AFAQ HOLDING FOR INVESTMENT & REAL ESTATE DEVELOPMENT CO. P.L.C

Income Statement Afaq Holding for Investment & Real Estate Development Co. P.L.C

Stocks

MANR

JO3125911011

Construction Materials

End-of-day quote Amman S.E. 20/08/2026			5-day change	1st Jan Change
0.3200 ^JOD	0.00%		+3.23%	-21.95%

30/07	Afaq Holding for Investment & Real Estate Development Co. P.L.C Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
04/05	Afaq Holding for Investment & Real Estate Development Co. P.L.C Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: AFAQ HOLDING FOR INVESTMENT & REAL ESTATE DEVELOPMENT CO. P.L.C

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	4.52Cr	5.45Cr	5.82Cr	5.67Cr	6.48Cr
Total Revenues	4.52Cr	5.45Cr	5.82Cr	5.67Cr	6.48Cr
Cost of Goods Sold, Total	4.64Cr	5.22Cr	5.44Cr	5.08Cr	5.77Cr
Gross Profit	-11.44L	22.89L	38.36L	58.64L	70.86L
Selling General & Admin Expenses, Total	26.57L	24.12L	23.79L	28.1L	34.54L
Provision for Bad Debts	25.81L	25.53L	-	4L	-
Other Operating Expenses	3L	2L	-	-	-
Other Operating Expenses, Total	55.54L	51.23L	23.79L	32.47L	34.54L
Operating Income	-66.98L	-28.34L	14.57L	26.17L	36.32L
Interest Expense, Total	-25.76L	-28.3L	-40.04L	-47.77L	-44L
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-25.76L	-28.3L	-40.04L	-47.77L	-44L
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	69.1T	4L	-38.29L
EBT, Excl. Unusual Items	-92.74L	-56.64L	-24.78L	-17.18L	-45.96L
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-12L	12L
EBT, Incl. Unusual Items	-92.74L	-56.64L	-24.78L	-29.18L	-33.96L
Income Tax Expense	-	-	-	-	10.32T
Earnings From Continuing Operations	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Net Income to Company	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Net Income - (IS)	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Net Income to Common Incl Extra Items	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Net Income to Common Excl. Extra Items	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Per Share Items
Net EPS - Basic	-0.12	-0.07	-0.03	-0.04	-0.04
Basic EPS - Continuing Operations	-0.12	-0.07	-0.03	-0.04	-0.04
Basic Weighted Average Shares Outstanding	8Cr	8Cr	8Cr	8Cr	8Cr
Net EPS - Diluted	-0.12	-0.07	-0.03	-0.04	-0.04
Diluted EPS - Continuing Operations	-0.12	-0.07	-0.03	-0.04	-0.04
Diluted Weighted Average Shares Outstanding	8Cr	8Cr	8Cr	8Cr	8Cr
Normalized Basic EPS	-0.07	-0.04	-0.02	-0.01	-0.04
Normalized Diluted EPS	-0.07	-0.04	-0.02	-0.01	-0.04
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	1L	22.23L	58.25L	69.09L	74.78L
EBITA	-66.98L	-28.34L	14.57L	26.17L	36.32L
EBIT	-66.98L	-28.34L	14.57L	26.17L	36.32L
EBITDAR	1L	-	-	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	-0.3
Normalized Net Income	-57.96L	-35.4L	-15.48L	-10.74L	-28.73L
Interest on Long-Term Debt	6T	9L	5L	7L	4L
Supplemental Operating Expense Items
Advertising Expense	2.88T	2.25T	573	9.11T	9.18T
Selling and Marketing Expenses	2.88T	2.25T	573	9.11T	9.18T
