KWSE:ARZAN Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Interest and Dividend Income	6.32	5.76	5.76	4.86	4.17
Total Interest Expense	3.34	1.8	1.74	1.04	1.05
Net Interest Income	2.97	3.96	4.02	3.82	3.12
Gain (Loss) on Sale of Investments	2.7	9.39	-0.24	5.56	3.15
Other Revenue	29.78	8.49	4.89	6.64	6.9
Revenue Before Loan Losses	35.46	21.84	8.67	16.03	13.17
Provision for Loan Losses	0.97	1.38	0.4	-0.45	-2.11
Revenue	34.49	20.46	8.26	16.49	15.29
Revenue Growth (YoY)	68.56%	147.59%	-49.87%	7.85%	407.70%
Salaries & Employee Benefits	4.15	3.36	2.86	3	3.15
Cost of Services Provided	3.83	1.45	1.42	1.52	1.31
Other Operating Expenses	0.96	0.19	-2.83	1.05	1.91
Total Operating Expenses	9.18	5.23	1.67	5.81	6.64
Operating Income	25.31	15.23	6.59	10.67	8.65
Currency Exchange Gain (Loss)	-0.19	0.83	0.92	-0.26	-1.4
EBT Excluding Unusual Items	25.1	16	7.5	10.41	7.25
Pretax Income	25.1	16.09	8.72	10	8.82
Income Tax Expense	0.33	0.06	0.04	-	-
Earnings From Continuing Ops.	24.76	16.02	8.68	10	8.82
Net Income to Company	24.76	16.02	8.68	10	8.82
Minority Interest in Earnings	-1.52	-1.93	-1.65	-1.85	-1.39
Net Income	23.24	14.1	7.03	8.15	7.43
Net Income to Common	23.24	14.1	7.03	8.15	7.43
Net Income Growth	64.87%	100.39%	-13.68%	9.70%	-
Shares Outstanding (Basic)	906	893	885	880	885
Shares Outstanding (Diluted)	908	895	887	882	887
Shares Change (YoY)	1.41%	0.91%	0.60%	-0.64%	-0.92%
EPS (Basic)	0.03	0.02	0.01	0.01	0.01
EPS (Diluted)	0.03	0.02	0.01	0.01	0.01
EPS Growth	62.31%	99.75%	-14.14%	9.65%	-
Free Cash Flow	-8.37	-19.63	4.5	2.8	-3.77
Free Cash Flow Per Share	-0.01	-0.02	0.01	0.00	-0.00
Dividend Per Share	-	0.003	0.002	0.004	0.002
Dividend Growth	-	61.11%	-51.35%	68.18%	-
Operating Margin	73.40%	74.45%	79.78%	64.73%	56.56%
Profit Margin	67.39%	68.89%	85.12%	49.43%	48.60%
Free Cash Flow Margin	-24.27%	-95.92%	54.40%	17.00%	-24.69%
Effective Tax Rate	1.33%	0.39%	0.42%	-	-
Revenue as Reported	38.62	25.42	15.89	17.64	14.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.