Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	60.58M	63.32M	51.89M	54.74M	85.56M
Cost of Revenue	63.99M	58.77M	44.38M	47.35M	51.64M
Gross Profit	-3.41M	4.55M	7.51M	7.39M	33.92M
SG&A	11.76M	10.77M	12.98M	12.13M	11.81M
Operating Expenses	11.77M	10.77M	13.63M	15.24M	11.81M
Operating Income	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
Interest Income	2.24M	2.83M	1.74M	1.22M	0.59M
Interest Expense	-1.35M	-0.28M	-0.21M	-0.12M	-0.13M
Other Income/Expense	2.36M	1.02M	10.82M	0.61M	0.64M
Pretax Income	-30.28M	-11.48M	9.37M	-3.52M	24.19M
Income Tax	0.52M	1.22M	4.25M	2.92M	3.43M
Net Income	-30.80M	-12.69M	5.13M	-6.44M	20.76M
EBITDA	-5.17M	4.10M	3.78M	3.57M	30.93M
EBIT	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
EPS (Basic)	-0.97	-0.40	0.16	-0.20	0.66
EPS (Diluted)	-0.97	-0.40	0.16	-0.20	0.66
DPS	—	—	—	—	0.10
Margins & Efficiency
Gross Margin %	-5.6%	+7.2%	+14.5%	+13.5%	+39.6%
EBITDA Margin %	-8.5%	+6.5%	+7.3%	+6.5%	+36.1%
Net Margin %	-50.8%	-20.0%	+9.9%	-11.8%	+24.3%
Revenue & Income
Revenue	60.58M	63.32M	51.89M	54.74M	85.56M
Revenue Growth (YoY)	-4.3%	+22.0%	-5.2%	-36.0%	-17.5%
Interest & Investment Income	2.24M	2.83M	1.74M	1.22M	0.59M
Earnings From Equity Investments	0.66M	1.68M	3.00M	2.52M	0.98M
Gain (Loss) on Sale of Investments	-42.47K	194.60K	146.40K	89.52K	—
Expenses & Provisions
Advertising Expenses	108.39K	125.89K	78.50K	311.28K	65.76K
Cost of Revenue	63.99M	58.77M	44.38M	47.35M	51.64M
Selling, General & Admin	11.76M	10.77M	12.98M	12.13M	11.81M
Operating Expenses	11.77M	10.77M	13.63M	15.24M	11.81M
Interest Expense	-1.35M	-0.28M	-0.21M	-0.12M	-0.13M
Other Non Operating Income (Expenses)	2.36M	1.02M	10.82M	0.61M	0.64M
Legal Settlements	—	-10.70M	—	—	—
Asset Writedown	-19.08M	—	—	—	—
D&A For EBITDA	10.01M	10.32M	9.90M	11.42M	8.81M
Profitability & Returns
Gross Profit	-3.41M	4.55M	7.51M	7.39M	33.92M
Gross Margin	-5.6%	+7.2%	+14.5%	+13.5%	+39.6%
EBIT	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
EBIT Margin	-25.1%	-9.8%	-11.8%	-14.3%	+25.8%
EBITDA	-5.17M	4.10M	3.78M	3.57M	30.93M
EBITDA Margin	-8.5%	+6.5%	+7.3%	+6.5%	+36.1%
EBT Excluding Unusual Items	-11.26M	-0.97M	9.23M	-3.61M	24.19M
Pretax Income	-30.28M	-11.48M	9.37M	-3.52M	24.19M
Operating Income	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
Operating Margin	-25.1%	-9.8%	-11.8%	-14.3%	+25.8%
Profit Margin	-50.8%	-20.0%	+9.9%	-11.8%	+24.3%
Net Income	-30.80M	-12.69M	5.13M	-6.44M	20.76M
Net Income to Common	-30.80M	-12.69M	5.13M	-6.44M	20.76M
Net Income Growth	—	—	—	—	-34.7%
Income Tax Expense	0.52M	1.22M	4.25M	2.92M	3.43M
Effective Tax Rate	—	—	+45.3%	—	+14.2%
Per Share & Capital
EPS (Basic)	-0.97	-0.40	0.16	-0.20	0.66
EPS (Diluted)	-0.97	-0.40	0.16	-0.20	0.66
EPS Growth	—	—	—	—	-34.7%
Dividend Per Share	—	—	—	—	0.10
Shares Outstanding (Basic)	31.67M	31.67M	31.67M	31.67M	31.67M
Shares Outstanding (Diluted)	31.67M	31.67M	31.67M	31.67M	31.67M
Dividend Growth	—	—	—	—	-83.3%
Free Cash Flow	-36.01M	-33.05M	-11.30M	-5.86M	12.98M
Free Cash Flow Margin	-59.4%	-52.2%	-21.8%	-10.7%	+15.2%
Free Cash Flow Per Share	-1.14	-1.04	-0.36	-0.19	0.41
Payout Ratio	—	—	—	—	+91.5%
Supplemental
