FIRST AVENUE

First Avenue Real Estate Development Company

9610StocksTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	42.02M	96.99M	-34.33M	0.22M	7.50M
Free Cash Flow	41.97M	96.94M	-34.38M	0.04M	7.47M
Capital Expenditures	-50.34K	-48.25K	-51.39K	-176.37K	-29.28K
Investing & Financing
Investing Cash Flow	-98.59M	-109.18M	-12.52M	-11.97M	-27.90M
Financing Cash Flow	139.42M	19.51M	42.98M	18.01M	23.40M
Dividends Paid	-20.35M	-10.18M	—	-54.00M	—
Share Repurchase	—	—	-2.33M	—	—
Operating Activities
Operating Cash Flow	42.02M	96.99M	-34.33M	0.22M	7.50M
Net Income	59.30M	41.95M	42.71M	50.61M	16.04M
Change in Accounts Payable	-2.50M	-10.51M	20.80M	19.75M	0.84M
Change in Accounts Receivable	0.10M	9.66M	-34.59M	27.01M	-32.53M
Change in Inventory	-11.43M	57.33M	-54.17M	-29.51M	-40.79M
Change in Other Net Operating Assets	13.60M	-2.55M	-9.72M	-65.18M	63.28M
Change in Unearned Revenue	5.26M	9.55M	—	—	—
Change in Working Capital	5.02M	63.48M	-77.69M	-47.93M	-9.20M
Other Operating Activities	-6.17M	1.87M	0.89M	1.50M	0.42M
Depreciation & Amortization	248.27K	526.00K	611.03K	397.35K	239.21K
Cash Interest Paid	14.99M	—	1.67M	0.00M	0.00M
Miscellaneous Cash Flow Adjustments	204.85K	—	—	—	—
Loss (Gain) on Equity Investments	992.78K	—	-30.08K	16.46K	—
Asset Writedown & Restructuring Costs	-17.38M	-9.67M	—	—	—
Investing Activities
Investing Cash Flow	-98.59M	-109.18M	-12.52M	-11.97M	-27.90M
Capital Expenditures	-50.34K	-48.25K	-51.39K	-176.37K	-29.28K
Investment in Securities	204.67M	-30.16M	-9.66M	-27.43M	-18.00M
Other Investing Activities	1.73M	—	—	—	—
Sale (Purchase) of Intangibles	-131.99K	-179.20K	—	—	—
Sale (Purchase) of Real Estate	-304.80M	-78.79M	-2.81M	15.64M	-9.87M
Loss (Gain) From Sale of Assets	—	-1.18M	—	-3.90M	—
Loss (Gain) on Sale of Investments	—	—	-827.50K	-476.95K	—
Financing Activities
Financing Cash Flow	139.42M	19.51M	42.98M	18.01M	23.40M
Common Dividends Paid	-20.35M	-10.18M	—	-54.00M	—
Issuance of Common Stock	117.82M	—	—	55.00M	4.50M
Repurchase of Common Stock	—	—	-2.33M	—	—
Long-Term Debt Issued	844.70M	79.95M	118.58M	42.19M	—
Short-Term Debt Issued	—	—	—	—	25.00M
Total Debt Issued	844.70M	79.95M	118.58M	42.19M	25.00M
Long-Term Debt Repaid	-802.74M	-50.26M	-73.27M	-25.18M	—
Short-Term Debt Repaid	—	—	—	—	-6.10M
Total Debt Repaid	-802.74M	-50.26M	-73.27M	-25.18M	-6.10M
Net Debt Issued (Repaid)	41.95M	29.69M	45.31M	17.01M	18.90M
Free Cash Flow & Returns
Free Cash Flow	41.97M	96.94M	-34.38M	0.04M	7.47M
Free Cash Flow Growth	-56.7%	—	—	-99.4%	—
Free Cash Flow Margin	+16.5%	+40.8%	-16.8%	0.0%	+10.6%
Free Cash Flow Per Share	0.24	0.57	-0.23	0.00	—
Levered Free Cash Flow	-179.98M	81.37M	-48.04M	48.43M	-61.57M
Unlevered Free Cash Flow	-173.74M	81.47M	-47.89M	48.50M	-61.56M
Operating Cash Flow Growth	-56.7%	—	—	-97.1%	—
