ARMAH

Armah Sports Company

9590StocksTadawulConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	82.14M	45.09M	25.42M	3.15M	0.87M
Cash & Short-Term Investments	82.14M	45.09M	88.22M	3.15M	0.87M
Receivables	0.92M	0.36M	2.67M	5.65M	5.10M
Inventory	3.65M	3.35M	2.01M	1.02M	0.52M
Current Assets	95.20M	55.06M	96.21M	11.25M	7.07M
PP&E	889.97M	916.21M	724.10M	537.47M	304.63M
Intangible Assets	1.42M	1.59M	1.93M	1.23M	1.43M
Total Assets	1.07B	0.98B	0.84B	0.58B	0.35B
Liabilities
Accounts Payable	3.23M	4.07M	23.28M	15.15M	5.43M
Current Liabilities	155.81M	140.76M	156.80M	71.81M	33.36M
Long-Term Debt	163.25M	176.14M	227.12M	239.88M	131.35M
Short-Term Debt	—	7.50M	46.50M	15.00M	—
Total Debt	428.15M	424.71M	375.18M	292.34M	298.32M
Total Liabilities	517.52M	510.67M	457.21M	333.45M	322.84M
Equity & Ownership
Retained Earnings	37.65M	-23.81M	-54.42M	-55.06M	-25.19M
Total Equity	552.55M	470.73M	377.99M	246.58M	27.44M
Net Debt	346.01M	379.62M	286.95M	289.19M	297.46M
Shares Outstanding	32,859,166	32,859,166	32,859,166	28,752,500	5,262,500
Cash & Assets
Total Assets	1.07B	0.98B	0.84B	0.58B	0.35B
Total Current Assets	95.20M	55.06M	96.21M	11.25M	7.07M
Cash & Equivalents	82.14M	45.09M	25.42M	3.15M	0.87M
Cash & Short-Term Investments	82.14M	45.09M	88.22M	3.15M	0.87M
Net Cash (Debt)	-346.01M	-379.62M	-286.95M	-289.19M	-297.46M
Net Cash Per Share	-10.53	-11.55	-9.86	-19.90	-56.52
Cash Growth	+82.2%	-48.9%	+2,703.9%	+263.7%	—
Accounts Receivable	262.04K	—	—	—	—
Other Receivables	0.66M	0.36M	2.67M	5.65M	5.10M
Receivables	0.92M	0.36M	2.67M	5.65M	5.10M
Inventory	3.65M	3.35M	2.01M	1.02M	0.52M
Prepaid Expenses	3.45M	4.01M	1.80M	1.38M	0.57M
Construction In Progress	51.15M	10.08M	97.79M	100.98M	114.11M
Land	352.36M	332.00M	269.86M	249.01M	—
Buildings	348.84M	347.11M	252.27M	140.78M	16.76M
Machinery	99.58M	90.32M	59.60M	34.15M	6.28M
Property, Plant & Equipment	889.97M	916.21M	724.10M	537.47M	304.63M
Other Intangible Assets	1.42M	1.59M	1.93M	1.23M	1.43M
Other Current Assets	5.03M	2.24M	1.52M	0.04M	0.03M
Other Long-Term Assets	19.35M	8.55M	12.96M	30.08M	37.15M
Long-Term Leases	192.29M	190.73M	69.39M	18.57M	153.63M
Current Portion of Leases	16.62M	9.10M	2.71M	1.61M	12.63M
Loans & Investments
Short-Term Investments	—	—	62.80M	—	—
Long-Term Investments	64.14M	—	—	—	—
Liabilities & Obligations
Total Liabilities	517.52M	510.67M	457.21M	333.45M	322.84M
Total Liabilities & Equity	1.07B	0.98B	0.84B	0.58B	0.35B
Total Current Liabilities	155.81M	140.76M	156.80M	71.81M	33.36M
Accounts Payable	3.23M	4.07M	23.28M	15.15M	5.43M
Accrued Expenses	12.12M	12.47M	7.36M	1.33M	0.65M
Current Income Taxes Payable	1.49M	0.96M	0.04M	—	—
Current Unearned Revenue	62.59M	59.65M	36.79M	7.01M	0.69M
Other Current Liabilities	3.76M	5.76M	10.66M	14.43M	13.25M
Pension & Post-Retirement Benefits	4.91M	3.04M	2.12M	1.28M	0.50M
Other Long-Term Liabilities	1.26M	—	1.78M	1.90M	4.00M
Debt & Funding
Long-Term Debt	163.25M	176.14M	227.12M	239.88M	131.35M
Short-Term Debt	—	7.50M	46.50M	15.00M	—
Total Debt	428.15M	424.71M	375.18M	292.34M	298.32M
Current Portion of Long-Term Debt	55.99M	41.24M	29.46M	17.28M	0.72M
Equity & Book Value
Shareholders' Equity	552.55M	470.73M	377.99M	246.58M	27.44M
Common Stock	328.59M	328.59M	328.59M	287.53M	52.63M
Additional Paid-In Capital	68.86M	68.86M	68.86M	—	—
Retained Earnings	37.65M	-23.81M	-54.42M	-55.06M	-25.19M
Comprehensive Income & Other	117.46M	97.10M	34.96M	14.11M	—
Book Value Per Share	16.82	14.33	11.50	8.58	5.21
Tangible Book Value	551.13M	469.15M	376.06M	245.35M	26.01M
Tangible Book Value Per Share	16.77	14.28	11.44	8.53	4.94
Filing Date Shares Outstanding	32.86M	32.86M	32.86M	28.75M	5.26M
Total Common Shares Outstanding	32.86M	32.86M	32.86M	28.75M	5.26M
