AJIAL REAL ESTATE ENTERTAINMENT CO.

Ajial Real Estate Entertainment Co.(K.S.C.)

AREECStocksBoursa KuwaitDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	4.72M	4.04M	2.06M	1.48M	1.55M
Real Estate Asset Acquisitions	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Investing & Financing
Investing Cash Flow	0.78M	-0.64M	4.12M	-5.48M	-8.76M
Dividends Paid	-4.09M	-1.98M	-0.96M	-0.92M	-0.01M
Operating Activities
Operating Cash Flow	4.72M	4.04M	2.06M	1.48M	1.55M
Net Income	6.30M	5.91M	4.47M	4.00M	4.17M
Change Accounts Payable RE	-0.10M	-0.54M	-1.11M	0.50M	0.85M
Change Accounts Receivable RE	-191.53K	-238.59K	-194.85K	400.25K	596.05K
Change in Working Capital	-0.27M	-0.76M	-1.39M	0.89M	1.45M
Other Operating Activities RE	1.36M	1.61M	1.66M	0.87M	-0.26M
Depreciation & Amortization	221.66K	219.35K	158.61K	77.74K	94.63K
Cash Interest Paid	1.25M	1.50M	1.55M	0.77M	0.43M
Cash Income Tax Paid	216.54K	143.93K	66.58K	109.37K	—
Loss (Gain) on Equity Investments	-3.49M	-3.25M	-2.88M	-2.61M	-3.34M
Asset Writedown Cfre	0.31M	0.35M	0.05M	-1.96M	-0.33M
Investing Activities
Investing Cash Flow	0.78M	-0.64M	4.12M	-5.48M	-8.76M
Invest In Securities RE	-1.44M	-2.72M	3.03M	-0.99M	0.19M
Other Investing Activities RE	2.44M	2.72M	1.99M	1.27M	0.82M
Acquisition Real Estate Assets	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Net Sale Acquisition Real Estate Assets	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Loss (Gain) on Sale of Investments	61.81K	-264.34K	-134.70K	217.35K	-332.94K
Financing Activities
Common Dividends Paid	-4.09M	-1.98M	-0.96M	-0.92M	-0.01M
Long-Term Debt Issued	—	—	—	4.70M	7.40M
Long-Term Debt Repaid	—	-1.75M	-0.75M	-0.27M	-0.09M
Total Debt Repaid	—	-1.75M	-0.75M	-0.27M	-0.09M
Net Debt Issued (Repaid)	—	-1.75M	-0.75M	4.43M	7.31M
Other Financing Activities RE	-1.25M	-1.50M	-1.55M	-0.77M	-0.43M
Free Cash Flow & Returns
Levered Free Cash Flow	4.76M	4.19M	1.74M	2.75M	4.06M
Unlevered Free Cash Flow	5.69M	5.21M	2.80M	3.23M	4.33M
Operating Cash Flow Growth	+16.9%	+95.6%	+39.5%	-4.5%	+265.3%
Net Cash Flow	0.15M	-1.84M	2.92M	-1.25M	-0.34M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	4.72M	4.04M	2.06M	1.48M	1.55M
Real Estate Asset Acquisitions	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Investing & Financing
Investing Cash Flow	0.78M	-0.64M	4.12M	-5.48M	-8.76M
Dividends Paid	-4.09M	-1.98M	-0.96M	-0.92M	-0.01M
Operating Activities
Operating Cash Flow	4.72M	4.04M	2.06M	1.48M	1.55M
Net Income	6.30M	5.91M	4.47M	4.00M	4.17M
Change Accounts Payable RE	-0.10M	-0.54M	-1.11M	0.50M	0.85M
Change Accounts Receivable RE	-191.53K	-238.59K	-194.85K	400.25K	596.05K
Change in Working Capital	-0.27M	-0.76M	-1.39M	0.89M	1.45M
Other Operating Activities RE	1.36M	1.61M	1.66M	0.87M	-0.26M
Depreciation & Amortization	221.66K	219.35K	158.61K	77.74K	94.63K
Cash Interest Paid	1.25M	1.50M	1.55M	0.77M	0.43M
Cash Income Tax Paid	216.54K	143.93K	66.58K	109.37K	—
Loss (Gain) on Equity Investments	-3.49M	-3.25M	-2.88M	-2.61M	-3.34M
Asset Writedown Cfre	0.31M	0.35M	0.05M	-1.96M	-0.33M
Investing Activities
Investing Cash Flow	0.78M	-0.64M	4.12M	-5.48M	-8.76M
Invest In Securities RE	-1.44M	-2.72M	3.03M	-0.99M	0.19M
Other Investing Activities RE	2.44M	2.72M	1.99M	1.27M	0.82M
Acquisition Real Estate Assets	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Net Sale Acquisition Real Estate Assets	-0.23M	-0.64M	-0.91M	-5.76M	-9.77M
Loss (Gain) on Sale of Investments	61.81K	-264.34K	-134.70K	217.35K	-332.94K
Financing Activities
Common Dividends Paid	-4.09M	-1.98M	-0.96M	-0.92M	-0.01M
Long-Term Debt Issued	—	—	—	4.70M	7.40M
Long-Term Debt Repaid	—	-1.75M	-0.75M	-0.27M	-0.09M
Total Debt Repaid	—	-1.75M	-0.75M	-0.27M	-0.09M
Net Debt Issued (Repaid)	—	-1.75M	-0.75M	4.43M	7.31M
Other Financing Activities RE	-1.25M	-1.50M	-1.55M	-0.77M	-0.43M
Free Cash Flow & Returns
Levered Free Cash Flow	4.76M	4.19M	1.74M	2.75M	4.06M
Unlevered Free Cash Flow	5.69M	5.21M	2.80M	3.23M	4.33M
Operating Cash Flow Growth	+16.9%	+95.6%	+39.5%	-4.5%	+265.3%
Net Cash Flow	0.15M	-1.84M	2.92M	-1.25M	-0.34M