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

NAPESCO Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	39.97	39.52	37.18	27.87	26.76	35.16
Revenue Growth (YoY)	-0.43%	6.29%	33.42%	4.17%	-23.90%	4.94%
Cost of Revenue	27.99	28.65	27.85	21.36	18.93	21.62
Gross Profit	11.98	10.87	9.33	6.51	7.83	13.54
Selling, General & Admin	3.44	3.11	2.17	1.86	2.12	1.97
Other Operating Expenses	0.25	0.21	0.2	0.14	0.18	0.32
Operating Expenses	3.86	3.25	2.58	2.01	2.3	2.28
Operating Income	8.11	7.63	6.75	4.51	5.53	11.26
Interest Expense	-0.02	-0.02	-0.03	-0.02	-0.05	-0.04
Interest & Investment Income	0.67	0.93	0.29	0.28	0.41	0.28
Other Non Operating Income (Expenses)	0.2	0.15	0.34	0	-0.02	0.15
EBT Excluding Unusual Items	12.37	8.68	7.35	4.76	5.87	11.65
Gain (Loss) on Sale of Investments	-	-	-0.44	-0.11	-	-0.17
Gain (Loss) on Sale of Assets	-	-	-	0.24	0.02	0.02
Other Unusual Items	-	-	-	-	0.45	-
Pretax Income	12.37	8.68	6.9	4.89	6.34	11.5
Income Tax Expense	0.13	0.09	0.08	0.06	0.07	0.13
Earnings From Continuing Operations	12.24	8.6	6.82	4.83	6.27	11.37
Minority Interest in Earnings	-1.57	0	0	-0	0	0
Net Income	10.67	8.6	6.82	4.83	6.27	11.37
Net Income to Common	10.67	8.6	6.82	4.83	6.27	11.37
Net Income Growth	36.05%	25.96%	41.15%	-22.88%	-44.88%	-3.57%
Shares Outstanding (Basic)	92	97	97	97	97	97
Shares Outstanding (Diluted)	92	97	97	97	97	97
Shares Change (YoY)	-5.20%	-0.06%	-	-	-	-0.02%
EPS (Basic)	0.12	0.09	0.07	0.05	0.06	0.12
EPS (Diluted)	0.12	0.09	0.07	0.05	0.06	0.12
EPS Growth	43.52%	26.03%	41.15%	-22.88%	-44.88%	-3.55%
Free Cash Flow	8.07	8.79	5.74	7.12	2.67	7.09
Free Cash Flow Per Share	0.09	0.09	0.06	0.07	0.03	0.07
Dividend Per Share	0.060	0.060	0.050	0.035	0.064	0.070
Dividend Growth	20.00%	20.00%	42.86%	-45.31%	-8.57%	0%
Gross Margin	29.97%	27.51%	25.09%	23.37%	29.25%	38.50%
Operating Margin	20.30%	19.29%	18.15%	16.17%	20.67%	32.01%
Profit Margin	26.70%	21.75%	18.35%	17.35%	23.43%	32.35%
Free Cash Flow Margin	20.19%	22.24%	15.44%	25.55%	9.99%	20.16%
EBITDA	10.88	10.16	8.93	6.6	7.65	13.29
EBITDA Margin	27.23%	25.71%	24.02%	23.69%	28.61%	37.80%
D&A For EBITDA	2.77	2.54	2.18	2.1	2.12	2.03
EBIT	8.11	7.63	6.75	4.51	5.53	11.26
EBIT Margin	20.30%	19.29%	18.15%	16.17%	20.67%	32.01%
Effective Tax Rate	1.02%	0.99%	1.16%	1.17%	1.13%	1.10%

Source: S&P Capital IQ. Standard template. Financial Sources.