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

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