National Investments Company K.S.C.P. (KWSE: NINV)

NINV 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
Operating Revenue	11.13	10.47	12.16	10.85	7.9	6.29
Other Revenue	15.38	2.86	6.35	28.7	1.71	12.64
Revenue	26.51	13.33	18.5	39.55	9.6	18.94
Revenue Growth (YoY)	158.49%	-27.95%	-53.21%	311.84%	-49.29%	27.19%
Cost of Revenue	0.01	0.01	0.01	-	0.2	-
Gross Profit	26.5	13.33	18.49	39.55	9.41	18.94
Selling, General & Admin	9.66	8.46	9.14	9.54	6.41	6.94
Operating Expenses	9.98	8.79	9.48	9.94	6.89	7.1
Operating Income	16.52	4.54	9.01	29.61	2.51	11.84
Interest Expense	-2.65	-1.83	-1.19	-0.67	-0.52	-0.29
Currency Exchange Gain (Loss)	-0.06	0.44	0.51	0.18	0.55	0.28
EBT Excluding Unusual Items	13.82	3.14	8.32	29.11	2.55	11.82
Gain (Loss) on Sale of Investments	-	-	-	-	-2.19	-
Gain (Loss) on Sale of Assets	0.08	-	0.17	0.14	1.09	-0.37
Asset Writedown	-1.75	0.04	0.98	-0.52	-2.78	0.06
Legal Settlements	1.32	1.32	-	-0.25	-0.9	-1.25
Other Unusual Items	-	-	-	-	-	1.39
Pretax Income	13.47	4.51	9.47	28.49	-2.24	11.66
Income Tax Expense	0.24	0.02	0.3	1.22	-	0.47
Earnings From Continuing Operations	13.23	4.49	9.17	27.27	-2.24	11.19
Minority Interest in Earnings	-1.39	-0.35	-0.43	-2.88	-0.42	-0.46
Net Income	11.84	4.14	8.74	24.39	-2.66	10.73
Net Income to Common	11.84	4.14	8.74	24.39	-2.66	10.73
Net Income Growth	382.16%	-52.62%	-64.18%	-	-	45.65%
Shares Outstanding (Basic)	797	797	797	795	798	798
Shares Outstanding (Diluted)	797	797	797	795	798	798
Shares Change (YoY)	0.00%	-0.05%	0.32%	-0.38%	-	-0.17%
EPS (Basic)	0.01	0.01	0.01	0.03	-0.00	0.01
EPS (Diluted)	0.01	0.01	0.01	0.03	-0.00	0.01
EPS Growth	382.18%	-52.60%	-64.30%	-	-	45.89%
Free Cash Flow	-9.26	-7.89	16.34	8.7	-8.77	13.59
Free Cash Flow Per Share	-0.01	-0.01	0.02	0.01	-0.01	0.02
Dividend Per Share	0.015	0.015	0.028	0.045	0.011	0.009
Dividend Growth	-46.43%	-46.43%	-37.78%	309.09%	22.22%	12.50%
Gross Margin	99.98%	99.95%	99.94%	100.00%	97.95%	100.00%
Operating Margin	62.33%	34.03%	48.68%	74.87%	26.18%	62.52%
Profit Margin	44.65%	31.05%	47.21%	61.67%	-27.68%	56.65%
Free Cash Flow Margin	-34.95%	-59.16%	88.30%	22.01%	-91.29%	71.75%
EBITDA	16.78	4.78	9.26	29.91	2.82	11.99
EBITDA Margin	63.29%	35.87%	50.02%	75.63%	29.31%	63.34%
D&A For EBITDA	0.26	0.25	0.25	0.3	0.3	0.16
EBIT	16.52	4.54	9.01	29.61	2.51	11.84
EBIT Margin	62.33%	34.03%	48.68%	74.87%	26.18%	62.52%
Effective Tax Rate	1.78%	0.42%	3.20%	4.29%	-	4.03%
Revenue as Reported	26.89	13.8	19.93	39.78	9	20.33

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