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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1.09	1.05	1.02	0.97	0.86	1.03
Other Revenue	0.45	0.41	0.55	0.5	0.42	-1
Total Revenue	2.4	2.16	2.01	1.85	0.88	1.44
Revenue Growth (YoY	-2.47%	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	0.49	0.52	0.33	0.3	0.27	0.3
Depreciation & Amortization	0.02	0.02	0.02	0.02	0.02	0.01
Other Operating Expenses	0.04	0.03	0.02	0.02	0.01	-
Total Operating Expenses	0.8	0.85	0.53	0.5	0.38	0.53
Operating Income	1.6	1.31	1.48	1.34	0.5	0.91
Interest Expense	-0.41	-0.42	-0.42	-0.25	-0.19	-0.24
Currency Exchange Gain (Loss)	-0.08	0.05	-0.05	-0.09	-0.01	-0.02
Other Non-Operating Income	-0	-0.01	-0	-0	-0	-
EBT Excluding Unusual Items	1.11	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	1.15	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	1.15	0.97	0.94	0.98	0.61	-0.29
Net Income to Company	1.15	0.97	0.94	0.98	0.61	-0.29
Net Income	1.15	0.97	0.94	0.98	0.61	-0.29
Net Income to Common	1.15	0.97	0.94	0.98	0.61	-0.29
Net Income Growth	-9.35%	2.67%	-3.91%	62.08%	-	-
Basic Shares Outstanding	225	230	233	234	216	212
Diluted Shares Outstanding	225	230	233	234	216	212
Shares Change (YoY)	-3.00%	-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	-6.55%	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	66.62%	60.67%	73.61%	72.76%	56.45%	63.01%
Profit Margin	47.81%	44.82%	46.96%	53.09%	68.90%	-20.16%
EBITDA	1.61	1.33	1.5	1.37	0.52	0.92
EBITDA Margin	67.32%	61.66%	74.68%	73.96%	58.88%	63.96%
D&A For Ebitda	0.02	0.02	0.02	0.02	0.02	0.01
EBIT	1.6	1.31	1.48	1.34	0.5	0.91
EBIT Margin	66.62%	60.67%	73.61%	72.76%	56.45%	63.01%
Effective Tax Rate	0.72%	1.09%	0.97%	0.95%	0.72%	-

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