ALARGAN INTERNATIONAL REAL ESTATE CO.

Alargan International Real Estate Co.

ARGANStocksBoursa KuwaitConsumer Discretionary

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	9.89M	7.68M	19.83M	0.79M	2.44M
Cost of Revenue	—	—	—	—	—
Gross Profit	9.89M	7.68M	19.83M	0.79M	2.44M
SG&A	3.12M	2.56M	2.52M	2.31M	2.20M
Operating Expenses	4.43M	2.74M	3.36M	2.70M	2.52M
Operating Income	5.46M	4.95M	16.47M	-1.91M	-0.08M
Interest Expense	-8.27M	-7.47M	-6.52M	-5.27M	-4.73M
Other Income/Expense	0.01M	0.07M	-0.08M	-0.02M	1.63M
Pretax Income	-4.98M	-5.76M	6.26M	0.77M	0.16M
Net Income	-4.94M	-5.69M	6.34M	0.82M	0.05M
EBITDA	6.86M	5.83M	17.23M	-1.48M	0.22M
EBIT	5.46M	4.95M	16.47M	-1.91M	-0.08M
EPS (Basic)	-0.02	-0.02	0.02	0.00	0.00
EPS (Diluted)	-0.02	-0.02	0.02	0.00	0.00
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	+69.4%	+75.9%	+86.9%	-187.8%	+8.8%
Net Margin %	-50.0%	-74.0%	+32.0%	+104.2%	+2.0%
Revenue & Income
Revenue	9.89M	7.68M	19.83M	0.79M	2.44M
Revenue Growth (YoY)	+28.7%	-61.3%	+2,416.8%	-67.7%	+216.5%
Other Revenue	9.89M	7.68M	19.83M	0.79M	2.44M
Gain (Loss) on Sale of Assets	—	3.39K	400.28K	-439.79K	44.08K
Currency Exchange Gain (Loss)	—	—	—	-34.59K	-63.28K
Expenses & Provisions
Cost of Revenue	—	—	—	—	—
Selling, General & Admin	3.12M	2.56M	2.52M	2.31M	2.20M
Operating Expenses	4.43M	2.74M	3.36M	2.70M	2.52M
Other Operating Expenses	—	—	171.42K	32.82K	—
Interest Expense	-8.27M	-7.47M	-6.52M	-5.27M	-4.73M
Other Non Operating Income (Expenses)	0.01M	0.07M	-0.08M	-0.02M	1.63M
Asset Writedown	-2.19M	-3.30M	-4.01M	8.45M	3.29M
D&A For EBITDA	1.40M	0.88M	0.76M	0.43M	0.29M
Profitability & Returns
Gross Profit	9.89M	7.68M	19.83M	0.79M	2.44M
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	5.46M	4.95M	16.47M	-1.91M	-0.08M
EBIT Margin	+55.2%	+64.4%	+83.0%	-242.8%	-3.1%
EBITDA	6.86M	5.83M	17.23M	-1.48M	0.22M
EBITDA Margin	+69.4%	+75.9%	+86.9%	-187.8%	+8.8%
EBT Excluding Unusual Items	-2.79M	-2.46M	9.87M	-7.23M	-3.23M
Pretax Income	-4.98M	-5.76M	6.26M	0.77M	0.16M
Operating Income	5.46M	4.95M	16.47M	-1.91M	-0.08M
Operating Margin	+55.2%	+64.4%	+83.0%	-242.8%	-3.1%
Profit Margin	-50.0%	-74.0%	+32.0%	+104.2%	+2.0%
Net Income	-4.94M	-5.69M	6.34M	0.82M	0.05M
Net Income to Common	-4.94M	-5.69M	6.34M	0.82M	0.05M
Net Income to Company	-4.98M	-5.76M	6.26M	0.77M	0.16M
Net Income Growth	—	—	+672.0%	+1,582.3%	—
Earnings From Continuing Ops.	-4.98M	-5.76M	6.26M	0.77M	0.16M
Minority Interest in Earnings	35.49K	72.13K	80.29K	47.29K	-106.22K
Per Share & Capital
EPS (Basic)	-0.02	-0.02	0.02	0.00	0.00
EPS (Diluted)	-0.02	-0.02	0.02	0.00	0.00
EPS Growth	—	—	+672.3%	+1,591.9%	—
Shares Change (YoY)	0.01	0.03	-0	-0	-0
Shares Outstanding (Basic)	291.50M	289.72M	280.51M	280.58M	280.61M
Shares Outstanding (Diluted)	291.50M	289.72M	280.51M	280.58M	280.61M
Free Cash Flow	5.34M	2.77M	2.07M	-0.16M	3.96M
Free Cash Flow Margin	+54.0%	+36.0%	+10.4%	-20.2%	+162.3%
Free Cash Flow Per Share	0.02	0.01	0.01	-0.00	0.01
Payout Ratio	—	—	0.0%	+1.0%	+5.2%
Supplemental
Other Unusual Items	—	—	—	—	50.00K

