THURAYA Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Rental Revenue	0.52	0.55	0.58	0.79	0.68	-	Upgrade
Gain (Loss) on Sale of Investments (Rev)	0.17	-0.02	0	0.08	0.32	-0.05	Upgrade
Other Revenue	-0	0.01	0.03	0.27	0.16	0.37	Upgrade
Total Revenue	0.69	0.55	0.61	1.14	1.16	0.32	Upgrade
Revenue Growth (YoY	12.63%	-10.70%	-46.60%	-1.79%	266.17%	-78.77%	Upgrade
Property Expenses	0.01	0.01	0.01	0.11	0.39	-	Upgrade
Selling, General & Administrative	0.16	0.15	0.14	0.14	0.13	0.3	Upgrade
Other Operating Expenses	0.01	0.01	0.01	0.02	0.02	0.03	Upgrade
Total Operating Expenses	0.18	0.17	0.16	0.23	0.6	0.33	Upgrade
Operating Income	0.51	0.37	0.45	0.91	0.56	-0.01	Upgrade
Interest Expense	-0.05	-0.05	-0.04	-0.02	-	-0.06	Upgrade
Other Non-Operating Income	-0	-	-	-0	-	-	Upgrade
EBT Excluding Unusual Items	0.45	0.32	0.41	0.88	0.56	-0.07	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.13	Upgrade
Pretax Income	0.45	0.32	0.41	0.88	0.56	-0.21	Upgrade
Income Tax Expense	0	0	0	0	0	0	Upgrade
Earnings From Continuing Operations	0.45	0.32	0.4	0.88	0.56	-0.21	Upgrade
Earnings From Discontinued Operations	-	-	-	-	-	0.76	Upgrade
Net Income to Company	0.45	0.32	0.4	0.88	0.56	0.55	Upgrade
Minority Interest in Earnings	-	-	-	-	-0	0	Upgrade
Net Income	0.45	0.32	0.4	0.88	0.56	0.56	Upgrade
Net Income to Common	0.45	0.32	0.4	0.88	0.56	0.56	Upgrade
Net Income Growth	15.42%	-20.94%	-54.35%	58.23%	0.33%	-31.38%	Upgrade
Basic Shares Outstanding	146	147	147	147	147	147	Upgrade
Diluted Shares Outstanding	146	147	147	147	147	147	Upgrade
Shares Change (YoY)	-0.01%	-	-	-	-	-	Upgrade
EPS (Basic)	0.00	0.00	0.00	0.01	0.00	0.00	Upgrade
EPS (Diluted)	0.00	0.00	0.00	0.01	0.00	0.00	Upgrade
EPS Growth	15.42%	-20.92%	-54.36%	58.24%	0.32%	-31.37%	Upgrade
Operating Margin	73.46%	68.58%	73.39%	79.78%	48.05%	-2.88%	Upgrade
Profit Margin	64.95%	58.40%	65.96%	77.16%	47.90%	174.82%	Upgrade
Free Cash Flow Margin	19.72%	21.66%	62.49%	232.24%	356.07%	-3154.07%	Upgrade
EBITDA	-	-	0.45	0.91	0.56	0.02	Upgrade
EBITDA Margin	-	-	73.49%	79.84%	48.07%	7.64%	Upgrade
D&A For Ebitda	-	-	0	0	0	0.03	Upgrade
EBIT	0.51	0.37	0.45	0.91	0.56	-0.01	Upgrade
EBIT Margin	73.46%	68.58%	73.39%	79.78%	48.05%	-2.88%	Upgrade
Effective Tax Rate	0.80%	0.92%	0.92%	0.10%	0.14%	-	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.