KWSE:WETHAQ 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
Premiums & Annuity Revenue	4.2	4.2	2.58	3.47	1.24	1.7
Total Interest & Dividend Income	0.09	0.06	0.01	0.05	0.46	0.16
Gain (Loss) on Sale of Investments	0.19	0.01	-0	-0	0.04	-0
Non-Insurance Activities Revenue	0.07	0.06	0.1	0.19	0.13	0.2
Other Revenue	0.08	0.09	0.1	-0.05	0.14	0.18
Total Revenue	4.74	4.42	2.81	3.72	2.17	2.24
Revenue Growth (YoY)	65.70%	57.38%	-24.36%	71.53%	-3.20%	-30.51%
Policy Benefits	4.25	4.25	2.65	3.51	0.49	0.79
Policy Acquisition & Underwriting Costs	-	-	-	-	0.11	0.29
Selling, General & Administrative	0.03	0.07	0.04	0.03	1.26	0.94
Provision for Bad Debts	-	-	-	-	0.29	-
Non-Insurance Activities Expense	0.06	0.06	0.06	0.07	0.09	0.14
Other Operating Expenses	0.01	0	0	0	0.01	-
Total Operating Expenses	4.35	4.37	2.75	3.61	2.25	2.16
Operating Income	0.39	0.05	0.06	0.1	-0.08	0.08
Currency Exchange Gain (Loss)	-	-	-	-	-	0.01
EBT Excluding Unusual Items	0.39	0.05	0.06	0.1	-0.08	0.09
Gain (Loss) on Sale of Assets	-	-	-	-	-	-1.28
Asset Writedown	0.01	0.01	0.03	-0.02	0.04	-0.08
Pretax Income	0.4	0.06	0.09	0.08	-0.04	-1.28
Income Tax Expense	0	0	0	0	0	-
Earnings From Continuing Ops.	0.39	0.06	0.09	0.08	-0.04	-1.28
Net Income to Company	0.39	0.06	0.09	0.08	-0.04	-1.28
Net Income	0.39	0.06	0.09	0.08	-0.04	-1.28
Net Income to Common	0.39	0.06	0.09	0.08	-0.04	-1.28
Net Income Growth	353.63%	-35.55%	6.37%	-	-	-
Shares Outstanding (Basic)	110	110	110	110	110	110
Shares Outstanding (Diluted)	110	110	110	110	110	110
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	353.88%	-35.57%	6.49%	-	-	-
Free Cash Flow	-0.14	-0.11	-0.03	0	-0.11	0.11
Free Cash Flow Per Share	-0.00	-0.00	-	-	-0.00	0.00
Operating Margin	8.22%	1.16%	2.25%	2.75%	-3.71%	3.49%
Profit Margin	8.26%	1.29%	3.14%	2.23%	-1.80%	-57.08%
Free Cash Flow Margin	-3.03%	-2.44%	-0.97%	0.07%	-5.00%	5.03%
EBITDA	-	-	-	0.1	-0.08	0.08
EBITDA Margin	-	-	-	2.76%	-3.70%	3.50%
D&A For EBITDA	-	-	-	0	0	0
EBIT	0.39	0.05	0.06	0.1	-0.08	0.08
EBIT Margin	8.22%	1.16%	2.25%	2.75%	-3.71%	3.49%
Effective Tax Rate	1.03%	1.03%	1.03%	1.03%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.