ALASEEL

Thob Al-Aseel Co.

4012StocksTadawulIndustrials

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
Operations
Operating Cash Flow	211.11M	142.58M	123.20M	46.94M	114.58M
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Capital Expenditures	-8.09M	-5.50M	-7.97M	-3.31M	-2.70M
Investing & Financing
Investing Cash Flow	-17.67M	9.89M	-7.63M	-13.42M	-2.65M
Financing Cash Flow	-100.27M	-92.72M	-79.41M	-73.47M	-43.16M
Dividends Paid	-80.00M	-76.00M	-65.00M	-60.00M	-22.50M
Operating Activities
Operating Cash Flow	211.11M	142.58M	123.20M	46.94M	114.58M
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
Change in Accounts Payable	-4.05M	4.38M	-30.45M	10.25M	8.17M
Change in Accounts Receivable	79.20M	6.06M	6.76M	-29.00M	-58.04M
Change in Inventory	7.18M	25.70M	3.79M	-52.96M	67.17M
Change in Other Net Operating Assets	4.44M	-7.82M	19.20M	-5.95M	-4.69M
Change in Working Capital	86.77M	28.32M	-0.70M	-77.65M	12.62M
Other Operating Activities	9.22M	2.76M	13.22M	12.94M	13.65M
Provision & Write-off of Bad Debts	-11.55M	14.54M	24.62M	44.13M	14.84M
Depreciation & Amortization	21.64M	17.46M	11.31M	12.65M	12.65M
Other Amortization	—	—	—	—	1.13M
Loss (Gain) on Equity Investments	5.25M	—	—	—	—
Investing Activities
Investing Cash Flow	-17.67M	9.89M	-7.63M	-13.42M	-2.65M
Capital Expenditures	-8.09M	-5.50M	-7.97M	-3.31M	-2.70M
Investment in Securities	-9.77M	12.39M	—	-10.30M	—
Sale (Purchase) of Intangibles	-108.52K	-287.30K	-79.00K	—	—
Sale of Property, Plant & Equipment	0.30M	3.29M	0.42M	0.19M	0.05M
Loss (Gain) From Sale of Assets	-0.22M	-2.17M	-0.42M	-0.19M	-0.05M
Loss (Gain) on Sale of Investments	-0.09M	-2.24M	-1.75M	1.61M	—
Financing Activities
Financing Cash Flow	-100.27M	-92.72M	-79.41M	-73.47M	-43.16M
Common Dividends Paid	-80.00M	-76.00M	-65.00M	-60.00M	-22.50M
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	—
Long-Term Debt Repaid	-20.27M	-16.72M	-14.41M	-13.47M	-11.55M
Short-Term Debt Repaid	—	—	—	—	-9.11M
Total Debt Repaid	-20.27M	-16.72M	-14.41M	-13.47M	-20.66M
Net Debt Issued (Repaid)	-20.27M	-16.72M	-14.41M	-13.47M	-20.66M
Free Cash Flow & Returns
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Free Cash Flow Growth	+48.1%	+19.0%	+164.1%	-61.0%	+630.5%
Free Cash Flow Margin	+38.4%	+26.2%	+21.7%	+8.6%	+23.2%
Free Cash Flow Per Share	0.51	0.34	0.29	0.11	0.28
Levered Free Cash Flow	155.35M	127.09M	92.08M	32.62M	99.02M
Unlevered Free Cash Flow	157.86M	129.65M	95.87M	34.21M	99.99M
Operating Cash Flow Growth	+48.1%	+15.7%	+162.5%	-59.0%	+305.0%
Net Cash Flow	93.18M	59.76M	36.16M	-39.96M	68.77M

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
Operations
Operating Cash Flow	211.11M	142.58M	123.20M	46.94M	114.58M
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Capital Expenditures	-8.09M	-5.50M	-7.97M	-3.31M	-2.70M
Investing & Financing
Investing Cash Flow	-17.67M	9.89M	-7.63M	-13.42M	-2.65M
Financing Cash Flow	-100.27M	-92.72M	-79.41M	-73.47M	-43.16M
Dividends Paid	-80.00M	-76.00M	-65.00M	-60.00M	-22.50M
Operating Activities
Operating Cash Flow	211.11M	142.58M	123.20M	46.94M	114.58M
Net Income	100.11M	83.90M	76.92M	53.44M	59.73M
Change in Accounts Payable	-4.05M	4.38M	-30.45M	10.25M	8.17M
Change in Accounts Receivable	79.20M	6.06M	6.76M	-29.00M	-58.04M
Change in Inventory	7.18M	25.70M	3.79M	-52.96M	67.17M
Change in Other Net Operating Assets	4.44M	-7.82M	19.20M	-5.95M	-4.69M
Change in Working Capital	86.77M	28.32M	-0.70M	-77.65M	12.62M
Other Operating Activities	9.22M	2.76M	13.22M	12.94M	13.65M
Provision & Write-off of Bad Debts	-11.55M	14.54M	24.62M	44.13M	14.84M
Depreciation & Amortization	21.64M	17.46M	11.31M	12.65M	12.65M
Other Amortization	—	—	—	—	1.13M
Loss (Gain) on Equity Investments	5.25M	—	—	—	—
Investing Activities
Investing Cash Flow	-17.67M	9.89M	-7.63M	-13.42M	-2.65M
Capital Expenditures	-8.09M	-5.50M	-7.97M	-3.31M	-2.70M
Investment in Securities	-9.77M	12.39M	—	-10.30M	—
Sale (Purchase) of Intangibles	-108.52K	-287.30K	-79.00K	—	—
Sale of Property, Plant & Equipment	0.30M	3.29M	0.42M	0.19M	0.05M
Loss (Gain) From Sale of Assets	-0.22M	-2.17M	-0.42M	-0.19M	-0.05M
Loss (Gain) on Sale of Investments	-0.09M	-2.24M	-1.75M	1.61M	—
Financing Activities
Financing Cash Flow	-100.27M	-92.72M	-79.41M	-73.47M	-43.16M
Common Dividends Paid	-80.00M	-76.00M	-65.00M	-60.00M	-22.50M
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	—
Long-Term Debt Repaid	-20.27M	-16.72M	-14.41M	-13.47M	-11.55M
Short-Term Debt Repaid	—	—	—	—	-9.11M
Total Debt Repaid	-20.27M	-16.72M	-14.41M	-13.47M	-20.66M
Net Debt Issued (Repaid)	-20.27M	-16.72M	-14.41M	-13.47M	-20.66M
Free Cash Flow & Returns
Free Cash Flow	203.02M	137.09M	115.22M	43.62M	111.88M
Free Cash Flow Growth	+48.1%	+19.0%	+164.1%	-61.0%	+630.5%
Free Cash Flow Margin	+38.4%	+26.2%	+21.7%	+8.6%	+23.2%
Free Cash Flow Per Share	0.51	0.34	0.29	0.11	0.28
Levered Free Cash Flow	155.35M	127.09M	92.08M	32.62M	99.02M
Unlevered Free Cash Flow	157.86M	129.65M	95.87M	34.21M	99.99M
Operating Cash Flow Growth	+48.1%	+15.7%	+162.5%	-59.0%	+305.0%
Net Cash Flow	93.18M	59.76M	36.16M	-39.96M	68.77M