KWSE:GIH Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	9.19	7.99	8.14	8.6	5.14	3.72
Other Revenue	3.16	1.51	2.6	0.4	6.64	-0.09
Revenue	12.35	9.5	10.74	9	11.79	3.63
Revenue Growth (YoY)	8.28%	-11.56%	19.31%	-23.61%	224.75%	169.12%
Cost of Revenue	6.99	6.27	6.65	7.28	4.47	2.91
Gross Profit	5.35	3.22	4.09	1.72	7.31	0.72
Selling, General & Admin	3.45	2.5	2.04	1.6	0.93	0.67
Other Operating Expenses	0.07	0.11	0.05	0.03	0.15	-
Operating Expenses	3.67	2.76	2.09	1.63	1.1	0.67
Operating Income	1.69	0.47	2	0.09	6.22	0.04
Interest Expense	-0.39	-0.1	-	-	-	-
Currency Exchange Gain (Loss)	-0.01	-0.01	0	-0.1	-0.01	0
Other Non Operating Income (Expenses)	-0.04	-0.04	-0.03	-0.02	-0.01	-0.01
EBT Excluding Unusual Items	1.24	0.31	1.97	-0.04	6.2	0.04
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.21
Asset Writedown	-0.43	-0.43	-0.05	-0.01	-0.01	-0.05
Other Unusual Items	4.02	4.56	1.01	1.36	-	-
Pretax Income	4.83	4.44	2.93	1.31	6.18	0.2
Income Tax Expense	0.05	0.05	0.02	0.02	0.06	0.01
Earnings From Continuing Operations	4.78	4.4	2.9	1.29	6.12	0.19
Minority Interest in Earnings	-1.11	-0.3	-0.4	-0.49	-0.12	-0.4
Net Income	3.67	4.1	2.5	0.79	6	-0.21
Net Income to Common	3.67	4.1	2.5	0.79	6	-0.21
Net Income Growth	15.06%	64.03%	214.37%	-86.76%	-	-
Shares Outstanding (Basic)	398	401	406	406	406	406
Shares Outstanding (Diluted)	398	401	406	406	406	406
Shares Change (YoY)	-0.88%	-1.21%	-0.23%	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.00	0.01	-0.00
EPS (Diluted)	0.01	0.01	0.01	0.00	0.01	-0.00
EPS Growth	16.09%	66.04%	215.25%	-86.77%	-	-
Free Cash Flow	1.26	1.42	2.52	-8.46	2.5	-3.48
Free Cash Flow Per Share	0.00	0.00	0.01	-0.02	0.01	-0.01
Gross Margin	43.36%	33.94%	38.04%	19.11%	62.03%	19.75%
Operating Margin	13.66%	4.93%	18.59%	0.97%	52.74%	1.22%
Profit Margin	29.75%	43.14%	23.26%	8.83%	50.94%	-5.72%
Free Cash Flow Margin	10.24%	14.94%	23.47%	-94.00%	21.24%	-95.77%
EBITDA	2.46	1.36	2.48	0.31	6.34	0.17
EBITDA Margin	19.95%	14.34%	23.10%	3.47%	53.82%	4.67%
D&A For EBITDA	0.78	0.89	0.49	0.23	0.13	0.13
EBIT	1.69	0.47	2	0.09	6.22	0.04
EBIT Margin	13.66%	4.93%	18.59%	0.97%	52.74%	1.22%
Effective Tax Rate	1.03%	1.05%	0.82%	1.70%	0.98%	4.60%

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