Shamal Az-Zour Al-Oula Power and Water Company KSC (Public) (KWSE:AZNOULA)

KWSE:AZNOULA 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
Revenue	49.88	48.67	52.64	52.74	50.15	51.39
Revenue Growth (YoY)	-2.37%	-7.56%	-0.19%	5.17%	-2.42%	0.63%
Selling, General & Admin	2.73	2.93	2.11	2.24	1.78	1.42
Other Operating Expenses	18.9	18.43	18.43	17.6	15.99	16.33
Total Operating Expenses	21.64	21.36	20.54	19.85	17.77	17.75
Operating Income	28.24	27.31	32.1	32.9	32.38	33.64
Interest Expense	-19.46	-21.62	-21.99	-18.32	-18.58	-21.55
Interest Income	4.27	3.71	2.74	0.17	0.03	0.42
Net Interest Expense	-15.19	-17.91	-19.25	-18.15	-18.56	-21.13
Other Non-Operating Income (Expenses)	-0.12	-0.09	-0.12	-0.14	-0.14	-0.11
EBT Excluding Unusual Items	12.93	9.31	12.73	14.61	13.68	12.4
Pretax Income	12.93	9.31	12.73	14.61	13.68	12.4
Income Tax Expense	0.13	0.1	0.13	0.15	0.14	0.13
Net Income	12.8	9.21	12.6	14.46	13.54	12.27
Net Income to Common	12.8	9.21	12.6	14.46	13.54	12.27
Net Income Growth	19.72%	-26.89%	-12.90%	6.85%	10.32%	-0.25%
Shares Outstanding (Basic)	1,100	1,100	1,100	1,100	1,100	1,100
Shares Outstanding (Diluted)	1,100	1,100	1,100	1,100	1,100	1,100
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	19.72%	-26.89%	-12.89%	6.85%	10.32%	-0.25%
Free Cash Flow	48.64	50.58	41.91	50.64	38.85	46.52
Free Cash Flow Per Share	0.04	0.05	0.04	0.05	0.04	0.04
Dividend Per Share	0.006	0.006	0.005	0.017	0.014	0.037
Dividend Growth	20.00%	20.00%	-70.59%	21.43%	-62.16%	-
Profit Margin	25.65%	18.93%	23.93%	27.42%	26.99%	23.88%
Free Cash Flow Margin	97.53%	103.93%	79.62%	96.01%	77.47%	90.52%
EBITDA	28.29	27.35	32.14	32.92	32.4	33.69
EBITDA Margin	56.73%	56.21%	61.06%	62.42%	64.61%	65.55%
D&A For EBITDA	0.05	0.05	0.04	0.03	0.03	0.05
EBIT	28.24	27.31	32.1	32.9	32.38	33.64
EBIT Margin	56.62%	56.11%	60.98%	62.37%	64.56%	65.45%
Effective Tax Rate	1.04%	1.09%	1.04%	0.99%	1.05%	1.02%

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