ACICO INDUSTRIES CO.

ACICO Industries Co. (K.S.C)

ACICOStocksBoursa KuwaitMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	9.47M	7.92M	12.92M	13.67M	20.95M
Free Cash Flow	7.14M	7.04M	12.36M	12.08M	16.45M
Capital Expenditures	-2.33M	-0.88M	-0.56M	-1.59M	-4.50M
Investing & Financing
Investing Cash Flow	0.20M	35.55M	2.16M	1.00M	-4.08M
Financing Cash Flow	-5.53M	-43.31M	-5.67M	-15.67M	-15.61M
Dividends Paid	—	-0.43K	-2.22K	-4.01K	-46.81K
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	9.47M	7.92M	12.92M	13.67M	20.95M
Net Income	2.87M	-7.71M	-3.82M	-40.71M	0.21M
Change in Accounts Payable	0.27M	-0.50M	-3.86M	3.21M	5.12M
Change in Accounts Receivable	-6.05M	-3.08M	2.70M	1.18M	-1.89M
Change in Inventory	2.27M	-2.50M	-1.76M	0.37M	5.62M
Change in Other Net Operating Assets	-0.03M	0.03M	-0.08M	0.41M	-0.71M
Change in Unearned Revenue	0.62M	-0.68M	0.73M	0.49M	0.31M
Change in Working Capital	-2.91M	-6.73M	-2.28M	5.66M	8.46M
Other Operating Activities	-10.45M	11.36M	15.04M	20.24M	7.41M
Provision & Write-off of Bad Debts	0.54M	0.98M	2.19M	3.39M	-0.55M
Depreciation & Amortization	4.83M	4.47M	4.63M	5.39M	5.50M
Cash Interest Paid	1.05M	3.74M	8.65M	10.59M	9.92M
Loss (Gain) on Equity Investments	383.29K	505.60K	353.43K	14.72K	45.12K
Asset Writedown & Restructuring Costs	2.49M	5.97M	-5.29M	10.53M	-0.10M
Investing Activities
Investing Cash Flow	0.20M	35.55M	2.16M	1.00M	-4.08M
Capital Expenditures	-2.33M	-0.88M	-0.56M	-1.59M	-4.50M
Investment in Securities	—	—	420.00K	—	—
Other Investing Activities	333.05K	459.88K	38.95K	9.25K	11.50K
Sale (Purchase) of Real Estate	0.46M	35.95M	2.26M	1.79M	0.13M
Sale of Property, Plant & Equipment	1.73M	0.02M	0.00M	0.79M	0.27M
Loss (Gain) From Sale of Assets	11.72M	-0.91M	1.49M	9.16M	-0.03M
Loss (Gain) on Sale of Investments	—	—	617.45K	—	—
Financing Activities
Financing Cash Flow	-5.53M	-43.31M	-5.67M	-15.67M	-15.61M
Common Dividends Paid	—	-0.43K	-2.22K	-4.01K	-46.81K
Issuance of Common Stock	—	—	—	35.45K	190.74K
Repurchase of Common Stock	—	—	—	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	4.76M	0.68M	—
Total Debt Issued	—	—	4.76M	0.68M	—
Long-Term Debt Repaid	-4.26M	-39.25M	-1.78M	-5.79M	-5.68M
Short-Term Debt Repaid	-0.22M	-0.32M	—	—	-0.15M
Total Debt Repaid	-4.48M	-39.57M	-1.78M	-5.79M	-5.83M
Net Debt Issued (Repaid)	-4.48M	-39.57M	2.98M	-5.11M	-5.83M
Other Financing Activities	-1.05M	-3.74M	-8.65M	-10.59M	-9.92M
Free Cash Flow & Returns
Free Cash Flow	7.14M	7.04M	12.36M	12.08M	16.45M
Free Cash Flow Growth	+1.4%	-43.1%	+2.4%	-26.6%	+303.4%
Free Cash Flow Margin	+9.4%	+10.6%	+18.1%	+16.1%	+21.9%
Free Cash Flow Per Share	0.02	0.02	0.04	0.04	0.05
Levered Free Cash Flow	7.31M	-1.68M	7.75M	-32.15M	-0.84M
Unlevered Free Cash Flow	11.87M	8.02M	17.32M	-25.11M	4.35M
Operating Cash Flow Growth	+19.5%	-38.7%	-5.4%	-34.8%	+81.1%
Net Cash Flow	4.27M	-0.34M	9.71M	-2.85M	1.55M
