$MCRP

Micropolis AI Robotics

CIK:0001993431|SEC Filings

Statement of Comprehensive Loss	12 Months Ended
Statement of Comprehensive Loss	Dec. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2024 AED (د.إ) د.إ / shares shares	Dec. 31, 2023 AED (د.إ) د.إ / shares shares	Dec. 31, 2022 AED (د.إ) د.إ / shares shares
Profit or loss [abstract]
Revenue	$ 35,415	د.إ 130,043	د.إ 577,064
Cost and operating expenses:
Cost of revenue	(15,575)	(57,192)	(289,119)
Research and development	(531,754)	(1,952,602)	(1,215,091)	(1,443,619)
Administrative expenses	(5,012,077)	(18,404,350)	(11,087,540)	(9,732,985)
Marketing expenses	(204,682)	(751,591)	(14,333)	(85,751)
Profit distribution expenses	(19,840)	(72,851)
Operating loss	(5,748,513)	(21,108,543)	(12,029,019)	(11,262,355)
Other income	5,621	20,640	203,808	28,617
Finance expense	(328,571)	(1,206,514)	(62,969)	(81,706)
Loss for the year	(6,071,463)	(22,294,417)	(11,888,180)	(11,315,444)
Other comprehensive income
Total comprehensive loss for the year	$ (6,071,463)	د.إ (22,294,417)	د.إ (11,888,180)	د.إ (11,315,444)
Loss per share (in Dirhams per share and Dollars per share) \| (per share)	$ (0.2)	د.إ (0.74)	د.إ (0.46)	د.إ (0.48)
Weighted average number of ordinary shares outstanding - Basic (in Shares)	30,000,000	30,000,000	25,585,578	23,706,000
Weighted average number of ordinary shares outstanding - Diluted (in Shares)	30,000,000	30,000,000	25,585,578	23,706,000

Statement of Cash Flows	12 Months Ended
Statement of Cash Flows	Dec. 31, 2024 USD ($)	Dec. 31, 2024 AED (د.إ)	Dec. 31, 2023 AED (د.إ)	Dec. 31, 2022 AED (د.إ)
Cash flow from operating activities
Loss for the period	$ (6,071,463)	د.إ (22,294,417)	د.إ (11,888,180)	د.إ (11,315,444)
Adjustments for:
Depreciation of property and equipment	285,732	1,049,209	727,181	494,912
Disposal loss of property plant and equipment				1,381
Amortization of intangible assets	2,759	10,131		294
Depreciation of right-of-use asset	267,276	981,439	845,064	817,062
Provision for employees’ end-of-service benefits	96,901	355,819	189,040	81,706
Finance expense	328,571	1,206,514	62,969	181,757
Operating loss before working capital changes	(5,090,224)	(18,691,305)	(10,063,926)	(9,738,332)
Changes in working capital
(Increase)/decrease in Trade receivables	(12,868)	(47,250)
(Increase)/decrease in other receivables	(55,267)	(202,941)	6,308	843,895
Decrease/(increase) in advance payment to suppliers	(292,885)	(1,075,473)	(2,291,578)	(14,821)
Increase/(decrease) in trade and other payables	541,460	1,988,236	496,068	85,286
Increase/(decrease) in Contract liabilities	1,296,257	4,759,859	9,269,122
Employees’ end of service benefits paid	(42,680)	(156,720)	(50,948)	(99,261)
Net cash flows used in operating activities	(3,656,207)	(13,425,594)	(2,634,954)	(8,923,233)
Cash flows from investing activities
Acquisition of property and equipment	(465,387)	(1,708,901)	(389,930)	(3,348,914)
Acquisition of intangible assets	(12,995)	(47,716)
Disposal of property and equipment				22,093
Net cash flows used in investing activities	(478,382)	(1,756,617)	(389,930)	(3,326,821)
Cash flows from financing activities
Capital introduced during the year				10,363,887
Ordinary shares issued for cash			2,311
Decrease in due to related parties	(432,536)	(1,588,271)	(32,967)	(884,063)
Increase in due to related parties	4,841,865	17,779,327	3,989,918	1,605,214
Increase in short-term borrowings	40,577	149,000
Decrease in short-term borrowings	(40,577)	(149,000)
Lease payments made during the period	(280,332)	(1,029,380)	(886,840)	(859,830)
Net cash flows generated from financing activities	4,128,997	15,161,676	3,072,422	10,225,208
Net increase in cash and cash equivalents	(5,592)	(20,535)	47,538	(2,024,846)
Cash and cash equivalents at the beginning of the period	18,620	68,372	20,834	2,045,680
Cash and cash equivalents at the end of the period	13,028	47,837	68,372	20,834
Cash paid in interest expense	$ 12,658	د.إ 46,480	د.إ 62,969	د.إ 81,706

Balance Sheets	Dec. 31, 2024 USD ($)	Dec. 31, 2024 AED (د.إ)	Dec. 31, 2023 AED (د.إ)
Non-current assets
Property and equipment	$ 1,119,767	د.إ 4,111,784	د.إ 3,452,092
Intangible assets	10,236	37,585
Right of use asset	365,839	1,343,361	2,141,197
Total Non-current assets	1,495,842	5,492,730	5,593,289
Current assets
Trade receivables	12,868	47,250
Other receivables	237,495	872,080	669,139
Advance Payment to Suppliers	920,989	3,381,872	2,306,399
Cash and cash equivalents	13,028	47,837	68,372
Total Current assets	1,184,380	4,349,039	3,043,910
TOTAL ASSETS	2,680,222	9,841,769	8,637,199
Share capital
Ordinary stock, $0.0001 par value 30,000,000 shares, authorized shares 200,000,000	3,000	11,016	11,016
Additional paid in capital	5,135,195	18,856,437	17,309,994
Accumulated losses	(13,508,432)	(49,602,966)	(27,308,549)
TOTAL DEFICIT	(8,370,237)	(30,735,513)	(9,987,539)
Non-current liabilities
Contract liabilities	3,820,529	14,028,981	9,269,122
Employees’ end-of-service benefits	166,606	611,777	412,678
Payable for shares	27,233	100,000	100,000
Lease liability	137,268	504,048	1,256,274
Total non-current liabilities	4,151,636	15,244,806	11,038,074
Current liabilities
Trade and other payables	875,346	3,214,271	1,226,035
Due to related parties	5,784,692	21,241,387	5,436,740
Lease liability	238,785	876,818	923,889
Total current liabilities	6,898,823	25,332,476	7,586,664
Total liabilities	11,050,459	40,577,282	18,624,738
TOTAL DEFICIT AND LIABILITIES	$ 2,680,222	د.إ 9,841,769	د.إ 8,637,199