KWSE:TROLLEY Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	105.25	93.71	79.25	67.14
Other Revenue	0.18	0.44	0.22	0.16
Revenue	105.43	94.16	79.47	67.3
Revenue Growth	22.67%	18.47%	18.10%	-
Cost of Revenue	72.2	64.72	54.34	45.61
Gross Profit	33.23	29.43	25.13	21.69
Selling, General & Admin	11.4	10.52	7.8	6.67
Other Operating Expenses	2.25	2.16	1.55	1.11
Operating Expenses	22.51	20.64	16.07	13.26
Operating Income	10.72	8.8	9.06	8.43
Interest Expense	-0.94	-0.98	-0.92	-0.87
Interest & Investment Income	0.41	0.41	-	-
Pretax Income	10.19	8.23	8.14	7.56
Income Tax Expense	0.32	0.19	0.01	-
Net Income	9.87	8.04	8.13	7.56
Net Income to Common	9.87	8.04	8.13	7.56
Net Income Growth	34.27%	-1.05%	7.58%	-
Shares Outstanding (Basic)	228	228	228	218
Shares Outstanding (Diluted)	228	228	228	218
Shares Change	-11.06%	-	4.66%	-
EPS (Basic)	0.04	0.04	0.04	0.03
EPS (Diluted)	0.04	0.04	0.04	0.03
EPS Growth	50.97%	-1.04%	2.79%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	8.89	7.05	23.25	10.73
Free Cash Flow Per Share	0.04	0.03	0.10	0.05
Dividend Per Share	0.017	-	0.004	-
Dividend Growth	359.46%	-	-	-
Gross Margin	31.52%	31.26%	31.62%	32.23%
Operating Margin	10.17%	9.34%	11.40%	12.53%
Profit Margin	9.36%	8.54%	10.23%	11.23%
Free Cash Flow Margin	8.43%	7.48%	29.26%	15.94%
EBITDA	12.71	10.59	10.35	9.37
EBITDA Margin	12.06%	11.25%	13.02%	13.92%
D&A For EBITDA	2	1.8	1.29	0.94
EBIT	10.72	8.8	9.06	8.43
EBIT Margin	10.17%	9.34%	11.40%	12.53%
Effective Tax Rate	3.17%	2.28%	0.13%	-
Revenue as Reported	105.98	94.7	79.54	67.44