PRIVATIZATION HOLDING CO.

Privatization Holding Co. KSCC

KPPCStocksBoursa KuwaitIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	11.06M	7.93M	3.69M	7.39M	8.46M
Cost of Revenue	5.71M	6.03M	5.85M	8.05M	8.09M
Gross Profit	5.36M	1.91M	-2.15M	-0.66M	0.37M
SG&A	1.64M	1.93M	2.10M	2.50M	2.45M
Operating Expenses	1.64M	4.94M	4.15M	2.59M	2.63M
Operating Income	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
Interest Expense	-2.16M	-2.26M	-2.18M	-1.33M	-1.36M
Other Income/Expense	-3.75M	—	—	—	—
Pretax Income	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
EBITDA	4.08M	-2.56M	-5.85M	-2.84M	-1.82M
EBIT	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
EPS (Basic)	-25.78	-0.01	-0.02	-0.01	-0.00
EPS (Diluted)	-25.78	-0.01	-0.02	-0.01	-0.00
Margins & Efficiency
Gross Margin %	+48.4%	+24.0%	-58.3%	-8.9%	+4.4%
EBITDA Margin %	+36.8%	-32.2%	-158.4%	-38.4%	-21.5%
Net Margin %	-142.2%	-54.4%	-330.7%	-85.0%	-28.8%
Revenue & Income
Revenue	11.06M	7.93M	3.69M	7.39M	8.46M
Revenue as Reported	11.06M	7.93M	-3.69M	7.39M	8.49M
Revenue Growth (YoY)	+39.5%	+114.7%	-50.1%	-12.6%	-3.9%
Operating Revenue	6.14M	6.09M	4.66M	5.95M	5.82M
Other Revenue	4.92M	1.84M	-0.97M	1.44M	2.63M
Gain (Loss) on Sale of Assets	—	—	—	-1.63K	-80.71K
Gain (Loss) on Sale of Investments	-9.18M	—	-4.76M	-2.64M	—
Currency Exchange Gain (Loss)	-16.92K	-29.01K	-40.22K	-155.53K	15.50K
Expenses & Provisions
Cost of Revenue	5.71M	6.03M	5.85M	8.05M	8.09M
Selling, General & Admin	1.64M	1.93M	2.10M	2.50M	2.45M
Operating Expenses	1.64M	4.94M	4.15M	2.59M	2.63M
Interest Expense	-2.16M	-2.26M	-2.18M	-1.33M	-1.36M
Other Non Operating Income (Expenses)	-3.75M	—	—	—	—
Legal Settlements	-1.49M	—	—	—	—
Asset Writedown	-5.60M	—	—	—	0.01M
D&A For EBITDA	360.02K	475.51K	448.64K	398.85K	437.20K
Profitability & Returns
Gross Profit	5.36M	1.91M	-2.15M	-0.66M	0.37M
Gross Margin	+48.4%	+24.0%	-58.3%	-8.9%	+4.4%
EBIT	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
EBIT Margin	+33.6%	-38.2%	-170.6%	-43.8%	-26.7%
EBITDA	4.08M	-2.56M	-5.85M	-2.84M	-1.82M
EBITDA Margin	+36.8%	-32.2%	-158.4%	-38.4%	-21.5%
EBT Excluding Unusual Items	-2.21M	-5.32M	-8.52M	-4.73M	-3.60M
Pretax Income	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Operating Income	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
Operating Margin	+33.6%	-38.2%	-170.6%	-43.8%	-26.7%
Profit Margin	-142.2%	-54.4%	-330.7%	-85.0%	-28.8%
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Net Income to Common	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Net Income to Company	-18.47M	-5.34M	-13.42M	-7.37M	-3.67M
Earnings From Continuing Ops.	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Earnings From Discontinued Ops.	—	-25.22K	-139.16K	—	—
Minority Interest in Earnings	2.75M	1.03M	1.21M	1.08M	1.24M
Per Share & Capital
EPS (Basic)	-25.78	-0.01	-0.02	-0.01	-0.00
EPS (Diluted)	-25.78	-0.01	-0.02	-0.01	-0.00
Shares Change (YoY)	-1	—	—	—	—
Shares Outstanding (Basic)	0.61M	610.00M	610.00M	610.00M	610.00M
Shares Outstanding (Diluted)	0.61M	610.00M	610.00M	610.00M	610.00M
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Free Cash Flow Margin	+59.2%	-14.3%	-38.2%	+10.0%	+23.8%
Free Cash Flow Per Share	10.74	-0.00	-0.00	0.00	0.00

