Manazel

Manazel PJSC

MANAZELStocksAbu Dhabi Securities ExchangeReal Estate

Financials

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
Operating Summary
Revenue	135.22M	347.97M	146.31M	109.29M	787.30M
Cost of Revenue	82.37M	316.59M	95.71M	70.38M	627.69M
Gross Profit	52.85M	31.38M	50.59M	38.92M	159.61M
SG&A	52.19M	51.44M	50.71M	50.96M	45.99M
Operating Expenses	70.00M	166.14M	123.36M	97.77M	164.46M
Operating Income	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
Interest Expense	-48.13M	-89.98M	-92.33M	-69.28M	-72.70M
Other Income/Expense	64.13M	17.05M	3.08M	40.09M	11.61M
Pretax Income	6.20M	-198.34M	-152.84M	20.46M	22.51M
Income Tax	-2.02M	—	—	—	—
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
EBITDA	-11.99M	-127.38M	-64.56M	-51.15M	4.97M
EBIT	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
EPS (Basic)	0.00	-0.08	-0.06	0.01	0.01
EPS (Diluted)	0.00	-0.08	-0.06	0.01	0.01
Margins & Efficiency
Gross Margin %	+39.1%	+9.0%	+34.6%	+35.6%	+20.3%
EBITDA Margin %	-8.9%	-36.6%	-44.1%	-46.8%	+0.6%
Net Margin %	+6.1%	-57.0%	-104.5%	+18.7%	+2.9%
Revenue & Income
Revenue	135.22M	347.97M	146.31M	109.29M	787.30M
Revenue Growth (YoY)	-61.1%	+137.8%	+33.9%	-86.1%	-16.9%
Gain (Loss) on Sale of Assets	-16.37M	23.45M	-3.00M	-4.50M	—
Expenses & Provisions
Advertising Expenses	0.68M	1.48M	0.38M	0.17M	0.05M
Cost of Revenue	82.37M	316.59M	95.71M	70.38M	627.69M
Selling, General & Admin	52.19M	51.44M	50.71M	50.96M	45.99M
Operating Expenses	70.00M	166.14M	123.36M	97.77M	164.46M
Interest Expense	-48.13M	-89.98M	-92.33M	-69.28M	-72.70M
Other Non Operating Income (Expenses)	64.13M	17.05M	3.08M	40.09M	11.61M
Asset Writedown	23.72M	-14.10M	12.18M	113.00M	88.46M
D&A For EBITDA	5.16M	7.39M	8.21M	7.70M	9.82M
Profitability & Returns
Gross Profit	52.85M	31.38M	50.59M	38.92M	159.61M
Gross Margin	+39.1%	+9.0%	+34.6%	+35.6%	+20.3%
EBIT	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
EBIT Margin	-12.7%	-38.7%	-49.7%	-53.8%	-0.6%
EBITDA	-11.99M	-127.38M	-64.56M	-51.15M	4.97M
EBITDA Margin	-8.9%	-36.6%	-44.1%	-46.8%	+0.6%
EBT Excluding Unusual Items	-1.15M	-207.69M	-162.01M	-88.04M	-65.95M
Pretax Income	6.20M	-198.34M	-152.84M	20.46M	22.51M
Operating Income	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
Operating Margin	-12.7%	-38.7%	-49.7%	-53.8%	-0.6%
Profit Margin	+6.1%	-57.0%	-104.5%	+18.7%	+2.9%
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
Net Income to Common	8.22M	-198.34M	-152.84M	20.46M	22.51M
Net Income Growth	—	—	—	-9.1%	-90.6%
Earnings From Continuing Ops.	8.22M	-198.34M	-152.84M	20.46M	22.51M
Income Tax Expense	-2.02M	—	—	—	—
Per Share & Capital
EPS (Basic)	0.00	-0.08	-0.06	0.01	0.01
EPS (Diluted)	0.00	-0.08	-0.06	0.01	0.01
EPS Growth	—	—	—	-9.1%	-90.6%
Shares Outstanding (Basic)	2.60B	2.60B	2.60B	2.60B	2.60B
Shares Outstanding (Diluted)	2.60B	2.60B	2.60B	2.60B	2.60B
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
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

