DEVELOPMENT TAM

Tam Development Company

9570StocksTadawulTechnology

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	14.85M	-1.99M	5.93M	35.75M	20.97M
Free Cash Flow	14.85M	-4.53M	4.91M	34.40M	20.73M
Capital Expenditures	—	-2.54M	-1.02M	-1.35M	-0.24M
Investing & Financing
Investing Cash Flow	-5.16M	-0.68M	-14.60M	-8.54M	-0.45M
Financing Cash Flow	-3.00M	-2.54M	-6.35M	-4.02M	3.20M
Dividends Paid	—	-4.05M	-2.80M	-1.61M	-0.91M
Operating Activities
Operating Cash Flow	14.85M	-1.99M	5.93M	35.75M	20.97M
Net Income	20.58M	30.14M	40.60M	27.93M	16.52M
Change in Accounts Payable	—	23.14M	3.98M	3.67M	16.51M
Change in Accounts Receivable	—	-38.31M	-66.50M	-22.33M	-2.06M
Change in Other Net Operating Assets	—	4.38M	2.72M	5.36M	-16.29M
Change in Unearned Revenue	—	-28.93M	15.64M	16.83M	2.96M
Change in Working Capital	—	-39.72M	-44.17M	3.53M	1.12M
Other Operating Activities	-5.73M	1.32M	2.61M	1.73M	1.17M
Provision & Write-off of Bad Debts	—	-0.19M	2.59M	-0.10M	-0.19M
Depreciation & Amortization	—	3.67M	2.00M	0.85M	0.71M
Other Amortization	—	2.79M	2.31M	1.82M	1.64M
Investing Activities
Investing Cash Flow	-5.16M	-0.68M	-14.60M	-8.54M	-0.45M
Capital Expenditures	—	-2.54M	-1.02M	-1.35M	-0.24M
Investment in Securities	—	6.00M	-6.00M	-5.00M	—
Other Investing Activities	-5.16M	0.88M	0.38M	0.07M	—
Sale (Purchase) of Intangibles	—	-5.02M	-7.96M	-2.26M	-0.21M
Loss (Gain) From Sale of Assets	—	—	—	—	—
Financing Activities
Financing Cash Flow	-3.00M	-2.54M	-6.35M	-4.02M	3.20M
Common Dividends Paid	—	-4.05M	-2.80M	-1.61M	-0.91M
Issuance of Common Stock	—	—	245.25K	—	—
Long-Term Debt Issued	—	5.03M	—	—	—
Short-Term Debt Issued	—	—	—	—	4.24M
Total Debt Issued	—	5.03M	—	—	4.24M
Long-Term Debt Repaid	—	-3.52M	-0.95M	-1.01M	-0.12M
Short-Term Debt Repaid	—	—	-2.85M	-1.39M	—
Total Debt Repaid	—	-3.52M	-3.80M	-2.40M	-0.12M
Net Debt Issued (Repaid)	—	1.51M	-3.80M	-2.40M	4.12M
Other Financing Activities	-3.00M	—	—	—	-0.02M
Free Cash Flow & Returns
Free Cash Flow	14.85M	-4.53M	4.91M	34.40M	20.73M
Free Cash Flow Growth	—	—	-85.7%	+65.9%	+524.2%
Free Cash Flow Margin	+8.6%	-1.7%	+2.6%	+23.4%	+23.1%
Free Cash Flow Per Share	4.50	-1.38	1.49	9.62	5.66
Levered Free Cash Flow	—	-20.60M	-17.23M	21.93M	14.53M
Unlevered Free Cash Flow	—	-19.96M	-17.20M	22.01M	14.57M
Operating Cash Flow Growth	—	—	-83.4%	+70.5%	+505.5%
Net Cash Flow	6.69M	-5.22M	-15.02M	23.20M	23.72M

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	14.85M	-1.99M	5.93M	35.75M	20.97M
Free Cash Flow	14.85M	-4.53M	4.91M	34.40M	20.73M
Capital Expenditures	—	-2.54M	-1.02M	-1.35M	-0.24M
Investing & Financing
Investing Cash Flow	-5.16M	-0.68M	-14.60M	-8.54M	-0.45M
Financing Cash Flow	-3.00M	-2.54M	-6.35M	-4.02M	3.20M
Dividends Paid	—	-4.05M	-2.80M	-1.61M	-0.91M
Operating Activities
Operating Cash Flow	14.85M	-1.99M	5.93M	35.75M	20.97M
Net Income	20.58M	30.14M	40.60M	27.93M	16.52M
Change in Accounts Payable	—	23.14M	3.98M	3.67M	16.51M
Change in Accounts Receivable	—	-38.31M	-66.50M	-22.33M	-2.06M
Change in Other Net Operating Assets	—	4.38M	2.72M	5.36M	-16.29M
Change in Unearned Revenue	—	-28.93M	15.64M	16.83M	2.96M
Change in Working Capital	—	-39.72M	-44.17M	3.53M	1.12M
Other Operating Activities	-5.73M	1.32M	2.61M	1.73M	1.17M
Provision & Write-off of Bad Debts	—	-0.19M	2.59M	-0.10M	-0.19M
Depreciation & Amortization	—	3.67M	2.00M	0.85M	0.71M
Other Amortization	—	2.79M	2.31M	1.82M	1.64M
Investing Activities
Investing Cash Flow	-5.16M	-0.68M	-14.60M	-8.54M	-0.45M
Capital Expenditures	—	-2.54M	-1.02M	-1.35M	-0.24M
Investment in Securities	—	6.00M	-6.00M	-5.00M	—
Other Investing Activities	-5.16M	0.88M	0.38M	0.07M	—
Sale (Purchase) of Intangibles	—	-5.02M	-7.96M	-2.26M	-0.21M
Loss (Gain) From Sale of Assets	—	—	—	—	—
Financing Activities
Financing Cash Flow	-3.00M	-2.54M	-6.35M	-4.02M	3.20M
Common Dividends Paid	—	-4.05M	-2.80M	-1.61M	-0.91M
Issuance of Common Stock	—	—	245.25K	—	—
Long-Term Debt Issued	—	5.03M	—	—	—
Short-Term Debt Issued	—	—	—	—	4.24M
Total Debt Issued	—	5.03M	—	—	4.24M
Long-Term Debt Repaid	—	-3.52M	-0.95M	-1.01M	-0.12M
Short-Term Debt Repaid	—	—	-2.85M	-1.39M	—
Total Debt Repaid	—	-3.52M	-3.80M	-2.40M	-0.12M
Net Debt Issued (Repaid)	—	1.51M	-3.80M	-2.40M	4.12M
Other Financing Activities	-3.00M	—	—	—	-0.02M
Free Cash Flow & Returns
Free Cash Flow	14.85M	-4.53M	4.91M	34.40M	20.73M
Free Cash Flow Growth	—	—	-85.7%	+65.9%	+524.2%
Free Cash Flow Margin	+8.6%	-1.7%	+2.6%	+23.4%	+23.1%
Free Cash Flow Per Share	4.50	-1.38	1.49	9.62	5.66
Levered Free Cash Flow	—	-20.60M	-17.23M	21.93M	14.53M
Unlevered Free Cash Flow	—	-19.96M	-17.20M	22.01M	14.57M
Operating Cash Flow Growth	—	—	-83.4%	+70.5%	+505.5%
Net Cash Flow	6.69M	-5.22M	-15.02M	23.20M	23.72M