KWSE:QIC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Revenue	74.98	32.51	35.14	57.15	65.2	25.02
Revenue	74.98	32.51	35.14	57.15	65.2	25.02
Revenue Growth (YoY)	245.54%	-7.49%	-38.51%	-12.35%	160.62%	-7.49%
Cost of Revenue	0.72	0.72	0.78	0.67	-	-
Gross Profit	74.26	31.78	34.36	56.48	65.2	25.02
Selling, General & Admin	3.36	3.03	3.69	4.06	4.1	4.23
Operating Expenses	3.36	3.03	3.69	4.06	4.1	4.23
Operating Income	70.9	28.76	30.67	52.41	61.1	20.79
Interest Expense	-0.85	-2.78	-3.65	-2.93	-1.77	-1.66
Other Non Operating Income (Expenses)	-0.03	-0.03	-0.06	-0	-	-
EBT Excluding Unusual Items	70.02	25.94	26.97	49.48	59.33	19.13
Pretax Income	70.02	25.94	26.97	49.48	59.33	19.13
Income Tax Expense	1.61	0.54	-	-	-	-
Earnings From Continuing Operations	68.41	25.4	26.97	49.48	59.33	19.13
Net Income	68.41	25.4	26.97	49.48	59.33	19.13
Net Income to Common	68.41	25.4	26.97	49.48	59.33	19.13
Net Income Growth	380.20%	-5.81%	-45.50%	-16.61%	210.23%	-15.37%
Shares Outstanding (Basic)	363	363	363	363	363	363
Shares Outstanding (Diluted)	363	363	363	363	363	363
EPS (Basic)	0.19	0.07	0.07	0.14	0.16	0.05
EPS (Diluted)	0.19	0.07	0.07	0.14	0.16	0.05
EPS Growth	380.21%	-5.81%	-45.50%	-16.61%	210.23%	-15.37%
Free Cash Flow	59.35	50.97	22.48	54.07	-74.75	29.37
Free Cash Flow Per Share	0.16	0.14	0.06	0.15	-0.21	0.08
Dividend Per Share	0.060	0.060	0.060	0.060	0.060	0.050
Dividend Growth	-	-	-	-	20.00%	-
Gross Margin	99.04%	97.78%	97.78%	98.83%	100.00%	100.00%
Operating Margin	94.55%	88.46%	87.29%	91.72%	93.72%	83.10%
Profit Margin	91.23%	78.13%	76.74%	86.58%	91.00%	76.45%
Free Cash Flow Margin	79.15%	156.79%	63.97%	94.62%	-114.65%	117.40%
EBIT	70.9	28.76	30.67	52.41	61.1	20.79
EBIT Margin	94.55%	88.46%	87.29%	91.72%	93.72%	83.10%
Effective Tax Rate	2.30%	2.10%	-	-	-	-
Revenue as Reported	74.98	32.51	35.14	57.15	65.2	25.02

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