Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	5.33M	2.35M	4.19M	2.15M	2.37M
Cost of Revenue	1.65M	1.06M	1.51M	1.78M	1.35M
Gross Profit	3.68M	1.28M	2.68M	0.38M	1.02M
SG&A	428.83K	488.20K	347.10K	404.47K	399.85K
Operating Expenses	0.49M	2.67M	0.35M	1.26M	2.96M
Operating Income	3.18M	-1.39M	2.33M	-0.89M	-1.94M
Interest Expense	-465.83K	-514.63K	-507.92K	-702.30K	-430.79K
Other Income/Expense	—	—	-3.75M	—	—
Pretax Income	2.73M	-11.08M	-1.94M	-3.09M	-2.37M
Income Tax	25.67K	—	—	—	—
Net Income	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
EBITDA	3.25M	-1.30M	2.42M	-0.80M	-1.84M
EBIT	3.18M	-1.39M	2.33M	-0.89M	-1.94M
EPS (Basic)	0.01	-0.03	-0.00	-0.01	-0.00
EPS (Diluted)	0.01	-0.03	-0.00	-0.01	-0.00
Margins & Efficiency
Gross Margin %	+69.1%	+54.7%	+64.0%	+17.4%	+43.0%
EBITDA Margin %	+61.0%	-55.4%	+57.7%	-37.1%	-77.6%
Net Margin %	+50.9%	-458.2%	-45.8%	-95.2%	-42.2%
Revenue & Income
Revenue	5.33M	2.35M	4.19M	2.15M	2.37M
Revenue as Reported	5.33M	2.35M	4.19M	2.15M	2.37M
Revenue Growth (YoY)	+124.5%	+300.2%	+62.4%	+37.6%	-25.8%
Operating Revenue	1.46M	1.49M	1.91M	1.37M	1.37M
Other Revenue	3.87M	0.86M	2.28M	0.78M	1.00M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	-9.18M	—	—	—
Currency Exchange Gain (Loss)	12.32K	4.12K	-10.53K	-10.30K	-0.21K
Expenses & Provisions
Cost of Revenue	1.65M	1.06M	1.51M	1.78M	1.35M
Selling, General & Admin	428.83K	488.20K	347.10K	404.47K	399.85K
Operating Expenses	0.49M	2.67M	0.35M	1.26M	2.96M
Other Operating Expenses	65.30K	—	—	—	—
Interest Expense	-465.83K	-514.63K	-507.92K	-702.30K	-430.79K
Other Non Operating Income (Expenses)	—	—	-3.75M	—	—
Legal Settlements	—	—	—	-1.49M	—
Asset Writedown	—	—	—	—	—
D&A For EBITDA	62.54K	90.23K	82.98K	87.94K	98.87K
Profitability & Returns
Gross Profit	3.68M	1.28M	2.68M	0.38M	1.02M
Gross Margin	+69.1%	+54.7%	+64.0%	+17.4%	+43.0%
EBIT	3.18M	-1.39M	2.33M	-0.89M	-1.94M
EBIT Margin	+59.8%	-59.3%	+55.7%	-41.2%	-81.8%
EBITDA	3.25M	-1.30M	2.42M	-0.80M	-1.84M
EBITDA Margin	+61.0%	-55.4%	+57.7%	-37.1%	-77.6%
EBT Excluding Unusual Items	2.73M	-1.90M	-1.94M	-1.60M	-2.37M
Pretax Income	2.73M	-11.08M	-1.94M	-3.09M	-2.37M
Operating Income	3.18M	-1.39M	2.33M	-0.89M	-1.94M
Operating Margin	+59.8%	-59.3%	+55.7%	-41.2%	-81.8%
Profit Margin	+50.9%	-458.2%	-45.8%	-95.2%	-42.2%
Net Income	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
Net Income to Common	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
Net Income to Company	2.70M	-11.08M	-1.94M	-3.09M	-2.37M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	2.70M	-11.08M	-1.94M	-3.09M	-2.37M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	0.01M	0.32M	0.02M	1.04M	1.37M
Income Tax Expense	25.67K	—	—	—	—
Effective Tax Rate	+0.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.01	-0.03	-0.00	-0.01	-0.00
EPS (Diluted)	0.01	-0.03	-0.00	-0.01	-0.00
EPS Growth	—	—	—	—	—
Shares Outstanding (Basic)	398.25M	398.25M	398.25M	398.25M	398.25M
Shares Outstanding (Diluted)	398.25M	398.25M	398.25M	398.25M	398.25M
Free Cash Flow	-1.01M	8.25M	-0.85M	-0.17M	-0.68M
Free Cash Flow Margin	-18.9%	+351.6%	-20.2%	-7.9%	-28.9%
Free Cash Flow Per Share	-0.00	0.02	-0.00	0.00	-0.00

