KWSE:KGL 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	111.14	108.65	110.52	109	93.37
Revenue Growth (YoY)	2.29%	-1.69%	1.39%	16.74%	-10.31%
Cost of Revenue	99.41	101.25	102.8	105.67	86.82
Gross Profit	11.73	7.4	7.72	3.33	6.55
Selling, General & Admin	6.25	5.86	6.77	8.37	7.09
Other Operating Expenses	-	-	-	0.16	-
Operating Expenses	6.26	6.12	6.78	8.51	7.25
Operating Income	5.47	1.28	0.94	-5.18	-0.7
Interest Expense	-5.09	-6.42	-6.07	-3.98	-4.29
Earnings From Equity Investments	-3.75	-0.37	-4.97	-0.16	-0.64
Currency Exchange Gain (Loss)	0.29	-0.16	-0.1	-0.55	0.11
Other Non Operating Income (Expenses)	0.67	0.41	0.84	0.2	0.25
EBT Excluding Unusual Items	-2.41	-5.25	-9.35	-9.66	-5.27
Gain (Loss) on Sale of Investments	0.25	-9.87	-0.01	-4.01	-0.78
Gain (Loss) on Sale of Assets	0.07	0.11	0	-0.21	-0.88
Asset Writedown	-0.49	-0.11	0.37	0.92	0.31
Legal Settlements	-	-	-5.83	-	-
Other Unusual Items	-	-	-	14.83	-
Pretax Income	-2.58	-15.12	-14.82	1.87	-6.63
Income Tax Expense	-	-	-	0.06	0.01
Earnings From Continuing Operations	-2.58	-15.12	-14.82	1.81	-6.64
Minority Interest in Earnings	-0.02	-0.03	0.04	-0.06	0.03
Net Income	-2.6	-15.16	-14.78	1.75	-6.61
Net Income to Common	-2.6	-15.16	-14.78	1.75	-6.61
Shares Outstanding (Basic)	277	275	275	275	275
Shares Outstanding (Diluted)	277	275	275	275	275
Shares Change (YoY)	0.69%	0.03%	-	-0.02%	-0.02%
EPS (Basic)	-0.01	-0.06	-0.05	0.01	-0.02
EPS (Diluted)	-0.01	-0.06	-0.05	0.01	-0.02
Free Cash Flow	6.73	16.45	13.75	8.8	13.72
Free Cash Flow Per Share	0.02	0.06	0.05	0.03	0.05
Gross Margin	10.55%	6.81%	6.98%	3.06%	7.02%
Operating Margin	4.92%	1.18%	0.85%	-4.75%	-0.75%
Profit Margin	-2.34%	-13.95%	-13.38%	1.60%	-7.08%
Free Cash Flow Margin	6.06%	15.14%	12.44%	8.08%	14.70%
EBITDA	10.93	7.17	7.17	0.05	4.89
EBITDA Margin	9.83%	6.60%	6.49%	0.05%	5.24%
D&A For EBITDA	5.46	5.89	6.23	5.23	5.6
EBIT	5.47	1.28	0.94	-5.18	-0.7
EBIT Margin	4.92%	1.18%	0.85%	-4.75%	-0.75%
Effective Tax Rate	-	-	-	3.40%	-

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