Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	18.99M	42.78M	5.75M	13.83M	6.99M
Cash & Short-Term Investments	18.99M	42.78M	5.75M	13.83M	6.99M
Receivables	104.76M	88.63M	107.30M	58.04M	60.47M
Inventory	8.49M	9.21M	9.98M	5.49M	5.75M
Current Assets	138.73M	146.69M	126.65M	78.56M	75.49M
PP&E	238.35M	172.46M	144.01M	85.99M	80.39M
Goodwill	2.27M	2.27M	2.27M	2.27M	2.27M
Intangible Assets	1.42M	1.13M	0.98M	0.98M	—
Total Assets	385.25M	324.41M	276.90M	170.50M	158.14M
Liabilities
Accounts Payable	8.04M	7.54M	21.98M	4.65M	6.73M
Current Liabilities	22.16M	22.16M	46.09M	20.68M	26.16M
Long-Term Debt	120.80M	84.18M	34.31M	7.25M	18.25M
Short-Term Debt	—	—	—	—	—
Total Debt	122.81M	89.17M	48.19M	22.07M	33.29M
Total Liabilities	162.39M	124.74M	96.80M	40.48M	55.28M
Equity & Ownership
Retained Earnings	119.79M	95.42M	73.63M	58.35M	31.43M
Total Equity	222.86M	199.66M	180.09M	130.02M	102.86M
Net Debt	103.82M	46.39M	42.45M	8.24M	26.30M
Shares Outstanding	21,000,000	21,000,000	21,000,000	21,000,000	21,000,000
Cash & Assets
Total Assets	385.25M	324.41M	276.90M	170.50M	158.14M
Total Current Assets	138.73M	146.69M	126.65M	78.56M	75.49M
Cash & Equivalents	18.99M	42.78M	5.75M	13.83M	6.99M
Cash & Short-Term Investments	18.99M	42.78M	5.75M	13.83M	6.99M
Net Cash (Debt)	-103.82M	-46.39M	-42.45M	-8.24M	-26.30M
Net Cash Per Share	-4.94	-2.21	-2.02	-0.39	-1.25
Cash Growth	-55.6%	+644.6%	-58.4%	+97.7%	+291.7%
Accounts Receivable	104.53M	87.72M	106.94M	57.54M	60.12M
Other Receivables	232.46K	908.37K	365.03K	494.74K	347.97K
Receivables	104.76M	88.63M	107.30M	58.04M	60.47M
Inventory	8.49M	9.21M	9.98M	5.49M	5.75M
Prepaid Expenses	1.47M	1.26M	0.91M	0.49M	0.62M
Construction In Progress	127.59M	66.87M	39.06M	5.98M	2.15M
Land	63.05M	55.74M	54.82M	47.99M	44.48M
Buildings	56.95M	54.45M	52.93M	37.83M	37.83M
Machinery	109.57M	102.77M	94.63M	62.72M	58.99M
Property, Plant & Equipment	238.35M	172.46M	144.01M	85.99M	80.39M
Goodwill	2.27M	2.27M	2.27M	2.27M	2.27M
Other Intangible Assets	1.42M	1.13M	0.98M	0.98M	—
Other Current Assets	5.02M	4.82M	2.72M	0.71M	1.65M
Long-Term Leases	0.24M	2.40M	3.46M	4.55M	4.80M
Current Portion of Leases	1.77M	1.82M	1.67M	1.52M	1.49M
Loans & Investments
Long-Term Investments	4.48M	1.86M	2.99M	2.70M	—
Liabilities & Obligations
Total Liabilities	162.39M	124.74M	96.80M	40.48M	55.28M
Total Liabilities & Equity	385.25M	324.41M	276.90M	170.50M	158.14M
Total Current Liabilities	22.16M	22.16M	46.09M	20.68M	26.16M
Accounts Payable	8.04M	7.54M	21.98M	4.65M	6.73M
Accrued Expenses	8.20M	7.66M	10.11M	2.89M	4.57M
Current Income Taxes Payable	4.05M	3.89M	3.10M	2.40M	2.01M
Other Current Liabilities	0.09M	0.47M	0.47M	0.47M	2.60M
Pension & Post-Retirement Benefits	19.20M	16.01M	12.95M	8.00M	6.07M
Debt & Funding
Long-Term Debt	120.80M	84.18M	34.31M	7.25M	18.25M
Short-Term Debt	—	—	—	—	—
Total Debt	122.81M	89.17M	48.19M	22.07M	33.29M
Current Portion of Long-Term Debt	—	0.78M	8.75M	8.75M	8.75M
Equity & Book Value
Shareholders' Equity	222.86M	199.66M	180.09M	130.02M	102.86M
Common Stock	105.00M	105.00M	105.00M	70.00M	70.00M
Retained Earnings	119.79M	95.42M	73.63M	58.35M	31.43M
Comprehensive Income & Other	-1.94M	-0.75M	1.46M	1.67M	1.44M
Book Value Per Share	10.61	9.51	8.58	6.19	4.90
Tangible Book Value	219.17M	196.27M	176.84M	126.77M	100.59M
Tangible Book Value Per Share	10.44	9.35	8.42	6.04	4.79
Filing Date Shares Outstanding	21.00M	21.00M	21.00M	21.00M	21.00M
Total Common Shares Outstanding	21.00M	21.00M	21.00M	21.00M	21.00M
Working Capital	116.57M	124.53M	80.56M	57.88M	49.33M

