Cash flow Deyaar Development

Equities

DEYAAR

AED001001018

Real Estate Development & Operations

Market Closed - Dubai FM Other stock markets 14:57:42 10/07/2025 +04			5-day change	1st Jan Change
1.010 ^AED	-3.81%		+4.34%	+8.84%

06-26	Deyaar Development Restarts Trading on Dubai Bourse	MT
06-26	Deyaar Development to Halt Trading on Dubai Bourse	MT

eced.4yQZsm0vn2Wp0rGxLMCmidok8WXwcWdIMOnbgwE6Z1I.lWJ7wCt58yf_u9brGfn5we4WpzeGHzQfd6SJ7Dl1ICK8QXWLIGPRFfCQgQ

Published financial data: DEYAAR DEVELOPMENT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	413M	497M	803M	1.25B	1.51B
Total Revenues	413M	497M	803M	1.25B	1.51B
Cost of Goods Sold, Total	297M	315M	531M	862M	1.01B
Gross Profit	116M	182M	272M	393M	505M
Selling General & Admin Expenses, Total	149M	161M	178M	225M	254M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	-33.42M	-16.72M	-39.56M	-90.92M	-101M
Other Operating Expenses, Total	116M	144M	139M	135M	153M
Operating Income	436K	37.69M	133M	258M	352M
Interest Expense, Total	-36.89M	-31.92M	-36.09M	-59.81M	-42.98M
Interest And Investment Income	3.2M	1.36M	3.49M	20.17M	36.53M
Net Interest Expenses	-33.68M	-30.56M	-32.6M	-39.64M	-6.44M
Income (Loss) On Equity Invest.	24.74M	54.34M	44.66M	63.21M	160M
Other Non Operating Income (Expenses)	1.7M	6.52M	-	-	-
EBT, Excl. Unusual Items	-6.81M	67.99M	145M	282M	505M
Gain (Loss) On Sale Of Investments	-	-3.9M	-	-	-
Asset Writedown	-205M	7.66M	-	159M	-
Legal Settlements	-4.72M	-946K	-1.17M	-411K	-
Other Unusual Items	-	-20M	-	-	-
EBT, Incl. Unusual Items	-217M	50.8M	144M	441M	505M
Income Tax Expense	-	-	-	-	31.5M
Earnings From Continuing Operations	-217M	50.8M	144M	441M	474M
Net Income to Company	-217M	50.8M	144M	441M	474M
Minority Interest	-	-	-	-	104K
Net Income - (IS)	-217M	50.8M	144M	441M	474M
Net Income to Common Incl Extra Items	-217M	50.8M	144M	441M	474M
Net Income to Common Excl. Extra Items	-217M	50.8M	144M	441M	474M
Per Share Items
Net EPS - Basic	-0.05	0.01	0.03	0.1	0.11
Basic EPS - Continuing Operations	-0.05	0.01	0.03	0.1	0.11
Basic Weighted Average Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Net EPS - Diluted	-0.05	0.01	0.03	0.1	0.11
Diluted EPS - Continuing Operations	-0.05	0.01	0.03	0.1	0.11
Diluted Weighted Average Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Normalized Basic EPS	-0	0.01	0.02	0.04	0.07
Normalized Diluted EPS	-0	0.01	0.02	0.04	0.07
Dividend Per Share	-	-	-	0.04	-
Supplemental Items
EBITDA	22.68M	51.22M	150M	275M	371M
EBITA	436K	37.69M	133M	258M	352M
EBIT	436K	37.69M	133M	258M	352M
EBITDAR	24.38M	52.14M	151M	276M	372M
Effective Tax Rate - (Ratio)	-	-	-	-	6.23
Total Current Taxes	-	-	-	-	32.11M
Total Deferred Taxes	-	-	-	-	-609K
Normalized Net Income	-4.26M	42.49M	90.88M	176M	316M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	20.53M	21.66M	10.8M	18.05M	19.02M
Non-Cash Pension Expense	2.36M	2.82M	3.44M	3.3M	3.69M
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	1.7M	918K	1.31M	891K	693K
Imputed Operating Lease Interest Expense	556K	289K	438K	539K	423K
