AL RAMZ CORPORATION INVESTMENT AND DEVELOPMENT

Income Statement Al Ramz Corporation Investment and Development

Stocks

ALRAMZ

AED000801012

Diversified Investment Services

Market Closed - Dubai FM 06:58:04 2026-09-14 EDT			5-day change	1st Jan Change
1.450 ^AED	-3.33%		-0.68%	+15.08%

08-21	Emirati Indices End Week Mixed as US Vows Economic Pressure on Iran	MT
08-21	Adnoc Drilling Renews Al Ramz Capital as Liquidity Provider	MT

0.4BZuH0x26EicsVf9c4e5zqeVXCQn82kTD5SG7ORfw9M.siRWLg8imnmoxT-TGf_zns7ZMEpllzhrbq3Xpqc89pGvJAdxfz69CuvpZw

Published financial data: AL RAMZ CORPORATION INVESTMENT AND DEVELOPMENT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Interest and Dividend Income, Total	27M	34.65M	57.44M	71.86M	83.88M
Interest Expense, Total	4.94M	5.26M	11.18M	25.72M	28.1M
Net Interest Income	22.06M	29.39M	46.26M	46.14M	55.78M
Brokerage Commission	43.55M	42.81M	32.76M	27.66M	51.35M
Underwriting & Investment Banking Fee	34.03M	37.52M	20.05M	23.64M	38.84M
Gain (Loss) on Sale of Investments, Total (Rev)	25.25M	-6.3M	19.61M	2.43M	13.41M
Other Revenues, Total	-	-	-	-	-
Revenues Before Provison For Loan Losses	125M	103M	119M	99.86M	159M
Provision For Loan Losses	3.94M	371K	158K	346K	-
Total Revenues	121M	103M	119M	99.52M	159M
Salaries And Other Employee Benefits	-	-	-	50.33M	73.27M
Cost of Services Provided, Total	66.43M	70.55M	78.5M	25.16M	27.69M
Depreciation & Amortization - (IS) - (Collected)	-	-	-	5.98M	4.62M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	445K	887K
Total Operating Expenses	66.43M	70.55M	78.5M	81.92M	106M
Operating Income	54.52M	32.49M	40.02M	17.6M	52.91M
EBT, Excl. Unusual Items	54.52M	32.49M	40.02M	17.6M	52.91M
EBT, Incl. Unusual Items	54.52M	32.49M	40.02M	17.6M	52.91M
Income Tax Expense	-	-	354K	1.65M	4.65M
Earnings From Continuing Operations	54.52M	32.49M	39.67M	15.95M	48.26M
Net Income to Company	54.52M	32.49M	39.67M	15.95M	48.26M
Net Income - (IS)	54.52M	32.49M	39.67M	15.95M	48.26M
Net Income to Common Incl Extra Items	54.52M	32.49M	39.67M	15.95M	48.26M
Net Income to Common Excl. Extra Items	54.52M	32.49M	39.67M	15.95M	48.26M
Per Share Items
Net EPS - Basic	0.1	0.06	0.07	0.03	0.09
Basic EPS - Continuing Operations	0.1	0.06	0.07	0.03	0.09
Basic Weighted Average Shares Outstanding	520M	502M	550M	550M	550M
Net EPS - Diluted	0.1	0.06	0.07	0.03	0.09
Diluted EPS - Continuing Operations	0.1	0.06	0.07	0.03	0.09
Diluted Weighted Average Shares Outstanding	520M	502M	550M	550M	550M
Normalized Basic EPS	0.07	0.04	0.05	0.02	0.06
Normalized Diluted EPS	0.07	0.04	0.05	0.02	0.06
Dividend Per Share	0.06	0.06	0.06	-	0.07
Payout Ratio	19.55	61.32	83.17	206.85	-
Supplemental Items
Effective Tax Rate - (Ratio)	-	-	0.88	9.37	8.8
Total Current Taxes	-	-	-	1.65M	4.65M
Total Deferred Taxes	-	-	354K	-	-
Normalized Net Income	34.07M	20.31M	25.02M	11M	33.07M
Non-Cash Pension Expense	744K	1.39M	1.98M	2.26M	2.05M

