KWSE:ALSAFAT 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
Operating Revenue	3.42	2.89	2.77	3.1	3.45
Other Revenue	1.59	0.76	-0.83	0.31	1.86
Revenue	5.01	3.65	1.95	3.41	5.3
Revenue Growth (YoY)	37.26%	87.60%	-42.91%	-35.76%	125.35%
Cost of Revenue	2.13	2	2	2.33	2.49
Gross Profit	2.88	1.65	-0.05	1.08	2.81
Selling, General & Admin	2.42	2.49	2.97	2.07	2.52
Other Operating Expenses	-1.55	-1.6	-1.27	-1.16	-1.37
Operating Expenses	1.08	1.2	1.83	0.99	1.08
Operating Income	1.8	0.45	-1.88	0.09	1.73
Interest Expense	-0.26	-0.31	-0.29	-0.19	-0.24
Currency Exchange Gain (Loss)	-0.7	-0.29	-0.2	-1.01	-0.02
Other Non Operating Income (Expenses)	5.24	0.09	0.65	2.65	-0.01
EBT Excluding Unusual Items	6.08	-0.06	-1.72	1.55	1.46
Gain (Loss) on Sale of Assets	-0.01	-	-	-0.01	-
Asset Writedown	-0.45	0.12	-4.7	-1.32	0.07
Other Unusual Items	-	-	5.69	-	-
Pretax Income	5.62	0.07	-0.73	0.21	1.53
Income Tax Expense	0.06	-	0.01	-	0.01
Earnings From Continuing Operations	5.56	0.07	-0.74	0.21	1.52
Earnings From Discontinued Operations	-	0.42	-0.76	-0.24	-0.22
Net Income to Company	5.56	0.48	-1.49	-0.03	1.3
Minority Interest in Earnings	0.04	-0.27	2.53	0.22	0.14
Net Income	5.6	0.22	1.04	0.19	1.44
Net Income to Common	5.6	0.22	1.04	0.19	1.44
Net Income Growth	2474.53%	-79.06%	459.82%	-87.06%	-80.13%
Shares Outstanding (Basic)	279	272	243	234	234
Shares Outstanding (Diluted)	279	272	243	234	234
Shares Change (YoY)	2.57%	12.14%	3.84%	-	-0.00%
EPS (Basic)	0.02	0.00	0.00	0.00	0.01
EPS (Diluted)	0.02	0.00	0.00	0.00	0.01
EPS Growth	2410.14%	-81.33%	439.72%	-87.08%	-80.14%
Free Cash Flow	5.39	-1.14	-2.06	-1.24	0.2
Free Cash Flow Per Share	0.02	-0.00	-0.01	-0.01	0.00
Gross Margin	57.49%	45.24%	-2.74%	31.71%	53.02%
Operating Margin	35.91%	12.31%	-96.63%	2.69%	32.57%
Profit Margin	111.87%	5.96%	53.44%	5.45%	27.07%
Free Cash Flow Margin	107.67%	-31.18%	-105.87%	-36.28%	3.72%
EBITDA	2.05	0.76	-1.43	0.37	2.08
EBITDA Margin	40.86%	20.80%	-73.56%	10.72%	39.17%
D&A For EBITDA	0.25	0.31	0.45	0.27	0.35
EBIT	1.8	0.45	-1.88	0.09	1.73
EBIT Margin	35.91%	12.31%	-96.63%	2.69%	32.57%
Effective Tax Rate	1.04%	-	-	-	0.54%

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