RAPCO INVESTMENT

RAPCO Investment PJSC

RAPCOStocksAbu Dhabi Securities ExchangeMaterials

Financials

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
Operating Summary
Revenue	26.32M	56.61M	11.67M	9.98M	—
Cost of Revenue	97.07K	128.28K	155.84K	253.25K	279.48K
Gross Profit	26.22M	56.48M	11.52M	9.73M	-0.28M
SG&A	3.01M	3.59M	2.03M	1.12M	0.63M
Operating Expenses	3.00M	3.42M	2.13M	1.13M	0.63M
Operating Income	23.22M	53.06M	9.39M	8.60M	-0.91M
Interest Income	—	—	—	—	9.60M
Interest Expense	-1.49M	-0.35M	—	—	-0.03M
Other Income/Expense	37.67K	607.90K	88.78K	-60.78K	—
Pretax Income	31.44M	30.14M	16.91M	0.15M	5.30M
Income Tax	1.53M	-1.50M	—	—	—
Net Income	29.91M	31.63M	16.91M	-0.56M	3.03M
EBITDA	23.23M	53.07M	9.49M	8.61M	-0.81M
EBIT	23.22M	53.06M	9.39M	8.60M	-0.91M
EPS (Basic)	0.31	0.33	0.18	-0.01	0.03
EPS (Diluted)	0.31	0.33	0.18	-0.01	0.03
Margins & Efficiency
Gross Margin %	+99.6%	+99.8%	+98.7%	+97.5%	—
EBITDA Margin %	+88.3%	+93.7%	+81.3%	+86.2%	—
Net Margin %	+113.6%	+55.9%	+144.8%	-5.6%	—
Revenue & Income
Revenue	26.32M	56.61M	11.67M	9.98M	—
Revenue as Reported	36.04M	34.59M	—	—	—
Revenue Growth (YoY)	-53.5%	+384.9%	+16.9%	—	—
Interest & Investment Income	—	—	—	—	9.60M
Other Revenue	26.32M	56.61M	11.67M	9.98M	—
Earnings From Equity Investments	—	—	0.20M	-9.61M	-2.01M
Gain (Loss) on Sale of Assets	9.43M	0.15M	7.21M	—	—
Expenses & Provisions
Cost of Revenue	97.07K	128.28K	155.84K	253.25K	279.48K
Selling, General & Admin	3.01M	3.59M	2.03M	1.12M	0.63M
Operating Expenses	3.00M	3.42M	2.13M	1.13M	0.63M
Other Operating Expenses	-10.00K	-560.74K	—	—	—
Interest Expense	-1.49M	-0.35M	—	—	-0.03M
Other Non Operating Income (Expenses)	37.67K	607.90K	88.78K	-60.78K	—
Asset Writedown	0.24M	-23.33M	0.01M	1.22M	-1.36M
D&A For EBITDA	4.63K	6.65K	99.21K	6.34K	100.13K
Profitability & Returns
Gross Profit	26.22M	56.48M	11.52M	9.73M	-0.28M
Gross Margin	+99.6%	+99.8%	+98.7%	+97.5%	—
EBIT	23.22M	53.06M	9.39M	8.60M	-0.91M
EBIT Margin	+88.2%	+93.7%	+80.4%	+86.2%	—
EBITDA	23.23M	53.07M	9.49M	8.61M	-0.81M
EBITDA Margin	+88.3%	+93.7%	+81.3%	+86.2%	—
EBT Excluding Unusual Items	21.77M	53.31M	9.68M	-1.06M	6.66M
Pretax Income	31.44M	30.14M	16.91M	0.15M	5.30M
Operating Income	23.22M	53.06M	9.39M	8.60M	-0.91M
Operating Margin	+88.2%	+93.7%	+80.4%	+86.2%	—
Profit Margin	+113.6%	+55.9%	+144.8%	-5.6%	—
Net Income	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income to Common	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income to Company	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income Growth	-5.4%	+87.1%	—	—	+416.7%
Earnings From Continuing Ops.	29.91M	31.63M	16.91M	0.15M	5.30M
Earnings From Discontinued Ops.	—	—	—	-0.71M	-2.27M
Income Tax Expense	1.53M	-1.50M	—	—	—
Effective Tax Rate	+4.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.31	0.33	0.18	-0.01	0.03
EPS (Diluted)	0.31	0.33	0.18	-0.01	0.03
EPS Growth	-5.4%	+87.1%	—	—	+416.7%
Shares Outstanding (Basic)	95.04M	95.04M	95.04M	95.04M	95.04M
Shares Outstanding (Diluted)	95.04M	95.04M	95.04M	95.04M	95.04M
Free Cash Flow	1.60M	-11.66M	-16.10M	-0.84M	-1.07M
Free Cash Flow Margin	+6.1%	-20.6%	-137.9%	-8.4%	—
Free Cash Flow Per Share	0.02	-0.12	-0.17	-0.01	-0.01
Payout Ratio	—	—	—	—	+7.3%

