GULF FRANCHISING HOLDING CO.

Gulf Franchising Holding Co. Kscc

GFCStocksBoursa KuwaitConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	3.84M	2.75M	2.74M	3.09M	3.24M
Cost of Revenue	1.21M	0.96M	1.00M	1.16M	1.21M
Gross Profit	2.64M	1.79M	1.75M	1.93M	2.03M
SG&A	1.26M	0.87M	0.98M	1.14M	1.29M
Operating Expenses	1.40M	1.85M	2.09M	2.90M	2.22M
Operating Income	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
Interest Expense	-339.54K	-315.17K	-301.66K	-241.50K	-213.09K
Other Income/Expense	17.79K	72.76K	12.58K	33.53K	56.62K
Pretax Income	2.85M	-0.25M	-0.70M	0.12M	-0.29M
Income Tax	17.54K	—	—	—	—
Net Income	2.84M	-0.25M	-0.70M	0.12M	-0.29M
EBITDA	1.54M	0.49M	0.28M	-0.30M	0.54M
EBIT	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
EPS (Basic)	0.07	-0.01	-0.02	0.00	-0.01
EPS (Diluted)	0.07	-0.01	-0.02	0.00	-0.01
Margins & Efficiency
Gross Margin %	+68.6%	+65.1%	+63.7%	+62.3%	+62.6%
EBITDA Margin %	+40.0%	+17.8%	+10.1%	-9.6%	+16.5%
Net Margin %	+73.8%	-9.1%	-25.6%	+4.0%	-9.0%
Revenue & Income
Revenue	3.84M	2.75M	2.74M	3.09M	3.24M
Revenue Growth (YoY)	+39.6%	+0.3%	-11.2%	-4.8%	+23.7%
Expenses & Provisions
Cost of Revenue	1.21M	0.96M	1.00M	1.16M	1.21M
Selling, General & Admin	1.26M	0.87M	0.98M	1.14M	1.29M
Operating Expenses	1.40M	1.85M	2.09M	2.90M	2.22M
Other Operating Expenses	569.43K	306.46K	259.72K	235.58K	203.92K
Interest Expense	-339.54K	-315.17K	-301.66K	-241.50K	-213.09K
Other Non Operating Income (Expenses)	17.79K	72.76K	12.58K	33.53K	56.62K
Asset Writedown	-0.22M	0.10M	0.09M	1.40M	0.05M
Impairment of Goodwill	-415.73K	-46.18K	-148.80K	-91.52K	—
Amortization of Goodwill & Intangibles	158.60K	130.50K	130.50K	130.50K	144.77K
D&A For EBITDA	306.96K	548.33K	623.93K	674.89K	722.19K
Profitability & Returns
Gross Profit	2.64M	1.79M	1.75M	1.93M	2.03M
Gross Margin	+68.6%	+65.1%	+63.7%	+62.3%	+62.6%
EBIT	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
EBIT Margin	+32.0%	-2.1%	-12.7%	-31.5%	-5.7%
EBITDA	1.54M	0.49M	0.28M	-0.30M	0.54M
EBITDA Margin	+40.0%	+17.8%	+10.1%	-9.6%	+16.5%
EBT Excluding Unusual Items	0.91M	-0.30M	-0.64M	-1.18M	-0.34M
Pretax Income	2.85M	-0.25M	-0.70M	0.12M	-0.29M
Operating Income	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
Operating Margin	+32.0%	-2.1%	-12.7%	-31.5%	-5.7%
Profit Margin	+73.8%	-9.1%	-25.6%	+4.0%	-9.0%
Net Income	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Net Income to Common	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Earnings From Continuing Ops.	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Income Tax Expense	17.54K	—	—	—	—
Effective Tax Rate	+0.6%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.07	-0.01	-0.02	0.00	-0.01
EPS (Diluted)	0.07	-0.01	-0.02	0.00	-0.01
Shares Outstanding (Basic)	39.98M	39.98M	39.98M	39.98M	39.98M
Shares Outstanding (Diluted)	39.98M	39.98M	39.98M	39.98M	39.98M
Free Cash Flow	2.02M	0.70M	0.72M	0.53M	0.40M
Free Cash Flow Margin	+52.6%	+25.6%	+26.1%	+17.1%	+12.3%
Free Cash Flow Per Share	0.05	0.02	0.02	0.01	0.01
