Gulf Hotels Group B.S.C. Income Statement

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

Millions BHD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	39.86	39.24	35.32	32.66	24.31
Other Revenue	3.18	2.94	2.7	2.41	1.45
Revenue	43.04	42.17	38.02	35.07	25.76
Revenue Growth (YoY)	2.05%	10.93%	8.41%	36.14%	30.52%
Cost of Revenue	20.57	19.82	18.62	16.68	14.08
Gross Profit	22.47	22.36	19.39	18.39	11.68
Selling, General & Admin	2.25	2.13	1.98	1.72	0.24
Other Operating Expenses	5.68	5.78	5.23	4.59	3.09
Operating Expenses	12.69	13.44	12.6	12.02	9.63
Operating Income	9.78	8.91	6.79	6.36	2.05
Interest Expense	-	-	-	-0.08	-0.39
Currency Exchange Gain (Loss)	-	-0.06	-0.01	-0.44	-
EBT Excluding Unusual Items	9.78	8.86	6.79	5.85	1.66
Gain (Loss) on Sale of Assets	-	-	-	0.82	-
Asset Writedown	-	-	-	-	1.73
Pretax Income	9.78	8.86	6.79	6.67	3.4
Net Income	9.78	8.86	6.79	6.67	3.4
Net Income to Common	9.78	8.86	6.79	6.67	3.4
Net Income Growth	10.44%	30.52%	1.75%	96.36%	-
Shares Outstanding (Basic)	226	226	226	226	226
Shares Outstanding (Diluted)	226	226	226	226	226
Shares Change (YoY)	-0.18%	-	-	-	-
EPS (Basic)	0.04	0.04	0.03	0.03	0.02
EPS (Diluted)	0.04	0.04	0.03	0.03	0.02
EPS Growth	10.64%	30.52%	1.75%	96.36%	-
Free Cash Flow	6.15	7.19	6.13	8.43	8.98
Free Cash Flow Per Share	0.03	0.03	0.03	0.04	0.04
Dividend Per Share	0.025	0.025	0.025	0.025	0.020
Dividend Growth	-	-	-	25.00%	100.00%
Gross Margin	52.21%	53.02%	51.01%	52.43%	45.35%
Operating Margin	22.72%	21.14%	17.86%	18.14%	7.98%
Profit Margin	22.72%	21.00%	17.85%	19.02%	13.18%
Free Cash Flow Margin	14.29%	17.04%	16.12%	24.04%	34.87%
EBITDA	14.8	14.43	12.06	11.94	8.37
EBITDA Margin	34.38%	34.22%	31.72%	34.06%	32.49%
D&A For EBITDA	5.02	5.52	5.27	5.58	6.31
EBIT	9.78	8.91	6.79	6.36	2.05
EBIT Margin	22.72%	21.14%	17.86%	18.14%	7.98%
Revenue as Reported	43.04	42.17	38.02	35.89	27.49

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