Independent Petroleum Group K.S.C.P. (KWSE:IPG)
Kuwait flag Kuwait · Delayed Price · Currency is KWD · Price in KWF
0.6760
+0.0040 (0.60%)
At close: Aug 5, 2026

KWSE:IPG Financials Overview

Millions KWD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
924.38884.841,2211,0681,6461,001
Revenue Growth
-9.50%-27.52%14.36%-35.14%64.41%94.12%
Gross Profit
19.0917.6436.8618.1424.713.61
Operating Income
-7.9-4.644.912.8314.923.72
Net Income
10.7810.179.017.827.667.19
Earnings Per Share
0.060.060.050.040.040.04
EPS Growth
11.79%12.85%15.29%2.12%6.42%4.59%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Africa and Middle East
910.38877.671,2211,0681,630994.31
Asia and Far East
-7.17--15.626.89
Total
924.38884.841,2211,0681,6461,001

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
70.9760.9698.980.61109.7871.57
Total Debt
189.34239.97235.18237.17247.43195.44
Net Cash (Debt)
-118.37-179.02-136.28-156.56-137.65-123.88
Net Cash Growth
------
Net Cash Per Share
-0.65-0.99-0.75-0.87-0.76-0.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-33.83-36.2831.57-16.6915.4-8.24
Capital Expenditures
-9.39-6.96-0.13-0.1-0.34-2.31
Free Cash Flow
-43.22-43.2431.44-16.7915.06-10.55
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
2.07%1.99%3.02%1.70%1.50%1.36%
Operating Margin
-0.85%-0.53%0.40%0.27%0.91%0.37%
Pretax Margin
1.19%1.36%0.74%0.73%0.47%0.72%
Profit Margin
1.17%1.15%0.74%0.73%0.46%0.72%
FCF Margin
-4.68%-4.89%2.58%-1.57%0.92%-1.05%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.0450.0450.0400.0300.0300.030
Dividend Per Share Growth
12.50%12.50%33.33%0%0%0%
Dividend Yield
6.66%8.12%9.66%8.68%7.58%6.93%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.3410.499.499.7112.0414.78
P/FCF Ratio
--2.72-6.12-
PS Ratio
0.130.120.070.070.060.11