INOVEST (B.S.C)

Inovest BSC

INOVESTStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD KWD

Annual (USD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	1.68M	-1.39M	-0.22M	-3.06M	3.01M
Free Cash Flow	0.22M	-1.46M	-0.30M	-5.36M	2.72M
Capital Expenditures	-1.46M	-0.07M	-0.08M	-2.31M	-0.28M
Investing & Financing
Investing Cash Flow	2.37M	0.42M	7.25M	-6.12M	-2.25M
Financing Cash Flow	—	-3.57M	-4.06M	-2.18M	0.32M
Dividends Paid	—	-3.57M	—	-0.33M	—
Operating Activities
Operating Cash Flow	1.68M	-1.39M	-0.22M	-3.06M	3.01M
Net Income	-18.63M	-8.52M	4.63M	0.92M	0.75M
Change in Accounts Receivable	3.58M	9.68M	-4.93M	0.10M	3.09M
Change in Other Net Operating Assets	-2.20M	-4.15M	3.60M	-4.08M	2.51M
Change in Working Capital	1.38M	5.52M	-1.33M	-3.98M	5.60M
Other Operating Activities	14.14M	-0.06M	-1.44M	-0.89M	-4.19M
Provision & Write-off of Bad Debts	1.56M	0.30M	0.81M	-0.31M	-0.43M
Depreciation & Amortization	0.58M	0.89M	0.80M	0.77M	1.03M
Cash Interest Paid	—	—	145.00K	—	—
Loss (Gain) on Equity Investments	3.05M	0.37M	-0.62M	1.02M	0.22M
Investing Activities
Investing Cash Flow	2.37M	0.42M	7.25M	-6.12M	-2.25M
Capital Expenditures	-1.46M	-0.07M	-0.08M	-2.31M	-0.28M
Investment in Securities	0.71M	-0.65M	8.86M	-1.87M	0.73M
Sale (Purchase) of Real Estate	1.22M	1.14M	-1.54M	-1.94M	-2.70M
Sale of Property, Plant & Equipment	1.91M	—	—	—	—
Loss (Gain) From Sale of Assets	-388.00K	109.00K	130.00K	-579.00K	—
Loss (Gain) on Sale of Investments	—	—	-3.20M	—	0.02M
Financing Activities
Financing Cash Flow	—	-3.57M	-4.06M	-2.18M	0.32M
Common Dividends Paid	—	-3.57M	—	-0.33M	—
Long-Term Debt Issued	—	—	—	—	318.00K
Long-Term Debt Repaid	—	—	-3.91M	-1.85M	—
Net Debt Issued (Repaid)	—	—	-3.91M	-1.85M	0.32M
Other Financing Activities	—	—	-145.00K	—	—
Free Cash Flow & Returns
Free Cash Flow	0.22M	-1.46M	-0.30M	-5.36M	2.72M
Free Cash Flow Growth	—	—	—	—	-44.7%
Free Cash Flow Margin	+6.8%	—	-2.5%	-61.8%	+48.9%
Free Cash Flow Per Share	0.00	-0.01	-0.00	-0.02	0.01
Levered Free Cash Flow	-6.03M	-0.08M	3.53M	-2.77M	-2.79M
Unlevered Free Cash Flow	-6.03M	-0.08M	3.62M	-2.56M	-2.57M
Operating Cash Flow Growth	—	—	—	—	-40.0%
Net Cash Flow	4.05M	-4.54M	2.97M	-11.35M	1.07M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD KWD

Annual (USD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	1.68M	-1.39M	-0.22M	-3.06M	3.01M
Free Cash Flow	0.22M	-1.46M	-0.30M	-5.36M	2.72M
Capital Expenditures	-1.46M	-0.07M	-0.08M	-2.31M	-0.28M
Investing & Financing
Investing Cash Flow	2.37M	0.42M	7.25M	-6.12M	-2.25M
Financing Cash Flow	—	-3.57M	-4.06M	-2.18M	0.32M
Dividends Paid	—	-3.57M	—	-0.33M	—
Operating Activities
Operating Cash Flow	1.68M	-1.39M	-0.22M	-3.06M	3.01M
Net Income	-18.63M	-8.52M	4.63M	0.92M	0.75M
Change in Accounts Receivable	3.58M	9.68M	-4.93M	0.10M	3.09M
Change in Other Net Operating Assets	-2.20M	-4.15M	3.60M	-4.08M	2.51M
Change in Working Capital	1.38M	5.52M	-1.33M	-3.98M	5.60M
Other Operating Activities	14.14M	-0.06M	-1.44M	-0.89M	-4.19M
Provision & Write-off of Bad Debts	1.56M	0.30M	0.81M	-0.31M	-0.43M
Depreciation & Amortization	0.58M	0.89M	0.80M	0.77M	1.03M
Cash Interest Paid	—	—	145.00K	—	—
Loss (Gain) on Equity Investments	3.05M	0.37M	-0.62M	1.02M	0.22M
Investing Activities
Investing Cash Flow	2.37M	0.42M	7.25M	-6.12M	-2.25M
Capital Expenditures	-1.46M	-0.07M	-0.08M	-2.31M	-0.28M
Investment in Securities	0.71M	-0.65M	8.86M	-1.87M	0.73M
Sale (Purchase) of Real Estate	1.22M	1.14M	-1.54M	-1.94M	-2.70M
Sale of Property, Plant & Equipment	1.91M	—	—	—	—
Loss (Gain) From Sale of Assets	-388.00K	109.00K	130.00K	-579.00K	—
Loss (Gain) on Sale of Investments	—	—	-3.20M	—	0.02M
Financing Activities
Financing Cash Flow	—	-3.57M	-4.06M	-2.18M	0.32M
Common Dividends Paid	—	-3.57M	—	-0.33M	—
Long-Term Debt Issued	—	—	—	—	318.00K
Long-Term Debt Repaid	—	—	-3.91M	-1.85M	—
Net Debt Issued (Repaid)	—	—	-3.91M	-1.85M	0.32M
Other Financing Activities	—	—	-145.00K	—	—
Free Cash Flow & Returns
Free Cash Flow	0.22M	-1.46M	-0.30M	-5.36M	2.72M
Free Cash Flow Growth	—	—	—	—	-44.7%
Free Cash Flow Margin	+6.8%	—	-2.5%	-61.8%	+48.9%
Free Cash Flow Per Share	0.00	-0.01	-0.00	-0.02	0.01
Levered Free Cash Flow	-6.03M	-0.08M	3.53M	-2.77M	-2.79M
Unlevered Free Cash Flow	-6.03M	-0.08M	3.62M	-2.56M	-2.57M
Operating Cash Flow Growth	—	—	—	—	-40.0%
Net Cash Flow	4.05M	-4.54M	2.97M	-11.35M	1.07M