KWSE:ATC Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	162.51	179.2	168.59	165.5	142.26	142.89
Revenue Growth (YoY)	-14.05%	6.29%	1.87%	16.33%	-0.43%	0.58%
Cost of Revenue	126.57	134.82	127.73	122.77	95.32	101.24
Gross Profit	35.94	44.38	40.86	42.73	46.94	41.65
Selling, General & Admin	23.22	24.26	19.74	22.24	28.68	23.72
Other Operating Expenses	-0.06	0.09	0.06	0.32	0.47	0.31
Operating Expenses	33.06	34.36	28.04	29.19	36.54	29.84
Operating Income	2.87	10.01	12.82	13.54	10.4	11.8
Interest Expense	-11.6	-11.91	-10.8	-6.87	-5.65	-5.82
Interest & Investment Income	0.2	0.2	0.34	1.21	0.72	-
Earnings From Equity Investments	0.01	0.01	-0.01	-0.71	-0.01	-1.33
Other Non Operating Income (Expenses)	0.7	0.29	0.3	-0.03	0.03	1.04
EBT Excluding Unusual Items	-7.83	-1.39	2.66	7.14	5.49	5.69
Gain (Loss) on Sale of Investments	-	-	0.87	-	-	-
Asset Writedown	-0.73	-0.73	-	-0	-	-1.6
Pretax Income	-8.55	-2.12	3.53	7.14	5.49	4.09
Income Tax Expense	-0.02	0.04	0.02	0.13	0.19	0.12
Earnings From Continuing Operations	-8.53	-2.16	3.51	7.01	5.3	3.97
Minority Interest in Earnings	3.15	2.86	1.52	-	-	-
Net Income	-5.38	0.7	5.03	7.01	5.3	3.97
Net Income to Common	-5.38	0.7	5.03	7.01	5.3	3.97
Net Income Growth	-	-86.00%	-28.29%	32.32%	33.57%	115.36%
Shares Outstanding (Basic)	180	180	180	180	180	180
Shares Outstanding (Diluted)	180	180	180	180	180	180
EPS (Basic)	-0.03	0.00	0.03	0.04	0.03	0.02
EPS (Diluted)	-0.03	0.00	0.03	0.04	0.03	0.02
EPS Growth	-	-86.00%	-28.29%	32.32%	33.57%	115.36%
Free Cash Flow	16.71	0.85	28.02	37.03	2.57	-9.16
Free Cash Flow Per Share	0.09	0.01	0.16	0.21	0.01	-0.05
Dividend Per Share	0.017	0.017	0.017	0.017	0.013	0.013
Dividend Growth	-	-	-	33.60%	-	50.60%
Gross Margin	22.11%	24.76%	24.24%	25.82%	33.00%	29.15%
Operating Margin	1.77%	5.59%	7.61%	8.18%	7.31%	8.26%
Profit Margin	-3.31%	0.39%	2.98%	4.24%	3.73%	2.78%
Free Cash Flow Margin	10.28%	0.47%	16.62%	22.37%	1.81%	-6.41%
EBITDA	9.86	17	18.1	17.73	15.25	17.19
EBITDA Margin	6.06%	9.49%	10.73%	10.71%	10.72%	12.03%
D&A For EBITDA	6.98	6.98	5.27	4.19	4.85	5.39
EBIT	2.87	10.01	12.82	13.54	10.4	11.8
EBIT Margin	1.77%	5.59%	7.61%	8.18%	7.31%	8.26%
Effective Tax Rate	-	-	0.66%	1.80%	3.41%	3.02%
Advertising Expenses	-	3.43	2.94	1.64	1.61	1.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.