Mabanee Company K.P.S.C. (KWSE:MABANEE)

Despegar.com 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	135.2	132.83	130.3	113.22	100.51	65.54
Other Revenue	0.98	0.79	0.24	0.67	0.16	0.22
Total Revenue	136.19	133.62	130.54	113.9	100.67	65.76
Revenue Growth (YoY	1.05%	2.36%	14.61%	13.13%	53.10%	-32.02%
Property Expenses	40.4	37.87	34.87	28	23.51	22.18
Selling, General & Administrative	11.07	7.52	5.22	5.61	3.55	4.6
Depreciation & Amortization	15.58	15.68	16.63	14.09	12.81	12.4
Other Operating Expenses	2.27	1.78	1.74	1.63	1.46	0.58
Total Operating Expenses	69.31	62.85	58.46	49.33	41.34	39.77
Operating Income	66.87	70.76	72.08	64.57	59.33	25.99
Interest Expense	-10.65	-13.42	-12	-6.71	-5.12	-5.1
Interest & Investment Income	-	-	-	-	0.01	-
Other Non-Operating Income	5.45	8.18	5.43	3.67	1.74	1.15
EBT Excluding Unusual Items	61.66	65.52	65.51	61.53	55.96	22.03
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.24
Pretax Income	83.22	65.52	65.51	61.53	55.96	21.8
Income Tax Expense	0.91	0.71	0.69	0.65	0.59	0.23
Earnings From Continuing Operations	82.31	64.81	64.81	60.87	55.38	21.57
Minority Interest in Earnings	0.55	0.4	0.18	0.21	0.03	0.2
Net Income	82.85	65.21	64.99	61.08	55.41	21.77
Net Income to Common	82.85	65.21	64.99	61.08	55.41	21.77
Net Income Growth	25.71%	0.34%	6.40%	10.24%	154.51%	-61.41%
Basic Shares Outstanding	1,479	1,479	1,479	1,479	1,479	1,478
Diluted Shares Outstanding	1,479	1,479	1,479	1,479	1,479	1,478
Shares Change (YoY)	0.01%	-0.00%	-0.01%	-0.00%	0.04%	0.20%
EPS (Basic)	0.06	0.04	0.04	0.04	0.04	0.01
EPS (Diluted)	0.06	0.04	0.04	0.04	0.04	0.01
EPS Growth	25.70%	0.35%	6.41%	10.24%	154.41%	-61.49%
Dividend Per Share	0.013	0.013	0.013	0.012	0.011	0.004
Dividend Growth	5.60%	5.60%	5.93%	6.31%	146.67%	-54.55%
Operating Margin	49.10%	52.96%	55.22%	56.69%	58.93%	39.52%
Profit Margin	60.84%	48.80%	49.79%	53.63%	55.03%	33.11%
EBITDA	83.6	87.54	89.62	79.64	73.03	39.2
EBITDA Margin	61.38%	65.51%	68.65%	69.93%	72.54%	59.61%
D&A For Ebitda	16.72	16.77	17.54	15.08	13.7	13.21
EBIT	66.87	70.76	72.08	64.57	59.33	25.99
EBIT Margin	49.10%	52.96%	55.22%	56.69%	58.93%	39.52%
Effective Tax Rate	1.10%	1.09%	1.06%	1.06%	1.05%	1.07%
Revenue as Reported	135.2	132.83	130.3	113.22	100.51	65.54

Updated Jan 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.