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	21.41T	-	-	-	-
Imputed Operating Lease Interest Expense	22.14T	-	-	-	-
Imputed Operating Lease Depreciation	-731	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1L	5L	3L	6L	89.39T
Total Cash And Short Term Investments	1L	5L	3L	6L	89.39T
Accounts Receivable, Total	3.32Cr	3.68Cr	4.37Cr	3.97Cr	4.2Cr
Other Receivables	9L	2L	2L	2L	2L
Total Receivables	3.4Cr	3.7Cr	4.39Cr	3.99Cr	4.22Cr
Inventory	18.82L	20.03L	17.14L	28.16L	28.69L
Prepaid Expenses	13.48L	12.48L	11.65L	11.2L	16.67L
Other Current Assets, Total	9L	10.18L	20.27L	1.08Cr	65.73L
Total Current Assets	3.84Cr	4.18Cr	4.91Cr	5.52Cr	5.34Cr
Gross Property Plant And Equipment	12Cr	12Cr	12Cr	11Cr	12Cr
Accumulated Depreciation	-5.08Cr	-5.58Cr	-5.4Cr	-4.77Cr	-5.07Cr
Net Property Plant And Equipment	6.57Cr	6.06Cr	6.3Cr	6.36Cr	7.15Cr
Long-term Investments	-	-	-	-	-
Goodwill	1.42Cr	1.42Cr	2.47Cr	2.47Cr	2.47Cr
Other Intangibles, Total	-	-	-	-	-
Accounts Receivable Long-Term	-	9L	-	-	2L
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	12Cr	12Cr	14Cr	14Cr	15Cr
Liabilities
Accounts Payable, Total	41.76L	43.78L	42.36L	53.85L	62.99L
Accrued Expenses, Total	18.19L	14.01L	10L	8L	6L
Short-term Borrowings	1.21Cr	1.2Cr	1.41Cr	1.89Cr	1.97Cr
Current Portion of Long-Term Debt	12.8L	13.59L	62.71L	1.02Cr	71.94L
Current Portion of Leases	21.13T	27.42L	32.91L	47.05L	24.05L
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	3.96Cr	4.31Cr	4.13Cr	4.17Cr	5.25Cr
Total Current Liabilities	5.89Cr	6.49Cr	7.02Cr	8.16Cr	8.87Cr
Long-Term Debt	51.39L	48.29L	1.08Cr	1.23Cr	1.13Cr
Long-Term Leases	42.44T	62.12L	33.34L	6L	15.82L
Other Non Current Liabilities	1.29Cr	58.28L	29.29L	23.12L	48.16L
Total Liabilities	7.7Cr	8.18Cr	8.72Cr	9.68Cr	11Cr
Common Stock, Total	8Cr	8Cr	8Cr	8Cr	8Cr
Retained Earnings	-3.87Cr	-4.44Cr	-3.04Cr	-3.33Cr	-3.67Cr
Total Common Equity	4.13Cr	3.56Cr	4.96Cr	4.67Cr	4.33Cr
Total Equity	4.13Cr	3.56Cr	4.96Cr	4.67Cr	4.33Cr
Total Liabilities And Equity	12Cr	12Cr	14Cr	14Cr	15Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8Cr	8Cr	8Cr	8Cr	8Cr
ECS Total Common Shares Outstanding	8Cr	8Cr	-	8Cr	8Cr
Book Value / Share	0.52	0.45	0.62	0.58	0.54
Tangible Book Value	2.71Cr	2.15Cr	2.49Cr	2.2Cr	1.86Cr
Tangible Book Value Per Share	0.34	0.27	0.31	0.28	0.23
Total Debt	1.85Cr	2.71Cr	3.78Cr	4.67Cr	4.22Cr
Net Debt	1.84Cr	2.66Cr	3.75Cr	4.6Cr	4.21Cr
Debt Equivalent Oper. Leases	2L	-	-	-	-
Account Code - Inventory Valuation	6	6	-	6	6
Inventories - Raw Materials, Total	4L	4L	4L	4L	4L
Inventories - Others	43.33L	44.6L	41.21L	42.01L	42.53L
Land - (BS)	1.51Cr	1.49Cr	1.47Cr	1.47Cr	1.47Cr
Buildings, Total	84.77L	84.99L	84.99L	84.99L	85.14L
Machinery, Total	8.74Cr	8.77Cr	9.25Cr	8.67Cr	9.77Cr
Full Time Employees	-	843	-	802	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.07Cr	1.32Cr	1.32Cr	81.24L	81.24L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-92.74L	-56.64L	-24.78L	-29.18L	-34.06L