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
Operating Summary
Revenue	135.22M	347.97M	146.31M	109.29M	787.30M
Cost of Revenue	82.37M	316.59M	95.71M	70.38M	627.69M
Gross Profit	52.85M	31.38M	50.59M	38.92M	159.61M
SG&A	52.19M	51.44M	50.71M	50.96M	45.99M
Operating Expenses	70.00M	166.14M	123.36M	97.77M	164.46M
Operating Income	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
Interest Expense	-48.13M	-89.98M	-92.33M	-69.28M	-72.70M
Other Income/Expense	64.13M	17.05M	3.08M	40.09M	11.61M
Pretax Income	6.20M	-198.34M	-152.84M	20.46M	22.51M
Income Tax	-2.02M	—	—	—	—
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
EBITDA	-11.99M	-127.38M	-64.56M	-51.15M	4.97M
EBIT	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
EPS (Basic)	0.00	-0.08	-0.06	0.01	0.01
EPS (Diluted)	0.00	-0.08	-0.06	0.01	0.01
Margins & Efficiency
Gross Margin %	+39.1%	+9.0%	+34.6%	+35.6%	+20.3%
EBITDA Margin %	-8.9%	-36.6%	-44.1%	-46.8%	+0.6%
Net Margin %	+6.1%	-57.0%	-104.5%	+18.7%	+2.9%
Revenue & Income
Revenue	135.22M	347.97M	146.31M	109.29M	787.30M
Revenue Growth (YoY)	-61.1%	+137.8%	+33.9%	-86.1%	-16.9%
Gain (Loss) on Sale of Assets	-16.37M	23.45M	-3.00M	-4.50M	—
Expenses & Provisions
Advertising Expenses	0.68M	1.48M	0.38M	0.17M	0.05M
Cost of Revenue	82.37M	316.59M	95.71M	70.38M	627.69M
Selling, General & Admin	52.19M	51.44M	50.71M	50.96M	45.99M
Operating Expenses	70.00M	166.14M	123.36M	97.77M	164.46M
Interest Expense	-48.13M	-89.98M	-92.33M	-69.28M	-72.70M
Other Non Operating Income (Expenses)	64.13M	17.05M	3.08M	40.09M	11.61M
Asset Writedown	23.72M	-14.10M	12.18M	113.00M	88.46M
D&A For EBITDA	5.16M	7.39M	8.21M	7.70M	9.82M
Profitability & Returns
Gross Profit	52.85M	31.38M	50.59M	38.92M	159.61M
Gross Margin	+39.1%	+9.0%	+34.6%	+35.6%	+20.3%
EBIT	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
EBIT Margin	-12.7%	-38.7%	-49.7%	-53.8%	-0.6%
EBITDA	-11.99M	-127.38M	-64.56M	-51.15M	4.97M
EBITDA Margin	-8.9%	-36.6%	-44.1%	-46.8%	+0.6%
EBT Excluding Unusual Items	-1.15M	-207.69M	-162.01M	-88.04M	-65.95M
Pretax Income	6.20M	-198.34M	-152.84M	20.46M	22.51M
Operating Income	-17.15M	-134.76M	-72.76M	-58.85M	-4.86M
Operating Margin	-12.7%	-38.7%	-49.7%	-53.8%	-0.6%
Profit Margin	+6.1%	-57.0%	-104.5%	+18.7%	+2.9%
Net Income	8.22M	-198.34M	-152.84M	20.46M	22.51M
Net Income to Common	8.22M	-198.34M	-152.84M	20.46M	22.51M
Net Income Growth	—	—	—	-9.1%	-90.6%
Earnings From Continuing Ops.	8.22M	-198.34M	-152.84M	20.46M	22.51M
Income Tax Expense	-2.02M	—	—	—	—
Per Share & Capital
EPS (Basic)	0.00	-0.08	-0.06	0.01	0.01
EPS (Diluted)	0.00	-0.08	-0.06	0.01	0.01
EPS Growth	—	—	—	-9.1%	-90.6%
Shares Outstanding (Basic)	2.60B	2.60B	2.60B	2.60B	2.60B
Shares Outstanding (Diluted)	2.60B	2.60B	2.60B	2.60B	2.60B
Free Cash Flow	-4.92M	139.98M	104.39M	151.11M	109.58M
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