AAYAN LEASING & INVESTMENT CO.

A'ayan Leasing & Investment Co.

AAYANStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	7.11M	6.08M	10.51M	19.74M	5.00M
Cost of Revenue	12.49K	-10.29K	-8.35K	-14.60K	-13.53K
Gross Profit	7.10M	6.09M	10.52M	19.76M	5.01M
SG&A	2.95M	1.76M	2.11M	2.77M	2.48M
Operating Expenses	3.58M	2.88M	3.37M	3.82M	2.57M
Operating Income	3.52M	3.21M	7.15M	15.93M	2.45M
Interest Income	1.46M	—	—	—	0.29M
Interest Expense	—	-807.76K	-761.97K	-472.00K	—
Other Income/Expense	-2.29M	0.00M	-0.10M	-0.06M	-0.58M
Pretax Income	2.67M	3.01M	5.36M	13.49M	2.36M
Income Tax	-105.98K	199.78K	360.71K	826.31K	72.57K
Net Income	2.21M	1.55M	3.87M	11.88M	2.13M
EBITDA	5.85M	5.67M	9.77M	18.39M	4.69M
EBIT	3.52M	3.21M	7.15M	15.93M	2.45M
EPS (Basic)	0.00	0.00	0.01	0.02	0.00
EPS (Diluted)	0.00	0.00	0.01	0.02	0.00
Margins & Efficiency
Gross Margin %	+99.8%	+100.2%	+100.1%	+100.1%	+100.3%
EBITDA Margin %	+82.3%	+93.2%	+93.0%	+93.2%	+93.7%
Net Margin %	+31.1%	+25.4%	+36.9%	+60.2%	+42.5%
Revenue & Income
Revenue	7.11M	6.08M	10.51M	19.74M	5.00M
Revenue as Reported	7.33M	6.26M	10.64M	20.96M	4.53M
Revenue Growth (YoY)	+42.2%	+2.4%	+99.3%	+171.1%	+0.9%
Operating Revenue	2.92M	3.35M	3.22M	3.06M	3.27M
Interest & Investment Income	1.46M	—	—	—	0.29M
Other Revenue	4.19M	2.73M	7.28M	16.68M	1.73M
Gain (Loss) on Sale of Assets	—	589.11K	547.12K	—	—
Gain (Loss) on Sale of Investments	0.07M	—	—	-1.95M	0.31M
Currency Exchange Gain (Loss)	10.30K	9.76K	1.26K	-6.07K	-49.21K
Expenses & Provisions
Cost of Revenue	12.49K	-10.29K	-8.35K	-14.60K	-13.53K
Selling, General & Admin	2.95M	1.76M	2.11M	2.77M	2.48M
Operating Expenses	3.58M	2.88M	3.37M	3.82M	2.57M
Other Operating Expenses	0.48M	1.02M	0.98M	0.86M	-0.10M
Interest Expense	—	-807.76K	-761.97K	-472.00K	—
Other Non Operating Income (Expenses)	-2.29M	0.00M	-0.10M	-0.06M	-0.58M
Legal Settlements	-0.22M	—	-1.47M	-1.60M	0.00M
Asset Writedown	183.29K	—	—	—	-42.44K
Impairment of Goodwill	-112.82K	—	—	—	—
D&A For EBITDA	2.34M	2.46M	2.63M	2.46M	2.24M
Profitability & Returns
Gross Profit	7.10M	6.09M	10.52M	19.76M	5.01M
Gross Margin	+99.8%	+100.2%	+100.1%	+100.1%	+100.3%
EBIT	3.52M	3.21M	7.15M	15.93M	2.45M
EBIT Margin	+49.5%	+52.8%	+68.0%	+80.7%	+49.0%
EBITDA	5.85M	5.67M	9.77M	18.39M	4.69M
EBITDA Margin	+82.3%	+93.2%	+93.0%	+93.2%	+93.7%
EBT Excluding Unusual Items	2.69M	2.42M	6.28M	15.40M	2.11M
