AMANAT HOLDINGS PJSC

Amanat Holdings PJSC

AMANATStocksDubai Financial MarketDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	56.03M	90.75M	13.64M	20.41M	64.17M
Free Cash Flow	22.65M	68.38M	-2.83M	2.64M	34.85M
Capital Expenditures	-33.38M	-22.37M	-16.47M	-17.78M	-29.32M
Investing & Financing
Investing Cash Flow	426.08M	455.08M	-1.81M	154.50M	37.43M
Financing Cash Flow	2.49M	10.89M	-130.74M	-17.78M	-93.43M
Dividends Paid	—	—	-40.00M	—	-75.00M
Share Repurchase	-4.38M	—	-8.30M	—	-8.45M
Operating Activities
Operating Cash Flow	56.03M	90.75M	13.64M	20.41M	64.17M
Net Income	62.74M	29.22M	47.36M	37.67M	45.88M
Change in Accounts Payable	—	—	—	—	—
Change in Accounts Receivable	-47.57M	-12.66M	33.56M	-75.43M	22.95M
Change in Inventory	-0.13M	-0.38M	-0.63M	-0.06M	-1.15M
Change in Other Net Operating Assets	15.87M	94.86M	-86.14M	31.18M	-62.10M
Change in Working Capital	-31.83M	81.83M	-53.21M	-44.31M	-40.30M
Other Operating Activities	13.08M	22.00M	13.04M	10.19M	40.94M
Provision & Write-off of Bad Debts	9.18M	3.12M	4.23M	4.48M	6.66M
Depreciation & Amortization	28.61M	26.03M	25.68M	23.82M	20.21M
Other Amortization	624.00K	—	—	—	579.00K
Cash Interest Paid	0.92M	4.84M	6.36M	7.30M	14.53M
Loss (Gain) on Equity Investments	-25.95M	-2.16M	-18.03M	-5.37M	-16.42M
Asset Writedown & Restructuring Costs	—	—	—	—	-2.08M
Investing Activities
Investing Cash Flow	426.08M	455.08M	-1.81M	154.50M	37.43M
Capital Expenditures	-33.38M	-22.37M	-16.47M	-17.78M	-29.32M
Cash Acquisitions	-24.98M	—	—	—	—
Divestitures	515.85M	—	—	—	—
Investment in Securities	-59.30M	21.50M	—	157.00M	62.47M
Other Investing Activities	27.75M	2.95M	14.67M	15.28M	4.28M
Sale of Property, Plant & Equipment	0.13M	453.00M	—	—	—
Loss (Gain) From Sale of Assets	0.06M	-68.30M	—	—	0.21M
Loss (Gain) on Sale of Investments	—	—	—	—	—
Financing Activities
Financing Cash Flow	2.49M	10.89M	-130.74M	-17.78M	-93.43M
Common Dividends Paid	—	—	-40.00M	—	-75.00M
Issuance of Common Stock	—	4.30M	—	17.58M	—
Repurchase of Common Stock	-4.38M	—	-8.30M	—	-8.45M
Long-Term Debt Issued	—	—	—	10.00M	—
Total Debt Issued	14.47M	23.71M	18.79M	10.00M	51.43M
Long-Term Debt Repaid	—	—	—	-20.60M	—
Total Debt Repaid	6.79M	-7.90M	-105.17M	-20.60M	-39.45M
Net Debt Issued (Repaid)	21.27M	15.82M	-86.38M	-10.60M	11.98M
Other Financing Activities	-14.40M	-9.22M	3.93M	-24.76M	-21.96M
Free Cash Flow & Returns
Free Cash Flow	22.65M	68.38M	-2.83M	2.64M	34.85M
Free Cash Flow Growth	-35.0%	-14.7%	—	-95.3%	—
Free Cash Flow Margin	+7.3%	+44.5%	-1.2%	+1.1%	+13.7%
Free Cash Flow Per Share	0.01	0.03	-0.00	0.00	0.01
Levered Free Cash Flow	15.94M	132.31M	-90.49M	12.12M	-47.47M
Unlevered Free Cash Flow	19.15M	137.09M	-85.72M	17.18M	-41.16M
Operating Cash Flow Growth	-12.7%	-41.5%	—	-74.7%	—
