Boursa Kuwait Securities Company K.P.S.C. (KWSE:BOURSA)

KWSE:BOURSA 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	42.21	32.81	28.48	32.57	28.25	22.21
Revenue	42.21	32.81	28.48	32.57	28.25	22.21
Revenue Growth (YoY)	34.57%	15.20%	-12.56%	15.31%	27.21%	56.35%
Gross Profit	42.21	32.81	28.48	32.57	28.25	22.21
Selling, General & Admin	13.55	13.23	11.74	11.79	11.59	10.47
Other Operating Expenses	0.83	0.6	0.43	0.51	-	0.04
Operating Expenses	15.37	14.71	12.96	13.29	12.65	10.58
Operating Income	26.84	18.1	15.52	19.28	15.6	11.63
Interest Expense	-0.02	-0.02	-0.03	-0.04	-0.04	-0.04
Interest & Investment Income	3.11	3.04	2.9	1.72	1.12	0.69
Earnings From Equity Investments	-	-	-	-	-	1.28
Other Non Operating Income (Expenses)	0.94	0.93	1.44	0.61	1.2	1.1
EBT Excluding Unusual Items	30.87	22.04	19.83	21.58	17.88	14.66
Gain (Loss) on Sale of Investments	-	-	-	-	-0.02	-
Legal Settlements	-	-	-	-	-	0.26
Other Unusual Items	4.96	3.5	2.15	2.62	2.77	13.22
Pretax Income	35.83	25.54	21.98	24.2	20.64	28.15
Income Tax Expense	0.24	0.16	0.11	0.16	0.57	0.14
Earnings From Continuing Operations	35.59	25.38	21.87	24.04	20.06	28
Minority Interest in Earnings	-8.78	-7.2	-6.07	-6.03	-4.17	-2.19
Net Income	26.81	18.18	15.8	18	15.89	25.81
Net Income to Common	26.81	18.18	15.8	18	15.89	25.81
Net Income Growth	52.11%	15.08%	-12.25%	13.29%	-38.43%	169.07%
Shares Outstanding (Basic)	201	201	201	201	201	201
Shares Outstanding (Diluted)	201	201	201	201	201	201
EPS (Basic)	0.13	0.09	0.08	0.09	0.08	0.13
EPS (Diluted)	0.13	0.09	0.08	0.09	0.08	0.13
EPS Growth	52.11%	15.08%	-12.25%	13.30%	-38.43%	169.07%
Free Cash Flow	32.35	23.13	18.03	23.86	16.18	15.95
Free Cash Flow Per Share	0.16	0.12	0.09	0.12	0.08	0.08
Dividend Per Share	0.082	0.082	0.074	0.085	0.065	0.040
Dividend Growth	10.81%	10.81%	-12.94%	30.77%	62.50%	60.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	63.58%	55.16%	54.49%	59.19%	55.23%	52.36%
Profit Margin	63.51%	55.41%	55.47%	55.27%	56.25%	116.22%
Free Cash Flow Margin	76.63%	70.51%	63.32%	73.25%	57.30%	71.85%
EBITDA	27.44	18.54	15.85	19.58	16.05	12.3
EBITDA Margin	65.02%	56.52%	55.65%	60.12%	56.82%	55.37%
D&A For EBITDA	0.61	0.44	0.33	0.3	0.45	0.67
EBIT	26.84	18.1	15.52	19.28	15.6	11.63
EBIT Margin	63.58%	55.16%	54.49%	59.19%	55.23%	52.36%
Effective Tax Rate	0.66%	0.63%	0.50%	0.67%	2.78%	0.51%
Revenue as Reported	47.17	36.31	30.68	35.2	31.21	22.21

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