Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (QAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	459.02M	552.31M	272.91M	427.62M	678.50M
Cost of Revenue	339.05M	315.08M	173.89M	305.92M	503.61M
Gross Profit	119.98M	237.23M	99.02M	121.70M	174.89M
SG&A	114.28M	125.44M	67.03M	106.56M	99.04M
Operating Expenses	35.55M	212.58M	-13.91M	28.40M	82.48M
Operating Income	84.43M	24.65M	112.93M	93.30M	92.42M
Interest Income	14.20M	13.24M	7.94M	17.02M	13.45M
Interest Expense	-51.33M	-57.82M	-61.77M	-64.45M	-63.37M
Pretax Income	71.26M	180.73M	85.26M	70.30M	68.07M
Income Tax	0.21M	-1.29M	0.66M	0.92M	0.22M
Net Income	73.14M	187.01M	97.23M	74.69M	72.37M
EBITDA	105.03M	44.71M	114.17M	124.66M	119.58M
EBIT	84.43M	24.65M	112.93M	93.30M	92.42M
EPS (Basic)	0.02	0.05	0.03	0.02	0.02
EPS (Diluted)	0.02	0.05	0.03	0.02	0.02
Margins & Efficiency
Gross Margin %	+26.1%	+43.0%	+36.3%	+28.5%	+25.8%
EBITDA Margin %	+22.9%	+8.1%	+41.8%	+29.2%	+17.6%
Net Margin %	+15.9%	+33.9%	+35.6%	+17.5%	+10.7%
Revenue & Income
Revenue	459.02M	552.31M	272.91M	427.62M	678.50M
Revenue Growth (YoY)	-32.3%	—	-53.8%	—	+44.1%
Interest & Investment Income	14.20M	13.24M	7.94M	17.02M	13.45M
Earnings From Equity Investments	24.56M	17.08M	24.57M	23.95M	23.28M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	-0.60M	-2.00M	1.59M	0.47M	2.29M
Expenses & Provisions
Cost of Revenue	339.05M	315.08M	173.89M	305.92M	503.61M
Selling, General & Admin	114.28M	125.44M	67.03M	106.56M	99.04M
Operating Expenses	35.55M	212.58M	-13.91M	28.40M	82.48M
Other Operating Expenses	-82.26M	65.27M	-81.47M	-78.46M	-16.56M
Interest Expense	-51.33M	-57.82M	-61.77M	-64.45M	-63.37M
Legal Settlements	—	-295.00M	—	—	—
Asset Writedown	—	480.59M	—	—	—
D&A For EBITDA	20.60M	20.06M	1.24M	31.36M	27.16M
Profitability & Returns
Gross Profit	119.98M	237.23M	99.02M	121.70M	174.89M
Gross Margin	+26.1%	+43.0%	+36.3%	+28.5%	+25.8%
EBIT	84.43M	24.65M	112.93M	93.30M	92.42M
EBIT Margin	+18.4%	+4.5%	+41.4%	+21.8%	+13.6%
EBITDA	105.03M	44.71M	114.17M	124.66M	119.58M
EBITDA Margin	+22.9%	+8.1%	+41.8%	+29.2%	+17.6%
EBT Excluding Unusual Items	71.85M	-2.86M	83.67M	69.83M	65.77M
Pretax Income	71.26M	180.73M	85.26M	70.30M	68.07M
Operating Income	84.43M	24.65M	112.93M	93.30M	92.42M
Operating Margin	+18.4%	+4.5%	+41.4%	+21.8%	+13.6%
Profit Margin	+15.9%	+33.9%	+35.6%	+17.5%	+10.7%
Net Income	73.14M	187.01M	97.23M	74.69M	72.37M
Net Income to Common	73.14M	187.01M	97.23M	74.69M	72.37M
Net Income to Company	71.05M	182.02M	84.61M	69.37M	67.84M
Net Income Growth	+1.1%	—	+0.8%	—	-0.2%
Earnings From Continuing Ops.	71.05M	182.02M	84.61M	69.37M	67.84M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	2.08M	4.99M	12.62M	5.32M	4.53M
Income Tax Expense	0.21M	-1.29M	0.66M	0.92M	0.22M
Effective Tax Rate	+0.3%	—	+0.8%	+1.3%	+0.3%
Per Share & Capital
EPS (Basic)	0.02	0.05	0.03	0.02	0.02
EPS (Diluted)	0.02	0.05	0.03	0.02	0.02
EPS Growth	+1.1%	—	+0.8%	—	-0.2%
Dividend Per Share	—	0.06	—	—	—
Shares Outstanding (Basic)	3.54B	3.54B	3.54B	3.54B	3.54B
Shares Outstanding (Diluted)	3.54B	3.54B	3.54B	3.54B	3.54B
Dividend Growth	—	—	—	—	—
Free Cash Flow	-204.30M	-8.53M	13.86M	-68.54M	5.87M
Free Cash Flow Margin	-44.5%	-1.5%	+5.1%	-16.0%	+0.9%
Free Cash Flow Per Share	-0.06	-0.00	0.00	-0.02	0.00
