KWSE:KINV Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	21.2	20.84	17.86	16.65	20.1	15.63
Other Revenue	18.9	25.08	15.23	9.44	-0.8	25.33
Revenue	40.09	45.93	33.09	26.09	19.3	40.96
Revenue Growth (YoY)	25.52%	38.79%	26.84%	35.20%	-52.89%	226.32%
Cost of Revenue	-1.53	-1.53	0.09	-1.23	1.89	-0.93
Gross Profit	41.62	47.46	33	27.32	17.4	41.89
Selling, General & Admin	16.47	16.81	15.12	13.5	11.59	13.16
Other Operating Expenses	0.4	0.49	0.39	0.18	0.08	0.74
Operating Expenses	16.87	17.3	15.51	13.68	11.68	14.23
Operating Income	24.76	30.16	17.49	13.64	5.73	27.66
Interest Expense	-4.59	-4.3	-3.77	-4.74	-2.66	-1.7
Currency Exchange Gain (Loss)	-1.28	-2.34	0.77	-0.27	-0.6	-0.06
Other Non Operating Income (Expenses)	-0.15	-0.18	-0.12	-0.04	-	-0.25
EBT Excluding Unusual Items	18.73	23.34	14.38	8.59	2.46	25.66
Gain (Loss) on Sale of Investments	0.01	0.01	0.04	-	0.22	0.58
Gain (Loss) on Sale of Assets	-	-	0.07	1.21	0.22	1.25
Asset Writedown	0.55	0.61	1.54	0.57	0.64	1.61
Pretax Income	19.29	23.95	16.02	10.37	3.54	29.09
Income Tax Expense	0.13	0.16	0.11	0.03	-	0.25
Earnings From Continuing Operations	19.17	23.79	15.91	10.34	3.54	28.84
Net Income to Company	19.17	23.79	15.91	10.34	3.54	28.84
Minority Interest in Earnings	-4.12	-4.08	-3.34	-3.32	-2.94	-2.06
Net Income	15.05	19.71	12.57	7.03	0.6	26.78
Net Income to Common	15.05	19.71	12.57	7.03	0.6	26.78
Net Income Growth	31.87%	56.83%	78.91%	1067.80%	-97.75%	-
Shares Outstanding (Basic)	551	551	550	524	548	548
Shares Outstanding (Diluted)	551	551	550	524	548	548
Shares Change (YoY)	-0.02%	0.23%	4.80%	-4.25%	-0.07%	-
EPS (Basic)	0.03	0.04	0.02	0.01	0.00	0.05
EPS (Diluted)	0.03	0.04	0.02	0.01	0.00	0.05
EPS Growth	31.91%	56.47%	70.72%	1120.31%	-97.75%	-
Free Cash Flow	-29.73	-21.37	4.91	38.54	9.81	12.42
Free Cash Flow Per Share	-0.05	-0.04	0.01	0.07	0.02	0.02
Dividend Per Share	0.018	0.018	0.013	0.010	0.005	0.025
Dividend Growth	38.46%	38.46%	30.00%	100.00%	-80.00%	-
Gross Margin	103.82%	103.33%	99.74%	104.73%	90.18%	102.28%
Operating Margin	61.75%	65.66%	52.86%	52.29%	29.68%	67.53%
Profit Margin	37.54%	42.92%	37.99%	26.93%	3.12%	65.38%
Free Cash Flow Margin	-74.15%	-46.53%	14.83%	147.72%	50.86%	30.31%
EBITDA	32.57	37.32	24.02	20.12	11.27	33.03
EBITDA Margin	81.24%	81.26%	72.60%	77.11%	58.41%	80.64%
D&A For EBITDA	7.81	7.16	6.53	6.48	5.55	5.37
EBIT	24.76	30.16	17.49	13.64	5.73	27.66
EBIT Margin	61.75%	65.66%	52.86%	52.29%	29.68%	67.53%
Effective Tax Rate	0.66%	0.66%	0.68%	0.32%	-	0.86%
Revenue as Reported	-	-	-	-	20.38	43.82

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