KWSE:WETHAQ 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
Premiums & Annuity Revenue	6.28	4.2	2.58	3.47	1.24
Total Interest & Dividend Income	0.02	0.06	0.01	0.05	0.46
Gain (Loss) on Sale of Investments	0.41	0.01	-0	-0	0.04
Non-Insurance Activities Revenue	0.08	0.06	0.1	0.19	0.13
Other Revenue	0.08	0.09	0.1	-0.05	0.14
Total Revenue	7.17	4.42	2.81	3.72	2.17
Revenue Growth (YoY)	61.99%	57.38%	-24.36%	71.53%	-3.20%
Policy Benefits	6.31	4.25	2.65	3.51	0.49
Policy Acquisition & Underwriting Costs	-	-	-	-	0.11
Selling, General & Administrative	0.05	0.07	0.04	0.03	1.26
Provision for Bad Debts	-	-	-	-	0.29
Non-Insurance Activities Expense	0.06	0.06	0.06	0.07	0.09
Other Operating Expenses	0.02	0	0	0	0.01
Total Operating Expenses	6.44	4.37	2.75	3.61	2.25
Operating Income	0.73	0.05	0.06	0.1	-0.08
EBT Excluding Unusual Items	0.73	0.05	0.06	0.1	-0.08
Asset Writedown	0.12	0.01	0.03	-0.02	0.04
Pretax Income	0.85	0.06	0.09	0.08	-0.04
Income Tax Expense	0.01	0	0	0	0
Earnings From Continuing Ops.	0.84	0.06	0.09	0.08	-0.04
Net Income to Company	0.84	0.06	0.09	0.08	-0.04
Net Income	0.84	0.06	0.09	0.08	-0.04
Net Income to Common	0.84	0.06	0.09	0.08	-0.04
Net Income Growth	1373.64%	-35.55%	6.37%	-	-
Shares Outstanding (Basic)	110	110	110	110	110
Shares Outstanding (Diluted)	110	110	110	110	110
EPS (Basic)	0.01	0.00	0.00	0.00	-0.00
EPS (Diluted)	0.01	0.00	0.00	0.00	-0.00
EPS Growth	1374.32%	-35.57%	6.49%	-	-
Free Cash Flow	-0.18	-0.11	-0.03	0	-0.11
Free Cash Flow Per Share	-0.00	-0.00	-	-	-0.00
Operating Margin	10.20%	1.16%	2.25%	2.75%	-3.71%
Profit Margin	11.70%	1.29%	3.14%	2.23%	-1.80%
Free Cash Flow Margin	-2.45%	-2.43%	-0.97%	0.07%	-5.00%
EBITDA	-	-	-	0.1	-0.08
EBITDA Margin	-	-	-	2.76%	-3.70%
D&A For EBITDA	-	-	-	0	0
EBIT	0.73	0.05	0.06	0.1	-0.08
EBIT Margin	10.20%	1.16%	2.25%	2.75%	-3.71%
Effective Tax Rate	0.97%	1.03%	1.03%	1.03%	-

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