REAL ESTATE TRADE CENTERS CO.

Marakez Real Estate Development Company K.P.S.C

MARAKEZStocksBoursa KuwaitReal Estate

Financials

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	-0.02M	0.01M	0.01M	-0.00M	0.00M
Free Cash Flow	-0.02M	0.01M	0.01M	-0.00M	-0.00M
Capital Expenditures	—	—	—	—	-862
Investing & Financing
Investing Cash Flow	—	1.55M	—	—	—
Operating Activities
Operating Cash Flow	-0.02M	0.01M	0.01M	-0.00M	0.00M
Net Income	0.83M	0.01M	1.89M	0.05M	1.93M
Change in Accounts Payable	65.23K	1.11K	89.92K	3.67K	1.04K
Change in Accounts Receivable	0.01M	0.03M	-0.03M	-0.01M	0.00M
Change in Other Net Operating Assets	—	0.07M	0.06M	0.01M	0.01M
Change in Working Capital	0.08M	0.09M	0.12M	0.01M	0.01M
Other Operating Activities	0.00M	-0.06M	-2.20M	-0.04M	0.00M
Provision & Write-off of Bad Debts	—	—	—	—	—
Depreciation & Amortization	19	20	20	28	28
Asset Writedown & Restructuring Costs	-0.92M	—	0.20M	-0.02M	-1.45M
Investing Activities
Investing Cash Flow	—	1.55M	—	—	—
Capital Expenditures	—	—	—	—	-862
Other Investing Activities	—	—	—	—	—
Sale (Purchase) of Real Estate	—	1.55M	—	—	0.00M
Loss (Gain) From Sale of Assets	—	-30.00K	—	—	-500.00K
Free Cash Flow & Returns
Free Cash Flow	-0.02M	0.01M	0.01M	-0.00M	-0.00M
Free Cash Flow Growth	—	+8,094.6%	+482.6%	—	—
Free Cash Flow Margin	-132.1%	+22.9%	+31.1%	0.0%	-0.1%
Free Cash Flow Per Share	0.00	0.00	0.00	0.00	0.00
Levered Free Cash Flow	0.03M	-0.01M	0.01M	-0.01M	0.31M
Unlevered Free Cash Flow	0.03M	-0.01M	0.01M	-0.01M	0.31M
Operating Cash Flow Growth	—	+8,094.6%	+8,853.3%	—	—
Net Cash Flow	-0.02M	1.56M	0.01M	-0.00M	0.00M

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	-0.02M	0.01M	0.01M	-0.00M	0.00M
Free Cash Flow	-0.02M	0.01M	0.01M	-0.00M	-0.00M
Capital Expenditures	—	—	—	—	-862
Investing & Financing
Investing Cash Flow	—	1.55M	—	—	—
Operating Activities
Operating Cash Flow	-0.02M	0.01M	0.01M	-0.00M	0.00M
Net Income	0.83M	0.01M	1.89M	0.05M	1.93M
Change in Accounts Payable	65.23K	1.11K	89.92K	3.67K	1.04K
Change in Accounts Receivable	0.01M	0.03M	-0.03M	-0.01M	0.00M
Change in Other Net Operating Assets	—	0.07M	0.06M	0.01M	0.01M
Change in Working Capital	0.08M	0.09M	0.12M	0.01M	0.01M
Other Operating Activities	0.00M	-0.06M	-2.20M	-0.04M	0.00M
Provision & Write-off of Bad Debts	—	—	—	—	—
Depreciation & Amortization	19	20	20	28	28
Asset Writedown & Restructuring Costs	-0.92M	—	0.20M	-0.02M	-1.45M
Investing Activities
Investing Cash Flow	—	1.55M	—	—	—
Capital Expenditures	—	—	—	—	-862
Other Investing Activities	—	—	—	—	—
Sale (Purchase) of Real Estate	—	1.55M	—	—	0.00M
Loss (Gain) From Sale of Assets	—	-30.00K	—	—	-500.00K
Free Cash Flow & Returns
Free Cash Flow	-0.02M	0.01M	0.01M	-0.00M	-0.00M
Free Cash Flow Growth	—	+8,094.6%	+482.6%	—	—
Free Cash Flow Margin	-132.1%	+22.9%	+31.1%	0.0%	-0.1%
Free Cash Flow Per Share	0.00	0.00	0.00	0.00	0.00
Levered Free Cash Flow	0.03M	-0.01M	0.01M	-0.01M	0.31M
Unlevered Free Cash Flow	0.03M	-0.01M	0.01M	-0.01M	0.31M
Operating Cash Flow Growth	—	+8,094.6%	+8,853.3%	—	—
Net Cash Flow	-0.02M	1.56M	0.01M	-0.00M	0.00M