Kuwait Real Estate Company K.P.S.C. (KWSE:KRE)
0.3650
-0.0080 (-2.14%)
At close: Jun 8, 2026
KWSE:KRE 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 |
Rental Revenue | 53.77 | 39.42 | 34.86 | 28.9 | 27.62 | 21.43 |
Gain (Loss) on Sale of Investments (Rev) | 1.44 | 3.18 | 2.41 | 0.61 | -0.2 | -0.38 |
Other Revenue | 3.79 | 2.93 | -1.54 | 0.79 | 3.92 | 0.85 |
| 60.48 | 45.96 | 36.11 | 30.66 | 31.76 | 22.15 | |
Revenue Growth (YoY | 61.20% | 27.29% | 17.76% | -3.46% | 43.39% | -2.13% |
Property Expenses | 24.65 | 15.1 | 12.27 | 8.19 | 7.64 | 3.4 |
Selling, General & Administrative | 5.77 | 5.14 | 3.56 | 3.03 | 2.9 | 2.16 |
Other Operating Expenses | 0.99 | 0.36 | 0.69 | - | 0.09 | -0.34 |
Total Operating Expenses | 32.07 | 21.26 | 16.52 | 11.36 | 11.56 | 7.53 |
Operating Income | 28.41 | 24.71 | 19.59 | 19.3 | 20.2 | 14.62 |
Interest Expense | -12.66 | -12.55 | -12.78 | -10.78 | -8.03 | -5.22 |
Other Non-Operating Income | -0.18 | -0.03 | -0.11 | -0.14 | -0.2 | -0.23 |
EBT Excluding Unusual Items | 15.56 | 12.13 | 6.7 | 8.38 | 11.96 | 9.18 |
Gain (Loss) on Sale of Assets | - | - | - | 10.96 | -0.02 | 1.73 |
Asset Writedown | 1.61 | -0.29 | 9.53 | -6.44 | -4.3 | -3.66 |
Other Unusual Items | 10.12 | 12.31 | - | - | - | - |
Pretax Income | 27.3 | 24.14 | 16.23 | 12.89 | 7.65 | 7.25 |
Income Tax Expense | 0.79 | 0.79 | 0.74 | 0.63 | 0.11 | 0.12 |
Earnings From Continuing Operations | 26.51 | 23.35 | 15.49 | 12.26 | 7.54 | 7.13 |
Minority Interest in Earnings | -9.02 | -8.27 | -2.07 | -0.97 | -0.27 | -0.88 |
Net Income | 17.49 | 15.07 | 13.41 | 11.29 | 7.27 | 6.25 |
Net Income to Common | 17.49 | 15.07 | 13.41 | 11.29 | 7.27 | 6.25 |
Net Income Growth | 40.66% | 12.36% | 18.85% | 55.30% | 16.27% | 75.21% |
Basic Shares Outstanding | 1,246 | 1,203 | 1,190 | 1,033 | 1,031 | 1,015 |
Diluted Shares Outstanding | 1,246 | 1,203 | 1,190 | 1,033 | 1,031 | 1,015 |
Shares Change (YoY) | 4.56% | 1.16% | 15.10% | 0.22% | 1.60% | 3.79% |
EPS (Basic) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
EPS (Diluted) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
EPS Growth | 34.53% | 11.08% | 3.25% | 54.97% | 14.44% | 68.81% |
Dividend Per Share | - | - | - | 0.004 | 0.003 | 0.003 |
Dividend Growth | - | - | - | 33.33% | - | - |
Operating Margin | 46.98% | 53.75% | 54.25% | 62.94% | 63.59% | 66.00% |
Profit Margin | 28.92% | 32.79% | 37.15% | 36.81% | 22.88% | 28.22% |
EBITDA | 29.09 | 25.47 | 20.34 | 19.53 | 20.23 | 14.67 |
EBITDA Margin | 48.11% | 55.42% | 56.32% | 63.69% | 63.69% | 66.21% |
D&A For Ebitda | 0.69 | 0.77 | 0.75 | 0.23 | 0.03 | 0.05 |
EBIT | 28.41 | 24.71 | 19.59 | 19.3 | 20.2 | 14.62 |
EBIT Margin | 46.98% | 53.75% | 54.25% | 62.94% | 63.59% | 66.00% |
Effective Tax Rate | 2.91% | 3.29% | 4.59% | 4.92% | 1.41% | 1.61% |