Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	8.11M	9.18M	9.48M	7.04M	6.98M
Cost of Revenue	4.63M	4.45M	4.36M	3.38M	3.41M
Gross Profit	3.48M	4.73M	5.12M	3.66M	3.58M
SG&A	517.76K	356.64K	282.70K	307.06K	395.34K
Operating Expenses	2.21M	1.26M	2.68M	2.38M	3.45M
Operating Income	1.27M	3.47M	2.43M	1.27M	0.13M
Interest Expense	-4.55M	-5.21M	-4.09M	-3.40M	-3.81M
Other Income/Expense	2.00M	0.30M	0.19M	—	—
Pretax Income	1.61M	2.79M	2.09M	-10.50M	-3.58M
Income Tax	13.31K	18.59K	24.89K	—	—
Net Income	1.59M	2.77M	2.06M	-10.50M	-3.58M
EBITDA	1.91M	4.14M	3.09M	1.95M	0.82M
EBIT	1.27M	3.47M	2.43M	1.27M	0.13M
EPS (Basic)	0.00	0.01	0.01	-0.03	-0.01
EPS (Diluted)	0.00	0.01	0.01	-0.03	-0.01
DPS	0.00	0.00	—	—	—
Margins & Efficiency
Gross Margin %	+42.9%	+51.5%	+54.0%	+52.0%	+51.2%
EBITDA Margin %	+23.5%	+45.1%	+32.6%	+27.7%	+11.7%
Net Margin %	+19.6%	+30.1%	+21.7%	-149.3%	-51.3%
Revenue & Income
Revenue	8.11M	9.18M	9.48M	7.04M	6.98M
Revenue as Reported	12.99M	13.74M	13.33M	-1.34M	6.98M
Revenue Growth (YoY)	-11.6%	-3.2%	+34.8%	+0.7%	-41.1%
Operating Revenue	7.89M	8.96M	9.35M	6.93M	6.59M
Other Revenue	220.42K	220.69K	128.39K	100.50K	395.04K
Gain (Loss) on Sale of Assets	-4.41M	1.40M	0.18M	-0.17M	—
Currency Exchange Gain (Loss)	15.29K	-15.78K	-109.67K	49.42K	-4.84K
Expenses & Provisions
Cost of Revenue	4.63M	4.45M	4.36M	3.38M	3.41M
Selling, General & Admin	517.76K	356.64K	282.70K	307.06K	395.34K
Operating Expenses	2.21M	1.26M	2.68M	2.38M	3.45M
Other Operating Expenses	1.09M	0.02M	1.71M	1.35M	2.33M
Interest Expense	-4.55M	-5.21M	-4.09M	-3.40M	-3.81M
Other Non Operating Income (Expenses)	2.00M	0.30M	0.19M	—	—
Asset Writedown	2.28M	1.85M	3.49M	-8.25M	0.11M
D&A For EBITDA	637.59K	667.59K	663.02K	679.94K	693.22K
Profitability & Returns
Gross Profit	3.48M	4.73M	5.12M	3.66M	3.58M
Gross Margin	+42.9%	+51.5%	+54.0%	+52.0%	+51.2%
EBIT	1.27M	3.47M	2.43M	1.27M	0.13M
EBIT Margin	+15.7%	+37.8%	+25.6%	+18.1%	+1.8%
EBITDA	1.91M	4.14M	3.09M	1.95M	0.82M
EBITDA Margin	+23.5%	+45.1%	+32.6%	+27.7%	+11.7%
EBT Excluding Unusual Items	-1.26M	-1.46M	-1.58M	-2.08M	-3.69M
Pretax Income	1.61M	2.79M	2.09M	-10.50M	-3.58M
Operating Income	1.27M	3.47M	2.43M	1.27M	0.13M
Operating Margin	+15.7%	+37.8%	+25.6%	+18.1%	+1.8%
Profit Margin	+19.6%	+30.1%	+21.7%	-149.3%	-51.3%
Net Income	1.59M	2.77M	2.06M	-10.50M	-3.58M
Net Income to Common	1.59M	2.77M	2.06M	-10.50M	-3.58M
Net Income Growth	-42.4%	+34.3%	—	—	—
Income Tax Expense	13.31K	18.59K	24.89K	—	—
Effective Tax Rate	+0.8%	+0.7%	+1.2%	—	—
Per Share & Capital
EPS (Basic)	0.00	0.01	0.01	-0.03	-0.01
EPS (Diluted)	0.00	0.01	0.01	-0.03	-0.01
EPS Growth	-42.1%	+34.5%	—	—	—
Dividend Per Share	0.00	0.00	—	—	—
Shares Change (YoY)	-0.01	-0	-0	—	—
Shares Outstanding (Basic)	379.57M	381.73M	382.51M	382.51M	382.51M
Shares Outstanding (Diluted)	379.57M	381.73M	382.51M	382.51M	382.51M
Dividend Growth	-14.3%	—	—	—	—
Free Cash Flow	2.60M	2.92M	4.48M	1.72M	-3.85M
Free Cash Flow Margin	+32.1%	+31.8%	+47.3%	+24.4%	-55.1%
Free Cash Flow Per Share	0.01	0.01	0.01	0.00	-0.01
Payout Ratio	+63.2%	—	—	—	—
Supplemental
Other Unusual Items	5.00M	0.99M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	8.11M	9.18M	9.48M	7.04M	6.98M
