Ghitha Holding P.J.S.C (ADX:GHITHA)

Ghitha Holding P.J.S.C Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	76.69	36.51	2,556	30.33	281.72	57.62
Depreciation & Amortization	292.48	276.98	227.78	180.15	80.92	7.79
Loss (Gain) From Sale of Assets	-59.16	-0.75	-2,655	-23.98	0.02	-0.1
Asset Writedown & Restructuring Costs	-32.1	-32.62	-15.25	5.08	-20.01	-
Loss (Gain) From Sale of Investments	-0.47	0.67	23.42	126.56	-194.38	-31.92
Loss (Gain) on Equity Investments	16.48	-49.32	-49.07	-38.69	21.52	-
Provision & Write-off of Bad Debts	34.83	18.98	16.91	1.68	21.44	0.92
Other Operating Activities	249.3	278.28	352.08	147.33	68.65	4.58
Change in Accounts Receivable	-253	-117.08	-38.31	151.53	873.48	-23.56
Change in Inventory	-173.56	-65.38	-152.83	-77.32	-9.39	0.7
Change in Accounts Payable	238.73	-10.63	50.31	279.73	-207.94	22.75
Change in Other Net Operating Assets	-57.36	113.37	58.75	-71.55	-753.29	10.62
Operating Cash Flow	376.97	425.87	370.29	698.43	162.74	49.4
Operating Cash Flow Growth	7.25%	15.01%	-46.98%	329.16%	229.47%	96.34%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-208.38	-170.51	-156.15	-466.02	-107.5	-11.94
Sale of Property, Plant & Equipment	3.42	4.14	3.17	42.92	0.47	0.2
Cash Acquisitions	-16.76	-484.08	-25.87	54.29	-452.14	35.81
Divestitures	86.69	86.69	-468.28	-	6.33	-
Sale (Purchase) of Intangibles	-2.81	-3.51	-1.11	-2.9	-0.4	-0
Investment in Securities	9.05	112	100.19	-235.73	126.88	-53.12
Other Investing Activities	-99.62	-80.41	10.04	39.3	-5.91	-
Investing Cash Flow	-228.41	-535.66	-538	-568.14	-432.27	-29.05

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	306.49	-	199.29	702.58	-
Total Debt Issued	267.62	306.49	-	199.29	702.58	-
Long-Term Debt Repaid	-	-27.13	-101.76	-32.13	-140.76	-9.83
Net Debt Issued (Repaid)	48.24	279.36	-101.76	167.16	561.82	-9.83
Other Financing Activities	-62.62	-105.31	-71.27	22.86	-	-
Financing Cash Flow	-14.38	174.05	-173.04	190.02	561.82	-9.83

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-1.52	0.77	-4.28	-1.76	-10.4	-
Net Cash Flow	132.66	65.03	-345.03	318.55	281.9	10.52

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	168.59	255.37	214.14	232.41	55.24	37.46
Free Cash Flow Growth	-8.34%	19.25%	-7.86%	320.74%	47.48%	99.10%
Free Cash Flow Margin	2.67%	4.58%	4.36%	5.10%	2.42%	6.87%
Free Cash Flow Per Share	0.57	1.06	0.89	0.96	0.28	0.38
Levered Free Cash Flow	16.75	66.71	400.53	41.7	-923.02	45.05
Unlevered Free Cash Flow	71.36	120.36	447.18	83.61	-916.04	46.11

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	36.59	58.08	65.64	65.31	7.55	1.15
Cash Income Tax Paid	22.1	22.1	-	-	-	-
Change in Working Capital	-245.2	-79.73	-82.08	282.39	-97.14	10.5

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 29, 2026

Data Sources Report a data error