Al Madar Kuwait Holding Company K.S.C.P. (KWSE:MADAR)

KWSE:MADAR Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	0.48	0.54	0.57	0.67	0.68
Property Management Fees	-	-	-	-	0
Gain (Loss) on Sale of Investments (Rev)	0.08	0.28	-0.04	0	0.07
Other Revenue	0.1	0.01	0.11	0.23	0.35
Total Revenue	0.68	0.86	0.66	0.91	1.11
Revenue Growth (YoY	-20.22%	29.65%	-27.07%	-18.59%	-18.05%
Property Expenses	0.01	0.01	0.02	0.02	0.15
Selling, General & Administrative	0.6	0.69	0.62	0.8	0.71
Total Operating Expenses	0.6	0.7	0.63	0.81	0.8
Operating Income	0.08	0.16	0.03	0.09	0.32
Interest Expense	-0.06	-0.05	-0.05	-0.04	-0.02
Currency Exchange Gain (Loss)	-0.02	0.01	-	-	-0.2
Other Non-Operating Income	-	-	-0	-0	-0
EBT Excluding Unusual Items	0	0.12	-0.02	0.05	0.09
Asset Writedown	0.09	-0.38	0.06	-	-
Total Legal Settlements	-	0.3	-	-	-
Pretax Income	0.1	0.04	0.04	0.05	0.09
Income Tax Expense	0	0	0	0	-
Earnings From Continuing Operations	0.09	0.04	0.04	0.05	0.09
Net Income to Company	0.09	0.04	0.04	0.05	0.09
Minority Interest in Earnings	-0.02	0.11	-0.03	-0.03	-0.09
Net Income	0.07	0.15	0.01	0.02	0
Net Income to Common	0.07	0.15	0.01	0.02	0
Net Income Growth	-52.26%	1762.34%	-51.65%	571.98%	-66.06%
Basic Shares Outstanding	207	207	207	207	207
Diluted Shares Outstanding	207	207	207	207	207
Shares Change (YoY)	-	-	-0.21%	-	-
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
EPS Growth	-52.33%	1771.79%	-51.25%	566.67%	-65.71%
Operating Margin	11.89%	18.69%	4.56%	10.36%	28.34%
Profit Margin	10.53%	17.59%	1.23%	1.85%	0.22%
EBITDA	-	-	0.03	0.1	0.32
EBITDA Margin	-	-	5.16%	10.80%	28.57%
D&A For Ebitda	-	-	0	0	0
EBIT	0.08	0.16	0.03	0.09	0.32
EBIT Margin	11.89%	18.69%	4.56%	10.36%	28.34%
Effective Tax Rate	1.82%	0.90%	0.14%	1.59%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.