Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	3.54M	—	48.07M	4.12M	73.34M
Receivables	0.58M	—	0.42M	1.18M	1.76M
PP&E	48.82M	—	114.46M	164.21M	165.70M
Total Assets	325.83M	—	303.52M	306.47M	298.84M
Liabilities
Long-Term Debt	23.79M	—	8.52M	—	—
Total Liabilities	40.21M	—	24.56M	26.14M	17.87M
Equity & Ownership
Total Equity	285.62M	278.96M	278.96M	280.33M	280.97M
Shares Outstanding	105,000,000	105,112,779	105,000,000	105,000,000	105,000,000
Cash & Assets
Total Assets	325.83M	—	303.52M	306.47M	298.84M
Cash & Equivalents	3.54M	—	48.07M	4.12M	73.34M
Net Cash (Debt)	-5.77M	58.81M	58.81M	11.44M	89.96M
Net Cash Per Share	-0.06	0.56	0.56	0.11	0.86
Net Cash Growth	—	+26.2%	+56.0%	-68.3%	+150.0%
Accounts Receivable	0.58M	—	0.42M	1.18M	1.76M
Other Receivables	1.76M	—	1.91M	1.88M	7.25M
Restricted Cash	672.00K	—	—	—	—
Construction In Progress	—	—	—	—	1.65M
Land	12.36M	—	—	—	11.20M
Buildings	21.83M	—	—	—	140.30M
Property, Plant & Equipment	48.82M	—	114.46M	164.21M	165.70M
Other Intangible Assets	122.00K	—	143.00K	152.00K	161.00K
Other Current Assets RE	151.84M	—	107.15M	106.69M	1.00M
Other Long Term Assets RE	92.59M	—	0.25M	—	—
Long-Term Leases	7.30M	—	8.40M	8.91M	9.41M
Current Portion of Leases	2.11M	—	1.99M	1.96M	1.97M
Loans & Investments
Long Term Investments RE	—	—	—	—	21.04M
Trading Asset Securities	25.35M	—	31.13M	28.26M	28.00M
Liabilities & Obligations
Total Liabilities & Equity	325.83M	—	303.52M	306.47M	298.84M
Accounts Payable RE	0.28M	—	0.49M	0.03M	1.17M
Accrued Expenses RE	2.39M	—	—	—	1.07M
Current Income Taxes Payable	0.08M	—	1.06M	0.93M	1.06M
Current Unearned Revenue	0.71M	—	1.15M	1.57M	1.34M
Other Current Liabilities RE	0.63M	—	0.64M	1.79M	0.86M
Long Term Deferred Tax Liabilities RE	597.00K	—	134.00K	134.00K	134.00K
Debt & Funding
Total Debt	34.67M	20.39M	20.39M	20.93M	11.37M
Current Port Long Term Debt RE	—	—	1.48M	—	—
Long Term Debt RE	23.79M	—	8.52M	—	—
Equity & Book Value
Shareholders' Equity	285.62M	278.96M	278.96M	280.33M	280.97M
Common Stock	105.00M	—	105.00M	105.00M	105.00M
Retained Earnings	180.27M	—	173.62M	174.98M	175.63M
Other Equity RE	0.35M	—	0.35M	0.35M	0.35M
Book Value Per Share	2.72	2.66	2.66	2.67	2.68
Tangible Book Value	285.50M	278.82M	278.82M	280.18M	280.81M
Tangible Book Value Per Share	2.72	2.66	2.66	2.67	2.67
Filing Date Shares Outstanding	105.00M	105.11M	105.00M	105.00M	105.00M
Total Common Shares Outstanding	105.00M	105.11M	105.00M	105.00M	105.00M
Supplemental
Total Liabilities RE	40.21M	—	24.56M	26.14M	17.87M

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
Assets
Cash & Equivalents	3.54M	—	48.07M	4.12M	73.34M
Receivables	0.58M	—	0.42M	1.18M	1.76M
PP&E	48.82M	—	114.46M	164.21M	165.70M
Total Assets	325.83M	—	303.52M	306.47M	298.84M
Liabilities
Long-Term Debt	23.79M	—	8.52M	—	—
Total Liabilities	40.21M	—	24.56M	26.14M	17.87M
Equity & Ownership
Total Equity	285.62M	278.96M	278.96M	280.33M	280.97M
Shares Outstanding	105,000,000	105,112,779	105,000,000	105,000,000	105,000,000
Cash & Assets
Total Assets	325.83M	—	303.52M	306.47M	298.84M
Cash & Equivalents	3.54M	—	48.07M	4.12M	73.34M
Net Cash (Debt)	-5.77M	58.81M	58.81M	11.44M	89.96M
Net Cash Per Share	-0.06	0.56	0.56	0.11	0.86
Net Cash Growth	—	+26.2%	+56.0%	-68.3%	+150.0%
Accounts Receivable	0.58M	—	0.42M	1.18M	1.76M
Other Receivables	1.76M	—	1.91M	1.88M	7.25M
Restricted Cash	672.00K	—	—	—	—
Construction In Progress	—	—	—	—	1.65M
Land	12.36M	—	—	—	11.20M
Buildings	21.83M	—	—	—	140.30M
Property, Plant & Equipment	48.82M	—	114.46M	164.21M	165.70M
Other Intangible Assets	122.00K	—	143.00K	152.00K	161.00K
Other Current Assets RE	151.84M	—	107.15M	106.69M	1.00M
Other Long Term Assets RE	92.59M	—	0.25M	—	—
Long-Term Leases	7.30M	—	8.40M	8.91M	9.41M
Current Portion of Leases	2.11M	—	1.99M	1.96M	1.97M
Loans & Investments
Long Term Investments RE	—	—	—	—	21.04M
Trading Asset Securities	25.35M	—	31.13M	28.26M	28.00M
Liabilities & Obligations
Total Liabilities & Equity	325.83M	—	303.52M	306.47M	298.84M
Accounts Payable RE	0.28M	—	0.49M	0.03M	1.17M
Accrued Expenses RE	2.39M	—	—	—	1.07M
Current Income Taxes Payable	0.08M	—	1.06M	0.93M	1.06M
Current Unearned Revenue	0.71M	—	1.15M	1.57M	1.34M
Other Current Liabilities RE	0.63M	—	0.64M	1.79M	0.86M
Long Term Deferred Tax Liabilities RE	597.00K	—	134.00K	134.00K	134.00K
Debt & Funding
Total Debt	34.67M	20.39M	20.39M	20.93M	11.37M
Current Port Long Term Debt RE	—	—	1.48M	—	—
Long Term Debt RE	23.79M	—	8.52M	—	—
Equity & Book Value
Shareholders' Equity	285.62M	278.96M	278.96M	280.33M	280.97M
Common Stock	105.00M	—	105.00M	105.00M	105.00M
Retained Earnings	180.27M	—	173.62M	174.98M	175.63M
Other Equity RE	0.35M	—	0.35M	0.35M	0.35M
Book Value Per Share	2.72	2.66	2.66	2.67	2.68
Tangible Book Value	285.50M	278.82M	278.82M	280.18M	280.81M
Tangible Book Value Per Share	2.72	2.66	2.66	2.67	2.67
Filing Date Shares Outstanding	105.00M	105.11M	105.00M	105.00M	105.00M
Total Common Shares Outstanding	105.00M	105.11M	105.00M	105.00M	105.00M
Supplemental
Total Liabilities RE	40.21M	—	24.56M	26.14M	17.87M

Financials

Quarterly (AED)

AL Khaleej Investment

Quarterly (AED)