BANAN

Banan Real Estate Company

4324StocksTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	19.37M	19.57M	18.31M	18.80M	17.78M
Interest Income	0.77M	—	—	—	1.22M
Interest Expense	-2.08M	-2.37M	-3.52M	-1.67M	-0.88M
Pretax Income	9.23M	12.40M	11.59M	13.89M	10.68M
Income Tax	-473.86K	702.46K	423.89K	158.94K	383.26K
Net Income	7.54M	8.79M	8.17M	10.00M	5.54M
Rental Revenue	19.53M	18.59M	17.71M	18.03M	16.75M
Property Expenses	3.30M	3.11M	3.10M	2.78M	2.53M
Operating Income	13.74M	14.17M	12.81M	13.76M	12.03M
EPS (Basic)	0.04	0.04	0.04	0.05	0.03
EPS (Diluted)	0.04	0.04	0.04	0.05	0.03
Margins & Efficiency
Net Margin %	+38.9%	+44.9%	+44.6%	+53.2%	+31.2%
Revenue & Income
Revenue Growth (YoY)	+8.9%	+13.1%	-12.2%	-53.2%	+3.7%
Revenue RE	19.37M	19.57M	18.31M	18.80M	17.78M
Rental Revenue	19.53M	18.59M	17.71M	18.03M	16.75M
Other Revenue RE	-0.16M	0.99M	0.60M	0.76M	1.03M
Gain Assets RE	—	—	—	1.23M	0.83M
Gain Investments RE	1.93M	-0.05M	-0.24M	0.06M	-0.17M
Expenses & Provisions
SG&A RE	-3.67M	2.24M	2.35M	2.76M	-2.30M
Total Operating Expenses RE	5.63M	5.41M	5.50M	5.04M	5.76M
Interest Expense RE	-2.08M	-2.37M	-3.52M	-1.67M	-0.88M
Other Non Oper Exp Suppl RE	-1.10M	0.46M	0.36M	0.25M	-1.26M
Property Expenses	3.30M	3.11M	3.10M	2.78M	2.53M
Asset Writedown	-4.04M	0.20M	2.18M	0.26M	-1.08M
D&A For EBITDA	1.90M	1.89M	1.89M	1.90M	1.89M
Dep Amor RE	551.26K	—	—	—	603.03K
Profitability & Returns
EBIT	13.74M	14.17M	12.81M	13.76M	12.03M
EBIT Margin	+71.0%	+72.4%	+69.9%	+73.2%	+67.6%
EBITDA	15.64M	16.06M	14.70M	15.66M	13.92M
EBITDA Margin	+80.8%	+82.0%	+80.3%	+83.3%	+78.3%
EBT Excl RE	11.34M	12.26M	9.65M	12.34M	11.10M
Pretax Income	9.23M	12.40M	11.59M	13.89M	10.68M
Operating Income RE	13.74M	14.17M	12.81M	13.76M	12.03M
Operating Margin	+71.0%	+72.4%	+69.9%	+73.2%	+67.6%
Profit Margin	+38.9%	+44.9%	+44.6%	+53.2%	+31.2%
Net Income	7.54M	8.79M	8.17M	10.00M	5.54M
Net Income to Common	7.54M	8.79M	8.17M	10.00M	5.54M
Net Income to Company	9.71M	11.70M	11.17M	13.73M	10.29M
Net Income Growth	+36.0%	-12.4%	+27.3%	-26.7%	-46.1%
Earnings From Continuing Ops.	9.71M	11.70M	11.17M	13.73M	10.29M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-2.17M	-2.91M	-3.00M	-3.74M	-4.75M
Income Tax Expense	-473.86K	702.46K	423.89K	158.94K	383.26K
Effective Tax Rate	—	+5.7%	+3.7%	+1.1%	+3.6%
Net Interest Expense RE	-1.31M	-2.37M	-3.52M	-1.67M	0.34M
Per Share & Capital
EPS (Basic)	0.04	0.04	0.04	0.05	0.03
EPS (Diluted)	0.04	0.04	0.04	0.05	0.03
EPS Growth	+36.0%	-12.4%	+27.3%	-26.7%	-46.1%
Dividend Per Share	—	0.03	—	—	0.03
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	—	-14.3%	—	—	-28.6%
Payout Ratio	+15.2%	+112.2%	—	—	+4.2%
Supplemental
Int Inc RE	0.77M	—	—	—	1.22M
