Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	1.25M	1.13M	0.02M	0.43M	-0.01M
Real Estate Asset Acquisitions	-0.02M	-0.00M	-0.03M	-2.61M	-3.27M
Real Estate Asset Sales	—	—	—	—	2.65M
Investing & Financing
Investing Cash Flow	-0.15M	2.47M	-7.56M	-8.11M	-1.83M
Dividends Paid	-0.01M	-1.62M	-0.00M	-0.00M	-0.01M
Share Repurchase	-0.01M	-0.00M	-0.00M	-0.12M	-0.29M
Operating Activities
Operating Cash Flow	1.25M	1.13M	0.02M	0.43M	-0.01M
Net Income	1.69M	0.20M	0.45M	-0.27M	2.40M
Change Accounts Payable RE	0.35M	0.17M	-0.24M	-0.09M	0.21M
Change Accounts Receivable RE	0.42M	0.19M	-0.83M	-0.22M	-0.63M
Change in Working Capital	0.77M	0.32M	-1.09M	-0.31M	-0.41M
Change Other Net Oper Assets RE	—	-45.93K	-18.46K	—	-0.00K
Other Operating Activities RE	1.16M	0.91M	0.94M	0.74M	1.29M
Depreciation & Amortization	6.98K	6.98K	7.19K	6.66K	4.08K
Cash Interest Paid	942.12K	843.31K	771.65K	354.75K	687.24K
Loss (Gain) on Equity Investments	0.00M	0.09M	-0.04M	0.22M	-1.69M
Asset Writedown Cfre	-3.65M	—	—	—	-0.72M
Investing Activities
Investing Cash Flow	-0.15M	2.47M	-7.56M	-8.11M	-1.83M
Cash Acquisitions	—	—	—	—	—
Invest In Securities RE	—	0.86M	-7.23M	-4.61M	-1.05M
Other Investing Activities RE	-0.13M	1.61M	-0.30M	-0.89M	-0.15M
Sale Real Estate Assets	—	—	—	—	2.65M
Acquisition Real Estate Assets	-0.02M	-0.00M	-0.03M	-2.61M	-3.27M
Net Sale Acquisition Real Estate Assets	-0.02M	-0.00M	-0.03M	-2.61M	-0.62M
Gain Assets Cfre	—	-0.00M	—	—	-0.24M
Loss (Gain) on Sale of Investments	1.15M	-0.40M	-0.23M	0.04M	-0.67M
Financing Activities
Common Dividends Paid	-0.01M	-1.62M	-0.00M	-0.00M	-0.01M
Issuance of Common Stock	—	—	511.36K	—	123.18K
Repurchase of Common Stock	-0.01M	-0.00M	-0.00M	-0.12M	-0.29M
Long-Term Debt Issued	—	—	—	13.99M	—
Short-Term Debt Issued	—	—	—	25.59K	—
Total Debt Issued	—	0.36M	8.07M	14.02M	4.92M
Long-Term Debt Repaid	—	—	—	-3.06M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-2.21M	-0.79M	-2.61M	-3.06M	-2.67M
Net Debt Issued (Repaid)	-2.21M	-0.44M	5.46M	10.96M	2.25M
Other Financing Activities RE	-1.02M	-0.89M	-0.83M	-0.40M	-0.73M
Free Cash Flow & Returns
Levered Free Cash Flow	1.58M	-3.92M	1.97M	0.73M	-4.57M
Unlevered Free Cash Flow	2.08M	-3.39M	2.49M	1.19M	-4.17M
Operating Cash Flow Growth	—	+260.3%	-96.8%	-82.4%	—
Net Cash Flow	-2.08M	0.68M	-2.41M	2.78M	-0.47M
Foreign Exchange Rate Adjustments	80.80K	21.83K	-20.16K	21.48K	19.43K