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Assets
Cash And Equivalents	465M	567M	503M	684M	842M
Accounts Receivable, Total	337M	281M	561M	672M	581M
Gross Property Plant And Equipment	69.27M	80.39M	83.39M	90.58M	95.16M
Accumulated Depreciation	-40.84M	-45.29M	-50.32M	-56.14M	-60.59M
Net Property Plant And Equipment	28.43M	35.1M	33.07M	34.44M	34.57M
Goodwill	24.57M	24.57M	33.6M	24.57M	24.57M
Other Intangibles, Total	-	-	-	13.11M	22.28M
Trading Asset Securities, Total	168M	55.48M	76.78M	67.48M	68.12M
Other Current Assets, Total	18.24M	23.3M	27.06M	30.15M	32.98M
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	1.04B	986M	1.23B	1.53B	1.61B
Liabilities
Accounts Payable, Total	349M	214M	332M	431M	504M
Accrued Expenses, Total	19.06M	15.26M	14.2M	6.15M	22.42M
Short-Term Borrowings	191M	205M	329M	544M	481M
Current Portion of Leases	123K	181K	152K	176K	185K
Long-Term Leases	1.12M	943K	828K	651K	466K
Current Income Taxes Payable	-	-	-	1.65M	4.74M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	-	-
Pension & Other Post Retirement Benefits	4.61M	5.18M	6.48M	7.47M	8.63M
Deferred Tax Liability Non-Current	-	-	354K	354K	354K
Total Liabilities	565M	441M	682M	991M	1.02B
Common Stock, Total	550M	550M	550M	550M	550M
Additional Paid In Capital	-	21.96M	21.96M	21.96M	21.96M
Retained Earnings	245M	257M	264M	247M	295M
Treasury Stock	-34.88M	-	-	-	-
Comprehensive Income and Other	-284M	-284M	-284M	-284M	-284M
Total Common Equity	476M	545M	552M	535M	583M
Total Equity	476M	545M	552M	535M	583M
Total Liabilities And Equity	1.04B	986M	1.23B	1.53B	1.61B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	498M	550M	550M	550M	550M
ECS Total Common Shares Outstanding	498M	550M	550M	550M	550M
Book Value / Share	0.96	0.99	1	0.97	1.06
Tangible Book Value	451M	521M	518M	497M	536M
Tangible Book Value Per Share	0.91	0.95	0.94	0.9	0.98
Total Debt	192M	206M	330M	545M	482M
Net Debt	-440M	-416M	-250M	-207M	-429M
Accumulated Allowance for Doubtful Accounts (Supple)	4.26M	4.36M	5.28M	5.63M	1.93M

