United Real Estate Company K.S.C.P. (KWSE:URC)
Kuwait · Delayed Price · Currency is KWD · Price in KWF 0.2790
+0.0040 (1.45%)
At close: Jan 29, 2026
KWSE:URC Income Statement
Financials in millions KWD. Fiscal year is January - December.
Millions KWD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 97.06 | 84.03 | 82.92 | 80.49 | 82.76 | 94.02 |
Other Revenue | 4.85 | 4.61 | 4.37 | 4.13 | 2.15 | 2.33 |
| 101.91 | 88.64 | 87.29 | 84.62 | 84.91 | 96.35 | |
Revenue Growth (YoY) | 17.21% | 1.55% | 3.15% | -0.34% | -11.87% | -15.37% |
Cost of Revenue | 66.77 | 55.7 | 57.79 | 59.03 | 61.88 | 80.22 |
Gross Profit | 35.14 | 32.94 | 29.49 | 25.6 | 23.03 | 16.13 |
Selling, General & Admin | 7.74 | 7.74 | 7.66 | 10.9 | 6.82 | 8.57 |
Other Operating Expenses | -1.96 | -2.83 | -6.08 | 6.47 | 1.68 | 0.95 |
Operating Expenses | 9.09 | 7.94 | 4.98 | 20.71 | 11.69 | 12.89 |
Operating Income | 26.05 | 25 | 24.52 | 4.89 | 11.34 | 3.24 |
Interest Expense | -21.94 | -21.06 | -21.41 | -13.55 | -11.49 | -12.83 |
Interest & Investment Income | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 |
Earnings From Equity Investments | 5.13 | 2.82 | -2.61 | 0.51 | 0.89 | -1.49 |
Currency Exchange Gain (Loss) | -0.27 | 1.7 | 0.34 | -0.07 | 0.55 | -0.1 |
Other Non Operating Income (Expenses) | 1.2 | 1.81 | 0.79 | 0.83 | 0.35 | 0.63 |
EBT Excluding Unusual Items | 10.19 | 10.31 | 1.67 | -7.36 | 1.67 | -10.53 |
Gain (Loss) on Sale of Investments | - | - | - | 1.16 | - | - |
Gain (Loss) on Sale of Assets | 0.02 | 0.71 | 2.6 | 0.15 | -2.82 | -0.02 |
Asset Writedown | -5.69 | -5.69 | 0.67 | -22.46 | -5.72 | -7.28 |
Legal Settlements | - | - | - | - | - | 0.81 |
Other Unusual Items | - | - | - | 32.07 | - | - |
Pretax Income | 4.51 | 5.33 | 4.95 | 3.57 | -6.87 | -17.02 |
Income Tax Expense | -0.2 | 0.2 | 0.55 | -0.12 | -0.37 | 0.04 |
Earnings From Continuing Operations | 4.72 | 5.14 | 4.39 | 3.68 | -6.5 | -17.06 |
Minority Interest in Earnings | -0.03 | -0.05 | -0.2 | -0.29 | 1.54 | 0.74 |
Net Income | 4.69 | 5.09 | 4.19 | 3.39 | -4.96 | -16.32 |
Net Income to Common | 4.69 | 5.09 | 4.19 | 3.39 | -4.96 | -16.32 |
Net Income Growth | -1.42% | 21.34% | 23.77% | - | - | - |
Shares Outstanding (Basic) | 1,334 | 1,367 | 1,367 | 1,135 | 1,128 | 1,128 |
Shares Outstanding (Diluted) | 1,334 | 1,367 | 1,367 | 1,135 | 1,128 | 1,128 |
Shares Change (YoY) | -2.41% | - | 20.50% | 0.58% | - | - |
EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | -0.01 |
EPS (Diluted) | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | -0.01 |
EPS Growth | 1.01% | 21.32% | 2.71% | - | - | - |
Free Cash Flow | 29.74 | 16.72 | 15.23 | 18.06 | 14.14 | 9.54 |
Free Cash Flow Per Share | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
Gross Margin | 34.48% | 37.16% | 33.79% | 30.25% | 27.12% | 16.74% |
Operating Margin | 25.56% | 28.20% | 28.09% | 5.78% | 13.35% | 3.36% |
Profit Margin | 4.60% | 5.74% | 4.80% | 4.00% | -5.84% | -16.94% |
Free Cash Flow Margin | 29.19% | 18.86% | 17.44% | 21.35% | 16.65% | 9.90% |
EBITDA | 29.83 | 28.68 | 28.58 | 9.05 | 16.18 | 8.64 |
EBITDA Margin | 29.27% | 32.36% | 32.74% | 10.69% | 19.05% | 8.97% |
D&A For EBITDA | 3.78 | 3.69 | 4.06 | 4.16 | 4.84 | 5.41 |
EBIT | 26.05 | 25 | 24.52 | 4.89 | 11.34 | 3.24 |
EBIT Margin | 25.56% | 28.20% | 28.09% | 5.78% | 13.35% | 3.36% |
Effective Tax Rate | - | 3.67% | 11.21% | - | - | - |
Revenue as Reported | 101.91 | 88.64 | 87.29 | 84.62 | 84.91 | 96.35 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.