SHUAA Capital

Shuaa Capital (P.S.C)

SHUAAStocksDubai Financial MarketDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	16.04M	10.56M	7.43M	15.73M	15.82M
Operating Income	-10.04M	-55.79M	-17.03M	-5.95M	-11.66M
Interest Income	0.01M	0.11M	—	0.12M	—
Pretax Income	-10.99M	-57.77M	-16.45M	22.45M	217.49M
Income Tax	-1.12M	-9.46M	—	0.35M	22.47M
Net Income	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Interest Income	-2.32M	-7.40M	-7.60M	-7.56M	-9.86M
Broker Commission	—	—	—	—	—
EPS (Basic)	-0.00	-0.01	-0.00	0.01	0.05
EPS (Diluted)	-0.00	-0.01	-0.00	0.01	0.05
Margins & Efficiency
Net Margin %	-60.2%	-397.4%	-215.1%	+118.6%	+1,237.3%
Revenue & Income
Revenue	16.04M	10.56M	7.43M	15.73M	15.82M
Revenue as Reported	18.37M	17.95M	15.03M	23.30M	25.68M
Revenue Growth (YoY)	+1.4%	—	—	—	-7.5%
Revenues Before Loan Losses	16.04M	10.56M	7.43M	15.73M	15.82M
Broker Commission	—	—	—	—	—
Asset Mgmt Fee	13.92M	16.58M	13.60M	12.59M	17.28M
Inv Banking Fee	—	—	0.38M	9.53M	7.35M
Trade Principal	4.45M	1.36M	1.04M	1.17M	1.04M
Interest & Investment Income	0.01M	—	—	0.12M	—
Other Revenue CM	—	0.02M	0.01M	0.01M	0.01M
Earnings From Equity Investments	-3.40M	4.39M	—	16.82M	-7.07M
Gain (Loss) on Sale of Investments	0.01M	-2.54M	-1.93M	-1.70M	-16.58M
Gain Invest Rev	—	—	—	—	—
Currency Exchange Gain (Loss)	-0.02M	-0.90M	—	—	—
Currency Gains CM	-0.02M	-0.90M	—	—	—
Expenses & Provisions
Cost Of Services Provided	23.70M	31.82M	22.07M	19.31M	25.06M
Other Operating Expenses	—	—	—	—	—
Total Operating Expenses CM	26.08M	66.35M	24.46M	21.69M	27.48M
Interest Expense	—	-44.00K	—	—	—
Other Non Oper Exp CM	2.47M	-2.93M	2.52M	13.29M	38.02M
Other Non Operating Income (Expenses)	2.46M	-2.89M	2.52M	13.17M	38.02M
Provision for Loan Losses	—	—	—	—	—
Salaries and Employee Benefits	—	—	—	—	—
Asset Writedown	—	—	—	—	—
Impairment of Goodwill	—	—	—	—	—
Profitability & Returns
EBT Excluding Unusual Items	-11.00M	-55.23M	-14.52M	24.15M	19.30M
Pretax Income	-10.99M	-57.77M	-16.45M	22.45M	217.49M
Operating Income	-10.04M	-55.79M	-17.03M	-5.95M	-11.66M
Operating Margin	-62.6%	-528.4%	-229.3%	-37.8%	-73.7%
Profit Margin	-60.2%	-397.4%	-215.1%	+118.6%	+1,237.3%
Net Income	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Income to Common	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Income to Company	-9.87M	-48.31M	-16.45M	22.10M	195.02M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	-9.87M	-48.31M	-16.45M	22.10M	195.02M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	0.22M	6.35M	0.47M	-3.45M	0.74M
Income Tax Expense	-1.12M	-9.46M	—	0.35M	22.47M
Effective Tax Rate	—	—	—	+1.6%	+10.3%
Per Share & Capital
EPS (Basic)	-0.00	-0.01	-0.00	0.01	0.05
EPS (Diluted)	-0.00	-0.01	-0.00	0.01	0.05
EPS Growth	—	—	—	—	—
Shares Change (YoY)	—	0.44	0.44	0.44	0.44
Shares Outstanding (Basic)	3.66B	3.66B	3.66B	3.66B	3.66B
Shares Outstanding (Diluted)	3.66B	3.66B	3.66B	3.66B	3.66B
Free Cash Flow	68.49M	-17.50M	-8.24M	-33.69M	23.64M
Free Cash Flow Margin	+426.9%	-165.8%	-111.0%	-214.2%	+149.4%
Free Cash Flow Per Share	0.02	-0.01	-0.00	-0.01	0.01
Payout Ratio	—	—	—	—	—
Supplemental
Int Exp CM	2.32M	7.50M	7.60M	7.56M	9.86M
Int Inc CM	—	0.11M	—	—	—
Net Int Inc CM	-2.32M	-7.40M	-7.60M	-7.56M	-9.86M
