SPACE42

SPACE42 PLC

SPACE42StocksAbu Dhabi Securities ExchangeTechnology

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	1.68B	1.62B	0.13B	0.11B	-0.01B
Free Cash Flow	0.75B	1.21B	-0.08B	0.10B	-0.01B
Capital Expenditures	-926.27M	-418.18M	-211.68M	-9.46M	-8.48M
Investing & Financing
Investing Cash Flow	768.34M	393.76M	317.99M	-9.62M	-9.41M
Financing Cash Flow	-1.49B	-0.09B	-0.01B	0.16B	0.05B
Operating Activities
Operating Cash Flow	457.44M	442.10M	36.46M	29.46M	-1.73M
Net Income	-83.41M	62.31M	63.28M	55.08M	26.21M
Change in Accounts Payable	104.06M	-233.84M	54.45M	45.06M	27.29M
Change in Accounts Receivable	-30.49M	-70.89M	-106.80M	-11.15M	-36.96M
Change in Inventory	3.60M	3.77M	—	0.07M	0.15M
Change in Other Net Operating Assets	3.19M	-2.57M	-1.12M	-73.02M	-21.18M
Change in Unearned Revenue	166.84M	645.46M	30.35M	—	—
Change in Working Capital	247.20M	341.93M	-23.12M	-39.04M	-30.71M
Other Operating Activities	-30.67M	-1.06M	-7.17M	4.72M	0.92M
Provision & Write-off of Bad Debts	132.14M	8.09M	-0.12M	5.68M	—
Depreciation & Amortization	175.66M	41.09M	3.59M	3.02M	1.84M
Other Amortization	4.40M	1.13M	—	—	—
Cash Interest Paid	10.68M	5.10M	0.10M	—	—
Cash Income Tax Paid	19.53M	0.13M	—	—	—
Loss (Gain) on Equity Investments	2.04M	1.18M	—	—	—
Asset Writedown & Restructuring Costs	10.09M	—	—	—	—
Investing Activities
Investing Cash Flow	209.17M	107.20M	86.57M	-2.62M	-2.56M
Capital Expenditures	-252.16M	-113.84M	-57.63M	-2.57M	-2.31M
Cash Acquisitions	—	246.90M	—	—	—
Investment in Securities	432.99M	-79.35M	136.15M	—	—
Other Investing Activities	45.41M	14.60M	8.36M	0.24M	—
Sale (Purchase) of Intangibles	-17.19M	-2.40M	-0.32M	-0.28M	-0.25M
Sale of Property, Plant & Equipment	0.12M	41.29M	0.00M	—	—
Loss (Gain) From Sale of Assets	-0.02M	-12.58M	0.00M	—	—
Financing Activities
Financing Cash Flow	-404.51M	-24.01M	-2.53M	44.70M	14.64M
Issuance of Common Stock	—	—	—	169.88M	—
Long-Term Debt Issued	—	23.11M	—	—	—
Short-Term Debt Issued	—	—	—	10.95M	14.64M
Total Debt Issued	—	23.11M	—	10.95M	14.64M
Long-Term Debt Repaid	-393.83M	-42.01M	-0.09M	—	—
Short-Term Debt Repaid	—	—	-2.34M	—	—
Total Debt Repaid	-393.83M	-42.01M	-2.43M	—	—
Net Debt Issued (Repaid)	-393.83M	-18.91M	-2.43M	10.95M	14.64M
Other Financing Activities	-10.68M	-5.10M	-0.10M	-136.13M	—
Free Cash Flow & Returns
Free Cash Flow	205.28M	328.25M	-21.17M	26.88M	-4.04M
Free Cash Flow Growth	-37.5%	—	—	—	—
Free Cash Flow Margin	+35.6%	+99.1%	-6.7%	+12.5%	-4.0%
Free Cash Flow Per Share	0.04	0.11	-0.01	0.01	-0.00
Levered Free Cash Flow	-38.52M	-65.75M	-30.78M	14.41M	-43.17M
Unlevered Free Cash Flow	-18.58M	-60.84M	-30.65M	14.88M	-43.17M
Operating Cash Flow Growth	+3.5%	+1,112.5%	+23.8%	—	—
Net Cash Flow	262.47M	525.04M	120.50M	71.53M	10.35M
