INOVEST (B.S.C)

Inovest BSC

INOVESTStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD KWD

Quarterly (USD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	0.67M	1.93M	1.50M	-0.40M	1.07M
Cost of Revenue	588.00K	517.00K	513.00K	527.00K	526.00K
Gross Profit	0.08M	1.41M	0.99M	-0.92M	0.54M
SG&A	2.17M	0.96M	0.80M	1.48M	1.49M
Operating Expenses	4.28M	1.06M	0.79M	1.38M	1.39M
Operating Income	-4.21M	0.35M	0.20M	-2.30M	-0.85M
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Other Income/Expense	-0.03M	—	—	—	—
Pretax Income	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Net Income	-17.91M	0.34M	0.20M	-1.26M	-0.83M
EBITDA	-4.10M	0.47M	0.32M	-2.16M	-0.67M
EBIT	-4.21M	0.35M	0.20M	-2.30M	-0.85M
EPS (Basic)	-0.06	0.00	0.00	-0.00	-0.00
EPS (Diluted)	-0.06	0.00	0.00	-0.00	-0.00
Margins & Efficiency
Gross Margin %	+11.6%	+73.2%	+65.9%	+233.1%	+50.7%
EBITDA Margin %	-616.7%	+24.2%	+21.1%	+544.7%	-62.6%
Net Margin %	-2,693.2%	+17.7%	+13.3%	+319.2%	-77.6%
Revenue & Income
Revenue	0.67M	1.93M	1.50M	-0.40M	1.07M
Revenue as Reported	0.22M	1.93M	1.50M	0.65M	1.29M
Revenue Growth (YoY)	-37.7%	—	—	—	-77.9%
Operating Revenue	0.40M	0.42M	0.44M	0.43M	0.40M
Interest & Investment Income	—	—	—	—	—
Other Revenue	0.26M	1.51M	1.06M	-0.82M	0.67M
Gain (Loss) on Sale of Assets	-0.49M	—	—	1.05M	—
Expenses & Provisions
Cost of Revenue	588.00K	517.00K	513.00K	527.00K	526.00K
Selling, General & Admin	2.17M	0.96M	0.80M	1.48M	1.49M
Operating Expenses	4.28M	1.06M	0.79M	1.38M	1.39M
Other Operating Expenses	-0.02M	0.03M	0.03M	0.03M	-0.19M
Interest Expense	—	—	—	—	—
Other Non Operating Income (Expenses)	-0.03M	—	—	—	—
Legal Settlements	-13.18M	—	—	—	—
D&A For EBITDA	106.00K	113.00K	114.00K	141.00K	184.00K
Profitability & Returns
Gross Profit	0.08M	1.41M	0.99M	-0.92M	0.54M
Gross Margin	+11.6%	+73.2%	+65.9%	—	+50.7%
EBIT	-4.21M	0.35M	0.20M	-2.30M	-0.85M
EBIT Margin	—	+18.3%	+13.5%	—	-79.9%
EBITDA	-4.10M	0.47M	0.32M	-2.16M	-0.67M
EBITDA Margin	—	+24.2%	+21.1%	—	-62.6%
EBT Excluding Unusual Items	-4.23M	0.35M	0.20M	-2.30M	-0.85M
Pretax Income	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Operating Income	-4.21M	0.35M	0.20M	-2.30M	-0.85M
Operating Margin	-632.6%	+18.3%	+13.5%	—	-79.9%
Profit Margin	-2,693.2%	+17.7%	+13.3%	—	-77.6%
Net Income	-17.91M	0.34M	0.20M	-1.26M	-0.83M
Net Income to Common	-17.91M	0.34M	0.20M	-1.26M	-0.83M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Minority Interest in Earnings	-6.00K	-13.00K	-3.00K	-14.00K	24.00K
Per Share & Capital
EPS (Basic)	-0.06	0.00	0.00	-0.00	-0.00
EPS (Diluted)	-0.06	0.00	0.00	-0.00	-0.00
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	0.02	-0.06	0.06	—
Shares Outstanding (Basic)	303.11M	309.09M	285.71M	320.50M	303.11M
Shares Outstanding (Diluted)	303.11M	309.09M	285.71M	320.50M	303.11M
Free Cash Flow	0.64M	-0.71M	2.40M	-2.12M	0.47M
Free Cash Flow Margin	+96.4%	-36.8%	+159.7%	—	+44.1%
Free Cash Flow Per Share	0.00	-0.00	0.01	-0.01	0.00
Payout Ratio	—	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD KWD

