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
Operations
Operating Cash Flow	126.84M	262.80M	422.76M	241.03M	230.88M
Free Cash Flow	-4.81M	212.15M	398.72M	226.73M	198.43M
Capital Expenditures	-131.64M	-50.66M	-24.04M	-14.30M	-32.45M
Investing & Financing
Investing Cash Flow	-250.66M	-354.24M	-21.42M	-11.93M	-28.90M
Financing Cash Flow	103.39M	-114.86M	-263.44M	-203.59M	-136.36M
Dividends Paid	-120.00M	-195.00M	-255.00M	-195.00M	—
Operating Activities
Operating Cash Flow	126.84M	262.80M	422.76M	241.03M	230.88M
Net Income	159.86M	278.65M	282.21M	290.20M	166.09M
Change in Accounts Payable	-113.66M	141.17M	51.19M	86.13M	175.06M
Change in Accounts Receivable	-10.83M	-46.58M	-5.96M	-29.21M	-23.47M
Change in Inventory	66.11M	-141.29M	91.72M	-175.66M	-67.00M
Change in Other Net Operating Assets	-25.37M	21.43M	-33.57M	21.59M	-70.57M
Change in Working Capital	-83.74M	-25.27M	103.37M	-97.14M	14.02M
Other Operating Activities	7.08M	0.67M	7.74M	8.53M	13.71M
Provision & Write-off of Bad Debts	4.91M	1.40M	1.34M	2.66M	4.40M
Depreciation & Amortization	49.34M	38.79M	35.59M	37.55M	34.57M
Other Amortization	0.62M	0.54M	0.76M	1.39M	1.56M
Cash Interest Paid	17.48M	8.29M	3.17M	1.24M	2.82M
Loss (Gain) on Equity Investments	-12.28M	-22.16M	—	—	—
Asset Writedown & Restructuring Costs	—	—	—	—	47
Investing Activities
Investing Cash Flow	-250.66M	-354.24M	-21.42M	-11.93M	-28.90M
Capital Expenditures	-131.64M	-50.66M	-24.04M	-14.30M	-32.45M
Investment in Securities	-108.03M	-316.13M	—	—	—
Other Investing Activities	-11.70M	3.35M	—	—	—
Sale (Purchase) of Intangibles	-0.37M	-1.05M	-0.76M	—	-0.20M
Sale of Property, Plant & Equipment	1.08M	10.24M	3.38M	2.37M	3.75M
Loss (Gain) From Sale of Assets	1.16M	-9.83M	-8.26M	-2.16M	-3.46M
Loss (Gain) on Sale of Investments	-114.55K	—	—	—	—
Financing Activities
Financing Cash Flow	103.39M	-114.86M	-263.44M	-203.59M	-136.36M
Common Dividends Paid	-120.00M	-195.00M	-255.00M	-195.00M	—
Long-Term Debt Issued	11.60M	—	—	—	—
Short-Term Debt Issued	0.67B	0.19B	0.03B	0.33B	3.08B
Total Debt Issued	0.68B	0.19B	0.03B	0.33B	3.08B
Long-Term Debt Repaid	-21.21M	-11.86M	-8.44M	-8.59M	-8.36M
Short-Term Debt Repaid	-0.43B	-0.10B	-0.03B	-0.33B	-3.21B
Total Debt Repaid	-0.46B	-0.11B	-0.04B	-0.34B	-3.22B
Net Debt Issued (Repaid)	223.39M	80.14M	-8.44M	-8.59M	-136.36M
Free Cash Flow & Returns
Free Cash Flow	-4.81M	212.15M	398.72M	226.73M	198.43M
Free Cash Flow Growth	—	-46.8%	+75.9%	+14.3%	+6.1%
Free Cash Flow Margin	-0.1%	+6.3%	+12.0%	+7.6%	+7.7%
Free Cash Flow Per Share	-0.08	3.54	6.65	3.78	3.70
Levered Free Cash Flow	-53.67M	122.26M	289.31M	124.05M	141.82M
Unlevered Free Cash Flow	-41.67M	128.90M	292.15M	125.03M	143.58M
Operating Cash Flow Growth	-51.7%	-37.8%	+75.4%	+4.4%	+12.2%
Net Cash Flow	-20.43M	-206.30M	137.90M	25.50M	65.62M

