First Investment Company

First Investment Co. K.S.C.P.

ALOLAStocksBoursa KuwaitDiversified Financials

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
Operating Summary
Revenue	2.70M	2.52M	2.62M	4.69M	1.94M
Cost of Revenue	433.46K	467.41K	465.59K	434.82K	329.39K
Gross Profit	2.27M	2.06M	2.15M	4.25M	1.61M
SG&A	2.63M	1.30M	1.06M	1.31M	1.35M
Operating Expenses	2.94M	1.62M	1.33M	1.56M	1.64M
Operating Income	-0.67M	0.44M	0.82M	2.69M	-0.03M
Interest Expense	-12.02K	-125.82K	-175.47K	-187.77K	-190.98K
Other Income/Expense	-546.53K	-690.03K	-853.17K	-727.95K	-726.49K
Pretax Income	10.51M	2.14M	0.39M	-22.34M	-0.97M
Income Tax	28.21K	15.87K	—	—	—
Net Income	10.49M	2.33M	0.21M	-22.52M	-1.14M
EBITDA	-0.39M	0.77M	1.16M	3.00M	0.30M
EBIT	-0.67M	0.44M	0.82M	2.69M	-0.03M
EPS (Basic)	0.02	0.01	0.00	-0.05	-0.00
EPS (Diluted)	0.02	0.01	0.00	-0.05	-0.00
Margins & Efficiency
Gross Margin %	+83.9%	+81.5%	+82.2%	+90.7%	+83.0%
EBITDA Margin %	-14.3%	+30.5%	+44.2%	+64.1%	+15.2%
Net Margin %	+388.9%	+92.3%	+8.1%	-480.5%	-58.9%
Revenue & Income
Revenue	2.70M	2.52M	2.62M	4.69M	1.94M
Revenue Growth (YoY)	+7.0%	-3.6%	-44.1%	+141.5%	-17.5%
Operating Revenue	1.54M	2.05M	2.17M	2.19M	1.92M
Other Revenue	1.16M	0.48M	0.45M	2.49M	0.02M
Gain (Loss) on Sale of Assets	—	-279.19K	—	—	-19.58K
Gain (Loss) on Sale of Investments	-1.25M	—	—	—	—
Currency Exchange Gain (Loss)	9.63K	-4.04K	3.97K	18.31K	-4.14K
Expenses & Provisions
Cost of Revenue	433.46K	467.41K	465.59K	434.82K	329.39K
Selling, General & Admin	2.63M	1.30M	1.06M	1.31M	1.35M
Operating Expenses	2.94M	1.62M	1.33M	1.56M	1.64M
Other Operating Expenses	87.56K	48.04K	—	—	—
Interest Expense	-12.02K	-125.82K	-175.47K	-187.77K	-190.98K
Other Non Operating Income (Expenses)	-546.53K	-690.03K	-853.17K	-727.95K	-726.49K
Legal Settlements	13.32M	2.80M	—	-24.13M	—
Asset Writedown	-139.00K	—	592.66K	—	—
Impairment of Goodwill	-190.00K	—	—	—	—
Amortization of Goodwill & Intangibles	59.77K	59.77K	59.77K	59.77K	59.77K
D&A For EBITDA	289.57K	332.60K	332.58K	314.73K	326.91K
Profitability & Returns
Gross Profit	2.27M	2.06M	2.15M	4.25M	1.61M
Gross Margin	+83.9%	+81.5%	+82.2%	+90.7%	+83.0%
EBIT	-0.67M	0.44M	0.82M	2.69M	-0.03M
EBIT Margin	-25.0%	+17.3%	+31.5%	+57.4%	-1.6%
EBITDA	-0.39M	0.77M	1.16M	3.00M	0.30M
EBITDA Margin	-14.3%	+30.5%	+44.2%	+64.1%	+15.2%
EBT Excluding Unusual Items	-1.22M	-0.38M	-0.20M	1.79M	-0.95M
Pretax Income	10.51M	2.14M	0.39M	-22.34M	-0.97M
Operating Income	-0.67M	0.44M	0.82M	2.69M	-0.03M
Operating Margin	-25.0%	+17.3%	+31.5%	+57.4%	-1.6%
Profit Margin	+388.9%	+92.3%	+8.1%	-480.5%	-58.9%
Net Income	10.49M	2.33M	0.21M	-22.52M	-1.14M
Net Income to Common	10.49M	2.33M	0.21M	-22.52M	-1.14M
Net Income to Company	10.48M	2.12M	0.39M	-22.34M	-0.97M
Net Income Growth	+350.7%	+994.4%	—	—	—
Earnings From Continuing Ops.	10.48M	2.12M	0.39M	-22.34M	-0.97M
Minority Interest in Earnings	8.94K	205.70K	-178.77K	-178.61K	-169.66K
Income Tax Expense	28.21K	15.87K	—	—	—
Effective Tax Rate	+0.3%	+0.7%	—	—	—
Per Share & Capital
EPS (Basic)	0.02	0.01	0.00	-0.05	-0.00
EPS (Diluted)	0.02	0.01	0.00	-0.05	-0.00
EPS Growth	+350.7%	+994.3%	—	—	—
Shares Change (YoY)	—	—	—	—	-0
Shares Outstanding (Basic)	445.98M	445.98M	445.98M	445.98M	445.98M
Shares Outstanding (Diluted)	445.98M	445.98M	445.98M	445.98M	445.98M
Free Cash Flow	0.55M	-0.23M	-1.52M	-2.64M	-0.92M
Free Cash Flow Margin	+20.5%	-9.2%	-57.9%	-56.4%	-47.4%
Free Cash Flow Per Share	0.00	-0.00	-0.00	-0.01	-0.00
Payout Ratio	0.0%	+0.1%	+1.3%	—	—