Supplemental
Other Unusual Items	2.58M	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	3.84M	2.75M	2.74M	3.09M	3.24M
Cost of Revenue	1.21M	0.96M	1.00M	1.16M	1.21M
Gross Profit	2.64M	1.79M	1.75M	1.93M	2.03M
SG&A	1.26M	0.87M	0.98M	1.14M	1.29M
Operating Expenses	1.40M	1.85M	2.09M	2.90M	2.22M
Operating Income	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
Interest Expense	-339.54K	-315.17K	-301.66K	-241.50K	-213.09K
Other Income/Expense	17.79K	72.76K	12.58K	33.53K	56.62K
Pretax Income	2.85M	-0.25M	-0.70M	0.12M	-0.29M
Income Tax	17.54K	—	—	—	—
Net Income	2.84M	-0.25M	-0.70M	0.12M	-0.29M
EBITDA	1.54M	0.49M	0.28M	-0.30M	0.54M
EBIT	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
EPS (Basic)	0.07	-0.01	-0.02	0.00	-0.01
EPS (Diluted)	0.07	-0.01	-0.02	0.00	-0.01
Margins & Efficiency
Gross Margin %	+68.6%	+65.1%	+63.7%	+62.3%	+62.6%
EBITDA Margin %	+40.0%	+17.8%	+10.1%	-9.6%	+16.5%
Net Margin %	+73.8%	-9.1%	-25.6%	+4.0%	-9.0%
Revenue & Income
Revenue	3.84M	2.75M	2.74M	3.09M	3.24M
Revenue Growth (YoY)	+39.6%	+0.3%	-11.2%	-4.8%	+23.7%
Expenses & Provisions
Cost of Revenue	1.21M	0.96M	1.00M	1.16M	1.21M
Selling, General & Admin	1.26M	0.87M	0.98M	1.14M	1.29M
Operating Expenses	1.40M	1.85M	2.09M	2.90M	2.22M
Other Operating Expenses	569.43K	306.46K	259.72K	235.58K	203.92K
Interest Expense	-339.54K	-315.17K	-301.66K	-241.50K	-213.09K
Other Non Operating Income (Expenses)	17.79K	72.76K	12.58K	33.53K	56.62K
Asset Writedown	-0.22M	0.10M	0.09M	1.40M	0.05M
Impairment of Goodwill	-415.73K	-46.18K	-148.80K	-91.52K	—
Amortization of Goodwill & Intangibles	158.60K	130.50K	130.50K	130.50K	144.77K
D&A For EBITDA	306.96K	548.33K	623.93K	674.89K	722.19K
Profitability & Returns
Gross Profit	2.64M	1.79M	1.75M	1.93M	2.03M
Gross Margin	+68.6%	+65.1%	+63.7%	+62.3%	+62.6%
EBIT	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
EBIT Margin	+32.0%	-2.1%	-12.7%	-31.5%	-5.7%
EBITDA	1.54M	0.49M	0.28M	-0.30M	0.54M
EBITDA Margin	+40.0%	+17.8%	+10.1%	-9.6%	+16.5%
EBT Excluding Unusual Items	0.91M	-0.30M	-0.64M	-1.18M	-0.34M
Pretax Income	2.85M	-0.25M	-0.70M	0.12M	-0.29M
Operating Income	1.23M	-0.06M	-0.35M	-0.97M	-0.19M
Operating Margin	+32.0%	-2.1%	-12.7%	-31.5%	-5.7%
Profit Margin	+73.8%	-9.1%	-25.6%	+4.0%	-9.0%
Net Income	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Net Income to Common	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Earnings From Continuing Ops.	2.84M	-0.25M	-0.70M	0.12M	-0.29M
Income Tax Expense	17.54K	—	—	—	—
Effective Tax Rate	+0.6%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.07	-0.01	-0.02	0.00	-0.01
EPS (Diluted)	0.07	-0.01	-0.02	0.00	-0.01
Shares Outstanding (Basic)	39.98M	39.98M	39.98M	39.98M	39.98M
Shares Outstanding (Diluted)	39.98M	39.98M	39.98M	39.98M	39.98M
Free Cash Flow	2.02M	0.70M	0.72M	0.53M	0.40M
Free Cash Flow Margin	+52.6%	+25.6%	+26.1%	+17.1%	+12.3%
Free Cash Flow Per Share	0.05	0.02	0.02	0.01	0.01
Supplemental
Other Unusual Items	2.58M	—	—	—	—