New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 400% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Shareholders have been substantially diluted in the past year (400% increase in shares outstanding). Reported Earnings • May 13
First quarter 2026 earnings released: د.إ0.072 loss per share (vs د.إ0.04 loss in 1Q 2025) First quarter 2026 results: د.إ0.072 loss per share (further deteriorated from د.إ0.04 loss in 1Q 2025). Revenue: د.إ16.7m (up 20% from 1Q 2025). Net loss: د.إ103.0m (loss widened د.إ90.1m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 14
Abu Dhabi National Company for Building Materials PJSC Appoints Hamad Obaid Hamad Taryam Al Shamsi as Member of the Board of Directors Abu Dhabi National Company for Building Materials PJSC at its EGM held on March 13, 2026 announced the approval of the Board of Directors' decision dated February 12, 2026, regarding the appointment of Mr. Hamad Obaid Hamad Taryam Al Shamsi as a member of the Board of Directors to complete the remaining membership term of the Board. New Risk • Mar 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (د.إ366.0m market cap, or US$99.6m). New Risk • Mar 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: د.إ366.0m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Announcement • Feb 23
Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Mar 13, 2026 Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Mar 13, 2026, at 15:00 Arabian Standard Time. Announcement • Feb 16
Abu Dhabi National Company for Building Materials PJSC to Report Fiscal Year 2025 Results on Feb 19, 2026 Abu Dhabi National Company for Building Materials PJSC announced that they will report fiscal year 2025 results on Feb 19, 2026 Reported Earnings • Feb 14
Full year 2025 earnings released: د.إ0.02 loss per share (vs د.إ0.04 profit in FY 2024) Full year 2025 results: د.إ0.02 loss per share (down from د.إ0.04 profit in FY 2024). Revenue: د.إ46.1m (down 12% from FY 2024). Net loss: د.إ24.9m (down 306% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 14
Abu Dhabi National Company for Building Materials PJSC Approves Resignation of Mr. Mahmoud Fouad as Secretary of the Council Abu Dhabi National Company for Building Materials PJSC at its board meeting held on November 6, 2025 accepted the resignation of the Secretary of the council Mr. Mahmoud Fouad. Announcement • Nov 13
Abu Dhabi National Company for Building Materials PJSC to Report Q3, 2025 Results on Nov 14, 2025 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: د.إ0.01 (vs د.إ0.009 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.01. Revenue: د.إ10.9m (down 17% from 2Q 2024). Net loss: د.إ319.6k (down 113% from profit in 2Q 2024). Announcement • Aug 09
Abu Dhabi National Company for Building Materials PJSC to Report Q2, 2025 Results on Aug 14, 2025 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q2, 2025 results on Aug 14, 2025 Reported Earnings • May 17
First quarter 2025 earnings released: د.إ0.04 loss per share (vs د.إ0.03 profit in 1Q 2024) First quarter 2025 results: د.إ0.04 loss per share (down from د.إ0.03 profit in 1Q 2024). Revenue: د.إ13.9m (down 21% from 1Q 2024). Net loss: د.إ12.8m (down 251% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Abu Dhabi National Company for Building Materials PJSC to Report Q1, 2025 Results on May 15, 2025 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q1, 2025 results on May 15, 2025 Announcement • Apr 02
Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Apr 25, 2025 Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Apr 25, 2025, at 14:00 Arabian Standard Time. Location: abu dhabi United Arab Emirates Announcement • Mar 17
Abu Dhabi National Company for Building Materials PJSC to Report Fiscal Year 2024 Results on Mar 21, 2025 Abu Dhabi National Company for Building Materials PJSC announced that they will report fiscal year 2024 results on Mar 21, 2025 New Risk • Mar 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Market cap is less than US$100m (د.إ294.0m market cap, or US$80.1m). Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: د.إ0.01 (vs د.إ0.013 loss in 3Q 2023) Third quarter 2024 results: EPS: د.إ0.01 (up from د.إ0.013 loss in 3Q 2023). Revenue: د.إ10.4m (up 9.6% from 3Q 2023). Net income: د.إ2.09m (up د.إ5.87m from 3Q 2023). Profit margin: 20% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Nov 11
Abu Dhabi National Company for Building Materials PJSC to Report Q3, 2024 Results on Nov 14, 2024 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q3, 2024 results on Nov 14, 2024 Announcement • Oct 24
Abu Dhabi National Company for Building Materials PJSC Accepts Resignation of Mr. Khaled Khalifa Suwaih Obaid Al Nuaimi from the Membership of the Board of Directors Abu Dhabi National Company for Building Materials PJSC announced that at its board meeting held on October 23, 2024, the board accepting the resignation submitted by Mr. Khaled Khalifa Suwaih Obaid Al Nuaimi from the membership of the Board of Directors, and thanking him for the great efforts he made during his membership in the Board. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: د.إ0.01 (vs د.إ0.006 loss in 2Q 2023) Second quarter 2024 results: EPS: د.إ0.01 (up from د.إ0.006 loss in 2Q 2023). Revenue: د.إ13.1m (up 29% from 2Q 2023). Net income: د.إ2.49m (up د.إ4.32m from 2Q 2023). Profit margin: 19% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Abu Dhabi National Company for Building Materials PJSC to Report Q2, 2024 Results on Aug 14, 2024 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q2, 2024 results on Aug 14, 2024 New Risk • May 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (د.إ70.5m market cap, or US$19.2m). Reported Earnings • May 17
First quarter 2024 earnings released: EPS: د.إ0.03 (vs د.إ0.04 loss in 1Q 2023) First quarter 2024 results: EPS: د.إ0.03 (up from د.إ0.04 loss in 1Q 2023). Revenue: د.إ17.5m (up 113% from 1Q 2023). Net income: د.إ8.49m (up د.إ20.9m from 1Q 2023). Profit margin: 49% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 11