Quarterly (USD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	0.67M	1.93M	1.50M	-0.40M	1.07M
Cost of Revenue	588.00K	517.00K	513.00K	527.00K	526.00K
Gross Profit	0.08M	1.41M	0.99M	-0.92M	0.54M
SG&A	2.17M	0.96M	0.80M	1.48M	1.49M
Operating Expenses	4.28M	1.06M	0.79M	1.38M	1.39M
Operating Income	-4.21M	0.35M	0.20M	-2.30M	-0.85M
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Other Income/Expense	-0.03M	—	—	—	—
Pretax Income	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Net Income	-17.91M	0.34M	0.20M	-1.26M	-0.83M
EBITDA	-4.10M	0.47M	0.32M	-2.16M	-0.67M
EBIT	-4.21M	0.35M	0.20M	-2.30M	-0.85M
EPS (Basic)	-0.06	0.00	0.00	-0.00	-0.00
EPS (Diluted)	-0.06	0.00	0.00	-0.00	-0.00
Margins & Efficiency
Gross Margin %	+11.6%	+73.2%	+65.9%	+233.1%	+50.7%
EBITDA Margin %	-616.7%	+24.2%	+21.1%	+544.7%	-62.6%
Net Margin %	-2,693.2%	+17.7%	+13.3%	+319.2%	-77.6%
Revenue & Income
Revenue	0.67M	1.93M	1.50M	-0.40M	1.07M
Revenue as Reported	0.22M	1.93M	1.50M	0.65M	1.29M
Revenue Growth (YoY)	-37.7%	—	—	—	-77.9%
Operating Revenue	0.40M	0.42M	0.44M	0.43M	0.40M
Interest & Investment Income	—	—	—	—	—
Other Revenue	0.26M	1.51M	1.06M	-0.82M	0.67M
Gain (Loss) on Sale of Assets	-0.49M	—	—	1.05M	—
Expenses & Provisions
Cost of Revenue	588.00K	517.00K	513.00K	527.00K	526.00K
Selling, General & Admin	2.17M	0.96M	0.80M	1.48M	1.49M
Operating Expenses	4.28M	1.06M	0.79M	1.38M	1.39M
Other Operating Expenses	-0.02M	0.03M	0.03M	0.03M	-0.19M
Interest Expense	—	—	—	—	—
Other Non Operating Income (Expenses)	-0.03M	—	—	—	—
Legal Settlements	-13.18M	—	—	—	—
D&A For EBITDA	106.00K	113.00K	114.00K	141.00K	184.00K
Profitability & Returns
Gross Profit	0.08M	1.41M	0.99M	-0.92M	0.54M
Gross Margin	+11.6%	+73.2%	+65.9%	—	+50.7%
EBIT	-4.21M	0.35M	0.20M	-2.30M	-0.85M
EBIT Margin	—	+18.3%	+13.5%	—	-79.9%
EBITDA	-4.10M	0.47M	0.32M	-2.16M	-0.67M
EBITDA Margin	—	+24.2%	+21.1%	—	-62.6%
EBT Excluding Unusual Items	-4.23M	0.35M	0.20M	-2.30M	-0.85M
Pretax Income	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Operating Income	-4.21M	0.35M	0.20M	-2.30M	-0.85M
Operating Margin	-632.6%	+18.3%	+13.5%	—	-79.9%
Profit Margin	-2,693.2%	+17.7%	+13.3%	—	-77.6%
Net Income	-17.91M	0.34M	0.20M	-1.26M	-0.83M
Net Income to Common	-17.91M	0.34M	0.20M	-1.26M	-0.83M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	-17.90M	0.35M	0.20M	-1.25M	-0.85M
Minority Interest in Earnings	-6.00K	-13.00K	-3.00K	-14.00K	24.00K
Per Share & Capital
EPS (Basic)	-0.06	0.00	0.00	-0.00	-0.00
EPS (Diluted)	-0.06	0.00	0.00	-0.00	-0.00
EPS Growth	—	—	—	—	—
Dividend Per Share	—	—	—	—	—
Shares Change (YoY)	—	0.02	-0.06	0.06	—
Shares Outstanding (Basic)	303.11M	309.09M	285.71M	320.50M	303.11M
Shares Outstanding (Diluted)	303.11M	309.09M	285.71M	320.50M	303.11M
Free Cash Flow	0.64M	-0.71M	2.40M	-2.12M	0.47M
Free Cash Flow Margin	+96.4%	-36.8%	+159.7%	—	+44.1%
Free Cash Flow Per Share	0.00	-0.00	0.01	-0.01	0.00
Payout Ratio	—	—	—	—	—