JAZEERA AIRWAYS CO.

Jazeera Airways Co. (KSC)

JAZEERAStocksBoursa KuwaitTransportation

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	48.83M	53.23M	54.47M	55.36M	48.41M
Cash & Short-Term Investments	48.83M	53.23M	54.47M	55.36M	48.41M
Receivables	11.74M	17.47M	15.43M	22.38M	13.64M
Inventory	4.59M	11.03M	9.95M	8.53M	7.98M
Current Assets	68.37M	81.72M	80.11M	86.27M	72.87M
PP&E	259.74M	247.91M	248.05M	255.62M	261.07M
Total Assets	332.78M	332.40M	331.53M	344.83M	336.49M
Liabilities
Accounts Payable	8.24M	41.30M	35.96M	46.49M	6.21M
Current Liabilities	108.62M	104.69M	92.35M	103.12M	91.79M
Long-Term Debt	36.89M	38.17M	59.00M	64.00M	61.50M
Short-Term Debt	—	—	—	—	—
Total Debt	172.43M	175.75M	189.15M	203.06M	204.99M
Total Liabilities	285.32M	283.59M	295.63M	313.48M	301.05M
Equity & Ownership
Retained Earnings	26.12M	27.66M	14.19M	9.35M	13.44M
Total Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Net Debt	123.60M	122.52M	134.69M	147.69M	156.57M
Shares Outstanding	219,289,110	219,400,000	219,800,000	220,000,000	220,000,000
Cash & Assets
Total Assets	332.78M	332.40M	331.53M	344.83M	336.49M
Total Current Assets	68.37M	81.72M	80.11M	86.27M	72.87M
Cash & Equivalents	48.83M	53.23M	54.47M	55.36M	48.41M
Cash & Short-Term Investments	48.83M	53.23M	54.47M	55.36M	48.41M
Net Cash (Debt)	-123.60M	-122.52M	-134.69M	-147.69M	-156.57M
Net Cash Per Share	-0.56	-0.56	-0.61	-0.67	-0.71
Cash Growth	+0.9%	-16.8%	+23.9%	+42.7%	+47.1%
Accounts Receivable	6.17M	17.47M	15.43M	22.38M	5.77M
Other Receivables	5.56M	—	—	—	7.87M
Receivables	11.74M	17.47M	15.43M	22.38M	13.64M
Inventory	4.59M	11.03M	9.95M	8.53M	7.98M
Prepaid Expenses	3.17M	—	—	—	2.74M
Construction In Progress	67.57M	57.06M	53.14M	52.40M	51.74M
Machinery	93.92M	87.25M	87.14M	89.89M	89.88M
Leasehold Improvements	18.56M	18.50M	18.03M	18.03M	18.03M
Property, Plant & Equipment	259.74M	247.91M	248.05M	255.62M	261.07M
Other Current Assets	0.04M	—	0.26M	—	0.10M
Other Long-Term Assets	4.67M	2.77M	3.37M	2.94M	2.55M
Long-Term Leases	99.40M	101.90M	104.14M	107.50M	110.71M
Current Portion of Leases	18.03M	17.85M	18.01M	18.56M	18.78M
Liabilities & Obligations
Total Liabilities	285.32M	283.59M	295.63M	313.48M	301.05M
Total Liabilities & Equity	332.78M	332.40M	331.53M	344.83M	336.49M
Total Current Liabilities	108.62M	104.69M	92.35M	103.12M	91.79M
Accounts Payable	8.24M	41.30M	35.96M	46.49M	6.21M
Accrued Expenses	21.70M	—	—	—	18.40M
Current Income Taxes Payable	7.29M	—	—	—	7.49M
Current Unearned Revenue	16.39M	10.75M	16.69M	11.27M	12.84M
Other Current Liabilities	18.86M	16.96M	13.69M	13.81M	14.08M
Pension & Post-Retirement Benefits	5.78M	5.97M	5.59M	5.14M	4.68M
Other Long-Term Liabilities	34.63M	32.86M	34.55M	33.72M	32.37M
Debt & Funding
Long-Term Debt	36.89M	38.17M	59.00M	64.00M	61.50M
Short-Term Debt	—	—	—	—	—
Total Debt	172.43M	175.75M	189.15M	203.06M	204.99M
Current Portion of Long-Term Debt	18.11M	17.83M	8.00M	13.00M	14.00M
Equity & Book Value
Shareholders' Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Total Common Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Common Stock	22.00M	22.00M	22.00M	22.00M	22.00M
Retained Earnings	26.12M	27.66M	14.19M	9.35M	13.44M
Treasury Stock	-1.00M	-0.85M	-0.29M	—	—
Comprehensive Income & Other	352.75K	—	—	—	—
Book Value Per Share	0.22	0.22	0.16	0.14	0.16
Tangible Book Value	47.47M	48.81M	35.90M	31.35M	35.44M
Tangible Book Value Per Share	0.22	0.22	0.16	0.14	0.16
Filing Date Shares Outstanding	219.29M	219.40M	219.80M	220.00M	220.00M
Total Common Shares Outstanding	219.29M	219.40M	219.80M	220.00M	220.00M
