ASAS Makeen Real Estate Development and Investment Company (TADAWUL:9640)

Saudi Arabia · Delayed Price · Currency is SAR

19.30

+0.31 (1.63%)

Oct 15, 2026, 2:39 PM AST

TADAWUL:9640 Financials Overview

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

Millions SAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	484.39	405.21	431.07	351.92	342.53
Revenue Growth	19.54%	-6.00%	22.49%	2.74%	-
Gross Profit	81.54	90.07	126.49	82.73	81.22
Operating Income	56.6	67.65	106.95	72.93	75.92
Net Income	112.74	129.94	111.3	67.77	72.94
Earnings Per Share	3.76	4.33	3.71	2.26	2.95
EPS Growth	-13.23%	16.74%	64.25%	-23.38%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Properties Sales Sector	242.98	253.98	327.26	144.49	177.15
Administrative Services and Properties Rental Revenues	9.6	6.04	3.41	1.84	2.45
Construction and Development for Others	-	145.2	100.4	196.8	162.93
Total	484.39	405.21	431.07	351.92	342.53

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
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
Cash & Investments	12.33	7.91	87.58	21.33	50.89
Total Debt	444.05	485.91	272.42	24.17	69.06
Net Cash (Debt)	-431.72	-478	-184.84	-2.84	-18.17
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-14.39	-15.93	-6.16	-0.09	-0.73

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Operating Cash Flow	-23.27	-237.29	-27.25	-72.53	-3.68
Capital Expenditures	-0.42	-0.42	-0.53	-1.17	-1.07
Free Cash Flow	-23.69	-237.71	-27.77	-73.7	-4.75
Free Cash Flow Growth	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Gross Margin	16.84%	22.23%	29.34%	23.51%	23.71%
Operating Margin	11.68%	16.69%	24.81%	20.72%	22.17%
Pretax Margin	24.77%	33.56%	26.63%	20.85%	22.18%
Profit Margin	23.28%	32.07%	25.82%	19.26%	21.30%
FCF Margin	-4.89%	-58.66%	-6.44%	-20.94%	-1.39%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
PE Ratio	5.14	6.28	-	-	-
PS Ratio	1.20	2.01	-	-	-