ALKOUT INDUSTRIAL PROJECTS CO.

Al-Kout Industrial Projects Co. KSC

ALKOUTStocksBoursa 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	9.77M	10.50M	10.10M	13.19M	7.33M
Free Cash Flow	6.90M	6.99M	7.11M	9.14M	5.71M
Capital Expenditures	-2.87M	-3.51M	-2.99M	-4.05M	-1.62M
Investing & Financing
Investing Cash Flow	-2.80M	-3.45M	-2.97M	-3.00M	-1.57M
Financing Cash Flow	-7.29M	-5.33M	-5.30M	-9.13M	-3.67M
Dividends Paid	-7.06M	-5.12M	-5.00M	-4.04M	-2.02M
Operating Activities
Operating Cash Flow	9.77M	10.50M	10.10M	13.19M	7.33M
Net Income	6.88M	8.60M	8.07M	9.97M	4.98M
Change in Accounts Payable	417.40K	-338.50K	-769.38K	502.10K	117.89K
Change in Accounts Receivable	-0.74M	0.30M	-0.48M	-0.43M	-0.29M
Change in Inventory	0.06M	-1.01M	-0.13M	-0.60M	-0.80M
Change in Other Net Operating Assets	0.08M	0.02M	-0.02M	0.02M	-1.02M
Change in Working Capital	-0.18M	-1.03M	-1.40M	-0.50M	-2.00M
Other Operating Activities	0.00M	0.14M	0.06M	1.12M	0.34M
Provision & Write-off of Bad Debts	13.38K	72.90K	-46.29K	192.89K	512.87K
Depreciation & Amortization	3.12M	3.06M	2.92M	2.73M	2.81M
Cash Interest Paid	10.54K	8.89K	24.11K	120.88K	129.70K
Cash Income Tax Paid	384.67K	379.16K	473.26K	302.11K	—
Loss (Gain) on Equity Investments	-0.07M	-0.34M	0.50M	-0.05M	0.41M
Asset Writedown & Restructuring Costs	—	—	—	—	—
Investing Activities
Investing Cash Flow	-2.80M	-3.45M	-2.97M	-3.00M	-1.57M
Capital Expenditures	-2.87M	-3.51M	-2.99M	-4.05M	-1.62M
Investment in Securities	—	—	—	979.95K	—
Other Investing Activities	66.45K	55.79K	22.07K	62.65K	44.16K
Loss (Gain) on Sale of Investments	—	—	—	-264.84K	268.79K
Financing Activities
Financing Cash Flow	-7.29M	-5.33M	-5.30M	-9.13M	-3.67M
Common Dividends Paid	-7.06M	-5.12M	-5.00M	-4.04M	-2.02M
Short-Term Debt Issued	2.50M	2.00M	1.80M	8.45M	2.00M
Total Debt Issued	2.50M	2.00M	1.80M	8.45M	2.00M
Long-Term Debt Repaid	-218.65K	-203.64K	-270.42K	-319.07K	-327.84K
Short-Term Debt Repaid	-2.50M	-2.00M	-1.80M	-13.10M	-3.20M
Total Debt Repaid	-2.72M	-2.20M	-2.07M	-13.42M	-3.52M
Net Debt Issued (Repaid)	-0.22M	-0.20M	-0.27M	-4.97M	-1.52M
Other Financing Activities	-10.54K	-8.89K	-24.11K	-120.88K	-129.70K
Free Cash Flow & Returns
Free Cash Flow	6.90M	6.99M	7.11M	9.14M	5.71M
Free Cash Flow Growth	-1.3%	-1.6%	-22.3%	+60.0%	+249.4%
Free Cash Flow Margin	+18.4%	+18.5%	+20.2%	+23.8%	+18.2%
Free Cash Flow Per Share	0.07	0.07	0.07	0.09	0.06
Levered Free Cash Flow	4.00M	3.80M	3.97M	5.64M	3.85M
Unlevered Free Cash Flow	4.02M	3.82M	3.99M	5.73M	3.95M
Operating Cash Flow Growth	-7.0%	+4.0%	-23.4%	+79.9%	+60.3%
Net Cash Flow	-0.36M	1.73M	1.84M	1.09M	2.08M
Foreign Exchange Rate Adjustments	-40.68K	10.42K	7.78K	32.82K	-3.68K

