Abu Dhabi Ship Building

Abu Dhabi Ship Building Co.

ADSBStocksAbu Dhabi Securities ExchangeIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	250.01M	-94.57M	-148.97M	-167.88M	311.08M
Free Cash Flow	236.81M	-104.70M	-152.32M	-170.88M	302.54M
Capital Expenditures	-13.20M	-10.13M	-3.36M	-3.00M	-8.54M
Investing & Financing
Investing Cash Flow	-13.58M	-11.39M	-2.89M	-1.27M	-9.54M
Financing Cash Flow	-1.73M	-2.37M	-42.26M	-4.94M	-1.48M
Dividends Paid	—	—	-40.28M	—	—
Operating Activities
Operating Cash Flow	250.01M	-94.57M	-148.97M	-167.88M	311.08M
Net Income	39.98M	-9.91M	-0.82M	1.04M	36.85M
Change in Accounts Payable	-164.09M	474.95M	35.39M	125.05M	217.38M
Change in Accounts Receivable	379.35M	-436.18M	-204.05M	-198.83M	195.14M
Change in Inventory	-8.67M	-5.74M	-0.67M	-4.47M	-8.39M
Change in Other Net Operating Assets	-13.20M	-119.78M	19.89M	-102.04M	-128.47M
Change in Working Capital	193.39M	-86.75M	-149.44M	-180.29M	275.66M
Other Operating Activities	7.11M	-6.61M	3.02M	1.27M	6.04M
Provision & Write-off of Bad Debts	1.97M	1.62M	-8.16M	3.74M	-13.91M
Depreciation & Amortization	5.95M	7.08M	6.45M	6.36M	6.26M
Other Amortization	1.60M	—	—	—	0.34M
Cash Interest Paid	1.72M	2.36M	1.95M	2.38M	1.44M
Cash Income Tax Paid	—	8.14M	—	—	—
Investing Activities
Investing Cash Flow	-13.58M	-11.39M	-2.89M	-1.27M	-9.54M
Capital Expenditures	-13.20M	-10.13M	-3.36M	-3.00M	-8.54M
Other Investing Activities	0.54M	0.29M	0.57M	2.18M	0.60M
Sale (Purchase) of Intangibles	-0.92M	-1.55M	-0.10M	-0.45M	-1.75M
Sale of Property, Plant & Equipment	—	—	—	—	0.15M
Loss (Gain) From Sale of Assets	—	—	—	—	-0.15M
Financing Activities
Financing Cash Flow	-1.73M	-2.37M	-42.26M	-4.94M	-1.48M
Common Dividends Paid	—	—	-40.28M	—	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	—
Long-Term Debt Repaid	—	—	—	-2.55M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-0.01M	-0.01M	-0.03M	-2.55M	-0.04M
Net Debt Issued (Repaid)	-0.01M	-0.01M	-0.03M	-2.55M	-0.04M
Other Financing Activities	-1.72M	-2.36M	-1.95M	-2.38M	-1.44M
Free Cash Flow & Returns
Free Cash Flow	236.81M	-104.70M	-152.32M	-170.88M	302.54M
Free Cash Flow Growth	-21.7%	—	—	—	+29.0%
Free Cash Flow Margin	+40.3%	-34.6%	-57.5%	-67.5%	+66.8%
Free Cash Flow Per Share	1.12	-0.49	-0.72	-0.81	1.43
Levered Free Cash Flow	260.15M	-85.70M	-163.21M	-67.65M	263.78M
Unlevered Free Cash Flow	261.10M	-84.22M	-161.99M	-66.16M	264.48M
Operating Cash Flow Growth	-19.6%	—	—	—	+25.7%
Net Cash Flow	234.70M	-108.33M	-194.11M	-174.08M	300.06M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	250.01M	-94.57M	-148.97M	-167.88M	311.08M
Free Cash Flow	236.81M	-104.70M	-152.32M	-170.88M	302.54M
Capital Expenditures	-13.20M	-10.13M	-3.36M	-3.00M	-8.54M
Investing & Financing
Investing Cash Flow	-13.58M	-11.39M	-2.89M	-1.27M	-9.54M
Financing Cash Flow	-1.73M	-2.37M	-42.26M	-4.94M	-1.48M
Dividends Paid	—	—	-40.28M	—	—
Operating Activities
Operating Cash Flow	250.01M	-94.57M	-148.97M	-167.88M	311.08M
Net Income	39.98M	-9.91M	-0.82M	1.04M	36.85M
Change in Accounts Payable	-164.09M	474.95M	35.39M	125.05M	217.38M
Change in Accounts Receivable	379.35M	-436.18M	-204.05M	-198.83M	195.14M
Change in Inventory	-8.67M	-5.74M	-0.67M	-4.47M	-8.39M
Change in Other Net Operating Assets	-13.20M	-119.78M	19.89M	-102.04M	-128.47M
Change in Working Capital	193.39M	-86.75M	-149.44M	-180.29M	275.66M
Other Operating Activities	7.11M	-6.61M	3.02M	1.27M	6.04M
Provision & Write-off of Bad Debts	1.97M	1.62M	-8.16M	3.74M	-13.91M
Depreciation & Amortization	5.95M	7.08M	6.45M	6.36M	6.26M
Other Amortization	1.60M	—	—	—	0.34M
Cash Interest Paid	1.72M	2.36M	1.95M	2.38M	1.44M
Cash Income Tax Paid	—	8.14M	—	—	—
Investing Activities
Investing Cash Flow	-13.58M	-11.39M	-2.89M	-1.27M	-9.54M
Capital Expenditures	-13.20M	-10.13M	-3.36M	-3.00M	-8.54M
Other Investing Activities	0.54M	0.29M	0.57M	2.18M	0.60M
Sale (Purchase) of Intangibles	-0.92M	-1.55M	-0.10M	-0.45M	-1.75M
Sale of Property, Plant & Equipment	—	—	—	—	0.15M
Loss (Gain) From Sale of Assets	—	—	—	—	-0.15M
Financing Activities
Financing Cash Flow	-1.73M	-2.37M	-42.26M	-4.94M	-1.48M
Common Dividends Paid	—	—	-40.28M	—	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	—
Long-Term Debt Repaid	—	—	—	-2.55M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-0.01M	-0.01M	-0.03M	-2.55M	-0.04M
Net Debt Issued (Repaid)	-0.01M	-0.01M	-0.03M	-2.55M	-0.04M
Other Financing Activities	-1.72M	-2.36M	-1.95M	-2.38M	-1.44M
Free Cash Flow & Returns
Free Cash Flow	236.81M	-104.70M	-152.32M	-170.88M	302.54M
Free Cash Flow Growth	-21.7%	—	—	—	+29.0%
Free Cash Flow Margin	+40.3%	-34.6%	-57.5%	-67.5%	+66.8%
Free Cash Flow Per Share	1.12	-0.49	-0.72	-0.81	1.43
Levered Free Cash Flow	260.15M	-85.70M	-163.21M	-67.65M	263.78M
Unlevered Free Cash Flow	261.10M	-84.22M	-161.99M	-66.16M	264.48M
Operating Cash Flow Growth	-19.6%	—	—	—	+25.7%
Net Cash Flow	234.70M	-108.33M	-194.11M	-174.08M	300.06M