RAK Properties

RAKPROPStocksAbu Dhabi Securities ExchangeReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	231.21M	241.34M	436.90M	255.91M	41.88M
Free Cash Flow	158.72M	166.80M	221.57M	17.42M	-224.19M
Capital Expenditures	-72.49M	-74.54M	-215.34M	-238.49M	-266.06M
Investing & Financing
Investing Cash Flow	92.67M	-78.98M	-229.36M	-194.62M	-262.56M
Financing Cash Flow	-204.27M	-148.49M	-104.40M	14.52M	163.55M
Dividends Paid	-0.01M	-60.00M	-33.27M	-4.14M	-0.13M
Share Repurchase	—	-22.62M	—	—	—
Operating Activities
Operating Cash Flow	231.21M	241.34M	436.90M	255.91M	41.88M
Net Income	404.30M	280.92M	201.82M	30.79M	201.47M
Change in Accounts Payable	521.46M	300.24M	165.60M	66.86M	27.75M
Change in Accounts Receivable	-708.26M	-465.63M	-325.03M	-47.13M	-258.33M
Change in Inventory	-70.77M	53.53M	342.97M	150.11M	110.57M
Change in Working Capital	-257.58M	-111.87M	183.53M	169.84M	-120.01M
Other Operating Activities	63.08M	69.16M	38.28M	46.84M	-52.35M
Provision & Write-off of Bad Debts	7.79M	3.09M	3.59M	5.23M	6.63M
Depreciation & Amortization	70.37M	71.76M	36.20M	32.91M	10.03M
Cash Interest Paid	71.99M	95.81M	55.91M	38.45M	14.97M
Cash Income Tax Paid	20.89M	—	—	—	—
Loss (Gain) on Equity Investments	-6.07M	-8.98M	-0.07M	—	—
Asset Writedown & Restructuring Costs	-44.77M	-65.90M	-28.65M	-29.43M	-2.55M
Investing Activities
Investing Cash Flow	92.67M	-78.98M	-229.36M	-194.62M	-262.56M
Capital Expenditures	-72.49M	-74.54M	-215.34M	-238.49M	-266.06M
Investment in Securities	—	0.32M	—	45.19M	5.30M
Other Investing Activities	18.90M	15.17M	10.76M	6.16M	8.02M
Sale (Purchase) of Real Estate	146.26M	-20.02M	-24.79M	-7.48M	-9.91M
Sale of Property, Plant & Equipment	—	90.00K	—	—	91.00K
Loss (Gain) From Sale of Assets	-5.91M	-0.09M	—	—	-0.09M
Loss (Gain) on Sale of Investments	—	3.25M	2.20M	-0.26M	-1.26M
Financing Activities
Financing Cash Flow	-204.27M	-148.49M	-104.40M	14.52M	163.55M
Common Dividends Paid	-0.01M	-60.00M	-33.27M	-4.14M	-0.13M
Issuance of Common Stock	62.53M	—	—	—	—
Repurchase of Common Stock	—	-22.62M	—	—	—
Long-Term Debt Issued	24.55M	203.69M	96.25M	423.77M	257.58M
Total Debt Issued	24.55M	203.69M	96.25M	423.77M	257.58M
Long-Term Debt Repaid	-211.36M	-165.75M	-111.47M	-360.66M	-75.93M
Total Debt Repaid	-211.36M	-165.75M	-111.47M	-360.66M	-75.93M
Net Debt Issued (Repaid)	-186.81M	37.94M	-15.22M	63.11M	181.65M
Other Financing Activities	-79.99M	-103.81M	-55.91M	-44.45M	-17.97M
Free Cash Flow & Returns
Free Cash Flow	158.72M	166.80M	221.57M	17.42M	-224.19M
Free Cash Flow Growth	-4.8%	-24.7%	+1,171.7%	—	—
Free Cash Flow Margin	+8.6%	+11.9%	+22.0%	+4.3%	-43.5%
Free Cash Flow Per Share	0.05	0.07	0.11	0.01	-0.11
Levered Free Cash Flow	-287.37M	-255.02M	-41.94M	-196.15M	105.19M
Unlevered Free Cash Flow	-242.50M	-200.86M	-7.91M	-171.89M	112.61M
Operating Cash Flow Growth	-4.2%	-44.8%	+70.7%	+511.1%	-51.7%
