Kuwait Real Estate Company

KREStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	24.56M	6.46M	16.63M	23.04M	5.22M
Real Estate Asset Acquisitions	-14.37M	-11.80M	-31.11M	-9.76M	-4.45M
Real Estate Asset Sales	—	16.55M	2.61M	5.60M	—
Investing & Financing
Investing Cash Flow	-23.66M	-3.04M	-30.33M	-4.75M	-0.74M
Dividends Paid	-3.60M	-2.61M	-2.59M	—	—
Share Repurchase	-1.96M	-4.93M	-2.52M	—	-0.38M
Operating Activities
Operating Cash Flow	24.56M	6.46M	16.63M	23.04M	5.22M
Net Income	13.41M	11.29M	7.27M	6.25M	3.57M
Change Accounts Payable RE	1.23M	-1.81M	1.19M	6.46M	0.21M
Change Accounts Receivable RE	2.57M	-4.79M	-1.66M	-1.95M	-1.75M
Change in Working Capital	5.48M	-11.25M	-1.96M	6.72M	-9.16M
Change Other Net Oper Assets RE	1.68M	-4.65M	-1.49M	2.21M	-7.63M
Other Operating Activities RE	14.82M	11.57M	8.24M	5.69M	2.76M
Depreciation & Amortization	749.89K	229.24K	32.58K	45.67K	134.99K
Cash Interest Paid	10.73M	10.57M	7.24M	4.68M	4.91M
Loss (Gain) on Equity Investments	2.03M	-0.40M	-2.39M	-0.29M	-0.06M
Asset Writedown Cfre	-9.53M	6.44M	4.30M	3.66M	6.78M
Investing Activities
Investing Cash Flow	-23.66M	-3.04M	-30.33M	-4.75M	-0.74M
Invest In Securities RE	-9.74M	-8.19M	-2.36M	-0.85M	0.35M
Other Investing Activities RE	450.80K	398.33K	534.94K	253.55K	815.52K
Sale Real Estate Assets	—	16.55M	2.61M	5.60M	—
Acquisition Real Estate Assets	-14.37M	-11.80M	-31.11M	-9.76M	-4.45M
Net Sale Acquisition Real Estate Assets	-14.37M	4.74M	-28.50M	-4.16M	-4.45M
Gain Assets Cfre	—	-10.96M	0.02M	-1.73M	-0.35M
Loss (Gain) on Sale of Investments	-2.41M	-0.61M	0.20M	0.38M	0.52M
Financing Activities
Common Dividends Paid	-3.60M	-2.61M	-2.59M	—	—
Issuance of Common Stock	—	—	—	908.65K	—
Repurchase of Common Stock	-1.96M	-4.93M	-2.52M	—	-0.38M
Long-Term Debt Issued	24.25M	20.12M	33.38M	1.82M	5.81M
Total Debt Issued	24.25M	20.12M	33.38M	1.82M	5.81M
Long-Term Debt Repaid	-8.23M	-8.23M	-11.97M	-4.49M	-5.07M
Total Debt Repaid	-8.23M	-8.23M	-11.97M	-4.49M	-5.07M
Net Debt Issued (Repaid)	16.01M	11.89M	21.41M	-2.67M	0.75M
Other Financing Activities RE	-8.10M	-10.57M	-7.24M	-4.68M	-4.91M
Free Cash Flow & Returns
Levered Free Cash Flow	-14.26M	-15.97M	19.57M	10.28M	1.95M
Unlevered Free Cash Flow	-6.27M	-9.23M	24.59M	13.54M	5.80M
Operating Cash Flow Growth	+279.9%	-61.1%	-27.8%	+341.8%	-70.8%
Net Cash Flow	3.52M	-2.99M	-4.77M	12.07M	-0.09M
Foreign Exchange Rate Adjustments	281.18K	-190.96K	-125.01K	212.47K	-18.26K

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	24.56M	6.46M	16.63M	23.04M	5.22M
Real Estate Asset Acquisitions	-14.37M	-11.80M	-31.11M	-9.76M	-4.45M
Real Estate Asset Sales	—	16.55M	2.61M	5.60M	—
Investing & Financing
Investing Cash Flow	-23.66M	-3.04M	-30.33M	-4.75M	-0.74M
Dividends Paid	-3.60M	-2.61M	-2.59M	—	—
Share Repurchase	-1.96M	-4.93M	-2.52M	—	-0.38M
Operating Activities
Operating Cash Flow	24.56M	6.46M	16.63M	23.04M	5.22M
Net Income	13.41M	11.29M	7.27M	6.25M	3.57M
Change Accounts Payable RE	1.23M	-1.81M	1.19M	6.46M	0.21M
Change Accounts Receivable RE	2.57M	-4.79M	-1.66M	-1.95M	-1.75M
Change in Working Capital	5.48M	-11.25M	-1.96M	6.72M	-9.16M
Change Other Net Oper Assets RE	1.68M	-4.65M	-1.49M	2.21M	-7.63M
Other Operating Activities RE	14.82M	11.57M	8.24M	5.69M	2.76M
Depreciation & Amortization	749.89K	229.24K	32.58K	45.67K	134.99K
Cash Interest Paid	10.73M	10.57M	7.24M	4.68M	4.91M
Loss (Gain) on Equity Investments	2.03M	-0.40M	-2.39M	-0.29M	-0.06M
Asset Writedown Cfre	-9.53M	6.44M	4.30M	3.66M	6.78M
Investing Activities
Investing Cash Flow	-23.66M	-3.04M	-30.33M	-4.75M	-0.74M
Invest In Securities RE	-9.74M	-8.19M	-2.36M	-0.85M	0.35M
Other Investing Activities RE	450.80K	398.33K	534.94K	253.55K	815.52K
Sale Real Estate Assets	—	16.55M	2.61M	5.60M	—
Acquisition Real Estate Assets	-14.37M	-11.80M	-31.11M	-9.76M	-4.45M
Net Sale Acquisition Real Estate Assets	-14.37M	4.74M	-28.50M	-4.16M	-4.45M
Gain Assets Cfre	—	-10.96M	0.02M	-1.73M	-0.35M
Loss (Gain) on Sale of Investments	-2.41M	-0.61M	0.20M	0.38M	0.52M
Financing Activities
Common Dividends Paid	-3.60M	-2.61M	-2.59M	—	—
Issuance of Common Stock	—	—	—	908.65K	—
Repurchase of Common Stock	-1.96M	-4.93M	-2.52M	—	-0.38M
Long-Term Debt Issued	24.25M	20.12M	33.38M	1.82M	5.81M
Total Debt Issued	24.25M	20.12M	33.38M	1.82M	5.81M
Long-Term Debt Repaid	-8.23M	-8.23M	-11.97M	-4.49M	-5.07M
Total Debt Repaid	-8.23M	-8.23M	-11.97M	-4.49M	-5.07M
Net Debt Issued (Repaid)	16.01M	11.89M	21.41M	-2.67M	0.75M
Other Financing Activities RE	-8.10M	-10.57M	-7.24M	-4.68M	-4.91M
Free Cash Flow & Returns
Levered Free Cash Flow	-14.26M	-15.97M	19.57M	10.28M	1.95M
Unlevered Free Cash Flow	-6.27M	-9.23M	24.59M	13.54M	5.80M
Operating Cash Flow Growth	+279.9%	-61.1%	-27.8%	+341.8%	-70.8%
Net Cash Flow	3.52M	-2.99M	-4.77M	12.07M	-0.09M
Foreign Exchange Rate Adjustments	281.18K	-190.96K	-125.01K	212.47K	-18.26K