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
Operating Summary
Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Cost of Revenue	207.48M	175.38M	119.53M	120.46M	112.37M
Gross Profit	16.54M	21.82M	32.91M	42.77M	27.29M
SG&A	62.66M	37.81M	32.66M	34.86M	36.98M
Operating Expenses	81.27M	29.60M	19.36M	29.28M	43.07M
Operating Income	-64.73M	-7.78M	13.54M	13.49M	-15.77M
Interest Income	1.95M	0.44M	0.45M	0.12M	0.06M
Interest Expense	-3.51M	-9.69M	-7.38M	-6.90M	-7.37M
Other Income/Expense	6.24M	4.00M	5.65M	—	-2.33M
Pretax Income	354.87M	137.01M	9.71M	6.82M	244.41M
Income Tax	31.65M	12.34M	0.96M	1.01M	21.91M
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
EBITDA	-55.71M	-0.68M	17.21M	17.30M	-10.50M
EBIT	-64.73M	-7.78M	13.54M	13.49M	-15.77M
EPS (Basic)	0.08	0.03	0.00	0.00	0.05
EPS (Diluted)	0.08	0.03	0.00	0.00	0.05
Margins & Efficiency
Gross Margin %	+7.4%	+11.1%	+21.6%	+26.2%	+19.5%
EBITDA Margin %	-24.9%	-0.3%	+11.3%	+10.6%	-7.5%
Net Margin %	+144.3%	+63.2%	+5.7%	+3.6%	+159.3%
Revenue & Income
Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Revenue Growth (YoY)	+60.4%	+59.9%	+19.4%	+18.2%	-2.8%
Operating Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Interest & Investment Income	1.95M	0.44M	0.45M	0.12M	0.06M
Earnings From Equity Investments	2.62M	0.70M	-2.56M	-3.07M	-3.11M
Gain (Loss) on Sale of Assets	136.81M	152.04M	—	—	106.58M
Gain (Loss) on Sale of Investments	—	—	—	—	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	207.48M	175.38M	119.53M	120.46M	112.37M
Selling, General & Admin	62.66M	37.81M	32.66M	34.86M	36.98M
Operating Expenses	81.27M	29.60M	19.36M	29.28M	43.07M
Other Operating Expenses	-6.54M	-8.22M	-13.30M	-5.59M	-15.33M
Interest Expense	-3.51M	-9.69M	-7.38M	-6.90M	-7.37M
Other Non Operating Income (Expenses)	6.24M	4.00M	5.65M	—	-2.33M
Legal Settlements	3.00M	—	—	—	—
Merger & Restructuring Charges	—	-2.70M	—	—	—
Asset Writedown	0.28B	—	—	—	0.17B
D&A For EBITDA	9.02M	7.10M	3.66M	3.81M	5.27M
Profitability & Returns
Gross Profit	16.54M	21.82M	32.91M	42.77M	27.29M
Gross Margin	+7.4%	+11.1%	+21.6%	+26.2%	+19.5%
EBIT	-64.73M	-7.78M	13.54M	13.49M	-15.77M
EBIT Margin	-28.9%	-3.9%	+8.9%	+8.3%	-11.3%
EBITDA	-55.71M	-0.68M	17.21M	17.30M	-10.50M
EBITDA Margin	-24.9%	-0.3%	+11.3%	+10.6%	-7.5%
EBT Excluding Unusual Items	-57.43M	-12.33M	9.71M	3.64M	-28.52M
Pretax Income	354.87M	137.01M	9.71M	6.82M	244.41M
Operating Income	-64.73M	-7.78M	13.54M	13.49M	-15.77M
Operating Margin	-28.9%	-3.9%	+8.9%	+8.3%	-11.3%
Profit Margin	+144.3%	+63.2%	+5.7%	+3.6%	+159.3%
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
Net Income to Common	323.23M	124.67M	8.75M	5.81M	222.50M
Net Income Growth	+45.3%	+578.6%	-52.2%	-64.7%	-72.2%
Income Tax Expense	31.65M	12.34M	0.96M	1.01M	21.91M
Effective Tax Rate	+8.9%	+9.0%	+9.9%	+14.8%	+9.0%
Per Share & Capital
EPS (Basic)	0.08	0.03	0.00	0.00	0.05
EPS (Diluted)	0.08	0.03	0.00	0.00	0.05
EPS Growth	+45.3%	+578.7%	-52.2%	-64.7%	-72.2%
Dividend Per Share	0.03	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	4.29B	4.29B	4.29B	4.29B	4.29B
Shares Outstanding (Diluted)	4.29B	4.29B	4.29B	4.29B	4.29B
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
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
Supplemental
Other Unusual Items	-3.00M	—	—	3.19M	—

