Al Khaleej Investment P.J.S.C. (ADX:KICO)

ADX:KICO Income Statement

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	14.42	16.97	16.87	17.91	16.89	19.27
Total Revenue	14.42	16.97	16.87	17.91	16.89	19.27
Revenue Growth (YoY	-15.59%	0.56%	-5.78%	6.05%	-12.34%	-16.38%
Property Expenses	3.73	3.56	3.52	4.29	4.81	3.2
Selling, General & Administrative	13.64	6.72	5.19	1.6	1.56	7.31
Depreciation & Amortization	-	-	-	0.16	0.2	-
Other Operating Expenses	-	-	-	2.91	2.36	-
Total Operating Expenses	20.29	12.2	8.7	9.9	8.98	10.5
Operating Income	-5.88	4.77	8.17	8.01	7.9	8.76
Interest Expense	-0.33	-0.03	-	-	-	-
Interest & Investment Income	2.64	2.44	2.86	1.43	0.33	1.25
Currency Exchange Gain (Loss)	-	-	-0.01	-0.07	-0.03	-0.06
Other Non-Operating Income	0.52	0.32	0.21	2.4	-0.07	0.2
EBT Excluding Unusual Items	-3.06	7.5	11.23	11.77	8.14	10.15
Gain (Loss) on Sale of Investments	4.52	3.74	-8.24	-8.32	14.35	-5.28
Gain (Loss) on Sale of Assets	1.79	1.08	-0.25	0.91	-	-
Asset Writedown	0.16	0.16	-0.84	0.98	-10.22	-35.21
Pretax Income	3.4	12.47	1.9	5.35	12.27	-30.34
Income Tax Expense	0.87	1.2	-	-	-	-
Net Income	2.53	11.27	1.9	5.35	12.27	-30.34
Net Income to Common	2.53	11.27	1.9	5.35	12.27	-30.34
Net Income Growth	-68.76%	492.69%	-64.43%	-56.42%	-	-
Basic Shares Outstanding	105	105	105	105	105	105
Diluted Shares Outstanding	105	105	105	105	105	105
EPS (Basic)	0.02	0.11	0.02	0.05	0.12	-0.29
EPS (Diluted)	0.02	0.11	0.02	0.05	0.12	-0.29
EPS Growth	-68.76%	492.70%	-64.43%	-56.42%	-	-
Operating Margin	-40.78%	28.12%	48.42%	44.70%	46.80%	45.49%
Profit Margin	17.56%	66.43%	11.27%	29.86%	72.66%	-157.48%
EBITDA	-5.62	4.99	8.34	8.17	8.11	8.98
EBITDA Margin	-38.96%	29.38%	49.41%	45.60%	48.00%	46.59%
D&A For Ebitda	0.26	0.21	0.17	0.16	0.2	0.21
EBIT	-5.88	4.77	8.17	8.01	7.9	8.76
EBIT Margin	-40.78%	28.12%	48.42%	44.70%	46.80%	45.49%
Effective Tax Rate	25.56%	9.61%	-	-	-	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.