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	5.33M	2.35M	4.19M	2.15M	2.37M
Cost of Revenue	1.65M	1.06M	1.51M	1.78M	1.35M
Gross Profit	3.68M	1.28M	2.68M	0.38M	1.02M
SG&A	428.83K	488.20K	347.10K	404.47K	399.85K
Operating Expenses	0.49M	2.67M	0.35M	1.26M	2.96M
Operating Income	3.18M	-1.39M	2.33M	-0.89M	-1.94M
Interest Expense	-465.83K	-514.63K	-507.92K	-702.30K	-430.79K
Other Income/Expense	—	—	-3.75M	—	—
Pretax Income	2.73M	-11.08M	-1.94M	-3.09M	-2.37M
Income Tax	25.67K	—	—	—	—
Net Income	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
EBITDA	3.25M	-1.30M	2.42M	-0.80M	-1.84M
EBIT	3.18M	-1.39M	2.33M	-0.89M	-1.94M
EPS (Basic)	0.01	-0.03	-0.00	-0.01	-0.00
EPS (Diluted)	0.01	-0.03	-0.00	-0.01	-0.00
Margins & Efficiency
Gross Margin %	+69.1%	+54.7%	+64.0%	+17.4%	+43.0%
EBITDA Margin %	+61.0%	-55.4%	+57.7%	-37.1%	-77.6%
Net Margin %	+50.9%	-458.2%	-45.8%	-95.2%	-42.2%
Revenue & Income
Revenue	5.33M	2.35M	4.19M	2.15M	2.37M
Revenue as Reported	5.33M	2.35M	4.19M	2.15M	2.37M
Revenue Growth (YoY)	+124.5%	+300.2%	+62.4%	+37.6%	-25.8%
Operating Revenue	1.46M	1.49M	1.91M	1.37M	1.37M
Other Revenue	3.87M	0.86M	2.28M	0.78M	1.00M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	-9.18M	—	—	—
Currency Exchange Gain (Loss)	12.32K	4.12K	-10.53K	-10.30K	-0.21K
Expenses & Provisions
Cost of Revenue	1.65M	1.06M	1.51M	1.78M	1.35M
Selling, General & Admin	428.83K	488.20K	347.10K	404.47K	399.85K
Operating Expenses	0.49M	2.67M	0.35M	1.26M	2.96M
Other Operating Expenses	65.30K	—	—	—	—
Interest Expense	-465.83K	-514.63K	-507.92K	-702.30K	-430.79K
Other Non Operating Income (Expenses)	—	—	-3.75M	—	—
Legal Settlements	—	—	—	-1.49M	—
Asset Writedown	—	—	—	—	—
D&A For EBITDA	62.54K	90.23K	82.98K	87.94K	98.87K
Profitability & Returns
Gross Profit	3.68M	1.28M	2.68M	0.38M	1.02M
Gross Margin	+69.1%	+54.7%	+64.0%	+17.4%	+43.0%
EBIT	3.18M	-1.39M	2.33M	-0.89M	-1.94M
EBIT Margin	+59.8%	-59.3%	+55.7%	-41.2%	-81.8%
EBITDA	3.25M	-1.30M	2.42M	-0.80M	-1.84M
EBITDA Margin	+61.0%	-55.4%	+57.7%	-37.1%	-77.6%
EBT Excluding Unusual Items	2.73M	-1.90M	-1.94M	-1.60M	-2.37M
Pretax Income	2.73M	-11.08M	-1.94M	-3.09M	-2.37M
Operating Income	3.18M	-1.39M	2.33M	-0.89M	-1.94M
Operating Margin	+59.8%	-59.3%	+55.7%	-41.2%	-81.8%
Profit Margin	+50.9%	-458.2%	-45.8%	-95.2%	-42.2%
Net Income	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
Net Income to Common	2.71M	-10.76M	-1.92M	-2.05M	-1.00M
Net Income to Company	2.70M	-11.08M	-1.94M	-3.09M	-2.37M
Net Income Growth	—	—	—	—	—
Earnings From Continuing Ops.	2.70M	-11.08M	-1.94M	-3.09M	-2.37M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	0.01M	0.32M	0.02M	1.04M	1.37M
Income Tax Expense	25.67K	—	—	—	—
Effective Tax Rate	+0.9%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.01	-0.03	-0.00	-0.01	-0.00
EPS (Diluted)	0.01	-0.03	-0.00	-0.01	-0.00
EPS Growth	—	—	—	—	—
Shares Outstanding (Basic)	398.25M	398.25M	398.25M	398.25M	398.25M
Shares Outstanding (Diluted)	398.25M	398.25M	398.25M	398.25M	398.25M
Free Cash Flow	-1.01M	8.25M	-0.85M	-0.17M	-0.68M
Free Cash Flow Margin	-18.9%	+351.6%	-20.2%	-7.9%	-28.9%
Free Cash Flow Per Share	-0.00	0.02	-0.00	0.00	-0.00

Financials

Quarterly (KWD)

PRIVATIZATION HOLDING CO.

Quarterly (KWD)