SPACE42

SPACE42 PLC

SPACE42StocksAbu Dhabi Securities ExchangeTechnology

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	786.17M	500.29M	409.15M	422.67M	737.57M
Cost of Revenue	491.00M	256.37M	170.46M	182.08M	384.54M
Gross Profit	295.17M	243.92M	238.69M	240.60M	353.03M
SG&A	29.91M	—	—	—	19.36M
Operating Expenses	717.44M	252.77M	205.96M	197.72M	237.72M
Operating Income	-422.27M	-8.85M	32.72M	42.88M	115.31M
Interest Income	31.72M	27.80M	35.08M	33.95M	29.15M
Interest Expense	-82.29M	-21.17M	-4.50M	-9.21M	-27.28M
Other Income/Expense	39.57M	—	—	—	14.63M
Pretax Income	-475.20M	-3.38M	61.41M	89.71M	181.22M
Income Tax	-27.05M	-0.33M	7.21M	8.40M	17.06M
Net Income	-444.53M	0.98M	56.93M	80.24M	162.34M
EBITDA	-260.88M	160.90M	181.07M	190.34M	252.54M
EBIT	-422.27M	-8.85M	32.72M	42.88M	115.31M
EPS (Basic)	-0.03	0.00	0.00	0.00	0.01
EPS (Diluted)	-0.03	0.00	0.00	0.00	0.01
Margins & Efficiency
Gross Margin %	+37.5%	+48.8%	+58.3%	+56.9%	+47.9%
EBITDA Margin %	-33.2%	+32.2%	+44.3%	+45.0%	+34.2%
Net Margin %	-56.5%	+0.2%	+13.9%	+19.0%	+22.0%
Revenue & Income
Revenue	214.02M	136.20M	111.38M	115.07M	200.79M
Revenue Growth (YoY)	+6.6%	+143.2%	+155.6%	+273.1%	+13.7%
Interest & Investment Income	8.63M	7.57M	9.55M	9.24M	7.94M
Earnings From Equity Investments	-0.59M	-0.88M	-0.52M	-0.06M	-1.18M
Gain (Loss) on Sale of Assets	0.02M	—	—	—	12.58M
Currency Exchange Gain (Loss)	-1.11M	—	—	—	-1.34M
Expenses & Provisions
Cost of Revenue	133.67M	69.79M	46.41M	49.57M	104.69M
Selling, General & Admin	8.14M	—	—	—	5.27M
Operating Expenses	195.31M	68.81M	56.07M	53.83M	64.72M
Other Operating Expenses	136.35M	21.82M	14.82M	12.82M	19.86M
Interest Expense	-22.40M	-5.76M	-1.22M	-2.51M	-7.43M
Other Non Operating Income (Expenses)	10.77M	—	—	—	3.98M
Asset Writedown	-9.74M	—	—	—	—
Amortization of Goodwill & Intangibles	—	—	—	—	—
D&A For EBITDA	43.94M	46.21M	40.39M	40.14M	37.36M
Profitability & Returns
Gross Profit	80.35M	66.40M	64.98M	65.50M	96.11M
Gross Margin	+37.5%	+48.8%	+58.3%	+56.9%	+47.9%
EBIT	-114.96M	-2.41M	8.91M	11.67M	31.39M
EBIT Margin	-53.7%	-1.8%	+8.0%	+10.1%	+15.6%
EBITDA	-71.02M	43.80M	49.29M	51.82M	68.75M
EBITDA Margin	-33.2%	+32.2%	+44.3%	+45.0%	+34.2%
EBT Excluding Unusual Items	-119.65M	-1.49M	16.72M	18.35M	33.37M
Pretax Income	-129.37M	-0.92M	16.72M	24.42M	49.34M
Operating Income	-114.96M	-2.41M	8.91M	11.67M	31.39M
Operating Margin	-53.7%	-1.8%	+8.0%	+10.1%	+15.6%
Profit Margin	-56.5%	+0.2%	+13.9%	+19.0%	+22.0%
Net Income	-121.02M	0.27M	15.50M	21.84M	44.19M
Net Income to Common	-121.02M	0.27M	15.50M	21.84M	44.19M
Net Income Growth	—	-97.9%	+545.7%	+678.8%	+30.2%
Earnings From Continuing Ops.	-122.00M	-0.83M	14.76M	22.14M	44.69M
Minority Interest in Earnings	0.99M	1.10M	0.74M	-0.29M	-0.50M
Income Tax Expense	-7.36M	-0.09M	1.96M	2.29M	4.64M
Effective Tax Rate	—	—	+11.7%	+9.4%	+9.4%
Per Share & Capital
EPS (Basic)	-0.03	0.00	0.00	0.00	0.01
EPS (Diluted)	-0.03	0.00	0.00	0.00	0.01
EPS Growth	—	-98.9%	+248.8%	+320.8%	-29.7%
Shares Change (YoY)	0	0.85	0.85	0.85	0.85
Shares Outstanding (Basic)	4.76B	4.76B	4.76B	4.76B	4.76B
Shares Outstanding (Diluted)	4.76B	4.76B	4.76B	4.76B	4.76B
Free Cash Flow	307.69M	-66.66M	-15.01M	-20.74M	412.02M
Free Cash Flow Margin	+143.8%	-48.9%	-13.5%	-18.0%	+205.2%
Free Cash Flow Per Share	0.07	-0.01	-0.00	-0.00	0.09
