DEVELOPMENT TAM

Tam Development Company

9570StocksTadawulTechnology

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	—	39.47M	41.15M	27.11M	46.37M
Cash & Short-Term Investments	—	39.47M	46.15M	32.11M	52.37M
Receivables	—	141.37M	146.79M	139.98M	109.33M
Current Assets	—	189.85M	199.50M	185.23M	171.75M
PP&E	—	17.06M	17.73M	17.77M	2.10M
Intangible Assets	—	16.07M	12.16M	9.89M	9.93M
Total Assets	—	222.98M	229.39M	212.90M	188.78M
Liabilities
Accounts Payable	—	14.79M	19.30M	20.36M	9.63M
Current Liabilities	—	56.76M	70.45M	78.09M	73.60M
Long-Term Debt	—	4.67M	5.03M	—	—
Short-Term Debt	—	15.77M	—	—	—
Total Debt	—	41.38M	19.26M	15.29M	—
Total Liabilities	—	77.73M	92.66M	95.18M	79.02M
Equity & Ownership
Retained Earnings	—	108.40M	99.88M	80.87M	72.91M
Total Equity	—	145.25M	136.73M	117.71M	109.76M
Net Debt	—	1.92M	-26.89M	-16.82M	-52.37M
Shares Outstanding	3,300,628	3,295,204	3,294,000	3,294,000	3,294,000
Cash & Assets
Total Assets	—	222.98M	229.39M	212.90M	188.78M
Total Current Assets	—	189.85M	199.50M	185.23M	171.75M
Cash & Equivalents	—	39.47M	41.15M	27.11M	46.37M
Cash & Short-Term Investments	—	39.47M	46.15M	32.11M	52.37M
Net Cash (Debt)	—	-1.92M	26.89M	16.82M	52.37M
Net Cash Per Share	—	-0.58	8.16	5.11	15.90
Cash Growth	—	+22.9%	-11.9%	-0.3%	-14.7%
Net Cash Growth	—	—	-48.6%	-47.1%	-9.1%
Accounts Receivable	—	141.18M	146.58M	139.57M	108.07M
Other Receivables	—	0.19M	0.21M	0.41M	1.26M
Receivables	—	141.37M	146.79M	139.98M	109.33M
Prepaid Expenses	—	2.15M	0.48M	1.99M	0.68M
Construction In Progress	—	—	2.15M	0.19M	—
Machinery	—	3.56M	3.37M	3.32M	2.98M
Property, Plant & Equipment	—	17.06M	17.73M	17.77M	2.10M
Other Intangible Assets	—	16.07M	12.16M	9.89M	9.93M
Other Current Assets	—	6.87M	6.08M	11.15M	9.37M
Long-Term Leases	—	10.20M	11.55M	11.55M	—
Current Portion of Leases	—	3.12M	2.68M	3.74M	—
Loans & Investments
Short-Term Investments	—	—	5.00M	5.00M	6.00M
Long-Term Investments	—	—	—	—	5.00M
Liabilities & Obligations
Total Liabilities	—	77.73M	92.66M	95.18M	79.02M
Total Liabilities & Equity	—	222.98M	229.39M	212.90M	188.78M
Total Current Liabilities	—	56.76M	70.45M	78.09M	73.60M
Accounts Payable	—	14.79M	19.30M	20.36M	9.63M
Accrued Expenses	—	13.24M	33.34M	20.36M	19.42M
Current Income Taxes Payable	—	0.83M	3.42M	1.29M	3.46M
Current Unearned Revenue	—	1.13M	11.29M	31.80M	40.21M
Other Current Liabilities	—	0.26M	0.43M	0.53M	0.87M
Pension & Post-Retirement Benefits	—	6.10M	5.64M	5.54M	5.42M
Debt & Funding
Long-Term Debt	—	4.67M	5.03M	—	—
Short-Term Debt	—	15.77M	—	—	—
Total Debt	—	41.38M	19.26M	15.29M	—
Current Portion of Long-Term Debt	—	7.63M	—	—	—
Equity & Book Value
Shareholders' Equity	—	145.25M	136.73M	117.71M	109.76M
Common Stock	—	36.60M	36.60M	36.60M	36.60M
Additional Paid-In Capital	—	3.91M	3.91M	3.91M	3.91M
Retained Earnings	—	108.40M	99.88M	80.87M	72.91M
Treasury Stock	—	-3.65M	-3.66M	-3.66M	-3.66M
Book Value Per Share	—	44.08	41.51	35.74	33.32
Tangible Book Value	—	129.19M	124.57M	107.82M	99.83M
Tangible Book Value Per Share	—	39.20	37.82	32.73	30.31
Filing Date Shares Outstanding	3.30M	3.30M	3.29M	3.29M	3.29M
Total Common Shares Outstanding	3.30M	3.30M	3.29M	3.29M	3.29M
Working Capital	—	133.09M	129.05M	107.14M	98.16M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Semi-annual (SAR)