Other Unusual Suppl CM	—	—	—	—	214.78M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	16.04M	10.56M	7.43M	15.73M	15.82M
Operating Income	-10.04M	-55.79M	-17.03M	-5.95M	-11.66M
Interest Income	0.01M	0.11M	—	0.12M	—
Pretax Income	-10.99M	-57.77M	-16.45M	22.45M	217.49M
Income Tax	-1.12M	-9.46M	—	0.35M	22.47M
Net Income	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Interest Income	-2.32M	-7.40M	-7.60M	-7.56M	-9.86M
Broker Commission	—	—	—	—	—
EPS (Basic)	-0.00	-0.01	-0.00	0.01	0.05
EPS (Diluted)	-0.00	-0.01	-0.00	0.01	0.05
Margins & Efficiency
Net Margin %	-60.2%	-397.4%	-215.1%	+118.6%	+1,237.3%
Revenue & Income
Revenue	16.04M	10.56M	7.43M	15.73M	15.82M
Revenue as Reported	18.37M	17.95M	15.03M	23.30M	25.68M
Revenue Growth (YoY)	+1.4%	—	—	—	-7.5%
Revenues Before Loan Losses	16.04M	10.56M	7.43M	15.73M	15.82M
Broker Commission	—	—	—	—	—
Asset Mgmt Fee	13.92M	16.58M	13.60M	12.59M	17.28M
Inv Banking Fee	—	—	0.38M	9.53M	7.35M
Trade Principal	4.45M	1.36M	1.04M	1.17M	1.04M
Interest & Investment Income	0.01M	—	—	0.12M	—
Other Revenue CM	—	0.02M	0.01M	0.01M	0.01M
Earnings From Equity Investments	-3.40M	4.39M	—	16.82M	-7.07M
Gain (Loss) on Sale of Investments	0.01M	-2.54M	-1.93M	-1.70M	-16.58M
Gain Invest Rev	—	—	—	—	—
Currency Exchange Gain (Loss)	-0.02M	-0.90M	—	—	—
Currency Gains CM	-0.02M	-0.90M	—	—	—
Expenses & Provisions
Cost Of Services Provided	23.70M	31.82M	22.07M	19.31M	25.06M
Other Operating Expenses	—	—	—	—	—
Total Operating Expenses CM	26.08M	66.35M	24.46M	21.69M	27.48M
Interest Expense	—	-44.00K	—	—	—
Other Non Oper Exp CM	2.47M	-2.93M	2.52M	13.29M	38.02M
Other Non Operating Income (Expenses)	2.46M	-2.89M	2.52M	13.17M	38.02M
Provision for Loan Losses	—	—	—	—	—
Salaries and Employee Benefits	—	—	—	—	—
Asset Writedown	—	—	—	—	—
Impairment of Goodwill	—	—	—	—	—
Profitability & Returns
EBT Excluding Unusual Items	-11.00M	-55.23M	-14.52M	24.15M	19.30M
Pretax Income	-10.99M	-57.77M	-16.45M	22.45M	217.49M
Operating Income	-10.04M	-55.79M	-17.03M	-5.95M	-11.66M
Operating Margin	-62.6%	-528.4%	-229.3%	-37.8%	-73.7%
Profit Margin	-60.2%	-397.4%	-215.1%	+118.6%	+1,237.3%
Net Income	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Income to Common	-9.66M	-41.96M	-15.98M	18.66M	195.77M
Net Income to Company	-9.87M	-48.31M	-16.45M	22.10M	195.02M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	-9.87M	-48.31M	-16.45M	22.10M	195.02M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	0.22M	6.35M	0.47M	-3.45M	0.74M
Income Tax Expense	-1.12M	-9.46M	—	0.35M	22.47M
Effective Tax Rate	—	—	—	+1.6%	+10.3%
Per Share & Capital
EPS (Basic)	-0.00	-0.01	-0.00	0.01	0.05
EPS (Diluted)	-0.00	-0.01	-0.00	0.01	0.05
EPS Growth	—	—	—	—	—
Shares Change (YoY)	—	0.44	0.44	0.44	0.44
Shares Outstanding (Basic)	3.66B	3.66B	3.66B	3.66B	3.66B
Shares Outstanding (Diluted)	3.66B	3.66B	3.66B	3.66B	3.66B
Free Cash Flow	68.49M	-17.50M	-8.24M	-33.69M	23.64M
Free Cash Flow Margin	+426.9%	-165.8%	-111.0%	-214.2%	+149.4%
Free Cash Flow Per Share	0.02	-0.01	-0.00	-0.01	0.01
Payout Ratio	—	—	—	—	—
Supplemental
Int Exp CM	2.32M	7.50M	7.60M	7.56M	9.86M
Int Inc CM	—	0.11M	—	—	—
Net Int Inc CM	-2.32M	-7.40M	-7.60M	-7.56M	-9.86M
Other Unusual Suppl CM	—	—	—	—	214.78M