KWSE:JTC Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	32.5	28.51	28.8	27.43	22.01
Revenue Growth (YoY)	14.00%	-1.01%	4.98%	24.63%	3.97%
Cost of Revenue	21.02	19.36	19.29	19.62	16.97
Gross Profit	11.48	9.15	9.51	7.82	5.04
Selling, General & Admin	3.94	2.89	3.08	2.84	2.43
Other Operating Expenses	-	0.27	0.16	0.13	0.01
Operating Expenses	4.04	2.89	3.29	3	2.74
Operating Income	7.44	6.26	6.22	4.81	2.3
Interest Expense	-0.46	-0.43	-0.52	-0.26	-0.18
Interest & Investment Income	0.12	0.25	0.34	0.05	0.05
Currency Exchange Gain (Loss)	0	0.05	0.02	0.1	-
Other Non Operating Income (Expenses)	0.09	0.32	0.06	0.01	0.05
EBT Excluding Unusual Items	7.19	6.45	6.11	4.71	2.22
Gain (Loss) on Sale of Assets	0.07	0.25	0.1	0.01	0.2
Asset Writedown	0.19	0.56	0.25	-0.3	-
Legal Settlements	-	-0.51	-	-	-
Other Unusual Items	0	-	0.01	0	0.01
Pretax Income	7.45	6.75	6.46	4.43	2.43
Income Tax Expense	-	0.11	0.06	0.05	0.02
Net Income	7.45	6.64	6.4	4.38	2.41
Net Income to Common	7.45	6.64	6.4	4.38	2.41
Net Income Growth	12.25%	3.77%	46.03%	81.96%	-40.88%
Shares Outstanding (Basic)	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150
EPS (Basic)	0.05	0.04	0.04	0.03	0.02
EPS (Diluted)	0.05	0.04	0.04	0.03	0.02
EPS Growth	12.25%	3.77%	46.03%	81.96%	-40.88%
Free Cash Flow	3.88	4.67	4.15	5.08	-2.52
Free Cash Flow Per Share	0.03	0.03	0.03	0.03	-0.02
Dividend Per Share	0.028	0.026	0.022	0.018	0.016
Dividend Growth	7.69%	18.18%	22.22%	12.50%	-20.00%
Gross Margin	35.31%	32.10%	33.03%	28.49%	22.91%
Operating Margin	22.88%	21.96%	21.60%	17.54%	10.44%
Profit Margin	22.93%	23.29%	22.22%	15.97%	10.94%
Free Cash Flow Margin	11.94%	16.39%	14.42%	18.51%	-11.47%
EBITDA	13.24	11.58	11.13	9.67	6.69
EBITDA Margin	40.74%	40.60%	38.66%	35.26%	30.40%
D&A For EBITDA	5.8	5.31	4.91	4.86	4.39
EBIT	7.44	6.26	6.22	4.81	2.3
EBIT Margin	22.88%	21.96%	21.60%	17.54%	10.44%
Effective Tax Rate	-	1.63%	0.97%	1.14%	0.99%

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