BAYAN INVESTMENT HOLDING CO.

Bayan Investment Holding Company

BAYANINVStocksBoursa KuwaitDiversified Financials

Financials

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	2.74M	0.70M	0.71M	0.78M	0.94M
Cost of Revenue	—	33.64K	—	—	—
Gross Profit	2.74M	0.66M	0.71M	0.78M	0.94M
SG&A	0.64M	0.70M	0.84M	0.75M	1.01M
Operating Expenses	0.71M	0.70M	1.00M	0.77M	1.02M
Operating Income	2.02M	-0.04M	-0.29M	0.01M	-0.08M
Interest Expense	-79.88K	-101.98K	-104.87K	-119.46K	-167.94K
Other Income/Expense	—	—	-4.24M	—	—
Pretax Income	1.96M	-0.14M	-4.93M	-0.34M	-0.66M
Income Tax	74.10K	—	62.68K	3.75K	2.74K
Net Income	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
EBITDA	2.04M	0.04M	-0.17M	0.10M	0.06M
EBIT	2.02M	-0.04M	-0.29M	0.01M	-0.08M
EPS (Basic)	0.01	-0.00	-0.03	-0.00	-0.00
EPS (Diluted)	0.01	-0.00	-0.03	-0.00	-0.00
Margins & Efficiency
Gross Margin %	+100.0%	+95.2%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	+74.7%	+5.1%	-23.6%	+12.7%	+6.5%
Net Margin %	+68.9%	-20.4%	-886.2%	-53.1%	-45.7%
Revenue & Income
Revenue	2.74M	0.70M	0.71M	0.78M	0.94M
Revenue as Reported	—	—	707.40K	778.64K	955.51K
Revenue Growth (YoY)	+292.8%	-1.6%	-9.2%	-16.9%	+31.1%
Operating Revenue	282.11K	241.19K	322.50K	548.54K	836.23K
Other Revenue	2.45M	0.46M	0.38M	0.23M	0.10M
Gain (Loss) on Sale of Investments	—	—	-139.50K	—	—
Currency Exchange Gain (Loss)	15.69K	0.66K	-150.37K	-11.40K	-8.78K
Expenses & Provisions
Cost of Revenue	—	33.64K	—	—	—
Selling, General & Admin	0.64M	0.70M	0.84M	0.75M	1.01M
Operating Expenses	0.71M	0.70M	1.00M	0.77M	1.02M
Other Operating Expenses	—	—	156.71K	13.90K	12.95K
Interest Expense	-79.88K	-101.98K	-104.87K	-119.46K	-167.94K
Other Non Operating Income (Expenses)	—	—	-4.24M	—	—
Legal Settlements	—	—	—	—	-417.07K
D&A For EBITDA	20.19K	76.52K	122.69K	86.23K	142.70K
Profitability & Returns
Gross Profit	2.74M	0.66M	0.71M	0.78M	0.94M
Gross Margin	+100.0%	+95.2%	+100.0%	+100.0%	+100.0%
EBIT	2.02M	-0.04M	-0.29M	0.01M	-0.08M
EBIT Margin	+73.9%	-5.9%	-41.0%	+1.6%	-8.8%
EBITDA	2.04M	0.04M	-0.17M	0.10M	0.06M
EBITDA Margin	+74.7%	+5.1%	-23.6%	+12.7%	+6.5%
EBT Excluding Unusual Items	1.96M	-0.14M	-4.79M	-0.12M	-0.26M
Pretax Income	1.96M	-0.14M	-4.93M	-0.34M	-0.66M
Operating Income	2.02M	-0.04M	-0.29M	0.01M	-0.08M
Operating Margin	+73.9%	-5.9%	-41.0%	+1.6%	-8.8%
Profit Margin	+68.9%	-20.4%	-886.2%	-53.1%	-45.7%
Net Income	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
Net Income to Common	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
Net Income to Company	1.88M	-0.14M	-6.63M	-0.56M	-0.66M
Earnings From Continuing Ops.	1.88M	-0.14M	-4.99M	-0.35M	-0.66M
Earnings From Discontinued Ops.	—	—	-1.64M	-0.21M	—
Minority Interest in Earnings	-0.14K	0.29K	357.50K	145.03K	232.16K
Income Tax Expense	74.10K	—	62.68K	3.75K	2.74K
Effective Tax Rate	+3.8%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.01	-0.00	-0.03	-0.00	-0.00
EPS (Diluted)	0.01	-0.00	-0.03	-0.00	-0.00
Shares Change (YoY)	0.01	-0	-0.16	0.18	—
Shares Outstanding (Basic)	217.68M	214.65M	215.29M	256.20M	217.68M
Shares Outstanding (Diluted)	217.68M	214.65M	215.29M	256.20M	217.68M
Free Cash Flow	-685.18K	-568.22K	-685.90K	-154.73K	-343.10K
Free Cash Flow Margin	-25.1%	-81.6%	-97.0%	-19.9%	-36.6%
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Payout Ratio	+0.1%	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	-225.74K	18.27K

