TADWEEER

National Environmental Recycling Co.

9540StocksTadawulIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operations
Operating Cash Flow	-10.16M	-49.48M	—	16.28M	-32.02M
Free Cash Flow	-17.58M	-68.35M	—	-0.89M	-41.45M
Capital Expenditures	-7.42M	-18.87M	—	-17.16M	-9.43M
Investing & Financing
Investing Cash Flow	-3.91M	-18.87M	—	-16.99M	-9.43M
Financing Cash Flow	15.35M	61.66M	—	3.63M	30.58M
Operating Activities
Operating Cash Flow	-10.16M	-49.48M	—	16.28M	-32.02M
Net Income	20.49M	23.26M	—	8.36M	18.27M
Change in Accounts Payable	50.27M	59.36M	—	1.65M	3.99M
Change in Accounts Receivable	-36.14M	-137.03M	—	-5.89M	-42.97M
Change in Inventory	13.23M	-22.68M	—	-3.96M	-3.39M
Change in Other Net Operating Assets	-67.16M	17.36M	—	9.91M	-16.51M
Change in Working Capital	-39.80M	-82.99M	—	1.71M	-58.88M
Other Operating Activities	3.95M	5.70M	—	1.67M	4.29M
Provision & Write-off of Bad Debts	1.21M	0.76M	—	1.27M	1.20M
Depreciation & Amortization	3.99M	3.79M	—	3.25M	3.10M
Stock-Based Compensation	—	—	—	—	—
Cash Interest Paid	—	—	—	—	—
Investing Activities
Investing Cash Flow	-3.91M	-18.87M	—	-16.99M	-9.43M
Capital Expenditures	-7.42M	-18.87M	—	-17.16M	-9.43M
Cash Acquisitions	—	—	—	—	—
Divestitures	—	—	—	—	—
Other Investing Activities	3.51M	—	—	—	—
Sale (Purchase) of Real Estate	—	—	—	—	—
Sale of Property, Plant & Equipment	—	—	—	0.17M	—
Loss (Gain) From Sale of Assets	—	—	—	19.51K	—
Financing Activities
Financing Cash Flow	15.35M	61.66M	—	3.63M	30.58M
Issuance of Common Stock	—	—	—	—	—
Long-Term Debt Issued	5.92M	—	—	—	81.85M
Short-Term Debt Issued	168.42M	—	—	—	—
Total Debt Issued	174.34M	185.33M	—	92.57M	81.85M
Long-Term Debt Repaid	-6.98M	—	—	—	-51.27M
Short-Term Debt Repaid	-152.01M	—	—	—	—
Total Debt Repaid	-158.99M	-132.43M	—	-83.56M	-51.27M
Net Debt Issued (Repaid)	15.35M	52.91M	—	9.01M	30.58M
Other Financing Activities	—	8.76M	—	-5.38M	—
Free Cash Flow & Returns
Free Cash Flow	-17.58M	-68.35M	—	-0.89M	-41.45M
Free Cash Flow Margin	-3.6%	-14.2%	—	-0.4%	-15.5%
Free Cash Flow Per Share	-0.08	-0.30	—	-0.00	-0.18
Levered Free Cash Flow	-25.47M	-80.62M	—	-6.94M	—
Unlevered Free Cash Flow	-25.47M	-77.85M	—	-4.51M	—
Operating Cash Flow Growth	—	—	—	+117.1%	—
Net Cash Flow	1.28M	-6.69M	—	2.91M	-10.88M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operations
Operating Cash Flow	-10.16M	-49.48M	—	16.28M	-32.02M
Free Cash Flow	-17.58M	-68.35M	—	-0.89M	-41.45M
Capital Expenditures	-7.42M	-18.87M	—	-17.16M	-9.43M
Investing & Financing
Investing Cash Flow	-3.91M	-18.87M	—	-16.99M	-9.43M
Financing Cash Flow	15.35M	61.66M	—	3.63M	30.58M
Operating Activities
Operating Cash Flow	-10.16M	-49.48M	—	16.28M	-32.02M
Net Income	20.49M	23.26M	—	8.36M	18.27M
Change in Accounts Payable	50.27M	59.36M	—	1.65M	3.99M
Change in Accounts Receivable	-36.14M	-137.03M	—	-5.89M	-42.97M
Change in Inventory	13.23M	-22.68M	—	-3.96M	-3.39M
Change in Other Net Operating Assets	-67.16M	17.36M	—	9.91M	-16.51M
Change in Working Capital	-39.80M	-82.99M	—	1.71M	-58.88M
Other Operating Activities	3.95M	5.70M	—	1.67M	4.29M
Provision & Write-off of Bad Debts	1.21M	0.76M	—	1.27M	1.20M
Depreciation & Amortization	3.99M	3.79M	—	3.25M	3.10M
Stock-Based Compensation	—	—	—	—	—
Cash Interest Paid	—	—	—	—	—
Investing Activities
Investing Cash Flow	-3.91M	-18.87M	—	-16.99M	-9.43M
Capital Expenditures	-7.42M	-18.87M	—	-17.16M	-9.43M
Cash Acquisitions	—	—	—	—	—
Divestitures	—	—	—	—	—
Other Investing Activities	3.51M	—	—	—	—
Sale (Purchase) of Real Estate	—	—	—	—	—
Sale of Property, Plant & Equipment	—	—	—	0.17M	—
Loss (Gain) From Sale of Assets	—	—	—	19.51K	—
Financing Activities
Financing Cash Flow	15.35M	61.66M	—	3.63M	30.58M
Issuance of Common Stock	—	—	—	—	—
Long-Term Debt Issued	5.92M	—	—	—	81.85M
Short-Term Debt Issued	168.42M	—	—	—	—
Total Debt Issued	174.34M	185.33M	—	92.57M	81.85M
Long-Term Debt Repaid	-6.98M	—	—	—	-51.27M
Short-Term Debt Repaid	-152.01M	—	—	—	—
Total Debt Repaid	-158.99M	-132.43M	—	-83.56M	-51.27M
Net Debt Issued (Repaid)	15.35M	52.91M	—	9.01M	30.58M
Other Financing Activities	—	8.76M	—	-5.38M	—
Free Cash Flow & Returns
Free Cash Flow	-17.58M	-68.35M	—	-0.89M	-41.45M
Free Cash Flow Margin	-3.6%	-14.2%	—	-0.4%	-15.5%
Free Cash Flow Per Share	-0.08	-0.30	—	-0.00	-0.18
Levered Free Cash Flow	-25.47M	-80.62M	—	-6.94M	—
Unlevered Free Cash Flow	-25.47M	-77.85M	—	-4.51M	—
Operating Cash Flow Growth	—	—	—	+117.1%	—
Net Cash Flow	1.28M	-6.69M	—	2.91M	-10.88M