Al Eid Food Company K.S.C. (Public) (KWSE:ALEID)

KWSE:ALEID Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	69.73	35.12	28.2	22.86	17.5
Other Revenue	0.2	0.19	0.18	0.17	0.13
Revenue	69.93	35.31	28.38	23.03	17.63
Revenue Growth (YoY)	98.05%	24.41%	23.23%	30.63%	-2.01%
Cost of Revenue	60.17	29.44	23.67	19.16	14.78
Gross Profit	9.76	5.87	4.71	3.87	2.85
Selling, General & Admin	2.28	1.28	1.11	0.78	0.53
Other Operating Expenses	0.39	0.18	0.15	0.13	0.1
Operating Expenses	2.86	1.69	1.46	1.09	0.77
Operating Income	6.9	4.18	3.25	2.78	2.08
Interest Expense	-1.25	-0.7	-0.6	-0.48	-0.47
Other Non Operating Income (Expenses)	-0.05	-0.03	-0.02	-0.02	-0.01
Pretax Income	5.59	3.45	2.63	2.27	1.59
Income Tax Expense	0.06	0.03	0.03	0.02	0.02
Earnings From Continuing Operations	5.54	3.41	2.6	2.25	1.57
Minority Interest in Earnings	-0.22	-0.21	-0.09	-0.05	-
Net Income	5.32	3.2	2.51	2.2	1.57
Net Income to Common	5.32	3.2	2.51	2.2	1.57
Net Income Growth	66.05%	27.59%	14.09%	39.85%	4.22%
Shares Outstanding (Basic)	303	193	186	186	186
Shares Outstanding (Diluted)	303	193	186	186	186
Shares Change (YoY)	57.23%	3.62%	-	-	-
EPS (Basic)	0.02	0.02	0.01	0.01	0.01
EPS (Diluted)	0.02	0.02	0.01	0.01	0.01
EPS Growth	5.61%	23.13%	14.09%	39.86%	4.22%
Free Cash Flow	0.4	-0.92	0.82	1.4	0.47
Free Cash Flow Per Share	0.00	-0.01	0.00	0.01	0.00
Dividend Per Share	0.013	0.010	0.004	0.006	0.003
Dividend Growth	30.00%	122.22%	-27.42%	87.88%	-
Gross Margin	13.96%	16.63%	16.58%	16.80%	16.17%
Operating Margin	9.86%	11.84%	11.45%	12.06%	11.78%
Profit Margin	7.61%	9.07%	8.85%	9.55%	8.92%
Free Cash Flow Margin	0.57%	-2.60%	2.89%	6.09%	2.68%
EBITDA	7.09	4.41	3.45	2.96	2.22
EBITDA Margin	10.14%	12.48%	12.15%	12.85%	12.58%
D&A For EBITDA	0.19	0.22	0.2	0.18	0.14
EBIT	6.9	4.18	3.25	2.78	2.08
EBIT Margin	9.86%	11.84%	11.45%	12.06%	11.78%
Effective Tax Rate	1.02%	0.99%	1.01%	1.03%	1.05%

Updated Mar 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.