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

ADX:KICO Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	9.38	16.97	16.87	17.91	16.89
Total Revenue	9.38	16.97	16.87	17.91	16.89
Revenue Growth (YoY	-44.72%	0.56%	-5.78%	6.05%	-12.34%
Property Expenses	3.47	3.56	3.52	4.29	4.81
Selling, General & Administrative	21.26	6.72	5.19	1.6	1.56
Depreciation & Amortization	-	-	-	0.16	0.2
Other Operating Expenses	-	-	-	2.91	2.36
Total Operating Expenses	26.13	12.2	8.7	9.9	8.98
Operating Income	-16.75	4.77	8.17	8.01	7.9
Interest Expense	-1.82	-0.03	-	-	-
Interest & Investment Income	-	2.44	2.86	1.43	0.33
Income (Loss) on Equity Investments	20.75	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-0.01	-0.07	-0.03
Other Non-Operating Income	2.56	0.32	0.21	2.4	-0.07
EBT Excluding Unusual Items	4.74	7.5	11.23	11.77	8.14
Gain (Loss) on Sale of Investments	-0.22	3.74	-8.24	-8.32	14.35
Gain (Loss) on Sale of Assets	1.4	1.08	-0.25	0.91	-
Asset Writedown	-0.81	0.16	-0.84	0.98	-10.22
Pretax Income	5.11	12.47	1.9	5.35	12.27
Income Tax Expense	0.46	1.2	-	-	-
Net Income	4.65	11.27	1.9	5.35	12.27
Net Income to Common	4.65	11.27	1.9	5.35	12.27
Net Income Growth	-58.79%	492.69%	-64.43%	-56.42%	-
Basic Shares Outstanding	116	105	105	105	105
Diluted Shares Outstanding	116	105	105	105	105
Shares Change (YoY)	10.62%	-	-	-	-
EPS (Basic)	0.04	0.11	0.02	0.05	0.12
EPS (Diluted)	0.04	0.11	0.02	0.05	0.12
EPS Growth	-62.74%	492.70%	-64.43%	-56.42%	-
Operating Margin	-178.55%	28.12%	48.42%	44.70%	46.80%
Profit Margin	49.53%	66.43%	11.27%	29.86%	72.66%
EBITDA	-15.79	4.99	8.34	8.17	8.11
EBITDA Margin	-168.31%	29.38%	49.41%	45.60%	48.00%
D&A For Ebitda	0.96	0.21	0.17	0.16	0.2
EBIT	-16.75	4.77	8.17	8.01	7.9
EBIT Margin	-178.55%	28.12%	48.42%	44.70%	46.80%
Effective Tax Rate	9.06%	9.61%	-	-	-

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