Mazaya

Mazaya Real Estate Development Company

MRDSStocksQatar Stock ExchangeReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	149.55M	139.49M	123.42M	121.98M	103.73M
Interest Income	3.58M	6.91M	11.12M	0.05M	0.30M
Interest Expense	-76.71M	-76.99M	-57.80M	-42.31M	-44.64M
Pretax Income	54.56M	-69.99M	30.13M	41.42M	-248.40M
Income Tax	500.00K	—	447.13K	413.67K	353.35K
Net Income	54.06M	-69.99M	29.69M	41.01M	-248.75M
Rental Revenue	149.33M	139.20M	122.34M	121.87M	32.74M
Property Expenses	17.84M	19.37M	9.71M	11.46M	12.87M
Operating Income	110.66M	91.78M	82.60M	84.10M	63.74M
EPS (Basic)	0.05	-0.07	0.03	0.04	-0.21
EPS (Diluted)	0.05	-0.07	0.03	0.04	-0.21
DPS	—	—	0.03	—	—
Margins & Efficiency
Net Margin %	+36.1%	-50.2%	+24.1%	+33.6%	-239.8%
Revenue & Income
Revenue Growth (YoY)	+7.2%	+13.0%	+1.2%	+17.6%	+3.8%
Revenue RE	149.55M	139.49M	123.42M	121.98M	103.73M
Rental Revenue	149.33M	139.20M	122.34M	121.87M	32.74M
Other Revenue RE	0.22M	0.28M	1.08M	0.11M	-0.35M
Gain Assets RE	—	1.69M	0.23M	—	—
Gain Investments RE	-1.50M	-7.50M	-1.50M	-1.50M	-1.50M
Expenses & Provisions
SG&A RE	28.93M	29.88M	32.70M	26.43M	25.42M
Total Operating Expenses RE	38.89M	47.71M	40.82M	37.88M	39.99M
Interest Expense RE	-76.71M	-76.99M	-57.80M	-42.31M	-44.64M
Other Non Oper Exp Suppl RE	—	—	—	1.09M	0.41M
Property Expenses	17.84M	19.37M	9.71M	11.46M	12.87M
Legal Settlements RE	18.52M	-85.87M	-21.64M	—	—
Asset Writedown	—	—	17.11M	—	-266.70M
D&A For EBITDA	456.62K	387.10K	371.09K	508.52K	406.92K
Dep Amor RE	—	—	—	—	1.71M
Profitability & Returns
EBIT	110.66M	91.78M	82.60M	84.10M	63.74M
EBIT Margin	+74.0%	+65.8%	+66.9%	+68.9%	+61.4%
EBITDA	111.12M	92.17M	82.97M	84.61M	64.15M
EBITDA Margin	+74.3%	+66.1%	+67.2%	+69.4%	+61.8%
EBT Excl RE	37.53M	21.69M	35.93M	42.92M	19.81M
Pretax Income	54.56M	-69.99M	30.13M	41.42M	-248.40M
Operating Income RE	110.66M	91.78M	82.60M	84.10M	63.74M
Operating Margin	+74.0%	+65.8%	+66.9%	+68.9%	+61.4%
Profit Margin	+36.1%	-50.2%	+24.1%	+33.6%	-239.8%
Net Income	54.06M	-69.99M	29.69M	41.01M	-248.75M
Net Income to Common	54.06M	-69.99M	29.69M	41.01M	-248.75M
Net Income Growth	—	—	-27.6%	—	—
Income Tax Expense	500.00K	—	447.13K	413.67K	353.35K
Effective Tax Rate	+0.9%	—	+1.5%	+1.0%	—
Net Interest Expense RE	-73.13M	-70.09M	-46.67M	-42.27M	-44.35M
Per Share & Capital
EPS (Basic)	0.05	-0.07	0.03	0.04	-0.21
EPS (Diluted)	0.05	-0.07	0.03	0.04	-0.21
EPS Growth	—	—	-26.8%	—	—
Dividend Per Share	—	—	0.03	—	—
Shares Change (YoY)	—	-0.13	-0.01	—	0.01
Shares Outstanding (Basic)	1.00B	1.00B	1.15B	1.16B	1.16B
Shares Outstanding (Diluted)	1.00B	1.00B	1.15B	1.16B	1.16B
Payout Ratio	—	—	—	+2.6%	—
Supplemental
Int Inc RE	3.58M	6.91M	11.12M	0.05M	0.30M
Other Operating Expenses RE	-7.87M	-1.55M	-1.59M	—	—
Property Management Fees	—	—	—	—	822.99K

