FIRST AVENUE

First Avenue Real Estate Development Company

9610StocksTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024
Assets
Cash & Equivalents	201.90M	87.29M	97.27M	97.27M	21.27M
Cash & Short-Term Investments	239.28M	132.04M	97.27M	97.27M	21.27M
Receivables	71.84M	43.87M	21.46M	21.46M	108.20M
Inventory	356.15M	313.98M	312.21M	312.21M	120.11M
Current Assets	716.66M	519.85M	472.04M	472.04M	354.77M
PP&E	1.73M	0.20M	0.22M	0.22M	0.14M
Goodwill	2.46M	2.46M	2.46M	2.46M	—
Total Assets	1.20B	0.99B	0.96B	0.96B	0.76B
Liabilities
Accounts Payable	7.89M	36.17M	—	—	0.27M
Current Liabilities	247.07M	208.86M	205.95M	205.95M	151.50M
Long-Term Debt	319.50M	149.50M	203.50M	203.50M	173.58M
Total Debt	470.26M	306.83M	360.60M	360.60M	247.09M
Total Liabilities	587.80M	379.20M	430.29M	430.29M	326.00M
Equity & Ownership
Retained Earnings	303.86M	303.72M	225.72M	225.72M	210.70M
Total Equity	607.99M	607.85M	529.81M	529.81M	430.24M
Net Debt	230.98M	174.79M	263.33M	263.33M	225.82M
Shares Outstanding	189,906,022	189,906,022	189,906,022	189,906,022	134,418,956
Cash & Assets
Total Assets	1.20B	0.99B	0.96B	0.96B	0.76B
Total Current Assets	716.66M	519.85M	472.04M	472.04M	354.77M
Cash & Equivalents	201.90M	87.29M	97.27M	97.27M	21.27M
Cash & Short-Term Investments	239.28M	132.04M	97.27M	97.27M	21.27M
Net Cash (Debt)	-230.98M	-174.79M	-263.33M	-263.33M	-225.82M
Net Cash Per Share	-1.32	-0.85	-1.45	-1.45	-1.68
Cash Growth	+1,024.9%	+829.0%	+584.4%	+584.4%	—
Accounts Receivable	24.55M	27.86M	1.80M	1.80M	33.33M
Other Receivables	47.28M	16.01M	13.99M	13.99M	74.87M
Receivables	71.84M	43.87M	21.46M	21.46M	108.20M
Inventory	356.15M	313.98M	312.21M	312.21M	120.11M
Prepaid Expenses	436.98K	103.47K	214.11K	214.11K	97.12K
Machinery	—	—	590.61K	590.61K	—
Property, Plant & Equipment	1.73M	0.20M	0.22M	0.22M	0.14M
Goodwill	2.46M	2.46M	2.46M	2.46M	—
Other Current Assets	48.96M	29.85M	40.88M	40.88M	105.09M
Other Long-Term Assets	268.93M	262.46M	408.94M	408.94M	339.75M
Long-Term Leases	14.38M	13.76M	13.53M	13.53M	—
Current Portion of Leases	32.17M	31.86M	31.86M	31.86M	0.18M
Loans & Investments
Trading Asset Securities	37.37M	44.75M	—	—	—
Long-Term Investments	206.01M	202.09M	76.44M	76.44M	61.58M
Liabilities & Obligations
Total Liabilities	587.80M	379.20M	430.29M	430.29M	326.00M
Total Liabilities & Equity	1.20B	0.99B	0.96B	0.96B	0.76B
Total Current Liabilities	247.07M	208.86M	205.95M	205.95M	151.50M
Accounts Payable	7.89M	36.17M	—	—	0.27M
Accrued Expenses	42.71M	—	33.90M	33.90M	12.90M
Current Income Taxes Payable	3.57M	8.80M	4.95M	4.95M	1.75M
Current Unearned Revenue	—	5.18M	14.81M	14.81M	4.44M
Other Current Liabilities	56.52M	15.13M	8.71M	8.71M	58.63M
Pension & Post-Retirement Benefits	1.76M	1.73M	1.72M	1.72M	0.92M
Other Long-Term Liabilities	5.09M	5.34M	5.59M	5.59M	—
Debt & Funding
Long-Term Debt	319.50M	149.50M	203.50M	203.50M	173.58M
Total Debt	470.26M	306.83M	360.60M	360.60M	247.09M
Current Portion of Long-Term Debt	104.21M	111.71M	111.71M	111.71M	73.34M
Equity & Book Value
Shareholders' Equity	607.99M	607.85M	529.81M	529.81M	430.24M
Total Common Equity	607.95M	607.80M	529.81M	529.81M	430.24M
Common Stock	205.00M	205.00M	205.00M	205.00M	188.58M
Additional Paid-In Capital	115.64M	115.64M	115.64M	115.64M	18.39M
Retained Earnings	303.86M	303.72M	225.72M	225.72M	210.70M
Treasury Stock	-16.56M	-16.56M	-16.56M	-16.56M	-20.69M
Comprehensive Income & Other	—	—	—	—	33.27M
Minority Interest	49.10K	49.11K	—	—	—
Book Value Per Share	3.20	3.20	2.79	2.79	2.52
Tangible Book Value	605.49M	605.35M	527.35M	527.35M	430.24M
Tangible Book Value Per Share	3.19	3.19	2.78	2.78	2.52
Filing Date Shares Outstanding	189.91M	189.91M	189.91M	189.91M	134.42M
Total Common Shares Outstanding	189.91M	189.91M	189.91M	189.91M	134.42M