Net Cash Flow	119.61M	13.87M	103.14M	75.82M	-57.13M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	231.21M	241.34M	436.90M	255.91M	41.88M
Free Cash Flow	158.72M	166.80M	221.57M	17.42M	-224.19M
Capital Expenditures	-72.49M	-74.54M	-215.34M	-238.49M	-266.06M
Investing & Financing
Investing Cash Flow	92.67M	-78.98M	-229.36M	-194.62M	-262.56M
Financing Cash Flow	-204.27M	-148.49M	-104.40M	14.52M	163.55M
Dividends Paid	-0.01M	-60.00M	-33.27M	-4.14M	-0.13M
Share Repurchase	—	-22.62M	—	—	—
Operating Activities
Operating Cash Flow	231.21M	241.34M	436.90M	255.91M	41.88M
Net Income	404.30M	280.92M	201.82M	30.79M	201.47M
Change in Accounts Payable	521.46M	300.24M	165.60M	66.86M	27.75M
Change in Accounts Receivable	-708.26M	-465.63M	-325.03M	-47.13M	-258.33M
Change in Inventory	-70.77M	53.53M	342.97M	150.11M	110.57M
Change in Working Capital	-257.58M	-111.87M	183.53M	169.84M	-120.01M
Other Operating Activities	63.08M	69.16M	38.28M	46.84M	-52.35M
Provision & Write-off of Bad Debts	7.79M	3.09M	3.59M	5.23M	6.63M
Depreciation & Amortization	70.37M	71.76M	36.20M	32.91M	10.03M
Cash Interest Paid	71.99M	95.81M	55.91M	38.45M	14.97M
Cash Income Tax Paid	20.89M	—	—	—	—
Loss (Gain) on Equity Investments	-6.07M	-8.98M	-0.07M	—	—
Asset Writedown & Restructuring Costs	-44.77M	-65.90M	-28.65M	-29.43M	-2.55M
Investing Activities
Investing Cash Flow	92.67M	-78.98M	-229.36M	-194.62M	-262.56M
Capital Expenditures	-72.49M	-74.54M	-215.34M	-238.49M	-266.06M
Investment in Securities	—	0.32M	—	45.19M	5.30M
Other Investing Activities	18.90M	15.17M	10.76M	6.16M	8.02M
Sale (Purchase) of Real Estate	146.26M	-20.02M	-24.79M	-7.48M	-9.91M
Sale of Property, Plant & Equipment	—	90.00K	—	—	91.00K
Loss (Gain) From Sale of Assets	-5.91M	-0.09M	—	—	-0.09M
Loss (Gain) on Sale of Investments	—	3.25M	2.20M	-0.26M	-1.26M
Financing Activities
Financing Cash Flow	-204.27M	-148.49M	-104.40M	14.52M	163.55M
Common Dividends Paid	-0.01M	-60.00M	-33.27M	-4.14M	-0.13M
Issuance of Common Stock	62.53M	—	—	—	—
Repurchase of Common Stock	—	-22.62M	—	—	—
Long-Term Debt Issued	24.55M	203.69M	96.25M	423.77M	257.58M
Total Debt Issued	24.55M	203.69M	96.25M	423.77M	257.58M
Long-Term Debt Repaid	-211.36M	-165.75M	-111.47M	-360.66M	-75.93M
Total Debt Repaid	-211.36M	-165.75M	-111.47M	-360.66M	-75.93M
Net Debt Issued (Repaid)	-186.81M	37.94M	-15.22M	63.11M	181.65M
Other Financing Activities	-79.99M	-103.81M	-55.91M	-44.45M	-17.97M
Free Cash Flow & Returns
Free Cash Flow	158.72M	166.80M	221.57M	17.42M	-224.19M
Free Cash Flow Growth	-4.8%	-24.7%	+1,171.7%	—	—
Free Cash Flow Margin	+8.6%	+11.9%	+22.0%	+4.3%	-43.5%
Free Cash Flow Per Share	0.05	0.07	0.11	0.01	-0.11
Levered Free Cash Flow	-287.37M	-255.02M	-41.94M	-196.15M	105.19M
Unlevered Free Cash Flow	-242.50M	-200.86M	-7.91M	-171.89M	112.61M
Operating Cash Flow Growth	-4.2%	-44.8%	+70.7%	+511.1%	-51.7%
Net Cash Flow	119.61M	13.87M	103.14M	75.82M	-57.13M