KWSE:INJAZZAT 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
Rental Revenue	3.41	2.92	3.13	2.92	2.71
Property Management Fees	0.22	0.19	0.14	0.11	0.11
Gain (Loss) on Sale of Assets (Rev)	-	1.03	0.44	3.06	1.74
Gain (Loss) on Sale of Investments (Rev)	0.19	1.07	0.05	-0.1	-0.08
Other Revenue	0.86	1.09	1.22	1.95	0.9
Total Revenue	6.03	7.44	6.12	8.68	6.32
Revenue Growth (YoY	-18.95%	21.54%	-29.54%	37.48%	20.13%
Property Expenses	1.11	1.19	1.07	1.45	1.33
Selling, General & Administrative	0.54	0.59	0.43	0.45	0.45
Depreciation & Amortization	0.14	0.14	0.15	0.19	0.17
Other Operating Expenses	0.82	0.96	0.93	0.97	0.91
Total Operating Expenses	2.61	2.88	2.59	3.05	2.86
Operating Income	3.42	4.56	3.53	5.63	3.46
Interest Expense	-1.73	-1.83	-2.06	-1.9	-1.53
Currency Exchange Gain (Loss)	-0.03	0.03	0.03	0.11	-0.04
Other Non-Operating Income	-0.03	-0.03	-0.02	-0.03	-0.03
EBT Excluding Unusual Items	1.63	2.72	1.48	3.82	1.85
Gain (Loss) on Sale of Investments	-	-	-	-0.31	-
Asset Writedown	1.04	0.33	0.89	-0.53	1.02
Pretax Income	2.67	3.05	2.37	2.97	2.88
Income Tax Expense	0.03	0.03	0.02	0.03	0.03
Earnings From Continuing Operations	2.64	3.02	2.35	2.94	2.85
Net Income	2.64	3.02	2.35	2.94	2.85
Net Income to Common	2.64	3.02	2.35	2.94	2.85
Net Income Growth	-12.63%	28.50%	-20.04%	3.21%	242.29%
Basic Shares Outstanding	341	338	338	338	331
Diluted Shares Outstanding	341	338	338	338	331
Shares Change (YoY)	0.69%	-	-0.03%	2.23%	-1.11%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	-13.24%	28.50%	-20.03%	0.97%	246.19%
Dividend Per Share	0.006	0.005	0.005	0.005	0.005
Dividend Growth	20.00%	-	-	-	-
Operating Margin	56.66%	61.27%	57.74%	64.82%	54.72%
Profit Margin	43.74%	40.58%	38.39%	33.83%	45.06%
EBITDA	3.42	4.56	3.57	5.67	3.5
EBITDA Margin	56.80%	61.38%	58.38%	65.35%	55.43%
D&A For Ebitda	0.01	0.01	0.04	0.05	0.05
EBIT	3.42	4.56	3.53	5.63	3.46
EBIT Margin	56.66%	61.27%	57.74%	64.82%	54.72%
Effective Tax Rate	1.09%	1.09%	0.90%	1.10%	1.09%
Revenue as Reported	7.04	7.79	7.04	8.26	7.3

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