KWSE:RASIYAT 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
Property Management Fees	-	0	0.01	0.01	0.01
Gain (Loss) on Sale of Investments (Rev)	0.3	0.51	0.2	0.05	0
Other Revenue	10.32	6.79	4.3	3.3	3.21
Total Revenue	10.62	7.3	4.52	3.36	3.21
Revenue Growth (YoY	45.47%	61.68%	34.52%	4.44%	44.12%
Property Expenses	3.66	3.34	2.3	2.09	1.79
Selling, General & Administrative	2.09	1.12	0.55	0.36	0.33
Depreciation & Amortization	1.73	1.38	0.79	0.72	0.44
Other Operating Expenses	0.07	-	0.02	0.01	0.01
Total Operating Expenses	7.58	5.87	3.71	3.23	2.62
Operating Income	3.04	1.43	0.81	0.13	0.6
Interest Expense	-0.66	-0.55	-0.17	-0.15	-0.09
Currency Exchange Gain (Loss)	-0.06	0.04	-0.01	0.01	-0
Other Non-Operating Income	-0.05	-0.03	-	-	0.03
EBT Excluding Unusual Items	2.27	0.88	0.63	-0.01	0.53
Gain (Loss) on Sale of Investments	-0.05	-0.04	-0.01	-	-
Gain (Loss) on Sale of Assets	-	-	-0.04	-	0
Asset Writedown	0.62	0.04	0.02	0.39	-0.08
Other Unusual Items	-	-	0.04	-	-
Pretax Income	2.84	0.88	0.63	0.39	0.46
Income Tax Expense	0.05	0.03	0.01	0.01	0
Earnings From Continuing Operations	2.79	0.86	0.62	0.38	0.45
Earnings From Discontinued Operations	-	-	-	-	0.04
Net Income to Company	2.79	0.86	0.62	0.38	0.49
Minority Interest in Earnings	-0.34	0.11	-0.01	-0.17	-0.13
Net Income	2.45	0.97	0.61	0.21	0.36
Net Income to Common	2.45	0.97	0.61	0.21	0.36
Net Income Growth	154.31%	59.06%	193.06%	-43.15%	-
Basic Shares Outstanding	150	150	150	150	150
Diluted Shares Outstanding	150	150	150	150	150
EPS (Basic)	0.02	0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	0.01	0.00	0.00	0.00
EPS Growth	154.31%	59.06%	193.12%	-43.14%	-
Operating Margin	28.60%	19.55%	17.89%	3.76%	18.52%
Profit Margin	23.11%	13.22%	13.43%	6.17%	11.33%
EBITDA	4.4	2.49	1.39	0.64	1.05
EBITDA Margin	41.38%	34.04%	30.76%	19.09%	32.61%
D&A For Ebitda	1.36	1.06	0.58	0.51	0.45
EBIT	3.04	1.43	0.81	0.13	0.6
EBIT Margin	28.60%	19.55%	17.89%	3.76%	18.52%
Effective Tax Rate	1.78%	3.01%	1.47%	1.34%	0.95%
Revenue as Reported	11.24	7.38	4.55	3.77	3.2

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