Zain Bahrain B.S.C. Income Statement

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

Millions BHD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	82.43	82.41	77.24	72.32	67.36	64.79
Revenue Growth (YoY)	4.69%	6.70%	6.80%	7.35%	3.98%	4.50%
Cost of Revenue	31.12	31.78	28.5	26.31	22.92	22.99
Gross Profit	51.31	50.63	48.74	46.01	44.45	41.79
Selling, General & Admin	24.3	24.04	22.72	22.37	21.66	20.11
Amortization of Goodwill & Intangibles	2.25	2.25	2.25	1.49	1.4	1.76
Operating Expenses	44.69	44.05	43.26	39.82	38	35.34
Operating Income	6.62	6.58	5.49	6.19	6.45	6.45
Interest Expense	-1.57	-1.56	-1.24	-0.99	-0.79	-0.72
Interest & Investment Income	0.37	0.36	0.4	0.41	0.24	0.24
Currency Exchange Gain (Loss)	-	-	-	-	0.01	-0.04
Other Non Operating Income (Expenses)	0.2	0.2	0.1	0.15	-0.19	-0.35
EBT Excluding Unusual Items	5.62	5.58	4.74	5.76	5.72	5.57
Gain (Loss) on Sale of Assets	0.03	0.03	1	-	-	-
Pretax Income	5.65	5.61	5.74	5.76	5.72	5.57
Earnings From Continuing Operations	5.65	5.61	5.74	5.76	5.72	5.57
Minority Interest in Earnings	0.35	0.38	0.19	0.05	-0	-
Net Income	6	5.99	5.92	5.81	5.71	5.57
Net Income to Common	6	5.99	5.92	5.81	5.71	5.57
Net Income Growth	-0.45%	1.10%	1.96%	1.66%	2.53%	3.09%
Shares Outstanding (Basic)	364	364	364	364	364	364
Shares Outstanding (Diluted)	364	364	364	364	364	364
EPS (Basic)	0.02	0.02	0.02	0.02	0.02	0.02
EPS (Diluted)	0.02	0.02	0.02	0.02	0.02	0.02
EPS Growth	-0.45%	1.10%	1.96%	1.66%	2.53%	3.09%
Free Cash Flow	11.21	11.64	8.97	5.91	10.13	10.49
Free Cash Flow Per Share	0.03	0.03	0.03	0.02	0.03	0.03
Dividend Per Share	0.009	0.009	0.009	0.009	0.009	0.008
Dividend Growth	-	-	-	-	12.50%	33.33%
Gross Margin	62.24%	61.44%	63.11%	63.62%	65.98%	64.51%
Operating Margin	8.03%	7.99%	7.10%	8.56%	9.57%	9.96%
Profit Margin	7.28%	7.27%	7.67%	8.03%	8.48%	8.60%
Free Cash Flow Margin	13.60%	14.12%	11.61%	8.17%	15.03%	16.20%
EBITDA	18.59	18.51	19.13	18.3	18.11	18.09
EBITDA Margin	22.55%	22.46%	24.77%	25.31%	26.88%	27.92%
D&A For EBITDA	11.97	11.92	13.65	12.11	11.66	11.64
EBIT	6.62	6.58	5.49	6.19	6.45	6.45
EBIT Margin	8.03%	7.99%	7.10%	8.56%	9.57%	9.96%

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