KWSE:INTEGRATED 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
Revenue	36.13	35.48	31.46	24.73	21.01	20.09
Revenue Growth (YoY)	7.19%	12.77%	27.21%	17.71%	4.57%	-32.11%
Cost of Revenue	24.34	23.5	21.09	19.03	18.03	17.51
Gross Profit	11.79	11.97	10.37	5.7	2.98	2.58
Selling, General & Admin	4.54	4.45	3.86	3.04	2.79	2.62
Other Operating Expenses	0.16	0.17	0.1	0.09	0.04	-
Operating Expenses	3.58	3.91	5.23	3.35	2.83	2.62
Operating Income	8.21	8.06	5.14	2.35	0.15	-0.04
Interest Expense	-2.12	-1.9	-1.45	-0.72	-0.64	-0.67
Currency Exchange Gain (Loss)	0.35	0.45	0.03	0.2	0.61	-0.41
Other Non Operating Income (Expenses)	0.09	0.76	0.43	0.3	1.12	-1.21
EBT Excluding Unusual Items	6.54	7.37	4.15	2.14	1.24	-2.33
Impairment of Goodwill	-	-	-	-0.12	-	-
Gain (Loss) on Sale of Assets	1.38	0.54	0.2	1.25	0.51	0.49
Pretax Income	8.06	7.91	4.35	3.27	1.74	-1.84
Income Tax Expense	1.05	1.03	0.25	0.1	0.08	0.02
Earnings From Continuing Operations	7.02	6.88	4.1	3.17	1.66	-1.85
Net Income	7.02	6.88	4.1	3.17	1.66	-1.85
Net Income to Common	7.02	6.88	4.1	3.17	1.66	-1.85
Net Income Growth	29.55%	67.71%	29.48%	90.55%	-	-
Shares Outstanding (Basic)	253	253	253	253	253	253
Shares Outstanding (Diluted)	253	253	253	253	253	253
EPS (Basic)	0.03	0.03	0.02	0.01	0.01	-0.01
EPS (Diluted)	0.03	0.03	0.02	0.01	0.01	-0.01
EPS Growth	29.55%	67.71%	29.49%	90.55%	-	-
Free Cash Flow	4.27	6.25	-9.28	-0.79	7.78	-0.26
Free Cash Flow Per Share	0.02	0.03	-0.04	-0.00	0.03	-0.00
Dividend Per Share	0.025	0.025	0.020	0.015	0.010	-
Dividend Growth	25.00%	25.00%	33.33%	50.00%	-	-
Gross Margin	32.63%	33.75%	32.96%	23.05%	14.20%	12.84%
Operating Margin	22.73%	22.73%	16.34%	9.49%	0.73%	-0.22%
Profit Margin	19.42%	19.39%	13.04%	12.81%	7.91%	-9.23%
Free Cash Flow Margin	11.82%	17.63%	-29.49%	-3.18%	37.04%	-1.31%
EBITDA	19.53	18.8	14.71	11.37	9.07	8.1
EBITDA Margin	54.06%	53.00%	46.75%	45.98%	43.17%	40.30%
D&A For EBITDA	11.32	10.74	9.57	9.02	8.92	8.14
EBIT	8.21	8.06	5.14	2.35	0.15	-0.04
EBIT Margin	22.73%	22.73%	16.34%	9.49%	0.73%	-0.22%
Effective Tax Rate	12.97%	13.06%	5.84%	3.21%	4.69%	-

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