Independent Petroleum Group K.S.C.P. (KWSE:IPG)
Kuwait · Delayed Price · Currency is KWD · Price in KWF 0.6760
+0.0040 (0.60%)
At close: Aug 5, 2026
[Name] 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 | Jun '26 Jun 30, 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 | 924.38 | 884.84 | 1,221 | 1,068 | 1,646 | 1,001 |
Revenue Growth | -9.50% | -27.52% | 14.36% | -35.14% | 64.41% | 94.12% |
Cost of Revenue | 905.29 | 867.21 | 1,184 | 1,049 | 1,621 | 987.59 |
Gross Profit | 19.09 | 17.64 | 36.86 | 18.14 | 24.7 | 13.61 |
Selling, General & Admin | 8.77 | 8.48 | 7.81 | 7.83 | 8.18 | 7.79 |
Other Operating Expenses | 16.17 | 11.48 | 22.73 | 5.8 | -0.2 | 0.19 |
Operating Expenses | 26.98 | 22.28 | 31.95 | 15.3 | 9.78 | 9.89 |
Operating Income | -7.9 | -4.64 | 4.91 | 2.83 | 14.92 | 3.72 |
Interest Expense | -9.67 | -9.97 | -16.39 | -14.74 | -10.3 | -3.51 |
Interest & Investment Income | 5.17 | 5.73 | 4.48 | 6.58 | 7.04 | 3.53 |
Earnings From Equity Investments | 13.48 | 11.66 | 9.66 | 8.01 | 7.64 | 6.14 |
Currency Exchange Gain (Loss) | 0.72 | 0.25 | 0.33 | -1.44 | -1.33 | -0.7 |
Other Non Operating Income (Expenses) | -0.11 | -0.12 | -0.1 | -0.16 | -0.08 | -6.54 |
EBT Excluding Unusual Items | 1.69 | 2.92 | 2.9 | 1.07 | 17.88 | 2.64 |
Gain (Loss) on Sale of Investments | 9.29 | 9.08 | 6.11 | 6.75 | -10.23 | 4.55 |
Pretax Income | 10.98 | 12.01 | 9.01 | 7.82 | 7.66 | 7.19 |
Income Tax Expense | 0.21 | 1.83 | - | - | - | - |
Net Income | 10.78 | 10.17 | 9.01 | 7.82 | 7.66 | 7.19 |
Net Income to Common | 10.78 | 10.17 | 9.01 | 7.82 | 7.66 | 7.19 |
Net Income Growth | 11.79% | 12.85% | 15.29% | 2.12% | 6.42% | 4.59% |
Shares Outstanding (Basic) | 181 | 181 | 181 | 181 | 181 | 181 |
Shares Outstanding (Diluted) | 181 | 181 | 181 | 181 | 181 | 181 |
Shares Change | -0.00% | - | - | - | - | - |
EPS (Basic) | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 |
EPS (Diluted) | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 |
EPS Growth | 11.79% | 12.85% | 15.29% | 2.12% | 6.42% | 4.59% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -43.22 | -43.24 | 31.44 | -16.79 | 15.06 | -10.55 |
Free Cash Flow Per Share | -0.24 | -0.24 | 0.17 | -0.09 | 0.08 | -0.06 |
Dividend Per Share | 0.045 | 0.045 | 0.040 | 0.030 | 0.030 | 0.030 |
Dividend Growth | 12.50% | 12.50% | 33.33% | 0% | 0% | 0% |
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% |
Profit Margin | 1.17% | 1.15% | 0.74% | 0.73% | 0.46% | 0.72% |
Free Cash Flow Margin | -4.68% | -4.89% | 2.58% | -1.57% | 0.92% | -1.05% |
EBITDA | -5.85 | -2.32 | 6.32 | 4.51 | 16.73 | 5.64 |
EBITDA Margin | -0.63% | -0.26% | 0.52% | 0.42% | 1.02% | 0.56% |
D&A For EBITDA | 2.05 | 2.32 | 1.41 | 1.68 | 1.81 | 1.92 |
EBIT | -7.9 | -4.64 | 4.91 | 2.83 | 14.92 | 3.72 |
EBIT Margin | -0.85% | -0.52% | 0.40% | 0.27% | 0.91% | 0.37% |
Effective Tax Rate | 1.88% | 15.28% | - | - | - | - |