First Avenue Real Estate Development Company (TADAWUL:9610)

TADAWUL:9610 Balance Sheet

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

Assets

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 & Equivalents	26.89	42.18	97.27	14.21	6.89	10.76
Trading Asset Securities	30.65	22.11	-	-	-	2.66
Cash & Short-Term Investments	57.53	64.3	97.27	14.21	6.89	13.42
Cash Growth	-75.95%	-33.90%	584.40%	106.21%	-48.63%	198.40%
Accounts Receivable	15.74	19.37	1.8	9.44	30	2.36
Other Receivables	90.77	93.17	13.99	28.23	22.31	2.09
Receivables	106.51	112.54	21.46	37.66	52.31	4.45
Inventory	723.08	672.2	312.21	111.52	168.86	114.68
Prepaid Expenses	0.17	0.43	0.21	0.08	0.05	0.04
Other Current Assets	26.92	9.25	40.88	20.57	6.06	3.83
Total Current Assets	914.21	858.72	472.04	184.04	234.17	136.42
Property, Plant & Equipment	21.24	23.32	0.22	0.57	0.48	0.69
Long-Term Investments	259.23	261.81	76.44	229.45	184.44	51.3
Goodwill	-	-	2.46	-	-	-
Other Intangible Assets	0.36	0.4	-	-	-	-
Other Long-Term Assets	543.77	509.32	408.94	86.63	9.36	6.89
Total Assets	1,739	1,654	960.1	500.69	428.43	195.3

Liabilities

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
Accounts Payable	1.52	65.61	33.9	2.59	0.25	-
Accrued Expenses	62.18	-	-	9.32	7.05	6.58
Current Portion of Long-Term Debt	253.87	210.27	111.71	45	50	-
Current Portion of Leases	31.86	32.46	31.86	0.25	0.39	0.94
Current Income Taxes Payable	7.51	14.24	4.95	2.7	2.25	1.76
Current Unearned Revenue	14.6	15.52	14.81	9.55	-	-
Other Current Liabilities	38.07	43.57	8.71	28.8	41.33	15.46
Total Current Liabilities	409.61	381.67	205.95	98.21	101.26	24.73
Long-Term Debt	624.37	577.32	203.5	73.08	38.13	42.19
Long-Term Leases	10.83	11.11	13.53	0.24	6.69	6.53
Pension & Post-Retirement Benefits	2.83	2.49	1.72	0.92	0.6	0.35
Other Long-Term Liabilities	4.31	4.67	5.59	-	-	-
Total Liabilities	1,052	977.26	430.29	172.45	146.69	73.81

Shareholders' Equity

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
Common Stock	300	205	205	188.58	113.63	100
Additional Paid-In Capital	27.01	115.64	115.64	18.14	74.95	-
Retained Earnings	373.34	362.6	225.72	99.01	59.76	21.49
Treasury Stock	-15.19	-8.83	-16.56	-20.46	-2.33	-
Comprehensive Income & Other	0.01	0.12	-	42.98	35.74	-
Total Common Equity	685.17	674.54	529.81	328.24	281.75	121.49
Minority Interest	1.7	1.76	-	-	-	-
Shareholders' Equity	686.87	676.3	529.81	328.24	281.75	121.49
Total Liabilities & Equity	1,739	1,654	960.1	500.69	428.43	195.3

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
Total Debt	920.93	831.17	360.6	118.56	95.22	49.66
Net Cash (Debt)	-863.4	-766.87	-263.33	-104.35	-88.32	-36.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.07	-2.78	-1.03	-0.42	-0.40	-2.50
Filing Date Shares Outstanding	285.57	285.58	275.36	247.07	16.4	14.5
Total Common Shares Outstanding	285.57	285.58	275.36	247.07	16.4	14.5
Working Capital	504.6	477.05	266.09	85.83	132.9	111.69
Book Value Per Share	2.40	2.36	1.92	1.33	17.18	8.38
Tangible Book Value	684.81	674.14	527.35	328.24	281.75	121.49
Tangible Book Value Per Share	2.40	2.36	1.92	1.33	17.18	8.38
Land	10.46	10.46	-	-	-	-
Buildings	10.65	10.65	-	-	-	-
Machinery	0.97	0.96	0.59	0.54	0.49	0.44
Leasehold Improvements	-	0.28	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Sep 3, 2026

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

Update frequency:

Semi-annually

Last checked:

Sep 23, 2026

Data Sources Report a data error