ARKAN AL-KUWAIT REAL ESTATE CO.

Arkan Al-Kuwait Real Estate Co. (K.S.C.)

ARKANStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Oct 31, 2025	2024Oct 31, 2024	2023Oct 31, 2023	2022Oct 31, 2022	2021Oct 31, 2021
Operating Summary
Revenue	11.60M	11.27M	9.13M	6.76M	5.34M
Cost of Revenue	5.00M	4.87M	3.19M	0.71M	0.50M
Gross Profit	6.61M	6.40M	5.94M	6.05M	4.84M
SG&A	3.61M	3.45M	4.13M	3.27M	1.46M
Operating Expenses	3.84M	3.70M	4.08M	3.37M	1.61M
Operating Income	2.77M	2.70M	1.87M	2.68M	3.23M
Interest Expense	-2.97M	-3.15M	-2.84M	-1.84M	-1.20M
Other Income/Expense	-301.88K	-84.03K	-35.06K	-109.68K	-97.36K
Pretax Income	3.05M	2.14M	0.90M	2.44M	2.03M
Net Income	2.75M	1.58M	0.26M	2.22M	2.03M
EBITDA	4.29M	4.12M	2.95M	2.81M	3.37M
EBIT	2.77M	2.70M	1.87M	2.68M	3.23M
EPS (Basic)	0.01	0.01	0.00	0.01	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.01
DPS	0.01	—	—	0.01	0.01
Margins & Efficiency
Gross Margin %	+56.9%	+56.8%	+65.1%	+89.5%	+90.7%
EBITDA Margin %	+37.0%	+36.6%	+32.2%	+41.6%	+63.1%
Net Margin %	+23.7%	+14.0%	+2.9%	+32.8%	+38.0%
Revenue & Income
Revenue	11.60M	11.27M	9.13M	6.76M	5.34M
Revenue Growth (YoY)	+2.9%	+23.4%	+35.2%	+26.6%	+2.8%
Operating Revenue	11.30M	11.05M	8.92M	6.69M	5.17M
Other Revenue	299.79K	222.74K	210.35K	66.89K	170.44K
Gain (Loss) on Sale of Assets	1.28M	1.57M	1.39M	1.10M	0.10M
Expenses & Provisions
Cost of Revenue	5.00M	4.87M	3.19M	0.71M	0.50M
Selling, General & Admin	3.61M	3.45M	4.13M	3.27M	1.46M
Operating Expenses	3.84M	3.70M	4.08M	3.37M	1.61M
Interest Expense	-2.97M	-3.15M	-2.84M	-1.84M	-1.20M
Other Non Operating Income (Expenses)	-301.88K	-84.03K	-35.06K	-109.68K	-97.36K
Asset Writedown	2.27M	1.10M	0.51M	-0.79M	—
D&A For EBITDA	1.52M	1.43M	1.08M	0.13M	0.14M
Profitability & Returns
Gross Profit	6.61M	6.40M	5.94M	6.05M	4.84M
Gross Margin	+56.9%	+56.8%	+65.1%	+89.5%	+90.7%
EBIT	2.77M	2.70M	1.87M	2.68M	3.23M
EBIT Margin	+23.9%	+23.9%	+20.4%	+39.6%	+60.5%
EBITDA	4.29M	4.12M	2.95M	2.81M	3.37M
EBITDA Margin	+37.0%	+36.6%	+32.2%	+41.6%	+63.1%
EBT Excluding Unusual Items	-0.50M	-0.53M	-1.01M	0.73M	1.93M
Pretax Income	3.05M	2.14M	0.90M	2.44M	2.03M
Operating Income	2.77M	2.70M	1.87M	2.68M	3.23M
Operating Margin	+23.9%	+23.9%	+20.4%	+39.6%	+60.5%
Profit Margin	+23.7%	+14.0%	+2.9%	+32.8%	+38.0%
Net Income	2.75M	1.58M	0.26M	2.22M	2.03M
Net Income to Common	2.75M	1.58M	0.26M	2.22M	2.03M
Net Income Growth	+73.9%	+498.0%	-88.1%	+9.4%	+98.1%
Earnings From Continuing Ops.	3.05M	2.14M	0.90M	2.44M	2.03M
Minority Interest in Earnings	-296.89K	-553.38K	-633.69K	-222.11K	—
Per Share & Capital
EPS (Basic)	0.01	0.01	0.00	0.01	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.01
EPS Growth	+53.3%	+498.5%	-88.1%	+9.4%	+98.1%
Dividend Per Share	0.01	—	—	0.01	0.01
Shares Change (YoY)	0.13	—	0	—	—
Shares Outstanding (Basic)	284.99M	251.15M	251.15M	251.15M	251.15M
Shares Outstanding (Diluted)	284.99M	251.15M	251.15M	251.15M	251.15M
Free Cash Flow	4.34M	3.49M	0.96M	-3.35M	2.91M
Free Cash Flow Margin	+37.4%	+30.9%	+10.5%	-49.6%	+54.4%
Free Cash Flow Per Share	0.02	0.01	0.00	-0.01	0.01
Payout Ratio	+68.0%	+3.6%	+566.2%	+68.2%	+76.2%
