LAZURDE

Lazurde Company for Jewelry

4011StocksTadawulConsumer Discretionary

Financials

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	2.90B	2.11B	1.86B	2.00B	1.97B
Cost of Revenue	2.94B	1.88B	1.62B	1.67B	1.66B
Gross Profit	-38.42M	225.88M	247.43M	326.39M	307.01M
SG&A	—	165.08M	167.38M	237.60M	222.53M
Operating Expenses	—	163.17M	168.28M	241.35M	225.97M
Operating Income	-38.42M	62.71M	79.15M	85.04M	81.04M
Interest Expense	—	-37.42M	-32.27M	-31.39M	-30.80M
Other Income/Expense	—	-18.12M	-7.12M	-4.48M	-2.97M
Pretax Income	-38.42M	25.21M	45.85M	52.38M	40.02M
Income Tax	3.76M	13.51M	15.02M	18.22M	17.98M
Net Income	-42.17M	11.70M	30.83M	34.16M	22.04M
EBITDA	-25.90M	73.19M	90.71M	101.05M	99.28M
EBIT	-38.42M	62.71M	79.15M	85.04M	81.04M
EPS (Basic)	-0.73	0.20	0.54	0.59	0.44
EPS (Diluted)	-0.73	0.20	0.54	0.59	0.44
DPS	—	—	0.30	0.30	0.25
Margins & Efficiency
Gross Margin %	-1.3%	+10.7%	+13.3%	+16.3%	+15.6%
EBITDA Margin %	-0.9%	+3.5%	+4.9%	+5.1%	+5.0%
Net Margin %	-1.5%	+0.6%	+1.7%	+1.7%	+1.1%
Revenue & Income
Revenue	2.90B	2.11B	1.86B	2.00B	1.97B
Revenue as Reported	—	2.11B	1.86B	2.00B	1.97B
Revenue Growth (YoY)	+37.8%	+13.1%	-6.8%	+1.4%	+54.2%
Gain (Loss) on Sale of Assets	—	0.42M	12.68M	-0.34M	0.24M
Currency Exchange Gain (Loss)	—	17.61M	-6.59M	3.55M	-0.15M
Expenses & Provisions
Advertising Expenses	—	16.68M	15.00M	31.11M	32.47M
Cost of Revenue	2.94B	1.88B	1.62B	1.67B	1.66B
Selling, General & Admin	—	165.08M	167.38M	237.60M	222.53M
Operating Expenses	—	163.17M	168.28M	241.35M	225.97M
Other Operating Expenses	—	-10.57M	—	—	—
Interest Expense	—	-37.42M	-32.27M	-31.39M	-30.80M
Other Non Operating Income (Expenses)	—	-18.12M	-7.12M	-4.48M	-2.97M
Merger & Restructuring Charges	—	—	—	—	-7.34M
D&A For EBITDA	12.52M	10.48M	11.56M	16.00M	18.24M
Profitability & Returns
Gross Profit	-38.42M	225.88M	247.43M	326.39M	307.01M
Gross Margin	-1.3%	+10.7%	+13.3%	+16.3%	+15.6%
EBIT	-38.42M	62.71M	79.15M	85.04M	81.04M
EBIT Margin	-1.3%	+3.0%	+4.2%	+4.3%	+4.1%
EBITDA	-25.90M	73.19M	90.71M	101.05M	99.28M
EBITDA Margin	-0.9%	+3.5%	+4.9%	+5.1%	+5.0%
EBT Excluding Unusual Items	-38.42M	24.78M	33.17M	52.72M	47.13M
Pretax Income	-38.42M	25.21M	45.85M	52.38M	40.02M
Operating Income	-38.42M	62.71M	79.15M	85.04M	81.04M
Operating Margin	-1.3%	+3.0%	+4.2%	+4.3%	+4.1%
Profit Margin	-1.5%	+0.6%	+1.7%	+1.7%	+1.1%
Net Income	-42.17M	11.70M	30.83M	34.16M	22.04M
Net Income to Common	-42.17M	11.70M	30.83M	34.16M	22.04M
Net Income Growth	—	-62.1%	-9.7%	+55.0%	—
Income Tax Expense	3.76M	13.51M	15.02M	18.22M	17.98M
Effective Tax Rate	—	+53.6%	+32.8%	+34.8%	+44.9%
Per Share & Capital
EPS (Basic)	-0.73	0.20	0.54	0.59	0.44
EPS (Diluted)	-0.73	0.20	0.54	0.59	0.44
EPS Growth	—	-62.1%	-9.1%	+34.5%	—
Dividend Per Share	—	—	0.30	0.30	0.25
Shares Change (YoY)	0	—	—	0.14	0.17
Shares Outstanding (Basic)	57.77M	57.50M	57.50M	57.50M	50.25M
Shares Outstanding (Diluted)	57.77M	57.50M	57.50M	57.50M	50.25M
Dividend Growth	—	—	—	+20.0%	—
Free Cash Flow	46.25M	48.50M	40.69M	57.56M	65.52M
Free Cash Flow Margin	+1.6%	+2.3%	+2.2%	+2.9%	+3.3%
Free Cash Flow Per Share	0.80	0.84	0.71	1.00	1.30
Payout Ratio	—	+147.4%	+55.9%	+45.4%	—
Supplemental
Other Unusual Items	—	—	—	—	—