Net Cash Flow	83.06M	7.32M	-3.87M	6.26M	3.00M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	42.02M	96.99M	-34.33M	0.22M	7.50M
Free Cash Flow	41.97M	96.94M	-34.38M	0.04M	7.47M
Capital Expenditures	-50.34K	-48.25K	-51.39K	-176.37K	-29.28K
Investing & Financing
Investing Cash Flow	-98.59M	-109.18M	-12.52M	-11.97M	-27.90M
Financing Cash Flow	139.42M	19.51M	42.98M	18.01M	23.40M
Dividends Paid	-20.35M	-10.18M	—	-54.00M	—
Share Repurchase	—	—	-2.33M	—	—
Operating Activities
Operating Cash Flow	42.02M	96.99M	-34.33M	0.22M	7.50M
Net Income	59.30M	41.95M	42.71M	50.61M	16.04M
Change in Accounts Payable	-2.50M	-10.51M	20.80M	19.75M	0.84M
Change in Accounts Receivable	0.10M	9.66M	-34.59M	27.01M	-32.53M
Change in Inventory	-11.43M	57.33M	-54.17M	-29.51M	-40.79M
Change in Other Net Operating Assets	13.60M	-2.55M	-9.72M	-65.18M	63.28M
Change in Unearned Revenue	5.26M	9.55M	—	—	—
Change in Working Capital	5.02M	63.48M	-77.69M	-47.93M	-9.20M
Other Operating Activities	-6.17M	1.87M	0.89M	1.50M	0.42M
Depreciation & Amortization	248.27K	526.00K	611.03K	397.35K	239.21K
Cash Interest Paid	14.99M	—	1.67M	0.00M	0.00M
Miscellaneous Cash Flow Adjustments	204.85K	—	—	—	—
Loss (Gain) on Equity Investments	992.78K	—	-30.08K	16.46K	—
Asset Writedown & Restructuring Costs	-17.38M	-9.67M	—	—	—
Investing Activities
Investing Cash Flow	-98.59M	-109.18M	-12.52M	-11.97M	-27.90M
Capital Expenditures	-50.34K	-48.25K	-51.39K	-176.37K	-29.28K
Investment in Securities	204.67M	-30.16M	-9.66M	-27.43M	-18.00M
Other Investing Activities	1.73M	—	—	—	—
Sale (Purchase) of Intangibles	-131.99K	-179.20K	—	—	—
Sale (Purchase) of Real Estate	-304.80M	-78.79M	-2.81M	15.64M	-9.87M
Loss (Gain) From Sale of Assets	—	-1.18M	—	-3.90M	—
Loss (Gain) on Sale of Investments	—	—	-827.50K	-476.95K	—
Financing Activities
Financing Cash Flow	139.42M	19.51M	42.98M	18.01M	23.40M
Common Dividends Paid	-20.35M	-10.18M	—	-54.00M	—
Issuance of Common Stock	117.82M	—	—	55.00M	4.50M
Repurchase of Common Stock	—	—	-2.33M	—	—
Long-Term Debt Issued	844.70M	79.95M	118.58M	42.19M	—
Short-Term Debt Issued	—	—	—	—	25.00M
Total Debt Issued	844.70M	79.95M	118.58M	42.19M	25.00M
Long-Term Debt Repaid	-802.74M	-50.26M	-73.27M	-25.18M	—
Short-Term Debt Repaid	—	—	—	—	-6.10M
Total Debt Repaid	-802.74M	-50.26M	-73.27M	-25.18M	-6.10M
Net Debt Issued (Repaid)	41.95M	29.69M	45.31M	17.01M	18.90M
Free Cash Flow & Returns
Free Cash Flow	41.97M	96.94M	-34.38M	0.04M	7.47M
Free Cash Flow Growth	-56.7%	—	—	-99.4%	—
Free Cash Flow Margin	+16.5%	+40.8%	-16.8%	0.0%	+10.6%
Free Cash Flow Per Share	0.24	0.57	-0.23	0.00	—
Levered Free Cash Flow	-179.98M	81.37M	-48.04M	48.43M	-61.57M
Unlevered Free Cash Flow	-173.74M	81.47M	-47.89M	48.50M	-61.56M
Operating Cash Flow Growth	-56.7%	—	—	-97.1%	—
Net Cash Flow	83.06M	7.32M	-3.87M	6.26M	3.00M