Union Properties

Union Properties (P.J.S.C)

UPPStocksDubai Financial MarketReal Estate

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	-96.29M	158.56M	18.80M	177.25M	-43.38M
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
Capital Expenditures	-17.36M	-18.31M	-11.73M	-5.68M	-17.43M
Investing & Financing
Investing Cash Flow	129.52M	204.38M	-2.68M	-71.32M	202.19M
Financing Cash Flow	-11.21M	-74.63M	-37.65M	-186.05M	-112.30M
Operating Activities
Operating Cash Flow	-96.29M	158.56M	18.80M	177.25M	-43.38M
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
Change in Accounts Payable	-91.11M	99.02M	-22.94M	-6.38M	125.85M
Change in Accounts Receivable	-18.95M	55.13M	0.68M	145.74M	-59.39M
Change in Inventory	-0.64M	2.11M	1.16M	-4.05M	1.95M
Change in Other Net Operating Assets	-1.78M	-25.26M	-31.05M	-3.40M	-145.91M
Change in Unearned Revenue	62.33M	33.02M	47.16M	24.30M	29.21M
Change in Working Capital	-50.14M	164.02M	-4.99M	156.21M	-48.30M
Other Operating Activities	32.57M	14.71M	7.89M	7.80M	31.55M
Provision & Write-off of Bad Debts	0.68M	0.24M	0.37M	—	15.14M
Depreciation & Amortization	11.37M	7.67M	4.22M	4.35M	5.82M
Other Amortization	427.00K	—	—	—	—
Cash Interest Paid	5.27M	9.42M	7.12M	6.68M	4.99M
Miscellaneous Cash Flow Adjustments	-9.06M	9.06M	—	—	—
Loss (Gain) on Equity Investments	-2.62M	-0.70M	2.56M	3.07M	3.11M
Asset Writedown & Restructuring Costs	-0.42B	—	—	—	-0.17B
Investing Activities
Investing Cash Flow	129.52M	204.38M	-2.68M	-71.32M	202.19M
Capital Expenditures	-17.36M	-18.31M	-11.73M	-5.68M	-17.43M
Cash Acquisitions	-9.70M	-90.94M	—	—	—
Investment in Securities	-102.91M	—	—	—	25.24M
Other Investing Activities	78.89M	-32.96M	12.03M	-55.02M	-0.65M
Sale (Purchase) of Real Estate	180.61M	346.59M	-2.98M	-10.63M	195.03M
Sale of Property, Plant & Equipment	—	—	—	—	—
Loss (Gain) From Sale of Assets	8.07M	-152.04M	—	—	-106.84M
Loss (Gain) on Sale of Investments	—	—	—	—	—
Financing Activities
Financing Cash Flow	-11.21M	-74.63M	-37.65M	-186.05M	-112.30M
Long-Term Debt Issued	—	—	—	25.50M	—
Total Debt Issued	-58.38M	109.70M	13.18M	25.50M	34.34M
Long-Term Debt Repaid	—	—	—	-204.87M	—
Total Debt Repaid	52.44M	-174.91M	-43.71M	-204.87M	-141.66M
Net Debt Issued (Repaid)	-5.94M	-65.20M	-30.53M	-179.37M	-107.31M
Other Financing Activities	-5.27M	-9.42M	-7.12M	-6.68M	-4.99M
Free Cash Flow & Returns
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
Free Cash Flow Growth	—	—	—	-40.3%	—
Free Cash Flow Margin	-50.7%	+71.1%	+4.6%	+105.1%	-43.5%
Free Cash Flow Per Share	-0.03	0.03	0.00	0.04	-0.01
Levered Free Cash Flow	-0.35B	0.47B	0.02B	0.16B	-0.12B
Unlevered Free Cash Flow	-0.35B	0.47B	0.03B	0.17B	-0.11B
Operating Cash Flow Growth	—	—	—	-40.0%	—
Net Cash Flow	12.95M	297.38M	-21.53M	-80.12M	46.51M

