Marakez Real Estate Development Company (K.P.S.C) (KWSE:MARAKEZ)

KWSE:MARAKEZ 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
Operating Revenue	0.04	0.06	0.07	0.06	0.01
Other Revenue	0.04	0.5	-	0	0.01
Revenue	0.08	0.56	0.07	0.07	0.02
Revenue Growth (YoY)	-85.41%	759.35%	-3.75%	327.48%	2111.47%
Gross Profit	0.08	0.56	0.07	0.07	0.02
Selling, General & Admin	0.23	0.12	0.13	0.15	0.11
Other Operating Expenses	0.07	-	-	-	0
Operating Expenses	0.3	0.12	0.13	0.15	0.11
Operating Income	-0.22	0.44	-0.06	-0.08	-0.09
Other Non Operating Income (Expenses)	2.31	-	-0	-	-
EBT Excluding Unusual Items	2.09	0.44	-0.06	-0.08	-0.09
Asset Writedown	0.74	-7.11	0.22	0.59	0.08
Legal Settlements	-	-	-	-0.11	-
Other Unusual Items	-0.03	-	-	-0	0.04
Pretax Income	2.8	-6.67	0.16	0.41	0.03
Income Tax Expense	0.03	-	-	-	0
Net Income	2.77	-6.67	0.16	0.41	0.03
Net Income to Common	2.77	-6.67	0.16	0.41	0.03
Net Income Growth	-	-	-61.31%	1205.65%	-8.05%
Shares Outstanding (Basic)	139	139	139	139	139
Shares Outstanding (Diluted)	139	139	139	139	139
Shares Change (YoY)	-	-	-	-	7.47%
EPS (Basic)	0.02	-0.05	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.05	0.00	0.00	0.00
EPS Growth	-	-	-61.30%	1209.42%	-14.56%
Free Cash Flow	-0.01	0	-0.05	-1.44	2.41
Free Cash Flow Per Share	-	-	-	-0.01	0.02
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-268.82%	78.32%	-92.44%	-116.48%	-581.14%
Profit Margin	3397.83%	-1193.98%	241.01%	599.60%	196.31%
Free Cash Flow Margin	-6.96%	0.01%	-76.87%	-2124.82%	15245.12%
EBITDA	-0.22	0.44	-0.06	-0.08	-0.09
EBITDA Margin	-268.72%	78.34%	-92.27%	-116.32%	-
D&A For EBITDA	0	0	0	0	0
EBIT	-0.22	0.44	-0.06	-0.08	-0.09
EBIT Margin	-268.82%	78.32%	-92.44%	-116.48%	-
Effective Tax Rate	1.04%	-	-	-	0.85%
Revenue as Reported	3.13	-6.55	0.28	0.66	0.14
Advertising Expenses	0	0	0	0	0

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