Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Announcement • Feb 26
Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2026 Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2026, at 17:00 Arabian Standard Time. Board Change • Feb 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Board Change • Feb 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Board Change • May 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Reported Earnings • Apr 16
First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.004 loss in 1Q 2024) First quarter 2025 results: ر.ع0.002 loss per share (improved from ر.ع0.004 loss in 1Q 2024). Revenue: ر.ع823.4k (up 22% from 1Q 2024). Net loss: ر.ع93.6k (loss narrowed 52% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 1% per year. New Risk • Mar 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.ع554k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.ع554k free cash flow). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.ع6.37m market cap, or US$16.5m). Board Change • Mar 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Announcement • Mar 04
Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2025 Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2025, at 17:00 Arabian Standard Time. New Risk • Dec 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.ع781k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.ع781k free cash flow). Earnings have declined by 24% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (ر.ع6.93m market cap, or US$18.0m). Board Change • Nov 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Reported Earnings • Oct 16
Third quarter 2024 earnings released: ر.ع0.008 loss per share (vs ر.ع0.008 loss in 3Q 2023) Third quarter 2024 results: ر.ع0.008 loss per share (in line with 3Q 2023). Revenue: ر.ع415.9k (down 9.2% from 3Q 2023). Net loss: ر.ع435.2k (loss widened 11% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 17
Second quarter 2024 earnings released: ر.ع0.009 loss per share (vs ر.ع0.007 loss in 2Q 2023) Second quarter 2024 results: ر.ع0.009 loss per share (further deteriorated from ر.ع0.007 loss in 2Q 2023). Revenue: ر.ع475.6k (down 1.5% from 2Q 2023). Net loss: ر.ع458.9k (loss widened 32% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Jun 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 34% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (ر.ع6.93m market cap, or US$18.0m). Reported Earnings • Apr 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: ر.ع676.3k (down 16% from 1Q 2023). Net loss: ر.ع137.8k (loss widened 104% from 1Q 2023). Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Non-Independent Non-Executive Director Faisal Ali Al Omairi 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: Insufficient board refreshment. Announcement • Mar 08
Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2024 Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 25, 2024, at 11:00 Coordinated Universal Time. Agenda: .To consider and approve the Board of Director's Report approve the Corporate Governance Report for the financial year ended 31 December 2023; to consider the Auditor's Report and to approve the Financial Statements of the Company for the financial year ended 31 December 2023; to ratify the sitting fees paid to the board of directors and its subcommittees and determine the sitting fees for the financial year 2024 as recorded in annexure; to consider the transactions entered into by the company with related parties during the financial year; to consider the amounts allocated and spent for the company's social responsibilities; to discuss and approve the proposed allocation of RO1,000 to fulfill the Company's Corporate Social responsibilities for the year ending on 31 December 2024; to appoint the auditors for the financial year ending 31 December 2024and approve their fees. Reported Earnings • Jan 20
Full year 2023 earnings released: ر.ع0.017 loss per share (vs ر.ع0.017 loss in FY 2022) Full year 2023 results: ر.ع0.017 loss per share (in line with FY 2022). Revenue: ر.ع2.70m (up 8.7% from FY 2022). Net loss: ر.ع862.4k (loss narrowed 1.5% from FY 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jan 18
Full year 2022 earnings released: ر.ع0.018 loss per share (vs ر.ع0.024 loss in FY 2021) Full year 2022 results: ر.ع0.018 loss per share (improved from ر.ع0.024 loss in FY 2021). Revenue: ر.ع2.49m (up 10% from FY 2021). Net loss: ر.ع881.0k (loss narrowed 26% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Oct 26
Third quarter 2022 earnings released: ر.ع0.008 loss per share (vs ر.ع0.006 loss in 3Q 2021) Third quarter 2022 results: ر.ع0.008 loss per share (further deteriorated from ر.ع0.006 loss in 3Q 2021). Revenue: ر.ع490.5k (up 2.3% from 3Q 2021). Net loss: ر.ع388.2k (loss widened 21% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2022 earnings released: ر.ع0.003 loss per share (vs ر.ع0.005 loss in 1Q 2021) First quarter 2022 results: ر.ع0.003 loss per share (up from ر.ع0.005 loss in 1Q 2021). Revenue: ر.ع750.8k (up 35% from 1Q 2021). Net loss: ر.ع125.3k (loss narrowed 51% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Mar 04
Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 20, 2022 Ubar Hotels & Resorts SAOG, Annual General Meeting, Mar 20, 2022, at 11:00 Coordinated Universal Time. Location: Blue Room Park Inn Muscat Muscat Oman Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2021; to consider and approve the Board of Directors performance report for the financial year ended 31/12/2021; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2021; to consider the Auditor's Report and to approve the Financial Statements (Balance Sheet and Profit and Loss Account) of the Company for the financial year ended 31 December 2021; to approve sitting fees to the board of directors' meetings and its subcommittees for the financial year ended on 31/12/2021 and to determine the fees for the forthcoming financial year ending on 31/12/2022; to inform the shareholders about the related parties transactions entered by the Company during the financial year ended 31 December 2021; to consider the amounts allocated and spent for the company's social responsibilities for the year ended on 31/12/2021; and to consider other matters. Reported Earnings • Jul 15
Second quarter 2021 earnings released: ر.ع0.005 loss per share (vs ر.ع0.008 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ر.ع513.1k (up 127% from 2Q 2020). Net loss: ر.ع246.1k (loss narrowed 37% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
First quarter 2021 earnings released: ر.ع0.005 loss per share (vs ر.ع0.001 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ر.ع558.2k (down 44% from 1Q 2020). Net loss: ر.ع253.0k (down 441% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2020 earnings released: ر.ع0.016 loss per share (vs ر.ع0.003 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ر.ع1.99m (down 53% from FY 2019). Net loss: ر.ع812.7k (down ر.ع952.7k from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of ر.ع406.2k, with earnings decreasing by ر.ع574.4k from the prior year. Total revenue was ر.ع2.84m over the last 12 months, down 37% from the prior year. Reported Earnings • Oct 16
Third quarter earnings released Over the last 12 months the company has reported total losses of ر.ع406.2k, with earnings decreasing by ر.ع574.4k from the prior year. Total revenue was ر.ع2.84m over the last 12 months, down 37% from the prior year. 
