KWSE:KBT 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
Rental Revenue	3.39	2.95	2.15	2.54	7.24	2.32
Gain (Loss) on Sale of Investments (Rev)	1.26	1.43	0.57	0.81	1.51	0.02
Other Revenue	1.47	1.83	0.13	0.03	0.15	0.06
Total Revenue	8.64	7.66	3.52	3.79	9.34	2.85
Revenue Growth (YoY	72.64%	117.65%	-7.30%	-59.38%	228.30%	-36.36%
Property Expenses	-	-	-	-	2.56	-
Selling, General & Administrative	2.58	2.43	2.15	2.34	4.18	2.13
Other Operating Expenses	-	-	-	-	-0.15	-
Total Operating Expenses	2.6	2.46	2.15	2.44	6.66	2.52
Operating Income	6.04	5.2	1.37	1.36	2.68	0.32
Interest Expense	-3.05	-2.08	-1.36	-0.86	-0.56	-0.66
Currency Exchange Gain (Loss)	-0.05	-0.04	0.03	-0.07	-0.3	0.32
Other Non-Operating Income	-0.12	-0.13	-0.08	-0.13	-0.08	-
EBT Excluding Unusual Items	2.82	2.95	-0.04	0.3	1.74	-0.02
Impairment of Goodwill	-	-0.02	-	-	-	-
Gain (Loss) on Sale of Assets	0.24	0.24	2.9	1.87	0.28	0.31
Asset Writedown	0.72	0.72	0.05	0.93	1.11	-5.27
Total Legal Settlements	-0.24	-	-	-	-	-
Pretax Income	3.54	3.89	2.91	3.09	3.12	-4.98
Earnings From Continuing Operations	3.54	3.89	2.91	3.09	3.12	-4.98
Earnings From Discontinued Operations	-	-	0.46	0.44	-	-
Net Income to Company	3.54	3.89	3.37	3.53	3.12	-4.98
Minority Interest in Earnings	-0.76	-0.8	-0.3	-0.31	-0.18	-0.01
Net Income	2.79	3.09	3.07	3.22	2.94	-4.98
Net Income to Common	2.79	3.09	3.07	3.22	2.94	-4.98
Net Income Growth	-9.27%	0.77%	-4.75%	9.50%	-	-
Basic Shares Outstanding	597	592	598	611	638	650
Diluted Shares Outstanding	597	592	598	611	638	650
Shares Change (YoY)	0.66%	-0.98%	-2.05%	-4.24%	-1.94%	0.18%
EPS (Basic)	0.00	0.01	0.01	0.01	0.00	-0.01
EPS (Diluted)	0.00	0.01	0.01	0.01	0.00	-0.01
EPS Growth	-9.87%	1.75%	-2.75%	14.35%	-	-
Dividend Per Share	0.003	0.003	-	0.005	-	-
Operating Margin	69.91%	67.92%	38.82%	35.74%	28.73%	11.30%
Profit Margin	32.22%	40.39%	87.23%	84.89%	31.50%	-175.19%
EBITDA	6.07	5.21	1.93	1.52	2.77	0.33
EBITDA Margin	70.20%	68.11%	54.90%	40.17%	29.62%	11.60%
D&A For Ebitda	0.02	0.01	0.57	0.17	0.08	0.01
EBIT	6.04	5.2	1.37	1.36	2.68	0.32
EBIT Margin	69.91%	67.92%	38.82%	35.74%	28.73%	11.30%
Revenue as Reported	0.98	-	-	-	-	-

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