Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-4.58M	139.98M	104.76M	151.11M	110.36M
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
Capital Expenditures	-337.00K	—	-372.00K	—	-779.00K
Investing & Financing
Investing Cash Flow	47.08M	1.72M	-44.10M	-199.78M	-1.83M
Financing Cash Flow	-39.71M	-148.63M	-102.65M	50.60M	-124.65M
Operating Activities
Operating Cash Flow	-4.58M	139.98M	104.76M	151.11M	110.36M
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
Change in Accounts Payable	14.87M	100.82M	-304.54M	-45.48M	149.30M
Change in Accounts Receivable	584.63M	27.68M	384.67M	174.99M	-174.84M
Change in Inventory	-617.67M	3.50M	10.08M	-0.26M	59.53M
Change in Other Net Operating Assets	—	—	—	—	-48.14M
Change in Unearned Revenue	-0.56M	-0.45M	0.21M	0.71M	-2.33M
Change in Working Capital	-18.73M	131.56M	90.41M	129.96M	-16.48M
Other Operating Activities	-8.91M	91.23M	93.08M	57.21M	63.06M
Provision & Write-off of Bad Debts	17.80M	114.70M	72.65M	42.78M	118.47M
Depreciation & Amortization	6.46M	10.18M	10.64M	9.20M	9.82M
Cash Interest Paid	—	—	92.11M	—	—
Asset Writedown & Restructuring Costs	-25.80M	14.10M	-12.18M	-113.00M	-87.02M
Investing Activities
Investing Cash Flow	47.08M	1.72M	-44.10M	-199.78M	-1.83M
Capital Expenditures	-337.00K	—	-372.00K	—	-779.00K
Sale (Purchase) of Real Estate	47.42M	-98.19M	-43.73M	-200.62M	-1.05M
Sale of Property, Plant & Equipment	—	99.91M	—	0.84M	—
Loss (Gain) From Sale of Assets	16.37M	-23.45M	3.00M	4.50M	—
Financing Activities
Financing Cash Flow	-39.71M	-148.63M	-102.65M	50.60M	-124.65M
Long-Term Debt Issued	—	—	—	150.00M	—
Long-Term Debt Repaid	-48.96M	-58.66M	-10.55M	-48.00M	-60.38M
Net Debt Issued (Repaid)	-48.96M	-58.66M	-10.55M	102.00M	-60.38M
Other Financing Activities	9.25M	-89.98M	-92.11M	-51.41M	-64.28M
Free Cash Flow & Returns
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
Free Cash Flow Growth	—	+34.1%	-30.9%	+37.9%	+220.3%
Free Cash Flow Margin	-3.6%	+40.2%	+71.4%	+138.3%	+13.9%
Free Cash Flow Per Share	-0.00	0.05	0.04	0.06	0.04
Levered Free Cash Flow	-16.16M	117.78M	226.65M	75.23M	58.36M
Unlevered Free Cash Flow	13.92M	174.01M	284.36M	118.53M	103.80M
Operating Cash Flow Growth	—	+33.6%	-30.7%	+36.9%	+219.0%
Net Cash Flow	2.78M	-6.93M	-41.99M	1.93M	-16.12M

Manazel

Manazel PJSC

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Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (AED)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-4.58M	139.98M	104.76M	151.11M	110.36M
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
Capital Expenditures	-337.00K	—	-372.00K	—	-779.00K
Investing & Financing
Investing Cash Flow	47.08M	1.72M	-44.10M	-199.78M	-1.83M
Financing Cash Flow	-39.71M	-148.63M	-102.65M	50.60M	-124.65M
Operating Activities
Operating Cash Flow	-4.58M	139.98M	104.76M	151.11M	110.36M
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
Change in Accounts Payable	14.87M	100.82M	-304.54M	-45.48M	149.30M
Change in Accounts Receivable	584.63M	27.68M	384.67M	174.99M	-174.84M
Change in Inventory	-617.67M	3.50M	10.08M	-0.26M	59.53M
Change in Other Net Operating Assets	—	—	—	—	-48.14M
Change in Unearned Revenue	-0.56M	-0.45M	0.21M	0.71M	-2.33M
Change in Working Capital	-18.73M	131.56M	90.41M	129.96M	-16.48M
Other Operating Activities	-8.91M	91.23M	93.08M	57.21M	63.06M
Provision & Write-off of Bad Debts	17.80M	114.70M	72.65M	42.78M	118.47M
Depreciation & Amortization	6.46M	10.18M	10.64M	9.20M	9.82M
Cash Interest Paid	—	—	92.11M	—	—
Asset Writedown & Restructuring Costs	-25.80M	14.10M	-12.18M	-113.00M	-87.02M
Investing Activities
Investing Cash Flow	47.08M	1.72M	-44.10M	-199.78M	-1.83M
Capital Expenditures	-337.00K	—	-372.00K	—	-779.00K
Sale (Purchase) of Real Estate	47.42M	-98.19M	-43.73M	-200.62M	-1.05M
Sale of Property, Plant & Equipment	—	99.91M	—	0.84M	—
Loss (Gain) From Sale of Assets	16.37M	-23.45M	3.00M	4.50M	—
Financing Activities
Financing Cash Flow	-39.71M	-148.63M	-102.65M	50.60M	-124.65M
Long-Term Debt Issued	—	—	—	150.00M	—
Long-Term Debt Repaid	-48.96M	-58.66M	-10.55M	-48.00M	-60.38M
Net Debt Issued (Repaid)	-48.96M	-58.66M	-10.55M	102.00M	-60.38M
Other Financing Activities	9.25M	-89.98M	-92.11M	-51.41M	-64.28M
Free Cash Flow & Returns
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
Free Cash Flow Growth	—	+34.1%	-30.9%	+37.9%	+220.3%
Free Cash Flow Margin	-3.6%	+40.2%	+71.4%	+138.3%	+13.9%
Free Cash Flow Per Share	-0.00	0.05	0.04	0.06	0.04
Levered Free Cash Flow	-16.16M	117.78M	226.65M	75.23M	58.36M
Unlevered Free Cash Flow	13.92M	174.01M	284.36M	118.53M	103.80M
Operating Cash Flow Growth	—	+33.6%	-30.7%	+36.9%	+219.0%
Net Cash Flow	2.78M	-6.93M	-41.99M	1.93M	-16.12M