Other Unusual Items	108.83K	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	60.58M	63.32M	51.89M	54.74M	85.56M
Cost of Revenue	63.99M	58.77M	44.38M	47.35M	51.64M
Gross Profit	-3.41M	4.55M	7.51M	7.39M	33.92M
SG&A	11.76M	10.77M	12.98M	12.13M	11.81M
Operating Expenses	11.77M	10.77M	13.63M	15.24M	11.81M
Operating Income	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
Interest Income	2.24M	2.83M	1.74M	1.22M	0.59M
Interest Expense	-1.35M	-0.28M	-0.21M	-0.12M	-0.13M
Other Income/Expense	2.36M	1.02M	10.82M	0.61M	0.64M
Pretax Income	-30.28M	-11.48M	9.37M	-3.52M	24.19M
Income Tax	0.52M	1.22M	4.25M	2.92M	3.43M
Net Income	-30.80M	-12.69M	5.13M	-6.44M	20.76M
EBITDA	-5.17M	4.10M	3.78M	3.57M	30.93M
EBIT	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
EPS (Basic)	-0.97	-0.40	0.16	-0.20	0.66
EPS (Diluted)	-0.97	-0.40	0.16	-0.20	0.66
DPS	—	—	—	—	0.10
Margins & Efficiency
Gross Margin %	-5.6%	+7.2%	+14.5%	+13.5%	+39.6%
EBITDA Margin %	-8.5%	+6.5%	+7.3%	+6.5%	+36.1%
Net Margin %	-50.8%	-20.0%	+9.9%	-11.8%	+24.3%
Revenue & Income
Revenue	60.58M	63.32M	51.89M	54.74M	85.56M
Revenue Growth (YoY)	-4.3%	+22.0%	-5.2%	-36.0%	-17.5%
Interest & Investment Income	2.24M	2.83M	1.74M	1.22M	0.59M
Earnings From Equity Investments	0.66M	1.68M	3.00M	2.52M	0.98M
Gain (Loss) on Sale of Investments	-42.47K	194.60K	146.40K	89.52K	—
Expenses & Provisions
Advertising Expenses	108.39K	125.89K	78.50K	311.28K	65.76K
Cost of Revenue	63.99M	58.77M	44.38M	47.35M	51.64M
Selling, General & Admin	11.76M	10.77M	12.98M	12.13M	11.81M
Operating Expenses	11.77M	10.77M	13.63M	15.24M	11.81M
Interest Expense	-1.35M	-0.28M	-0.21M	-0.12M	-0.13M
Other Non Operating Income (Expenses)	2.36M	1.02M	10.82M	0.61M	0.64M
Legal Settlements	—	-10.70M	—	—	—
Asset Writedown	-19.08M	—	—	—	—
D&A For EBITDA	10.01M	10.32M	9.90M	11.42M	8.81M
Profitability & Returns
Gross Profit	-3.41M	4.55M	7.51M	7.39M	33.92M
Gross Margin	-5.6%	+7.2%	+14.5%	+13.5%	+39.6%
EBIT	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
EBIT Margin	-25.1%	-9.8%	-11.8%	-14.3%	+25.8%
EBITDA	-5.17M	4.10M	3.78M	3.57M	30.93M
EBITDA Margin	-8.5%	+6.5%	+7.3%	+6.5%	+36.1%
EBT Excluding Unusual Items	-11.26M	-0.97M	9.23M	-3.61M	24.19M
Pretax Income	-30.28M	-11.48M	9.37M	-3.52M	24.19M
Operating Income	-15.18M	-6.22M	-6.12M	-7.85M	22.12M
Operating Margin	-25.1%	-9.8%	-11.8%	-14.3%	+25.8%
Profit Margin	-50.8%	-20.0%	+9.9%	-11.8%	+24.3%
Net Income	-30.80M	-12.69M	5.13M	-6.44M	20.76M
Net Income to Common	-30.80M	-12.69M	5.13M	-6.44M	20.76M
Net Income Growth	—	—	—	—	-34.7%
Income Tax Expense	0.52M	1.22M	4.25M	2.92M	3.43M
Effective Tax Rate	—	—	+45.3%	—	+14.2%
Per Share & Capital
EPS (Basic)	-0.97	-0.40	0.16	-0.20	0.66
EPS (Diluted)	-0.97	-0.40	0.16	-0.20	0.66
EPS Growth	—	—	—	—	-34.7%
Dividend Per Share	—	—	—	—	0.10
Shares Outstanding (Basic)	31.67M	31.67M	31.67M	31.67M	31.67M
Shares Outstanding (Diluted)	31.67M	31.67M	31.67M	31.67M	31.67M
Dividend Growth	—	—	—	—	-83.3%
Free Cash Flow	-36.01M	-33.05M	-11.30M	-5.86M	12.98M
Free Cash Flow Margin	-59.4%	-52.2%	-21.8%	-10.7%	+15.2%
Free Cash Flow Per Share	-1.14	-1.04	-0.36	-0.19	0.41
Payout Ratio	—	—	—	—	+91.5%
Supplemental
Other Unusual Items	108.83K	—	—	—	—

Financials

Annual (SAR)

NGC

Annual (SAR)