Payout Ratio	+266.3%	+0.7%	—	—	+269.1%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (QAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	459.02M	552.31M	272.91M	427.62M	678.50M
Cost of Revenue	339.05M	315.08M	173.89M	305.92M	503.61M
Gross Profit	119.98M	237.23M	99.02M	121.70M	174.89M
SG&A	114.28M	125.44M	67.03M	106.56M	99.04M
Operating Expenses	35.55M	212.58M	-13.91M	28.40M	82.48M
Operating Income	84.43M	24.65M	112.93M	93.30M	92.42M
Interest Income	14.20M	13.24M	7.94M	17.02M	13.45M
Interest Expense	-51.33M	-57.82M	-61.77M	-64.45M	-63.37M
Pretax Income	71.26M	180.73M	85.26M	70.30M	68.07M
Income Tax	0.21M	-1.29M	0.66M	0.92M	0.22M
Net Income	73.14M	187.01M	97.23M	74.69M	72.37M
EBITDA	105.03M	44.71M	114.17M	124.66M	119.58M
EBIT	84.43M	24.65M	112.93M	93.30M	92.42M
EPS (Basic)	0.02	0.05	0.03	0.02	0.02
EPS (Diluted)	0.02	0.05	0.03	0.02	0.02
Margins & Efficiency
Gross Margin %	+26.1%	+43.0%	+36.3%	+28.5%	+25.8%
EBITDA Margin %	+22.9%	+8.1%	+41.8%	+29.2%	+17.6%
Net Margin %	+15.9%	+33.9%	+35.6%	+17.5%	+10.7%
Revenue & Income
Revenue	459.02M	552.31M	272.91M	427.62M	678.50M
Revenue Growth (YoY)	-32.3%	—	-53.8%	—	+44.1%
Interest & Investment Income	14.20M	13.24M	7.94M	17.02M	13.45M
Earnings From Equity Investments	24.56M	17.08M	24.57M	23.95M	23.28M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	-0.60M	-2.00M	1.59M	0.47M	2.29M
Expenses & Provisions
Cost of Revenue	339.05M	315.08M	173.89M	305.92M	503.61M
Selling, General & Admin	114.28M	125.44M	67.03M	106.56M	99.04M
Operating Expenses	35.55M	212.58M	-13.91M	28.40M	82.48M
Other Operating Expenses	-82.26M	65.27M	-81.47M	-78.46M	-16.56M
Interest Expense	-51.33M	-57.82M	-61.77M	-64.45M	-63.37M
Legal Settlements	—	-295.00M	—	—	—
Asset Writedown	—	480.59M	—	—	—
D&A For EBITDA	20.60M	20.06M	1.24M	31.36M	27.16M
Profitability & Returns
Gross Profit	119.98M	237.23M	99.02M	121.70M	174.89M
Gross Margin	+26.1%	+43.0%	+36.3%	+28.5%	+25.8%
EBIT	84.43M	24.65M	112.93M	93.30M	92.42M
EBIT Margin	+18.4%	+4.5%	+41.4%	+21.8%	+13.6%
EBITDA	105.03M	44.71M	114.17M	124.66M	119.58M
EBITDA Margin	+22.9%	+8.1%	+41.8%	+29.2%	+17.6%
EBT Excluding Unusual Items	71.85M	-2.86M	83.67M	69.83M	65.77M
Pretax Income	71.26M	180.73M	85.26M	70.30M	68.07M
Operating Income	84.43M	24.65M	112.93M	93.30M	92.42M
Operating Margin	+18.4%	+4.5%	+41.4%	+21.8%	+13.6%
Profit Margin	+15.9%	+33.9%	+35.6%	+17.5%	+10.7%
Net Income	73.14M	187.01M	97.23M	74.69M	72.37M
Net Income to Common	73.14M	187.01M	97.23M	74.69M	72.37M
Net Income to Company	71.05M	182.02M	84.61M	69.37M	67.84M
Net Income Growth	+1.1%	—	+0.8%	—	-0.2%
Earnings From Continuing Ops.	71.05M	182.02M	84.61M	69.37M	67.84M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	2.08M	4.99M	12.62M	5.32M	4.53M
Income Tax Expense	0.21M	-1.29M	0.66M	0.92M	0.22M
Effective Tax Rate	+0.3%	—	+0.8%	+1.3%	+0.3%
Per Share & Capital
EPS (Basic)	0.02	0.05	0.03	0.02	0.02
EPS (Diluted)	0.02	0.05	0.03	0.02	0.02
EPS Growth	+1.1%	—	+0.8%	—	-0.2%
Dividend Per Share	—	0.06	—	—	—
Shares Outstanding (Basic)	3.54B	3.54B	3.54B	3.54B	3.54B
Shares Outstanding (Diluted)	3.54B	3.54B	3.54B	3.54B	3.54B
Dividend Growth	—	—	—	—	—
Free Cash Flow	-204.30M	-8.53M	13.86M	-68.54M	5.87M
Free Cash Flow Margin	-44.5%	-1.5%	+5.1%	-16.0%	+0.9%
Free Cash Flow Per Share	-0.06	-0.00	0.00	-0.02	0.00
Payout Ratio	+266.3%	+0.7%	—	—	+269.1%

Financials

Quarterly (QAR)

United Dev. Company

Quarterly (QAR)