KWSE:SOOR 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	158.57	153.22	157.74	149.41	131.52
Revenue Growth (YoY)	3.49%	-2.86%	5.57%	13.61%	12.99%
Cost of Revenue	156.43	151.42	154.77	146.18	129.51
Gross Profit	2.14	1.8	2.97	3.24	2.01
Selling, General & Admin	4.09	3.82	5.1	4.96	4.39
Other Operating Expenses	0.17	0.13	0.11	0.09	0.09
Operating Expenses	4.26	3.97	5.23	5.07	4.57
Operating Income	-2.12	-2.17	-2.26	-1.83	-2.56
Interest & Investment Income	4.23	3.1	2.64	1.99	1.28
Other Non Operating Income (Expenses)	3.21	3.96	4	3.38	3.54
EBT Excluding Unusual Items	5.32	4.89	4.38	3.54	2.26
Impairment of Goodwill	-	-	-0.21	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	1.27
Asset Writedown	-	-	-	-	-0.2
Pretax Income	5.32	4.89	4.17	3.54	3.33
Income Tax Expense	0.06	0.05	0.04	0.04	0.04
Net Income	5.26	4.84	4.13	3.5	3.3
Net Income to Common	5.26	4.84	4.13	3.5	3.3
Net Income Growth	8.72%	17.19%	17.79%	6.32%	26.38%
Shares Outstanding (Basic)	421	421	421	421	421
Shares Outstanding (Diluted)	421	421	421	421	421
Shares Change (YoY)	-0.00%	-	-	-	0.04%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	8.72%	17.20%	17.79%	6.32%	26.34%
Free Cash Flow	5.93	5.74	5.57	6.3	7.6
Free Cash Flow Per Share	0.01	0.01	0.01	0.01	0.02
Dividend Per Share	-	0.007	0.005	0.005	0.005
Dividend Growth	-	39.58%	-	-	-
Gross Margin	1.35%	1.18%	1.88%	2.17%	1.53%
Operating Margin	-1.34%	-1.42%	-1.43%	-1.22%	-1.95%
Profit Margin	3.32%	3.16%	2.62%	2.35%	2.51%
Free Cash Flow Margin	3.74%	3.74%	3.53%	4.22%	5.78%
EBITDA	1.57	-0.01	-0.35	0.67	0.05
EBITDA Margin	0.99%	-0.01%	-0.22%	0.45%	0.04%
D&A For EBITDA	3.69	2.16	1.91	2.5	2.61
EBIT	-2.12	-2.17	-2.26	-1.83	-2.56
EBIT Margin	-1.34%	-1.42%	-1.43%	-1.22%	-1.95%
Effective Tax Rate	1.13%	1.05%	1.06%	1.05%	1.05%

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