KWSE:IFAHR 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	42.83	37.89	35.38	40.01	42.19	21.25
Other Revenue	17.7	19.64	8.8	0.63	1.82	0.42
Revenue	60.53	57.53	44.18	40.64	44.01	21.67
Revenue Growth (YoY)	38.95%	30.20%	8.72%	-7.67%	103.12%	-71.73%
Cost of Revenue	18.56	16.53	15.83	23.97	26.76	13.05
Gross Profit	41.97	40.99	28.35	16.67	17.25	8.62
Selling, General & Admin	5.9	5.23	4.88	4.94	4.29	3.11
Other Operating Expenses	10.66	9.19	11.24	7.44	7.27	7.33
Operating Expenses	19.87	17.83	19.01	15.06	15.21	14.86
Operating Income	22.1	23.17	9.34	1.61	2.04	-6.24
Interest Expense	-7.06	-7.19	-5.5	-4.45	-5.75	-8.02
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.03
Other Non Operating Income (Expenses)	-	-	-	-	-0.15	1.82
EBT Excluding Unusual Items	15.03	15.98	3.84	-2.85	-3.85	-12.46
Gain (Loss) on Sale of Assets	0.04	2.03	13.61	6.71	1.03	0.04
Asset Writedown	-0.09	-0.09	-0.41	0.36	1.17	-
Other Unusual Items	-	-	-	-	-	2.5
Pretax Income	14.98	17.91	17.04	4.23	-1.64	-9.93
Income Tax Expense	1.79	1.17	0.9	0.25	0.27	-0.35
Earnings From Continuing Operations	13.19	16.75	16.14	3.97	-1.91	-9.58
Earnings From Discontinued Operations	10.64	-	-	-	4.23	-3.81
Net Income to Company	23.83	16.75	16.14	3.97	2.32	-13.39
Minority Interest in Earnings	-3.72	-3.41	-2.23	-1.08	0.41	0.05
Net Income	20.11	13.34	13.91	2.9	2.73	-13.34
Net Income to Common	20.11	13.34	13.91	2.9	2.73	-13.34
Net Income Growth	62.91%	-4.16%	380.47%	6.00%	-	-
Shares Outstanding (Basic)	291	291	291	291	291	291
Shares Outstanding (Diluted)	291	291	291	291	291	291
EPS (Basic)	0.07	0.05	0.05	0.01	0.01	-0.05
EPS (Diluted)	0.07	0.05	0.05	0.01	0.01	-0.05
EPS Growth	62.91%	-4.16%	380.47%	6.01%	-	-
Free Cash Flow	2.34	3.75	8.36	19	39.35	0.06
Free Cash Flow Per Share	0.01	0.01	0.03	0.07	0.14	-
Gross Margin	69.34%	71.26%	64.17%	41.02%	39.20%	39.76%
Operating Margin	36.51%	40.27%	21.14%	3.95%	4.64%	-28.80%
Profit Margin	33.22%	23.18%	31.50%	7.13%	6.21%	-61.58%
Free Cash Flow Margin	3.87%	6.52%	18.93%	46.76%	89.41%	0.29%
EBITDA	24.57	26.58	12.23	4.28	5.69	-3.15
EBITDA Margin	40.58%	46.21%	27.67%	10.53%	12.94%	-14.55%
D&A For EBITDA	2.47	3.41	2.89	2.67	3.65	3.09
EBIT	22.1	23.17	9.34	1.61	2.04	-6.24
EBIT Margin	36.51%	40.27%	21.14%	3.95%	4.64%	-28.80%
Effective Tax Rate	11.98%	6.51%	5.29%	5.97%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.