Al-Maidan Clinic for Oral Health Services Company K.S.C.P. (KWSE:MIDAN)

KWSE:MIDAN Income Statement

Financials in millions KWD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	75.89	75.75	72.6	70.82	60.94	55.26
Revenue Growth (YoY)	1.04%	4.35%	2.52%	16.21%	10.27%	13.05%
Cost of Revenue	55.35	53.64	47.69	47.01	40.17	37.57
Gross Profit	20.54	22.12	24.91	23.81	20.77	17.7
Selling, General & Admin	8.41	9.09	8.47	8.88	9.96	10.38
Other Operating Expenses	0.43	0.39	0.44	0.38	0.33	0.24
Operating Expenses	13.55	12.32	12.02	10.61	13.92	11.98
Operating Income	6.99	9.8	12.89	13.2	6.86	5.72
Interest Expense	-0.16	-0.17	-0.1	-0.1	-0.12	-0.12
Interest & Investment Income	0.23	0.33	0.18	0.09	0.04	0.09
Earnings From Equity Investments	0.1	-0.36	-1.07	-0.05	-	-
Other Non Operating Income (Expenses)	2.54	2.55	1.39	0.93	0.67	1.37
EBT Excluding Unusual Items	9.7	12.15	13.29	14.07	7.44	7.05
Gain (Loss) on Sale of Investments	0.97	0.15	-0.67	-1.37	0.44	-0.54
Asset Writedown	-	-	0.02	-2.16	-	-
Other Unusual Items	0.91	-0.34	-0.31	-0.13	0.05	-
Pretax Income	11.58	11.97	12.34	10.41	7.93	6.51
Income Tax Expense	0.18	0.16	0.18	0.15	0.13	0.1
Earnings From Continuing Operations	11.4	11.81	12.16	10.25	7.8	6.41
Minority Interest in Earnings	-0	0.01	0.02	0.03	0	0
Net Income	11.4	11.82	12.18	10.28	7.81	6.42
Net Income to Common	11.4	11.82	12.18	10.28	7.81	6.42
Net Income Growth	-23.93%	-3.00%	18.49%	31.70%	21.60%	5.77%
Shares Outstanding (Basic)	199	206	224	225	225	225
Shares Outstanding (Diluted)	199	206	224	225	225	225
Shares Change (YoY)	-7.43%	-7.81%	-0.50%	-	-	-
EPS (Basic)	0.06	0.06	0.05	0.05	0.03	0.03
EPS (Diluted)	0.06	0.06	0.05	0.05	0.03	0.03
EPS Growth	-17.82%	5.22%	19.09%	31.70%	21.60%	5.78%
Free Cash Flow	6.57	12.57	13.62	19.94	6.9	9.19
Free Cash Flow Per Share	0.03	0.06	0.06	0.09	0.03	0.04
Dividend Per Share	0.010	0.010	0.006	-	0.011	0.008
Dividend Growth	78.57%	78.57%	-	-	42.31%	-
Gross Margin	27.07%	29.20%	34.32%	33.62%	34.09%	32.02%
Operating Margin	9.21%	12.94%	17.76%	18.64%	11.25%	10.35%
Profit Margin	15.03%	15.60%	16.78%	14.52%	12.81%	11.62%
Free Cash Flow Margin	8.65%	16.60%	18.75%	28.16%	11.32%	16.64%
EBITDA	9.2	11.82	14.63	14.84	10.11	8.61
EBITDA Margin	12.12%	15.61%	20.16%	20.96%	16.59%	15.58%
D&A For EBITDA	2.21	2.02	1.74	1.64	3.26	2.89
EBIT	6.99	9.8	12.89	13.2	6.86	5.72
EBIT Margin	9.21%	12.94%	17.76%	18.64%	11.25%	10.35%
Effective Tax Rate	1.54%	1.31%	1.45%	1.46%	1.65%	1.49%
Revenue as Reported	0.13	-	-	-	-	-

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