ADEER

Adeer Real Estate Co.

9634StocksTadawulTechnology

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
Operating Summary
Revenue	167.98M	121.04M	108.36M	81.96M	40.65M
Cost of Revenue	15.06M	15.62M	14.52M	28.34M	2.57M
Gross Profit	152.91M	105.42M	93.84M	53.62M	38.07M
SG&A	47.56M	42.69M	41.79M	9.75M	13.98M
Operating Expenses	48.87M	43.89M	42.77M	10.74M	15.17M
Operating Income	104.05M	61.53M	51.07M	42.88M	22.91M
Interest Income	2.15M	0.63M	—	—	—
Interest Expense	-16.89K	-6.28K	—	—	—
Other Income/Expense	0.09M	2.45M	0.57M	0.15M	0.17M
Pretax Income	106.27M	64.60M	51.64M	43.04M	23.08M
Income Tax	3.03M	0.91M	1.32M	1.99M	1.01M
Net Income	103.25M	63.69M	50.32M	41.04M	22.07M
EBITDA	104.96M	62.34M	51.90M	43.72M	23.94M
EBIT	104.05M	61.53M	51.07M	42.88M	22.91M
EPS (Basic)	20.65	12.74	10.06	8.21	4.41
EPS (Diluted)	20.65	12.74	10.06	8.21	4.41
DPS	15.00	3.00	4.00	—	1.00
Margins & Efficiency
Gross Margin %	+91.0%	+87.1%	+86.6%	+65.4%	+93.7%
EBITDA Margin %	+62.5%	+51.5%	+47.9%	+53.3%	+58.9%
Net Margin %	+61.5%	+52.6%	+46.4%	+50.1%	+54.3%
Revenue & Income
Revenue	167.98M	121.04M	108.36M	81.96M	40.65M
Revenue Growth (YoY)	+38.8%	+11.7%	+32.2%	+101.6%	—
Interest & Investment Income	2.15M	0.63M	—	—	—
Expenses & Provisions
Advertising Expenses	—	—	76.56K	—	—
Cost of Revenue	15.06M	15.62M	14.52M	28.34M	2.57M
Selling, General & Admin	47.56M	42.69M	41.79M	9.75M	13.98M
Operating Expenses	48.87M	43.89M	42.77M	10.74M	15.17M
Interest Expense	-16.89K	-6.28K	—	—	—
Other Non Operating Income (Expenses)	0.09M	2.45M	0.57M	0.15M	0.17M
D&A For EBITDA	0.91M	0.81M	0.83M	0.83M	1.03M
Profitability & Returns
Gross Profit	152.91M	105.42M	93.84M	53.62M	38.07M
Gross Margin	+91.0%	+87.1%	+86.6%	+65.4%	+93.7%
EBIT	104.05M	61.53M	51.07M	42.88M	22.91M
EBIT Margin	+61.9%	+50.8%	+47.1%	+52.3%	+56.4%
EBITDA	104.96M	62.34M	51.90M	43.72M	23.94M
EBITDA Margin	+62.5%	+51.5%	+47.9%	+53.3%	+58.9%
Pretax Income	106.27M	64.60M	51.64M	43.04M	23.08M
Operating Income	104.05M	61.53M	51.07M	42.88M	22.91M
Operating Margin	+61.9%	+50.8%	+47.1%	+52.3%	+56.4%
Profit Margin	+61.5%	+52.6%	+46.4%	+50.1%	+54.3%
Net Income	103.25M	63.69M	50.32M	41.04M	22.07M
Net Income to Common	103.25M	63.69M	50.32M	41.04M	22.07M
Net Income Growth	+62.1%	+26.6%	+22.6%	+86.0%	—
Income Tax Expense	3.03M	0.91M	1.32M	1.99M	1.01M
Effective Tax Rate	+2.8%	+1.4%	+2.5%	+4.6%	+4.4%
Per Share & Capital
EPS (Basic)	20.65	12.74	10.06	8.21	4.41
EPS (Diluted)	20.65	12.74	10.06	8.21	4.41
EPS Growth	+62.1%	+26.6%	+22.6%	+86.0%	—
Dividend Per Share	15.00	3.00	4.00	—	1.00
Shares Outstanding (Basic)	5.00M	5.00M	5.00M	5.00M	5.00M
Shares Outstanding (Diluted)	5.00M	5.00M	5.00M	5.00M	5.00M
Dividend Growth	+400.0%	-25.0%	—	—	—
Free Cash Flow	96.60M	58.45M	57.31M	38.66M	26.27M
Free Cash Flow Margin	+57.5%	+48.3%	+52.9%	+47.2%	+64.6%
Free Cash Flow Per Share	19.32	11.69	11.46	7.73	5.26
Payout Ratio	+38.7%	+86.4%	+149.0%	+12.2%	—

