GHITHA HOLDING

GHITHA HOLDING P.J.S.C.

GHITHAStocksAbu Dhabi Securities ExchangeIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	425.87M	370.29M	698.43M	162.74M	49.40M
Free Cash Flow	167.60M	214.14M	232.41M	55.24M	37.46M
Capital Expenditures	-258.28M	-156.15M	-466.02M	-107.50M	-11.94M
Investing & Financing
Investing Cash Flow	-535.66M	-538.00M	-568.14M	-432.27M	-29.05M
Financing Cash Flow	174.05M	-173.04M	190.02M	561.82M	-9.83M
Operating Activities
Operating Cash Flow	425.87M	370.29M	698.43M	162.74M	49.40M
Net Income	0.04B	2.56B	0.03B	0.28B	0.06B
Change in Accounts Payable	-10.63M	50.31M	279.73M	-207.94M	22.75M
Change in Accounts Receivable	-117.08M	-38.31M	151.53M	873.48M	-23.56M
Change in Inventory	-65.38M	-152.83M	-77.32M	-9.39M	0.70M
Change in Other Net Operating Assets	113.37M	58.75M	-71.55M	-753.29M	10.62M
Change in Working Capital	-79.73M	-82.08M	282.39M	-97.14M	10.50M
Other Operating Activities	278.28M	352.08M	147.33M	68.65M	4.58M
Provision & Write-off of Bad Debts	18.98M	16.91M	1.68M	21.44M	0.92M
Depreciation & Amortization	276.98M	227.78M	180.15M	80.92M	7.79M
Stock-Based Compensation	—	—	—	—	—
Cash Interest Paid	58.08M	65.64M	65.31M	7.55M	1.15M
Cash Income Tax Paid	22.10M	—	—	—	—
Loss (Gain) on Equity Investments	-49.32M	-49.07M	-38.69M	21.52M	—
Asset Writedown & Restructuring Costs	-32.62M	-15.25M	5.08M	-20.01M	—
Investing Activities
Investing Cash Flow	-535.66M	-538.00M	-568.14M	-432.27M	-29.05M
Capital Expenditures	-258.28M	-156.15M	-466.02M	-107.50M	-11.94M
Cash Acquisitions	-484.08M	-25.87M	54.29M	-452.14M	35.81M
Divestitures	86.69M	-468.28M	—	6.33M	—
Investment in Securities	112.00M	100.19M	-235.73M	126.88M	-53.12M
Other Investing Activities	7.37M	10.04M	39.30M	-5.91M	—
Sale (Purchase) of Intangibles	-3.51M	-1.11M	-2.90M	-0.40M	-0.00M
Sale of Property, Plant & Equipment	4.14M	3.17M	42.92M	0.47M	0.20M
Loss (Gain) From Sale of Assets	-0.00B	-2.66B	-0.02B	0.00B	-0.00B
Loss (Gain) on Sale of Investments	0.67M	23.42M	126.56M	-194.38M	-31.92M
Financing Activities
Financing Cash Flow	174.05M	-173.04M	190.02M	561.82M	-9.83M
Long-Term Debt Issued	306.49M	—	199.29M	702.58M	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	306.49M	—	199.29M	702.58M	—
Long-Term Debt Repaid	-27.13M	-101.76M	-32.13M	-140.76M	-9.83M
Net Debt Issued (Repaid)	279.36M	-101.76M	167.16M	561.82M	-9.83M
Other Financing Activities	-105.31M	-71.27M	22.86M	—	—
Free Cash Flow & Returns
Free Cash Flow	167.60M	214.14M	232.41M	55.24M	37.46M
Free Cash Flow Growth	-21.7%	-7.9%	+320.7%	+47.5%	+99.1%
Free Cash Flow Margin	+3.0%	+4.4%	+5.1%	+2.4%	+6.9%
Free Cash Flow Per Share	0.69	0.89	0.96	0.28	0.38
Levered Free Cash Flow	-21.06M	400.53M	41.70M	-923.02M	45.05M
Unlevered Free Cash Flow	32.58M	447.18M	83.61M	-916.04M	46.11M
Operating Cash Flow Growth	+15.0%	-47.0%	+329.2%	+229.5%	+96.3%
Net Cash Flow	65.03M	-345.03M	318.55M	281.90M	10.52M
