ADES Holding Company (TADAWUL:2382)
Saudi Arabia · Delayed Price · Currency is SAR 8.40
-0.09 (-1.06%)
Nov 10, 2026, 3:19 PM AST
ADES Holding Company Cash Flow Statement
Financials in millions SAR. Fiscal year is January - December.
Millions SAR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Net Income | 680.53 | 818.02 | 802.5 | 442.1 | 390.45 | 107.81 |
Depreciation & Amortization | 1,880 | 1,546 | 1,268 | 797.27 | 402.86 | 275.06 |
Other Amortization | 77.97 | 77.97 | 47.14 | 45.27 | 16 | 24.75 |
Loss (Gain) From Sale of Assets | - | - | - | 1.09 | - | - |
Asset Writedown & Restructuring Costs | 16.61 | 28.12 | -38.91 | - | - | 113.83 |
Loss (Gain) From Sale of Investments | -3.03 | -88.78 | -6.82 | 5.02 | - | 8.48 |
Loss (Gain) on Equity Investments | -6.14 | -8.6 | -18.6 | 0.96 | 0.94 | 0.12 |
Stock-Based Compensation | - | 40.38 | 110.65 | - | - | 0.07 |
Provision & Write-off of Bad Debts | - | - | - | - | 236.56 | 215.92 |
Other Operating Activities | 910.5 | 762.87 | 900.6 | 774.07 | -100.96 | -152.16 |
Change in Accounts Receivable | -42.48 | 392 | -138.15 | -423.85 | -44.15 | -136.79 |
Change in Inventory | 2.83 | -84.56 | -184.46 | -147.62 | -37.12 | 3.54 |
Change in Accounts Payable | -13.8 | -106.47 | 72.44 | 34.56 | 321.53 | -87.85 |
Change in Unearned Revenue | -144.96 | -246.06 | 171.28 | 721.94 | - | - |
Change in Other Net Operating Assets | -127.38 | -150.14 | 10.54 | 31.88 | -39.86 | -55.99 |
Operating Cash Flow | 3,231 | 2,981 | 2,996 | 2,283 | 1,146 | 316.79 |
Operating Cash Flow Growth | 11.21% | -0.51% | 31.24% | 99.15% | 261.83% | -48.94% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Capital Expenditures | -1,680 | -1,838 | -2,375 | -4,048 | -3,923 | -355 |
Sale of Property, Plant & Equipment | 1.18 | - | - | 0.02 | - | - |
Cash Acquisitions | -2,484 | -1,081 | -709.27 | 189.83 | -2,534 | -1,109 |
Sale (Purchase) of Intangibles | -0.28 | -0.25 | -1.23 | - | -0.02 | -0.1 |
Investment in Securities | 320.35 | 88.99 | -100.37 | - | - | - |
Other Investing Activities | 94.36 | 98 | 3.53 | 122.03 | 19.19 | 0.21 |
Investing Cash Flow | -3,748 | -2,732 | -3,182 | -3,736 | -6,438 | -1,464 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Long-Term Debt Issued | - | 10,728 | 3,194 | 3,448 | 6,567 | 4,336 |
Long-Term Debt Repaid | - | -7,856 | -1,589 | -3,815 | -937.53 | -3,051 |
Lease Payments | -222.02 | -203.14 | -161.07 | -164.4 | -38.12 | -22.16 |
Net Debt Issued (Repaid) | 3,204 | 2,872 | 1,605 | -367.29 | 5,629 | 1,285 |
Issuance of Common Stock | - | - | - | 3,130 | - | 116.27 |
Common Dividends Paid | -485.83 | -473.4 | -237.5 | - | - | - |
Other Financing Activities | -1,117 | -932.78 | -868.79 | -876.48 | -379.48 | -256.2 |
Financing Cash Flow | 1,602 | 1,466 | 498.43 | 1,886 | 5,250 | 1,145 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Net Cash Flow | 1,084 | 1,714 | 311.91 | 432.28 | -42.03 | -1.47 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | 1,551 | 1,143 | 620.8 | -1,766 | -2,777 | -38.21 |
Free Cash Flow Growth | 58.94% | 84.09% | - | - | - | - |
Free Cash Flow Margin | 17.71% | 17.09% | 10.02% | -40.76% | -112.56% | -2.52% |
Free Cash Flow Per Share | 0.70 | 0.52 | 0.28 | -1.17 | - | - |
Levered Free Cash Flow | 719.04 | 856.22 | -1,207 | -2,566 | -3,400 | -221.3 |
Unlevered Free Cash Flow | 1,414 | 1,359 | -765.6 | -2,151 | -3,242 | -129.09 |
Free Cash Flow After Leases | 1,329 | 939.7 | 459.73 | -1,930 | -2,815 | -60.37 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 Interest Paid | 919.09 | 919.09 | 858.81 | 869.66 | 372.52 | 247.24 |
Cash Income Tax Paid | 215.93 | 157.39 | 73.81 | 26.88 | 46.87 | 39.21 |
Change in Working Capital | -325.79 | -195.24 | -68.36 | 216.92 | 200.4 | -277.09 |