KWSE:KINS 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
Premiums & Annuity Revenue	32.85	36.75	30.05	50.68	19.02	16.26
Total Interest & Dividend Income	5.92	4.8	3.46	7.7	2.91	5.62
Gain (Loss) on Sale of Investments	1.18	1.18	1.31	35.75	4.99	2.19
Other Revenue	1.84	0.87	0.57	0.66	4.05	3.53
Total Revenue	41.78	43.6	35.39	94.79	30.96	27.6
Revenue Growth (YoY)	-10.48%	23.20%	-62.66%	206.17%	12.16%	-1.59%
Policy Benefits	29.01	23.48	15.52	44.54	6.41	7.34
Policy Acquisition & Underwriting Costs	-1.24	-	-	-	5.98	3.65
Selling, General & Administrative	0.68	0.15	0.15	0.15	5.87	5.62
Provision for Bad Debts	-	-	-	-	0.75	-
Other Operating Expenses	1.92	8.64	7.2	5.1	0.29	0.25
Total Operating Expenses	30.36	32.27	22.87	49.79	19.29	16.86
Operating Income	11.42	11.33	12.52	44.99	11.67	10.74
Other Non Operating Income (Expenses)	-0.12	-0.12	-0.13	-0.44	-0.12	-0.11
Pretax Income	11.31	11.21	12.4	44.55	11.55	10.63
Income Tax Expense	0.11	0.11	0.1	0.43	0.11	0.1
Earnings From Continuing Ops.	11.19	11.1	12.29	44.12	11.43	10.53
Minority Interest in Earnings	-0.16	-0.18	-0.17	-	-	-
Net Income	11.04	10.92	12.12	44.12	11.43	10.53
Net Income to Common	11.04	10.92	12.12	44.12	11.43	10.53
Net Income Growth	-2.18%	-9.95%	-72.52%	285.94%	8.57%	10.38%
Shares Outstanding (Basic)	185	185	185	185	185	185
Shares Outstanding (Diluted)	185	185	185	185	185	185
EPS (Basic)	0.06	0.06	0.07	0.24	0.06	0.06
EPS (Diluted)	0.06	0.06	0.07	0.24	0.06	0.06
EPS Growth	-2.18%	-9.95%	-72.52%	285.94%	8.57%	10.38%
Free Cash Flow	-2.4	2.48	3.13	6.04	3.71	0.04
Free Cash Flow Per Share	-0.01	0.01	0.02	0.03	0.02	-
Dividend Per Share	0.040	0.040	0.040	0.040	0.033	0.030
Dividend Growth	-	-	-	21.21%	10.00%	-
Operating Margin	27.34%	25.98%	35.39%	47.47%	37.68%	38.91%
Profit Margin	26.41%	25.04%	34.26%	46.54%	36.92%	38.15%
Free Cash Flow Margin	-5.74%	5.69%	8.84%	6.37%	11.98%	0.13%
EBITDA	11.52	11.5	12.65	45.31	11.85	10.94
EBITDA Margin	27.57%	26.37%	35.74%	47.80%	38.26%	39.64%
D&A For EBITDA	0.1	0.17	0.12	0.31	0.18	0.2
EBIT	11.42	11.33	12.52	44.99	11.67	10.74
EBIT Margin	27.34%	25.98%	35.39%	47.47%	37.68%	38.91%
Effective Tax Rate	1.01%	1.00%	0.82%	0.97%	0.99%	0.94%
Revenue as Reported	-	-	-	-	31.25	28.11

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