SMC HEALTHCARE

Specialized Medical Company

4019StocksTadawulHealthcare

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	322.74M	383.78M	233.37M	177.48M	-84.25M
Free Cash Flow	228.28M	289.52M	160.53M	116.60M	-159.38M
Capital Expenditures	-94.46M	-94.27M	-72.84M	-60.89M	-75.14M
Investing & Financing
Investing Cash Flow	-97.56M	-93.34M	-72.00M	-60.82M	-74.94M
Financing Cash Flow	-70.97M	-245.78M	-135.33M	-107.69M	140.54M
Dividends Paid	—	-200.00M	-60.00M	-50.00M	-35.00M
Operating Activities
Operating Cash Flow	322.74M	383.78M	233.37M	177.48M	-84.25M
Net Income	266.23M	185.22M	168.70M	102.96M	55.97M
Change in Accounts Payable	11.01M	-10.99M	4.68M	14.87M	-32.13M
Change in Accounts Receivable	-65.37M	92.16M	-89.05M	-121.10M	-111.96M
Change in Inventory	-4.40M	3.19M	-5.89M	-0.79M	4.56M
Change in Other Net Operating Assets	13.19M	-33.30M	4.30M	6.85M	-178.17M
Change in Working Capital	-45.57M	51.06M	-85.97M	-100.17M	-317.69M
Other Operating Activities	56.49M	48.05M	56.65M	34.69M	23.28M
Provision & Write-off of Bad Debts	12.64M	9.68M	6.21M	36.13M	51.32M
Depreciation & Amortization	93.05M	87.48M	87.76M	103.94M	102.94M
Cash Interest Paid	32.43M	35.81M	41.88M	25.73M	16.34M
Investing Activities
Investing Cash Flow	-97.56M	-93.34M	-72.00M	-60.82M	-74.94M
Capital Expenditures	-94.46M	-94.27M	-72.84M	-60.89M	-75.14M
Investment in Securities	-3.13M	—	—	—	—
Sale of Property, Plant & Equipment	35.34K	930.51K	837.94K	64.70K	195.70K
Loss (Gain) From Sale of Assets	-60.49M	2.29M	0.02M	-0.06M	-0.05M
Loss (Gain) on Sale of Investments	391.18K	—	—	—	—
Financing Activities
Financing Cash Flow	-70.97M	-245.78M	-135.33M	-107.69M	140.54M
Common Dividends Paid	—	-200.00M	-60.00M	-50.00M	-35.00M
Long-Term Debt Issued	200.00M	—	—	—	47.71M
Short-Term Debt Issued	658.28M	760.54M	20.00M	15.00M	170.00M
Total Debt Issued	858.28M	760.54M	20.00M	15.00M	217.71M
Long-Term Debt Repaid	-94.52M	-85.51M	-53.44M	-46.96M	-25.84M
Short-Term Debt Repaid	-902.29M	-685.00M	—	—	—
Total Debt Repaid	-996.81M	-770.51M	-53.44M	-46.96M	-25.84M
Net Debt Issued (Repaid)	-138.53M	-9.98M	-33.44M	-31.96M	191.88M
Other Financing Activities	67.57M	-35.81M	-41.88M	-25.73M	-16.34M
Free Cash Flow & Returns
Free Cash Flow	228.28M	289.52M	160.53M	116.60M	-159.38M
Free Cash Flow Growth	-21.2%	+80.4%	+37.7%	—	—
Free Cash Flow Margin	+14.8%	+20.1%	+11.7%	+9.6%	-15.1%
Free Cash Flow Per Share	0.91	1.16	1.89	1.37	-1.88
Levered Free Cash Flow	87.69M	172.75M	41.20M	251.67M	-201.45M
Unlevered Free Cash Flow	114.24M	200.98M	71.48M	270.31M	-189.65M
Operating Cash Flow Growth	-15.9%	+64.5%	+31.5%	—	—
Net Cash Flow	154.21M	44.66M	26.04M	8.97M	-18.65M

