KWSE:AAYAN Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	12.91	13.75	14.46	12.94	10.81	9.67
Other Revenue	28.73	10.05	11.02	7.94	5.89	4.93
Revenue	41.64	23.8	25.48	20.89	16.71	14.6
Revenue Growth (YoY)	77.55%	-6.59%	22.00%	25.00%	14.46%	27.38%
Cost of Revenue	-0.05	-0.09	-0.07	-0.09	-0.1	-0.05
Gross Profit	41.68	23.89	25.55	20.97	16.81	14.65
Selling, General & Admin	9.12	7.24	7.51	6.71	5.81	6.1
Other Operating Expenses	2.75	2.37	2.76	3.21	3.88	4.06
Operating Expenses	12.64	10.23	10.97	10.59	10.28	10.89
Operating Income	29.04	13.66	14.58	10.39	6.53	3.76
Interest Expense	-2.32	-1.03	-0.03	-0.16	-0.06	-
Currency Exchange Gain (Loss)	-0.04	-0.15	-0.03	-0.14	0.01	-0.04
Other Non Operating Income (Expenses)	-0.17	0.26	0.15	0.03	3.49	2.81
EBT Excluding Unusual Items	26.51	12.75	14.66	10.11	9.97	6.53
Gain (Loss) on Sale of Investments	-1.95	-	-1.03	-	-	-0.09
Gain (Loss) on Sale of Assets	1.14	-	0.96	0.42	0.53	-
Asset Writedown	-0.04	-0.04	0.54	-0.04	-0.06	-0.28
Legal Settlements	-3.07	0.26	-0.49	-	-4.31	-0.79
Other Unusual Items	1.63	-0.01	-0.01	-	1.39	25.4
Pretax Income	24.22	12.97	14.64	10.49	7.52	30.77
Income Tax Expense	1.46	0.67	0.99	0.47	0.43	0.94
Earnings From Continuing Operations	22.76	12.29	13.65	10.02	7.09	29.83
Earnings From Discontinued Operations	-	-	-	-	-	-9.12
Net Income to Company	22.76	12.29	13.65	10.02	7.09	20.71
Minority Interest in Earnings	-3.33	-1.03	-1.28	-1.02	-0.99	-0.02
Net Income	19.43	11.27	12.37	9	6.1	20.69
Net Income to Common	19.43	11.27	12.37	9	6.1	20.69
Net Income Growth	80.14%	-8.91%	37.39%	47.60%	-70.52%	-
Shares Outstanding (Basic)	664	664	664	683	689	746
Shares Outstanding (Diluted)	664	664	664	683	689	746
Shares Change (YoY)	-	-	-2.75%	-0.84%	-7.64%	-
EPS (Basic)	0.03	0.02	0.02	0.01	0.01	0.03
EPS (Diluted)	0.03	0.02	0.02	0.01	0.01	0.03
EPS Growth	80.14%	-8.91%	41.27%	48.85%	-68.08%	-
Free Cash Flow	7.67	6.44	6.91	-1.09	11.93	-1.41
Free Cash Flow Per Share	0.01	0.01	0.01	-0.00	0.02	-0.00
Dividend Per Share	0.007	0.007	0.007	0.007	-	-
Gross Margin	100.11%	100.38%	100.28%	100.42%	100.63%	100.35%
Operating Margin	69.75%	57.40%	57.23%	49.73%	39.10%	25.74%
Profit Margin	46.67%	47.33%	48.54%	43.10%	36.50%	141.71%
Free Cash Flow Margin	18.42%	27.07%	27.12%	-5.22%	71.38%	-9.66%
EBITDA	38.83	23.25	24.32	19.67	15.54	13.53
EBITDA Margin	93.25%	97.70%	95.44%	94.20%	93.03%	92.72%
D&A For EBITDA	9.78	9.59	9.74	9.29	9.01	9.78
EBIT	29.04	13.66	14.58	10.39	6.53	3.76
EBIT Margin	69.75%	57.40%	57.23%	49.73%	39.10%	25.74%
Effective Tax Rate	6.03%	5.20%	6.79%	4.47%	5.71%	3.06%
Revenue as Reported	42.7	22.12	25.54	19.11	16.09	37.86

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.