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	126.84M	262.80M	422.76M	241.03M	230.88M
Free Cash Flow	-4.81M	212.15M	398.72M	226.73M	198.43M
Capital Expenditures	-131.64M	-50.66M	-24.04M	-14.30M	-32.45M
Investing & Financing
Investing Cash Flow	-250.66M	-354.24M	-21.42M	-11.93M	-28.90M
Financing Cash Flow	103.39M	-114.86M	-263.44M	-203.59M	-136.36M
Dividends Paid	-120.00M	-195.00M	-255.00M	-195.00M	—
Operating Activities
Operating Cash Flow	126.84M	262.80M	422.76M	241.03M	230.88M
Net Income	159.86M	278.65M	282.21M	290.20M	166.09M
Change in Accounts Payable	-113.66M	141.17M	51.19M	86.13M	175.06M
Change in Accounts Receivable	-10.83M	-46.58M	-5.96M	-29.21M	-23.47M
Change in Inventory	66.11M	-141.29M	91.72M	-175.66M	-67.00M
Change in Other Net Operating Assets	-25.37M	21.43M	-33.57M	21.59M	-70.57M
Change in Working Capital	-83.74M	-25.27M	103.37M	-97.14M	14.02M
Other Operating Activities	7.08M	0.67M	7.74M	8.53M	13.71M
Provision & Write-off of Bad Debts	4.91M	1.40M	1.34M	2.66M	4.40M
Depreciation & Amortization	49.34M	38.79M	35.59M	37.55M	34.57M
Other Amortization	0.62M	0.54M	0.76M	1.39M	1.56M
Cash Interest Paid	17.48M	8.29M	3.17M	1.24M	2.82M
Loss (Gain) on Equity Investments	-12.28M	-22.16M	—	—	—
Asset Writedown & Restructuring Costs	—	—	—	—	47
Investing Activities
Investing Cash Flow	-250.66M	-354.24M	-21.42M	-11.93M	-28.90M
Capital Expenditures	-131.64M	-50.66M	-24.04M	-14.30M	-32.45M
Investment in Securities	-108.03M	-316.13M	—	—	—
Other Investing Activities	-11.70M	3.35M	—	—	—
Sale (Purchase) of Intangibles	-0.37M	-1.05M	-0.76M	—	-0.20M
Sale of Property, Plant & Equipment	1.08M	10.24M	3.38M	2.37M	3.75M
Loss (Gain) From Sale of Assets	1.16M	-9.83M	-8.26M	-2.16M	-3.46M
Loss (Gain) on Sale of Investments	-114.55K	—	—	—	—
Financing Activities
Financing Cash Flow	103.39M	-114.86M	-263.44M	-203.59M	-136.36M
Common Dividends Paid	-120.00M	-195.00M	-255.00M	-195.00M	—
Long-Term Debt Issued	11.60M	—	—	—	—
Short-Term Debt Issued	0.67B	0.19B	0.03B	0.33B	3.08B
Total Debt Issued	0.68B	0.19B	0.03B	0.33B	3.08B
Long-Term Debt Repaid	-21.21M	-11.86M	-8.44M	-8.59M	-8.36M
Short-Term Debt Repaid	-0.43B	-0.10B	-0.03B	-0.33B	-3.21B
Total Debt Repaid	-0.46B	-0.11B	-0.04B	-0.34B	-3.22B
Net Debt Issued (Repaid)	223.39M	80.14M	-8.44M	-8.59M	-136.36M
Free Cash Flow & Returns
Free Cash Flow	-4.81M	212.15M	398.72M	226.73M	198.43M
Free Cash Flow Growth	—	-46.8%	+75.9%	+14.3%	+6.1%
Free Cash Flow Margin	-0.1%	+6.3%	+12.0%	+7.6%	+7.7%
Free Cash Flow Per Share	-0.08	3.54	6.65	3.78	3.70
Levered Free Cash Flow	-53.67M	122.26M	289.31M	124.05M	141.82M
Unlevered Free Cash Flow	-41.67M	128.90M	292.15M	125.03M	143.58M
Operating Cash Flow Growth	-51.7%	-37.8%	+75.4%	+4.4%	+12.2%
Net Cash Flow	-20.43M	-206.30M	137.90M	25.50M	65.62M

Financials

Annual (SAR)

ALMUNAJEM

Annual (SAR)