KWSE:ALFTAQA 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	31.9	20.82	12.14	12.99	13.93
Revenue Growth (YoY)	53.27%	71.52%	-6.61%	-6.70%	-
Cost of Revenue	18.08	12.77	5.94	5.31	6.93
Gross Profit	13.82	8.04	6.19	7.69	7
Selling, General & Admin	1.77	1.29	1.9	1.08	0.95
Amortization of Goodwill & Intangibles	0.04	-	-	-	-
Other Operating Expenses	0.01	-	-	-	-
Operating Expenses	1.91	1.29	1.91	1.08	0.95
Operating Income	11.91	6.75	4.28	6.61	6.05
Interest Expense	-5.98	-4.86	-2.04	-1.16	-1.18
Currency Exchange Gain (Loss)	-	-	0.04	0.05	-0
Other Non Operating Income (Expenses)	0.03	0.03	-0	0.02	0.01
EBT Excluding Unusual Items	5.96	1.92	2.28	5.52	4.87
Gain (Loss) on Sale of Assets	-	-	-	-	2.66
Asset Writedown	-0.17	-	0.21	-	-
Other Unusual Items	-	-	-0.02	-0.02	-
Pretax Income	5.79	1.92	2.46	5.49	7.54
Income Tax Expense	0.06	0.02	0.03	0.03	-
Earnings From Continuing Operations	5.73	1.9	2.44	5.47	7.54
Minority Interest in Earnings	-0.02	-	-	-	-
Net Income	5.71	1.9	2.44	5.47	7.54
Net Income to Common	5.71	1.9	2.44	5.47	7.54
Net Income Growth	201.23%	-22.17%	-55.43%	-27.49%	-
Shares Outstanding (Basic)	398	375	200	200	-
Shares Outstanding (Diluted)	398	375	200	200	-
Shares Change (YoY)	6.14%	87.50%	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.03	-
EPS (Diluted)	0.01	0.01	0.01	0.03	-
EPS Growth	183.81%	-58.49%	-55.43%	-	-
Free Cash Flow	-3.48	-16.5	-12.44	-1.36	1.87
Free Cash Flow Per Share	-0.01	-0.04	-0.06	-0.01	-
Dividend Per Share	0.003	-	-	-	-
Gross Margin	43.33%	38.64%	51.01%	59.16%	50.24%
Operating Margin	37.34%	32.42%	35.29%	50.85%	43.43%
Profit Margin	17.91%	9.11%	20.08%	42.07%	54.13%
Free Cash Flow Margin	-10.92%	-79.27%	-102.50%	-10.48%	13.43%
EBITDA	16.39	10.25	6.97	8.95	9.53
EBITDA Margin	51.38%	49.22%	57.47%	68.84%	68.43%
D&A For EBITDA	4.48	3.5	2.69	2.34	3.48
EBIT	11.91	6.75	4.28	6.61	6.05
EBIT Margin	37.34%	32.42%	35.29%	50.85%	43.43%
Effective Tax Rate	1.07%	1.10%	1.06%	0.51%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.