Imputed Operating Lease Depreciation	1.15M	629K	876K	352K	270K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	375M	464M	940M	1.33B	1.86B
Total Cash And Short Term Investments	375M	464M	940M	1.33B	1.86B
Accounts Receivable, Total	878M	809M	608M	766M	663M
Other Receivables	73.77M	76.46M	98.06M	74.27M	394M
Total Receivables	952M	885M	706M	840M	1.06B
Inventory	1.34B	1.52B	1.47B	1.02B	961M
Prepaid Expenses	8.91M	52.26M	98.9M	183M	-
Deferred Tax Assets Current	-	-	-	-	609K
Other Current Assets, Total	29.07M	60.09M	43.09M	88.85M	90M
Total Current Assets	2.7B	2.98B	3.25B	3.47B	3.97B
Gross Property Plant And Equipment	708M	701M	704M	695M	703M
Accumulated Depreciation	-153M	-165M	-182M	-129M	-148M
Net Property Plant And Equipment	555M	536M	521M	565M	556M
Long-term Investments	1.39B	1.37B	1.36B	1.37B	1.39B
Accounts Receivable Long-Term	204M	144M	276M	286M	153M
Other Long-Term Assets, Total	736M	758M	763M	871M	883M
Total Assets	5.59B	5.79B	6.18B	6.56B	6.95B
Liabilities
Accounts Payable, Total	45.54M	120M	188M	547M	655M
Accrued Expenses, Total	3.94M	3.14M	9.25M	320K	196K
Current Portion of Long-Term Debt	121M	78.93M	99.25M	93.22M	60M
Current Portion of Leases	-	-	-	-	5.15M
Current Income Taxes Payable	-	-	-	-	32.11M
Unearned Revenue Current, Total	10.33M	142M	174M	375M	428M
Other Current Liabilities	364M	350M	336M	22.87M	37.64M
Total Current Liabilities	545M	694M	806M	1.04B	1.22B
Long-Term Debt	705M	716M	838M	551M	415M
Long-Term Leases	-	-	-	-	523K
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	14.7M	15.1M	16.07M	15.6M	17.52M
Other Non Current Liabilities	8.02M	4.27M	13.41M	22.33M	31.19M
Total Liabilities	1.27B	1.43B	1.67B	1.63B	1.68B
Common Stock, Total	5.78B	5.78B	4.38B	4.38B	4.38B
Retained Earnings	-1.45B	-1.4B	141M	578M	871M
Comprehensive Income and Other	-15.92M	-13.87M	-14.44M	-15.3M	-9.36M
Total Common Equity	4.31B	4.36B	4.5B	4.94B	5.24B
Minority Interest	-	-	-	-	27.38M
Total Equity	4.31B	4.36B	4.5B	4.94B	5.26B
Total Liabilities And Equity	5.59B	5.79B	6.18B	6.56B	6.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.38B	4.38B	4.38B	4.38B	4.38B
ECS Total Common Shares Outstanding	4.38B	4.38B	4.38B	4.38B	4.38B
Book Value / Share	0.99	1	1.03	1.13	1.2
Tangible Book Value	4.31B	4.36B	4.5B	4.94B	5.24B
Tangible Book Value Per Share	0.99	1	1.03	1.13	1.2
Total Debt	826M	795M	938M	644M	481M
Net Debt	451M	332M	-2.4M	-688M	-1.38B
Debt Equivalent Oper. Leases	13.63M	7.34M	10.51M	7.13M	5.54M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	27.38M
Equity Method Investments, Total	1.35B	1.36B	1.36B	1.37B	1.38B
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	695M	689M	694M	471M	549M
Inventories - Work In Process, Total	222M	499M	469M	303M	262M
Inventories - Finished Goods, Total	417M	333M	301M	245M	146M
Inventories - Others	2.54M	2.43M	3.04M	5.91M	4.47M
Land - (BS)	588M	580M	577M	563M	563M
Buildings, Total	-	-	-	-	-
Machinery, Total	116M	116M	122M	123M	129M
