Gulf Pharmaceutical Industries

JULPHARStocksAbu Dhabi Securities ExchangeHealthcare

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	120.90M	245.00M	93.60M	19.30M	46.20M
Free Cash Flow	85.20M	201.30M	71.50M	-44.40M	1.80M
Capital Expenditures	-35.70M	-43.70M	-22.10M	-63.70M	-44.40M
Investing & Financing
Investing Cash Flow	679.90M	-118.60M	-24.20M	-7.30M	-39.80M
Financing Cash Flow	-686.80M	-190.30M	78.00M	-26.30M	70.10M
Operating Activities
Operating Cash Flow	120.90M	245.00M	93.60M	19.30M	46.20M
Net Income	172.20M	44.60M	-99.10M	-29.40M	64.40M
Change in Accounts Payable	43.10M	1.90M	-57.00M	-18.20M	-322.40M
Change in Accounts Receivable	-55.60M	-29.70M	10.60M	-68.90M	349.80M
Change in Inventory	-35.40M	-28.20M	-36.10M	-42.90M	-72.30M
Change in Working Capital	-47.90M	-56.00M	-82.50M	-130.00M	-44.90M
Other Operating Activities	-85.00M	117.80M	139.40M	42.80M	-109.70M
Provision & Write-off of Bad Debts	4.70M	9.40M	12.70M	7.00M	2.00M
Depreciation & Amortization	58.00M	135.40M	141.60M	132.00M	104.80M
Cash Interest Paid	—	64.60M	57.90M	34.60M	22.10M
Cash Income Tax Paid	—	3.90M	6.40M	4.60M	—
Loss (Gain) on Equity Investments	—	—	—	—	31.40M
Asset Writedown & Restructuring Costs	0.90M	1.50M	—	—	—
Investing Activities
Investing Cash Flow	679.90M	-118.60M	-24.20M	-7.30M	-39.80M
Capital Expenditures	-35.70M	-43.70M	-22.10M	-63.70M	-44.40M
Cash Acquisitions	—	—	—	—	-126.50M
Divestitures	754.90M	—	—	51.40M	144.80M
Investment in Securities	22.40M	-29.00M	-3.30M	3.10M	-16.10M
Other Investing Activities	-51.40M	-37.60M	6.00M	3.60M	2.40M
Sale (Purchase) of Intangibles	-10.30M	-9.40M	-4.90M	-1.70M	—
Sale of Property, Plant & Equipment	—	1.10M	0.10M	—	—
Loss (Gain) From Sale of Assets	—	—	-100.00K	100.00K	—
Loss (Gain) on Sale of Investments	-1.90M	-0.80M	-1.00M	—	7.90M
Financing Activities
Financing Cash Flow	-686.80M	-190.30M	78.00M	-26.30M	70.10M
Issuance of Common Stock	—	—	—	—	—
Long-Term Debt Issued	—	22.70M	254.90M	85.00M	665.00M
Short-Term Debt Issued	859.30M	—	—	—	—
Total Debt Issued	859.30M	22.70M	254.90M	85.00M	665.00M
Long-Term Debt Repaid	-518.80M	-148.40M	-93.60M	-76.70M	-573.90M
Short-Term Debt Repaid	-1.01B	—	—	—	—
Total Debt Repaid	-1.53B	-0.15B	-0.09B	-0.08B	-0.57B
Net Debt Issued (Repaid)	-666.90M	-125.70M	161.30M	8.30M	91.10M
Other Financing Activities	-19.90M	-64.60M	-83.30M	-34.60M	-21.00M
Free Cash Flow & Returns
Free Cash Flow	85.20M	201.30M	71.50M	-44.40M	1.80M
Free Cash Flow Growth	-57.7%	+181.5%	—	—	—
Free Cash Flow Margin	+7.9%	+15.3%	+5.6%	-2.7%	+0.2%
Free Cash Flow Per Share	0.07	0.17	0.06	-0.04	0.00
Levered Free Cash Flow	578.53M	-286.40M	2.80M	-64.74M	-226.98M
Unlevered Free Cash Flow	596.21M	-247.53M	37.99M	-39.68M	-212.16M
Operating Cash Flow Growth	-50.7%	+161.8%	+385.0%	-58.2%	—
Net Cash Flow	113.10M	-94.50M	124.40M	-56.60M	69.30M
Foreign Exchange Rate Adjustments	-0.90M	-30.60M	-23.00M	-42.30M	-7.20M

