KWSE:AZNOULA Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	53.04	52.16	48.67	52.64	52.74	50.15
Revenue Growth (YoY)	10.54%	7.17%	-7.56%	-0.19%	5.17%	-2.42%
Selling, General & Admin	2.67	2.69	2.93	2.11	2.24	1.78
Other Operating Expenses	19.92	19.75	18.43	18.43	17.6	15.99
Total Operating Expenses	22.6	22.45	21.36	20.54	19.85	17.77
Operating Income	30.44	29.71	27.31	32.1	32.9	32.38
Interest Expense	-17.31	-17.65	-21.62	-21.99	-18.32	-18.58
Interest Income	3.27	3.27	3.71	2.74	0.17	0.03
Net Interest Expense	-14.04	-14.38	-17.91	-19.25	-18.15	-18.56
Other Non-Operating Income (Expenses)	-0.12	-0.14	-0.09	-0.12	-0.14	-0.14
EBT Excluding Unusual Items	16.29	15.19	9.31	12.73	14.61	13.68
Pretax Income	16.29	15.19	9.31	12.73	14.61	13.68
Income Tax Expense	0.17	0.16	0.1	0.13	0.15	0.14
Net Income	16.12	15.03	9.21	12.6	14.46	13.54
Net Income to Common	16.12	15.03	9.21	12.6	14.46	13.54
Net Income Growth	85.98%	63.16%	-26.89%	-12.90%	6.85%	10.32%
Shares Outstanding (Basic)	1,097	1,100	1,100	1,100	1,100	1,100
Shares Outstanding (Diluted)	1,097	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	87.71%	63.15%	-26.89%	-12.89%	6.85%	10.32%
Free Cash Flow	49.11	44.55	50.58	41.91	50.64	38.85
Free Cash Flow Per Share	0.04	0.04	0.05	0.04	0.05	0.04
Dividend Per Share	-	-	0.006	0.005	0.017	0.014
Dividend Growth	-	-	20.00%	-70.59%	21.43%	-62.16%
Profit Margin	30.39%	28.81%	18.93%	23.93%	27.42%	26.99%
Free Cash Flow Margin	92.59%	85.42%	103.93%	79.62%	96.01%	77.47%
EBITDA	30.49	29.76	27.35	32.14	32.92	32.4
EBITDA Margin	57.49%	57.07%	56.21%	61.06%	62.42%	64.61%
D&A For EBITDA	0.05	0.05	0.05	0.04	0.03	0.03
EBIT	30.44	29.71	27.31	32.1	32.9	32.38
EBIT Margin	57.40%	56.96%	56.11%	60.98%	62.37%	64.56%
Effective Tax Rate	1.04%	1.04%	1.09%	1.04%	0.99%	1.05%

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