Umm Al Qaiwain General Investments Company P.S.C. (KWSE:QIC)

KWSE:QIC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Other Revenue	87.8	32.51	35.14	57.15	65.2
Revenue	87.8	32.51	35.14	57.15	65.2
Revenue Growth (YoY)	170.10%	-7.49%	-38.51%	-12.35%	160.62%
Cost of Revenue	0.13	0.15	0.78	0.67	-
Gross Profit	87.68	32.36	34.36	56.48	65.2
Selling, General & Admin	5.54	3.63	3.69	4.06	4.1
Operating Expenses	5.54	3.63	3.69	4.06	4.1
Operating Income	82.14	28.73	30.67	52.41	61.1
Interest Expense	-0.46	-2.78	-3.65	-2.93	-1.77
Other Non Operating Income (Expenses)	-	-	-0.06	-0	-
EBT Excluding Unusual Items	81.68	25.94	26.97	49.48	59.33
Pretax Income	81.68	25.94	26.97	49.48	59.33
Income Tax Expense	1.4	0.54	-	-	-
Earnings From Continuing Operations	80.28	25.4	26.97	49.48	59.33
Net Income	80.28	25.4	26.97	49.48	59.33
Net Income to Common	80.28	25.4	26.97	49.48	59.33
Net Income Growth	216.07%	-5.81%	-45.50%	-16.61%	210.23%
Shares Outstanding (Basic)	363	363	363	363	363
Shares Outstanding (Diluted)	363	363	363	363	363
EPS (Basic)	0.22	0.07	0.07	0.14	0.16
EPS (Diluted)	0.22	0.07	0.07	0.14	0.16
EPS Growth	216.07%	-5.81%	-45.50%	-16.61%	210.23%
Free Cash Flow	24.1	50.97	22.48	54.07	-74.75
Free Cash Flow Per Share	0.07	0.14	0.06	0.15	-0.21
Dividend Per Share	0.080	0.060	0.060	0.060	0.060
Dividend Growth	33.33%	-	-	-	20.00%
Gross Margin	99.86%	99.54%	97.78%	98.83%	100.00%
Operating Margin	93.55%	88.37%	87.29%	91.72%	93.72%
Profit Margin	91.43%	78.13%	76.74%	86.58%	91.00%
Free Cash Flow Margin	27.45%	156.79%	63.97%	94.62%	-114.65%
EBIT	82.14	28.73	30.67	52.41	61.1
EBIT Margin	93.55%	88.37%	87.29%	91.72%	93.72%
Effective Tax Rate	1.71%	2.10%	-	-	-
Revenue as Reported	87.8	32.51	35.14	57.15	65.2
Advertising Expenses	0.05	0.01	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.