Accumulated Allowance for Doubtful Accounts (Supple)	514M	154M	155M	120M	1.38M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-217M	50.8M	144M	441M	474M
Depreciation & Amortization - CF	22.24M	13.53M	16.72M	17.11M	21.99M
Depreciation & Amortization, Total	22.24M	13.53M	16.72M	17.11M	21.99M
(Gain) Loss on Sale of Investments - (CF)	-	3.9M	-	-	-
Asset Writedown & Restructuring Costs	205M	-7.66M	-	-159M	-
(Income) Loss On Equity Investments - (CF)	-24.74M	-54.34M	-44.1M	-61.8M	-158M
Provision and Write-off of Bad Debts	-3.04M	-839K	354K	4.18M	6.51M
Other Operating Activities, Total	72.58M	40.14M	28.22M	-13.88M	33.55M
Change In Accounts Receivable	354M	-164M	-51.12M	-220M	-162M
Change In Inventories	-145M	-16.06M	63.62M	424M	125M
Change In Accounts Payable	18.55M	66.85M	48.69M	121M	-95.04M
Change in Other Net Operating Assets	-162M	160M	110M	138M	334M
Cash from Operations	121M	91.91M	317M	689M	580M
Capital Expenditure	-4.4M	-1.61M	-6.06M	-7.53M	-9.06M
Sale (Purchase) of Real Estate properties	-3.16M	-1.13M	-1.36M	-719K	-8.6M
Investment in Marketable and Equity Securities, Total	28.87M	38.22M	-149M	-55M	261M
Other Investing Activities, Total	5.52M	14.54M	23.47M	17.84M	86.45M
Cash from Investing	26.83M	50.02M	-132M	-45.4M	330M
Long-Term Debt Issued, Total	112M	626M	416M	105M	3.3M
Total Debt Issued	112M	626M	416M	105M	3.3M
Long-Term Debt Repaid, Total	-267M	-658M	-274M	-398M	-172M
Total Debt Repaid	-267M	-658M	-274M	-398M	-172M
Other Financing Activities, Total	-36.56M	-32.9M	-29.93M	-62.18M	-45.38M
Cash from Financing	-191M	-64.22M	112M	-355M	-214M
Miscellaneous Cash Flow Adjustments	-331K	9K	-66K	-639K	-
Net Change in Cash	-43.71M	77.72M	297M	288M	695M
Supplemental Items
Cash Interest Paid	36.56M	32.9M	29.93M	62.18M	45.38M
Levered Free Cash Flow	273M	12.63M	369M	558M	443M
Unlevered Free Cash Flow	296M	32.58M	392M	595M	470M
Change In Net Working Capital	-278M	2.89M	-298M	-424M	-237M
Net Debt Issued / Repaid	-155M	-31.32M	142M	-293M	-169M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0	0.41	1.39	2.53	3.26
Return on Total Capital	0.01	0.46	1.57	2.93	3.88
Return On Equity %	-4.9	1.17	3.25	9.34	9.29
Return on Common Equity	-4.9	1.17	3.25	9.34	9.32
Margin Analysis
Gross Profit Margin %	28.12	36.6	33.87	31.3	33.41
SG&A Margin	36.11	32.38	22.19	17.97	16.81
EBITDA Margin %	5.49	10.31	18.68	21.94	24.51
EBITA Margin %	0.11	7.58	16.6	20.58	23.26
EBIT Margin %	0.11	7.58	16.6	20.58	23.26
Income From Continuing Operations Margin %	-52.54	10.22	17.95	35.14	31.33
Net Income Margin %	-52.54	10.22	17.95	35.14	31.33
Net Avail. For Common Margin %	-52.54	10.22	17.95	35.14	31.33
Normalized Net Income Margin	-1.03	8.55	11.31	14.04	20.89
Levered Free Cash Flow Margin	66.18	2.54	45.98	44.47	29.32
Unlevered Free Cash Flow Margin	71.77	6.56	48.78	47.45	31.09
Asset Turnover
Asset Turnover	0.07	0.09	0.13	0.2	0.22
Fixed Assets Turnover	0.54	0.91	1.52	2.31	2.7
Receivables Turnover (Average Receivables)	0.35	0.59	1.13	1.78	2.12
Inventory Turnover (Average Inventory)	0.23	0.22	0.36	0.69	1.01