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
Assets
Cash & Equivalents	18.99M	42.78M	5.75M	13.83M	6.99M
Cash & Short-Term Investments	18.99M	42.78M	5.75M	13.83M	6.99M
Receivables	104.76M	88.63M	107.30M	58.04M	60.47M
Inventory	8.49M	9.21M	9.98M	5.49M	5.75M
Current Assets	138.73M	146.69M	126.65M	78.56M	75.49M
PP&E	238.35M	172.46M	144.01M	85.99M	80.39M
Goodwill	2.27M	2.27M	2.27M	2.27M	2.27M
Intangible Assets	1.42M	1.13M	0.98M	0.98M	—
Total Assets	385.25M	324.41M	276.90M	170.50M	158.14M
Liabilities
Accounts Payable	8.04M	7.54M	21.98M	4.65M	6.73M
Current Liabilities	22.16M	22.16M	46.09M	20.68M	26.16M
Long-Term Debt	120.80M	84.18M	34.31M	7.25M	18.25M
Short-Term Debt	—	—	—	—	—
Total Debt	122.81M	89.17M	48.19M	22.07M	33.29M
Total Liabilities	162.39M	124.74M	96.80M	40.48M	55.28M
Equity & Ownership
Retained Earnings	119.79M	95.42M	73.63M	58.35M	31.43M
Total Equity	222.86M	199.66M	180.09M	130.02M	102.86M
Net Debt	103.82M	46.39M	42.45M	8.24M	26.30M
Shares Outstanding	21,000,000	21,000,000	21,000,000	21,000,000	21,000,000
Cash & Assets
Total Assets	385.25M	324.41M	276.90M	170.50M	158.14M
Total Current Assets	138.73M	146.69M	126.65M	78.56M	75.49M
Cash & Equivalents	18.99M	42.78M	5.75M	13.83M	6.99M
Cash & Short-Term Investments	18.99M	42.78M	5.75M	13.83M	6.99M
Net Cash (Debt)	-103.82M	-46.39M	-42.45M	-8.24M	-26.30M
Net Cash Per Share	-4.94	-2.21	-2.02	-0.39	-1.25
Cash Growth	-55.6%	+644.6%	-58.4%	+97.7%	+291.7%
Accounts Receivable	104.53M	87.72M	106.94M	57.54M	60.12M
Other Receivables	232.46K	908.37K	365.03K	494.74K	347.97K
Receivables	104.76M	88.63M	107.30M	58.04M	60.47M
Inventory	8.49M	9.21M	9.98M	5.49M	5.75M
Prepaid Expenses	1.47M	1.26M	0.91M	0.49M	0.62M
Construction In Progress	127.59M	66.87M	39.06M	5.98M	2.15M
Land	63.05M	55.74M	54.82M	47.99M	44.48M
Buildings	56.95M	54.45M	52.93M	37.83M	37.83M
Machinery	109.57M	102.77M	94.63M	62.72M	58.99M
Property, Plant & Equipment	238.35M	172.46M	144.01M	85.99M	80.39M
Goodwill	2.27M	2.27M	2.27M	2.27M	2.27M
Other Intangible Assets	1.42M	1.13M	0.98M	0.98M	—
Other Current Assets	5.02M	4.82M	2.72M	0.71M	1.65M
Long-Term Leases	0.24M	2.40M	3.46M	4.55M	4.80M
Current Portion of Leases	1.77M	1.82M	1.67M	1.52M	1.49M
Loans & Investments
Long-Term Investments	4.48M	1.86M	2.99M	2.70M	—
Liabilities & Obligations
Total Liabilities	162.39M	124.74M	96.80M	40.48M	55.28M
Total Liabilities & Equity	385.25M	324.41M	276.90M	170.50M	158.14M
Total Current Liabilities	22.16M	22.16M	46.09M	20.68M	26.16M
Accounts Payable	8.04M	7.54M	21.98M	4.65M	6.73M
Accrued Expenses	8.20M	7.66M	10.11M	2.89M	4.57M
Current Income Taxes Payable	4.05M	3.89M	3.10M	2.40M	2.01M
Other Current Liabilities	0.09M	0.47M	0.47M	0.47M	2.60M
Pension & Post-Retirement Benefits	19.20M	16.01M	12.95M	8.00M	6.07M
Debt & Funding
Long-Term Debt	120.80M	84.18M	34.31M	7.25M	18.25M
Short-Term Debt	—	—	—	—	—
Total Debt	122.81M	89.17M	48.19M	22.07M	33.29M
Current Portion of Long-Term Debt	—	0.78M	8.75M	8.75M	8.75M
Equity & Book Value
Shareholders' Equity	222.86M	199.66M	180.09M	130.02M	102.86M
Common Stock	105.00M	105.00M	105.00M	70.00M	70.00M
Retained Earnings	119.79M	95.42M	73.63M	58.35M	31.43M
Comprehensive Income & Other	-1.94M	-0.75M	1.46M	1.67M	1.44M
Book Value Per Share	10.61	9.51	8.58	6.19	4.90
Tangible Book Value	219.17M	196.27M	176.84M	126.77M	100.59M
Tangible Book Value Per Share	10.44	9.35	8.42	6.04	4.79
Filing Date Shares Outstanding	21.00M	21.00M	21.00M	21.00M	21.00M
Total Common Shares Outstanding	21.00M	21.00M	21.00M	21.00M	21.00M
Working Capital	116.57M	124.53M	80.56M	57.88M	49.33M

Financials

Annual (SAR)

NABA ALSAHA

Annual (SAR)