Makhazen (KWSE:MKHZN)
Kuwait flag Kuwait · Delayed Price · Currency is KWD · Price in KWF
0.1450
-0.0020 (-1.36%)
At close: Aug 6, 2026

Makhazen Income Statement

Millions KWD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
149.63151.46149.881,353863.38486.15
Revenue Growth
-0.95%1.06%-88.92%56.71%77.59%22.13%
Cost of Revenue
38.937.1232.59562.11406.09246.13
Gross Profit
110.73114.35117.29790.92457.29240.03
Selling, General & Admin
54.9558.4559.36564.63294.02144.04
Amortization of Goodwill & Intangibles
---10.326.444.8
Operating Expenses
103.6966.6267.25656.13345.96182.68
Operating Income
7.0447.7350.04134.79111.3357.34
Interest Expense
-13.08-11.4-16.69-40.62-32.16-21.12
Interest & Investment Income
1.681.351.868.065.390.41
Earnings From Equity Investments
7.766.95-0.336.19-1.984.45
Other Non Operating Income (Expenses)
1.711.661.625.085.459.96
EBT Excluding Unusual Items
5.1146.2936.51113.588.0251.05
Merger & Restructuring Charges
-----7.57-
Gain (Loss) on Sale of Investments
36.1536.15--2.59-6.28-13.8
Gain (Loss) on Sale of Assets
---1.23--
Asset Writedown
-210.57-17.930.0215.4722.5312
Legal Settlements
--42.6---
Pretax Income
-169.3264.5179.13127.696.749.25
Income Tax Expense
0.640.853.0619.879.676.68
Earnings From Continuing Operations
-169.9563.6676.08107.7387.0342.58
Earnings From Discontinued Operations
-345.96-343.4919.05--953.19
Net Income to Company
-515.91-279.8395.12107.7387.03995.77
Minority Interest in Earnings
-15.23-14.37-32.5-24.16-18.99-18.34
Net Income
-531.15-294.262.6383.5768.04977.43
Net Income to Common
-531.15-294.262.6383.5768.04977.43
Net Income Growth
---25.06%22.82%-93.04%2250.88%
Shares Outstanding (Basic)
2,5682,5522,4892,4982,5362,526
Shares Outstanding (Diluted)
2,5682,5522,4892,4982,5362,526
Shares Change
3.23%2.56%-0.37%-1.51%0.40%-
EPS (Basic)
-0.21-0.120.030.030.030.39
EPS (Diluted)
-0.21-0.120.030.030.030.39
EPS Growth
---24.78%24.70%-93.07%2250.95%

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
25.4454.55169.31159.3344.86116.25
Free Cash Flow Per Share
0.010.020.070.060.020.05
Dividend Per Share
0.0020.0020.0100.020-0.017
Dividend Growth
-80.00%-80.00%-50.00%--122.67%
Gross Margin
74.00%75.50%78.26%58.45%52.96%49.37%
Operating Margin
4.70%31.51%33.39%9.96%12.89%11.79%
Profit Margin
-354.99%-194.24%41.78%6.18%7.88%201.05%
Free Cash Flow Margin
17.00%36.01%112.96%11.78%5.20%23.91%
EBITDA
7.3472.8995.78181.98143.8691.05
EBITDA Margin
4.91%48.12%63.90%13.45%16.66%18.73%
D&A For EBITDA
0.325.1645.7447.232.5333.71
EBIT
7.0447.7350.04134.79111.3357.34
EBIT Margin
4.70%31.51%33.39%9.96%12.89%11.79%
Effective Tax Rate
-1.31%3.86%15.57%10.00%13.56%