Gulf Cement Company P.S.C. (ADX:GCEM)

United Arab Emirates · Delayed Price · Currency is AED

1.180

-0.060 (-4.84%)

At close: Aug 13, 2026

ADX:GCEM Financials Overview

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	610.87	565.15	493.4	462.72	348.11	340.64
Revenue Growth	9.08%	14.54%	6.63%	32.92%	2.20%	-1.52%
Gross Profit	107.41	79.43	51.12	-21.84	-22.46	-36.47
Operating Income	14.29	-13.56	-34.24	-50.09	-53.26	-72.16
Net Income	18.62	-7.99	-41.45	-51.59	-54.4	-52.99
Earnings Per Share	0.05	-0.02	-0.10	-0.13	-0.13	-0.13
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United Arab Emirates	477.86	396.42	262.75	186.49	120.72	75.44
outside United Arab Emirates	122.43	155.15	218.07	276.23	227.39	265.2
Total	600.29	551.57	480.82	462.72	348.11	340.64

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	7.21	2.22	14.01	12.28	13.69	44.21
Total Debt	103.87	78.8	39.49	56.27	51.19	29.32
Net Cash (Debt)	-96.67	-76.59	-25.48	-43.99	-37.5	14.89
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.24	-0.19	-0.06	-0.11	-0.09	0.04

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-57.93	-14.84	56.88	29.56	-44.3	72.47
Capital Expenditures	-29.67	-40.13	-39.11	-35.42	-55.34	-35.72
Free Cash Flow	-87.6	-54.97	17.77	-5.86	-99.63	36.75
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	17.58%	14.06%	10.36%	-4.72%	-6.45%	-10.71%
Operating Margin	2.34%	-2.40%	-6.94%	-10.82%	-15.30%	-21.18%
Pretax Margin	2.45%	-2.29%	-8.40%	-11.15%	-15.63%	-15.56%
Profit Margin	3.05%	-1.41%	-8.40%	-11.15%	-15.63%	-15.56%
FCF Margin	-14.34%	-9.73%	3.60%	-1.27%	-28.62%	10.79%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	-	-	12.24	-	-	7.82
PS Ratio	0.79	0.66	0.44	0.41	0.61	0.84