ALJAZIRA REIT

AlJazira REIT Fund

4331StocksTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	7.11M	6.50M	5.98M	6.03M	5.25M
Pretax Income	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income	7.36M	3.02M	7.25M	5.70M	4.29M
Rental Revenue	7.06M	6.41M	5.98M	6.02M	5.24M
Property Expenses	1.06M	1.07M	1.02M	1.60M	0.97M
Operating Income	4.66M	4.10M	3.45M	3.14M	2.46M
EPS (Basic)	0.62	0.26	0.61	0.48	0.36
EPS (Diluted)	0.62	0.26	0.61	0.48	0.36
DPS	0.43	0.40	0.34	0.29	0.34
Margins & Efficiency
Net Margin %	+103.6%	+46.5%	+121.3%	+94.4%	+81.8%
Revenue & Income
Revenue as Reported	7.11M	6.50M	5.98M	6.03M	5.25M
Revenue Growth (YoY)	+9.2%	+8.9%	-0.9%	+14.9%	-13.8%
Revenue RE	7.11M	6.50M	5.98M	6.03M	5.25M
Rental Revenue	7.06M	6.41M	5.98M	6.02M	5.24M
Gain Investments Rev Real Estate	47.21K	90.38K	—	6.11K	10.39K
Expenses & Provisions
Total Operating Expenses RE	2.44M	2.41M	2.53M	2.89M	2.79M
Other Non Oper Exp Suppl RE	-0.05M	-0.05M	-0.05M	-0.05M	-0.05M
Property Expenses	1.06M	1.07M	1.02M	1.60M	0.97M
Asset Writedown	2.75M	-1.02M	3.85M	2.61M	1.88M
D&A For EBITDA	926.35K	928.89K	926.35K	926.35K	926.35K
Dep Amor RE	926.35K	928.89K	926.35K	926.35K	926.35K
Profitability & Returns
EBIT	4.66M	4.10M	3.45M	3.14M	2.46M
EBIT Margin	+65.6%	+63.0%	+57.7%	+52.1%	+46.9%
EBITDA	5.59M	5.02M	4.38M	4.07M	3.39M
EBITDA Margin	+78.7%	+77.2%	+73.2%	+67.4%	+64.6%
EBT Excl RE	4.61M	4.05M	3.40M	3.09M	2.41M
Pretax Income	7.36M	3.02M	7.25M	5.70M	4.29M
Operating Income RE	4.66M	4.10M	3.45M	3.14M	2.46M
Operating Margin	+65.6%	+63.0%	+57.7%	+52.1%	+46.9%
Profit Margin	+103.6%	+46.5%	+121.3%	+94.4%	+81.8%
Net Income	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income to Common	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income Growth	+143.5%	-58.3%	+27.3%	+32.7%	—
Per Share & Capital
EPS (Basic)	0.62	0.26	0.61	0.48	0.36
EPS (Diluted)	0.62	0.26	0.61	0.48	0.36
EPS Growth	+143.5%	-58.3%	+27.3%	+32.7%	—
Dividend Per Share	0.43	0.40	0.34	0.29	0.34
Shares Outstanding (Basic)	11.80M	11.80M	11.80M	11.80M	11.80M
Shares Outstanding (Diluted)	11.80M	11.80M	11.80M	11.80M	11.80M
Dividend Growth	+7.5%	+17.5%	+16.6%	-13.6%	+12.7%
Payout Ratio	+68.9%	+156.1%	+55.4%	+60.6%	+92.9%
Supplemental
Other Operating Expenses RE	0.45M	0.41M	0.58M	0.37M	0.89M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	7.11M	6.50M	5.98M	6.03M	5.25M
Pretax Income	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income	7.36M	3.02M	7.25M	5.70M	4.29M
Rental Revenue	7.06M	6.41M	5.98M	6.02M	5.24M
Property Expenses	1.06M	1.07M	1.02M	1.60M	0.97M
Operating Income	4.66M	4.10M	3.45M	3.14M	2.46M
EPS (Basic)	0.62	0.26	0.61	0.48	0.36
EPS (Diluted)	0.62	0.26	0.61	0.48	0.36
DPS	0.43	0.40	0.34	0.29	0.34
Margins & Efficiency
Net Margin %	+103.6%	+46.5%	+121.3%	+94.4%	+81.8%
Revenue & Income
Revenue as Reported	7.11M	6.50M	5.98M	6.03M	5.25M
Revenue Growth (YoY)	+9.2%	+8.9%	-0.9%	+14.9%	-13.8%
Revenue RE	7.11M	6.50M	5.98M	6.03M	5.25M
Rental Revenue	7.06M	6.41M	5.98M	6.02M	5.24M
Gain Investments Rev Real Estate	47.21K	90.38K	—	6.11K	10.39K
Expenses & Provisions
Total Operating Expenses RE	2.44M	2.41M	2.53M	2.89M	2.79M
Other Non Oper Exp Suppl RE	-0.05M	-0.05M	-0.05M	-0.05M	-0.05M
Property Expenses	1.06M	1.07M	1.02M	1.60M	0.97M
Asset Writedown	2.75M	-1.02M	3.85M	2.61M	1.88M
D&A For EBITDA	926.35K	928.89K	926.35K	926.35K	926.35K
Dep Amor RE	926.35K	928.89K	926.35K	926.35K	926.35K
Profitability & Returns
EBIT	4.66M	4.10M	3.45M	3.14M	2.46M
EBIT Margin	+65.6%	+63.0%	+57.7%	+52.1%	+46.9%
EBITDA	5.59M	5.02M	4.38M	4.07M	3.39M
EBITDA Margin	+78.7%	+77.2%	+73.2%	+67.4%	+64.6%
EBT Excl RE	4.61M	4.05M	3.40M	3.09M	2.41M
Pretax Income	7.36M	3.02M	7.25M	5.70M	4.29M
Operating Income RE	4.66M	4.10M	3.45M	3.14M	2.46M
Operating Margin	+65.6%	+63.0%	+57.7%	+52.1%	+46.9%
Profit Margin	+103.6%	+46.5%	+121.3%	+94.4%	+81.8%
Net Income	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income to Common	7.36M	3.02M	7.25M	5.70M	4.29M
Net Income Growth	+143.5%	-58.3%	+27.3%	+32.7%	—
Per Share & Capital
EPS (Basic)	0.62	0.26	0.61	0.48	0.36
EPS (Diluted)	0.62	0.26	0.61	0.48	0.36
EPS Growth	+143.5%	-58.3%	+27.3%	+32.7%	—
Dividend Per Share	0.43	0.40	0.34	0.29	0.34
Shares Outstanding (Basic)	11.80M	11.80M	11.80M	11.80M	11.80M
Shares Outstanding (Diluted)	11.80M	11.80M	11.80M	11.80M	11.80M
Dividend Growth	+7.5%	+17.5%	+16.6%	-13.6%	+12.7%
Payout Ratio	+68.9%	+156.1%	+55.4%	+60.6%	+92.9%
Supplemental
Other Operating Expenses RE	0.45M	0.41M	0.58M	0.37M	0.89M