Arzan Financial Group for Financing and Investment - KPSC (KWSE:ARZAN)

KWSE:ARZAN 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	5.83	5.76	5.76	4.86	4.17	3.56
Total Interest Expense	2.02	1.8	1.74	1.04	1.05	1.65
Net Interest Income	3.81	3.96	4.02	3.82	3.12	1.91
Gain (Loss) on Sale of Investments	8.88	9.39	-0.24	5.56	3.15	-2.18
Other Revenue	13.64	8.49	4.89	6.64	6.9	4.39
Revenue Before Loan Losses	26.33	21.84	8.67	16.03	13.17	4.12
Provision for Loan Losses	1.42	1.38	0.4	-0.45	-2.11	1.11
Revenue	24.91	20.46	8.26	16.49	15.29	3.01
Revenue Growth (YoY)	132.88%	147.59%	-49.87%	7.85%	407.70%	-69.52%
Salaries & Employee Benefits	3.66	3.36	2.86	3	3.15	2.84
Cost of Services Provided	1.64	1.45	1.42	1.52	1.31	1.59
Other Operating Expenses	0.57	0.19	-2.83	1.05	1.91	2.62
Total Operating Expenses	6.09	5.23	1.67	5.81	6.64	7.51
Operating Income	18.82	15.23	6.59	10.67	8.65	-4.5
Currency Exchange Gain (Loss)	-0.33	0.83	0.92	-0.26	-1.4	0.04
EBT Excluding Unusual Items	18.45	16	7.5	10.41	7.25	-4.45
Gain (Loss) on Sale of Investments	-	-	-	-	-	-4.57
Pretax Income	18.53	16.09	8.72	10	8.82	-9.16
Income Tax Expense	0.05	0.06	0.04	-	-	-
Earnings From Continuing Ops.	18.48	16.02	8.68	10	8.82	-9.16
Net Income to Company	18.48	16.02	8.68	10	8.82	-9.16
Minority Interest in Earnings	-1.26	-1.93	-1.65	-1.85	-1.39	-0.35
Net Income	17.22	14.1	7.03	8.15	7.43	-9.51
Net Income to Common	17.22	14.1	7.03	8.15	7.43	-9.51
Net Income Growth	144.39%	100.39%	-13.68%	9.70%	-	-
Shares Outstanding (Basic)	897	893	885	880	885	895
Shares Outstanding (Diluted)	899	895	887	882	887	895
Shares Change (YoY)	0.89%	0.91%	0.60%	-0.64%	-0.92%	-0.56%
EPS (Basic)	0.02	0.02	0.01	0.01	0.01	-0.01
EPS (Diluted)	0.02	0.02	0.01	0.01	0.01	-0.01
EPS Growth	144.79%	99.75%	-14.14%	9.65%	-	-
Free Cash Flow	-25.87	-19.63	4.5	2.8	-3.77	-3.18
Free Cash Flow Per Share	-0.03	-0.02	0.01	0.00	-0.00	-0.00
Dividend Per Share	0.003	0.003	0.002	0.004	0.002	-
Dividend Growth	61.11%	61.11%	-51.35%	68.18%	-	-
Operating Margin	75.55%	74.45%	79.78%	64.73%	56.56%	-149.37%
Profit Margin	69.14%	68.89%	85.12%	49.43%	48.60%	-315.90%
Free Cash Flow Margin	-103.87%	-95.92%	54.40%	17.00%	-24.69%	-105.69%
Effective Tax Rate	0.29%	0.39%	0.42%	-	-	-
Revenue as Reported	28.62	25.42	15.89	17.64	14.63	5.81

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.