KWSE:OOREDOO Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	774.39	710.53	653.24	620.31	601.73
Revenue Growth (YoY)	8.99%	8.77%	5.31%	3.09%	1.50%
Cost of Revenue	439.28	420.14	380.01	375.22	377.01
Gross Profit	335.11	290.38	273.23	245.09	224.72
Selling, General & Admin	34.38	31.56	29.6	29.59	27.67
Other Operating Expenses	5.42	14.85	-33.18	6.06	1.32
Operating Expenses	185.18	178.11	131.66	168.46	172.62
Operating Income	149.93	112.27	141.57	76.63	52.1
Interest Expense	-14.03	-10.22	-8.88	-8.4	-9.86
Interest & Investment Income	8.37	6.24	5.76	3.45	2.71
Other Non Operating Income (Expenses)	4.12	-4.01	-3.56	-5.15	-5.52
EBT Excluding Unusual Items	148.39	104.28	134.9	66.52	39.43
Impairment of Goodwill	-9.26	-8.41	-23.11	-	-
Asset Writedown	-0.04	-0.93	-1.44	-	-0.14
Pretax Income	139.09	94.94	110.36	66.52	39.29
Income Tax Expense	40.4	28.43	26.16	16.79	14.08
Earnings From Continuing Operations	98.69	66.51	84.2	49.73	25.22
Minority Interest in Earnings	-21.53	-17.1	-11.38	-10.27	-5.97
Net Income	77.17	49.41	72.82	39.46	19.25
Net Income to Common	77.17	49.41	72.82	39.46	19.25
Net Income Growth	56.17%	-32.15%	84.53%	105.00%	467.85%
Shares Outstanding (Basic)	501	501	501	501	501
Shares Outstanding (Diluted)	501	501	501	501	501
EPS (Basic)	0.15	0.10	0.15	0.08	0.04
EPS (Diluted)	0.15	0.10	0.15	0.08	0.04
EPS Growth	56.17%	-32.15%	84.53%	105.01%	467.86%
Free Cash Flow	149.78	133.37	160.59	110.65	101.08
Free Cash Flow Per Share	0.30	0.27	0.32	0.22	0.20
Dividend Per Share	0.150	0.090	0.140	0.070	0.035
Dividend Growth	66.67%	-35.71%	100.00%	100.00%	133.33%
Gross Margin	43.27%	40.87%	41.83%	39.51%	37.35%
Operating Margin	19.36%	15.80%	21.67%	12.35%	8.66%
Profit Margin	9.96%	6.95%	11.15%	6.36%	3.20%
Free Cash Flow Margin	19.34%	18.77%	24.58%	17.84%	16.80%
EBITDA	260.34	213.49	249.8	186.13	173.28
EBITDA Margin	33.62%	30.05%	38.24%	30.01%	28.80%
D&A For EBITDA	110.41	101.22	108.23	109.5	121.18
EBIT	149.93	112.27	141.57	76.63	52.1
EBIT Margin	19.36%	15.80%	21.67%	12.35%	8.66%
Effective Tax Rate	29.04%	29.94%	23.71%	25.24%	35.82%
Revenue as Reported	777.92	713.27	699.25	621.26	606.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.