Depreciation & Amortization - CF	68.38L	50.78L	43.76L	42.99L	38.52L
Depreciation & Amortization, Total	68.38L	50.78L	43.76L	42.99L	38.52L
(Gain) Loss From Sale Of Asset	4L	3L	-24.38T	7L	41.38L
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	12L	-12L
Provision and Write-off of Bad Debts	25.81L	25.53L	-	4L	-
Other Operating Activities, Total	24.54L	28.14L	40.04L	57.99L	44.1L
Change In Accounts Receivable	-30.37L	-39.15L	-13.01L	36.52L	-24.22L
Change In Inventories	4L	-1L	3L	-21.25L	-52.31T
Change In Accounts Payable	-1L	2L	-1L	11.49L	9L
Change in Other Net Operating Assets	43.23L	21.65L	-1.07Cr	-6L	1.34Cr
Cash from Operations	45.71L	34.58L	-59.61L	1.16Cr	1.96Cr
Capital Expenditure	-2L	-6L	-11.57L	-2.08Cr	-1.41Cr
Sale of Property, Plant, and Equipment	9L	4L	3L	53.58L	28.64L
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	7L	-2L	-9L	-1.54Cr	-1.12Cr
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	30.63L	3L	1.09Cr	54.46L	-
Total Debt Issued	30.63L	3L	1.09Cr	54.46L	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-3L	-11.13L	-28.4L	-20.02L	-56.92L
Total Debt Repaid	-3L	-11.13L	-28.4L	-20.02L	-56.92L
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-25.76L	-19.47L	-34.94L	-41.23L	-40.23L
Cash from Financing	2L	-27.91L	45.41L	-7L	-97.15L
Net Change in Cash	54.88L	4L	-22.74L	-44.83L	-13.55L
Supplemental Items
Cash Interest Paid	25.76L	-	-	-	-
Cash Income Tax Paid (Refund)	2.94T	-	-	-	-
Levered Free Cash Flow	1.52Cr	29.99L	-82.18L	-2.23Cr	21.65L
Unlevered Free Cash Flow	1.68Cr	47.67L	-57.16L	-1.93Cr	49.15L
Change In Net Working Capital	-1.43Cr	-20.61L	98.45L	44.81L	-1.29Cr
Net Debt Issued / Repaid	27.62L	-8L	80.35L	34.44L	-56.92L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-3.48	-1.5	0.72	1.17	1.55
Return on Total Capital	-6.36	-2.7	1.21	1.81	2.54
Return On Equity %	-20.19	-14.72	-5.81	-6.06	-7.58
Return on Common Equity	-20.19	-14.72	-5.81	-6.06	-7.58
Margin Analysis
Gross Profit Margin %	-2.53	4.2	6.59	10.34	10.93
SG&A Margin	5.88	4.43	4.08	4.96	5.33
EBITDA Margin %	0.26	4.08	10	12.19	11.54
EBITA Margin %	-14.82	-5.2	2.5	4.62	5.6
EBIT Margin %	-14.82	-5.2	2.5	4.62	5.6
Income From Continuing Operations Margin %	-20.52	-10.4	-4.25	-5.15	-5.26
Net Income Margin %	-20.52	-10.4	-4.25	-5.15	-5.26
Net Avail. For Common Margin %	-20.52	-10.4	-4.25	-5.15	-5.26
Normalized Net Income Margin	-12.82	-6.5	-2.66	-1.89	-4.43
Levered Free Cash Flow Margin	33.52	5.51	-14.11	-39.37	3.34
Unlevered Free Cash Flow Margin	37.09	8.76	-9.81	-34.11	7.58
Asset Turnover
Asset Turnover	0.38	0.46	0.46	0.4	0.44
Fixed Assets Turnover	0.69	0.86	0.94	0.9	0.96
Receivables Turnover (Average Receivables)	1.47	1.56	1.45	1.36	1.59
Inventory Turnover (Average Inventory)	23.11	26.86	29.27	22.44	20.31
Short Term Liquidity
Current Ratio	0.65	0.64	0.7	0.68	0.6
Quick Ratio	0.58	0.58	0.63	0.5	0.48
Operating Cash Flow to Current Liabilities	0.08	0.05	-0.08	0.14	0.22
Days Sales Outstanding (Average Receivables)	248.93	233.51	252.14	268.92	229.91
