KWSE:KBT 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
Rental Revenue	3.68	3.54	2.95	2.15	2.54	7.24
Gain (Loss) on Sale of Investments (Rev)	0.58	0.6	1.43	0.57	0.81	1.51
Other Revenue	0.04	-0.22	1.83	0.13	0.03	0.15
Total Revenue	7.11	6.59	7.66	3.52	3.79	9.34
Revenue Growth (YoY	-7.74%	-13.89%	117.65%	-7.30%	-59.38%	228.30%
Property Expenses	-	-	-	-	-	2.56
Selling, General & Administrative	2.76	2.83	2.43	2.15	2.34	4.18
Other Operating Expenses	-	-	-	-	-	-0.15
Total Operating Expenses	2.87	2.95	2.46	2.15	2.44	6.66
Operating Income	4.24	3.65	5.2	1.37	1.36	2.68
Interest Expense	-3.22	-3.22	-2.08	-1.36	-0.86	-0.56
Currency Exchange Gain (Loss)	-0	0	-0.04	0.03	-0.07	-0.3
Other Non-Operating Income	-0.15	-0.14	-0.13	-0.08	-0.13	-0.08
EBT Excluding Unusual Items	0.87	0.29	2.95	-0.04	0.3	1.74
Impairment of Goodwill	-	-	-0.02	-	-	-
Gain (Loss) on Sale of Investments	-1.16	-1.16	-	-	-	-
Gain (Loss) on Sale of Assets	0	0	0.24	2.9	1.87	0.28
Asset Writedown	3.65	3.65	0.72	0.05	0.93	1.11
Total Legal Settlements	-0.24	-0.24	-	-	-	-
Pretax Income	3.12	2.54	3.89	2.91	3.09	3.12
Earnings From Continuing Operations	3.12	2.54	3.89	2.91	3.09	3.12
Earnings From Discontinued Operations	-	-	-	0.46	0.44	-
Net Income to Company	3.12	2.54	3.89	3.37	3.53	3.12
Minority Interest in Earnings	-0.55	-0.47	-0.8	-0.3	-0.31	-0.18
Net Income	2.57	2.07	3.09	3.07	3.22	2.94
Net Income to Common	2.57	2.07	3.09	3.07	3.22	2.94
Net Income Growth	-2.83%	-33.09%	0.77%	-4.75%	9.50%	-
Basic Shares Outstanding	598	597	592	598	611	638
Diluted Shares Outstanding	598	597	592	598	611	638
Shares Change (YoY)	0.60%	0.80%	-0.95%	-2.05%	-4.24%	-1.94%
EPS (Basic)	0.00	0.00	0.01	0.01	0.01	0.00
EPS (Diluted)	0.00	0.00	0.01	0.01	0.01	0.00
EPS Growth	-3.40%	-33.61%	1.71%	-2.75%	14.35%	-
Dividend Per Share	-	-	0.003	-	0.005	-
Operating Margin	59.58%	55.33%	67.92%	38.82%	35.74%	28.73%
Profit Margin	36.08%	31.38%	40.39%	87.23%	84.89%	31.50%
EBITDA	4.27	3.68	5.21	1.93	1.52	2.77
EBITDA Margin	59.98%	55.75%	68.11%	54.90%	40.17%	29.62%
D&A For Ebitda	0.03	0.03	0.01	0.57	0.17	0.08
EBIT	4.24	3.65	5.2	1.37	1.36	2.68
EBIT Margin	59.58%	55.33%	67.92%	38.82%	35.74%	28.73%

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