Morabaha Marina Financing Co. announces its Annual Financial results for the period ending on 2025-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	218,479,130	193,406,858	12.96
Gross Profit (Loss)	166,500,890	139,836,237	19.07
Operational Profit (Loss)	-3,598,535	33,355,083	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,010,641	32,715,138	-96.91
Total Comprehensive Income Attributable to Shareholders of the Issuer	-1,164,364	33,256,587	-
Total Shareholders Equity (after Deducting Minority Equity)	829,348,506	830,512,869	-0.14
Profit (Loss) per Share	0.14	0.47
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	Revenue increased by 12.96% to reach SR 218.48 million compared to the last year, primarily as a result of originating new finance contracts.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The decrease in net profit is attributed to an increase of impairment losses in the financing portfolio, in addition to losses of the subsidiary company (Loop).
Statement of the type of external auditor's report	Unmodified opinion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N/A
Reclassification of Comparison Items	In accordance with IAS 8, management has restated prior period comparative figures to correct the following matters:

1- Reclassification of transaction cost amortization from special commission expenses to special commission income, aligning with IFRS 9 effective interest method requirements.

2- Reclassification of repossessed assets held for sale back to Islamic financing receivables, as the Group had not completed the foreclosure process nor obtained control over the underlying collateral.

These restatements enhance the accuracy and compliance of the Group's financial reporting with applicable IFRS standards. Additional Information In accordance with IAS 8, management has restated prior period comparative figures to correct the following matters:

1- Correction of prepaid expenses incorrectly retained as assets after related consultancy services were fully received, with a corresponding adjustment to retained earnings.

2- Addition of previously omitted disclosures for special commission income received, as recommended by IAS 7.

3- Correction of errors and omissions in the consolidated statement of cash flows, with no impact on comprehensive income, financial position, or changes in equity.

These restatements enhance the accuracy and compliance of the Group's financial reporting with applicable IFRS standards.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.