Supplemental
Other Unusual Items	—	—	—	1.39M	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Oct 31, 2025	2024Oct 31, 2024	2023Oct 31, 2023	2022Oct 31, 2022	2021Oct 31, 2021
Operating Summary
Revenue	11.60M	11.27M	9.13M	6.76M	5.34M
Cost of Revenue	5.00M	4.87M	3.19M	0.71M	0.50M
Gross Profit	6.61M	6.40M	5.94M	6.05M	4.84M
SG&A	3.61M	3.45M	4.13M	3.27M	1.46M
Operating Expenses	3.84M	3.70M	4.08M	3.37M	1.61M
Operating Income	2.77M	2.70M	1.87M	2.68M	3.23M
Interest Expense	-2.97M	-3.15M	-2.84M	-1.84M	-1.20M
Other Income/Expense	-301.88K	-84.03K	-35.06K	-109.68K	-97.36K
Pretax Income	3.05M	2.14M	0.90M	2.44M	2.03M
Net Income	2.75M	1.58M	0.26M	2.22M	2.03M
EBITDA	4.29M	4.12M	2.95M	2.81M	3.37M
EBIT	2.77M	2.70M	1.87M	2.68M	3.23M
EPS (Basic)	0.01	0.01	0.00	0.01	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.01
DPS	0.01	—	—	0.01	0.01
Margins & Efficiency
Gross Margin %	+56.9%	+56.8%	+65.1%	+89.5%	+90.7%
EBITDA Margin %	+37.0%	+36.6%	+32.2%	+41.6%	+63.1%
Net Margin %	+23.7%	+14.0%	+2.9%	+32.8%	+38.0%
Revenue & Income
Revenue	11.60M	11.27M	9.13M	6.76M	5.34M
Revenue Growth (YoY)	+2.9%	+23.4%	+35.2%	+26.6%	+2.8%
Operating Revenue	11.30M	11.05M	8.92M	6.69M	5.17M
Other Revenue	299.79K	222.74K	210.35K	66.89K	170.44K
Gain (Loss) on Sale of Assets	1.28M	1.57M	1.39M	1.10M	0.10M
Expenses & Provisions
Cost of Revenue	5.00M	4.87M	3.19M	0.71M	0.50M
Selling, General & Admin	3.61M	3.45M	4.13M	3.27M	1.46M
Operating Expenses	3.84M	3.70M	4.08M	3.37M	1.61M
Interest Expense	-2.97M	-3.15M	-2.84M	-1.84M	-1.20M
Other Non Operating Income (Expenses)	-301.88K	-84.03K	-35.06K	-109.68K	-97.36K
Asset Writedown	2.27M	1.10M	0.51M	-0.79M	—
D&A For EBITDA	1.52M	1.43M	1.08M	0.13M	0.14M
Profitability & Returns
Gross Profit	6.61M	6.40M	5.94M	6.05M	4.84M
Gross Margin	+56.9%	+56.8%	+65.1%	+89.5%	+90.7%
EBIT	2.77M	2.70M	1.87M	2.68M	3.23M
EBIT Margin	+23.9%	+23.9%	+20.4%	+39.6%	+60.5%
EBITDA	4.29M	4.12M	2.95M	2.81M	3.37M
EBITDA Margin	+37.0%	+36.6%	+32.2%	+41.6%	+63.1%
EBT Excluding Unusual Items	-0.50M	-0.53M	-1.01M	0.73M	1.93M
Pretax Income	3.05M	2.14M	0.90M	2.44M	2.03M
Operating Income	2.77M	2.70M	1.87M	2.68M	3.23M
Operating Margin	+23.9%	+23.9%	+20.4%	+39.6%	+60.5%
Profit Margin	+23.7%	+14.0%	+2.9%	+32.8%	+38.0%
Net Income	2.75M	1.58M	0.26M	2.22M	2.03M
Net Income to Common	2.75M	1.58M	0.26M	2.22M	2.03M
Net Income Growth	+73.9%	+498.0%	-88.1%	+9.4%	+98.1%
Earnings From Continuing Ops.	3.05M	2.14M	0.90M	2.44M	2.03M
Minority Interest in Earnings	-296.89K	-553.38K	-633.69K	-222.11K	—
Per Share & Capital
EPS (Basic)	0.01	0.01	0.00	0.01	0.01
EPS (Diluted)	0.01	0.01	0.00	0.01	0.01
EPS Growth	+53.3%	+498.5%	-88.1%	+9.4%	+98.1%
Dividend Per Share	0.01	—	—	0.01	0.01
Shares Change (YoY)	0.13	—	0	—	—
Shares Outstanding (Basic)	284.99M	251.15M	251.15M	251.15M	251.15M
Shares Outstanding (Diluted)	284.99M	251.15M	251.15M	251.15M	251.15M
Free Cash Flow	4.34M	3.49M	0.96M	-3.35M	2.91M
Free Cash Flow Margin	+37.4%	+30.9%	+10.5%	-49.6%	+54.4%
Free Cash Flow Per Share	0.02	0.01	0.00	-0.01	0.01
Payout Ratio	+68.0%	+3.6%	+566.2%	+68.2%	+76.2%
Supplemental
Other Unusual Items	—	—	—	1.39M	—