MOLAN

Molan Steel Company

9553StocksTadawulIndustrials

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
Operations
Operating Cash Flow	2.14M	5.47M	-9.99M	-6.73M	-2.63M
Free Cash Flow	2.14M	5.45M	-10.81M	-7.07M	-3.33M
Capital Expenditures	—	-17.50K	-827.07K	-340.57K	-700.10K
Investing & Financing
Investing Cash Flow	-0.04M	-5.04M	-0.80M	-0.53M	-0.70M
Financing Cash Flow	-5.80M	-6.21M	4.21M	14.37M	5.42M
Dividends Paid	—	—	—	—	—
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	2.14M	5.47M	-9.99M	-6.73M	-2.63M
Net Income	-21.85M	-7.07M	-4.79M	-0.76M	4.17M
Change in Accounts Payable	—	0.26M	-1.72M	2.43M	1.22M
Change in Accounts Receivable	—	-1.80M	-4.22M	-1.60M	-8.35M
Change in Inventory	—	-0.74M	3.35M	-3.80M	-0.15M
Change in Other Net Operating Assets	—	10.28M	-4.36M	-4.48M	—
Change in Working Capital	—	8.00M	-6.95M	-7.44M	-7.29M
Other Operating Activities	23.99M	2.54M	0.26M	0.18M	0.18M
Provision & Write-off of Bad Debts	—	265.23K	269.95K	319.86K	-219.80K
Depreciation & Amortization	—	1.69M	1.22M	0.95M	0.53M
Other Amortization	—	41.80K	38.05K	19.03K	—
Cash Interest Paid	—	1.29M	1.74M	0.81M	—
Miscellaneous Cash Flow Adjustments	—	683.87K	—	—	—
Investing Activities
Investing Cash Flow	-0.04M	-5.04M	-0.80M	-0.53M	-0.70M
Capital Expenditures	—	-17.50K	-827.07K	-340.57K	-700.10K
Cash Acquisitions	—	-5.00M	—	—	—
Other Investing Activities	-35.00K	—	—	—	—
Sale (Purchase) of Intangibles	—	-25.00K	—	-190.25K	—
Sale of Property, Plant & Equipment	—	—	29.39K	—	—
Loss (Gain) From Sale of Assets	—	—	-29.39K	—	—
Financing Activities
Financing Cash Flow	-5.80M	-6.21M	4.21M	14.37M	5.42M
Common Dividends Paid	—	—	—	—	—
Issuance of Common Stock	—	—	—	8.30M	5.97M
Repurchase of Common Stock	—	—	—	—	—
Short-Term Debt Issued	—	49.69M	68.22M	46.19M	8.04M
Total Debt Issued	—	49.69M	68.22M	46.19M	8.04M
Long-Term Debt Repaid	—	-1.08M	-1.21M	-0.55M	-0.53M
Short-Term Debt Repaid	—	-54.83M	-62.80M	-39.56M	-8.07M
Total Debt Repaid	—	-55.91M	-64.01M	-40.11M	-8.59M
Net Debt Issued (Repaid)	—	-6.21M	4.21M	6.07M	-0.55M
Other Financing Activities	-5.80M	—	—	—	—
Free Cash Flow & Returns
Free Cash Flow	2.14M	5.45M	-10.81M	-7.07M	-3.33M
Free Cash Flow Growth	-60.8%	—	—	—	—
Free Cash Flow Margin	+3.5%	+6.3%	-12.1%	-8.4%	-6.9%
Free Cash Flow Per Share	0.08	0.21	-0.42	-0.31	-0.15
Levered Free Cash Flow	—	32.10M	-9.50M	-7.47M	-4.89M
Unlevered Free Cash Flow	—	33.13M	-8.35M	-6.86M	-4.75M
Operating Cash Flow Growth	-60.9%	—	—	—	—
Net Cash Flow	-3.70M	-5.10M	-6.57M	7.11M	2.09M

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
Operations
Operating Cash Flow	2.14M	5.47M	-9.99M	-6.73M	-2.63M
Free Cash Flow	2.14M	5.45M	-10.81M	-7.07M	-3.33M
Capital Expenditures	—	-17.50K	-827.07K	-340.57K	-700.10K
Investing & Financing
Investing Cash Flow	-0.04M	-5.04M	-0.80M	-0.53M	-0.70M
Financing Cash Flow	-5.80M	-6.21M	4.21M	14.37M	5.42M
Dividends Paid	—	—	—	—	—
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	2.14M	5.47M	-9.99M	-6.73M	-2.63M
Net Income	-21.85M	-7.07M	-4.79M	-0.76M	4.17M
Change in Accounts Payable	—	0.26M	-1.72M	2.43M	1.22M
Change in Accounts Receivable	—	-1.80M	-4.22M	-1.60M	-8.35M
Change in Inventory	—	-0.74M	3.35M	-3.80M	-0.15M
Change in Other Net Operating Assets	—	10.28M	-4.36M	-4.48M	—
Change in Working Capital	—	8.00M	-6.95M	-7.44M	-7.29M
Other Operating Activities	23.99M	2.54M	0.26M	0.18M	0.18M
Provision & Write-off of Bad Debts	—	265.23K	269.95K	319.86K	-219.80K
Depreciation & Amortization	—	1.69M	1.22M	0.95M	0.53M
Other Amortization	—	41.80K	38.05K	19.03K	—
Cash Interest Paid	—	1.29M	1.74M	0.81M	—
Miscellaneous Cash Flow Adjustments	—	683.87K	—	—	—
Investing Activities
Investing Cash Flow	-0.04M	-5.04M	-0.80M	-0.53M	-0.70M
Capital Expenditures	—	-17.50K	-827.07K	-340.57K	-700.10K
Cash Acquisitions	—	-5.00M	—	—	—
Other Investing Activities	-35.00K	—	—	—	—
Sale (Purchase) of Intangibles	—	-25.00K	—	-190.25K	—
Sale of Property, Plant & Equipment	—	—	29.39K	—	—
Loss (Gain) From Sale of Assets	—	—	-29.39K	—	—
Financing Activities
Financing Cash Flow	-5.80M	-6.21M	4.21M	14.37M	5.42M
Common Dividends Paid	—	—	—	—	—
Issuance of Common Stock	—	—	—	8.30M	5.97M
Repurchase of Common Stock	—	—	—	—	—
Short-Term Debt Issued	—	49.69M	68.22M	46.19M	8.04M
Total Debt Issued	—	49.69M	68.22M	46.19M	8.04M
Long-Term Debt Repaid	—	-1.08M	-1.21M	-0.55M	-0.53M
Short-Term Debt Repaid	—	-54.83M	-62.80M	-39.56M	-8.07M
Total Debt Repaid	—	-55.91M	-64.01M	-40.11M	-8.59M
Net Debt Issued (Repaid)	—	-6.21M	4.21M	6.07M	-0.55M
Other Financing Activities	-5.80M	—	—	—	—
Free Cash Flow & Returns
Free Cash Flow	2.14M	5.45M	-10.81M	-7.07M	-3.33M
Free Cash Flow Growth	-60.8%	—	—	—	—
Free Cash Flow Margin	+3.5%	+6.3%	-12.1%	-8.4%	-6.9%
Free Cash Flow Per Share	0.08	0.21	-0.42	-0.31	-0.15
Levered Free Cash Flow	—	32.10M	-9.50M	-7.47M	-4.89M
Unlevered Free Cash Flow	—	33.13M	-8.35M	-6.86M	-4.75M
Operating Cash Flow Growth	-60.9%	—	—	—	—
Net Cash Flow	-3.70M	-5.10M	-6.57M	7.11M	2.09M