Advanced Technology Company

Advanced Technology Co.

ATCStocksBoursa KuwaitIndustrials

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	160.35M	179.20M	168.59M	165.50M	142.26M
Cost of Revenue	129.86M	134.82M	127.73M	122.77M	95.32M
Gross Profit	30.49M	44.38M	40.86M	42.73M	46.94M
SG&A	29.29M	24.26M	19.74M	22.24M	28.68M
Operating Expenses	41.44M	34.36M	28.04M	29.19M	36.54M
Operating Income	-10.95M	10.01M	12.82M	13.54M	10.40M
Interest Income	0.38M	0.20M	0.34M	1.21M	0.72M
Interest Expense	-11.21M	-11.91M	-10.80M	-6.87M	-5.65M
Other Income/Expense	0.54M	0.29M	0.30M	-0.03M	0.03M
Pretax Income	-21.31M	-2.12M	3.53M	7.14M	5.49M
Income Tax	—	35.21K	23.30K	128.61K	187.11K
Net Income	-16.24M	0.70M	5.03M	7.01M	5.30M
EBITDA	-1.80M	17.00M	18.10M	17.73M	15.25M
EBIT	-10.95M	10.01M	12.82M	13.54M	10.40M
EPS (Basic)	-0.09	0.00	0.03	0.04	0.03
EPS (Diluted)	-0.09	0.00	0.03	0.04	0.03
DPS	—	—	0.02	0.02	0.01
Margins & Efficiency
Gross Margin %	+19.0%	+24.8%	+24.2%	+25.8%	+33.0%
EBITDA Margin %	-1.1%	+9.5%	+10.7%	+10.7%	+10.7%
Net Margin %	-10.1%	+0.4%	+3.0%	+4.2%	+3.7%
Revenue & Income
Revenue	160.35M	179.20M	168.59M	165.50M	142.26M
Revenue Growth (YoY)	-10.5%	+6.3%	+1.9%	+16.3%	-0.4%
Interest & Investment Income	0.38M	0.20M	0.34M	1.21M	0.72M
Earnings From Equity Investments	-0.02M	0.01M	-0.01M	-0.71M	-0.01M
Gain (Loss) on Sale of Investments	—	—	870.78K	—	—
Expenses & Provisions
Advertising Expenses	4.12M	3.43M	2.94M	1.64M	1.61M
Cost of Revenue	129.86M	134.82M	127.73M	122.77M	95.32M
Selling, General & Admin	29.29M	24.26M	19.74M	22.24M	28.68M
Operating Expenses	41.44M	34.36M	28.04M	29.19M	36.54M
Other Operating Expenses	—	88.01K	58.24K	321.53K	467.77K
Interest Expense	-11.21M	-11.91M	-10.80M	-6.87M	-5.65M
Other Non Operating Income (Expenses)	0.54M	0.29M	0.30M	-0.03M	0.03M
Asset Writedown	-0.05M	-0.73M	—	-0.00M	—
D&A For EBITDA	9.15M	6.98M	5.27M	4.19M	4.85M
Profitability & Returns
Gross Profit	30.49M	44.38M	40.86M	42.73M	46.94M
Gross Margin	+19.0%	+24.8%	+24.2%	+25.8%	+33.0%
EBIT	-10.95M	10.01M	12.82M	13.54M	10.40M
EBIT Margin	-6.8%	+5.6%	+7.6%	+8.2%	+7.3%
EBITDA	-1.80M	17.00M	18.10M	17.73M	15.25M
EBITDA Margin	-1.1%	+9.5%	+10.7%	+10.7%	+10.7%
EBT Excluding Unusual Items	-21.26M	-1.39M	2.66M	7.14M	5.49M
Pretax Income	-21.31M	-2.12M	3.53M	7.14M	5.49M
Operating Income	-10.95M	10.01M	12.82M	13.54M	10.40M
Operating Margin	-6.8%	+5.6%	+7.6%	+8.2%	+7.3%
Profit Margin	-10.1%	+0.4%	+3.0%	+4.2%	+3.7%
Net Income	-16.24M	0.70M	5.03M	7.01M	5.30M
Net Income to Common	-16.24M	0.70M	5.03M	7.01M	5.30M
Net Income Growth	—	-86.0%	-28.3%	+32.3%	+33.6%
Earnings From Continuing Ops.	-21.31M	-2.16M	3.51M	7.01M	5.30M
Minority Interest in Earnings	5.06M	2.86M	1.52M	—	—
Income Tax Expense	—	35.21K	23.30K	128.61K	187.11K
Effective Tax Rate	—	—	+0.7%	+1.8%	+3.4%
Per Share & Capital
EPS (Basic)	-0.09	0.00	0.03	0.04	0.03
EPS (Diluted)	-0.09	0.00	0.03	0.04	0.03
EPS Growth	—	-86.0%	-28.3%	+32.3%	+33.6%
Dividend Per Share	—	—	0.02	0.02	0.01
Shares Change (YoY)	-0	—	—	—	—
Shares Outstanding (Basic)	179.39M	180.00M	180.00M	180.00M	180.00M
Shares Outstanding (Diluted)	179.39M	180.00M	180.00M	180.00M	180.00M
Dividend Growth	—	—	—	+33.6%	—
Free Cash Flow	22.88M	0.85M	28.02M	37.03M	2.57M
Free Cash Flow Margin	+14.3%	+0.5%	+16.6%	+22.4%	+1.8%
Free Cash Flow Per Share	0.13	0.01	0.16	0.21	0.01
Payout Ratio	—	+427.0%	+59.8%	+31.9%	+42.4%

