Aqar Real Estate Investments Company K.S.C. (Public) (KWSE:AQAR)

KWSE:AQAR Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1.11	1.05	1.02	0.97	0.86	1.03
Other Revenue	0.51	0.41	0.55	0.5	0.42	-1
Total Revenue	3.1	2.16	2.01	1.85	0.88	1.44
Revenue Growth (YoY	31.64%	7.58%	8.65%	110.33%	-38.85%	-67.24%
Property Expenses	0.23	0.22	0.18	0.16	0.13	0.13
Selling, General & Administrative	0.59	0.52	0.33	0.3	0.27	0.3
Depreciation & Amortization	0.01	0.02	0.02	0.02	0.02	0.01
Other Operating Expenses	0.06	0.03	0.02	0.02	0.01	-
Total Operating Expenses	0.91	0.85	0.53	0.5	0.38	0.53
Operating Income	2.19	1.31	1.48	1.34	0.5	0.91
Interest Expense	-0.39	-0.42	-0.42	-0.25	-0.19	-0.24
Currency Exchange Gain (Loss)	-0.06	0.05	-0.05	-0.09	-0.01	-0.02
Other Non-Operating Income	-0	-0.01	-0	-0	-0	-
EBT Excluding Unusual Items	1.74	0.94	1.01	1	0.29	0.65
Asset Writedown	0.04	0.04	-0.05	-0.01	0.31	-0.94
Pretax Income	1.78	0.98	0.95	0.99	0.61	-0.29
Income Tax Expense	0.01	0.01	0.01	0.01	0	-
Earnings From Continuing Operations	1.77	0.97	0.94	0.98	0.61	-0.29
Net Income to Company	1.77	0.97	0.94	0.98	0.61	-0.29
Net Income	1.77	0.97	0.94	0.98	0.61	-0.29
Net Income to Common	1.77	0.97	0.94	0.98	0.61	-0.29
Net Income Growth	58.07%	2.67%	-3.91%	62.08%	-	-
Basic Shares Outstanding	224	230	233	234	216	212
Diluted Shares Outstanding	224	230	233	234	216	212
Shares Change (YoY)	-3.52%	-1.42%	-0.46%	8.11%	2.30%	-0.16%
EPS (Basic)	0.01	0.00	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	0.00	-0.00
EPS Growth	63.86%	4.15%	-3.48%	49.96%	-	-
Dividend Per Share	0.003	0.003	0.002	0.002	0.002	-
Dividend Growth	50.00%	50.00%	-	-	-	-
Operating Margin	70.65%	60.67%	73.61%	72.76%	56.45%	63.01%
Profit Margin	57.26%	44.82%	46.96%	53.09%	68.90%	-20.16%
EBITDA	2.2	1.33	1.5	1.37	0.52	0.92
EBITDA Margin	71.07%	61.66%	74.68%	73.96%	58.88%	63.96%
D&A For Ebitda	0.01	0.02	0.02	0.02	0.02	0.01
EBIT	2.19	1.31	1.48	1.34	0.5	0.91
EBIT Margin	70.65%	60.67%	73.61%	72.76%	56.45%	63.01%
Effective Tax Rate	0.45%	1.09%	0.97%	0.95%	0.72%	-

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