KWSE:MIDAN Income Statement

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

Millions KWD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	63.44	72	75.75	72.6	70.82	60.94
Revenue Growth (YoY)	-16.40%	-4.96%	4.35%	2.52%	16.21%	10.27%
Cost of Revenue	51.65	53.16	53.64	47.69	47.01	40.17
Gross Profit	11.79	18.84	22.12	24.91	23.81	20.77
Selling, General & Admin	4.95	8.83	9.09	8.47	8.88	9.96
Other Operating Expenses	0.31	0.36	0.39	0.44	0.38	0.33
Operating Expenses	8.23	12.72	12.32	12.02	10.61	13.92
Operating Income	3.55	6.12	9.8	12.89	13.2	6.86
Interest Expense	-0.12	-0.11	-0.17	-0.1	-0.1	-0.12
Interest & Investment Income	2.03	2.03	2.16	0.18	0.09	0.04
Earnings From Equity Investments	0.18	-0.28	-0.36	-1.07	-0.05	-
Other Non Operating Income (Expenses)	1.07	1.89	0.72	1.39	0.93	0.67
EBT Excluding Unusual Items	6.72	9.65	12.15	13.29	14.07	7.44
Gain (Loss) on Sale of Investments	0.63	1.27	0.15	-0.67	-1.37	0.44
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	-	-	-
Asset Writedown	-	-	-	0.02	-2.16	-
Other Unusual Items	-0.57	-1.49	-0.34	-0.31	-0.13	0.05
Pretax Income	6.76	9.41	11.97	12.34	10.41	7.93
Income Tax Expense	0.12	0.14	0.16	0.18	0.15	0.13
Earnings From Continuing Operations	6.64	9.27	11.81	12.16	10.25	7.8
Minority Interest in Earnings	-0.01	-0	0.01	0.02	0.03	0
Net Income	6.63	9.27	11.82	12.18	10.28	7.81
Net Income to Common	6.63	9.27	11.82	12.18	10.28	7.81
Net Income Growth	-41.87%	-21.57%	-3.00%	18.49%	31.70%	21.60%
Shares Outstanding (Basic)	203	203	206	224	225	225
Shares Outstanding (Diluted)	203	203	206	224	225	225
Shares Change (YoY)	1.91%	-1.88%	-7.81%	-0.50%	-	-
EPS (Basic)	0.03	0.05	0.06	0.05	0.05	0.03
EPS (Diluted)	0.03	0.05	0.06	0.05	0.05	0.03
EPS Growth	-42.96%	-20.07%	5.22%	19.09%	31.70%	21.60%
Free Cash Flow	7.23	8.98	12.57	13.62	19.94	6.9
Free Cash Flow Per Share	0.04	0.04	0.06	0.06	0.09	0.03
Dividend Per Share	0.015	0.015	0.010	0.006	-	0.011
Dividend Growth	50.00%	50.00%	78.57%	-	-	42.31%
Gross Margin	18.58%	26.17%	29.20%	34.32%	33.62%	34.09%
Operating Margin	5.60%	8.50%	12.94%	17.76%	18.64%	11.25%
Profit Margin	10.45%	12.87%	15.60%	16.78%	14.52%	12.81%
Free Cash Flow Margin	11.40%	12.47%	16.60%	18.75%	28.16%	11.32%
EBITDA	5.9	8.39	11.82	14.63	14.84	10.11
EBITDA Margin	9.30%	11.65%	15.61%	20.16%	20.96%	16.59%
D&A For EBITDA	2.35	2.26	2.02	1.74	1.64	3.26
EBIT	3.55	6.12	9.8	12.89	13.2	6.86
EBIT Margin	5.60%	8.50%	12.94%	17.76%	18.64%	11.25%
Effective Tax Rate	1.85%	1.53%	1.31%	1.45%	1.46%	1.65%

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