Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	0.43B	1.03B	0.36B	0.37B	0.55B
Cost of Revenue	549.37M	602.92M	538.57M	611.18M	774.23M
Gross Profit	-123.40M	428.43M	-175.30M	-239.10M	-226.94M
SG&A	387.54M	344.15M	506.19M	327.45M	351.83M
Operating Expenses	313.80M	266.47M	568.11M	407.61M	638.03M
Operating Income	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
Interest Income	2.86M	2.11M	1.89M	40.54M	42.03M
Interest Expense	-617.33M	-480.60M	-285.99M	-2.87M	-3.96M
Other Income/Expense	9.58M	25.80M	-4.20M	-240.29M	-241.58M
Pretax Income	-1.06B	-0.21B	-1.06B	-0.81B	-1.19B
Income Tax	76.03M	45.00M	99.51M	31.00M	55.00M
Net Income	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
EBITDA	-199.13M	406.73M	-475.30M	-360.90M	-550.91M
EBIT	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
EPS (Basic)	-2.17	-0.48	-2.21	-1.96	-3.18
EPS (Diluted)	-2.17	-0.48	-2.21	-1.96	-3.18
Margins & Efficiency
Gross Margin %	-29.0%	+41.5%	-48.3%	-64.3%	-41.5%
EBITDA Margin %	-46.7%	+39.4%	-130.8%	-97.0%	-100.7%
Net Margin %	-266.3%	-24.6%	-318.6%	-224.8%	-228.1%
Revenue & Income
Revenue	0.43B	1.03B	0.36B	0.37B	0.55B
Revenue Growth (YoY)	-58.7%	+183.9%	-2.4%	-32.0%	-42.2%
Interest & Investment Income	2.86M	2.11M	1.89M	40.54M	42.03M
Earnings From Equity Investments	-92.83M	1.74M	25.05M	45.84M	48.07M
Gain (Loss) on Sale of Assets	31.39M	80.78M	7.88M	13.54M	5.72M
Expenses & Provisions
Advertising Expenses	21.09M	16.69M	29.88M	46.08M	40.47M
Cost of Revenue	549.37M	602.92M	538.57M	611.18M	774.23M
Selling, General & Admin	387.54M	344.15M	506.19M	327.45M	351.83M
Operating Expenses	313.80M	266.47M	568.11M	407.61M	638.03M
Other Operating Expenses	-73.74M	-77.68M	61.92M	18.30M	—
Interest Expense	-617.33M	-480.60M	-285.99M	-2.87M	-3.96M
Other Non Operating Income (Expenses)	9.58M	25.80M	-4.20M	-240.29M	-241.58M
Legal Settlements	45.00M	—	—	—	—
Asset Writedown	—	—	-58.99M	-15.56M	-178.67M
Amortization of Goodwill & Intangibles	—	—	—	8.02M	8.09M
D&A For EBITDA	238.07M	244.77M	268.12M	285.82M	314.06M
Profitability & Returns
Gross Profit	-123.40M	428.43M	-175.30M	-239.10M	-226.94M
Gross Margin	-29.0%	+41.5%	-48.3%	-64.3%	-41.5%
EBIT	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
EBIT Margin	-102.6%	+15.7%	-204.6%	-173.8%	-158.0%
EBITDA	-199.13M	406.73M	-475.30M	-360.90M	-550.91M
EBITDA Margin	-46.7%	+39.4%	-130.8%	-97.0%	-100.7%
EBT Excluding Unusual Items	-1.13B	-0.29B	-1.01B	-0.80B	-1.02B
Pretax Income	-1.06B	-0.21B	-1.06B	-0.81B	-1.19B
Operating Income	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
Operating Margin	-102.6%	+15.7%	-204.6%	-173.8%	-158.0%
Profit Margin	-266.3%	-24.6%	-318.6%	-224.8%	-228.1%
Net Income	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Net Income to Common	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Earnings From Continuing Ops.	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Income Tax Expense	76.03M	45.00M	99.51M	31.00M	55.00M
Per Share & Capital
EPS (Basic)	-2.17	-0.48	-2.21	-1.96	-3.18
EPS (Diluted)	-2.17	-0.48	-2.21	-1.96	-3.18
Shares Change (YoY)	—	0	0.22	0.09	—
Shares Outstanding (Basic)	523.26M	523.26M	523.26M	427.21M	392.45M
Shares Outstanding (Diluted)	523.26M	523.26M	523.26M	427.21M	392.45M
Free Cash Flow	-494.27M	-398.54M	-228.90M	135.62M	-215.58M
Free Cash Flow Margin	-116.0%	-38.6%	-63.0%	+36.4%	-39.4%
Free Cash Flow Per Share	-0.95	-0.76	-0.44	0.32	-0.55