1-5

	H2 2025Dec 31, 2025	H1 2025Jun 30, 2025	H2 2024Dec 31, 2024	H1 2024Jun 30, 2024	H2 2023Dec 31, 2023
Assets
Cash & Equivalents	—	39.47M	41.15M	27.11M	46.37M
Cash & Short-Term Investments	—	39.47M	46.15M	32.11M	52.37M
Receivables	—	141.37M	146.79M	139.98M	109.33M
Current Assets	—	189.85M	199.50M	185.23M	171.75M
PP&E	—	17.06M	17.73M	17.77M	2.10M
Intangible Assets	—	16.07M	12.16M	9.89M	9.93M
Total Assets	—	222.98M	229.39M	212.90M	188.78M
Liabilities
Accounts Payable	—	14.79M	19.30M	20.36M	9.63M
Current Liabilities	—	56.76M	70.45M	78.09M	73.60M
Long-Term Debt	—	4.67M	5.03M	—	—
Short-Term Debt	—	15.77M	—	—	—
Total Debt	—	41.38M	19.26M	15.29M	—
Total Liabilities	—	77.73M	92.66M	95.18M	79.02M
Equity & Ownership
Retained Earnings	—	108.40M	99.88M	80.87M	72.91M
Total Equity	—	145.25M	136.73M	117.71M	109.76M
Net Debt	—	1.92M	-26.89M	-16.82M	-52.37M
Shares Outstanding	3,300,628	3,295,204	3,294,000	3,294,000	3,294,000
Cash & Assets
Total Assets	—	222.98M	229.39M	212.90M	188.78M
Total Current Assets	—	189.85M	199.50M	185.23M	171.75M
Cash & Equivalents	—	39.47M	41.15M	27.11M	46.37M
Cash & Short-Term Investments	—	39.47M	46.15M	32.11M	52.37M
Net Cash (Debt)	—	-1.92M	26.89M	16.82M	52.37M
Net Cash Per Share	—	-0.58	8.16	5.11	15.90
Cash Growth	—	+22.9%	-11.9%	-0.3%	-14.7%
Net Cash Growth	—	—	-48.6%	-47.1%	-9.1%
Accounts Receivable	—	141.18M	146.58M	139.57M	108.07M
Other Receivables	—	0.19M	0.21M	0.41M	1.26M
Receivables	—	141.37M	146.79M	139.98M	109.33M
Prepaid Expenses	—	2.15M	0.48M	1.99M	0.68M
Construction In Progress	—	—	2.15M	0.19M	—
Machinery	—	3.56M	3.37M	3.32M	2.98M
Property, Plant & Equipment	—	17.06M	17.73M	17.77M	2.10M
Other Intangible Assets	—	16.07M	12.16M	9.89M	9.93M
Other Current Assets	—	6.87M	6.08M	11.15M	9.37M
Long-Term Leases	—	10.20M	11.55M	11.55M	—
Current Portion of Leases	—	3.12M	2.68M	3.74M	—
Loans & Investments
Short-Term Investments	—	—	5.00M	5.00M	6.00M
Long-Term Investments	—	—	—	—	5.00M
Liabilities & Obligations
Total Liabilities	—	77.73M	92.66M	95.18M	79.02M
Total Liabilities & Equity	—	222.98M	229.39M	212.90M	188.78M
Total Current Liabilities	—	56.76M	70.45M	78.09M	73.60M
Accounts Payable	—	14.79M	19.30M	20.36M	9.63M
Accrued Expenses	—	13.24M	33.34M	20.36M	19.42M
Current Income Taxes Payable	—	0.83M	3.42M	1.29M	3.46M
Current Unearned Revenue	—	1.13M	11.29M	31.80M	40.21M
Other Current Liabilities	—	0.26M	0.43M	0.53M	0.87M
Pension & Post-Retirement Benefits	—	6.10M	5.64M	5.54M	5.42M
Debt & Funding
Long-Term Debt	—	4.67M	5.03M	—	—
Short-Term Debt	—	15.77M	—	—	—
Total Debt	—	41.38M	19.26M	15.29M	—
Current Portion of Long-Term Debt	—	7.63M	—	—	—
Equity & Book Value
Shareholders' Equity	—	145.25M	136.73M	117.71M	109.76M
Common Stock	—	36.60M	36.60M	36.60M	36.60M
Additional Paid-In Capital	—	3.91M	3.91M	3.91M	3.91M
Retained Earnings	—	108.40M	99.88M	80.87M	72.91M
Treasury Stock	—	-3.65M	-3.66M	-3.66M	-3.66M
Book Value Per Share	—	44.08	41.51	35.74	33.32
Tangible Book Value	—	129.19M	124.57M	107.82M	99.83M
Tangible Book Value Per Share	—	39.20	37.82	32.73	30.31
Filing Date Shares Outstanding	3.30M	3.30M	3.29M	3.29M	3.29M
Total Common Shares Outstanding	3.30M	3.30M	3.29M	3.29M	3.29M
Working Capital	—	133.09M	129.05M	107.14M	98.16M