Other Operating Expenses RE	4.84M	—	—	—	4.29M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	19.37M	19.57M	18.31M	18.80M	17.78M
Interest Income	0.77M	—	—	—	1.22M
Interest Expense	-2.08M	-2.37M	-3.52M	-1.67M	-0.88M
Pretax Income	9.23M	12.40M	11.59M	13.89M	10.68M
Income Tax	-473.86K	702.46K	423.89K	158.94K	383.26K
Net Income	7.54M	8.79M	8.17M	10.00M	5.54M
Rental Revenue	19.53M	18.59M	17.71M	18.03M	16.75M
Property Expenses	3.30M	3.11M	3.10M	2.78M	2.53M
Operating Income	13.74M	14.17M	12.81M	13.76M	12.03M
EPS (Basic)	0.04	0.04	0.04	0.05	0.03
EPS (Diluted)	0.04	0.04	0.04	0.05	0.03
Margins & Efficiency
Net Margin %	+38.9%	+44.9%	+44.6%	+53.2%	+31.2%
Revenue & Income
Revenue Growth (YoY)	+8.9%	+13.1%	-12.2%	-53.2%	+3.7%
Revenue RE	19.37M	19.57M	18.31M	18.80M	17.78M
Rental Revenue	19.53M	18.59M	17.71M	18.03M	16.75M
Other Revenue RE	-0.16M	0.99M	0.60M	0.76M	1.03M
Gain Assets RE	—	—	—	1.23M	0.83M
Gain Investments RE	1.93M	-0.05M	-0.24M	0.06M	-0.17M
Expenses & Provisions
SG&A RE	-3.67M	2.24M	2.35M	2.76M	-2.30M
Total Operating Expenses RE	5.63M	5.41M	5.50M	5.04M	5.76M
Interest Expense RE	-2.08M	-2.37M	-3.52M	-1.67M	-0.88M
Other Non Oper Exp Suppl RE	-1.10M	0.46M	0.36M	0.25M	-1.26M
Property Expenses	3.30M	3.11M	3.10M	2.78M	2.53M
Asset Writedown	-4.04M	0.20M	2.18M	0.26M	-1.08M
D&A For EBITDA	1.90M	1.89M	1.89M	1.90M	1.89M
Dep Amor RE	551.26K	—	—	—	603.03K
Profitability & Returns
EBIT	13.74M	14.17M	12.81M	13.76M	12.03M
EBIT Margin	+71.0%	+72.4%	+69.9%	+73.2%	+67.6%
EBITDA	15.64M	16.06M	14.70M	15.66M	13.92M
EBITDA Margin	+80.8%	+82.0%	+80.3%	+83.3%	+78.3%
EBT Excl RE	11.34M	12.26M	9.65M	12.34M	11.10M
Pretax Income	9.23M	12.40M	11.59M	13.89M	10.68M
Operating Income RE	13.74M	14.17M	12.81M	13.76M	12.03M
Operating Margin	+71.0%	+72.4%	+69.9%	+73.2%	+67.6%
Profit Margin	+38.9%	+44.9%	+44.6%	+53.2%	+31.2%
Net Income	7.54M	8.79M	8.17M	10.00M	5.54M
Net Income to Common	7.54M	8.79M	8.17M	10.00M	5.54M
Net Income to Company	9.71M	11.70M	11.17M	13.73M	10.29M
Net Income Growth	+36.0%	-12.4%	+27.3%	-26.7%	-46.1%
Earnings From Continuing Ops.	9.71M	11.70M	11.17M	13.73M	10.29M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-2.17M	-2.91M	-3.00M	-3.74M	-4.75M
Income Tax Expense	-473.86K	702.46K	423.89K	158.94K	383.26K
Effective Tax Rate	—	+5.7%	+3.7%	+1.1%	+3.6%
Net Interest Expense RE	-1.31M	-2.37M	-3.52M	-1.67M	0.34M
Per Share & Capital
EPS (Basic)	0.04	0.04	0.04	0.05	0.03
EPS (Diluted)	0.04	0.04	0.04	0.05	0.03
EPS Growth	+36.0%	-12.4%	+27.3%	-26.7%	-46.1%
Dividend Per Share	—	0.03	—	—	0.03
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	—	-14.3%	—	—	-28.6%
Payout Ratio	+15.2%	+112.2%	—	—	+4.2%
Supplemental
Int Inc RE	0.77M	—	—	—	1.22M
Other Operating Expenses RE	4.84M	—	—	—	4.29M