KWSE:KCIN 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	40.12	37.73	29.7	23.53	12.05
Revenue Growth (YoY)	6.35%	27.03%	26.23%	95.32%	148.78%
Cost of Revenue	22.67	22.54	20.84	19	10.66
Gross Profit	17.45	15.19	8.86	4.53	1.39
Selling, General & Admin	2.15	2.4	2.15	2.04	1.79
Other Operating Expenses	-1.76	-2.26	-1.45	-1.01	-0.92
Operating Expenses	0.38	0.14	0.7	1.03	0.87
Operating Income	17.07	15.05	8.17	3.49	0.51
Interest Expense	-5.28	-5.48	-2.81	-1.28	-0.96
Interest & Investment Income	0.47	0.43	0.22	0.21	-
Earnings From Equity Investments	6.42	5.68	5.52	5.48	4.72
Other Non Operating Income (Expenses)	-0.11	-0.08	-0.05	-0.02	-
EBT Excluding Unusual Items	18.56	15.6	11.04	7.89	4.28
Gain (Loss) on Sale of Investments	-	-	-	-	-0.01
Asset Writedown	-0.87	-2.13	-0.37	-0.23	0.12
Pretax Income	17.7	13.46	10.67	7.65	4.39
Income Tax Expense	0.11	0.07	0.05	0.02	-
Earnings From Continuing Operations	17.58	13.39	10.62	7.63	4.39
Minority Interest in Earnings	-0	-0	-0	-0	-0
Net Income	17.58	13.39	10.62	7.63	4.39
Net Income to Common	17.58	13.39	10.62	7.63	4.39
Net Income Growth	31.33%	26.04%	39.24%	73.92%	-
Shares Outstanding (Basic)	93	93	93	93	93
Shares Outstanding (Diluted)	93	93	93	93	93
Shares Change (YoY)	-	-	-	-	-0.08%
EPS (Basic)	0.19	0.14	0.11	0.08	0.05
EPS (Diluted)	0.19	0.14	0.11	0.08	0.05
EPS Growth	31.33%	26.04%	39.25%	73.92%	-
Free Cash Flow	18.72	12.55	8.65	8.95	-13.73
Free Cash Flow Per Share	0.20	0.14	0.09	0.10	-0.15
Dividend Per Share	0.080	0.080	0.080	0.060	0.030
Dividend Growth	-	-	33.33%	100.00%	-
Gross Margin	43.50%	40.25%	29.84%	19.23%	11.50%
Operating Margin	42.54%	39.88%	27.50%	14.85%	4.27%
Profit Margin	43.82%	35.48%	35.76%	32.42%	36.41%
Free Cash Flow Margin	46.66%	33.26%	29.13%	38.04%	-113.99%
EBITDA	20.82	17.42	11.08	5.27	2.26
EBITDA Margin	51.89%	46.18%	37.31%	22.42%	18.80%
D&A For EBITDA	3.75	2.38	2.92	1.78	1.75
EBIT	17.07	15.05	8.17	3.49	0.51
EBIT Margin	42.54%	39.88%	27.50%	14.85%	4.27%
Effective Tax Rate	0.63%	0.55%	0.46%	0.29%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.