Supplemental
Other Unusual Items	—	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	786.17M	500.29M	409.15M	422.67M	737.57M
Cost of Revenue	491.00M	256.37M	170.46M	182.08M	384.54M
Gross Profit	295.17M	243.92M	238.69M	240.60M	353.03M
SG&A	29.91M	—	—	—	19.36M
Operating Expenses	717.44M	252.77M	205.96M	197.72M	237.72M
Operating Income	-422.27M	-8.85M	32.72M	42.88M	115.31M
Interest Income	31.72M	27.80M	35.08M	33.95M	29.15M
Interest Expense	-82.29M	-21.17M	-4.50M	-9.21M	-27.28M
Other Income/Expense	39.57M	—	—	—	14.63M
Pretax Income	-475.20M	-3.38M	61.41M	89.71M	181.22M
Income Tax	-27.05M	-0.33M	7.21M	8.40M	17.06M
Net Income	-444.53M	0.98M	56.93M	80.24M	162.34M
EBITDA	-260.88M	160.90M	181.07M	190.34M	252.54M
EBIT	-422.27M	-8.85M	32.72M	42.88M	115.31M
EPS (Basic)	-0.03	0.00	0.00	0.00	0.01
EPS (Diluted)	-0.03	0.00	0.00	0.00	0.01
Margins & Efficiency
Gross Margin %	+37.5%	+48.8%	+58.3%	+56.9%	+47.9%
EBITDA Margin %	-33.2%	+32.2%	+44.3%	+45.0%	+34.2%
Net Margin %	-56.5%	+0.2%	+13.9%	+19.0%	+22.0%
Revenue & Income
Revenue	214.02M	136.20M	111.38M	115.07M	200.79M
Revenue Growth (YoY)	+6.6%	+143.2%	+155.6%	+273.1%	+13.7%
Interest & Investment Income	8.63M	7.57M	9.55M	9.24M	7.94M
Earnings From Equity Investments	-0.59M	-0.88M	-0.52M	-0.06M	-1.18M
Gain (Loss) on Sale of Assets	0.02M	—	—	—	12.58M
Currency Exchange Gain (Loss)	-1.11M	—	—	—	-1.34M
Expenses & Provisions
Cost of Revenue	133.67M	69.79M	46.41M	49.57M	104.69M
Selling, General & Admin	8.14M	—	—	—	5.27M
Operating Expenses	195.31M	68.81M	56.07M	53.83M	64.72M
Other Operating Expenses	136.35M	21.82M	14.82M	12.82M	19.86M
Interest Expense	-22.40M	-5.76M	-1.22M	-2.51M	-7.43M
Other Non Operating Income (Expenses)	10.77M	—	—	—	3.98M
Asset Writedown	-9.74M	—	—	—	—
Amortization of Goodwill & Intangibles	—	—	—	—	—
D&A For EBITDA	43.94M	46.21M	40.39M	40.14M	37.36M
Profitability & Returns
Gross Profit	80.35M	66.40M	64.98M	65.50M	96.11M
Gross Margin	+37.5%	+48.8%	+58.3%	+56.9%	+47.9%
EBIT	-114.96M	-2.41M	8.91M	11.67M	31.39M
EBIT Margin	-53.7%	-1.8%	+8.0%	+10.1%	+15.6%
EBITDA	-71.02M	43.80M	49.29M	51.82M	68.75M
EBITDA Margin	-33.2%	+32.2%	+44.3%	+45.0%	+34.2%
EBT Excluding Unusual Items	-119.65M	-1.49M	16.72M	18.35M	33.37M
Pretax Income	-129.37M	-0.92M	16.72M	24.42M	49.34M
Operating Income	-114.96M	-2.41M	8.91M	11.67M	31.39M
Operating Margin	-53.7%	-1.8%	+8.0%	+10.1%	+15.6%
Profit Margin	-56.5%	+0.2%	+13.9%	+19.0%	+22.0%
Net Income	-121.02M	0.27M	15.50M	21.84M	44.19M
Net Income to Common	-121.02M	0.27M	15.50M	21.84M	44.19M
Net Income Growth	—	-97.9%	+545.7%	+678.8%	+30.2%
Earnings From Continuing Ops.	-122.00M	-0.83M	14.76M	22.14M	44.69M
Minority Interest in Earnings	0.99M	1.10M	0.74M	-0.29M	-0.50M
Income Tax Expense	-7.36M	-0.09M	1.96M	2.29M	4.64M
Effective Tax Rate	—	—	+11.7%	+9.4%	+9.4%
Per Share & Capital
EPS (Basic)	-0.03	0.00	0.00	0.00	0.01
EPS (Diluted)	-0.03	0.00	0.00	0.00	0.01
EPS Growth	—	-98.9%	+248.8%	+320.8%	-29.7%
Shares Change (YoY)	0	0.85	0.85	0.85	0.85
Shares Outstanding (Basic)	4.76B	4.76B	4.76B	4.76B	4.76B
Shares Outstanding (Diluted)	4.76B	4.76B	4.76B	4.76B	4.76B
Free Cash Flow	307.69M	-66.66M	-15.01M	-20.74M	412.02M
Free Cash Flow Margin	+143.8%	-48.9%	-13.5%	-18.0%	+205.2%
Free Cash Flow Per Share	0.07	-0.01	-0.00	-0.00	0.09
Supplemental
Other Unusual Items	—	—	—	—	—