KWSE:INTEGRATED Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	35.59	35.5	35.48	31.46	24.73	21.01
Revenue Growth (YoY)	-0.43%	0.06%	12.77%	27.21%	17.71%	4.57%
Cost of Revenue	24.65	24.43	23.5	21.09	19.03	18.03
Gross Profit	10.95	11.07	11.97	10.37	5.7	2.98
Selling, General & Admin	4.56	4.49	4.41	3.86	3.04	2.79
Other Operating Expenses	0.54	0.14	0.17	0.1	0.09	0.04
Operating Expenses	4.94	4.47	3.91	5.23	3.35	2.83
Operating Income	6.01	6.6	8.06	5.14	2.35	0.15
Interest Expense	-2.06	-2.13	-1.9	-1.45	-0.72	-0.64
Currency Exchange Gain (Loss)	-0.09	-0.09	0.45	0.03	0.2	0.61
Other Non Operating Income (Expenses)	0.46	0.26	0.76	0.43	0.3	1.12
EBT Excluding Unusual Items	4.31	4.63	7.37	4.15	2.14	1.24
Impairment of Goodwill	-	-	-	-	-0.12	-
Gain (Loss) on Sale of Assets	1.34	1.34	0.54	0.2	1.25	0.51
Pretax Income	5.66	5.97	7.91	4.35	3.27	1.74
Income Tax Expense	0.38	0.44	1.03	0.25	0.1	0.08
Earnings From Continuing Operations	5.27	5.53	6.88	4.1	3.17	1.66
Net Income	5.27	5.53	6.88	4.1	3.17	1.66
Net Income to Common	5.27	5.53	6.88	4.1	3.17	1.66
Net Income Growth	-27.55%	-19.61%	67.71%	29.48%	90.55%	-
Shares Outstanding (Basic)	253	253	253	253	253	253
Shares Outstanding (Diluted)	253	253	253	253	253	253
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	0.02	0.02	0.03	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.03	0.02	0.01	0.01
EPS Growth	-27.56%	-19.61%	67.71%	29.49%	90.55%	-
Free Cash Flow	13.3	4.7	6.25	-9.28	-0.79	7.78
Free Cash Flow Per Share	0.05	0.02	0.03	-0.04	-0.00	0.03
Dividend Per Share	0.025	0.025	0.025	0.020	0.015	0.010
Dividend Growth	-	-	25.00%	33.33%	50.00%	-
Gross Margin	30.76%	31.17%	33.75%	32.96%	23.05%	14.20%
Operating Margin	16.89%	18.59%	22.73%	16.34%	9.49%	0.73%
Profit Margin	14.82%	15.57%	19.39%	13.04%	12.81%	7.91%
Free Cash Flow Margin	37.36%	13.24%	17.63%	-29.49%	-3.18%	37.04%
EBITDA	17.58	18.07	18.8	14.71	11.37	9.07
EBITDA Margin	49.39%	50.92%	53.00%	46.75%	45.98%	43.17%
D&A For EBITDA	11.57	11.48	10.74	9.57	9.02	8.92
EBIT	6.01	6.6	8.06	5.14	2.35	0.15
EBIT Margin	16.89%	18.59%	22.73%	16.34%	9.49%	0.73%
Effective Tax Rate	6.77%	7.41%	13.06%	5.84%	3.21%	4.69%

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