QSE:QFLS Income Statement

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

Millions QAR. 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
Revenue	25,943	28,048	27,933	29,935	19,531
Revenue Growth (YoY)	-7.51%	0.41%	-6.69%	53.26%	47.46%
Cost of Revenue	25,074	27,239	27,194	29,005	18,651
Gross Profit	869.45	809.87	738.95	929.67	880.57
Selling, General & Admin	183.6	192.9	195.31	204.08	193.23
Operating Expenses	226.38	230.96	214.94	236.49	215.44
Operating Income	643.07	578.91	524.01	693.18	665.13
Interest Expense	-39.84	-6.58	-	-	-1.6
Interest & Investment Income	343	393.12	316.22	233.41	180.64
Other Non Operating Income (Expenses)	137.57	129.21	179.75	177.02	159.75
EBT Excluding Unusual Items	1,084	1,095	1,020	1,104	1,004
Asset Writedown	-	-	0.17	-2.25	-1.5
Pretax Income	1,084	1,095	1,020	1,101	1,002
Income Tax Expense	1.96	2.01	-	-	-
Earnings From Continuing Operations	1,082	1,093	1,020	1,101	1,002
Minority Interest in Earnings	-41.82	-40.22	-36.18	-31.29	-28.4
Net Income	1,040	1,052	983.96	1,070	974.03
Net Income to Common	1,040	1,052	983.96	1,070	974.03
Net Income Growth	-1.18%	6.96%	-8.05%	9.86%	37.69%
Shares Outstanding (Basic)	994	994	994	994	994
Shares Outstanding (Diluted)	994	994	994	994	994
EPS (Basic)	1.05	1.06	0.99	1.08	0.98
EPS (Diluted)	1.05	1.06	0.99	1.08	0.98
EPS Growth	-1.18%	6.96%	-8.05%	9.86%	37.69%
Free Cash Flow	984.54	816.09	999.98	1,652	1,310
Free Cash Flow Per Share	0.99	0.82	1.01	1.66	1.32
Dividend Per Share	0.900	1.000	0.900	0.900	0.760
Dividend Growth	-10.00%	11.11%	-	18.42%	65.22%
Gross Margin	3.35%	2.89%	2.65%	3.11%	4.51%
Operating Margin	2.48%	2.06%	1.88%	2.32%	3.40%
Profit Margin	4.01%	3.75%	3.52%	3.57%	4.99%
Free Cash Flow Margin	3.79%	2.91%	3.58%	5.52%	6.71%
EBITDA	815.3	772.58	719.61	872.95	845.67
EBITDA Margin	3.14%	2.75%	2.58%	2.92%	4.33%
D&A For EBITDA	172.23	193.67	195.61	179.77	180.54
EBIT	643.07	578.91	524.01	693.18	665.13
EBIT Margin	2.48%	2.06%	1.88%	2.32%	3.40%
Effective Tax Rate	0.18%	0.18%	-	-	-

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