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
Operating Summary
Revenue	80.42M	51.09M	34.13M	38.07M	41.29M
Cost of Revenue	69.83M	46.68M	30.22M	29.93M	32.27M
Gross Profit	10.59M	4.42M	3.91M	8.14M	9.02M
SG&A	7.25M	7.51M	6.88M	4.26M	4.86M
Operating Expenses	7.62M	8.33M	7.26M	4.94M	4.86M
Operating Income	2.96M	-3.91M	-3.35M	3.20M	4.16M
Interest Expense	-2.04M	-1.38M	-0.75M	-0.09M	-0.10M
Other Income/Expense	0.18M	0.79M	1.59M	1.02M	0.63M
Pretax Income	0.38M	-3.76M	1.17M	4.63M	4.63M
Income Tax	215.61K	182.59K	220.36K	175.54K	177.99K
Net Income	0.16M	-3.95M	0.95M	4.46M	4.45M
EBITDA	8.57M	0.43M	0.09M	5.89M	7.75M
EBIT	2.96M	-3.91M	-3.35M	3.20M	4.16M
EPS (Basic)	0.12	-2.97	0.78	4.20	4.20
EPS (Diluted)	0.12	-2.97	0.78	4.20	4.20
Margins & Efficiency
Gross Margin %	+13.2%	+8.6%	+11.5%	+21.4%	+21.8%
EBITDA Margin %	+10.7%	+0.8%	+0.3%	+15.5%	+18.8%
Net Margin %	+0.2%	-7.7%	+2.8%	+11.7%	+10.8%
Revenue & Income
Revenue	80.42M	51.09M	34.13M	38.07M	41.29M
Revenue Growth (YoY)	+57.4%	+49.7%	-10.3%	-7.8%	-8.2%
Gain (Loss) on Sale of Assets	0.44M	—	3.75M	0.19M	-0.05M
Currency Exchange Gain (Loss)	-1.26M	0.63M	-0.20M	—	—
Expenses & Provisions
Advertising Expenses	1.55M	0.34M	—	—	—
Cost of Revenue	69.83M	46.68M	30.22M	29.93M	32.27M
Selling, General & Admin	7.25M	7.51M	6.88M	4.26M	4.86M
Operating Expenses	7.62M	8.33M	7.26M	4.94M	4.86M
Interest Expense	-2.04M	-1.38M	-0.75M	-0.09M	-0.10M
Other Non Operating Income (Expenses)	0.18M	0.79M	1.59M	1.02M	0.63M
Legal Settlements	100.50K	107.07K	142.48K	254.38K	—
D&A For EBITDA	5.61M	4.35M	3.44M	2.69M	3.59M
Profitability & Returns
Gross Profit	10.59M	4.42M	3.91M	8.14M	9.02M
Gross Margin	+13.2%	+8.6%	+11.5%	+21.4%	+21.8%
EBIT	2.96M	-3.91M	-3.35M	3.20M	4.16M
EBIT Margin	+3.7%	-7.7%	-9.8%	+8.4%	+10.1%
EBITDA	8.57M	0.43M	0.09M	5.89M	7.75M
EBITDA Margin	+10.7%	+0.8%	+0.3%	+15.5%	+18.8%
EBT Excluding Unusual Items	-0.16M	-3.87M	-2.72M	4.13M	4.69M
Pretax Income	0.38M	-3.76M	1.17M	4.63M	4.63M
Operating Income	2.96M	-3.91M	-3.35M	3.20M	4.16M
Operating Margin	+3.7%	-7.7%	-9.8%	+8.4%	+10.1%
Profit Margin	+0.2%	-7.7%	+2.8%	+11.7%	+10.8%
Net Income	0.16M	-3.95M	0.95M	4.46M	4.45M
Net Income to Common	0.16M	-3.95M	0.95M	4.46M	4.45M
Net Income Growth	—	—	-78.7%	+0.1%	-27.3%
Income Tax Expense	215.61K	182.59K	220.36K	175.54K	177.99K
Effective Tax Rate	+57.2%	—	+18.8%	+3.8%	+3.8%
Per Share & Capital
EPS (Basic)	0.12	-2.97	0.78	4.20	4.20
EPS (Diluted)	0.12	-2.97	0.78	4.20	4.20
EPS Growth	—	—	-81.4%	+0.1%	-27.3%
Shares Change (YoY)	—	0.09	0.15	—	—
Shares Outstanding (Basic)	1.33M	1.33M	1.22M	1.06M	1.06M
Shares Outstanding (Diluted)	1.33M	1.33M	1.22M	1.06M	1.06M
Free Cash Flow	-0.94M	-0.49M	-11.05M	1.55M	-0.74M
Free Cash Flow Margin	-1.2%	-1.0%	-32.4%	+4.1%	-1.8%
Free Cash Flow Per Share	-0.71	-0.37	-9.07	1.46	-0.70
Payout Ratio	—	—	—	—	+31.4%
Supplemental
Other Unusual Items	—	—	—	59.55K	—