Working Capital	-60.61M	-85.70M	-60.59M	-60.57M	-26.29M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	82.14M	45.09M	25.42M	3.15M	0.87M
Cash & Short-Term Investments	82.14M	45.09M	88.22M	3.15M	0.87M
Receivables	0.92M	0.36M	2.67M	5.65M	5.10M
Inventory	3.65M	3.35M	2.01M	1.02M	0.52M
Current Assets	95.20M	55.06M	96.21M	11.25M	7.07M
PP&E	889.97M	916.21M	724.10M	537.47M	304.63M
Intangible Assets	1.42M	1.59M	1.93M	1.23M	1.43M
Total Assets	1.07B	0.98B	0.84B	0.58B	0.35B
Liabilities
Accounts Payable	3.23M	4.07M	23.28M	15.15M	5.43M
Current Liabilities	155.81M	140.76M	156.80M	71.81M	33.36M
Long-Term Debt	163.25M	176.14M	227.12M	239.88M	131.35M
Short-Term Debt	—	7.50M	46.50M	15.00M	—
Total Debt	428.15M	424.71M	375.18M	292.34M	298.32M
Total Liabilities	517.52M	510.67M	457.21M	333.45M	322.84M
Equity & Ownership
Retained Earnings	37.65M	-23.81M	-54.42M	-55.06M	-25.19M
Total Equity	552.55M	470.73M	377.99M	246.58M	27.44M
Net Debt	346.01M	379.62M	286.95M	289.19M	297.46M
Shares Outstanding	32,859,166	32,859,166	32,859,166	28,752,500	5,262,500
Cash & Assets
Total Assets	1.07B	0.98B	0.84B	0.58B	0.35B
Total Current Assets	95.20M	55.06M	96.21M	11.25M	7.07M
Cash & Equivalents	82.14M	45.09M	25.42M	3.15M	0.87M
Cash & Short-Term Investments	82.14M	45.09M	88.22M	3.15M	0.87M
Net Cash (Debt)	-346.01M	-379.62M	-286.95M	-289.19M	-297.46M
Net Cash Per Share	-10.53	-11.55	-9.86	-19.90	-56.52
Cash Growth	+82.2%	-48.9%	+2,703.9%	+263.7%	—
Accounts Receivable	262.04K	—	—	—	—
Other Receivables	0.66M	0.36M	2.67M	5.65M	5.10M
Receivables	0.92M	0.36M	2.67M	5.65M	5.10M
Inventory	3.65M	3.35M	2.01M	1.02M	0.52M
Prepaid Expenses	3.45M	4.01M	1.80M	1.38M	0.57M
Construction In Progress	51.15M	10.08M	97.79M	100.98M	114.11M
Land	352.36M	332.00M	269.86M	249.01M	—
Buildings	348.84M	347.11M	252.27M	140.78M	16.76M
Machinery	99.58M	90.32M	59.60M	34.15M	6.28M
Property, Plant & Equipment	889.97M	916.21M	724.10M	537.47M	304.63M
Other Intangible Assets	1.42M	1.59M	1.93M	1.23M	1.43M
Other Current Assets	5.03M	2.24M	1.52M	0.04M	0.03M
Other Long-Term Assets	19.35M	8.55M	12.96M	30.08M	37.15M
Long-Term Leases	192.29M	190.73M	69.39M	18.57M	153.63M
Current Portion of Leases	16.62M	9.10M	2.71M	1.61M	12.63M
Loans & Investments
Short-Term Investments	—	—	62.80M	—	—
Long-Term Investments	64.14M	—	—	—	—
Liabilities & Obligations
Total Liabilities	517.52M	510.67M	457.21M	333.45M	322.84M
Total Liabilities & Equity	1.07B	0.98B	0.84B	0.58B	0.35B
Total Current Liabilities	155.81M	140.76M	156.80M	71.81M	33.36M
Accounts Payable	3.23M	4.07M	23.28M	15.15M	5.43M
Accrued Expenses	12.12M	12.47M	7.36M	1.33M	0.65M
Current Income Taxes Payable	1.49M	0.96M	0.04M	—	—
Current Unearned Revenue	62.59M	59.65M	36.79M	7.01M	0.69M
Other Current Liabilities	3.76M	5.76M	10.66M	14.43M	13.25M
Pension & Post-Retirement Benefits	4.91M	3.04M	2.12M	1.28M	0.50M
Other Long-Term Liabilities	1.26M	—	1.78M	1.90M	4.00M
Debt & Funding
Long-Term Debt	163.25M	176.14M	227.12M	239.88M	131.35M
Short-Term Debt	—	7.50M	46.50M	15.00M	—
Total Debt	428.15M	424.71M	375.18M	292.34M	298.32M
Current Portion of Long-Term Debt	55.99M	41.24M	29.46M	17.28M	0.72M
Equity & Book Value
Shareholders' Equity	552.55M	470.73M	377.99M	246.58M	27.44M
Common Stock	328.59M	328.59M	328.59M	287.53M	52.63M
Additional Paid-In Capital	68.86M	68.86M	68.86M	—	—
Retained Earnings	37.65M	-23.81M	-54.42M	-55.06M	-25.19M
Comprehensive Income & Other	117.46M	97.10M	34.96M	14.11M	—
Book Value Per Share	16.82	14.33	11.50	8.58	5.21
Tangible Book Value	551.13M	469.15M	376.06M	245.35M	26.01M
Tangible Book Value Per Share	16.77	14.28	11.44	8.53	4.94
Filing Date Shares Outstanding	32.86M	32.86M	32.86M	28.75M	5.26M
Total Common Shares Outstanding	32.86M	32.86M	32.86M	28.75M	5.26M
Working Capital	-60.61M	-85.70M	-60.59M	-60.57M	-26.29M