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Net Income	54.52M	32.49M	39.67M	15.95M	48.26M
Depreciation, Depletion & Amortization	4.23M	4.69M	5.27M	5.98M	4.62M
Total Depreciation, Depletion & Amortization	4.23M	4.69M	5.27M	5.98M	4.62M
Amortization of Deferred Charges, Total	-	-	-	445K	887K
(Gain) Loss On Sale of Asset - (CF)	-50K	-29K	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-18.65M	17.38M	-10.68M	9.81M	-9.56M
Total Asset Writedown	-	-	-	-	-
Provision and Write-off of Bad Debts	3.59M	13K	158K	-17K	-
Change in Accounts Receivable	-	-	-	-	-
Change in Accounts Payable	162M	-165M	143M	86.71M	-7.85M
Change in Other Net Operating Assets (Collected)	-116M	78.88M	-311M	-109M	186M
Other Operating Activities	-3.21M	-5.95M	-8.19M	-11.05M	-19.42M
Cash from Operations	86.34M	-37.84M	-142M	-1.02M	203M
Capital Expenditure	-5.19M	-11.36M	-12.27M	-7.35M	-4.85M
Sale of Property, Plant, and Equipment	-	29K	-	-	-
Cash Acquisitions	-	-	-	-	-
Purchase / Sale of Intangible Assets	-	-	-	-4.52M	-9.96M
Sale (Purchase) of Real Estate Properties (Collected)	1.05M	-	-	-	-
Investment in Marketable and Equity Securities, Total	25.06M	104M	76.93M	-45.95M	54.08M
Other Investing Activities, Total	3.02M	123M	9.24M	-64.31M	-174M
Cash from Investing	23.94M	215M	73.9M	-122M	-134M
Short Term Debt Issued, Total	-	-	140M	160M	59M
Total Debt Issued	-	-	140M	160M	59M
Short Term Debt Repaid, Total	-47.51M	-	-	-16.9M	-
Long-Term Debt Repaid, Total	-70K	-123K	-199K	-199K	-215K
Total Debt Repaid	-47.58M	-123K	-199K	-17.1M	-215K
Issuance of Common Stock	-	56.84M	-	-	-
Repurchase of Common Stock	-34.88M	-	-	-	-
Common Dividends Paid	-10.66M	-19.92M	-33M	-33M	-
Common & Preferred Stock Dividends Paid	-10.66M	-19.92M	-33M	-33M	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-93.12M	36.79M	107M	110M	58.78M
Net Change in Cash	17.16M	214M	39.16M	-13.24M	128M
Supplemental Items
Cash Interest Paid	6.97M	5.26M	10.91M	25.36M	28.07M
Cash Income Tax Paid (Refund)	-	-	-	-	1.56M
Net Debt Issued / Repaid	-47.58M	-123K	140M	143M	58.78M

