Kuwait and Middle East Financial Investment Company K.S.C.P. (KWSE:KMEFIC)

KWSE:KMEFIC 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	4.81	4.83	4.19	5.99	5.36	3.27
Other Revenue	4.07	3.71	-3.82	-3.2	0.91	-1.51
Revenue	8.88	8.54	0.37	2.78	6.27	1.76
Revenue Growth (YoY)	36.85%	2201.82%	-86.68%	-55.56%	256.23%	-52.71%
Cost of Revenue	1.14	0.09	0.09	0	0.03	-
Gross Profit	7.74	8.45	0.28	2.78	6.24	1.76
Selling, General & Admin	1.55	1.66	1.92	2.07	2.04	2.8
Other Operating Expenses	1.02	1.01	0.77	1.11	1.03	0.22
Operating Expenses	2.97	3.07	3	3.81	3.28	3.02
Operating Income	4.77	5.38	-2.72	-1.03	2.96	-1.26
Interest Expense	-2.87	-2.79	-2.57	-0.99	-0.05	-
Currency Exchange Gain (Loss)	0.42	0.4	0.38	-0.17	0.26	0.1
Other Non Operating Income (Expenses)	-0.33	-0.33	-0.09	-0.71	-	-
EBT Excluding Unusual Items	1.99	2.65	-5	-2.9	3.17	-1.16
Gain (Loss) on Sale of Assets	-	-	0.01	-	-	9
Asset Writedown	0.84	0.84	-0.46	3.94	-	-
Other Unusual Items	-	-	-	-0.02	-0.03	-0
Pretax Income	2.82	3.49	-5.45	1.02	3.14	7.84
Income Tax Expense	0.01	-	-	0.02	0.02	0.09
Earnings From Continuing Operations	2.82	3.49	-5.45	1	3.12	7.75
Net Income to Company	2.82	3.49	-5.45	1	3.12	7.75
Minority Interest in Earnings	-0.09	-0.12	0.08	0.04	-0.02	0.11
Net Income	2.73	3.36	-5.37	1.04	3.1	7.86
Net Income to Common	2.73	3.36	-5.37	1.04	3.1	7.86
Net Income Growth	525.33%	-	-	-66.33%	-60.56%	1099.78%
Shares Outstanding (Basic)	220	220	220	220	230	220
Shares Outstanding (Diluted)	220	220	220	220	230	220
Shares Change (YoY)	0.00%	-	-	-4.23%	4.41%	0.88%
EPS (Basic)	0.01	0.02	-0.02	0.00	0.01	0.04
EPS (Diluted)	0.01	0.02	-0.02	0.00	0.01	0.04
EPS Growth	525.47%	-	-	-64.85%	-62.23%	1089.38%
Free Cash Flow	3.53	2.45	1.14	-22.01	-1.09	0.51
Free Cash Flow Per Share	0.02	0.01	0.01	-0.10	-0.01	0.00
Dividend Per Share	-	-	-	-	0.007	-
Gross Margin	87.16%	98.98%	74.91%	99.93%	99.59%	100.00%
Operating Margin	53.73%	62.96%	-733.31%	-36.91%	47.18%	-71.71%
Profit Margin	30.73%	39.38%	-1446.87%	37.49%	49.48%	446.95%
Free Cash Flow Margin	39.77%	28.73%	307.42%	-790.38%	-17.34%	29.15%
EBITDA	4.86	5.57	-2.66	-0.67	3.08	-1.23
EBITDA Margin	54.76%	65.27%	-	-23.99%	49.17%	-70.03%
D&A For EBITDA	0.09	0.2	0.06	0.36	0.12	0.03
EBIT	4.77	5.38	-2.72	-1.03	2.96	-1.26
EBIT Margin	53.73%	62.96%	-	-36.91%	47.18%	-71.71%
Effective Tax Rate	0.29%	-	-	1.67%	0.62%	1.11%
Revenue as Reported	10.14	9.77	0.3	6.58	6.53	10.86

Updated Nov 17, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.