KWSE:ACICO 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
Revenue	70.58	66.63	68.24	75.17	74.99	58.3
Revenue Growth (YoY)	3.45%	-2.37%	-9.21%	0.23%	28.64%	60.40%
Cost of Revenue	58.66	54.66	57.59	78.55	64.9	54.29
Gross Profit	11.92	11.96	10.66	-3.38	10.09	4.01
Selling, General & Admin	10.45	10.04	9.54	8.72	7.94	8.04
Other Operating Expenses	-3.28	-4.4	-4.71	-2.48	-4.71	-2.12
Operating Expenses	7.3	5.82	5.27	6.66	3.72	6.52
Operating Income	4.62	6.15	5.39	-10.04	6.38	-2.51
Interest Expense	-9.15	-15.52	-15.32	-11.25	-8.3	-10.33
Interest & Investment Income	0.46	0.46	0.04	0.01	0.01	0.02
Earnings From Equity Investments	-0.58	-0.51	-0.35	-0.01	-0.05	-0.94
Other Non Operating Income (Expenses)	2.67	0.61	1.47	0.65	0.67	0.58
EBT Excluding Unusual Items	-1.98	-8.81	-8.78	-20.65	-1.29	-13.19
Impairment of Goodwill	-4.53	-4.53	-	-	-	-
Gain (Loss) on Sale of Investments	-8.02	-	-0.62	-	-	-
Gain (Loss) on Sale of Assets	-0.51	0.95	-3.71	-0.1	0.03	-1.27
Asset Writedown	-1.52	-1.52	7.46	-19.61	0.1	-15.37
Legal Settlements	7.05	-0.53	-0.52	-6.45	1.31	-
Other Unusual Items	9.56	3.28	0.02	0.41	0	0.02
Pretax Income	0.05	-11.16	-6.15	-46.4	0.14	-29.61
Income Tax Expense	0.09	-	-	-	-	-
Earnings From Continuing Operations	-0.03	-11.16	-6.15	-46.4	0.14	-29.61
Net Income to Company	-0.03	-11.16	-6.15	-46.4	0.14	-29.61
Minority Interest in Earnings	1.61	3.44	2.33	5.69	0.06	0.9
Net Income	1.58	-7.71	-3.82	-40.71	0.21	-28.71
Net Income to Common	1.58	-7.71	-3.82	-40.71	0.21	-28.71
Net Income Growth	-56.48%	-	-	-	-	-
Shares Outstanding (Basic)	330	330	330	330	330	330
Shares Outstanding (Diluted)	330	330	330	330	330	330
Shares Change (YoY)	-	-	-	0.22%	-0.05%	-0.33%
EPS (Basic)	0.00	-0.02	-0.01	-0.12	0.00	-0.09
EPS (Diluted)	0.00	-0.02	-0.01	-0.12	0.00	-0.09
EPS Growth	-56.48%	-	-	-	-	-
Free Cash Flow	7.76	7.04	12.36	12.08	16.45	4.08
Free Cash Flow Per Share	0.02	0.02	0.04	0.04	0.05	0.01
Gross Margin	16.88%	17.96%	15.62%	-4.50%	13.46%	6.88%
Operating Margin	6.55%	9.23%	7.90%	-13.36%	8.50%	-4.31%
Profit Margin	2.24%	-11.58%	-5.59%	-54.16%	0.27%	-49.25%
Free Cash Flow Margin	11.00%	10.56%	18.12%	16.07%	21.93%	6.99%
EBITDA	8.53	9.9	9.25	-5.88	10.8	3.03
EBITDA Margin	12.09%	14.86%	13.55%	-7.82%	14.41%	5.20%
D&A For EBITDA	3.91	3.76	3.86	4.16	4.43	5.55
EBIT	4.62	6.15	5.39	-10.04	6.38	-2.51
EBIT Margin	6.55%	9.23%	7.90%	-13.36%	8.50%	-4.31%
Effective Tax Rate	163.70%	-	-	-	-	-

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