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	-96.29M	158.56M	18.80M	177.25M	-43.38M
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
Capital Expenditures	-17.36M	-18.31M	-11.73M	-5.68M	-17.43M
Investing & Financing
Investing Cash Flow	129.52M	204.38M	-2.68M	-71.32M	202.19M
Financing Cash Flow	-11.21M	-74.63M	-37.65M	-186.05M	-112.30M
Operating Activities
Operating Cash Flow	-96.29M	158.56M	18.80M	177.25M	-43.38M
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
Change in Accounts Payable	-91.11M	99.02M	-22.94M	-6.38M	125.85M
Change in Accounts Receivable	-18.95M	55.13M	0.68M	145.74M	-59.39M
Change in Inventory	-0.64M	2.11M	1.16M	-4.05M	1.95M
Change in Other Net Operating Assets	-1.78M	-25.26M	-31.05M	-3.40M	-145.91M
Change in Unearned Revenue	62.33M	33.02M	47.16M	24.30M	29.21M
Change in Working Capital	-50.14M	164.02M	-4.99M	156.21M	-48.30M
Other Operating Activities	32.57M	14.71M	7.89M	7.80M	31.55M
Provision & Write-off of Bad Debts	0.68M	0.24M	0.37M	—	15.14M
Depreciation & Amortization	11.37M	7.67M	4.22M	4.35M	5.82M
Other Amortization	427.00K	—	—	—	—
Cash Interest Paid	5.27M	9.42M	7.12M	6.68M	4.99M
Miscellaneous Cash Flow Adjustments	-9.06M	9.06M	—	—	—
Loss (Gain) on Equity Investments	-2.62M	-0.70M	2.56M	3.07M	3.11M
Asset Writedown & Restructuring Costs	-0.42B	—	—	—	-0.17B
Investing Activities
Investing Cash Flow	129.52M	204.38M	-2.68M	-71.32M	202.19M
Capital Expenditures	-17.36M	-18.31M	-11.73M	-5.68M	-17.43M
Cash Acquisitions	-9.70M	-90.94M	—	—	—
Investment in Securities	-102.91M	—	—	—	25.24M
Other Investing Activities	78.89M	-32.96M	12.03M	-55.02M	-0.65M
Sale (Purchase) of Real Estate	180.61M	346.59M	-2.98M	-10.63M	195.03M
Sale of Property, Plant & Equipment	—	—	—	—	—
Loss (Gain) From Sale of Assets	8.07M	-152.04M	—	—	-106.84M
Loss (Gain) on Sale of Investments	—	—	—	—	—
Financing Activities
Financing Cash Flow	-11.21M	-74.63M	-37.65M	-186.05M	-112.30M
Long-Term Debt Issued	—	—	—	25.50M	—
Total Debt Issued	-58.38M	109.70M	13.18M	25.50M	34.34M
Long-Term Debt Repaid	—	—	—	-204.87M	—
Total Debt Repaid	52.44M	-174.91M	-43.71M	-204.87M	-141.66M
Net Debt Issued (Repaid)	-5.94M	-65.20M	-30.53M	-179.37M	-107.31M
Other Financing Activities	-5.27M	-9.42M	-7.12M	-6.68M	-4.99M
Free Cash Flow & Returns
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
Free Cash Flow Growth	—	—	—	-40.3%	—
Free Cash Flow Margin	-50.7%	+71.1%	+4.6%	+105.1%	-43.5%
Free Cash Flow Per Share	-0.03	0.03	0.00	0.04	-0.01
Levered Free Cash Flow	-0.35B	0.47B	0.02B	0.16B	-0.12B
Unlevered Free Cash Flow	-0.35B	0.47B	0.03B	0.17B	-0.11B
Operating Cash Flow Growth	—	—	—	-40.0%	—
Net Cash Flow	12.95M	297.38M	-21.53M	-80.12M	46.51M