Working Capital	-40.24M	-22.97M	-12.24M	-16.85M	-18.93M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	48.83M	53.23M	54.47M	55.36M	48.41M
Cash & Short-Term Investments	48.83M	53.23M	54.47M	55.36M	48.41M
Receivables	11.74M	17.47M	15.43M	22.38M	13.64M
Inventory	4.59M	11.03M	9.95M	8.53M	7.98M
Current Assets	68.37M	81.72M	80.11M	86.27M	72.87M
PP&E	259.74M	247.91M	248.05M	255.62M	261.07M
Total Assets	332.78M	332.40M	331.53M	344.83M	336.49M
Liabilities
Accounts Payable	8.24M	41.30M	35.96M	46.49M	6.21M
Current Liabilities	108.62M	104.69M	92.35M	103.12M	91.79M
Long-Term Debt	36.89M	38.17M	59.00M	64.00M	61.50M
Short-Term Debt	—	—	—	—	—
Total Debt	172.43M	175.75M	189.15M	203.06M	204.99M
Total Liabilities	285.32M	283.59M	295.63M	313.48M	301.05M
Equity & Ownership
Retained Earnings	26.12M	27.66M	14.19M	9.35M	13.44M
Total Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Net Debt	123.60M	122.52M	134.69M	147.69M	156.57M
Shares Outstanding	219,289,110	219,400,000	219,800,000	220,000,000	220,000,000
Cash & Assets
Total Assets	332.78M	332.40M	331.53M	344.83M	336.49M
Total Current Assets	68.37M	81.72M	80.11M	86.27M	72.87M
Cash & Equivalents	48.83M	53.23M	54.47M	55.36M	48.41M
Cash & Short-Term Investments	48.83M	53.23M	54.47M	55.36M	48.41M
Net Cash (Debt)	-123.60M	-122.52M	-134.69M	-147.69M	-156.57M
Net Cash Per Share	-0.56	-0.56	-0.61	-0.67	-0.71
Cash Growth	+0.9%	-16.8%	+23.9%	+42.7%	+47.1%
Accounts Receivable	6.17M	17.47M	15.43M	22.38M	5.77M
Other Receivables	5.56M	—	—	—	7.87M
Receivables	11.74M	17.47M	15.43M	22.38M	13.64M
Inventory	4.59M	11.03M	9.95M	8.53M	7.98M
Prepaid Expenses	3.17M	—	—	—	2.74M
Construction In Progress	67.57M	57.06M	53.14M	52.40M	51.74M
Machinery	93.92M	87.25M	87.14M	89.89M	89.88M
Leasehold Improvements	18.56M	18.50M	18.03M	18.03M	18.03M
Property, Plant & Equipment	259.74M	247.91M	248.05M	255.62M	261.07M
Other Current Assets	0.04M	—	0.26M	—	0.10M
Other Long-Term Assets	4.67M	2.77M	3.37M	2.94M	2.55M
Long-Term Leases	99.40M	101.90M	104.14M	107.50M	110.71M
Current Portion of Leases	18.03M	17.85M	18.01M	18.56M	18.78M
Liabilities & Obligations
Total Liabilities	285.32M	283.59M	295.63M	313.48M	301.05M
Total Liabilities & Equity	332.78M	332.40M	331.53M	344.83M	336.49M
Total Current Liabilities	108.62M	104.69M	92.35M	103.12M	91.79M
Accounts Payable	8.24M	41.30M	35.96M	46.49M	6.21M
Accrued Expenses	21.70M	—	—	—	18.40M
Current Income Taxes Payable	7.29M	—	—	—	7.49M
Current Unearned Revenue	16.39M	10.75M	16.69M	11.27M	12.84M
Other Current Liabilities	18.86M	16.96M	13.69M	13.81M	14.08M
Pension & Post-Retirement Benefits	5.78M	5.97M	5.59M	5.14M	4.68M
Other Long-Term Liabilities	34.63M	32.86M	34.55M	33.72M	32.37M
Debt & Funding
Long-Term Debt	36.89M	38.17M	59.00M	64.00M	61.50M
Short-Term Debt	—	—	—	—	—
Total Debt	172.43M	175.75M	189.15M	203.06M	204.99M
Current Portion of Long-Term Debt	18.11M	17.83M	8.00M	13.00M	14.00M
Equity & Book Value
Shareholders' Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Total Common Equity	47.47M	48.81M	35.90M	31.35M	35.44M
Common Stock	22.00M	22.00M	22.00M	22.00M	22.00M
Retained Earnings	26.12M	27.66M	14.19M	9.35M	13.44M
Treasury Stock	-1.00M	-0.85M	-0.29M	—	—
Comprehensive Income & Other	352.75K	—	—	—	—
Book Value Per Share	0.22	0.22	0.16	0.14	0.16
Tangible Book Value	47.47M	48.81M	35.90M	31.35M	35.44M
Tangible Book Value Per Share	0.22	0.22	0.16	0.14	0.16
Filing Date Shares Outstanding	219.29M	219.40M	219.80M	220.00M	220.00M
Total Common Shares Outstanding	219.29M	219.40M	219.80M	220.00M	220.00M
Working Capital	-40.24M	-22.97M	-12.24M	-16.85M	-18.93M