First Avenue for Real Estate Development Co. (9610) is listed on Nomu of the Saudi Exchange (Tadawul) under sector Real Estate Mgmt & Dev't. Financial data sourced from CMA-mandated XBRL filings via Sahm Screener (sahmscreener.com).

For fiscal year 2025, First Avenue for Real Estate Development Co. reported revenue of SAR 327M, net profit of SAR 109M, and earnings per share of SAR 0.58. Total assets stood at SAR 1.65B with total equity of SAR 676M and total liabilities of SAR 977M.

Operating cash flow for 2025 was SAR -258M, representing a cash conversion ratio of -2.37 relative to net profit. Free cash flow was SAR -562M.

Earnings quality analysis by Sahm Screener: Of every SAR 1.00 in reported net profit for 2025, SAR -2.37 arrived as operating cash. This indicates Low quality earnings based on the cash conversion ratio of -2.37.

Revenue growth from 2024 to 2025: +28.1%. Net profit growth over the same period: +83.8%. 3-year revenue CAGR: 16.9%. 3-year net profit CAGR: 36.6%.

Key financial ratios for 2025: Return on Equity 16.1%, Return on Assets 6.6%, Net Margin 33.4%, Debt to Equity 1.45.

In 2024, First Avenue for Real Estate Development Co. reported revenue of SAR 255M and net profit of SAR 59M, compared to SAR 327M and SAR 109M respectively in 2025.