Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	60.65M	70.01M	63.85M	72.01M	81.23M
Cost of Revenue	48.43M	48.94M	43.02M	47.02M	48.16M
Gross Profit	12.22M	21.07M	20.82M	24.99M	33.06M
SG&A	19.12M	18.18M	20.87M	23.22M	24.70M
Operating Expenses	20.41M	19.58M	22.52M	24.88M	26.61M
Operating Income	-8.19M	1.49M	-1.69M	0.11M	6.46M
Interest Expense	-2.63M	-2.61M	-2.69M	-2.30M	-2.87M
Other Income/Expense	1.51M	1.43M	1.67M	1.47M	1.07M
Pretax Income	-59.45M	-0.63M	-9.67M	-2.72M	0.10M
Income Tax	—	—	—	—	4.98K
Net Income	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
EBITDA	-7.00M	3.14M	0.18M	2.07M	8.30M
EBIT	-8.19M	1.49M	-1.69M	0.11M	6.46M
EPS (Basic)	-0.07	-0.00	-0.01	-0.00	0.00
EPS (Diluted)	-0.07	-0.00	-0.01	-0.00	0.00
DPS	—	—	—	—	0.01
Margins & Efficiency
Gross Margin %	+20.2%	+30.1%	+32.6%	+34.7%	+40.7%
EBITDA Margin %	-11.5%	+4.5%	+0.3%	+2.9%	+10.2%
Net Margin %	-118.3%	-6.1%	-15.4%	-6.1%	+1.9%
Revenue & Income
Revenue	60.65M	70.01M	63.85M	72.01M	81.23M
Revenue Growth (YoY)	-13.4%	+9.7%	-11.3%	-11.3%	+13.2%
Operating Revenue	73.20M	71.57M	64.22M	71.38M	76.94M
Other Revenue	-12.55M	-1.56M	-0.37M	0.63M	4.28M
Gain (Loss) on Sale of Assets	—	—	0.08M	1.26M	1.31M
Gain (Loss) on Sale of Investments	—	—	-0.47M	-0.64M	-1.00M
Currency Exchange Gain (Loss)	-9.85K	-146.77K	301.21K	373.50K	43.32K
Expenses & Provisions
Cost of Revenue	48.43M	48.94M	43.02M	47.02M	48.16M
Selling, General & Admin	19.12M	18.18M	20.87M	23.22M	24.70M
Operating Expenses	20.41M	19.58M	22.52M	24.88M	26.61M
Other Operating Expenses	—	—	—	—	61.75K
Interest Expense	-2.63M	-2.61M	-2.69M	-2.30M	-2.87M
Other Non Operating Income (Expenses)	1.51M	1.43M	1.67M	1.47M	1.07M
Legal Settlements	-29.51M	-0.33M	-0.20M	-0.01M	0.04M
Asset Writedown	0.10M	0.25M	-1.35M	-0.03M	-0.86M
Impairment of Goodwill	-15.98M	-0.17M	-4.19M	-2.61M	—
D&A For EBITDA	1.18M	1.65M	1.87M	1.96M	1.84M
Profitability & Returns
Gross Profit	12.22M	21.07M	20.82M	24.99M	33.06M
Gross Margin	+20.2%	+30.1%	+32.6%	+34.7%	+40.7%
EBIT	-8.19M	1.49M	-1.69M	0.11M	6.46M
EBIT Margin	-13.5%	+2.1%	-2.7%	+0.2%	+7.9%
EBITDA	-7.00M	3.14M	0.18M	2.07M	8.30M
EBITDA Margin	-11.5%	+4.5%	+0.3%	+2.9%	+10.2%
EBT Excluding Unusual Items	-9.31M	0.17M	-2.41M	-0.35M	4.70M
Pretax Income	-59.45M	-0.63M	-9.67M	-2.72M	0.10M
Operating Income	-8.19M	1.49M	-1.69M	0.11M	6.46M
Operating Margin	-13.5%	+2.1%	-2.7%	+0.2%	+7.9%
Profit Margin	-118.3%	-6.1%	-15.4%	-6.1%	+1.9%
Net Income	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
Net Income to Common	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
Net Income to Company	-70.46M	-4.04M	-9.67M	-2.72M	2.46M
Earnings From Continuing Ops.	-59.45M	-0.63M	-9.67M	-2.72M	0.09M
Earnings From Discontinued Ops.	-11.01M	-3.41M	—	—	2.37M
Minority Interest in Earnings	-1.31M	-0.23M	-0.17M	-1.69M	-0.93M
Income Tax Expense	—	—	—	—	4.98K
Effective Tax Rate	—	—	—	—	+5.2%
Per Share & Capital
EPS (Basic)	-0.07	-0.00	-0.01	-0.00	0.00
EPS (Diluted)	-0.07	-0.00	-0.01	-0.00	0.00
Dividend Per Share	—	—	—	—	0.01
Shares Change (YoY)	0.07	—	-0	-0.01	0.01
Shares Outstanding (Basic)	1.10B	1.03B	1.03B	1.03B	1.04B
Shares Outstanding (Diluted)	1.10B	1.03B	1.03B	1.03B	1.04B
Free Cash Flow	7.70M	4.11M	-2.48M	0.51M	-7.78M
Free Cash Flow Margin	+12.7%	+5.9%	-3.9%	+0.7%	-9.6%
Free Cash Flow Per Share	0.01	0.00	-0.00	0.00	-0.01
Payout Ratio	—	—	—	—	+1.8%
Supplemental
Other Unusual Items	-4.75M	-0.56M	-1.11M	-0.34M	-4.09M

