ARDCO

Arriyadh Development Co.

4150StocksTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	103.89M	73.87M	167.86M	72.89M	69.54M
Cost of Revenue	28.59M	32.17M	40.55M	21.09M	27.22M
Gross Profit	75.31M	41.70M	127.31M	51.80M	42.32M
SG&A	20.51M	22.70M	16.33M	16.85M	15.22M
Operating Expenses	38.08M	24.60M	16.33M	16.85M	16.61M
Operating Income	37.23M	17.10M	110.98M	34.95M	25.71M
Interest Income	13.48M	15.09M	14.22M	14.07M	13.53M
Interest Expense	-737.56K	-856.85K	-696.25K	-748.98K	-730.47K
Other Income/Expense	0.21M	3.79M	0.23M	0.12M	0.18M
Pretax Income	57.01M	50.67M	152.90M	70.88M	46.15M
Income Tax	6.52M	6.09M	9.12M	5.25M	4.08M
Net Income	50.48M	44.58M	143.78M	65.63M	42.07M
EBITDA	47.88M	26.77M	121.34M	43.89M	35.86M
EBIT	37.23M	17.10M	110.98M	34.95M	25.71M
EPS (Basic)	0.22	0.19	0.64	0.30	0.20
EPS (Diluted)	0.22	0.19	0.64	0.30	0.20
Margins & Efficiency
Gross Margin %	+72.5%	+56.5%	+75.8%	+71.1%	+60.9%
EBITDA Margin %	+46.1%	+36.2%	+72.3%	+60.2%	+51.6%
Net Margin %	+48.6%	+60.4%	+85.7%	+90.0%	+60.5%
Revenue & Income
Revenue	103.89M	73.87M	167.86M	72.89M	69.54M
Revenue Growth (YoY)	+49.4%	-14.5%	+110.8%	-5.4%	-11.3%
Interest & Investment Income	13.48M	15.09M	14.22M	14.07M	13.53M
Earnings From Equity Investments	6.83M	4.71M	28.44M	7.65M	7.46M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	-12.84M	-0.27M	14.84M	—
Expenses & Provisions
Cost of Revenue	28.59M	32.17M	40.55M	21.09M	27.22M
Selling, General & Admin	20.51M	22.70M	16.33M	16.85M	15.22M
Operating Expenses	38.08M	24.60M	16.33M	16.85M	16.61M
Other Operating Expenses	16.79M	—	—	—	—
Interest Expense	-737.56K	-856.85K	-696.25K	-748.98K	-730.47K
Other Non Operating Income (Expenses)	0.21M	3.79M	0.23M	0.12M	0.18M
Legal Settlements	—	2.08M	—	—	—
Asset Writedown	—	—	—	—	—
D&A For EBITDA	10.65M	9.67M	10.36M	8.94M	10.15M
Profitability & Returns
Gross Profit	75.31M	41.70M	127.31M	51.80M	42.32M
Gross Margin	+72.5%	+56.5%	+75.8%	+71.1%	+60.9%
EBIT	37.23M	17.10M	110.98M	34.95M	25.71M
EBIT Margin	+35.8%	+23.2%	+66.1%	+47.9%	+37.0%
EBITDA	47.88M	26.77M	121.34M	43.89M	35.86M
EBITDA Margin	+46.1%	+36.2%	+72.3%	+60.2%	+51.6%
EBT Excluding Unusual Items	57.01M	39.84M	153.17M	56.04M	46.15M
Pretax Income	57.01M	50.67M	152.90M	70.88M	46.15M
Operating Income	37.23M	17.10M	110.98M	34.95M	25.71M
Operating Margin	+35.8%	+23.2%	+66.1%	+47.9%	+37.0%
Profit Margin	+48.6%	+60.4%	+85.7%	+90.0%	+60.5%
Net Income	50.48M	44.58M	143.78M	65.63M	42.07M
Net Income to Common	50.48M	44.58M	143.78M	65.63M	42.07M
Net Income Growth	+20.0%	-50.2%	+225.1%	-28.6%	-40.3%
Earnings From Continuing Ops.	50.48M	44.58M	143.78M	65.63M	42.07M
Income Tax Expense	6.52M	6.09M	9.12M	5.25M	4.08M
Effective Tax Rate	+11.4%	+12.0%	+6.0%	+7.4%	+8.8%
Per Share & Capital
EPS (Basic)	0.22	0.19	0.64	0.30	0.20
EPS (Diluted)	0.22	0.19	0.64	0.30	0.20
EPS Growth	+8.4%	-62.2%	+156.0%	-42.3%	-48.6%
Dividend Per Share	—	—	—	0.25	—
Shares Change (YoY)	0.11	0.32	0.27	0.24	0.16
Shares Outstanding (Basic)	228.50M	234.01M	224.66M	218.77M	206.48M
Shares Outstanding (Diluted)	228.50M	234.01M	224.66M	218.77M	206.48M
Dividend Growth	—	—	—	—	—
Free Cash Flow	41.37M	-78.25M	145.62M	1.21M	71.29M
Free Cash Flow Margin	+39.8%	-105.9%	+86.8%	+1.7%	+102.5%
Free Cash Flow Per Share	0.18	-0.33	0.65	0.01	0.35
Payout Ratio	+0.4%	+129.7%	—	+88.1%	0.0%
Supplemental
