National Industries Company - KPSC (KWSE:NICBM)

KWSE:NICBM 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	50.88	51.42	49.98	48.13	43.05	36.19
Revenue Growth (YoY)	2.56%	2.89%	3.83%	11.82%	18.94%	-24.75%
Cost of Revenue	41.09	41.49	39.91	37.9	33.01	30.1
Gross Profit	9.79	9.93	10.07	10.23	10.04	6.1
Selling, General & Admin	7.7	7.71	7.67	6.86	6.54	6.47
Other Operating Expenses	-0.81	-0.46	-0.46	-0.97	-0.81	-0.59
Operating Expenses	7.32	7.87	7.25	6.09	5.96	6.07
Operating Income	2.47	2.06	2.82	4.14	4.08	0.03
Interest Expense	-0.19	-0.18	-0.12	-0.14	-0.07	-0.06
Interest & Investment Income	2.65	2.52	1.7	0.68	1.29	0.11
Earnings From Equity Investments	-0.16	-0.16	-0.24	-0.25	-0.1	-0.19
Currency Exchange Gain (Loss)	0.08	0.08	-0.01	-0	-0	0
Other Non Operating Income (Expenses)	-0.05	-0.06	-0.04	-0.04	-0.04	-
EBT Excluding Unusual Items	4.8	4.27	4.1	4.39	5.16	-0.11
Gain (Loss) on Sale of Investments	-	-0.09	-0.15	-	-	-
Asset Writedown	-	-	-	0.18	0.52	0.05
Legal Settlements	0.01	2.13	-	-	-	-
Other Unusual Items	-	-	-	-	-	0.23
Pretax Income	4.81	6.32	3.95	4.56	5.68	0.17
Income Tax Expense	0.03	0.06	0.04	0.05	0.05	0
Earnings From Continuing Operations	4.78	6.26	3.91	4.51	5.62	0.17
Earnings From Discontinued Operations	-	-	-0.09	-0.25	-1.64	-0.9
Net Income to Company	4.78	6.26	3.82	4.27	3.98	-0.73
Minority Interest in Earnings	-0.26	-0.2	0.03	0.11	0.54	0.67
Net Income	4.52	6.06	3.85	4.38	4.51	-0.06
Net Income to Common	4.52	6.06	3.85	4.38	4.51	-0.06
Net Income Growth	-17.02%	57.53%	-12.25%	-2.89%	-	-
Shares Outstanding (Basic)	349	350	350	350	350	350
Shares Outstanding (Diluted)	351	352	351	351	351	351
Shares Change (YoY)	-0.09%	0.14%	0.07%	0.03%	-0.10%	0.45%
EPS (Basic)	0.01	0.02	0.01	0.01	0.01	-0.00
EPS (Diluted)	0.01	0.02	0.01	0.01	0.01	-0.00
EPS Growth	-17.24%	57.27%	-12.27%	-2.96%	-	-
Free Cash Flow	4.55	4.83	10.65	4.59	5.58	2.34
Free Cash Flow Per Share	0.01	0.01	0.03	0.01	0.02	0.01
Dividend Per Share	0.010	0.010	0.010	0.010	0.010	-
Gross Margin	19.24%	19.31%	20.14%	21.26%	23.32%	16.84%
Operating Margin	4.85%	4.01%	5.63%	8.60%	9.48%	0.07%
Profit Margin	8.88%	11.78%	7.70%	9.11%	10.49%	-0.18%
Free Cash Flow Margin	8.95%	9.39%	21.31%	9.54%	12.96%	6.47%
EBITDA	5.81	5.44	5.94	7	6.9	3.31
EBITDA Margin	11.43%	10.58%	11.89%	14.55%	16.02%	9.14%
D&A For EBITDA	3.35	3.38	3.13	2.86	2.82	3.28
EBIT	2.47	2.06	2.82	4.14	4.08	0.03
EBIT Margin	4.85%	4.01%	5.63%	8.60%	9.48%	0.07%
Effective Tax Rate	0.69%	0.88%	0.96%	1.09%	0.95%	1.84%

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.