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	2.70M	2.52M	2.62M	4.69M	1.94M
Cost of Revenue	433.46K	467.41K	465.59K	434.82K	329.39K
Gross Profit	2.27M	2.06M	2.15M	4.25M	1.61M
SG&A	2.63M	1.30M	1.06M	1.31M	1.35M
Operating Expenses	2.94M	1.62M	1.33M	1.56M	1.64M
Operating Income	-0.67M	0.44M	0.82M	2.69M	-0.03M
Interest Expense	-12.02K	-125.82K	-175.47K	-187.77K	-190.98K
Other Income/Expense	-546.53K	-690.03K	-853.17K	-727.95K	-726.49K
Pretax Income	10.51M	2.14M	0.39M	-22.34M	-0.97M
Income Tax	28.21K	15.87K	—	—	—
Net Income	10.49M	2.33M	0.21M	-22.52M	-1.14M
EBITDA	-0.39M	0.77M	1.16M	3.00M	0.30M
EBIT	-0.67M	0.44M	0.82M	2.69M	-0.03M
EPS (Basic)	0.02	0.01	0.00	-0.05	-0.00
EPS (Diluted)	0.02	0.01	0.00	-0.05	-0.00
Margins & Efficiency
Gross Margin %	+83.9%	+81.5%	+82.2%	+90.7%	+83.0%
EBITDA Margin %	-14.3%	+30.5%	+44.2%	+64.1%	+15.2%
Net Margin %	+388.9%	+92.3%	+8.1%	-480.5%	-58.9%
Revenue & Income
Revenue	2.70M	2.52M	2.62M	4.69M	1.94M
Revenue Growth (YoY)	+7.0%	-3.6%	-44.1%	+141.5%	-17.5%
Operating Revenue	1.54M	2.05M	2.17M	2.19M	1.92M
Other Revenue	1.16M	0.48M	0.45M	2.49M	0.02M
Gain (Loss) on Sale of Assets	—	-279.19K	—	—	-19.58K
Gain (Loss) on Sale of Investments	-1.25M	—	—	—	—
Currency Exchange Gain (Loss)	9.63K	-4.04K	3.97K	18.31K	-4.14K
Expenses & Provisions
Cost of Revenue	433.46K	467.41K	465.59K	434.82K	329.39K
Selling, General & Admin	2.63M	1.30M	1.06M	1.31M	1.35M
Operating Expenses	2.94M	1.62M	1.33M	1.56M	1.64M
Other Operating Expenses	87.56K	48.04K	—	—	—
Interest Expense	-12.02K	-125.82K	-175.47K	-187.77K	-190.98K
Other Non Operating Income (Expenses)	-546.53K	-690.03K	-853.17K	-727.95K	-726.49K
Legal Settlements	13.32M	2.80M	—	-24.13M	—
Asset Writedown	-139.00K	—	592.66K	—	—
Impairment of Goodwill	-190.00K	—	—	—	—
Amortization of Goodwill & Intangibles	59.77K	59.77K	59.77K	59.77K	59.77K
D&A For EBITDA	289.57K	332.60K	332.58K	314.73K	326.91K
Profitability & Returns
Gross Profit	2.27M	2.06M	2.15M	4.25M	1.61M
Gross Margin	+83.9%	+81.5%	+82.2%	+90.7%	+83.0%
EBIT	-0.67M	0.44M	0.82M	2.69M	-0.03M
EBIT Margin	-25.0%	+17.3%	+31.5%	+57.4%	-1.6%
EBITDA	-0.39M	0.77M	1.16M	3.00M	0.30M
EBITDA Margin	-14.3%	+30.5%	+44.2%	+64.1%	+15.2%
EBT Excluding Unusual Items	-1.22M	-0.38M	-0.20M	1.79M	-0.95M
Pretax Income	10.51M	2.14M	0.39M	-22.34M	-0.97M
Operating Income	-0.67M	0.44M	0.82M	2.69M	-0.03M
Operating Margin	-25.0%	+17.3%	+31.5%	+57.4%	-1.6%
Profit Margin	+388.9%	+92.3%	+8.1%	-480.5%	-58.9%
Net Income	10.49M	2.33M	0.21M	-22.52M	-1.14M
Net Income to Common	10.49M	2.33M	0.21M	-22.52M	-1.14M
Net Income to Company	10.48M	2.12M	0.39M	-22.34M	-0.97M
Net Income Growth	+350.7%	+994.4%	—	—	—
Earnings From Continuing Ops.	10.48M	2.12M	0.39M	-22.34M	-0.97M
Minority Interest in Earnings	8.94K	205.70K	-178.77K	-178.61K	-169.66K
Income Tax Expense	28.21K	15.87K	—	—	—
Effective Tax Rate	+0.3%	+0.7%	—	—	—
Per Share & Capital
EPS (Basic)	0.02	0.01	0.00	-0.05	-0.00
EPS (Diluted)	0.02	0.01	0.00	-0.05	-0.00
EPS Growth	+350.7%	+994.3%	—	—	—
Shares Change (YoY)	—	—	—	—	-0
Shares Outstanding (Basic)	445.98M	445.98M	445.98M	445.98M	445.98M
Shares Outstanding (Diluted)	445.98M	445.98M	445.98M	445.98M	445.98M
Free Cash Flow	0.55M	-0.23M	-1.52M	-2.64M	-0.92M
Free Cash Flow Margin	+20.5%	-9.2%	-57.9%	-56.4%	-47.4%
Free Cash Flow Per Share	0.00	-0.00	-0.00	-0.01	-0.00
Payout Ratio	0.0%	+0.1%	+1.3%	—	—