KWSE:ALTIJARIA 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
Rental Revenue	27.32	27.34	26.91	26.62	26.16	23.61
Other Revenue	10.99	10.01	9.64	6.7	1.24	19.02
Total Revenue	38.47	37.35	36.55	33.32	27.4	42.62
Revenue Growth (YoY	7.89%	2.18%	9.70%	21.63%	-35.72%	114.10%
Property Expenses	10.44	10.32	9.99	8.52	7.9	8.55
Selling, General & Administrative	0.22	0.13	0.13	0.13	0.1	0.13
Other Operating Expenses	3.52	3.56	2.8	3.13	2.23	2.8
Total Operating Expenses	14.04	14	12.92	11.77	10.24	11.48
Operating Income	24.44	23.35	23.63	21.55	17.16	31.15
Interest Expense	-11.63	-11.73	-12.49	-11.26	-6.66	-5.5
Other Non-Operating Income	-1.48	-1.49	-1.45	-2.37	-1.57	-2.36
EBT Excluding Unusual Items	11.32	10.13	9.69	7.91	8.93	23.28
Gain (Loss) on Sale of Investments	5.39	5.39	8.37	10.11	8.04	-1.74
Asset Writedown	2.71	2.71	-0.52	-1.81	-3.5	-4.25
Total Legal Settlements	-	-	-	-	-	-4.43
Pretax Income	19.43	18.23	17.54	16.21	13.46	12.86
Income Tax Expense	0.07	0.08	0.1	0.08	0.07	0.13
Earnings From Continuing Operations	19.36	18.15	17.44	16.13	13.39	12.73
Minority Interest in Earnings	-2.05	-1.83	-1.85	-1.71	-0.91	-0.19
Net Income	17.31	16.31	15.59	14.42	12.48	12.54
Net Income to Common	17.31	16.31	15.59	14.42	12.48	12.54
Net Income Growth	15.72%	4.62%	8.11%	15.58%	-0.46%	1147.02%
Basic Shares Outstanding	1,813	1,811	1,835	1,828	1,866	1,878
Diluted Shares Outstanding	1,813	1,811	1,835	1,828	1,866	1,878
Shares Change (YoY)	-1.60%	-1.29%	0.35%	-2.01%	-0.67%	-2.89%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	17.61%	5.99%	7.75%	17.96%	0.21%	1185.93%
Dividend Per Share	0.003	0.003	0.003	0.004	0.003	0.005
Dividend Growth	3.45%	3.45%	-25.64%	39.29%	-40.43%	74.07%
Operating Margin	63.52%	62.51%	64.66%	64.67%	62.64%	73.07%
Profit Margin	44.98%	43.68%	42.66%	43.29%	45.55%	29.42%
EBITDA	25.75	24.61	24.86	22.75	18.34	32.21
EBITDA Margin	66.94%	65.89%	68.01%	68.28%	66.96%	75.57%
D&A For Ebitda	1.32	1.26	1.22	1.2	1.18	1.06
EBIT	24.44	23.35	23.63	21.55	17.16	31.15
EBIT Margin	63.51%	62.51%	64.66%	64.67%	62.64%	73.07%
Effective Tax Rate	0.36%	0.46%	0.57%	0.50%	0.54%	1.01%
Revenue as Reported	31.9	31.9	31.32	30.6	29.63	43.25

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