KWSE:GIH 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
Operating Revenue	8.95	7.99	8.14	8.6	5.14
Other Revenue	3.59	1.51	2.6	0.4	6.64
Revenue	12.54	9.5	10.74	9	11.79
Revenue Growth (YoY)	32.00%	-11.56%	19.31%	-23.61%	224.75%
Cost of Revenue	6.61	6.27	6.65	7.28	4.47
Gross Profit	5.92	3.22	4.09	1.72	7.31
Selling, General & Admin	3.57	2.5	2.04	1.6	0.93
Other Operating Expenses	-0.05	0.11	0.05	0.03	0.15
Operating Expenses	3.65	2.76	2.09	1.63	1.1
Operating Income	2.27	0.47	2	0.09	6.22
Interest Expense	-0.49	-0.1	-	-	-
Currency Exchange Gain (Loss)	-0.01	-0.01	0	-0.1	-0.01
Other Non Operating Income (Expenses)	-0.03	-0.04	-0.03	-0.02	-0.01
EBT Excluding Unusual Items	1.74	0.31	1.97	-0.04	6.2
Asset Writedown	0.03	-0.43	-0.05	-0.01	-0.01
Other Unusual Items	0.18	4.56	1.01	1.36	-
Pretax Income	1.95	4.44	2.93	1.31	6.18
Income Tax Expense	0.04	0.05	0.02	0.02	0.06
Earnings From Continuing Operations	1.91	4.4	2.9	1.29	6.12
Minority Interest in Earnings	-0.97	-0.3	-0.4	-0.49	-0.12
Net Income	0.94	4.1	2.5	0.79	6
Net Income to Common	0.94	4.1	2.5	0.79	6
Net Income Growth	-77.12%	64.03%	214.37%	-86.76%	-
Shares Outstanding (Basic)	400	401	406	406	406
Shares Outstanding (Diluted)	400	401	406	406	406
Shares Change (YoY)	-0.18%	-1.21%	-0.23%	-	-
EPS (Basic)	0.00	0.01	0.01	0.00	0.01
EPS (Diluted)	0.00	0.01	0.01	0.00	0.01
EPS Growth	-77.08%	66.04%	215.25%	-86.77%	-
Free Cash Flow	-8.15	1.42	2.52	-8.46	2.5
Free Cash Flow Per Share	-0.02	0.00	0.01	-0.02	0.01
Gross Margin	47.25%	33.94%	38.04%	19.11%	62.03%
Operating Margin	18.11%	4.93%	18.59%	0.97%	52.74%
Profit Margin	7.48%	43.14%	23.26%	8.83%	50.94%
Free Cash Flow Margin	-64.96%	14.94%	23.47%	-94.00%	21.24%
EBITDA	3.05	1.01	2.48	0.31	6.34
EBITDA Margin	24.33%	10.66%	23.10%	3.47%	53.82%
D&A For EBITDA	0.78	0.54	0.49	0.23	0.13
EBIT	2.27	0.47	2	0.09	6.22
EBIT Margin	18.11%	4.93%	18.59%	0.97%	52.74%
Effective Tax Rate	2.00%	1.05%	0.82%	1.70%	0.98%

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