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	120.90M	245.00M	93.60M	19.30M	46.20M
Free Cash Flow	85.20M	201.30M	71.50M	-44.40M	1.80M
Capital Expenditures	-35.70M	-43.70M	-22.10M	-63.70M	-44.40M
Investing & Financing
Investing Cash Flow	679.90M	-118.60M	-24.20M	-7.30M	-39.80M
Financing Cash Flow	-686.80M	-190.30M	78.00M	-26.30M	70.10M
Operating Activities
Operating Cash Flow	120.90M	245.00M	93.60M	19.30M	46.20M
Net Income	172.20M	44.60M	-99.10M	-29.40M	64.40M
Change in Accounts Payable	43.10M	1.90M	-57.00M	-18.20M	-322.40M
Change in Accounts Receivable	-55.60M	-29.70M	10.60M	-68.90M	349.80M
Change in Inventory	-35.40M	-28.20M	-36.10M	-42.90M	-72.30M
Change in Working Capital	-47.90M	-56.00M	-82.50M	-130.00M	-44.90M
Other Operating Activities	-85.00M	117.80M	139.40M	42.80M	-109.70M
Provision & Write-off of Bad Debts	4.70M	9.40M	12.70M	7.00M	2.00M
Depreciation & Amortization	58.00M	135.40M	141.60M	132.00M	104.80M
Cash Interest Paid	—	64.60M	57.90M	34.60M	22.10M
Cash Income Tax Paid	—	3.90M	6.40M	4.60M	—
Loss (Gain) on Equity Investments	—	—	—	—	31.40M
Asset Writedown & Restructuring Costs	0.90M	1.50M	—	—	—
Investing Activities
Investing Cash Flow	679.90M	-118.60M	-24.20M	-7.30M	-39.80M
Capital Expenditures	-35.70M	-43.70M	-22.10M	-63.70M	-44.40M
Cash Acquisitions	—	—	—	—	-126.50M
Divestitures	754.90M	—	—	51.40M	144.80M
Investment in Securities	22.40M	-29.00M	-3.30M	3.10M	-16.10M
Other Investing Activities	-51.40M	-37.60M	6.00M	3.60M	2.40M
Sale (Purchase) of Intangibles	-10.30M	-9.40M	-4.90M	-1.70M	—
Sale of Property, Plant & Equipment	—	1.10M	0.10M	—	—
Loss (Gain) From Sale of Assets	—	—	-100.00K	100.00K	—
Loss (Gain) on Sale of Investments	-1.90M	-0.80M	-1.00M	—	7.90M
Financing Activities
Financing Cash Flow	-686.80M	-190.30M	78.00M	-26.30M	70.10M
Issuance of Common Stock	—	—	—	—	—
Long-Term Debt Issued	—	22.70M	254.90M	85.00M	665.00M
Short-Term Debt Issued	859.30M	—	—	—	—
Total Debt Issued	859.30M	22.70M	254.90M	85.00M	665.00M
Long-Term Debt Repaid	-518.80M	-148.40M	-93.60M	-76.70M	-573.90M
Short-Term Debt Repaid	-1.01B	—	—	—	—
Total Debt Repaid	-1.53B	-0.15B	-0.09B	-0.08B	-0.57B
Net Debt Issued (Repaid)	-666.90M	-125.70M	161.30M	8.30M	91.10M
Other Financing Activities	-19.90M	-64.60M	-83.30M	-34.60M	-21.00M
Free Cash Flow & Returns
Free Cash Flow	85.20M	201.30M	71.50M	-44.40M	1.80M
Free Cash Flow Growth	-57.7%	+181.5%	—	—	—
Free Cash Flow Margin	+7.9%	+15.3%	+5.6%	-2.7%	+0.2%
Free Cash Flow Per Share	0.07	0.17	0.06	-0.04	0.00
Levered Free Cash Flow	578.53M	-286.40M	2.80M	-64.74M	-226.98M
Unlevered Free Cash Flow	596.21M	-247.53M	37.99M	-39.68M	-212.16M
Operating Cash Flow Growth	-50.7%	+161.8%	+385.0%	-58.2%	—
Net Cash Flow	113.10M	-94.50M	124.40M	-56.60M	69.30M
Foreign Exchange Rate Adjustments	-0.90M	-30.60M	-23.00M	-42.30M	-7.20M