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	11.06M	7.93M	3.69M	7.39M	8.46M
Cost of Revenue	5.71M	6.03M	5.85M	8.05M	8.09M
Gross Profit	5.36M	1.91M	-2.15M	-0.66M	0.37M
SG&A	1.64M	1.93M	2.10M	2.50M	2.45M
Operating Expenses	1.64M	4.94M	4.15M	2.59M	2.63M
Operating Income	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
Interest Expense	-2.16M	-2.26M	-2.18M	-1.33M	-1.36M
Other Income/Expense	-3.75M	—	—	—	—
Pretax Income	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
EBITDA	4.08M	-2.56M	-5.85M	-2.84M	-1.82M
EBIT	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
EPS (Basic)	-25.78	-0.01	-0.02	-0.01	-0.00
EPS (Diluted)	-25.78	-0.01	-0.02	-0.01	-0.00
Margins & Efficiency
Gross Margin %	+48.4%	+24.0%	-58.3%	-8.9%	+4.4%
EBITDA Margin %	+36.8%	-32.2%	-158.4%	-38.4%	-21.5%
Net Margin %	-142.2%	-54.4%	-330.7%	-85.0%	-28.8%
Revenue & Income
Revenue	11.06M	7.93M	3.69M	7.39M	8.46M
Revenue as Reported	11.06M	7.93M	-3.69M	7.39M	8.49M
Revenue Growth (YoY)	+39.5%	+114.7%	-50.1%	-12.6%	-3.9%
Operating Revenue	6.14M	6.09M	4.66M	5.95M	5.82M
Other Revenue	4.92M	1.84M	-0.97M	1.44M	2.63M
Gain (Loss) on Sale of Assets	—	—	—	-1.63K	-80.71K
Gain (Loss) on Sale of Investments	-9.18M	—	-4.76M	-2.64M	—
Currency Exchange Gain (Loss)	-16.92K	-29.01K	-40.22K	-155.53K	15.50K
Expenses & Provisions
Cost of Revenue	5.71M	6.03M	5.85M	8.05M	8.09M
Selling, General & Admin	1.64M	1.93M	2.10M	2.50M	2.45M
Operating Expenses	1.64M	4.94M	4.15M	2.59M	2.63M
Interest Expense	-2.16M	-2.26M	-2.18M	-1.33M	-1.36M
Other Non Operating Income (Expenses)	-3.75M	—	—	—	—
Legal Settlements	-1.49M	—	—	—	—
Asset Writedown	-5.60M	—	—	—	0.01M
D&A For EBITDA	360.02K	475.51K	448.64K	398.85K	437.20K
Profitability & Returns
Gross Profit	5.36M	1.91M	-2.15M	-0.66M	0.37M
Gross Margin	+48.4%	+24.0%	-58.3%	-8.9%	+4.4%
EBIT	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
EBIT Margin	+33.6%	-38.2%	-170.6%	-43.8%	-26.7%
EBITDA	4.08M	-2.56M	-5.85M	-2.84M	-1.82M
EBITDA Margin	+36.8%	-32.2%	-158.4%	-38.4%	-21.5%
EBT Excluding Unusual Items	-2.21M	-5.32M	-8.52M	-4.73M	-3.60M
Pretax Income	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Operating Income	3.72M	-3.03M	-6.30M	-3.24M	-2.26M
Operating Margin	+33.6%	-38.2%	-170.6%	-43.8%	-26.7%
Profit Margin	-142.2%	-54.4%	-330.7%	-85.0%	-28.8%
Net Income	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Net Income to Common	-15.73M	-4.31M	-12.21M	-6.29M	-2.43M
Net Income to Company	-18.47M	-5.34M	-13.42M	-7.37M	-3.67M
Earnings From Continuing Ops.	-18.47M	-5.32M	-13.28M	-7.37M	-3.67M
Earnings From Discontinued Ops.	—	-25.22K	-139.16K	—	—
Minority Interest in Earnings	2.75M	1.03M	1.21M	1.08M	1.24M
Per Share & Capital
EPS (Basic)	-25.78	-0.01	-0.02	-0.01	-0.00
EPS (Diluted)	-25.78	-0.01	-0.02	-0.01	-0.00
Shares Change (YoY)	-1	—	—	—	—
Shares Outstanding (Basic)	0.61M	610.00M	610.00M	610.00M	610.00M
Shares Outstanding (Diluted)	0.61M	610.00M	610.00M	610.00M	610.00M
Free Cash Flow	6.55M	-1.14M	-1.41M	0.74M	2.02M
Free Cash Flow Margin	+59.2%	-14.3%	-38.2%	+10.0%	+23.8%
Free Cash Flow Per Share	10.74	-0.00	-0.00	0.00	0.00