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
Operating Summary
Revenue	60.65M	70.01M	63.85M	72.01M	81.23M
Cost of Revenue	48.43M	48.94M	43.02M	47.02M	48.16M
Gross Profit	12.22M	21.07M	20.82M	24.99M	33.06M
SG&A	19.12M	18.18M	20.87M	23.22M	24.70M
Operating Expenses	20.41M	19.58M	22.52M	24.88M	26.61M
Operating Income	-8.19M	1.49M	-1.69M	0.11M	6.46M
Interest Expense	-2.63M	-2.61M	-2.69M	-2.30M	-2.87M
Other Income/Expense	1.51M	1.43M	1.67M	1.47M	1.07M
Pretax Income	-59.45M	-0.63M	-9.67M	-2.72M	0.10M
Income Tax	—	—	—	—	4.98K
Net Income	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
EBITDA	-7.00M	3.14M	0.18M	2.07M	8.30M
EBIT	-8.19M	1.49M	-1.69M	0.11M	6.46M
EPS (Basic)	-0.07	-0.00	-0.01	-0.00	0.00
EPS (Diluted)	-0.07	-0.00	-0.01	-0.00	0.00
DPS	—	—	—	—	0.01
Margins & Efficiency
Gross Margin %	+20.2%	+30.1%	+32.6%	+34.7%	+40.7%
EBITDA Margin %	-11.5%	+4.5%	+0.3%	+2.9%	+10.2%
Net Margin %	-118.3%	-6.1%	-15.4%	-6.1%	+1.9%
Revenue & Income
Revenue	60.65M	70.01M	63.85M	72.01M	81.23M
Revenue Growth (YoY)	-13.4%	+9.7%	-11.3%	-11.3%	+13.2%
Operating Revenue	73.20M	71.57M	64.22M	71.38M	76.94M
Other Revenue	-12.55M	-1.56M	-0.37M	0.63M	4.28M
Gain (Loss) on Sale of Assets	—	—	0.08M	1.26M	1.31M
Gain (Loss) on Sale of Investments	—	—	-0.47M	-0.64M	-1.00M
Currency Exchange Gain (Loss)	-9.85K	-146.77K	301.21K	373.50K	43.32K
Expenses & Provisions
Cost of Revenue	48.43M	48.94M	43.02M	47.02M	48.16M
Selling, General & Admin	19.12M	18.18M	20.87M	23.22M	24.70M
Operating Expenses	20.41M	19.58M	22.52M	24.88M	26.61M
Other Operating Expenses	—	—	—	—	61.75K
Interest Expense	-2.63M	-2.61M	-2.69M	-2.30M	-2.87M
Other Non Operating Income (Expenses)	1.51M	1.43M	1.67M	1.47M	1.07M
Legal Settlements	-29.51M	-0.33M	-0.20M	-0.01M	0.04M
Asset Writedown	0.10M	0.25M	-1.35M	-0.03M	-0.86M
Impairment of Goodwill	-15.98M	-0.17M	-4.19M	-2.61M	—
D&A For EBITDA	1.18M	1.65M	1.87M	1.96M	1.84M
Profitability & Returns
Gross Profit	12.22M	21.07M	20.82M	24.99M	33.06M
Gross Margin	+20.2%	+30.1%	+32.6%	+34.7%	+40.7%
EBIT	-8.19M	1.49M	-1.69M	0.11M	6.46M
EBIT Margin	-13.5%	+2.1%	-2.7%	+0.2%	+7.9%
EBITDA	-7.00M	3.14M	0.18M	2.07M	8.30M
EBITDA Margin	-11.5%	+4.5%	+0.3%	+2.9%	+10.2%
EBT Excluding Unusual Items	-9.31M	0.17M	-2.41M	-0.35M	4.70M
Pretax Income	-59.45M	-0.63M	-9.67M	-2.72M	0.10M
Operating Income	-8.19M	1.49M	-1.69M	0.11M	6.46M
Operating Margin	-13.5%	+2.1%	-2.7%	+0.2%	+7.9%
Profit Margin	-118.3%	-6.1%	-15.4%	-6.1%	+1.9%
Net Income	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
Net Income to Common	-71.77M	-4.26M	-9.84M	-4.40M	1.53M
Net Income to Company	-70.46M	-4.04M	-9.67M	-2.72M	2.46M
Earnings From Continuing Ops.	-59.45M	-0.63M	-9.67M	-2.72M	0.09M
Earnings From Discontinued Ops.	-11.01M	-3.41M	—	—	2.37M
Minority Interest in Earnings	-1.31M	-0.23M	-0.17M	-1.69M	-0.93M
Income Tax Expense	—	—	—	—	4.98K
Effective Tax Rate	—	—	—	—	+5.2%
Per Share & Capital
EPS (Basic)	-0.07	-0.00	-0.01	-0.00	0.00
EPS (Diluted)	-0.07	-0.00	-0.01	-0.00	0.00
Dividend Per Share	—	—	—	—	0.01
Shares Change (YoY)	0.07	—	-0	-0.01	0.01
Shares Outstanding (Basic)	1.10B	1.03B	1.03B	1.03B	1.04B
Shares Outstanding (Diluted)	1.10B	1.03B	1.03B	1.03B	1.04B
Free Cash Flow	7.70M	4.11M	-2.48M	0.51M	-7.78M
Free Cash Flow Margin	+12.7%	+5.9%	-3.9%	+0.7%	-9.6%
Free Cash Flow Per Share	0.01	0.00	-0.00	0.00	-0.01
Payout Ratio	—	—	—	—	+1.8%
Supplemental
Other Unusual Items	-4.75M	-0.56M	-1.11M	-0.34M	-4.09M

Financials

Annual (KWD)

ALIMTIAZ INVESTMENT GROUP CO.

Annual (KWD)