KWSE:KINS 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
Premiums & Annuity Revenue	32.42	36.75	30.05	50.68	19.02
Total Interest & Dividend Income	5.07	4.8	3.46	7.7	2.91
Gain (Loss) on Sale of Investments	1.78	1.18	1.31	35.75	4.99
Other Revenue	1.59	0.87	0.57	0.66	4.05
Total Revenue	40.85	43.6	35.39	94.79	30.96
Revenue Growth (YoY)	-6.31%	23.20%	-62.66%	206.17%	12.16%
Policy Benefits	34.28	23.48	15.52	44.54	6.41
Policy Acquisition & Underwriting Costs	-	-	-	-	5.98
Selling, General & Administrative	0.15	0.15	0.15	0.15	5.87
Provision for Bad Debts	-	-	-	-	0.75
Other Operating Expenses	-2.9	8.64	7.2	5.1	0.29
Total Operating Expenses	31.54	32.27	22.87	49.79	19.29
Operating Income	9.31	11.33	12.52	44.99	11.67
Other Non Operating Income (Expenses)	-0.1	-0.12	-0.13	-0.44	-0.12
Pretax Income	9.21	11.21	12.4	44.55	11.55
Income Tax Expense	0.09	0.11	0.1	0.43	0.11
Earnings From Continuing Ops.	9.13	11.1	12.29	44.12	11.43
Minority Interest in Earnings	-0.16	-0.18	-0.17	-	-
Net Income	8.97	10.92	12.12	44.12	11.43
Net Income to Common	8.97	10.92	12.12	44.12	11.43
Net Income Growth	-17.85%	-9.95%	-72.52%	285.94%	8.57%
Shares Outstanding (Basic)	185	185	185	185	185
Shares Outstanding (Diluted)	185	185	185	185	185
EPS (Basic)	0.05	0.06	0.07	0.24	0.06
EPS (Diluted)	0.05	0.06	0.07	0.24	0.06
EPS Growth	-17.85%	-9.95%	-72.52%	285.94%	8.57%
Free Cash Flow	-3.78	2.48	3.13	6.04	3.71
Free Cash Flow Per Share	-0.02	0.01	0.02	0.03	0.02
Dividend Per Share	0.040	0.040	0.040	0.040	0.033
Dividend Growth	-	-	-	21.21%	10.00%
Operating Margin	22.79%	25.98%	35.39%	47.47%	37.68%
Profit Margin	21.96%	25.04%	34.26%	46.54%	36.92%
Free Cash Flow Margin	-9.25%	5.69%	8.84%	6.37%	11.98%
EBITDA	9.46	11.5	12.65	45.31	11.85
EBITDA Margin	23.16%	26.37%	35.74%	47.80%	38.26%
D&A For EBITDA	0.15	0.17	0.12	0.31	0.18
EBIT	9.31	11.33	12.52	44.99	11.67
EBIT Margin	22.79%	25.98%	35.39%	47.47%	37.68%
Effective Tax Rate	0.95%	1.00%	0.82%	0.97%	0.99%
Revenue as Reported	-	-	-	-	31.25

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