KWSE:ALG Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	275.98	297.06	265.02	264.53	188.06	168.98
Revenue Growth (YoY)	-0.94%	12.09%	0.18%	40.66%	11.29%	38.61%
Cost of Revenue	210.89	227.33	200.06	198.67	144.43	133.34
Gross Profit	65.09	69.73	64.96	65.87	43.63	35.64
Selling, General & Admin	31.87	32.69	29.77	32.75	22.82	21.12
Other Operating Expenses	-0.94	-1.15	-0.99	-0.9	-	-
Operating Expenses	30.93	31.54	28.77	31.85	22.82	21.12
Operating Income	34.16	38.19	36.18	34.02	20.81	14.52
Interest Expense	-3.9	-4.04	-3.18	-2.01	-1.14	-1.21
Earnings From Equity Investments	2.8	3.48	3.65	3.51	-0.68	-0.12
Other Non Operating Income (Expenses)	-	-	-	-	2.86	2.99
EBT Excluding Unusual Items	33.06	37.63	36.65	35.51	21.84	16.18
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.02
Asset Writedown	-	-	-	-	-0.08	-
Pretax Income	33.06	37.63	36.65	35.51	21.76	16.19
Income Tax Expense	0.97	1.36	2.16	2.27	1.01	0.17
Earnings From Continuing Operations	32.09	36.27	34.49	33.24	20.75	16.02
Earnings From Discontinued Operations	-	-	-	-	-1.49	-1.43
Net Income to Company	32.09	36.27	34.49	33.24	19.26	14.59
Minority Interest in Earnings	-3.66	-5.13	-5.23	-4.76	-0.55	0.08
Net Income	28.43	31.14	29.26	28.48	18.7	14.68
Net Income to Common	28.43	31.14	29.26	28.48	18.7	14.68
Net Income Growth	-6.64%	6.42%	2.73%	52.27%	27.46%	105.01%
Shares Outstanding (Basic)	394	393	392	392	395	397
Shares Outstanding (Diluted)	394	393	392	392	395	397
Shares Change (YoY)	0.56%	0.43%	-0.04%	-0.79%	-0.46%	56.34%
EPS (Basic)	0.07	0.08	0.07	0.07	0.05	0.04
EPS (Diluted)	0.07	0.08	0.07	0.07	0.05	0.04
EPS Growth	-7.17%	5.97%	2.77%	53.48%	28.04%	31.13%
Free Cash Flow	39.72	31.39	18.52	16.85	28.97	25.84
Free Cash Flow Per Share	0.10	0.08	0.05	0.04	0.07	0.07
Dividend Per Share	0.049	0.049	0.049	0.049	0.040	0.011
Dividend Growth	-0.20%	-0.20%	-0.20%	21.29%	260.71%	-18.84%
Gross Margin	23.59%	23.47%	24.51%	24.90%	23.20%	21.09%
Operating Margin	12.38%	12.86%	13.65%	12.86%	11.06%	8.59%
Profit Margin	10.30%	10.48%	11.04%	10.77%	9.95%	8.69%
Free Cash Flow Margin	14.39%	10.57%	6.99%	6.37%	15.41%	15.29%
EBITDA	40.32	44.01	40.19	39.58	25.92	20.09
EBITDA Margin	14.61%	14.81%	15.17%	14.96%	13.78%	11.89%
D&A For EBITDA	6.16	5.82	4.01	5.56	5.11	5.58
EBIT	34.16	38.19	36.18	34.02	20.81	14.52
EBIT Margin	12.38%	12.86%	13.65%	12.86%	11.06%	8.59%
Effective Tax Rate	2.94%	3.63%	5.89%	6.39%	4.64%	1.06%
Revenue as Reported	275.98	297.06	265.02	264.53	188.06	168.98

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