Foreign Exchange Rate Adjustments	0.14M	-0.50M	0.29M	-1.85M	0.30M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	9.47M	7.92M	12.92M	13.67M	20.95M
Free Cash Flow	7.14M	7.04M	12.36M	12.08M	16.45M
Capital Expenditures	-2.33M	-0.88M	-0.56M	-1.59M	-4.50M
Investing & Financing
Investing Cash Flow	0.20M	35.55M	2.16M	1.00M	-4.08M
Financing Cash Flow	-5.53M	-43.31M	-5.67M	-15.67M	-15.61M
Dividends Paid	—	-0.43K	-2.22K	-4.01K	-46.81K
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	9.47M	7.92M	12.92M	13.67M	20.95M
Net Income	2.87M	-7.71M	-3.82M	-40.71M	0.21M
Change in Accounts Payable	0.27M	-0.50M	-3.86M	3.21M	5.12M
Change in Accounts Receivable	-6.05M	-3.08M	2.70M	1.18M	-1.89M
Change in Inventory	2.27M	-2.50M	-1.76M	0.37M	5.62M
Change in Other Net Operating Assets	-0.03M	0.03M	-0.08M	0.41M	-0.71M
Change in Unearned Revenue	0.62M	-0.68M	0.73M	0.49M	0.31M
Change in Working Capital	-2.91M	-6.73M	-2.28M	5.66M	8.46M
Other Operating Activities	-10.45M	11.36M	15.04M	20.24M	7.41M
Provision & Write-off of Bad Debts	0.54M	0.98M	2.19M	3.39M	-0.55M
Depreciation & Amortization	4.83M	4.47M	4.63M	5.39M	5.50M
Cash Interest Paid	1.05M	3.74M	8.65M	10.59M	9.92M
Loss (Gain) on Equity Investments	383.29K	505.60K	353.43K	14.72K	45.12K
Asset Writedown & Restructuring Costs	2.49M	5.97M	-5.29M	10.53M	-0.10M
Investing Activities
Investing Cash Flow	0.20M	35.55M	2.16M	1.00M	-4.08M
Capital Expenditures	-2.33M	-0.88M	-0.56M	-1.59M	-4.50M
Investment in Securities	—	—	420.00K	—	—
Other Investing Activities	333.05K	459.88K	38.95K	9.25K	11.50K
Sale (Purchase) of Real Estate	0.46M	35.95M	2.26M	1.79M	0.13M
Sale of Property, Plant & Equipment	1.73M	0.02M	0.00M	0.79M	0.27M
Loss (Gain) From Sale of Assets	11.72M	-0.91M	1.49M	9.16M	-0.03M
Loss (Gain) on Sale of Investments	—	—	617.45K	—	—
Financing Activities
Financing Cash Flow	-5.53M	-43.31M	-5.67M	-15.67M	-15.61M
Common Dividends Paid	—	-0.43K	-2.22K	-4.01K	-46.81K
Issuance of Common Stock	—	—	—	35.45K	190.74K
Repurchase of Common Stock	—	—	—	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	4.76M	0.68M	—
Total Debt Issued	—	—	4.76M	0.68M	—
Long-Term Debt Repaid	-4.26M	-39.25M	-1.78M	-5.79M	-5.68M
Short-Term Debt Repaid	-0.22M	-0.32M	—	—	-0.15M
Total Debt Repaid	-4.48M	-39.57M	-1.78M	-5.79M	-5.83M
Net Debt Issued (Repaid)	-4.48M	-39.57M	2.98M	-5.11M	-5.83M
Other Financing Activities	-1.05M	-3.74M	-8.65M	-10.59M	-9.92M
Free Cash Flow & Returns
Free Cash Flow	7.14M	7.04M	12.36M	12.08M	16.45M
Free Cash Flow Growth	+1.4%	-43.1%	+2.4%	-26.6%	+303.4%
Free Cash Flow Margin	+9.4%	+10.6%	+18.1%	+16.1%	+21.9%
Free Cash Flow Per Share	0.02	0.02	0.04	0.04	0.05
Levered Free Cash Flow	7.31M	-1.68M	7.75M	-32.15M	-0.84M
Unlevered Free Cash Flow	11.87M	8.02M	17.32M	-25.11M	4.35M
Operating Cash Flow Growth	+19.5%	-38.7%	-5.4%	-34.8%	+81.1%
Net Cash Flow	4.27M	-0.34M	9.71M	-2.85M	1.55M
Foreign Exchange Rate Adjustments	0.14M	-0.50M	0.29M	-1.85M	0.30M