Kuwait Investment Company K.S.C.P. (KWSE:KINV)

KWSE:KINV Income Statement

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	17.19	17.86	16.65	20.1	15.63	12.86
Other Revenue	14.75	15.23	9.44	-0.8	25.33	-0.3
Revenue	31.94	33.09	26.09	19.3	40.96	12.55
Revenue Growth (YoY)	3.00%	26.84%	35.20%	-52.89%	226.32%	-63.51%
Cost of Revenue	0.09	0.09	-1.23	1.89	-0.93	1.37
Gross Profit	31.85	33	27.32	17.4	41.89	11.18
Selling, General & Admin	15.07	15.12	13.5	11.59	13.16	10.52
Other Operating Expenses	0.32	0.39	0.18	0.08	0.74	-
Operating Expenses	15.33	15.51	13.68	11.68	14.23	10.52
Operating Income	16.52	17.49	13.64	5.73	27.66	0.66
Interest Expense	-3.68	-3.77	-4.74	-2.66	-1.7	-2.32
Currency Exchange Gain (Loss)	0.06	0.77	-0.27	-0.6	-0.06	-0.52
Other Non Operating Income (Expenses)	-0.11	-0.12	-0.04	-	-0.25	-
EBT Excluding Unusual Items	12.8	14.38	8.59	2.46	25.66	-2.18
Gain (Loss) on Sale of Investments	0.04	0.04	-	0.22	0.58	-2.14
Gain (Loss) on Sale of Assets	0.07	0.07	1.21	0.22	1.25	0.11
Asset Writedown	1.54	1.54	0.57	0.64	1.61	-2.82
Other Unusual Items	-	-	-	-	-	1.47
Pretax Income	14.44	16.02	10.37	3.54	29.09	-5.57
Income Tax Expense	0.09	0.11	0.03	-	0.25	-
Earnings From Continuing Operations	14.35	15.91	10.34	3.54	28.84	-5.57
Net Income to Company	14.35	15.91	10.34	3.54	28.84	-5.57
Minority Interest in Earnings	-2.93	-3.34	-3.32	-2.94	-2.06	0
Net Income	11.41	12.57	7.03	0.6	26.78	-5.57
Net Income to Common	11.41	12.57	7.03	0.6	26.78	-5.57
Net Income Growth	-1.62%	78.91%	1067.80%	-97.75%	-	-
Shares Outstanding (Basic)	551	550	524	548	548	548
Shares Outstanding (Diluted)	551	550	524	548	548	548
Shares Change (YoY)	3.96%	4.80%	-4.25%	-0.07%	-	-
EPS (Basic)	0.02	0.02	0.01	0.00	0.05	-0.01
EPS (Diluted)	0.02	0.02	0.01	0.00	0.05	-0.01
EPS Growth	-5.37%	70.72%	1120.31%	-97.75%	-	-
Free Cash Flow	2.21	5.16	38.54	9.81	12.42	-0
Free Cash Flow Per Share	0.00	0.01	0.07	0.02	0.02	-
Dividend Per Share	0.013	0.013	0.010	0.005	0.025	-
Dividend Growth	30.00%	30.00%	100.00%	-80.00%	-	-
Gross Margin	99.73%	99.74%	104.73%	90.18%	102.28%	89.11%
Operating Margin	51.73%	52.86%	52.29%	29.68%	67.53%	5.28%
Profit Margin	35.73%	37.99%	26.93%	3.12%	65.38%	-44.35%
Free Cash Flow Margin	6.92%	15.59%	147.72%	50.86%	30.31%	-0.02%
EBITDA	22.5	24.02	20.12	11.27	33.03	6.43
EBITDA Margin	70.43%	72.60%	77.11%	58.41%	80.64%	51.25%
D&A For EBITDA	5.97	6.53	6.48	5.55	5.37	5.77
EBIT	16.52	17.49	13.64	5.73	27.66	0.66
EBIT Margin	51.73%	52.86%	52.29%	29.68%	67.53%	5.28%
Effective Tax Rate	0.65%	0.68%	0.32%	-	0.86%	-
Revenue as Reported	-	-	-	20.38	43.82	12.43

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.