Net Cash Flow	484.59M	556.72M	-118.90M	157.13M	8.17M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	56.03M	90.75M	13.64M	20.41M	64.17M
Free Cash Flow	22.65M	68.38M	-2.83M	2.64M	34.85M
Capital Expenditures	-33.38M	-22.37M	-16.47M	-17.78M	-29.32M
Investing & Financing
Investing Cash Flow	426.08M	455.08M	-1.81M	154.50M	37.43M
Financing Cash Flow	2.49M	10.89M	-130.74M	-17.78M	-93.43M
Dividends Paid	—	—	-40.00M	—	-75.00M
Share Repurchase	-4.38M	—	-8.30M	—	-8.45M
Operating Activities
Operating Cash Flow	56.03M	90.75M	13.64M	20.41M	64.17M
Net Income	62.74M	29.22M	47.36M	37.67M	45.88M
Change in Accounts Payable	—	—	—	—	—
Change in Accounts Receivable	-47.57M	-12.66M	33.56M	-75.43M	22.95M
Change in Inventory	-0.13M	-0.38M	-0.63M	-0.06M	-1.15M
Change in Other Net Operating Assets	15.87M	94.86M	-86.14M	31.18M	-62.10M
Change in Working Capital	-31.83M	81.83M	-53.21M	-44.31M	-40.30M
Other Operating Activities	13.08M	22.00M	13.04M	10.19M	40.94M
Provision & Write-off of Bad Debts	9.18M	3.12M	4.23M	4.48M	6.66M
Depreciation & Amortization	28.61M	26.03M	25.68M	23.82M	20.21M
Other Amortization	624.00K	—	—	—	579.00K
Cash Interest Paid	0.92M	4.84M	6.36M	7.30M	14.53M
Loss (Gain) on Equity Investments	-25.95M	-2.16M	-18.03M	-5.37M	-16.42M
Asset Writedown & Restructuring Costs	—	—	—	—	-2.08M
Investing Activities
Investing Cash Flow	426.08M	455.08M	-1.81M	154.50M	37.43M
Capital Expenditures	-33.38M	-22.37M	-16.47M	-17.78M	-29.32M
Cash Acquisitions	-24.98M	—	—	—	—
Divestitures	515.85M	—	—	—	—
Investment in Securities	-59.30M	21.50M	—	157.00M	62.47M
Other Investing Activities	27.75M	2.95M	14.67M	15.28M	4.28M
Sale of Property, Plant & Equipment	0.13M	453.00M	—	—	—
Loss (Gain) From Sale of Assets	0.06M	-68.30M	—	—	0.21M
Loss (Gain) on Sale of Investments	—	—	—	—	—
Financing Activities
Financing Cash Flow	2.49M	10.89M	-130.74M	-17.78M	-93.43M
Common Dividends Paid	—	—	-40.00M	—	-75.00M
Issuance of Common Stock	—	4.30M	—	17.58M	—
Repurchase of Common Stock	-4.38M	—	-8.30M	—	-8.45M
Long-Term Debt Issued	—	—	—	10.00M	—
Total Debt Issued	14.47M	23.71M	18.79M	10.00M	51.43M
Long-Term Debt Repaid	—	—	—	-20.60M	—
Total Debt Repaid	6.79M	-7.90M	-105.17M	-20.60M	-39.45M
Net Debt Issued (Repaid)	21.27M	15.82M	-86.38M	-10.60M	11.98M
Other Financing Activities	-14.40M	-9.22M	3.93M	-24.76M	-21.96M
Free Cash Flow & Returns
Free Cash Flow	22.65M	68.38M	-2.83M	2.64M	34.85M
Free Cash Flow Growth	-35.0%	-14.7%	—	-95.3%	—
Free Cash Flow Margin	+7.3%	+44.5%	-1.2%	+1.1%	+13.7%
Free Cash Flow Per Share	0.01	0.03	-0.00	0.00	0.01
Levered Free Cash Flow	15.94M	132.31M	-90.49M	12.12M	-47.47M
Unlevered Free Cash Flow	19.15M	137.09M	-85.72M	17.18M	-41.16M
Operating Cash Flow Growth	-12.7%	-41.5%	—	-74.7%	—
Net Cash Flow	484.59M	556.72M	-118.90M	157.13M	8.17M