Pretax Income	2.67M	3.01M	5.36M	13.49M	2.36M
Operating Income	3.52M	3.21M	7.15M	15.93M	2.45M
Operating Margin	+49.5%	+52.8%	+68.0%	+80.7%	+49.0%
Profit Margin	+31.1%	+25.4%	+36.9%	+60.2%	+42.5%
Net Income	2.21M	1.55M	3.87M	11.88M	2.13M
Net Income to Common	2.21M	1.55M	3.87M	11.88M	2.13M
Net Income to Company	2.78M	2.81M	5.00M	12.66M	2.29M
Net Income Growth	+4.0%	-42.5%	+29.6%	+243.4%	+29.1%
Earnings From Continuing Ops.	2.78M	2.81M	5.00M	12.66M	2.29M
Minority Interest in Earnings	-0.57M	-1.26M	-1.13M	-0.78M	-0.16M
Income Tax Expense	-105.98K	199.78K	360.71K	826.31K	72.57K
Effective Tax Rate	—	+6.6%	+6.7%	+6.1%	+3.1%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.01	0.02	0.00
EPS (Diluted)	0.00	0.00	0.01	0.02	0.00
EPS Growth	+4.1%	-42.5%	+29.6%	+243.4%	+29.1%
Dividend Per Share	0.01	—	—	—	0.01
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	664.04M	664.04M	664.04M	664.04M	664.04M
Shares Outstanding (Diluted)	664.04M	664.04M	664.04M	664.04M	664.04M
Free Cash Flow	1.38M	1.10M	3.97M	0.24M	2.12M
Free Cash Flow Margin	+19.5%	+18.1%	+37.8%	+1.2%	+42.4%
Free Cash Flow Per Share	0.00	0.00	0.01	0.00	0.00
Payout Ratio	+1.0%	+0.2%	+125.9%	0.0%	+0.1%
Supplemental
Other Unusual Items	0.07M	—	—	1.64M	-0.01M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	7.11M	6.08M	10.51M	19.74M	5.00M
Cost of Revenue	12.49K	-10.29K	-8.35K	-14.60K	-13.53K
Gross Profit	7.10M	6.09M	10.52M	19.76M	5.01M
SG&A	2.95M	1.76M	2.11M	2.77M	2.48M
Operating Expenses	3.58M	2.88M	3.37M	3.82M	2.57M
Operating Income	3.52M	3.21M	7.15M	15.93M	2.45M
Interest Income	1.46M	—	—	—	0.29M
Interest Expense	—	-807.76K	-761.97K	-472.00K	—
Other Income/Expense	-2.29M	0.00M	-0.10M	-0.06M	-0.58M
Pretax Income	2.67M	3.01M	5.36M	13.49M	2.36M
Income Tax	-105.98K	199.78K	360.71K	826.31K	72.57K
Net Income	2.21M	1.55M	3.87M	11.88M	2.13M
EBITDA	5.85M	5.67M	9.77M	18.39M	4.69M
EBIT	3.52M	3.21M	7.15M	15.93M	2.45M
EPS (Basic)	0.00	0.00	0.01	0.02	0.00
EPS (Diluted)	0.00	0.00	0.01	0.02	0.00
Margins & Efficiency
Gross Margin %	+99.8%	+100.2%	+100.1%	+100.1%	+100.3%
EBITDA Margin %	+82.3%	+93.2%	+93.0%	+93.2%	+93.7%
Net Margin %	+31.1%	+25.4%	+36.9%	+60.2%	+42.5%
Revenue & Income
Revenue	7.11M	6.08M	10.51M	19.74M	5.00M
Revenue as Reported	7.33M	6.26M	10.64M	20.96M	4.53M
Revenue Growth (YoY)	+42.2%	+2.4%	+99.3%	+171.1%	+0.9%
Operating Revenue	2.92M	3.35M	3.22M	3.06M	3.27M