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	80.42M	51.09M	34.13M	38.07M	41.29M
Cost of Revenue	69.83M	46.68M	30.22M	29.93M	32.27M
Gross Profit	10.59M	4.42M	3.91M	8.14M	9.02M
SG&A	7.25M	7.51M	6.88M	4.26M	4.86M
Operating Expenses	7.62M	8.33M	7.26M	4.94M	4.86M
Operating Income	2.96M	-3.91M	-3.35M	3.20M	4.16M
Interest Expense	-2.04M	-1.38M	-0.75M	-0.09M	-0.10M
Other Income/Expense	0.18M	0.79M	1.59M	1.02M	0.63M
Pretax Income	0.38M	-3.76M	1.17M	4.63M	4.63M
Income Tax	215.61K	182.59K	220.36K	175.54K	177.99K
Net Income	0.16M	-3.95M	0.95M	4.46M	4.45M
EBITDA	8.57M	0.43M	0.09M	5.89M	7.75M
EBIT	2.96M	-3.91M	-3.35M	3.20M	4.16M
EPS (Basic)	0.12	-2.97	0.78	4.20	4.20
EPS (Diluted)	0.12	-2.97	0.78	4.20	4.20
Margins & Efficiency
Gross Margin %	+13.2%	+8.6%	+11.5%	+21.4%	+21.8%
EBITDA Margin %	+10.7%	+0.8%	+0.3%	+15.5%	+18.8%
Net Margin %	+0.2%	-7.7%	+2.8%	+11.7%	+10.8%
Revenue & Income
Revenue	80.42M	51.09M	34.13M	38.07M	41.29M
Revenue Growth (YoY)	+57.4%	+49.7%	-10.3%	-7.8%	-8.2%
Gain (Loss) on Sale of Assets	0.44M	—	3.75M	0.19M	-0.05M
Currency Exchange Gain (Loss)	-1.26M	0.63M	-0.20M	—	—
Expenses & Provisions
Advertising Expenses	1.55M	0.34M	—	—	—
Cost of Revenue	69.83M	46.68M	30.22M	29.93M	32.27M
Selling, General & Admin	7.25M	7.51M	6.88M	4.26M	4.86M
Operating Expenses	7.62M	8.33M	7.26M	4.94M	4.86M
Interest Expense	-2.04M	-1.38M	-0.75M	-0.09M	-0.10M
Other Non Operating Income (Expenses)	0.18M	0.79M	1.59M	1.02M	0.63M
Legal Settlements	100.50K	107.07K	142.48K	254.38K	—
D&A For EBITDA	5.61M	4.35M	3.44M	2.69M	3.59M
Profitability & Returns
Gross Profit	10.59M	4.42M	3.91M	8.14M	9.02M
Gross Margin	+13.2%	+8.6%	+11.5%	+21.4%	+21.8%
EBIT	2.96M	-3.91M	-3.35M	3.20M	4.16M
EBIT Margin	+3.7%	-7.7%	-9.8%	+8.4%	+10.1%
EBITDA	8.57M	0.43M	0.09M	5.89M	7.75M
EBITDA Margin	+10.7%	+0.8%	+0.3%	+15.5%	+18.8%
EBT Excluding Unusual Items	-0.16M	-3.87M	-2.72M	4.13M	4.69M
Pretax Income	0.38M	-3.76M	1.17M	4.63M	4.63M
Operating Income	2.96M	-3.91M	-3.35M	3.20M	4.16M
Operating Margin	+3.7%	-7.7%	-9.8%	+8.4%	+10.1%
Profit Margin	+0.2%	-7.7%	+2.8%	+11.7%	+10.8%
Net Income	0.16M	-3.95M	0.95M	4.46M	4.45M
Net Income to Common	0.16M	-3.95M	0.95M	4.46M	4.45M
Net Income Growth	—	—	-78.7%	+0.1%	-27.3%
Income Tax Expense	215.61K	182.59K	220.36K	175.54K	177.99K
Effective Tax Rate	+57.2%	—	+18.8%	+3.8%	+3.8%
Per Share & Capital
EPS (Basic)	0.12	-2.97	0.78	4.20	4.20
EPS (Diluted)	0.12	-2.97	0.78	4.20	4.20
EPS Growth	—	—	-81.4%	+0.1%	-27.3%
Shares Change (YoY)	—	0.09	0.15	—	—
Shares Outstanding (Basic)	1.33M	1.33M	1.22M	1.06M	1.06M
Shares Outstanding (Diluted)	1.33M	1.33M	1.22M	1.06M	1.06M
Free Cash Flow	-0.94M	-0.49M	-11.05M	1.55M	-0.74M
Free Cash Flow Margin	-1.2%	-1.0%	-32.4%	+4.1%	-1.8%
Free Cash Flow Per Share	-0.71	-0.37	-9.07	1.46	-0.70
Payout Ratio	—	—	—	—	+31.4%
Supplemental
Other Unusual Items	—	—	—	59.55K	—

Financials

Annual (SAR)

MEYAR

Annual (SAR)