Cost of Revenue	4.63M	4.45M	4.36M	3.38M	3.41M
Gross Profit	3.48M	4.73M	5.12M	3.66M	3.58M
SG&A	517.76K	356.64K	282.70K	307.06K	395.34K
Operating Expenses	2.21M	1.26M	2.68M	2.38M	3.45M
Operating Income	1.27M	3.47M	2.43M	1.27M	0.13M
Interest Expense	-4.55M	-5.21M	-4.09M	-3.40M	-3.81M
Other Income/Expense	2.00M	0.30M	0.19M	—	—
Pretax Income	1.61M	2.79M	2.09M	-10.50M	-3.58M
Income Tax	13.31K	18.59K	24.89K	—	—
Net Income	1.59M	2.77M	2.06M	-10.50M	-3.58M
EBITDA	1.91M	4.14M	3.09M	1.95M	0.82M
EBIT	1.27M	3.47M	2.43M	1.27M	0.13M
EPS (Basic)	0.00	0.01	0.01	-0.03	-0.01
EPS (Diluted)	0.00	0.01	0.01	-0.03	-0.01
DPS	0.00	0.00	—	—	—
Margins & Efficiency
Gross Margin %	+42.9%	+51.5%	+54.0%	+52.0%	+51.2%
EBITDA Margin %	+23.5%	+45.1%	+32.6%	+27.7%	+11.7%
Net Margin %	+19.6%	+30.1%	+21.7%	-149.3%	-51.3%
Revenue & Income
Revenue	8.11M	9.18M	9.48M	7.04M	6.98M
Revenue as Reported	12.99M	13.74M	13.33M	-1.34M	6.98M
Revenue Growth (YoY)	-11.6%	-3.2%	+34.8%	+0.7%	-41.1%
Operating Revenue	7.89M	8.96M	9.35M	6.93M	6.59M
Other Revenue	220.42K	220.69K	128.39K	100.50K	395.04K
Gain (Loss) on Sale of Assets	-4.41M	1.40M	0.18M	-0.17M	—
Currency Exchange Gain (Loss)	15.29K	-15.78K	-109.67K	49.42K	-4.84K
Expenses & Provisions
Cost of Revenue	4.63M	4.45M	4.36M	3.38M	3.41M
Selling, General & Admin	517.76K	356.64K	282.70K	307.06K	395.34K
Operating Expenses	2.21M	1.26M	2.68M	2.38M	3.45M
Other Operating Expenses	1.09M	0.02M	1.71M	1.35M	2.33M
Interest Expense	-4.55M	-5.21M	-4.09M	-3.40M	-3.81M
Other Non Operating Income (Expenses)	2.00M	0.30M	0.19M	—	—
Asset Writedown	2.28M	1.85M	3.49M	-8.25M	0.11M
D&A For EBITDA	637.59K	667.59K	663.02K	679.94K	693.22K
Profitability & Returns
Gross Profit	3.48M	4.73M	5.12M	3.66M	3.58M
Gross Margin	+42.9%	+51.5%	+54.0%	+52.0%	+51.2%
EBIT	1.27M	3.47M	2.43M	1.27M	0.13M
EBIT Margin	+15.7%	+37.8%	+25.6%	+18.1%	+1.8%
EBITDA	1.91M	4.14M	3.09M	1.95M	0.82M
EBITDA Margin	+23.5%	+45.1%	+32.6%	+27.7%	+11.7%
EBT Excluding Unusual Items	-1.26M	-1.46M	-1.58M	-2.08M	-3.69M
Pretax Income	1.61M	2.79M	2.09M	-10.50M	-3.58M
Operating Income	1.27M	3.47M	2.43M	1.27M	0.13M
Operating Margin	+15.7%	+37.8%	+25.6%	+18.1%	+1.8%
Profit Margin	+19.6%	+30.1%	+21.7%	-149.3%	-51.3%
Net Income	1.59M	2.77M	2.06M	-10.50M	-3.58M
Net Income to Common	1.59M	2.77M	2.06M	-10.50M	-3.58M
Net Income Growth	-42.4%	+34.3%	—	—	—
Income Tax Expense	13.31K	18.59K	24.89K	—	—
Effective Tax Rate	+0.8%	+0.7%	+1.2%	—	—
Per Share & Capital
EPS (Basic)	0.00	0.01	0.01	-0.03	-0.01
EPS (Diluted)	0.00	0.01	0.01	-0.03	-0.01
EPS Growth	-42.1%	+34.5%	—	—	—
Dividend Per Share	0.00	0.00	—	—	—
Shares Change (YoY)	-0.01	-0	-0	—	—
Shares Outstanding (Basic)	379.57M	381.73M	382.51M	382.51M	382.51M
Shares Outstanding (Diluted)	379.57M	381.73M	382.51M	382.51M	382.51M
Dividend Growth	-14.3%	—	—	—	—
Free Cash Flow	2.60M	2.92M	4.48M	1.72M	-3.85M
Free Cash Flow Margin	+32.1%	+31.8%	+47.3%	+24.4%	-55.1%
Free Cash Flow Per Share	0.01	0.01	0.01	0.00	-0.01
Payout Ratio	+63.2%	—	—	—	—
Supplemental
Other Unusual Items	5.00M	0.99M	—	—	—

Financials

Annual (KWD)

AL-ARABIY REAL ESTATE CO.

Annual (KWD)