Days Outstanding Inventory (Average Inventory)	15.79	13.59	12.47	16.31	17.97
Average Days Payable Outstanding	33.52	29.79	29.05	33.91	36.9
Cash Conversion Cycle (Average Days)	231.2	217.31	235.56	251.33	210.98
Long Term Solvency
Total Debt/Equity	44.89	76.15	76.21	100.03	97.48
Total Debt / Total Capital	30.98	43.23	43.25	50.01	49.36
LT Debt/Equity	12.54	30.98	28.48	27.58	29.75
Long-Term Debt / Total Capital	8.66	17.59	16.16	13.79	15.07
Total Liabilities / Total Assets	65.08	69.65	63.76	67.47	71.09
EBIT / Interest Expense	-2.6	-1	0.36	0.55	0.83
EBITDA / Interest Expense	0.05	0.79	1.46	1.45	1.7
(EBITDA - Capex) / Interest Expense	-0.02	0.58	1.17	-2.9	-1.5
Total Debt / EBITDA	132.64	12.09	6.48	6.75	5.63
Net Debt / EBITDA	131.59	11.87	6.42	6.66	5.62
Total Debt / (EBITDA - Capex)	-476.85	16.52	8.08	-3.37	-6.38
Net Debt / (EBITDA - Capex)	-473.09	16.21	8.01	-3.32	-6.37
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	35.68	20.45	6.95	-2.66	14.34
Gross Profit, 1 Yr. Growth %	-54.59	-304.91	67.54	52.88	20.84
EBITDA, 1 Yr. Growth %	-109.12	1.24T	162.07	18.6	8.24
EBITA, 1 Yr. Growth %	10.02	-57.38	-151.41	79.61	38.82
EBIT, 1 Yr. Growth %	10.02	-57.38	-151.41	79.61	38.82
Earnings From Cont. Operations, 1 Yr. Growth %	-52.36	-38.93	-56.25	17.78	16.74
Net Income, 1 Yr. Growth %	-52.36	-38.93	-56.25	17.78	16.74
Normalized Net Income, 1 Yr. Growth %	3.42	-38.93	-56.25	-30.66	167.52
Diluted EPS Before Extra, 1 Yr. Growth %	-52.36	-38.93	-56.26	17.78	16.74
Accounts Receivable, 1 Yr. Growth %	16.35	11.97	18.62	-9.17	5.9
Inventory, 1 Yr. Growth %	-11.64	6.44	-14.44	64.34	1.86
Net Property, Plant and Equip., 1 Yr. Growth %	2.17	-7.82	4.01	0.89	12.36
Total Assets, 1 Yr. Growth %	-3.24	-0.74	16.5	4.87	4.29
Tangible Book Value, 1 Yr. Growth %	-25.47	-20.87	16.06	-11.71	-15.48
Common Equity, 1 Yr. Growth %	-18.34	-13.71	39.14	-5.88	-7.3
Cash From Operations, 1 Yr. Growth %	-36.14	-38.02	-272.38	-295.02	68.53
Capital Expenditures, 1 Yr. Growth %	-91.41	236.13	92.72	1.7T	-32.19
Levered Free Cash Flow, 1 Yr. Growth %	154.46	-77.46	-374.02	171.6	-109.7
Unlevered Free Cash Flow, 1 Yr. Growth %	116.17	-68.1	-219.89	238.26	-125.42
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-9.25	27.84	13.5	2.03	5.5
Gross Profit, 2 Yr. CAGR %	-36.77	-4.67	85.29	60.04	35.92
EBITDA, 2 Yr. CAGR %	-59.48	30.59	491.77	76.3	13.3
EBITA, 2 Yr. CAGR %	13.55	-31.77	-53.19	-3.91	57.9
EBIT, 2 Yr. CAGR %	13.55	-31.77	-53.19	-3.91	57.9
Earnings From Cont. Operations, 2 Yr. CAGR %	3.55	-46.06	-48.31	-28.22	17.26
Net Income, 2 Yr. CAGR %	3.55	-46.06	-48.31	-28.22	17.26
Normalized Net Income, 2 Yr. CAGR %	3.55	-20.53	-48.31	-44.92	36.2
Diluted EPS Before Extra, 2 Yr. CAGR %	2.66	-46.06	-48.31	-28.22	17.26
Accounts Receivable, 2 Yr. CAGR %	6.02	13.63	15.25	3.8	-1.92
Inventory, 2 Yr. CAGR %	-5.75	-3.02	-4.57	18.58	29.38
Net Property, Plant and Equip., 2 Yr. CAGR %	-1	-2.96	-2.09	2.44	6.47
Total Assets, 2 Yr. CAGR %	-7.83	-1.98	7.54	10.54	4.58
