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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	47.98	48.67	52.64	52.74	50.15	51.39
Revenue Growth (YoY)	-9.74%	-7.56%	-0.19%	5.17%	-2.42%	0.63%
Selling, General & Admin	3.14	2.93	2.11	2.24	1.78	1.42
Other Operating Expenses	18.58	18.43	18.43	17.6	15.99	16.33
Total Operating Expenses	21.71	21.36	20.54	19.85	17.77	17.75
Operating Income	26.27	27.31	32.1	32.9	32.38	33.64
Interest Expense	-20.49	-21.62	-21.99	-18.32	-18.58	-21.55
Interest Income	3.07	3.71	2.74	0.17	0.03	0.42
Net Interest Expense	-17.42	-17.91	-19.25	-18.15	-18.56	-21.13
Other Non-Operating Income (Expenses)	-0.08	-0.09	-0.12	-0.14	-0.14	-0.11
EBT Excluding Unusual Items	8.76	9.31	12.73	14.61	13.68	12.4
Pretax Income	8.76	9.31	12.73	14.61	13.68	12.4
Income Tax Expense	0.1	0.1	0.13	0.15	0.14	0.13
Net Income	8.67	9.21	12.6	14.46	13.54	12.27
Net Income to Common	8.67	9.21	12.6	14.46	13.54	12.27
Net Income Growth	-32.83%	-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	-32.83%	-26.89%	-12.89%	6.85%	10.32%	-0.25%
Free Cash Flow	48.8	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%	-70.59%	21.43%	-62.16%	-
Profit Margin	18.06%	18.93%	23.93%	27.42%	26.99%	23.88%
Free Cash Flow Margin	101.72%	103.93%	79.62%	96.01%	77.47%	90.52%
EBITDA	26.32	27.35	32.14	32.92	32.4	33.69
EBITDA Margin	54.85%	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	26.27	27.31	32.1	32.9	32.38	33.64
EBIT Margin	54.74%	56.11%	60.98%	62.37%	64.56%	65.45%
Effective Tax Rate	1.10%	1.09%	1.04%	0.99%	1.05%	1.02%

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