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	149.55M	139.49M	123.42M	121.98M	103.73M
Interest Income	3.58M	6.91M	11.12M	0.05M	0.30M
Interest Expense	-76.71M	-76.99M	-57.80M	-42.31M	-44.64M
Pretax Income	54.56M	-69.99M	30.13M	41.42M	-248.40M
Income Tax	500.00K	—	447.13K	413.67K	353.35K
Net Income	54.06M	-69.99M	29.69M	41.01M	-248.75M
Rental Revenue	149.33M	139.20M	122.34M	121.87M	32.74M
Property Expenses	17.84M	19.37M	9.71M	11.46M	12.87M
Operating Income	110.66M	91.78M	82.60M	84.10M	63.74M
EPS (Basic)	0.05	-0.07	0.03	0.04	-0.21
EPS (Diluted)	0.05	-0.07	0.03	0.04	-0.21
DPS	—	—	0.03	—	—
Margins & Efficiency
Net Margin %	+36.1%	-50.2%	+24.1%	+33.6%	-239.8%
Revenue & Income
Revenue Growth (YoY)	+7.2%	+13.0%	+1.2%	+17.6%	+3.8%
Revenue RE	149.55M	139.49M	123.42M	121.98M	103.73M
Rental Revenue	149.33M	139.20M	122.34M	121.87M	32.74M
Other Revenue RE	0.22M	0.28M	1.08M	0.11M	-0.35M
Gain Assets RE	—	1.69M	0.23M	—	—
Gain Investments RE	-1.50M	-7.50M	-1.50M	-1.50M	-1.50M
Expenses & Provisions
SG&A RE	28.93M	29.88M	32.70M	26.43M	25.42M
Total Operating Expenses RE	38.89M	47.71M	40.82M	37.88M	39.99M
Interest Expense RE	-76.71M	-76.99M	-57.80M	-42.31M	-44.64M
Other Non Oper Exp Suppl RE	—	—	—	1.09M	0.41M
Property Expenses	17.84M	19.37M	9.71M	11.46M	12.87M
Legal Settlements RE	18.52M	-85.87M	-21.64M	—	—
Asset Writedown	—	—	17.11M	—	-266.70M
D&A For EBITDA	456.62K	387.10K	371.09K	508.52K	406.92K
Dep Amor RE	—	—	—	—	1.71M
Profitability & Returns
EBIT	110.66M	91.78M	82.60M	84.10M	63.74M
EBIT Margin	+74.0%	+65.8%	+66.9%	+68.9%	+61.4%
EBITDA	111.12M	92.17M	82.97M	84.61M	64.15M
EBITDA Margin	+74.3%	+66.1%	+67.2%	+69.4%	+61.8%
EBT Excl RE	37.53M	21.69M	35.93M	42.92M	19.81M
Pretax Income	54.56M	-69.99M	30.13M	41.42M	-248.40M
Operating Income RE	110.66M	91.78M	82.60M	84.10M	63.74M
Operating Margin	+74.0%	+65.8%	+66.9%	+68.9%	+61.4%
Profit Margin	+36.1%	-50.2%	+24.1%	+33.6%	-239.8%
Net Income	54.06M	-69.99M	29.69M	41.01M	-248.75M
Net Income to Common	54.06M	-69.99M	29.69M	41.01M	-248.75M
Net Income Growth	—	—	-27.6%	—	—
Income Tax Expense	500.00K	—	447.13K	413.67K	353.35K
Effective Tax Rate	+0.9%	—	+1.5%	+1.0%	—
Net Interest Expense RE	-73.13M	-70.09M	-46.67M	-42.27M	-44.35M
Per Share & Capital
EPS (Basic)	0.05	-0.07	0.03	0.04	-0.21
EPS (Diluted)	0.05	-0.07	0.03	0.04	-0.21
EPS Growth	—	—	-26.8%	—	—
Dividend Per Share	—	—	0.03	—	—
Shares Change (YoY)	—	-0.13	-0.01	—	0.01
Shares Outstanding (Basic)	1.00B	1.00B	1.15B	1.16B	1.16B
Shares Outstanding (Diluted)	1.00B	1.00B	1.15B	1.16B	1.16B
Payout Ratio	—	—	—	+2.6%	—
Supplemental
Int Inc RE	3.58M	6.91M	11.12M	0.05M	0.30M
Other Operating Expenses RE	-7.87M	-1.55M	-1.59M	—	—
Property Management Fees	—	—	—	—	822.99K