REAL ESTATE TRADE CENTERS CO.

Marakez Real Estate Development Company K.P.S.C

MARAKEZStocksBoursa KuwaitReal Estate

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	81.59K	559.05K	65.06K	67.59K	15.81K
Gross Profit	81.59K	559.05K	65.06K	67.59K	15.81K
SG&A	228.28K	121.11K	125.08K	146.22K	106.88K
Operating Expenses	300.94K	121.22K	125.19K	146.33K	107.70K
Operating Income	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
Other Income/Expense	2.31M	—	-0.00M	—	—
Pretax Income	2.80M	-6.67M	0.16M	0.41M	0.03M
Income Tax	29.03K	—	—	—	0.27K
Net Income	2.77M	-6.67M	0.16M	0.41M	0.03M
EBITDA	-219.26K	437.94K	-60.03K	-78.62K	-91.74K
EBIT	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
EPS (Basic)	0.02	-0.05	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.05	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	-268.7%	+78.3%	-92.3%	-116.3%	-580.2%
Net Margin %	+3,397.8%	-1,194.0%	+241.0%	+599.6%	+196.3%
Revenue & Income
Revenue	81.59K	559.05K	65.06K	67.59K	15.81K
Revenue as Reported	3.13M	-6.55M	0.28M	0.66M	0.14M
Revenue Growth (YoY)	-85.4%	+759.4%	-3.8%	+327.5%	+2,111.5%
Operating Revenue	37.52K	59.05K	65.06K	64.71K	9.41K
Other Revenue	44.07K	500.00K	—	2.89K	6.41K
Expenses & Provisions
Advertising Expenses	0.38K	0.48K	0.72K	1.14K	0.50K
Selling, General & Admin	228.28K	121.11K	125.08K	146.22K	106.88K
Operating Expenses	300.94K	121.22K	125.19K	146.33K	107.70K
Other Operating Expenses	72.57K	—	—	—	0.67K
Other Non Operating Income (Expenses)	2.31M	—	-0.00M	—	—
Legal Settlements	—	—	—	-106.74K	—
Asset Writedown	0.74M	-7.11M	0.22M	0.59M	0.08M
D&A For EBITDA	87	112	112	112	154
Profitability & Returns
Gross Profit	81.59K	559.05K	65.06K	67.59K	15.81K
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
EBIT Margin	-268.8%	+78.3%	-92.4%	-116.5%	—
EBITDA	-219.26K	437.94K	-60.03K	-78.62K	-91.74K
EBITDA Margin	-268.7%	+78.3%	-92.3%	-116.3%	—
EBT Excluding Unusual Items	2.09M	0.44M	-0.06M	-0.08M	-0.09M
Pretax Income	2.80M	-6.67M	0.16M	0.41M	0.03M
Operating Income	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
Operating Margin	-268.8%	+78.3%	-92.4%	-116.5%	-581.1%
Profit Margin	+3,397.8%	-1,194.0%	+241.0%	+599.6%	+196.3%
Net Income	2.77M	-6.67M	0.16M	0.41M	0.03M
Net Income to Common	2.77M	-6.67M	0.16M	0.41M	0.03M
Net Income Growth	—	—	-61.3%	+1,205.6%	-8.0%
Income Tax Expense	29.03K	—	—	—	0.27K
Effective Tax Rate	+1.0%	—	—	—	+0.9%
Per Share & Capital
EPS (Basic)	0.02	-0.05	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.05	0.00	0.00	0.00
EPS Growth	—	—	-61.3%	+1,209.4%	-14.6%
Shares Change (YoY)	—	—	—	—	0.07
Shares Outstanding (Basic)	138.75M	138.75M	138.75M	138.75M	138.75M
Shares Outstanding (Diluted)	138.75M	138.75M	138.75M	138.75M	138.75M
Free Cash Flow	-0.01M	0.00M	-0.05M	-1.44M	2.41M
Free Cash Flow Margin	-7.0%	0.0%	-76.9%	-2,124.8%	+15,245.1%
Free Cash Flow Per Share	0.00	0.00	0.00	-0.01	0.02
Supplemental
Other Unusual Items	-26.10K	—	—	-3.68K	38.63K