Fiscal Period: December	2021 (AED)	2022 (AED)	2023 (AED)	2024 (AED)	2025 (AED)
Profitability
Return on Assets	5.63	3.21	3.57	1.16	3.08
Return On Equity %	11.57	6.36	7.23	2.94	8.63
Return on Common Equity	11.57	6.36	7.23	2.94	8.63
Margin Analysis
Gross Profit Margin %	100	100	100	97.64	99.01
SG&A Margin	54.93	68.47	66.23	73.5	62.36
Income From Continuing Operations Margin %	45.07	31.53	33.47	16.03	30.28
Net Income Margin %	45.07	31.53	33.47	16.03	30.28
Net Avail. For Common Margin %	45.07	31.53	33.47	16.03	30.28
Normalized Net Income Margin	28.17	19.71	21.11	11.05	20.75
Asset Turnover
Asset Turnover	0.12	0.1	0.11	0.07	0.1
Short Term Liquidity
Current Ratio	1.77	2.13	1.73	1.48	1.5
Quick Ratio	1.73	2.08	1.69	1.45	1.47
Operating Cash Flow to Current Liabilities	0.15	-0.09	-0.21	-0	0.2
Long Term Solvency
Total Debt/Equity	40.43	37.86	59.72	101.9	82.57
Total Debt / Total Capital	28.79	27.46	37.39	50.47	45.23
LT Debt/Equity	0.24	0.17	0.15	0.12	0.08
Long-Term Debt / Total Capital	0.17	0.13	0.09	0.06	0.04
Total Liabilities / Total Assets	54.29	44.72	55.28	64.95	63.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	280.52	-14.8	15.02	-16.04	60.15
Gross Profit, 1 Yr. Growth %	280.52	-14.8	15.02	-16.7	61.11
Earnings From Cont. Operations, 1 Yr. Growth %	-601.47	-40.4	22.09	-59.79	202.53
Net Income, 1 Yr. Growth %	-601.47	-40.4	22.09	-59.79	202.53
Normalized Net Income, 1 Yr. Growth %	-601.47	-40.4	23.18	-56.03	200.63
Diluted EPS Before Extra, 1 Yr. Growth %	-629.9	-38.25	11.52	-59.79	202.53
Common Equity, 1 Yr. Growth %	1.92	14.59	1.22	-3.09	9.02
Total Assets, 1 Yr. Growth %	16.25	-5.24	25.14	23.64	5.18
Tangible Book Value, 1 Yr. Growth %	2.03	15.38	-0.45	-4.07	7.86
Cash From Operations, 1 Yr. Growth %	-72.48	-143.82	286.12	-99.28	-20.13K
Capital Expenditures, 1 Yr. Growth %	112.93	118.91	8.01	-40.06	-23.27
Dividend Per Share, 1 Yr. Growth %	-	0	0	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	62.98	80.05	-1.01	-1.73	15.96
Gross Profit, 2 Yr. CAGR %	63.91	80.05	-1.01	-2.89	16.3
Earnings From Cont. Operations, 2 Yr. CAGR %	265.76	72.88	-14.69	-29.93	10.29
Net Income, 2 Yr. CAGR %	265.76	72.88	-14.69	-29.93	10.29
Normalized Net Income, 2 Yr. CAGR %	265.76	72.88	-14.31	-26.4	14.98
Diluted EPS Before Extra, 2 Yr. CAGR %	275.98	80.89	-17.01	-33.04	10.29
Common Equity, 2 Yr. CAGR %	-0.2	8.07	7.7	-0.96	2.79
Total Assets, 2 Yr. CAGR %	4.38	4.96	8.89	24.39	14.04
Tangible Book Value, 2 Yr. CAGR %	-0.21	8.5	7.17	-2.28	1.72
Cash From Operations, 2 Yr. CAGR %	-4.85	-65.27	28.04	-83.36	19.86
Capital Expenditures, 2 Yr. CAGR %	-4.01	115.89	53.77	-19.54	-37.12
Dividend Per Share, 2 Yr. CAGR %	-	-	0	-	8.01
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	32.7	31.29	55.07	-6.29	15.65
Gross Profit, 3 Yr. CAGR %	33.34	31.79	55.07	-7.04	15.26
Earnings From Cont. Operations, 3 Yr. CAGR %	153.46	99.78	53.96	-33.61	14.09
Net Income, 3 Yr. CAGR %	153.46	99.78	53.96	-33.61	14.09
Normalized Net Income, 3 Yr. CAGR %	153.46	99.78	54.41	-31.4	17.65
Diluted EPS Before Extra, 3 Yr. CAGR %	158.16	105.9	53.96	-34.82	10.7
Common Equity, 3 Yr. CAGR %	0.15	4.5	5.74	3.98	2.26
Total Assets, 3 Yr. CAGR %	0.33	1.07	11.29	13.6	17.62
Tangible Book Value, 3 Yr. CAGR %	0.16	4.74	5.43	3.28	0.99
Cash From Operations, 3 Yr. CAGR %	27.79	-26.52	-23.3	-77.26	77.02
Capital Expenditures, 3 Yr. CAGR %	10.06	26.35	71.39	12.33	-24.69
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	5.27
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.09	-2.04	18.02	16.93	38.05
Gross Profit, 5 Yr. CAGR %	3.36	-1.89	18.36	16.64	37.78
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.47	-11.79	63.96	31.38	34.73
Net Income, 5 Yr. CAGR %	-1.47	-11.79	63.96	31.38	34.73
Normalized Net Income, 5 Yr. CAGR %	-1.47	-11.79	64.25	33.99	37.23
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.4	-10.17	63.96	31.38	34.73
Common Equity, 5 Yr. CAGR %	0.25	1.61	3.11	2.29	4.55
Total Assets, 5 Yr. CAGR %	1.33	-4.28	3.67	9.82	12.38
Tangible Book Value, 5 Yr. CAGR %	0.26	1.69	2.91	1.87	3.93
Cash From Operations, 5 Yr. CAGR %	-12.3	-16.9	27.89	-59.69	-8.31
Capital Expenditures, 5 Yr. CAGR %	-12.67	54.6	25.81	5.48	14.76
Dividend Per Share, 5 Yr. CAGR %	3.71	-	-	-	-