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	9.77M	10.50M	10.10M	13.19M	7.33M
Free Cash Flow	6.90M	6.99M	7.11M	9.14M	5.71M
Capital Expenditures	-2.87M	-3.51M	-2.99M	-4.05M	-1.62M
Investing & Financing
Investing Cash Flow	-2.80M	-3.45M	-2.97M	-3.00M	-1.57M
Financing Cash Flow	-7.29M	-5.33M	-5.30M	-9.13M	-3.67M
Dividends Paid	-7.06M	-5.12M	-5.00M	-4.04M	-2.02M
Operating Activities
Operating Cash Flow	9.77M	10.50M	10.10M	13.19M	7.33M
Net Income	6.88M	8.60M	8.07M	9.97M	4.98M
Change in Accounts Payable	417.40K	-338.50K	-769.38K	502.10K	117.89K
Change in Accounts Receivable	-0.74M	0.30M	-0.48M	-0.43M	-0.29M
Change in Inventory	0.06M	-1.01M	-0.13M	-0.60M	-0.80M
Change in Other Net Operating Assets	0.08M	0.02M	-0.02M	0.02M	-1.02M
Change in Working Capital	-0.18M	-1.03M	-1.40M	-0.50M	-2.00M
Other Operating Activities	0.00M	0.14M	0.06M	1.12M	0.34M
Provision & Write-off of Bad Debts	13.38K	72.90K	-46.29K	192.89K	512.87K
Depreciation & Amortization	3.12M	3.06M	2.92M	2.73M	2.81M
Cash Interest Paid	10.54K	8.89K	24.11K	120.88K	129.70K
Cash Income Tax Paid	384.67K	379.16K	473.26K	302.11K	—
Loss (Gain) on Equity Investments	-0.07M	-0.34M	0.50M	-0.05M	0.41M
Asset Writedown & Restructuring Costs	—	—	—	—	—
Investing Activities
Investing Cash Flow	-2.80M	-3.45M	-2.97M	-3.00M	-1.57M
Capital Expenditures	-2.87M	-3.51M	-2.99M	-4.05M	-1.62M
Investment in Securities	—	—	—	979.95K	—
Other Investing Activities	66.45K	55.79K	22.07K	62.65K	44.16K
Loss (Gain) on Sale of Investments	—	—	—	-264.84K	268.79K
Financing Activities
Financing Cash Flow	-7.29M	-5.33M	-5.30M	-9.13M	-3.67M
Common Dividends Paid	-7.06M	-5.12M	-5.00M	-4.04M	-2.02M
Short-Term Debt Issued	2.50M	2.00M	1.80M	8.45M	2.00M
Total Debt Issued	2.50M	2.00M	1.80M	8.45M	2.00M
Long-Term Debt Repaid	-218.65K	-203.64K	-270.42K	-319.07K	-327.84K
Short-Term Debt Repaid	-2.50M	-2.00M	-1.80M	-13.10M	-3.20M
Total Debt Repaid	-2.72M	-2.20M	-2.07M	-13.42M	-3.52M
Net Debt Issued (Repaid)	-0.22M	-0.20M	-0.27M	-4.97M	-1.52M
Other Financing Activities	-10.54K	-8.89K	-24.11K	-120.88K	-129.70K
Free Cash Flow & Returns
Free Cash Flow	6.90M	6.99M	7.11M	9.14M	5.71M
Free Cash Flow Growth	-1.3%	-1.6%	-22.3%	+60.0%	+249.4%
Free Cash Flow Margin	+18.4%	+18.5%	+20.2%	+23.8%	+18.2%
Free Cash Flow Per Share	0.07	0.07	0.07	0.09	0.06
Levered Free Cash Flow	4.00M	3.80M	3.97M	5.64M	3.85M
Unlevered Free Cash Flow	4.02M	3.82M	3.99M	5.73M	3.95M
Operating Cash Flow Growth	-7.0%	+4.0%	-23.4%	+79.9%	+60.3%
Net Cash Flow	-0.36M	1.73M	1.84M	1.09M	2.08M
Foreign Exchange Rate Adjustments	-40.68K	10.42K	7.78K	32.82K	-3.68K