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
Operating Summary
Revenue	26.32M	56.61M	11.67M	9.98M	—
Cost of Revenue	97.07K	128.28K	155.84K	253.25K	279.48K
Gross Profit	26.22M	56.48M	11.52M	9.73M	-0.28M
SG&A	3.01M	3.59M	2.03M	1.12M	0.63M
Operating Expenses	3.00M	3.42M	2.13M	1.13M	0.63M
Operating Income	23.22M	53.06M	9.39M	8.60M	-0.91M
Interest Income	—	—	—	—	9.60M
Interest Expense	-1.49M	-0.35M	—	—	-0.03M
Other Income/Expense	37.67K	607.90K	88.78K	-60.78K	—
Pretax Income	31.44M	30.14M	16.91M	0.15M	5.30M
Income Tax	1.53M	-1.50M	—	—	—
Net Income	29.91M	31.63M	16.91M	-0.56M	3.03M
EBITDA	23.23M	53.07M	9.49M	8.61M	-0.81M
EBIT	23.22M	53.06M	9.39M	8.60M	-0.91M
EPS (Basic)	0.31	0.33	0.18	-0.01	0.03
EPS (Diluted)	0.31	0.33	0.18	-0.01	0.03
Margins & Efficiency
Gross Margin %	+99.6%	+99.8%	+98.7%	+97.5%	—
EBITDA Margin %	+88.3%	+93.7%	+81.3%	+86.2%	—
Net Margin %	+113.6%	+55.9%	+144.8%	-5.6%	—
Revenue & Income
Revenue	26.32M	56.61M	11.67M	9.98M	—
Revenue as Reported	36.04M	34.59M	—	—	—
Revenue Growth (YoY)	-53.5%	+384.9%	+16.9%	—	—
Interest & Investment Income	—	—	—	—	9.60M
Other Revenue	26.32M	56.61M	11.67M	9.98M	—
Earnings From Equity Investments	—	—	0.20M	-9.61M	-2.01M
Gain (Loss) on Sale of Assets	9.43M	0.15M	7.21M	—	—
Expenses & Provisions
Cost of Revenue	97.07K	128.28K	155.84K	253.25K	279.48K
Selling, General & Admin	3.01M	3.59M	2.03M	1.12M	0.63M
Operating Expenses	3.00M	3.42M	2.13M	1.13M	0.63M
Other Operating Expenses	-10.00K	-560.74K	—	—	—
Interest Expense	-1.49M	-0.35M	—	—	-0.03M
Other Non Operating Income (Expenses)	37.67K	607.90K	88.78K	-60.78K	—
Asset Writedown	0.24M	-23.33M	0.01M	1.22M	-1.36M
D&A For EBITDA	4.63K	6.65K	99.21K	6.34K	100.13K
Profitability & Returns
Gross Profit	26.22M	56.48M	11.52M	9.73M	-0.28M
Gross Margin	+99.6%	+99.8%	+98.7%	+97.5%	—
EBIT	23.22M	53.06M	9.39M	8.60M	-0.91M
EBIT Margin	+88.2%	+93.7%	+80.4%	+86.2%	—
EBITDA	23.23M	53.07M	9.49M	8.61M	-0.81M
EBITDA Margin	+88.3%	+93.7%	+81.3%	+86.2%	—
EBT Excluding Unusual Items	21.77M	53.31M	9.68M	-1.06M	6.66M
Pretax Income	31.44M	30.14M	16.91M	0.15M	5.30M
Operating Income	23.22M	53.06M	9.39M	8.60M	-0.91M
Operating Margin	+88.2%	+93.7%	+80.4%	+86.2%	—
Profit Margin	+113.6%	+55.9%	+144.8%	-5.6%	—
Net Income	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income to Common	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income to Company	29.91M	31.63M	16.91M	-0.56M	3.03M
Net Income Growth	-5.4%	+87.1%	—	—	+416.7%
Earnings From Continuing Ops.	29.91M	31.63M	16.91M	0.15M	5.30M
Earnings From Discontinued Ops.	—	—	—	-0.71M	-2.27M
Income Tax Expense	1.53M	-1.50M	—	—	—
Effective Tax Rate	+4.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.31	0.33	0.18	-0.01	0.03
EPS (Diluted)	0.31	0.33	0.18	-0.01	0.03
EPS Growth	-5.4%	+87.1%	—	—	+416.7%
Shares Outstanding (Basic)	95.04M	95.04M	95.04M	95.04M	95.04M
Shares Outstanding (Diluted)	95.04M	95.04M	95.04M	95.04M	95.04M
Free Cash Flow	1.60M	-11.66M	-16.10M	-0.84M	-1.07M
Free Cash Flow Margin	+6.1%	-20.6%	-137.9%	-8.4%	—
Free Cash Flow Per Share	0.02	-0.12	-0.17	-0.01	-0.01
Payout Ratio	—	—	—	—	+7.3%