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	81.59K	559.05K	65.06K	67.59K	15.81K
Gross Profit	81.59K	559.05K	65.06K	67.59K	15.81K
SG&A	228.28K	121.11K	125.08K	146.22K	106.88K
Operating Expenses	300.94K	121.22K	125.19K	146.33K	107.70K
Operating Income	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
Other Income/Expense	2.31M	—	-0.00M	—	—
Pretax Income	2.80M	-6.67M	0.16M	0.41M	0.03M
Income Tax	29.03K	—	—	—	0.27K
Net Income	2.77M	-6.67M	0.16M	0.41M	0.03M
EBITDA	-219.26K	437.94K	-60.03K	-78.62K	-91.74K
EBIT	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
EPS (Basic)	0.02	-0.05	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.05	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	-268.7%	+78.3%	-92.3%	-116.3%	-580.2%
Net Margin %	+3,397.8%	-1,194.0%	+241.0%	+599.6%	+196.3%
Revenue & Income
Revenue	81.59K	559.05K	65.06K	67.59K	15.81K
Revenue as Reported	3.13M	-6.55M	0.28M	0.66M	0.14M
Revenue Growth (YoY)	-85.4%	+759.4%	-3.8%	+327.5%	+2,111.5%
Operating Revenue	37.52K	59.05K	65.06K	64.71K	9.41K
Other Revenue	44.07K	500.00K	—	2.89K	6.41K
Expenses & Provisions
Advertising Expenses	0.38K	0.48K	0.72K	1.14K	0.50K
Selling, General & Admin	228.28K	121.11K	125.08K	146.22K	106.88K
Operating Expenses	300.94K	121.22K	125.19K	146.33K	107.70K
Other Operating Expenses	72.57K	—	—	—	0.67K
Other Non Operating Income (Expenses)	2.31M	—	-0.00M	—	—
Legal Settlements	—	—	—	-106.74K	—
Asset Writedown	0.74M	-7.11M	0.22M	0.59M	0.08M
D&A For EBITDA	87	112	112	112	154
Profitability & Returns
Gross Profit	81.59K	559.05K	65.06K	67.59K	15.81K
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
EBIT Margin	-268.8%	+78.3%	-92.4%	-116.5%	—
EBITDA	-219.26K	437.94K	-60.03K	-78.62K	-91.74K
EBITDA Margin	-268.7%	+78.3%	-92.3%	-116.3%	—
EBT Excluding Unusual Items	2.09M	0.44M	-0.06M	-0.08M	-0.09M
Pretax Income	2.80M	-6.67M	0.16M	0.41M	0.03M
Operating Income	-219.34K	437.83K	-60.14K	-78.73K	-91.89K
Operating Margin	-268.8%	+78.3%	-92.4%	-116.5%	-581.1%
Profit Margin	+3,397.8%	-1,194.0%	+241.0%	+599.6%	+196.3%
Net Income	2.77M	-6.67M	0.16M	0.41M	0.03M
Net Income to Common	2.77M	-6.67M	0.16M	0.41M	0.03M
Net Income Growth	—	—	-61.3%	+1,205.6%	-8.0%
Income Tax Expense	29.03K	—	—	—	0.27K
Effective Tax Rate	+1.0%	—	—	—	+0.9%
Per Share & Capital
EPS (Basic)	0.02	-0.05	0.00	0.00	0.00
EPS (Diluted)	0.02	-0.05	0.00	0.00	0.00
EPS Growth	—	—	-61.3%	+1,209.4%	-14.6%
Shares Change (YoY)	—	—	—	—	0.07
Shares Outstanding (Basic)	138.75M	138.75M	138.75M	138.75M	138.75M
Shares Outstanding (Diluted)	138.75M	138.75M	138.75M	138.75M	138.75M
Free Cash Flow	-0.01M	0.00M	-0.05M	-1.44M	2.41M
Free Cash Flow Margin	-7.0%	0.0%	-76.9%	-2,124.8%	+15,245.1%
Free Cash Flow Per Share	0.00	0.00	0.00	-0.01	0.02
Supplemental
Other Unusual Items	-26.10K	—	—	-3.68K	38.63K