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	2.90B	2.11B	1.86B	2.00B	1.97B
Cost of Revenue	2.94B	1.88B	1.62B	1.67B	1.66B
Gross Profit	-38.42M	225.88M	247.43M	326.39M	307.01M
SG&A	—	165.08M	167.38M	237.60M	222.53M
Operating Expenses	—	163.17M	168.28M	241.35M	225.97M
Operating Income	-38.42M	62.71M	79.15M	85.04M	81.04M
Interest Expense	—	-37.42M	-32.27M	-31.39M	-30.80M
Other Income/Expense	—	-18.12M	-7.12M	-4.48M	-2.97M
Pretax Income	-38.42M	25.21M	45.85M	52.38M	40.02M
Income Tax	3.76M	13.51M	15.02M	18.22M	17.98M
Net Income	-42.17M	11.70M	30.83M	34.16M	22.04M
EBITDA	-25.90M	73.19M	90.71M	101.05M	99.28M
EBIT	-38.42M	62.71M	79.15M	85.04M	81.04M
EPS (Basic)	-0.73	0.20	0.54	0.59	0.44
EPS (Diluted)	-0.73	0.20	0.54	0.59	0.44
DPS	—	—	0.30	0.30	0.25
Margins & Efficiency
Gross Margin %	-1.3%	+10.7%	+13.3%	+16.3%	+15.6%
EBITDA Margin %	-0.9%	+3.5%	+4.9%	+5.1%	+5.0%
Net Margin %	-1.5%	+0.6%	+1.7%	+1.7%	+1.1%
Revenue & Income
Revenue	2.90B	2.11B	1.86B	2.00B	1.97B
Revenue as Reported	—	2.11B	1.86B	2.00B	1.97B
Revenue Growth (YoY)	+37.8%	+13.1%	-6.8%	+1.4%	+54.2%
Gain (Loss) on Sale of Assets	—	0.42M	12.68M	-0.34M	0.24M
Currency Exchange Gain (Loss)	—	17.61M	-6.59M	3.55M	-0.15M
Expenses & Provisions
Advertising Expenses	—	16.68M	15.00M	31.11M	32.47M
Cost of Revenue	2.94B	1.88B	1.62B	1.67B	1.66B
Selling, General & Admin	—	165.08M	167.38M	237.60M	222.53M
Operating Expenses	—	163.17M	168.28M	241.35M	225.97M
Other Operating Expenses	—	-10.57M	—	—	—
Interest Expense	—	-37.42M	-32.27M	-31.39M	-30.80M
Other Non Operating Income (Expenses)	—	-18.12M	-7.12M	-4.48M	-2.97M
Merger & Restructuring Charges	—	—	—	—	-7.34M
D&A For EBITDA	12.52M	10.48M	11.56M	16.00M	18.24M
Profitability & Returns
Gross Profit	-38.42M	225.88M	247.43M	326.39M	307.01M
Gross Margin	-1.3%	+10.7%	+13.3%	+16.3%	+15.6%
EBIT	-38.42M	62.71M	79.15M	85.04M	81.04M
EBIT Margin	-1.3%	+3.0%	+4.2%	+4.3%	+4.1%
EBITDA	-25.90M	73.19M	90.71M	101.05M	99.28M
EBITDA Margin	-0.9%	+3.5%	+4.9%	+5.1%	+5.0%
EBT Excluding Unusual Items	-38.42M	24.78M	33.17M	52.72M	47.13M
Pretax Income	-38.42M	25.21M	45.85M	52.38M	40.02M
Operating Income	-38.42M	62.71M	79.15M	85.04M	81.04M
Operating Margin	-1.3%	+3.0%	+4.2%	+4.3%	+4.1%
Profit Margin	-1.5%	+0.6%	+1.7%	+1.7%	+1.1%
Net Income	-42.17M	11.70M	30.83M	34.16M	22.04M
Net Income to Common	-42.17M	11.70M	30.83M	34.16M	22.04M
Net Income Growth	—	-62.1%	-9.7%	+55.0%	—
Income Tax Expense	3.76M	13.51M	15.02M	18.22M	17.98M
Effective Tax Rate	—	+53.6%	+32.8%	+34.8%	+44.9%
Per Share & Capital
EPS (Basic)	-0.73	0.20	0.54	0.59	0.44
EPS (Diluted)	-0.73	0.20	0.54	0.59	0.44
EPS Growth	—	-62.1%	-9.1%	+34.5%	—
Dividend Per Share	—	—	0.30	0.30	0.25
Shares Change (YoY)	0	—	—	0.14	0.17
Shares Outstanding (Basic)	57.77M	57.50M	57.50M	57.50M	50.25M
Shares Outstanding (Diluted)	57.77M	57.50M	57.50M	57.50M	50.25M
Dividend Growth	—	—	—	+20.0%	—
Free Cash Flow	46.25M	48.50M	40.69M	57.56M	65.52M
Free Cash Flow Margin	+1.6%	+2.3%	+2.2%	+2.9%	+3.3%
Free Cash Flow Per Share	0.80	0.84	0.71	1.00	1.30
Payout Ratio	—	+147.4%	+55.9%	+45.4%	—
Supplemental
Other Unusual Items	—	—	—	—	—