KWSE:INJAZZAT 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
Rental Revenue	3.25	2.92	3.13	2.92	2.71	2.85
Property Management Fees	0.22	0.19	0.14	0.11	0.11	0.35
Gain (Loss) on Sale of Assets (Rev)	-	1.03	0.44	3.06	1.74	-
Gain (Loss) on Sale of Investments (Rev)	1.07	1.07	0.05	-0.1	-0.08	0.63
Other Revenue	0.78	1.09	1.22	1.95	0.9	0.73
Total Revenue	6.57	7.44	6.12	8.68	6.32	5.26
Revenue Growth (YoY	-4.58%	21.54%	-29.54%	37.48%	20.13%	-21.13%
Property Expenses	1.13	1.19	1.07	1.45	1.33	1.03
Selling, General & Administrative	0.55	0.59	0.43	0.45	0.45	0.33
Depreciation & Amortization	0.14	0.14	0.15	0.19	0.17	0.17
Other Operating Expenses	0.86	0.96	0.93	0.97	0.91	0.6
Total Operating Expenses	2.69	2.88	2.59	3.05	2.86	2.13
Operating Income	3.87	4.56	3.53	5.63	3.46	3.12
Interest Expense	-1.75	-1.83	-2.06	-1.9	-1.53	-1.74
Currency Exchange Gain (Loss)	0.04	0.03	0.03	0.11	-0.04	0
Other Non-Operating Income	-0.02	-0.03	-0.02	-0.03	-0.03	-0.01
EBT Excluding Unusual Items	2.14	2.72	1.48	3.82	1.85	1.38
Gain (Loss) on Sale of Investments	-	-	-	-0.31	-	-
Asset Writedown	0.33	0.33	0.89	-0.53	1.02	-0.54
Pretax Income	2.47	3.05	2.37	2.97	2.88	0.84
Income Tax Expense	0.03	0.03	0.02	0.03	0.03	0.01
Earnings From Continuing Operations	2.44	3.02	2.35	2.94	2.85	0.83
Net Income	2.44	3.02	2.35	2.94	2.85	0.83
Net Income to Common	2.44	3.02	2.35	2.94	2.85	0.83
Net Income Growth	-17.30%	28.50%	-20.04%	3.21%	242.29%	-
Basic Shares Outstanding	339	338	338	338	331	335
Diluted Shares Outstanding	339	338	338	338	331	335
Shares Change (YoY)	0.15%	-	-0.03%	2.23%	-1.11%	-0.37%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.00
EPS Growth	-17.43%	28.50%	-20.03%	0.97%	246.19%	-
Dividend Per Share	0.005	0.005	0.005	0.005	0.005	-
Operating Margin	58.99%	61.27%	57.74%	64.82%	54.72%	59.41%
Profit Margin	37.16%	40.58%	38.39%	33.83%	45.06%	15.81%
EBITDA	3.88	4.56	3.57	5.67	3.5	3.17
EBITDA Margin	59.12%	61.38%	58.38%	65.35%	55.43%	60.26%
D&A For Ebitda	0.01	0.01	0.04	0.05	0.05	0.05
EBIT	3.87	4.56	3.53	5.63	3.46	3.12
EBIT Margin	58.99%	61.27%	57.74%	64.82%	54.72%	59.41%
Effective Tax Rate	1.09%	1.09%	0.90%	1.10%	1.09%	1.10%
Revenue as Reported	6.93	7.79	7.04	8.26	7.3	4.72

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