Foreign Exchange Rate Adjustments	369.00K	-244.00K	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	1.68B	1.62B	0.13B	0.11B	-0.01B
Free Cash Flow	0.75B	1.21B	-0.08B	0.10B	-0.01B
Capital Expenditures	-926.27M	-418.18M	-211.68M	-9.46M	-8.48M
Investing & Financing
Investing Cash Flow	768.34M	393.76M	317.99M	-9.62M	-9.41M
Financing Cash Flow	-1.49B	-0.09B	-0.01B	0.16B	0.05B
Operating Activities
Operating Cash Flow	457.44M	442.10M	36.46M	29.46M	-1.73M
Net Income	-83.41M	62.31M	63.28M	55.08M	26.21M
Change in Accounts Payable	104.06M	-233.84M	54.45M	45.06M	27.29M
Change in Accounts Receivable	-30.49M	-70.89M	-106.80M	-11.15M	-36.96M
Change in Inventory	3.60M	3.77M	—	0.07M	0.15M
Change in Other Net Operating Assets	3.19M	-2.57M	-1.12M	-73.02M	-21.18M
Change in Unearned Revenue	166.84M	645.46M	30.35M	—	—
Change in Working Capital	247.20M	341.93M	-23.12M	-39.04M	-30.71M
Other Operating Activities	-30.67M	-1.06M	-7.17M	4.72M	0.92M
Provision & Write-off of Bad Debts	132.14M	8.09M	-0.12M	5.68M	—
Depreciation & Amortization	175.66M	41.09M	3.59M	3.02M	1.84M
Other Amortization	4.40M	1.13M	—	—	—
Cash Interest Paid	10.68M	5.10M	0.10M	—	—
Cash Income Tax Paid	19.53M	0.13M	—	—	—
Loss (Gain) on Equity Investments	2.04M	1.18M	—	—	—
Asset Writedown & Restructuring Costs	10.09M	—	—	—	—
Investing Activities
Investing Cash Flow	209.17M	107.20M	86.57M	-2.62M	-2.56M
Capital Expenditures	-252.16M	-113.84M	-57.63M	-2.57M	-2.31M
Cash Acquisitions	—	246.90M	—	—	—
Investment in Securities	432.99M	-79.35M	136.15M	—	—
Other Investing Activities	45.41M	14.60M	8.36M	0.24M	—
Sale (Purchase) of Intangibles	-17.19M	-2.40M	-0.32M	-0.28M	-0.25M
Sale of Property, Plant & Equipment	0.12M	41.29M	0.00M	—	—
Loss (Gain) From Sale of Assets	-0.02M	-12.58M	0.00M	—	—
Financing Activities
Financing Cash Flow	-404.51M	-24.01M	-2.53M	44.70M	14.64M
Issuance of Common Stock	—	—	—	169.88M	—
Long-Term Debt Issued	—	23.11M	—	—	—
Short-Term Debt Issued	—	—	—	10.95M	14.64M
Total Debt Issued	—	23.11M	—	10.95M	14.64M
Long-Term Debt Repaid	-393.83M	-42.01M	-0.09M	—	—
Short-Term Debt Repaid	—	—	-2.34M	—	—
Total Debt Repaid	-393.83M	-42.01M	-2.43M	—	—
Net Debt Issued (Repaid)	-393.83M	-18.91M	-2.43M	10.95M	14.64M
Other Financing Activities	-10.68M	-5.10M	-0.10M	-136.13M	—
Free Cash Flow & Returns
Free Cash Flow	205.28M	328.25M	-21.17M	26.88M	-4.04M
Free Cash Flow Growth	-37.5%	—	—	—	—
Free Cash Flow Margin	+35.6%	+99.1%	-6.7%	+12.5%	-4.0%
Free Cash Flow Per Share	0.04	0.11	-0.01	0.01	-0.00
Levered Free Cash Flow	-38.52M	-65.75M	-30.78M	14.41M	-43.17M
Unlevered Free Cash Flow	-18.58M	-60.84M	-30.65M	14.88M	-43.17M
Operating Cash Flow Growth	+3.5%	+1,112.5%	+23.8%	—	—
Net Cash Flow	262.47M	525.04M	120.50M	71.53M	10.35M
Foreign Exchange Rate Adjustments	369.00K	-244.00K	—	—	—