KWSE:AQAR 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	1.15	1.13	1.05	1.02	0.97	0.86
Other Revenue	0.82	0.8	0.41	0.55	0.5	0.42
Total Revenue	3.02	3.5	2.16	2.01	1.85	0.88
Revenue Growth (YoY	56.33%	62.15%	7.58%	8.65%	110.33%	-38.85%
Property Expenses	0.19	0.2	0.22	0.18	0.16	0.13
Selling, General & Administrative	0.48	0.48	0.52	0.33	0.3	0.27
Depreciation & Amortization	0	0.01	0.02	0.02	0.02	0.02
Other Operating Expenses	0.04	0.05	0.03	0.02	0.02	0.01
Total Operating Expenses	0.73	0.76	0.85	0.53	0.5	0.38
Operating Income	2.29	2.74	1.31	1.48	1.34	0.5
Interest Expense	-0.36	-0.38	-0.42	-0.42	-0.25	-0.19
Currency Exchange Gain (Loss)	-0.04	-0.09	0.05	-0.05	-0.09	-0.01
Other Non-Operating Income	0	-	-0.01	-0	-0	-0
EBT Excluding Unusual Items	1.89	2.28	0.94	1.01	1	0.29
Gain (Loss) on Sale of Investments	-0.1	-0.1	-	-	-	-
Asset Writedown	-0.42	-0.42	0.04	-0.05	-0.01	0.31
Pretax Income	1.37	1.76	0.98	0.95	0.99	0.61
Income Tax Expense	-0	0.01	0.01	0.01	0.01	0
Earnings From Continuing Operations	1.37	1.75	0.97	0.94	0.98	0.61
Net Income to Company	1.37	1.75	0.97	0.94	0.98	0.61
Net Income	1.37	1.75	0.97	0.94	0.98	0.61
Net Income to Common	1.37	1.75	0.97	0.94	0.98	0.61
Net Income Growth	74.66%	80.84%	2.67%	-3.91%	62.08%	-
Basic Shares Outstanding	211	224	230	233	234	216
Diluted Shares Outstanding	211	224	230	233	234	216
Shares Change (YoY)	-7.29%	-2.44%	-1.42%	-0.46%	8.11%	2.30%
EPS (Basic)	0.01	0.01	0.00	0.00	0.00	0.00
EPS (Diluted)	0.01	0.01	0.00	0.00	0.00	0.00
EPS Growth	88.41%	85.36%	4.15%	-3.48%	49.96%	-
Dividend Per Share	0.003	0.003	0.003	0.002	0.002	0.002
Dividend Growth	-	-	50.00%	-	-	-
Operating Margin	75.89%	78.36%	60.67%	73.61%	72.76%	56.45%
Profit Margin	45.53%	49.98%	44.82%	46.96%	53.09%	68.90%
EBITDA	2.29	2.75	1.33	1.5	1.37	0.52
EBITDA Margin	76.06%	78.61%	61.66%	74.68%	73.96%	58.88%
D&A For Ebitda	0	0.01	0.02	0.02	0.02	0.02
EBIT	2.29	2.74	1.31	1.48	1.34	0.5
EBIT Margin	75.89%	78.36%	60.67%	73.61%	72.76%	56.45%
Effective Tax Rate	-	0.35%	1.09%	0.97%	0.95%	0.72%