Working Capital	469.59M	310.99M	266.09M	266.09M	203.26M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024
Assets
Cash & Equivalents	201.90M	87.29M	97.27M	97.27M	21.27M
Cash & Short-Term Investments	239.28M	132.04M	97.27M	97.27M	21.27M
Receivables	71.84M	43.87M	21.46M	21.46M	108.20M
Inventory	356.15M	313.98M	312.21M	312.21M	120.11M
Current Assets	716.66M	519.85M	472.04M	472.04M	354.77M
PP&E	1.73M	0.20M	0.22M	0.22M	0.14M
Goodwill	2.46M	2.46M	2.46M	2.46M	—
Total Assets	1.20B	0.99B	0.96B	0.96B	0.76B
Liabilities
Accounts Payable	7.89M	36.17M	—	—	0.27M
Current Liabilities	247.07M	208.86M	205.95M	205.95M	151.50M
Long-Term Debt	319.50M	149.50M	203.50M	203.50M	173.58M
Total Debt	470.26M	306.83M	360.60M	360.60M	247.09M
Total Liabilities	587.80M	379.20M	430.29M	430.29M	326.00M
Equity & Ownership
Retained Earnings	303.86M	303.72M	225.72M	225.72M	210.70M
Total Equity	607.99M	607.85M	529.81M	529.81M	430.24M
Net Debt	230.98M	174.79M	263.33M	263.33M	225.82M
Shares Outstanding	189,906,022	189,906,022	189,906,022	189,906,022	134,418,956
Cash & Assets
Total Assets	1.20B	0.99B	0.96B	0.96B	0.76B
Total Current Assets	716.66M	519.85M	472.04M	472.04M	354.77M
Cash & Equivalents	201.90M	87.29M	97.27M	97.27M	21.27M
Cash & Short-Term Investments	239.28M	132.04M	97.27M	97.27M	21.27M
Net Cash (Debt)	-230.98M	-174.79M	-263.33M	-263.33M	-225.82M
Net Cash Per Share	-1.32	-0.85	-1.45	-1.45	-1.68
Cash Growth	+1,024.9%	+829.0%	+584.4%	+584.4%	—
Accounts Receivable	24.55M	27.86M	1.80M	1.80M	33.33M
Other Receivables	47.28M	16.01M	13.99M	13.99M	74.87M
Receivables	71.84M	43.87M	21.46M	21.46M	108.20M
Inventory	356.15M	313.98M	312.21M	312.21M	120.11M
Prepaid Expenses	436.98K	103.47K	214.11K	214.11K	97.12K
Machinery	—	—	590.61K	590.61K	—
Property, Plant & Equipment	1.73M	0.20M	0.22M	0.22M	0.14M
Goodwill	2.46M	2.46M	2.46M	2.46M	—
Other Current Assets	48.96M	29.85M	40.88M	40.88M	105.09M
Other Long-Term Assets	268.93M	262.46M	408.94M	408.94M	339.75M
Long-Term Leases	14.38M	13.76M	13.53M	13.53M	—
Current Portion of Leases	32.17M	31.86M	31.86M	31.86M	0.18M
Loans & Investments
Trading Asset Securities	37.37M	44.75M	—	—	—
Long-Term Investments	206.01M	202.09M	76.44M	76.44M	61.58M
Liabilities & Obligations
Total Liabilities	587.80M	379.20M	430.29M	430.29M	326.00M
Total Liabilities & Equity	1.20B	0.99B	0.96B	0.96B	0.76B
Total Current Liabilities	247.07M	208.86M	205.95M	205.95M	151.50M
Accounts Payable	7.89M	36.17M	—	—	0.27M
Accrued Expenses	42.71M	—	33.90M	33.90M	12.90M
Current Income Taxes Payable	3.57M	8.80M	4.95M	4.95M	1.75M
Current Unearned Revenue	—	5.18M	14.81M	14.81M	4.44M
Other Current Liabilities	56.52M	15.13M	8.71M	8.71M	58.63M
Pension & Post-Retirement Benefits	1.76M	1.73M	1.72M	1.72M	0.92M
Other Long-Term Liabilities	5.09M	5.34M	5.59M	5.59M	—
Debt & Funding
Long-Term Debt	319.50M	149.50M	203.50M	203.50M	173.58M
Total Debt	470.26M	306.83M	360.60M	360.60M	247.09M
Current Portion of Long-Term Debt	104.21M	111.71M	111.71M	111.71M	73.34M
Equity & Book Value
Shareholders' Equity	607.99M	607.85M	529.81M	529.81M	430.24M
Total Common Equity	607.95M	607.80M	529.81M	529.81M	430.24M
Common Stock	205.00M	205.00M	205.00M	205.00M	188.58M
Additional Paid-In Capital	115.64M	115.64M	115.64M	115.64M	18.39M
Retained Earnings	303.86M	303.72M	225.72M	225.72M	210.70M
Treasury Stock	-16.56M	-16.56M	-16.56M	-16.56M	-20.69M
Comprehensive Income & Other	—	—	—	—	33.27M
Minority Interest	49.10K	49.11K	—	—	—
Book Value Per Share	3.20	3.20	2.79	2.79	2.52
Tangible Book Value	605.49M	605.35M	527.35M	527.35M	430.24M
Tangible Book Value Per Share	3.19	3.19	2.78	2.78	2.52
Filing Date Shares Outstanding	189.91M	189.91M	189.91M	189.91M	134.42M
Total Common Shares Outstanding	189.91M	189.91M	189.91M	189.91M	134.42M
Working Capital	469.59M	310.99M	266.09M	266.09M	203.26M