KWSE:AAYANRE 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
Rental Revenue	5.09	4.9	4.5	4.25	3.48	2.27
Property Management Fees	0.52	0.45	0.28	0.46	0.2	0.18
Gain (Loss) on Sale of Assets (Rev)	-0.1	-0.02	-0.02	0.16	-0.02	-0.02
Gain (Loss) on Sale of Investments (Rev)	0.44	0.17	1.83	-0	-0.01	-0
Other Revenue	1.37	1.24	0.82	0.19	-1.31	-3.44
Total Revenue	7.48	6.88	7.51	5.28	2.53	-1.01
Revenue Growth (YoY	9.65%	-8.30%	42.26%	108.52%	-	-
Property Expenses	-0	-0	-0	-0.01	0	4.16
Selling, General & Administrative	0.6	0.54	0.6	0.6	0.37	0.39
Provision for Loan Losses	-	-	-	-	-	0
Other Operating Expenses	1.76	1.72	1.92	1.51	1.36	1.71
Total Operating Expenses	2.37	2.21	2.68	2.13	1.72	6.63
Operating Income	5.11	4.68	4.83	3.15	0.81	-7.64
Interest Expense	-0.78	-0.77	-0.69	-0.69	-0.74	-0.67
Other Non-Operating Income	-0.02	-0.02	-0.02	-0.02	-0.01	-0.36
EBT Excluding Unusual Items	4.31	3.89	4.12	2.43	0.07	-8.67
Gain (Loss) on Sale of Assets	-	-	-	1.35	-	0.19
Asset Writedown	0.13	0.13	-0.34	-0.02	-0.03	-4.35
Total Legal Settlements	-	-	-	-	-	-0.02
Pretax Income	4.44	4.02	3.78	3.76	0.04	-12.85
Income Tax Expense	0.1	0.09	0.1	0.1	0.01	-
Earnings From Continuing Operations	4.34	3.92	3.68	3.66	0.03	-12.85
Minority Interest in Earnings	-1.06	-1.01	-0.93	-1.02	-0.8	1.25
Net Income	3.28	2.91	2.75	2.64	-0.77	-11.6
Net Income to Common	3.28	2.91	2.75	2.64	-0.77	-11.6
Net Income Growth	36.22%	5.73%	4.07%	-	-	-
Basic Shares Outstanding	415	415	416	416	413	401
Diluted Shares Outstanding	415	415	416	416	413	401
Shares Change (YoY)	0.00%	-0.08%	0.02%	0.50%	3.08%	2.84%
EPS (Basic)	0.01	0.01	0.01	0.01	-0.00	-0.03
EPS (Diluted)	0.01	0.01	0.01	0.01	-0.00	-0.03
EPS Growth	36.23%	5.82%	4.06%	-	-	-
Dividend Per Share	0.005	0.005	0.005	0.005	-	-
Operating Margin	68.33%	67.96%	64.32%	59.71%	32.09%	-
Profit Margin	43.86%	42.28%	36.67%	50.12%	-30.47%	-
EBITDA	5.17	4.76	4.92	3.21	0.85	-7.62
EBITDA Margin	69.15%	69.10%	65.50%	60.82%	33.59%	-
D&A For Ebitda	0.06	0.08	0.09	0.06	0.04	0.01
EBIT	5.11	4.68	4.83	3.15	0.81	-7.64
EBIT Margin	68.33%	67.96%	64.32%	59.71%	32.09%	-
Effective Tax Rate	2.23%	2.36%	2.63%	2.70%	24.24%	-
Revenue as Reported	7.61	7.01	7.17	6.61	2.5	-5.17

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