BHM Capital

BHM Capital Financial Services P.S.C

BHMCAPITALStocksDubai Financial MarketDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	52.37M	50.33M	-298.90M	-14.88M	5.10M
Free Cash Flow	49.59M	49.85M	-299.80M	-15.35M	3.82M
Capital Expenditures	-2.77M	-0.48M	-0.90M	-0.47M	-1.29M
Investing & Financing
Investing Cash Flow	-424.40M	-97.75M	8.08M	-1.23M	-4.09M
Financing Cash Flow	372.48M	7.77M	296.56M	21.60M	-0.84M
Dividends Paid	—	-13.44M	—	—	—
Share Repurchase	—	—	-4.36M	-12.65M	—
Operating Activities
Operating Cash Flow	52.37M	50.33M	-298.90M	-14.88M	5.10M
Net Income	43.08M	37.48M	35.34M	19.82M	12.99M
Change in Accounts Payable	-21.06M	298.38M	144.08M	110.44M	-12.89M
Change in Accounts Receivable	1.81M	-354.15M	-435.41M	-144.59M	-2.52M
Change in Other Net Operating Assets	-32.92M	35.97M	-50.00M	-5.00M	—
Other Operating Activities	58.78M	30.94M	5.71M	1.32M	-0.39M
Depreciation & Amortization	2.70M	2.64M	2.84M	2.77M	2.70M
Cash Interest Paid	60.39M	33.12M	9.22M	1.74M	0.12M
Cash Income Tax Paid	4.28M	3.67M	—	—	—
Investing Activities
Investing Cash Flow	-424.40M	-97.75M	8.08M	-1.23M	-4.09M
Capital Expenditures	-2.77M	-0.48M	-0.90M	-0.47M	-1.29M
Investment in Securities	-422.63M	-99.59M	8.90M	-5.67M	-2.88M
Other Investing Activities	1.22M	2.84M	0.27M	—	—
Sale (Purchase) of Intangibles	-220.32K	-519.48K	-189.20K	—	—
Loss (Gain) on Sale of Investments	-300.90K	962.73K	243.43K	495.01K	-44.74K
Financing Activities
Financing Cash Flow	372.48M	7.77M	296.56M	21.60M	-0.84M
Common Dividends Paid	—	-13.44M	—	—	—
Issuance of Common Stock	200.00M	12.98M	6.03M	—	—
Repurchase of Common Stock	—	—	-4.36M	-12.65M	—
Long-Term Debt Issued	120.00M	—	305.00M	—	—
Short-Term Debt Issued	115.33M	62.41M	—	36.70M	—
Total Debt Issued	235.33M	62.41M	305.00M	36.70M	—
Long-Term Debt Repaid	-2.46M	-21.06M	-0.88M	-0.72M	-0.72M
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-2.46M	-21.06M	-0.88M	-0.72M	-0.72M
Net Debt Issued (Repaid)	232.87M	41.35M	304.12M	35.98M	-0.72M
Other Financing Activities	-60.39M	-33.12M	-9.22M	-1.74M	-0.12M
Free Cash Flow & Returns
Free Cash Flow	49.59M	49.85M	-299.80M	-15.35M	3.82M
Free Cash Flow Growth	-0.5%	—	—	—	-92.0%
Free Cash Flow Margin	+35.4%	+39.5%	-245.0%	-18.9%	+6.0%
Free Cash Flow Per Share	0.20	0.25	-1.62	-0.08	0.02
Operating Cash Flow Growth	+4.1%	—	—	—	-89.4%
Net Cash Flow	1.96M	-38.09M	10.03M	6.71M	1.52M
Foreign Exchange Rate Adjustments	1.52M	1.56M	4.28M	1.23M	1.34M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	52.37M	50.33M	-298.90M	-14.88M	5.10M
Free Cash Flow	49.59M	49.85M	-299.80M	-15.35M	3.82M
Capital Expenditures	-2.77M	-0.48M	-0.90M	-0.47M	-1.29M
Investing & Financing
Investing Cash Flow	-424.40M	-97.75M	8.08M	-1.23M	-4.09M
Financing Cash Flow	372.48M	7.77M	296.56M	21.60M	-0.84M
Dividends Paid	—	-13.44M	—	—	—
Share Repurchase	—	—	-4.36M	-12.65M	—
Operating Activities
Operating Cash Flow	52.37M	50.33M	-298.90M	-14.88M	5.10M
Net Income	43.08M	37.48M	35.34M	19.82M	12.99M
Change in Accounts Payable	-21.06M	298.38M	144.08M	110.44M	-12.89M
Change in Accounts Receivable	1.81M	-354.15M	-435.41M	-144.59M	-2.52M
Change in Other Net Operating Assets	-32.92M	35.97M	-50.00M	-5.00M	—
Other Operating Activities	58.78M	30.94M	5.71M	1.32M	-0.39M
Depreciation & Amortization	2.70M	2.64M	2.84M	2.77M	2.70M
Cash Interest Paid	60.39M	33.12M	9.22M	1.74M	0.12M
Cash Income Tax Paid	4.28M	3.67M	—	—	—
Investing Activities
Investing Cash Flow	-424.40M	-97.75M	8.08M	-1.23M	-4.09M
Capital Expenditures	-2.77M	-0.48M	-0.90M	-0.47M	-1.29M
Investment in Securities	-422.63M	-99.59M	8.90M	-5.67M	-2.88M
Other Investing Activities	1.22M	2.84M	0.27M	—	—
Sale (Purchase) of Intangibles	-220.32K	-519.48K	-189.20K	—	—
Loss (Gain) on Sale of Investments	-300.90K	962.73K	243.43K	495.01K	-44.74K
Financing Activities
Financing Cash Flow	372.48M	7.77M	296.56M	21.60M	-0.84M
Common Dividends Paid	—	-13.44M	—	—	—
Issuance of Common Stock	200.00M	12.98M	6.03M	—	—
Repurchase of Common Stock	—	—	-4.36M	-12.65M	—
Long-Term Debt Issued	120.00M	—	305.00M	—	—
Short-Term Debt Issued	115.33M	62.41M	—	36.70M	—
Total Debt Issued	235.33M	62.41M	305.00M	36.70M	—
Long-Term Debt Repaid	-2.46M	-21.06M	-0.88M	-0.72M	-0.72M
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-2.46M	-21.06M	-0.88M	-0.72M	-0.72M
Net Debt Issued (Repaid)	232.87M	41.35M	304.12M	35.98M	-0.72M
Other Financing Activities	-60.39M	-33.12M	-9.22M	-1.74M	-0.12M
Free Cash Flow & Returns
Free Cash Flow	49.59M	49.85M	-299.80M	-15.35M	3.82M
Free Cash Flow Growth	-0.5%	—	—	—	-92.0%
Free Cash Flow Margin	+35.4%	+39.5%	-245.0%	-18.9%	+6.0%
Free Cash Flow Per Share	0.20	0.25	-1.62	-0.08	0.02
Operating Cash Flow Growth	+4.1%	—	—	—	-89.4%
Net Cash Flow	1.96M	-38.09M	10.03M	6.71M	1.52M
Foreign Exchange Rate Adjustments	1.52M	1.56M	4.28M	1.23M	1.34M