18	0.14	0.13	0.42
EPS (Diluted)	0.23	0.18	0.14	0.13	0.42
EPS Growth	+23.6%	+35.2%	+2.4%	-68.7%	—
Dividend Per Share	0.15	0.12	0.10	—	—
Shares Change (YoY)	—	—	0.35	14.3	—
Shares Outstanding (Basic)	207.00M	207.00M	207.00M	153.03M	10.00M
Shares Outstanding (Diluted)	207.00M	207.00M	207.00M	153.03M	10.00M
Dividend Growth	+25.0%	+20.0%	—	—	—
Free Cash Flow	100.88M	9.92M	20.68M	13.80M	1.42M
Free Cash Flow Margin	+10.9%	+1.2%	+3.0%	+2.4%	+1.0%
Free Cash Flow Per Share	0.49	0.05	0.10	0.09	0.14
Payout Ratio	+52.8%	+60.8%	+35.5%	—	—
Supplemental
Other Unusual Items	—	—	—	—	124.19K

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	924.60M	800.45M	683.16M	570.94M	136.16M
Cost of Revenue	772.69M	662.34M	547.03M	460.40M	101.51M
Gross Profit	151.92M	138.10M	136.12M	110.54M	34.64M
SG&A	124.05M	114.18M	119.40M	95.67M	31.70M
Operating Expenses	117.36M	107.79M	118.37M	92.57M	30.64M
Operating Income	34.56M	30.31M	17.76M	17.96M	4.01M
Interest Income	2.28M	0.88M	1.07M	2.33M	1.04M
Interest Expense	-4.61M	-5.76M	-5.58M	-3.97M	-2.43M
Pretax Income	49.63M	36.74M	21.86M	19.20M	5.47M
Income Tax	2.37M	1.56M	0.40M	—	-0.01M
Net Income	47.06M	38.08M	28.17M	20.33M	4.25M
EBITDA	49.46M	44.58M	31.16M	30.61M	10.55M
EBIT	34.56M	30.31M	17.76M	17.96M	4.01M
EPS (Basic)	0.23	0.18	0.14	0.13	0.42
EPS (Diluted)	0.23	0.18	0.14	0.13	0.42
DPS	0.15	0.12	0.10	—	—
Margins & Efficiency
Gross Margin %	+16.4%	+17.3%	+19.9%	+19.4%	+25.4%
EBITDA Margin %	+5.3%	+5.6%	+4.6%	+5.4%	+7.7%
Net Margin %	+5.1%	+4.8%	+4.1%	+3.6%	+3.1%
Revenue & Income
Revenue	924.60M	800.45M	683.16M	570.94M	136.16M
Revenue Growth (YoY)	+15.5%	+17.2%	+19.7%	+319.3%	-3.5%
Interest & Investment Income	2.28M	0.88M	1.07M	2.33M	1.04M
Earnings From Equity Investments	13.41M	11.70M	6.13M	0.86M	2.13M
Gain (Loss) on Sale of Assets	3.68M	0.88M	3.00M	0.59M	0.43M
Currency Exchange Gain (Loss)	0.31M	-1.27M	-0.52M	1.44M	0.18M
Expenses & Provisions
Advertising Expenses	1.95M	1.67M	1.36M	0.51M	0.08M
Cost of Revenue	772.69M	662.34M	547.03M	460.40M	101.51M
Selling, General & Admin	124.05M	114.18M	119.40M	95.67M	31.70M
Operating Expenses	117.36M	107.79M	118.37M	92.57M	30.64M
Other Operating Expenses	-11.74M	-11.72M	-6.19M	-7.20M	-2.31M
Interest Expense	-4.61M	-5.76M	-5.58M	-3.97M	-2.43M
D&A For EBITDA	14.90M	14.27M	13.41M	12.64M	6.54M
Profitability & Returns
Gross Profit	151.92M	138.10M	136.12M	110.54M	34.64M
Gross Margin	+16.4%	+17.3%	+19.9%	+19.4%	+25.4%
EBIT	34.56M	30.31M	17.76M	17.96M	4.01M
EBIT Margin	+3.7%	+3.8%	+2.6%	+3.1%	+2.9%
EBITDA	49.46M	44.58M	31.16M	30.61M	10.55M
EBITDA Margin	+5.3%	+5.6%	+4.6%	+5.4%	+7.7%
EBT Excluding Unusual Items	45.95M	35.87M	18.86M	18.62M	4.92M
Pretax Income	49.63M	36.74M	21.86M	19.20M	5.47M
Operating Income	34.56M	30.31M	17.76M	17.96M	4.01M
Operating Margin	+3.7%	+3.8%	+2.6%	+3.1%	+2.9%
Profit Margin	+5.1%	+4.8%	+4.1%	+3.6%	+3.1%
Net Income	47.06M	38.08M	28.17M	20.33M	4.25M
Net Income to Common	47.06M	38.08M	28.17M	20.33M	4.25M
Net Income Growth	+23.6%	+35.2%	+38.5%	+378.8%	—
Earnings From Continuing Ops.	47.26M	35.18M	21.46M	19.20M	5.48M
Minority Interest in Earnings	-0.20M	2.89M	6.71M	1.13M	-1.24M
Income Tax Expense	2.37M	1.56M	0.40M	—	-0.01M
Effective Tax Rate	+4.8%	+4.2%	+1.8%	—	—
Per Share & Capital
EPS (Basic)	0.23	0.18	0.14	0.13	0.42
EPS (Diluted)	0.23	0.18	0.14	0.13	0.42
EPS Growth	+23.6%	+35.2%	+2.4%	-68.7%	—
Dividend Per Share	0.15	0.12	0.10	—	—
Shares Change (YoY)	—	—	0.35	14.3	—
Shares Outstanding (Basic)	207.00M	207.00M	207.00M	153.03M	10.00M
Shares Outstanding (Diluted)	207.00M	207.00M	207.00M	153.03M	10.00M
Dividend Growth	+25.0%	+20.0%	—	—	—
Free Cash Flow	100.88M	9.92M	20.68M	13.80M	1.42M
Free Cash Flow Margin	+10.9%	+1.2%	+3.0%	+2.4%	+1.0%
Free Cash Flow Per Share	0.49	0.05	0.10	0.09	0.14
Payout Ratio	+52.8%	+60.8%	+35.5%	—	—
Supplemental
Other Unusual Items	—	—	—	—	124.19K