Abu Dhabi National Company for Building Materials PJSC to Report Q1, 2024 Results on May 14, 2024 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q1, 2024 results on May 14, 2024 Announcement • Apr 01
Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Apr 25, 2024 Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Apr 25, 2024, at 10:00 Coordinated Universal Time. Agenda: To consider hearing and approving the report of the board of directors on the company's activities and its financial position for the fiscal year ending on 31/12/2023; to consider hearing and approving the auditor's report for the fiscal year ending on 31/12/2023; to consider discussing and approving the company's budget and profit and loss account for the fiscal year ending on 31/12/2023; to consider the proposals of the board of directors regarding non-distribution of profits, whether cash or bonus shares; to consider discharge the members of the board of directors from their liability for the fiscal year ending on 31/12/2023, or not discharge them, dismiss them, and file a liability suit against them, as the case may be; to consider approval of the board of directors' remuneration policy for distributing profits, and the proposal not to pay remuneration to members of the board of directors; and to consider other matters. Announcement • Mar 16
Abu Dhabi National Company for Building Materials PJSC to Report Fiscal Year 2023 Results on Mar 21, 2024 Abu Dhabi National Company for Building Materials PJSC announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Feb 18
Full year 2023 earnings released: د.إ0.06 loss per share (vs د.إ0.10 loss in FY 2022) Full year 2023 results: د.إ0.06 loss per share (improved from د.إ0.10 loss in FY 2022). Revenue: د.إ40.3m (up 31% from FY 2022). Net loss: د.إ18.0m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Third quarter 2023 earnings released: د.إ0.01 loss per share (vs د.إ0.008 loss in 3Q 2022) Third quarter 2023 results: د.إ0.01 loss per share (further deteriorated from د.إ0.008 loss in 3Q 2022). Revenue: د.إ9.46m (up 44% from 3Q 2022). Net loss: د.إ3.78m (loss widened 47% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 11
Abu Dhabi National Company for Building Materials PJSC to Report Q3, 2023 Results on Nov 14, 2023 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q3, 2023 results on Nov 14, 2023 Announcement • Aug 10
Abu Dhabi National Company for Building Materials PJSC to Report Q2, 2023 Results on Aug 14, 2023 Abu Dhabi National Company for Building Materials PJSC announced that they will report Q2, 2023 results on Aug 14, 2023 Reported Earnings • Jul 27
First quarter 2023 earnings released: د.إ0.04 loss per share (vs د.إ0.01 loss in 1Q 2022) First quarter 2023 results: د.إ0.04 loss per share (further deteriorated from د.إ0.01 loss in 1Q 2022). Revenue: د.إ8.24m (down 14% from 1Q 2022). Net loss: د.إ12.4m (loss widened 375% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 08
Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Aug 10, 2023 Abu Dhabi National Company for Building Materials PJSC, Annual General Meeting, Aug 10, 2023, at 10:00 Coordinated Universal Time. Location: Al Salam Street Tourist Club Area Abu Dhabi United Arab Emirates Agenda: For election of a member of the Board of Directors for the seat of women. Reported Earnings • Feb 20
Full year 2022 earnings released: د.إ0.07 loss per share (vs د.إ0.14 loss in FY 2021) Full year 2022 results: د.إ0.07 loss per share (improved from د.إ0.14 loss in FY 2021). Revenue: د.إ30.7m (down 1.1% from FY 2021). Net loss: د.إ22.0m (loss narrowed 48% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). CEO & Director Salah Khamis Ali Al-Junaibi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 20
Second quarter 2022 earnings released: د.إ0.02 loss per share (vs د.إ0.01 loss in 2Q 2021) Second quarter 2022 results: د.إ0.02 loss per share (down from د.إ0.01 loss in 2Q 2021). Revenue: د.إ8.19m (up 12% from 2Q 2021). Net loss: د.إ4.89m (loss widened 172% from 2Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Vice Chairman of Board Salah Khamis Ali Al-Junaibi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 03
Full year 2021 earnings released: د.إ0.14 loss per share (vs د.إ0.33 loss in FY 2020) Full year 2021 results: د.إ0.14 loss per share (up from د.إ0.33 loss in FY 2020). Revenue: د.إ31.1m (down 38% from FY 2020). Net loss: د.إ42.0m (loss narrowed 57% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 20% per year. Executive Departure • May 08
Vice Chairman of the Board Nasser Saif Al Mansoori has left the company On the 29th of April, Nasser Saif Al Mansoori's tenure in the role of Vice Chairman of the Board ended. We don't have any record of a personal shareholding under Nasser Saif's name. Nasser Saif is the only executive to leave the company over the last 12 months. Reported Earnings • May 04
First quarter 2021 earnings released: د.إ0.10 loss per share (vs د.إ0.015 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: د.إ10.9m (down 30% from 1Q 2020). Net loss: د.إ29.0m (loss widened د.إ24.2m from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 31% per year. Reported Earnings • Mar 31
Full year 2020 earnings released: د.إ0.33 loss per share (vs د.إ0.21 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: د.إ49.9m (down 14% from FY 2019). Net loss: د.إ98.6m (loss widened 56% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 10
New 90-day low: د.إ0.22 The company is down 10.0% from its price of د.إ0.24 on 12 November 2020. The Emirian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 21
New 90-day low: د.إ0.23 The company is down 9.0% from its price of د.إ0.25 on 22 October 2020. The Emirian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 19% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: د.إ0.23 The company is down 9.0% from its price of د.إ0.25 on 08 July 2020. The Emirian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 27% over the same period.