National Petroleum Services Company K.S.C.P. (KWSE:NAPESCO)

KWSE:NAPESCO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	45.89	41.03	39.52	37.18	27.87	26.76
Revenue Growth (YoY)	16.75%	3.81%	6.29%	33.42%	4.17%	-23.90%
Cost of Revenue	30.16	27.85	28.65	27.85	21.36	18.93
Gross Profit	15.73	13.18	10.87	9.33	6.51	7.83
Selling, General & Admin	4.05	3.66	3.11	2.17	1.86	2.12
Other Operating Expenses	0.41	0.39	0.21	0.2	0.14	0.18
Operating Expenses	4.62	4.3	3.25	2.58	2.01	2.3
Operating Income	11.11	8.89	7.63	6.75	4.51	5.53
Interest Expense	-0.01	-0.01	-0.02	-0.03	-0.02	-0.05
Interest & Investment Income	0.65	0.61	0.93	0.29	0.28	0.41
Earnings From Equity Investments	4.24	4.6	-	-	-	-
Other Non Operating Income (Expenses)	0.07	0.15	0.15	0.34	0	-0.02
EBT Excluding Unusual Items	16.06	14.24	8.68	7.35	4.76	5.87
Gain (Loss) on Sale of Investments	-	-	-	-0.44	-0.11	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.24	0.02
Other Unusual Items	2.61	2.61	-	-	-	0.45
Pretax Income	18.67	16.85	8.68	6.9	4.89	6.34
Income Tax Expense	0.12	0.12	0.09	0.08	0.06	0.07
Earnings From Continuing Operations	18.55	16.73	8.6	6.82	4.83	6.27
Minority Interest in Earnings	-3.77	-3.3	0	0	-0	0
Net Income	14.78	13.42	8.6	6.82	4.83	6.27
Net Income to Common	14.78	13.42	8.6	6.82	4.83	6.27
Net Income Growth	68.64%	56.17%	25.96%	41.16%	-22.88%	-44.88%
Shares Outstanding (Basic)	90	90	97	97	97	97
Shares Outstanding (Diluted)	90	90	97	97	97	97
Shares Change (YoY)	-5.18%	-6.81%	-0.06%	-	-	-
EPS (Basic)	0.16	0.15	0.09	0.07	0.05	0.06
EPS (Diluted)	0.16	0.15	0.09	0.07	0.05	0.06
EPS Growth	77.86%	67.59%	26.03%	41.15%	-22.88%	-44.88%
Free Cash Flow	14.03	13.79	8.79	5.74	7.12	2.67
Free Cash Flow Per Share	0.15	0.15	0.09	0.06	0.07	0.03
Dividend Per Share	0.070	0.070	0.060	0.050	0.035	0.064
Dividend Growth	16.67%	16.67%	20.00%	42.86%	-45.31%	-8.57%
Gross Margin	34.28%	32.13%	27.51%	25.09%	23.37%	29.25%
Operating Margin	24.22%	21.66%	19.29%	18.15%	16.17%	20.67%
Profit Margin	32.20%	32.72%	21.75%	18.35%	17.35%	23.43%
Free Cash Flow Margin	30.57%	33.61%	22.24%	15.44%	25.55%	9.99%
EBITDA	14.08	11.73	10.16	8.93	6.6	7.65
EBITDA Margin	30.68%	28.59%	25.71%	24.02%	23.69%	28.61%
D&A For EBITDA	2.97	2.84	2.54	2.18	2.1	2.12
EBIT	11.11	8.89	7.63	6.75	4.51	5.53
EBIT Margin	24.22%	21.66%	19.29%	18.15%	16.17%	20.67%
Effective Tax Rate	0.64%	0.71%	0.99%	1.16%	1.17%	1.13%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.