KWSE:CLEANING Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	38.88	37.06	34.54	34.9	34.77
Revenue Growth (YoY)	4.92%	7.29%	-1.01%	0.35%	-3.16%
Cost of Revenue	34.33	33.73	31.34	34.59	35.67
Gross Profit	4.56	3.33	3.2	0.3	-0.9
Selling, General & Admin	2.96	2.92	3.23	2.81	2.74
Other Operating Expenses	0.07	0.08	-	-	-
Operating Expenses	3.89	5.51	3.8	3.9	2.86
Operating Income	0.67	-2.17	-0.6	-3.59	-3.76
Interest Expense	-0.47	-0.51	-0.62	-0.65	-0.57
Interest & Investment Income	0.02	0.07	0.05	0.02	0.01
Currency Exchange Gain (Loss)	-0.18	-	-	-	-
Other Non Operating Income (Expenses)	0.29	1.86	0.1	0.41	1.51
EBT Excluding Unusual Items	0.33	-0.74	-1.07	-3.82	-2.8
Impairment of Goodwill	-0.07	-0.09	-	-	-0.05
Gain (Loss) on Sale of Investments	-0	0.05	-0	-	-0.01
Gain (Loss) on Sale of Assets	1.69	1.6	1.45	0.25	0.65
Asset Writedown	0.75	-	-	-	-
Other Unusual Items	-	-	-	0.08	0.04
Pretax Income	2.7	0.83	0.37	-3.49	-2.16
Income Tax Expense	0.03	0.01	-	-	-
Earnings From Continuing Operations	2.67	0.81	0.37	-3.49	-2.16
Minority Interest in Earnings	0.02	0.31	0.08	0.13	-0.01
Net Income	2.69	1.12	0.45	-3.36	-2.18
Net Income to Common	2.69	1.12	0.45	-3.36	-2.18
Net Income Growth	140.77%	146.09%	-	-	-
Shares Outstanding (Basic)	243	231	231	231	231
Shares Outstanding (Diluted)	243	231	231	231	231
Shares Change (YoY)	5.01%	-	-	-	-
EPS (Basic)	0.01	0.00	0.00	-0.01	-0.01
EPS (Diluted)	0.01	0.00	0.00	-0.01	-0.01
EPS Growth	129.29%	146.18%	-	-	-
Free Cash Flow	5.27	2.61	7.87	6.04	-2.79
Free Cash Flow Per Share	0.02	0.01	0.03	0.03	-0.01
Gross Margin	11.72%	9.00%	9.27%	0.87%	-2.58%
Operating Margin	1.73%	-5.86%	-1.74%	-10.30%	-10.81%
Profit Margin	6.93%	3.02%	1.32%	-9.64%	-6.25%
Free Cash Flow Margin	13.54%	7.04%	22.80%	17.31%	-8.03%
EBITDA	5.87	3.92	6.21	3.28	2.77
EBITDA Margin	15.09%	10.57%	17.98%	9.40%	7.97%
D&A For EBITDA	5.2	6.09	6.81	6.88	6.53
EBIT	0.67	-2.17	-0.6	-3.59	-3.76
EBIT Margin	1.73%	-5.86%	-1.74%	-10.30%	-10.81%
Effective Tax Rate	1.08%	1.50%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.