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	9.89M	7.68M	19.83M	0.79M	2.44M
Cost of Revenue	—	—	—	—	—
Gross Profit	9.89M	7.68M	19.83M	0.79M	2.44M
SG&A	3.12M	2.56M	2.52M	2.31M	2.20M
Operating Expenses	4.43M	2.74M	3.36M	2.70M	2.52M
Operating Income	5.46M	4.95M	16.47M	-1.91M	-0.08M
Interest Expense	-8.27M	-7.47M	-6.52M	-5.27M	-4.73M
Other Income/Expense	0.01M	0.07M	-0.08M	-0.02M	1.63M
Pretax Income	-4.98M	-5.76M	6.26M	0.77M	0.16M
Net Income	-4.94M	-5.69M	6.34M	0.82M	0.05M
EBITDA	6.86M	5.83M	17.23M	-1.48M	0.22M
EBIT	5.46M	4.95M	16.47M	-1.91M	-0.08M
EPS (Basic)	-0.02	-0.02	0.02	0.00	0.00
EPS (Diluted)	-0.02	-0.02	0.02	0.00	0.00
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	+69.4%	+75.9%	+86.9%	-187.8%	+8.8%
Net Margin %	-50.0%	-74.0%	+32.0%	+104.2%	+2.0%
Revenue & Income
Revenue	9.89M	7.68M	19.83M	0.79M	2.44M
Revenue Growth (YoY)	+28.7%	-61.3%	+2,416.8%	-67.7%	+216.5%
Other Revenue	9.89M	7.68M	19.83M	0.79M	2.44M
Gain (Loss) on Sale of Assets	—	3.39K	400.28K	-439.79K	44.08K
Currency Exchange Gain (Loss)	—	—	—	-34.59K	-63.28K
Expenses & Provisions
Cost of Revenue	—	—	—	—	—
Selling, General & Admin	3.12M	2.56M	2.52M	2.31M	2.20M
Operating Expenses	4.43M	2.74M	3.36M	2.70M	2.52M
Other Operating Expenses	—	—	171.42K	32.82K	—
Interest Expense	-8.27M	-7.47M	-6.52M	-5.27M	-4.73M
Other Non Operating Income (Expenses)	0.01M	0.07M	-0.08M	-0.02M	1.63M
Asset Writedown	-2.19M	-3.30M	-4.01M	8.45M	3.29M
D&A For EBITDA	1.40M	0.88M	0.76M	0.43M	0.29M
Profitability & Returns
Gross Profit	9.89M	7.68M	19.83M	0.79M	2.44M
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	5.46M	4.95M	16.47M	-1.91M	-0.08M
EBIT Margin	+55.2%	+64.4%	+83.0%	-242.8%	-3.1%
EBITDA	6.86M	5.83M	17.23M	-1.48M	0.22M
EBITDA Margin	+69.4%	+75.9%	+86.9%	-187.8%	+8.8%
EBT Excluding Unusual Items	-2.79M	-2.46M	9.87M	-7.23M	-3.23M
Pretax Income	-4.98M	-5.76M	6.26M	0.77M	0.16M
Operating Income	5.46M	4.95M	16.47M	-1.91M	-0.08M
Operating Margin	+55.2%	+64.4%	+83.0%	-242.8%	-3.1%
Profit Margin	-50.0%	-74.0%	+32.0%	+104.2%	+2.0%
Net Income	-4.94M	-5.69M	6.34M	0.82M	0.05M
Net Income to Common	-4.94M	-5.69M	6.34M	0.82M	0.05M
Net Income to Company	-4.98M	-5.76M	6.26M	0.77M	0.16M
Net Income Growth	—	—	+672.0%	+1,582.3%	—
Earnings From Continuing Ops.	-4.98M	-5.76M	6.26M	0.77M	0.16M
Minority Interest in Earnings	35.49K	72.13K	80.29K	47.29K	-106.22K
Per Share & Capital
EPS (Basic)	-0.02	-0.02	0.02	0.00	0.00
EPS (Diluted)	-0.02	-0.02	0.02	0.00	0.00
EPS Growth	—	—	+672.3%	+1,591.9%	—
Shares Change (YoY)	0.01	0.03	-0	-0	-0
Shares Outstanding (Basic)	291.50M	289.72M	280.51M	280.58M	280.61M
Shares Outstanding (Diluted)	291.50M	289.72M	280.51M	280.58M	280.61M
Free Cash Flow	5.34M	2.77M	2.07M	-0.16M	3.96M
Free Cash Flow Margin	+54.0%	+36.0%	+10.4%	-20.2%	+162.3%
Free Cash Flow Per Share	0.02	0.01	0.01	-0.00	0.01
Payout Ratio	—	—	0.0%	+1.0%	+5.2%
Supplemental
Other Unusual Items	—	—	—	—	50.00K