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	0.43B	1.03B	0.36B	0.37B	0.55B
Cost of Revenue	549.37M	602.92M	538.57M	611.18M	774.23M
Gross Profit	-123.40M	428.43M	-175.30M	-239.10M	-226.94M
SG&A	387.54M	344.15M	506.19M	327.45M	351.83M
Operating Expenses	313.80M	266.47M	568.11M	407.61M	638.03M
Operating Income	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
Interest Income	2.86M	2.11M	1.89M	40.54M	42.03M
Interest Expense	-617.33M	-480.60M	-285.99M	-2.87M	-3.96M
Other Income/Expense	9.58M	25.80M	-4.20M	-240.29M	-241.58M
Pretax Income	-1.06B	-0.21B	-1.06B	-0.81B	-1.19B
Income Tax	76.03M	45.00M	99.51M	31.00M	55.00M
Net Income	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
EBITDA	-199.13M	406.73M	-475.30M	-360.90M	-550.91M
EBIT	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
EPS (Basic)	-2.17	-0.48	-2.21	-1.96	-3.18
EPS (Diluted)	-2.17	-0.48	-2.21	-1.96	-3.18
Margins & Efficiency
Gross Margin %	-29.0%	+41.5%	-48.3%	-64.3%	-41.5%
EBITDA Margin %	-46.7%	+39.4%	-130.8%	-97.0%	-100.7%
Net Margin %	-266.3%	-24.6%	-318.6%	-224.8%	-228.1%
Revenue & Income
Revenue	0.43B	1.03B	0.36B	0.37B	0.55B
Revenue Growth (YoY)	-58.7%	+183.9%	-2.4%	-32.0%	-42.2%
Interest & Investment Income	2.86M	2.11M	1.89M	40.54M	42.03M
Earnings From Equity Investments	-92.83M	1.74M	25.05M	45.84M	48.07M
Gain (Loss) on Sale of Assets	31.39M	80.78M	7.88M	13.54M	5.72M
Expenses & Provisions
Advertising Expenses	21.09M	16.69M	29.88M	46.08M	40.47M
Cost of Revenue	549.37M	602.92M	538.57M	611.18M	774.23M
Selling, General & Admin	387.54M	344.15M	506.19M	327.45M	351.83M
Operating Expenses	313.80M	266.47M	568.11M	407.61M	638.03M
Other Operating Expenses	-73.74M	-77.68M	61.92M	18.30M	—
Interest Expense	-617.33M	-480.60M	-285.99M	-2.87M	-3.96M
Other Non Operating Income (Expenses)	9.58M	25.80M	-4.20M	-240.29M	-241.58M
Legal Settlements	45.00M	—	—	—	—
Asset Writedown	—	—	-58.99M	-15.56M	-178.67M
Amortization of Goodwill & Intangibles	—	—	—	8.02M	8.09M
D&A For EBITDA	238.07M	244.77M	268.12M	285.82M	314.06M
Profitability & Returns
Gross Profit	-123.40M	428.43M	-175.30M	-239.10M	-226.94M
Gross Margin	-29.0%	+41.5%	-48.3%	-64.3%	-41.5%
EBIT	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
EBIT Margin	-102.6%	+15.7%	-204.6%	-173.8%	-158.0%
EBITDA	-199.13M	406.73M	-475.30M	-360.90M	-550.91M
EBITDA Margin	-46.7%	+39.4%	-130.8%	-97.0%	-100.7%
EBT Excluding Unusual Items	-1.13B	-0.29B	-1.01B	-0.80B	-1.02B
Pretax Income	-1.06B	-0.21B	-1.06B	-0.81B	-1.19B
Operating Income	-437.20M	161.96M	-743.42M	-646.72M	-864.97M
Operating Margin	-102.6%	+15.7%	-204.6%	-173.8%	-158.0%
Profit Margin	-266.3%	-24.6%	-318.6%	-224.8%	-228.1%
Net Income	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Net Income to Common	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Earnings From Continuing Ops.	-1.13B	-0.25B	-1.16B	-0.84B	-1.25B
Income Tax Expense	76.03M	45.00M	99.51M	31.00M	55.00M
Per Share & Capital
EPS (Basic)	-2.17	-0.48	-2.21	-1.96	-3.18
EPS (Diluted)	-2.17	-0.48	-2.21	-1.96	-3.18
Shares Change (YoY)	—	0	0.22	0.09	—
Shares Outstanding (Basic)	523.26M	523.26M	523.26M	427.21M	392.45M
Shares Outstanding (Diluted)	523.26M	523.26M	523.26M	427.21M	392.45M
Free Cash Flow	-494.27M	-398.54M	-228.90M	135.62M	-215.58M
Free Cash Flow Margin	-116.0%	-38.6%	-63.0%	+36.4%	-39.4%
Free Cash Flow Per Share	-0.95	-0.76	-0.44	0.32	-0.55

Financials

Annual (SAR)

EMAAR EC

Annual (SAR)