KWSE:ALTIJARIA Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	27.41	26.91	26.62	26.16	23.61	20.52
Gain (Loss) on Sale of Investments (Rev)	-	-	-	-	-	0.16
Other Revenue	9.2	9.64	6.7	1.24	19.02	-0.77
Total Revenue	35.95	36.55	33.32	27.4	42.62	19.91
Revenue Growth (YoY	-6.34%	9.70%	21.63%	-35.72%	114.10%	-46.74%
Property Expenses	10.52	9.99	8.52	7.9	8.55	7.15
Selling, General & Administrative	0.24	0.13	0.13	0.1	0.13	0.9
Other Operating Expenses	2.95	2.8	3.13	2.23	2.8	2.56
Total Operating Expenses	13.69	12.92	11.77	10.24	11.48	10.6
Operating Income	22.26	23.63	21.55	17.16	31.15	9.3
Interest Expense	-11.72	-12.49	-11.26	-6.66	-5.5	-6.43
Other Non-Operating Income	-1.45	-1.45	-2.37	-1.57	-2.36	-
EBT Excluding Unusual Items	9.1	9.69	7.91	8.93	23.28	2.88
Gain (Loss) on Sale of Investments	8.37	8.37	10.11	8.04	-1.74	-
Asset Writedown	-0.52	-0.52	-1.81	-3.5	-4.25	-0.64
Total Legal Settlements	-	-	-	-	-4.43	-
Pretax Income	16.95	17.54	16.21	13.46	12.86	2.24
Income Tax Expense	0.09	0.1	0.08	0.07	0.13	-
Earnings From Continuing Operations	16.86	17.44	16.13	13.39	12.73	2.24
Minority Interest in Earnings	-1.9	-1.85	-1.71	-0.91	-0.19	-1.23
Net Income	14.96	15.59	14.42	12.48	12.54	1.01
Net Income to Common	14.96	15.59	14.42	12.48	12.54	1.01
Net Income Growth	-20.00%	8.11%	15.58%	-0.46%	1147.02%	-93.11%
Basic Shares Outstanding	1,816	1,833	1,828	1,866	1,878	1,934
Diluted Shares Outstanding	1,816	1,833	1,828	1,866	1,878	1,934
Shares Change (YoY)	-0.81%	0.25%	-2.01%	-0.67%	-2.89%	-1.16%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.00
EPS Growth	-19.35%	7.85%	17.96%	0.21%	1185.93%	-93.03%
Dividend Per Share	0.003	0.003	0.004	0.003	0.005	0.003
Dividend Growth	-25.64%	-25.64%	39.29%	-40.43%	74.07%	-40.00%
Operating Margin	61.92%	64.66%	64.67%	62.64%	73.07%	46.73%
Profit Margin	41.60%	42.66%	43.29%	45.55%	29.42%	5.05%
EBITDA	23.44	24.86	22.75	18.34	32.21	11.07
EBITDA Margin	65.21%	68.01%	68.28%	66.96%	75.57%	55.60%
D&A For Ebitda	1.18	1.22	1.2	1.18	1.06	1.76
EBIT	22.26	23.63	21.55	17.16	31.15	9.3
EBIT Margin	61.92%	64.66%	64.67%	62.64%	73.07%	46.73%
Effective Tax Rate	0.53%	0.57%	0.50%	0.54%	1.01%	-
Revenue as Reported	30.03	31.32	30.6	29.63	43.25	-

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