Gulf Franchising Holding Company - K.S.C. (Public) (KWSE:GFC)

KWSE:GFC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3.84	2.75	2.74	3.09	3.24
Revenue Growth (YoY)	39.62%	0.33%	-11.25%	-4.77%	23.71%
Cost of Revenue	1.21	0.96	1	1.16	1.21
Gross Profit	2.64	1.79	1.75	1.93	2.03
Selling, General & Admin	1.26	0.87	0.98	1.14	1.29
Amortization of Goodwill & Intangibles	0.16	0.13	0.13	0.13	0.14
Other Operating Expenses	0.57	0.31	0.26	0.24	0.2
Operating Expenses	1.4	1.85	2.09	2.9	2.22
Operating Income	1.23	-0.06	-0.35	-0.97	-0.19
Interest Expense	-0.34	-0.32	-0.3	-0.24	-0.21
Other Non Operating Income (Expenses)	0.02	0.07	0.01	0.03	0.06
EBT Excluding Unusual Items	0.91	-0.3	-0.64	-1.18	-0.34
Impairment of Goodwill	-0.42	-0.05	-0.15	-0.09	-
Asset Writedown	-0.22	0.1	0.09	1.4	0.05
Other Unusual Items	2.58	-	-	-	-
Pretax Income	2.85	-0.25	-0.7	0.12	-0.29
Income Tax Expense	0.02	-	-	-	-
Earnings From Continuing Operations	2.84	-0.25	-0.7	0.12	-0.29
Net Income	2.84	-0.25	-0.7	0.12	-0.29
Net Income to Common	2.84	-0.25	-0.7	0.12	-0.29
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	0.07	-0.01	-0.02	0.00	-0.01
EPS (Diluted)	0.07	-0.01	-0.02	0.00	-0.01
Free Cash Flow	2.02	0.7	0.72	0.53	0.4
Free Cash Flow Per Share	0.05	0.02	0.02	0.01	0.01
Gross Margin	68.60%	65.07%	63.67%	62.34%	62.57%
Operating Margin	32.03%	-2.13%	-12.70%	-31.47%	-5.74%
Profit Margin	73.82%	-9.12%	-25.55%	4.04%	-9.02%
Free Cash Flow Margin	52.56%	25.56%	26.13%	17.07%	12.29%
EBITDA	1.54	0.49	0.28	-0.3	0.54
EBITDA Margin	40.02%	17.80%	10.05%	-9.63%	16.52%
D&A For EBITDA	0.31	0.55	0.62	0.67	0.72
EBIT	1.23	-0.06	-0.35	-0.97	-0.19
EBIT Margin	32.03%	-2.13%	-12.70%	-31.47%	-5.74%
Effective Tax Rate	0.61%	-	-	-	-

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