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	160.35M	179.20M	168.59M	165.50M	142.26M
Cost of Revenue	129.86M	134.82M	127.73M	122.77M	95.32M
Gross Profit	30.49M	44.38M	40.86M	42.73M	46.94M
SG&A	29.29M	24.26M	19.74M	22.24M	28.68M
Operating Expenses	41.44M	34.36M	28.04M	29.19M	36.54M
Operating Income	-10.95M	10.01M	12.82M	13.54M	10.40M
Interest Income	0.38M	0.20M	0.34M	1.21M	0.72M
Interest Expense	-11.21M	-11.91M	-10.80M	-6.87M	-5.65M
Other Income/Expense	0.54M	0.29M	0.30M	-0.03M	0.03M
Pretax Income	-21.31M	-2.12M	3.53M	7.14M	5.49M
Income Tax	—	35.21K	23.30K	128.61K	187.11K
Net Income	-16.24M	0.70M	5.03M	7.01M	5.30M
EBITDA	-1.80M	17.00M	18.10M	17.73M	15.25M
EBIT	-10.95M	10.01M	12.82M	13.54M	10.40M
EPS (Basic)	-0.09	0.00	0.03	0.04	0.03
EPS (Diluted)	-0.09	0.00	0.03	0.04	0.03
DPS	—	—	0.02	0.02	0.01
Margins & Efficiency
Gross Margin %	+19.0%	+24.8%	+24.2%	+25.8%	+33.0%
EBITDA Margin %	-1.1%	+9.5%	+10.7%	+10.7%	+10.7%
Net Margin %	-10.1%	+0.4%	+3.0%	+4.2%	+3.7%
Revenue & Income
Revenue	160.35M	179.20M	168.59M	165.50M	142.26M
Revenue Growth (YoY)	-10.5%	+6.3%	+1.9%	+16.3%	-0.4%
Interest & Investment Income	0.38M	0.20M	0.34M	1.21M	0.72M
Earnings From Equity Investments	-0.02M	0.01M	-0.01M	-0.71M	-0.01M
Gain (Loss) on Sale of Investments	—	—	870.78K	—	—
Expenses & Provisions
Advertising Expenses	4.12M	3.43M	2.94M	1.64M	1.61M
Cost of Revenue	129.86M	134.82M	127.73M	122.77M	95.32M
Selling, General & Admin	29.29M	24.26M	19.74M	22.24M	28.68M
Operating Expenses	41.44M	34.36M	28.04M	29.19M	36.54M
Other Operating Expenses	—	88.01K	58.24K	321.53K	467.77K
Interest Expense	-11.21M	-11.91M	-10.80M	-6.87M	-5.65M
Other Non Operating Income (Expenses)	0.54M	0.29M	0.30M	-0.03M	0.03M
Asset Writedown	-0.05M	-0.73M	—	-0.00M	—
D&A For EBITDA	9.15M	6.98M	5.27M	4.19M	4.85M
Profitability & Returns
Gross Profit	30.49M	44.38M	40.86M	42.73M	46.94M
Gross Margin	+19.0%	+24.8%	+24.2%	+25.8%	+33.0%
EBIT	-10.95M	10.01M	12.82M	13.54M	10.40M
EBIT Margin	-6.8%	+5.6%	+7.6%	+8.2%	+7.3%
EBITDA	-1.80M	17.00M	18.10M	17.73M	15.25M
EBITDA Margin	-1.1%	+9.5%	+10.7%	+10.7%	+10.7%
EBT Excluding Unusual Items	-21.26M	-1.39M	2.66M	7.14M	5.49M
Pretax Income	-21.31M	-2.12M	3.53M	7.14M	5.49M
Operating Income	-10.95M	10.01M	12.82M	13.54M	10.40M
Operating Margin	-6.8%	+5.6%	+7.6%	+8.2%	+7.3%
Profit Margin	-10.1%	+0.4%	+3.0%	+4.2%	+3.7%
Net Income	-16.24M	0.70M	5.03M	7.01M	5.30M
Net Income to Common	-16.24M	0.70M	5.03M	7.01M	5.30M
Net Income Growth	—	-86.0%	-28.3%	+32.3%	+33.6%
Earnings From Continuing Ops.	-21.31M	-2.16M	3.51M	7.01M	5.30M
Minority Interest in Earnings	5.06M	2.86M	1.52M	—	—
Income Tax Expense	—	35.21K	23.30K	128.61K	187.11K
Effective Tax Rate	—	—	+0.7%	+1.8%	+3.4%
Per Share & Capital
EPS (Basic)	-0.09	0.00	0.03	0.04	0.03
EPS (Diluted)	-0.09	0.00	0.03	0.04	0.03
EPS Growth	—	-86.0%	-28.3%	+32.3%	+33.6%
Dividend Per Share	—	—	0.02	0.02	0.01
Shares Change (YoY)	-0	—	—	—	—
Shares Outstanding (Basic)	179.39M	180.00M	180.00M	180.00M	180.00M
Shares Outstanding (Diluted)	179.39M	180.00M	180.00M	180.00M	180.00M
Dividend Growth	—	—	—	+33.6%	—
Free Cash Flow	22.88M	0.85M	28.02M	37.03M	2.57M
Free Cash Flow Margin	+14.3%	+0.5%	+16.6%	+22.4%	+1.8%
Free Cash Flow Per Share	0.13	0.01	0.16	0.21	0.01
Payout Ratio	—	+427.0%	+59.8%	+31.9%	+42.4%