KEC

Knowledge Economic City

4310StocksTadawulReal Estate

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
Operating Summary
Revenue	318.99M	158.80M	66.86M	56.69M	42.45M
Cost of Revenue	224.13M	88.71M	44.14M	38.67M	31.98M
Gross Profit	94.85M	70.10M	22.73M	18.02M	10.47M
SG&A	119.30M	95.40M	67.01M	57.28M	56.60M
Operating Expenses	119.67M	98.59M	65.36M	48.96M	50.54M
Operating Income	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
Interest Income	2.21M	2.16M	3.16M	2.99M	2.47M
Interest Expense	—	-45.68K	-89.17K	-116.35K	-163.85K
Other Income/Expense	-2.31M	10.70M	—	14.64M	—
Pretax Income	-24.92M	-15.69M	-39.04M	-12.04M	-11.39M
Income Tax	9.11M	5.62M	6.56M	6.80M	11.13M
Net Income	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
EBITDA	-20.40M	-25.98M	-40.43M	-28.98M	-38.26M
EBIT	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
EPS (Basic)	-0.10	-0.06	-0.13	-0.06	-0.07
EPS (Diluted)	-0.10	-0.06	-0.13	-0.06	-0.07
Margins & Efficiency
Gross Margin %	+29.7%	+44.1%	+34.0%	+31.8%	+24.7%
EBITDA Margin %	-6.4%	-16.4%	-60.5%	-51.1%	-90.1%
Net Margin %	-10.9%	-13.2%	-68.1%	-34.2%	-52.0%
Revenue & Income
Revenue	318.99M	158.80M	66.86M	56.69M	42.45M
Revenue Growth (YoY)	+100.9%	+137.5%	+17.9%	+33.5%	-62.4%
Interest & Investment Income	2.21M	2.16M	3.16M	2.99M	2.47M
Gain (Loss) on Sale of Investments	—	—	0.52M	1.39M	0.68M
Expenses & Provisions
Cost of Revenue	224.13M	88.71M	44.14M	38.67M	31.98M
Selling, General & Admin	119.30M	95.40M	67.01M	57.28M	56.60M
Operating Expenses	119.67M	98.59M	65.36M	48.96M	50.54M
Other Operating Expenses	—	—	-1.65M	-8.33M	-6.05M
Interest Expense	—	-45.68K	-89.17K	-116.35K	-163.85K
Other Non Operating Income (Expenses)	-2.31M	10.70M	—	14.64M	—
Legal Settlements	—	—	—	—	25.70M
D&A For EBITDA	4.42M	2.51M	2.20M	1.96M	1.81M
Profitability & Returns
Gross Profit	94.85M	70.10M	22.73M	18.02M	10.47M
Gross Margin	+29.7%	+44.1%	+34.0%	+31.8%	+24.7%
EBIT	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
EBIT Margin	-7.8%	-17.9%	-63.8%	-54.6%	-94.4%
EBITDA	-20.40M	-25.98M	-40.43M	-28.98M	-38.26M
EBITDA Margin	-6.4%	-16.4%	-60.5%	-51.1%	-90.1%
EBT Excluding Unusual Items	-24.92M	-15.69M	-39.56M	-13.43M	-37.77M
Pretax Income	-24.92M	-15.69M	-39.04M	-12.04M	-11.39M
Operating Income	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
Operating Margin	-7.8%	-17.9%	-63.8%	-54.6%	-94.4%
Profit Margin	-10.9%	-13.2%	-68.1%	-34.2%	-52.0%
Net Income	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
Net Income to Common	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
Net Income to Company	-34.02M	-21.31M	-45.60M	-18.84M	-22.53M
Earnings From Continuing Ops.	-34.02M	-21.31M	-45.60M	-18.84M	-22.53M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-846.99K	351.65K	46.09K	-552.71K	440.20K
Income Tax Expense	9.11M	5.62M	6.56M	6.80M	11.13M
Per Share & Capital
EPS (Basic)	-0.10	-0.06	-0.13	-0.06	-0.07
EPS (Diluted)	-0.10	-0.06	-0.13	-0.06	-0.07
Shares Outstanding (Basic)	339.30M	339.30M	339.30M	339.30M	339.30M
Shares Outstanding (Diluted)	339.30M	339.30M	339.30M	339.30M	339.30M
Free Cash Flow	-309.86M	-336.02M	51.40M	-27.81M	27.43M
Free Cash Flow Margin	-97.1%	-211.6%	+76.9%	-49.1%	+64.6%
Free Cash Flow Per Share	-0.91	-0.99	0.15	-0.08	0.08