Other Unusual Items	—	21.60M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	103.89M	73.87M	167.86M	72.89M	69.54M
Cost of Revenue	28.59M	32.17M	40.55M	21.09M	27.22M
Gross Profit	75.31M	41.70M	127.31M	51.80M	42.32M
SG&A	20.51M	22.70M	16.33M	16.85M	15.22M
Operating Expenses	38.08M	24.60M	16.33M	16.85M	16.61M
Operating Income	37.23M	17.10M	110.98M	34.95M	25.71M
Interest Income	13.48M	15.09M	14.22M	14.07M	13.53M
Interest Expense	-737.56K	-856.85K	-696.25K	-748.98K	-730.47K
Other Income/Expense	0.21M	3.79M	0.23M	0.12M	0.18M
Pretax Income	57.01M	50.67M	152.90M	70.88M	46.15M
Income Tax	6.52M	6.09M	9.12M	5.25M	4.08M
Net Income	50.48M	44.58M	143.78M	65.63M	42.07M
EBITDA	47.88M	26.77M	121.34M	43.89M	35.86M
EBIT	37.23M	17.10M	110.98M	34.95M	25.71M
EPS (Basic)	0.22	0.19	0.64	0.30	0.20
EPS (Diluted)	0.22	0.19	0.64	0.30	0.20
Margins & Efficiency
Gross Margin %	+72.5%	+56.5%	+75.8%	+71.1%	+60.9%
EBITDA Margin %	+46.1%	+36.2%	+72.3%	+60.2%	+51.6%
Net Margin %	+48.6%	+60.4%	+85.7%	+90.0%	+60.5%
Revenue & Income
Revenue	103.89M	73.87M	167.86M	72.89M	69.54M
Revenue Growth (YoY)	+49.4%	-14.5%	+110.8%	-5.4%	-11.3%
Interest & Investment Income	13.48M	15.09M	14.22M	14.07M	13.53M
Earnings From Equity Investments	6.83M	4.71M	28.44M	7.65M	7.46M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	-12.84M	-0.27M	14.84M	—
Expenses & Provisions
Cost of Revenue	28.59M	32.17M	40.55M	21.09M	27.22M
Selling, General & Admin	20.51M	22.70M	16.33M	16.85M	15.22M
Operating Expenses	38.08M	24.60M	16.33M	16.85M	16.61M
Other Operating Expenses	16.79M	—	—	—	—
Interest Expense	-737.56K	-856.85K	-696.25K	-748.98K	-730.47K
Other Non Operating Income (Expenses)	0.21M	3.79M	0.23M	0.12M	0.18M
Legal Settlements	—	2.08M	—	—	—
Asset Writedown	—	—	—	—	—
D&A For EBITDA	10.65M	9.67M	10.36M	8.94M	10.15M
Profitability & Returns
Gross Profit	75.31M	41.70M	127.31M	51.80M	42.32M
Gross Margin	+72.5%	+56.5%	+75.8%	+71.1%	+60.9%
EBIT	37.23M	17.10M	110.98M	34.95M	25.71M
EBIT Margin	+35.8%	+23.2%	+66.1%	+47.9%	+37.0%
EBITDA	47.88M	26.77M	121.34M	43.89M	35.86M
EBITDA Margin	+46.1%	+36.2%	+72.3%	+60.2%	+51.6%
EBT Excluding Unusual Items	57.01M	39.84M	153.17M	56.04M	46.15M
Pretax Income	57.01M	50.67M	152.90M	70.88M	46.15M
Operating Income	37.23M	17.10M	110.98M	34.95M	25.71M
Operating Margin	+35.8%	+23.2%	+66.1%	+47.9%	+37.0%
Profit Margin	+48.6%	+60.4%	+85.7%	+90.0%	+60.5%
Net Income	50.48M	44.58M	143.78M	65.63M	42.07M
Net Income to Common	50.48M	44.58M	143.78M	65.63M	42.07M
Net Income Growth	+20.0%	-50.2%	+225.1%	-28.6%	-40.3%
Earnings From Continuing Ops.	50.48M	44.58M	143.78M	65.63M	42.07M
Income Tax Expense	6.52M	6.09M	9.12M	5.25M	4.08M
Effective Tax Rate	+11.4%	+12.0%	+6.0%	+7.4%	+8.8%
Per Share & Capital
EPS (Basic)	0.22	0.19	0.64	0.30	0.20
EPS (Diluted)	0.22	0.19	0.64	0.30	0.20
EPS Growth	+8.4%	-62.2%	+156.0%	-42.3%	-48.6%
Dividend Per Share	—	—	—	0.25	—
Shares Change (YoY)	0.11	0.32	0.27	0.24	0.16
Shares Outstanding (Basic)	228.50M	234.01M	224.66M	218.77M	206.48M
Shares Outstanding (Diluted)	228.50M	234.01M	224.66M	218.77M	206.48M
Dividend Growth	—	—	—	—	—
Free Cash Flow	41.37M	-78.25M	145.62M	1.21M	71.29M
Free Cash Flow Margin	+39.8%	-105.9%	+86.8%	+1.7%	+102.5%
Free Cash Flow Per Share	0.18	-0.33	0.65	0.01	0.35
Payout Ratio	+0.4%	+129.7%	—	+88.1%	0.0%
Supplemental
Other Unusual Items	—	21.60M	—	—	—