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
Operating Summary
Revenue	167.98M	121.04M	108.36M	81.96M	40.65M
Cost of Revenue	15.06M	15.62M	14.52M	28.34M	2.57M
Gross Profit	152.91M	105.42M	93.84M	53.62M	38.07M
SG&A	47.56M	42.69M	41.79M	9.75M	13.98M
Operating Expenses	48.87M	43.89M	42.77M	10.74M	15.17M
Operating Income	104.05M	61.53M	51.07M	42.88M	22.91M
Interest Income	2.15M	0.63M	—	—	—
Interest Expense	-16.89K	-6.28K	—	—	—
Other Income/Expense	0.09M	2.45M	0.57M	0.15M	0.17M
Pretax Income	106.27M	64.60M	51.64M	43.04M	23.08M
Income Tax	3.03M	0.91M	1.32M	1.99M	1.01M
Net Income	103.25M	63.69M	50.32M	41.04M	22.07M
EBITDA	104.96M	62.34M	51.90M	43.72M	23.94M
EBIT	104.05M	61.53M	51.07M	42.88M	22.91M
EPS (Basic)	20.65	12.74	10.06	8.21	4.41
EPS (Diluted)	20.65	12.74	10.06	8.21	4.41
DPS	15.00	3.00	4.00	—	1.00
Margins & Efficiency
Gross Margin %	+91.0%	+87.1%	+86.6%	+65.4%	+93.7%
EBITDA Margin %	+62.5%	+51.5%	+47.9%	+53.3%	+58.9%
Net Margin %	+61.5%	+52.6%	+46.4%	+50.1%	+54.3%
Revenue & Income
Revenue	167.98M	121.04M	108.36M	81.96M	40.65M
Revenue Growth (YoY)	+38.8%	+11.7%	+32.2%	+101.6%	—
Interest & Investment Income	2.15M	0.63M	—	—	—
Expenses & Provisions
Advertising Expenses	—	—	76.56K	—	—
Cost of Revenue	15.06M	15.62M	14.52M	28.34M	2.57M
Selling, General & Admin	47.56M	42.69M	41.79M	9.75M	13.98M
Operating Expenses	48.87M	43.89M	42.77M	10.74M	15.17M
Interest Expense	-16.89K	-6.28K	—	—	—
Other Non Operating Income (Expenses)	0.09M	2.45M	0.57M	0.15M	0.17M
D&A For EBITDA	0.91M	0.81M	0.83M	0.83M	1.03M
Profitability & Returns
Gross Profit	152.91M	105.42M	93.84M	53.62M	38.07M
Gross Margin	+91.0%	+87.1%	+86.6%	+65.4%	+93.7%
EBIT	104.05M	61.53M	51.07M	42.88M	22.91M
EBIT Margin	+61.9%	+50.8%	+47.1%	+52.3%	+56.4%
EBITDA	104.96M	62.34M	51.90M	43.72M	23.94M
EBITDA Margin	+62.5%	+51.5%	+47.9%	+53.3%	+58.9%
Pretax Income	106.27M	64.60M	51.64M	43.04M	23.08M
Operating Income	104.05M	61.53M	51.07M	42.88M	22.91M
Operating Margin	+61.9%	+50.8%	+47.1%	+52.3%	+56.4%
Profit Margin	+61.5%	+52.6%	+46.4%	+50.1%	+54.3%
Net Income	103.25M	63.69M	50.32M	41.04M	22.07M
Net Income to Common	103.25M	63.69M	50.32M	41.04M	22.07M
Net Income Growth	+62.1%	+26.6%	+22.6%	+86.0%	—
Income Tax Expense	3.03M	0.91M	1.32M	1.99M	1.01M
Effective Tax Rate	+2.8%	+1.4%	+2.5%	+4.6%	+4.4%
Per Share & Capital
EPS (Basic)	20.65	12.74	10.06	8.21	4.41
EPS (Diluted)	20.65	12.74	10.06	8.21	4.41
EPS Growth	+62.1%	+26.6%	+22.6%	+86.0%	—
Dividend Per Share	15.00	3.00	4.00	—	1.00
Shares Outstanding (Basic)	5.00M	5.00M	5.00M	5.00M	5.00M
Shares Outstanding (Diluted)	5.00M	5.00M	5.00M	5.00M	5.00M
Dividend Growth	+400.0%	-25.0%	—	—	—
Free Cash Flow	96.60M	58.45M	57.31M	38.66M	26.27M
Free Cash Flow Margin	+57.5%	+48.3%	+52.9%	+47.2%	+64.6%
Free Cash Flow Per Share	19.32	11.69	11.46	7.73	5.26
Payout Ratio	+38.7%	+86.4%	+149.0%	+12.2%	—