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
Operating Summary
Revenue	318.99M	158.80M	66.86M	56.69M	42.45M
Cost of Revenue	224.13M	88.71M	44.14M	38.67M	31.98M
Gross Profit	94.85M	70.10M	22.73M	18.02M	10.47M
SG&A	119.30M	95.40M	67.01M	57.28M	56.60M
Operating Expenses	119.67M	98.59M	65.36M	48.96M	50.54M
Operating Income	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
Interest Income	2.21M	2.16M	3.16M	2.99M	2.47M
Interest Expense	—	-45.68K	-89.17K	-116.35K	-163.85K
Other Income/Expense	-2.31M	10.70M	—	14.64M	—
Pretax Income	-24.92M	-15.69M	-39.04M	-12.04M	-11.39M
Income Tax	9.11M	5.62M	6.56M	6.80M	11.13M
Net Income	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
EBITDA	-20.40M	-25.98M	-40.43M	-28.98M	-38.26M
EBIT	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
EPS (Basic)	-0.10	-0.06	-0.13	-0.06	-0.07
EPS (Diluted)	-0.10	-0.06	-0.13	-0.06	-0.07
Margins & Efficiency
Gross Margin %	+29.7%	+44.1%	+34.0%	+31.8%	+24.7%
EBITDA Margin %	-6.4%	-16.4%	-60.5%	-51.1%	-90.1%
Net Margin %	-10.9%	-13.2%	-68.1%	-34.2%	-52.0%
Revenue & Income
Revenue	318.99M	158.80M	66.86M	56.69M	42.45M
Revenue Growth (YoY)	+100.9%	+137.5%	+17.9%	+33.5%	-62.4%
Interest & Investment Income	2.21M	2.16M	3.16M	2.99M	2.47M
Gain (Loss) on Sale of Investments	—	—	0.52M	1.39M	0.68M
Expenses & Provisions
Cost of Revenue	224.13M	88.71M	44.14M	38.67M	31.98M
Selling, General & Admin	119.30M	95.40M	67.01M	57.28M	56.60M
Operating Expenses	119.67M	98.59M	65.36M	48.96M	50.54M
Other Operating Expenses	—	—	-1.65M	-8.33M	-6.05M
Interest Expense	—	-45.68K	-89.17K	-116.35K	-163.85K
Other Non Operating Income (Expenses)	-2.31M	10.70M	—	14.64M	—
Legal Settlements	—	—	—	—	25.70M
D&A For EBITDA	4.42M	2.51M	2.20M	1.96M	1.81M
Profitability & Returns
Gross Profit	94.85M	70.10M	22.73M	18.02M	10.47M
Gross Margin	+29.7%	+44.1%	+34.0%	+31.8%	+24.7%
EBIT	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
EBIT Margin	-7.8%	-17.9%	-63.8%	-54.6%	-94.4%
EBITDA	-20.40M	-25.98M	-40.43M	-28.98M	-38.26M
EBITDA Margin	-6.4%	-16.4%	-60.5%	-51.1%	-90.1%
EBT Excluding Unusual Items	-24.92M	-15.69M	-39.56M	-13.43M	-37.77M
Pretax Income	-24.92M	-15.69M	-39.04M	-12.04M	-11.39M
Operating Income	-24.82M	-28.50M	-42.63M	-30.94M	-40.07M
Operating Margin	-7.8%	-17.9%	-63.8%	-54.6%	-94.4%
Profit Margin	-10.9%	-13.2%	-68.1%	-34.2%	-52.0%
Net Income	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
Net Income to Common	-34.87M	-20.96M	-45.56M	-19.39M	-22.09M
Net Income to Company	-34.02M	-21.31M	-45.60M	-18.84M	-22.53M
Earnings From Continuing Ops.	-34.02M	-21.31M	-45.60M	-18.84M	-22.53M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-846.99K	351.65K	46.09K	-552.71K	440.20K
Income Tax Expense	9.11M	5.62M	6.56M	6.80M	11.13M
Per Share & Capital
EPS (Basic)	-0.10	-0.06	-0.13	-0.06	-0.07
EPS (Diluted)	-0.10	-0.06	-0.13	-0.06	-0.07
Shares Outstanding (Basic)	339.30M	339.30M	339.30M	339.30M	339.30M
Shares Outstanding (Diluted)	339.30M	339.30M	339.30M	339.30M	339.30M
Free Cash Flow	-309.86M	-336.02M	51.40M	-27.81M	27.43M
Free Cash Flow Margin	-97.1%	-211.6%	+76.9%	-49.1%	+64.6%
Free Cash Flow Per Share	-0.91	-0.99	0.15	-0.08	0.08