**Summary**
Dar Global PLC, a luxury international real estate developer, announced its full-year results for 2025, highlighting significant growth and strategic expansion. The companys portfolio Gross Development Value (GDV) doubled to $19 billion, driven by large-scale projects in Saudi Arabia. Key achievements include securing development rights in Riyadh and Jeddah, acquiring prime plots for new projects, and launching Trump Plaza in Jeddah in collaboration with The Trump Organization. Dar Global also received approval for listing on the London Stock Exchange (LSE) and extended its Litmus Facility to enhance liquidity.
Financial highlights for FY25 include
Revenue of $538.6 million (up 124% from FY24).
Gross profit of $189.7 million (up 117%).
EBITDA of $126.6 million (up 321%).
Profit for the period of $100.8 million (up 577%).
Strong balance sheet with cash balances of $701.5 million and total available liquidity of $311.7 million.
The companys strategic expansion into Saudi Arabia aligns with the Kingdoms Vision 2030, and it plans to enter the financial services sector in the Dubai International Finance Centre (DIFC). Dar Global also announced a tokenized hotel development project, Trump International Hotel Maldives, with The Trump Organization.
Despite global uncertainties, Dar Global remains confident in its strategy, focusing on luxury branded residences and sustainable growth. The companys CEO, Ziad El Chaar, emphasized their resilience and commitment to long-term value creation for stakeholders.
Here is a comparison of the financials and debt year on year for Dar Global PLC, presented in an HTML table format:
This table provides a clear comparison of key financial metrics and debt levels between FY25 and FY24 for Dar Global PLC. The significant increases in revenue, gross profit, EBITDA, and profit for the period highlight the company's strong financial performance in FY25. The relatively modest increase in total debt, combined with a substantial rise in cash and cash equivalents, suggests improved financial health and liquidity.