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	2.74M	0.70M	0.71M	0.78M	0.94M
Cost of Revenue	—	33.64K	—	—	—
Gross Profit	2.74M	0.66M	0.71M	0.78M	0.94M
SG&A	0.64M	0.70M	0.84M	0.75M	1.01M
Operating Expenses	0.71M	0.70M	1.00M	0.77M	1.02M
Operating Income	2.02M	-0.04M	-0.29M	0.01M	-0.08M
Interest Expense	-79.88K	-101.98K	-104.87K	-119.46K	-167.94K
Other Income/Expense	—	—	-4.24M	—	—
Pretax Income	1.96M	-0.14M	-4.93M	-0.34M	-0.66M
Income Tax	74.10K	—	62.68K	3.75K	2.74K
Net Income	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
EBITDA	2.04M	0.04M	-0.17M	0.10M	0.06M
EBIT	2.02M	-0.04M	-0.29M	0.01M	-0.08M
EPS (Basic)	0.01	-0.00	-0.03	-0.00	-0.00
EPS (Diluted)	0.01	-0.00	-0.03	-0.00	-0.00
Margins & Efficiency
Gross Margin %	+100.0%	+95.2%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	+74.7%	+5.1%	-23.6%	+12.7%	+6.5%
Net Margin %	+68.9%	-20.4%	-886.2%	-53.1%	-45.7%
Revenue & Income
Revenue	2.74M	0.70M	0.71M	0.78M	0.94M
Revenue as Reported	—	—	707.40K	778.64K	955.51K
Revenue Growth (YoY)	+292.8%	-1.6%	-9.2%	-16.9%	+31.1%
Operating Revenue	282.11K	241.19K	322.50K	548.54K	836.23K
Other Revenue	2.45M	0.46M	0.38M	0.23M	0.10M
Gain (Loss) on Sale of Investments	—	—	-139.50K	—	—
Currency Exchange Gain (Loss)	15.69K	0.66K	-150.37K	-11.40K	-8.78K
Expenses & Provisions
Cost of Revenue	—	33.64K	—	—	—
Selling, General & Admin	0.64M	0.70M	0.84M	0.75M	1.01M
Operating Expenses	0.71M	0.70M	1.00M	0.77M	1.02M
Other Operating Expenses	—	—	156.71K	13.90K	12.95K
Interest Expense	-79.88K	-101.98K	-104.87K	-119.46K	-167.94K
Other Non Operating Income (Expenses)	—	—	-4.24M	—	—
Legal Settlements	—	—	—	—	-417.07K
D&A For EBITDA	20.19K	76.52K	122.69K	86.23K	142.70K
Profitability & Returns
Gross Profit	2.74M	0.66M	0.71M	0.78M	0.94M
Gross Margin	+100.0%	+95.2%	+100.0%	+100.0%	+100.0%
EBIT	2.02M	-0.04M	-0.29M	0.01M	-0.08M
EBIT Margin	+73.9%	-5.9%	-41.0%	+1.6%	-8.8%
EBITDA	2.04M	0.04M	-0.17M	0.10M	0.06M
EBITDA Margin	+74.7%	+5.1%	-23.6%	+12.7%	+6.5%
EBT Excluding Unusual Items	1.96M	-0.14M	-4.79M	-0.12M	-0.26M
Pretax Income	1.96M	-0.14M	-4.93M	-0.34M	-0.66M
Operating Income	2.02M	-0.04M	-0.29M	0.01M	-0.08M
Operating Margin	+73.9%	-5.9%	-41.0%	+1.6%	-8.8%
Profit Margin	+68.9%	-20.4%	-886.2%	-53.1%	-45.7%
Net Income	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
Net Income to Common	1.88M	-0.14M	-6.27M	-0.41M	-0.43M
Net Income to Company	1.88M	-0.14M	-6.63M	-0.56M	-0.66M
Earnings From Continuing Ops.	1.88M	-0.14M	-4.99M	-0.35M	-0.66M
Earnings From Discontinued Ops.	—	—	-1.64M	-0.21M	—
Minority Interest in Earnings	-0.14K	0.29K	357.50K	145.03K	232.16K
Income Tax Expense	74.10K	—	62.68K	3.75K	2.74K
Effective Tax Rate	+3.8%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.01	-0.00	-0.03	-0.00	-0.00
EPS (Diluted)	0.01	-0.00	-0.03	-0.00	-0.00
Shares Change (YoY)	0.01	-0	-0.16	0.18	—
Shares Outstanding (Basic)	217.68M	214.65M	215.29M	256.20M	217.68M
Shares Outstanding (Diluted)	217.68M	214.65M	215.29M	256.20M	217.68M
Free Cash Flow	-685.18K	-568.22K	-685.90K	-154.73K	-343.10K
Free Cash Flow Margin	-25.1%	-81.6%	-97.0%	-19.9%	-36.6%
Free Cash Flow Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Payout Ratio	+0.1%	—	—	—	—
Supplemental
Other Unusual Items	—	—	—	-225.74K	18.27K