Foreign Exchange Rate Adjustments	0.77M	-4.28M	-1.76M	-10.40M	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	425.87M	370.29M	698.43M	162.74M	49.40M
Free Cash Flow	167.60M	214.14M	232.41M	55.24M	37.46M
Capital Expenditures	-258.28M	-156.15M	-466.02M	-107.50M	-11.94M
Investing & Financing
Investing Cash Flow	-535.66M	-538.00M	-568.14M	-432.27M	-29.05M
Financing Cash Flow	174.05M	-173.04M	190.02M	561.82M	-9.83M
Operating Activities
Operating Cash Flow	425.87M	370.29M	698.43M	162.74M	49.40M
Net Income	0.04B	2.56B	0.03B	0.28B	0.06B
Change in Accounts Payable	-10.63M	50.31M	279.73M	-207.94M	22.75M
Change in Accounts Receivable	-117.08M	-38.31M	151.53M	873.48M	-23.56M
Change in Inventory	-65.38M	-152.83M	-77.32M	-9.39M	0.70M
Change in Other Net Operating Assets	113.37M	58.75M	-71.55M	-753.29M	10.62M
Change in Working Capital	-79.73M	-82.08M	282.39M	-97.14M	10.50M
Other Operating Activities	278.28M	352.08M	147.33M	68.65M	4.58M
Provision & Write-off of Bad Debts	18.98M	16.91M	1.68M	21.44M	0.92M
Depreciation & Amortization	276.98M	227.78M	180.15M	80.92M	7.79M
Stock-Based Compensation	—	—	—	—	—
Cash Interest Paid	58.08M	65.64M	65.31M	7.55M	1.15M
Cash Income Tax Paid	22.10M	—	—	—	—
Loss (Gain) on Equity Investments	-49.32M	-49.07M	-38.69M	21.52M	—
Asset Writedown & Restructuring Costs	-32.62M	-15.25M	5.08M	-20.01M	—
Investing Activities
Investing Cash Flow	-535.66M	-538.00M	-568.14M	-432.27M	-29.05M
Capital Expenditures	-258.28M	-156.15M	-466.02M	-107.50M	-11.94M
Cash Acquisitions	-484.08M	-25.87M	54.29M	-452.14M	35.81M
Divestitures	86.69M	-468.28M	—	6.33M	—
Investment in Securities	112.00M	100.19M	-235.73M	126.88M	-53.12M
Other Investing Activities	7.37M	10.04M	39.30M	-5.91M	—
Sale (Purchase) of Intangibles	-3.51M	-1.11M	-2.90M	-0.40M	-0.00M
Sale of Property, Plant & Equipment	4.14M	3.17M	42.92M	0.47M	0.20M
Loss (Gain) From Sale of Assets	-0.00B	-2.66B	-0.02B	0.00B	-0.00B
Loss (Gain) on Sale of Investments	0.67M	23.42M	126.56M	-194.38M	-31.92M
Financing Activities
Financing Cash Flow	174.05M	-173.04M	190.02M	561.82M	-9.83M
Long-Term Debt Issued	306.49M	—	199.29M	702.58M	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	306.49M	—	199.29M	702.58M	—
Long-Term Debt Repaid	-27.13M	-101.76M	-32.13M	-140.76M	-9.83M
Net Debt Issued (Repaid)	279.36M	-101.76M	167.16M	561.82M	-9.83M
Other Financing Activities	-105.31M	-71.27M	22.86M	—	—
Free Cash Flow & Returns
Free Cash Flow	167.60M	214.14M	232.41M	55.24M	37.46M
Free Cash Flow Growth	-21.7%	-7.9%	+320.7%	+47.5%	+99.1%
Free Cash Flow Margin	+3.0%	+4.4%	+5.1%	+2.4%	+6.9%
Free Cash Flow Per Share	0.69	0.89	0.96	0.28	0.38
Levered Free Cash Flow	-21.06M	400.53M	41.70M	-923.02M	45.05M
Unlevered Free Cash Flow	32.58M	447.18M	83.61M	-916.04M	46.11M
Operating Cash Flow Growth	+15.0%	-47.0%	+329.2%	+229.5%	+96.3%
Net Cash Flow	65.03M	-345.03M	318.55M	281.90M	10.52M
Foreign Exchange Rate Adjustments	0.77M	-4.28M	-1.76M	-10.40M	—