Gulf Cables and Electrical Industries Group Company - KPSC (KWSE:CABLE)

KWSE:CABLE 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
Revenue	97.78	105.27	102.22	102.5	68.49	76.15
Revenue Growth (YoY)	-6.83%	2.98%	-0.27%	49.65%	-10.06%	12.45%
Cost of Revenue	86.05	89.57	89.09	89.56	54.96	67.25
Gross Profit	11.73	15.69	13.12	12.94	13.53	8.9
Selling, General & Admin	9.32	9	9.03	7.49	7.18	5.59
Operating Expenses	9.14	11.32	10	7.81	8.99	5.95
Operating Income	2.6	4.37	3.12	5.13	4.55	2.95
Interest Expense	-1.61	-1.51	-1.89	-1.99	-0.35	-0.4
Interest & Investment Income	7.82	11.98	17.45	6.85	1.65	3.2
Earnings From Equity Investments	9.01	6.01	3.21	3.76	0.41	0.04
Currency Exchange Gain (Loss)	0.31	0.51	0.47	0.45	0.2	0.34
Other Non Operating Income (Expenses)	0.12	0.12	-0.2	-0.06	-0.06	-
EBT Excluding Unusual Items	18.23	21.48	22.16	14.13	6.41	6.13
Gain (Loss) on Sale of Investments	5.55	0.16	-0.31	0	-0.02	-0
Other Unusual Items	-	-	-	-	10.83	-
Pretax Income	23.79	21.64	21.85	14.14	17.22	6.13
Income Tax Expense	0.92	0.85	0.83	1.18	1.1	0.57
Earnings From Continuing Operations	22.87	20.79	21.02	12.96	16.12	5.56
Minority Interest in Earnings	-0.04	-0.02	0.02	-0.01	-0.07	0.01
Net Income	22.83	20.76	21.04	12.95	16.06	5.57
Net Income to Common	22.83	20.76	21.04	12.95	16.06	5.57
Net Income Growth	16.79%	-1.32%	62.49%	-19.36%	188.22%	31.61%
Shares Outstanding (Basic)	208	208	208	209	209	209
Shares Outstanding (Diluted)	208	208	208	209	209	209
Shares Change (YoY)	-0.16%	0.07%	-0.22%	-0.25%	-0.10%	-0.33%
EPS (Basic)	0.11	0.10	0.10	0.06	0.08	0.03
EPS (Diluted)	0.11	0.10	0.10	0.06	0.08	0.03
EPS Growth	16.98%	-1.38%	62.84%	-19.16%	188.51%	32.05%
Free Cash Flow	9.45	10.91	3.61	3.18	12.31	-15.26
Free Cash Flow Per Share	0.04	0.05	0.02	0.01	0.06	-0.07
Dividend Per Share	0.070	0.070	0.065	0.060	0.060	0.050
Dividend Growth	7.69%	7.69%	8.33%	-	20.00%	25.00%
Gross Margin	12.00%	14.91%	12.84%	12.62%	19.76%	11.69%
Operating Margin	2.66%	4.15%	3.06%	5.00%	6.64%	3.87%
Profit Margin	23.35%	19.72%	20.58%	12.63%	23.44%	7.32%
Free Cash Flow Margin	9.66%	10.37%	3.53%	3.10%	17.97%	-20.05%
EBITDA	4.53	6.2	4.97	6.75	6.04	4.04
EBITDA Margin	4.64%	5.89%	4.86%	6.59%	8.82%	5.31%
D&A For EBITDA	1.94	1.83	1.84	1.63	1.5	1.09
EBIT	2.6	4.37	3.12	5.13	4.55	2.95
EBIT Margin	2.66%	4.15%	3.06%	5.00%	6.64%	3.87%
Effective Tax Rate	3.87%	3.95%	3.81%	8.32%	6.39%	9.26%

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