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
Operations
Operating Cash Flow	1.25M	1.13M	0.02M	0.43M	-0.01M
Real Estate Asset Acquisitions	-0.02M	-0.00M	-0.03M	-2.61M	-3.27M
Real Estate Asset Sales	—	—	—	—	2.65M
Investing & Financing
Investing Cash Flow	-0.15M	2.47M	-7.56M	-8.11M	-1.83M
Dividends Paid	-0.01M	-1.62M	-0.00M	-0.00M	-0.01M
Share Repurchase	-0.01M	-0.00M	-0.00M	-0.12M	-0.29M
Operating Activities
Operating Cash Flow	1.25M	1.13M	0.02M	0.43M	-0.01M
Net Income	1.69M	0.20M	0.45M	-0.27M	2.40M
Change Accounts Payable RE	0.35M	0.17M	-0.24M	-0.09M	0.21M
Change Accounts Receivable RE	0.42M	0.19M	-0.83M	-0.22M	-0.63M
Change in Working Capital	0.77M	0.32M	-1.09M	-0.31M	-0.41M
Change Other Net Oper Assets RE	—	-45.93K	-18.46K	—	-0.00K
Other Operating Activities RE	1.16M	0.91M	0.94M	0.74M	1.29M
Depreciation & Amortization	6.98K	6.98K	7.19K	6.66K	4.08K
Cash Interest Paid	942.12K	843.31K	771.65K	354.75K	687.24K
Loss (Gain) on Equity Investments	0.00M	0.09M	-0.04M	0.22M	-1.69M
Asset Writedown Cfre	-3.65M	—	—	—	-0.72M
Investing Activities
Investing Cash Flow	-0.15M	2.47M	-7.56M	-8.11M	-1.83M
Cash Acquisitions	—	—	—	—	—
Invest In Securities RE	—	0.86M	-7.23M	-4.61M	-1.05M
Other Investing Activities RE	-0.13M	1.61M	-0.30M	-0.89M	-0.15M
Sale Real Estate Assets	—	—	—	—	2.65M
Acquisition Real Estate Assets	-0.02M	-0.00M	-0.03M	-2.61M	-3.27M
Net Sale Acquisition Real Estate Assets	-0.02M	-0.00M	-0.03M	-2.61M	-0.62M
Gain Assets Cfre	—	-0.00M	—	—	-0.24M
Loss (Gain) on Sale of Investments	1.15M	-0.40M	-0.23M	0.04M	-0.67M
Financing Activities
Common Dividends Paid	-0.01M	-1.62M	-0.00M	-0.00M	-0.01M
Issuance of Common Stock	—	—	511.36K	—	123.18K
Repurchase of Common Stock	-0.01M	-0.00M	-0.00M	-0.12M	-0.29M
Long-Term Debt Issued	—	—	—	13.99M	—
Short-Term Debt Issued	—	—	—	25.59K	—
Total Debt Issued	—	0.36M	8.07M	14.02M	4.92M
Long-Term Debt Repaid	—	—	—	-3.06M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	-2.21M	-0.79M	-2.61M	-3.06M	-2.67M
Net Debt Issued (Repaid)	-2.21M	-0.44M	5.46M	10.96M	2.25M
Other Financing Activities RE	-1.02M	-0.89M	-0.83M	-0.40M	-0.73M
Free Cash Flow & Returns
Levered Free Cash Flow	1.58M	-3.92M	1.97M	0.73M	-4.57M
Unlevered Free Cash Flow	2.08M	-3.39M	2.49M	1.19M	-4.17M
Operating Cash Flow Growth	—	+260.3%	-96.8%	-82.4%	—
Net Cash Flow	-2.08M	0.68M	-2.41M	2.78M	-0.47M
Foreign Exchange Rate Adjustments	80.80K	21.83K	-20.16K	21.48K	19.43K

Financials

Quarterly (KWD)

KUWAIT BUSINESS TOWN REAL ESTATE CO.

Quarterly (KWD)