Dar Al-Thuraya Real Estate Company K.S.C.P. (KWSE:THURAYA)

KWSE:THURAYA Income Statement

Financials in millions KWD. 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
Rental Revenue	0.36	0.42	0.47	0.58	0.79
Gain (Loss) on Sale of Investments (Rev)	0.08	0.28	-	0	0.08
Other Revenue	0.01	0.01	0.03	0.03	0.27
Total Revenue	0.47	0.73	0.52	0.61	1.14
Revenue Growth (YoY	-36.22%	39.97%	-14.47%	-46.60%	-1.79%
Property Expenses	0.01	0.01	0.01	0.01	0.11
Selling, General & Administrative	0.16	0.26	0.15	0.14	0.14
Other Operating Expenses	-	-	-	0.01	0.02
Total Operating Expenses	0.16	0.26	0.16	0.16	0.23
Operating Income	0.31	0.47	0.36	0.45	0.91
Interest Expense	-0.06	-0.05	-0.05	-0.04	-0.02
Other Non-Operating Income	-	-	-	-	-0
EBT Excluding Unusual Items	0.25	0.42	0.31	0.41	0.88
Gain (Loss) on Sale of Investments	-	-	-0.05	-	-
Gain (Loss) on Sale of Assets	-	-	0.01	-	-
Asset Writedown	0.01	2	0.06	-	-
Pretax Income	0.26	2.42	0.33	0.41	0.88
Income Tax Expense	0.01	0.08	0.01	0	0
Earnings From Continuing Operations	0.25	2.34	0.32	0.4	0.88
Net Income to Company	0.25	2.34	0.32	0.4	0.88
Net Income	0.25	2.34	0.32	0.4	0.88
Net Income to Common	0.25	2.34	0.32	0.4	0.88
Net Income Growth	-89.15%	634.41%	-20.94%	-54.35%	58.23%
Basic Shares Outstanding	147	147	147	147	147
Diluted Shares Outstanding	147	147	147	147	147
EPS (Basic)	0.00	0.02	0.00	0.00	0.01
EPS (Diluted)	0.00	0.02	0.00	0.00	0.01
EPS Growth	-89.15%	634.47%	-20.92%	-54.36%	58.24%
Operating Margin	66.57%	64.51%	68.77%	73.39%	79.78%
Profit Margin	54.40%	319.92%	60.97%	65.96%	77.16%
EBITDA	-	-	-	0.45	0.91
EBITDA Margin	-	-	-	73.49%	79.84%
D&A For Ebitda	-	-	-	0	0
EBIT	0.31	0.47	0.36	0.45	0.91
EBIT Margin	66.57%	64.51%	68.77%	73.39%	79.78%
Effective Tax Rate	3.35%	3.41%	3.40%	0.92%	0.10%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.