Interest & Investment Income	1.46M	—	—	—	0.29M
Other Revenue	4.19M	2.73M	7.28M	16.68M	1.73M
Gain (Loss) on Sale of Assets	—	589.11K	547.12K	—	—
Gain (Loss) on Sale of Investments	0.07M	—	—	-1.95M	0.31M
Currency Exchange Gain (Loss)	10.30K	9.76K	1.26K	-6.07K	-49.21K
Expenses & Provisions
Cost of Revenue	12.49K	-10.29K	-8.35K	-14.60K	-13.53K
Selling, General & Admin	2.95M	1.76M	2.11M	2.77M	2.48M
Operating Expenses	3.58M	2.88M	3.37M	3.82M	2.57M
Other Operating Expenses	0.48M	1.02M	0.98M	0.86M	-0.10M
Interest Expense	—	-807.76K	-761.97K	-472.00K	—
Other Non Operating Income (Expenses)	-2.29M	0.00M	-0.10M	-0.06M	-0.58M
Legal Settlements	-0.22M	—	-1.47M	-1.60M	0.00M
Asset Writedown	183.29K	—	—	—	-42.44K
Impairment of Goodwill	-112.82K	—	—	—	—
D&A For EBITDA	2.34M	2.46M	2.63M	2.46M	2.24M
Profitability & Returns
Gross Profit	7.10M	6.09M	10.52M	19.76M	5.01M
Gross Margin	+99.8%	+100.2%	+100.1%	+100.1%	+100.3%
EBIT	3.52M	3.21M	7.15M	15.93M	2.45M
EBIT Margin	+49.5%	+52.8%	+68.0%	+80.7%	+49.0%
EBITDA	5.85M	5.67M	9.77M	18.39M	4.69M
EBITDA Margin	+82.3%	+93.2%	+93.0%	+93.2%	+93.7%
EBT Excluding Unusual Items	2.69M	2.42M	6.28M	15.40M	2.11M
Pretax Income	2.67M	3.01M	5.36M	13.49M	2.36M
Operating Income	3.52M	3.21M	7.15M	15.93M	2.45M
Operating Margin	+49.5%	+52.8%	+68.0%	+80.7%	+49.0%
Profit Margin	+31.1%	+25.4%	+36.9%	+60.2%	+42.5%
Net Income	2.21M	1.55M	3.87M	11.88M	2.13M
Net Income to Common	2.21M	1.55M	3.87M	11.88M	2.13M
Net Income to Company	2.78M	2.81M	5.00M	12.66M	2.29M
Net Income Growth	+4.0%	-42.5%	+29.6%	+243.4%	+29.1%
Earnings From Continuing Ops.	2.78M	2.81M	5.00M	12.66M	2.29M
Minority Interest in Earnings	-0.57M	-1.26M	-1.13M	-0.78M	-0.16M
Income Tax Expense	-105.98K	199.78K	360.71K	826.31K	72.57K
Effective Tax Rate	—	+6.6%	+6.7%	+6.1%	+3.1%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.01	0.02	0.00
EPS (Diluted)	0.00	0.00	0.01	0.02	0.00
EPS Growth	+4.1%	-42.5%	+29.6%	+243.4%	+29.1%
Dividend Per Share	0.01	—	—	—	0.01
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	664.04M	664.04M	664.04M	664.04M	664.04M
Shares Outstanding (Diluted)	664.04M	664.04M	664.04M	664.04M	664.04M
Free Cash Flow	1.38M	1.10M	3.97M	0.24M	2.12M
Free Cash Flow Margin	+19.5%	+18.1%	+37.8%	+1.2%	+42.4%
Free Cash Flow Per Share	0.00	0.00	0.01	0.00	0.00
Payout Ratio	+1.0%	+0.2%	+125.9%	0.0%	+0.1%
Supplemental
Other Unusual Items	0.07M	—	—	1.64M	-0.01M