Short Term Liquidity
Current Ratio	4.96	4.3	4.04	3.34	3.26
Quick Ratio	2.43	1.94	2.04	2.09	2.39
Operating Cash Flow to Current Liabilities	0.22	0.13	0.39	0.66	0.48
Days Sales Outstanding (Average Receivables)	1.05K	619.29	321.8	205.05	172.83
Days Outstanding Inventory (Average Inventory)	1.62K	1.66K	1.03K	527.58	360.64
Average Days Payable Outstanding	42.3	85.81	118.33	312.13	233.12
Cash Conversion Cycle (Average Days)	2.62K	2.19K	1.23K	420.5	300.35
Long Term Solvency
Total Debt/Equity	19.17	18.23	20.82	13.05	9.14
Total Debt / Total Capital	16.08	15.42	17.23	11.54	8.37
LT Debt/Equity	16.36	16.42	18.62	11.16	7.9
Long-Term Debt / Total Capital	13.73	13.89	15.41	9.87	7.24
Total Liabilities / Total Assets	22.8	24.68	27.1	24.78	24.22
EBIT / Interest Expense	0.01	1.18	3.7	4.32	8.19
EBITDA / Interest Expense	0.61	1.6	4.16	4.6	8.7
(EBITDA - Capex) / Interest Expense	0.5	1.55	3.99	4.48	8.49
Total Debt / EBITDA	36.45	15.53	6.25	2.34	1.29
Net Debt / EBITDA	19.9	6.48	-0.02	-2.5	-3.68
Total Debt / (EBITDA - Capex)	45.22	16.03	6.51	2.41	1.32
Net Debt / (EBITDA - Capex)	24.69	6.69	-0.02	-2.57	-3.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-31.62	20.37	61.67	56.12	20.61
Gross Profit, 1 Yr. Growth %	-43.6	19.54	49.58	44.3	30.89
EBITDA, 1 Yr. Growth %	-67.17	-12.83	178.73	83.4	37.97
EBITA, 1 Yr. Growth %	-99.21	3.23	230.78	93.57	39.85
EBIT, 1 Yr. Growth %	-99.21	3.23	230.78	93.57	39.85
Earnings From Cont. Operations, 1 Yr. Growth %	-403.23	-123.42	183.92	205.55	7.53
Net Income, 1 Yr. Growth %	-403.23	-123.42	183.92	205.55	7.56
Normalized Net Income, 1 Yr. Growth %	-113.68	132.29	126.88	93.72	83.7
Diluted EPS Before Extra, 1 Yr. Growth %	-403.23	-123.42	183.93	205.55	7.56
Accounts Receivable, 1 Yr. Growth %	-40.83	-7.88	-24.8	18.99	-13.42
Inventory, 1 Yr. Growth %	4.18	13.92	-3.72	-30.12	-6.26
Net Property, Plant and Equip., 1 Yr. Growth %	-42.71	-3.44	-2.66	8.39	-1.72
Total Assets, 1 Yr. Growth %	-10.51	3.69	6.65	6.47	5.83
Tangible Book Value, 1 Yr. Growth %	-4.98	1.16	3.22	9.68	6.06
Common Equity, 1 Yr. Growth %	-4.98	1.16	3.22	9.68	6.06
Cash From Operations, 1 Yr. Growth %	-470.48	-24.14	235.47	117.34	-15.83
Capital Expenditures, 1 Yr. Growth %	-96.11	-63.37	275.81	24.3	20.29
Levered Free Cash Flow, 1 Yr. Growth %	650.3	-95.73	2.49K	54.95	-19.92
Unlevered Free Cash Flow, 1 Yr. Growth %	435.83	-89.78	1.05K	55.59	-20.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-19.92	-9.27	39.5	58.87	37.22
Gross Profit, 2 Yr. CAGR %	-23.74	-6	33.72	46.92	36.29
EBITDA, 2 Yr. CAGR %	-41.1	-13.88	59.82	126.1	57.2
EBITA, 2 Yr. CAGR %	-91.41	-17.18	91.1	153.04	62.46
EBIT, 2 Yr. CAGR %	-91.41	-17.18	91.1	153.04	62.46
Earnings From Cont. Operations, 2 Yr. CAGR %	24.41	-15.73	-18.46	194.54	81.26
Net Income, 2 Yr. CAGR %	24.41	-15.73	-18.46	194.54	81.28
Normalized Net Income, 2 Yr. CAGR %	-78.03	16.87	122.89	109.64	86.47
Diluted EPS Before Extra, 2 Yr. CAGR %	24.41	-15.73	-18.46	194.54	81.28
Accounts Receivable, 2 Yr. CAGR %	-22.3	-26.17	-16.77	-2.68	1.5
