KWSE:ACICO Income Statement

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

Millions KWD. 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
Revenue	75.64	66.63	68.24	75.17	74.99
Revenue Growth (YoY)	13.53%	-2.37%	-9.21%	0.23%	28.64%
Cost of Revenue	63.97	54.7	57.59	78.55	64.9
Gross Profit	11.67	11.93	10.66	-3.38	10.09
Selling, General & Admin	9.45	10.04	9.54	8.72	7.94
Other Operating Expenses	-3.79	-4.4	-4.71	-2.48	-4.71
Operating Expenses	5.78	5.82	5.27	6.66	3.72
Operating Income	5.89	6.11	5.39	-10.04	6.38
Interest Expense	-7.29	-15.52	-15.32	-11.25	-8.3
Interest & Investment Income	0.33	0.46	0.04	0.01	0.01
Earnings From Equity Investments	-0.38	-0.51	-0.35	-0.01	-0.05
Other Non Operating Income (Expenses)	1.23	0.61	1.47	0.65	0.67
EBT Excluding Unusual Items	-0.23	-8.84	-8.78	-20.65	-1.29
Impairment of Goodwill	-0.53	-4.53	-	-	-
Gain (Loss) on Sale of Investments	-	-	-0.62	-	-
Gain (Loss) on Sale of Assets	-6.84	0.99	-3.71	-0.1	0.03
Asset Writedown	-6.84	-1.52	7.46	-19.61	0.1
Legal Settlements	7.6	-0.53	-0.52	-6.45	1.31
Other Unusual Items	9.74	3.28	0.02	0.41	0
Pretax Income	2.91	-11.16	-6.15	-46.4	0.14
Income Tax Expense	0.05	-	-	-	-
Earnings From Continuing Operations	2.86	-11.16	-6.15	-46.4	0.14
Net Income to Company	2.86	-11.16	-6.15	-46.4	0.14
Minority Interest in Earnings	0.01	3.44	2.33	5.69	0.06
Net Income	2.87	-7.71	-3.82	-40.71	0.21
Net Income to Common	2.87	-7.71	-3.82	-40.71	0.21
Shares Outstanding (Basic)	330	330	330	330	330
Shares Outstanding (Diluted)	330	330	330	330	330
Shares Change (YoY)	-	-	-	0.22%	-0.05%
EPS (Basic)	0.01	-0.02	-0.01	-0.12	0.00
EPS (Diluted)	0.01	-0.02	-0.01	-0.12	0.00
Free Cash Flow	7.14	7.04	12.36	12.08	16.45
Free Cash Flow Per Share	0.02	0.02	0.04	0.04	0.05
Gross Margin	15.43%	17.90%	15.62%	-4.50%	13.46%
Operating Margin	7.78%	9.17%	7.90%	-13.36%	8.50%
Profit Margin	3.79%	-11.58%	-5.59%	-54.16%	0.27%
Free Cash Flow Margin	9.44%	10.56%	18.12%	16.07%	21.93%
EBITDA	9.62	9.86	9.25	-5.88	10.8
EBITDA Margin	12.72%	14.81%	13.55%	-7.82%	14.41%
D&A For EBITDA	3.74	3.76	3.86	4.16	4.43
EBIT	5.89	6.11	5.39	-10.04	6.38
EBIT Margin	7.78%	9.17%	7.90%	-13.36%	8.50%
Effective Tax Rate	1.65%	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.