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	322.74M	383.78M	233.37M	177.48M	-84.25M
Free Cash Flow	228.28M	289.52M	160.53M	116.60M	-159.38M
Capital Expenditures	-94.46M	-94.27M	-72.84M	-60.89M	-75.14M
Investing & Financing
Investing Cash Flow	-97.56M	-93.34M	-72.00M	-60.82M	-74.94M
Financing Cash Flow	-70.97M	-245.78M	-135.33M	-107.69M	140.54M
Dividends Paid	—	-200.00M	-60.00M	-50.00M	-35.00M
Operating Activities
Operating Cash Flow	322.74M	383.78M	233.37M	177.48M	-84.25M
Net Income	266.23M	185.22M	168.70M	102.96M	55.97M
Change in Accounts Payable	11.01M	-10.99M	4.68M	14.87M	-32.13M
Change in Accounts Receivable	-65.37M	92.16M	-89.05M	-121.10M	-111.96M
Change in Inventory	-4.40M	3.19M	-5.89M	-0.79M	4.56M
Change in Other Net Operating Assets	13.19M	-33.30M	4.30M	6.85M	-178.17M
Change in Working Capital	-45.57M	51.06M	-85.97M	-100.17M	-317.69M
Other Operating Activities	56.49M	48.05M	56.65M	34.69M	23.28M
Provision & Write-off of Bad Debts	12.64M	9.68M	6.21M	36.13M	51.32M
Depreciation & Amortization	93.05M	87.48M	87.76M	103.94M	102.94M
Cash Interest Paid	32.43M	35.81M	41.88M	25.73M	16.34M
Investing Activities
Investing Cash Flow	-97.56M	-93.34M	-72.00M	-60.82M	-74.94M
Capital Expenditures	-94.46M	-94.27M	-72.84M	-60.89M	-75.14M
Investment in Securities	-3.13M	—	—	—	—
Sale of Property, Plant & Equipment	35.34K	930.51K	837.94K	64.70K	195.70K
Loss (Gain) From Sale of Assets	-60.49M	2.29M	0.02M	-0.06M	-0.05M
Loss (Gain) on Sale of Investments	391.18K	—	—	—	—
Financing Activities
Financing Cash Flow	-70.97M	-245.78M	-135.33M	-107.69M	140.54M
Common Dividends Paid	—	-200.00M	-60.00M	-50.00M	-35.00M
Long-Term Debt Issued	200.00M	—	—	—	47.71M
Short-Term Debt Issued	658.28M	760.54M	20.00M	15.00M	170.00M
Total Debt Issued	858.28M	760.54M	20.00M	15.00M	217.71M
Long-Term Debt Repaid	-94.52M	-85.51M	-53.44M	-46.96M	-25.84M
Short-Term Debt Repaid	-902.29M	-685.00M	—	—	—
Total Debt Repaid	-996.81M	-770.51M	-53.44M	-46.96M	-25.84M
Net Debt Issued (Repaid)	-138.53M	-9.98M	-33.44M	-31.96M	191.88M
Other Financing Activities	67.57M	-35.81M	-41.88M	-25.73M	-16.34M
Free Cash Flow & Returns
Free Cash Flow	228.28M	289.52M	160.53M	116.60M	-159.38M
Free Cash Flow Growth	-21.2%	+80.4%	+37.7%	—	—
Free Cash Flow Margin	+14.8%	+20.1%	+11.7%	+9.6%	-15.1%
Free Cash Flow Per Share	0.91	1.16	1.89	1.37	-1.88
Levered Free Cash Flow	87.69M	172.75M	41.20M	251.67M	-201.45M
Unlevered Free Cash Flow	114.24M	200.98M	71.48M	270.31M	-189.65M
Operating Cash Flow Growth	-15.9%	+64.5%	+31.5%	—	—
Net Cash Flow	154.21M	44.66M	26.04M	8.97M	-18.65M