Inventory, 2 Yr. CAGR %	-2.21	8.94	4.73	-17.98	-19.06
Net Property, Plant and Equip., 2 Yr. CAGR %	-12.89	-25.63	-3.05	2.72	3.21
Total Assets, 2 Yr. CAGR %	-5.11	-3.67	5.16	6.47	6.15
Tangible Book Value, 2 Yr. CAGR %	-1.84	-1.96	2.19	6.4	7.86
Common Equity, 2 Yr. CAGR %	-1.84	-1.96	2.19	6.4	7.86
Cash From Operations, 2 Yr. CAGR %	7.82	67.64	61.78	170.02	35.19
Capital Expenditures, 2 Yr. CAGR %	-84.85	-88.07	17.32	116.13	22.28
Levered Free Cash Flow, 2 Yr. CAGR %	-17.85	-41.11	11.75	525.26	10.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	-16.02	-23.24	10.87	317.06	10.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-18.1	-8.26	9.99	44.83	44.93
Gross Profit, 3 Yr. CAGR %	-22.25	-3.05	9.75	37.16	40.59
EBITDA, 3 Yr. CAGR %	-46.06	-7.81	29.52	67.32	90.26
EBITA, 3 Yr. CAGR %	-85.33	-13.91	34.38	91.92	105.91
EBIT, 3 Yr. CAGR %	-85.33	-13.91	34.38	91.92	105.91
Earnings From Cont. Operations, 3 Yr. CAGR %	18.47	-28.7	26.33	26.65	110.51
Net Income, 3 Yr. CAGR %	18.47	-28.7	26.33	26.65	110.53
Normalized Net Income, 3 Yr. CAGR %	-63.1	-21.6	42.95	112.71	99.07
Diluted EPS Before Extra, 3 Yr. CAGR %	18.47	-28.7	26.33	26.65	110.53
Accounts Receivable, 3 Yr. CAGR %	-27.15	-17.77	-25.72	-4.45	-6.4
Inventory, 3 Yr. CAGR %	2.62	2.89	4.54	-8.49	-14.24
Net Property, Plant and Equip., 3 Yr. CAGR %	0.31	-9.85	-18.64	0.62	1.22
Total Assets, 3 Yr. CAGR %	-5.11	-2.26	-0.35	5.54	6.25
Tangible Book Value, 3 Yr. CAGR %	-4.81	-0.85	-0.26	4.62	6.29
Common Equity, 3 Yr. CAGR %	-4.81	-0.85	-0.26	4.62	6.29
Cash From Operations, 3 Yr. CAGR %	-27.17	-4.11	113.25	78.51	83.02
Capital Expenditures, 3 Yr. CAGR %	-71.05	-79.67	-62.32	19.6	77.78
Levered Free Cash Flow, 3 Yr. CAGR %	-26.52	-68.52	116.47	23.55	214.41
Unlevered Free Cash Flow, 3 Yr. CAGR %	-24.07	-57.35	92.09	23.13	139.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.94	3.02	1.34	14.27	20.17
Gross Profit, 5 Yr. CAGR %	-2.63	2.67	1.96	14.49	19.68
EBITDA, 5 Yr. CAGR %	35.26	-2.77	0.76	33.31	39.95
EBITA, 5 Yr. CAGR %	-46.99	-7.27	-0.7	34.3	44.97
EBIT, 5 Yr. CAGR %	-46.99	-7.27	-0.7	34.3	44.97
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.73	-25.14	2.03	25.75	45.96
Net Income, 5 Yr. CAGR %	-5.73	-25.14	2.03	25.75	45.97
Normalized Net Income, 5 Yr. CAGR %	-45.34	5.41	1.43	14.83	58.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.73	-25.14	2.03	25.75	45.97
Accounts Receivable, 5 Yr. CAGR %	-16.28	-17.62	-23.16	-12.04	-14.88
Inventory, 5 Yr. CAGR %	5.96	9.69	3.46	-6.03	-5.63
Net Property, Plant and Equip., 5 Yr. CAGR %	15.93	9.27	-1.05	-5.02	-10.52
Total Assets, 5 Yr. CAGR %	-2.09	-1.4	-1.13	1.14	2.17
Tangible Book Value, 5 Yr. CAGR %	-1.55	-2.19	-2.07	1.99	2.91
Common Equity, 5 Yr. CAGR %	-1.55	-2.19	-2.07	1.99	2.91
Cash From Operations, 5 Yr. CAGR %	20.66	6.88	0.22	45.91	77.71
Capital Expenditures, 5 Yr. CAGR %	-29.74	-51.96	-49.33	-47.66	-39.66
Levered Free Cash Flow, 5 Yr. CAGR %	4.67	-43.24	-11.72	6.62	64.86
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.1	-30.59	-10.35	7.22	53.44