Tangible Book Value, 2 Yr. CAGR %	-22.67	-23.2	-4.17	1.23	-13.61
Common Equity, 2 Yr. CAGR %	-23.21	-16.06	9.57	14.43	-6.59
Cash From Operations, 2 Yr. CAGR %	59.6	-30.49	3.36	83.35	81.29
Capital Expenditures, 2 Yr. CAGR %	-42.49	-46.28	154.52	488.31	248.97
Levered Free Cash Flow, 2 Yr. CAGR %	46.14	-29.04	-21.41	172.81	-48.67
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.59	-21.6	-38.16	101.38	-7.27
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-14.35	-0.27	20.46	7.84	5.98
Gross Profit, 3 Yr. CAGR %	-40.34	-7.17	15.04	73.79	45.74
EBITDA, 3 Yr. CAGR %	-74.86	45.32	64.72	246.31	49.84
EBITA, 3 Yr. CAGR %	65.73	-18.29	-37.91	-26.72	8.62
EBIT, 3 Yr. CAGR %	65.73	-18.29	-37.91	-26.72	8.62
Earnings From Cont. Operations, 3 Yr. CAGR %	49.55	-13.16	-49.7	-31.98	-15.59
Net Income, 3 Yr. CAGR %	49.55	-13.16	-49.7	-31.98	-15.59
Normalized Net Income, 3 Yr. CAGR %	56.46	-13.16	-34.87	-42.99	-6.72
Diluted EPS Before Extra, 3 Yr. CAGR %	49.55	-13.66	-49.7	-31.99	-15.59
Accounts Receivable, 3 Yr. CAGR %	-7	7.65	15.27	6.45	4.5
Inventory, 3 Yr. CAGR %	-31.55	-1.85	-6.99	14.39	12.72
Net Property, Plant and Equip., 3 Yr. CAGR %	-5	-3.33	-0.69	-1.1	5.64
Total Assets, 3 Yr. CAGR %	-11.06	-5.51	3.83	6.64	8.41
Tangible Book Value, 3 Yr. CAGR %	-20.51	-22.07	-11.87	-6.75	-4.68
Common Equity, 3 Yr. CAGR %	-19.34	-20.17	-0.66	4.16	6.68
Cash From Operations, 3 Yr. CAGR %	-34.72	24.44	-5.92	27.72	78.27
Capital Expenditures, 3 Yr. CAGR %	-54	3.59	-17.76	388.17	186.31
Levered Free Cash Flow, 3 Yr. CAGR %	281.66	-24.96	11.33	18.82	-10.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	97.87	-19.84	-9.67	8.96	1.02
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-14.23	-11.61	-4.14	0.65	14.24
Gross Profit, 5 Yr. CAGR %	-40.67	-26.75	-6.57	15.43	22.98
EBITDA, 5 Yr. CAGR %	-63.04	-30.54	-4.88	57	41.82
EBITA, 5 Yr. CAGR %	-10.6	-16.14	-0.2	-12.82	-9.81
EBIT, 5 Yr. CAGR %	-10.6	-16.14	-0.2	-12.82	-9.81
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.94	10.16	-2.23	-19.53	-29.43
Net Income, 5 Yr. CAGR %	-0.94	10.16	-2.23	-19.53	-29.43
Normalized Net Income, 5 Yr. CAGR %	-3.26	6.63	0.46	-27.62	-12.51
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.94	10.16	-2.23	-19.81	-29.43
Accounts Receivable, 5 Yr. CAGR %	-5.56	-6.09	1.15	6.09	8.06
Inventory, 5 Yr. CAGR %	-22.44	-21.9	-21.82	5.86	6.14
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.58	-8.34	-3.84	-1.06	2.12
Total Assets, 5 Yr. CAGR %	-7.63	-8.86	-4.03	0.61	4.13
Tangible Book Value, 5 Yr. CAGR %	-17.64	-20.14	-14.34	-13.48	-12.57
Common Equity, 5 Yr. CAGR %	-15.57	-17.06	-8.82	-7.8	-3.08
Cash From Operations, 5 Yr. CAGR %	-26.43	-20.96	-18.36	45.31	22.31
Capital Expenditures, 5 Yr. CAGR %	-64.73	-42.75	-8.81	107.51	46.61
Levered Free Cash Flow, 5 Yr. CAGR %	-4.98	-28.47	97.63	25.76	-18.32
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.54	-19.87	21.44	15.87	-8.72
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-