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
Operating Summary
Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Cost of Revenue	207.48M	175.38M	119.53M	120.46M	112.37M
Gross Profit	16.54M	21.82M	32.91M	42.77M	27.29M
SG&A	62.66M	37.81M	32.66M	34.86M	36.98M
Operating Expenses	81.27M	29.60M	19.36M	29.28M	43.07M
Operating Income	-64.73M	-7.78M	13.54M	13.49M	-15.77M
Interest Income	1.95M	0.44M	0.45M	0.12M	0.06M
Interest Expense	-3.51M	-9.69M	-7.38M	-6.90M	-7.37M
Other Income/Expense	6.24M	4.00M	5.65M	—	-2.33M
Pretax Income	354.87M	137.01M	9.71M	6.82M	244.41M
Income Tax	31.65M	12.34M	0.96M	1.01M	21.91M
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
EBITDA	-55.71M	-0.68M	17.21M	17.30M	-10.50M
EBIT	-64.73M	-7.78M	13.54M	13.49M	-15.77M
EPS (Basic)	0.08	0.03	0.00	0.00	0.05
EPS (Diluted)	0.08	0.03	0.00	0.00	0.05
Margins & Efficiency
Gross Margin %	+7.4%	+11.1%	+21.6%	+26.2%	+19.5%
EBITDA Margin %	-24.9%	-0.3%	+11.3%	+10.6%	-7.5%
Net Margin %	+144.3%	+63.2%	+5.7%	+3.6%	+159.3%
Revenue & Income
Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Revenue Growth (YoY)	+60.4%	+59.9%	+19.4%	+18.2%	-2.8%
Operating Revenue	224.02M	197.20M	152.44M	163.23M	139.67M
Interest & Investment Income	1.95M	0.44M	0.45M	0.12M	0.06M
Earnings From Equity Investments	2.62M	0.70M	-2.56M	-3.07M	-3.11M
Gain (Loss) on Sale of Assets	136.81M	152.04M	—	—	106.58M
Gain (Loss) on Sale of Investments	—	—	—	—	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	207.48M	175.38M	119.53M	120.46M	112.37M
Selling, General & Admin	62.66M	37.81M	32.66M	34.86M	36.98M
Operating Expenses	81.27M	29.60M	19.36M	29.28M	43.07M
Other Operating Expenses	-6.54M	-8.22M	-13.30M	-5.59M	-15.33M
Interest Expense	-3.51M	-9.69M	-7.38M	-6.90M	-7.37M
Other Non Operating Income (Expenses)	6.24M	4.00M	5.65M	—	-2.33M
Legal Settlements	3.00M	—	—	—	—
Merger & Restructuring Charges	—	-2.70M	—	—	—
Asset Writedown	0.28B	—	—	—	0.17B
D&A For EBITDA	9.02M	7.10M	3.66M	3.81M	5.27M
Profitability & Returns
Gross Profit	16.54M	21.82M	32.91M	42.77M	27.29M
Gross Margin	+7.4%	+11.1%	+21.6%	+26.2%	+19.5%
EBIT	-64.73M	-7.78M	13.54M	13.49M	-15.77M
EBIT Margin	-28.9%	-3.9%	+8.9%	+8.3%	-11.3%
EBITDA	-55.71M	-0.68M	17.21M	17.30M	-10.50M
EBITDA Margin	-24.9%	-0.3%	+11.3%	+10.6%	-7.5%
EBT Excluding Unusual Items	-57.43M	-12.33M	9.71M	3.64M	-28.52M
Pretax Income	354.87M	137.01M	9.71M	6.82M	244.41M
Operating Income	-64.73M	-7.78M	13.54M	13.49M	-15.77M
Operating Margin	-28.9%	-3.9%	+8.9%	+8.3%	-11.3%
Profit Margin	+144.3%	+63.2%	+5.7%	+3.6%	+159.3%
Net Income	323.23M	124.67M	8.75M	5.81M	222.50M
Net Income to Common	323.23M	124.67M	8.75M	5.81M	222.50M
Net Income Growth	+45.3%	+578.6%	-52.2%	-64.7%	-72.2%
Income Tax Expense	31.65M	12.34M	0.96M	1.01M	21.91M
Effective Tax Rate	+8.9%	+9.0%	+9.9%	+14.8%	+9.0%
Per Share & Capital
EPS (Basic)	0.08	0.03	0.00	0.00	0.05
EPS (Diluted)	0.08	0.03	0.00	0.00	0.05
EPS Growth	+45.3%	+578.7%	-52.2%	-64.7%	-72.2%
Dividend Per Share	0.03	—	—	—	—
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	4.29B	4.29B	4.29B	4.29B	4.29B
Shares Outstanding (Diluted)	4.29B	4.29B	4.29B	4.29B	4.29B
Free Cash Flow	-113.66M	140.25M	7.07M	171.57M	-60.81M
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
Supplemental
Other Unusual Items	-3.00M	—	—	3.19M	—