MEZZAN HOLDING CO

Mezzan Holding Company KSCC

MEZZANStocksBoursa KuwaitConsumer Staples

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
Assets
Cash & Equivalents	20.23M	19.18M	28.07M	20.46M	19.31M
Cash & Short-Term Investments	20.23M	19.18M	28.07M	20.46M	19.31M
Receivables	59.03M	52.89M	56.81M	53.75M	56.22M
Inventory	69.25M	68.88M	57.44M	59.60M	54.81M
Current Assets	171.84M	162.06M	156.93M	146.85M	144.59M
PP&E	96.26M	84.45M	80.75M	81.67M	80.83M
Goodwill	23.18M	23.27M	23.22M	23.21M	23.08M
Intangible Assets	13.08M	13.27M	12.22M	11.80M	10.02M
Total Assets	312.51M	292.00M	281.19M	272.10M	267.47M
Liabilities
Accounts Payable	41.00M	41.95M	38.32M	39.95M	41.60M
Current Liabilities	153.49M	150.29M	151.03M	150.07M	134.31M
Long-Term Debt	8.51M	2.08M	—	—	—
Short-Term Debt	1.55M	1.06M	10.79M	14.49M	3.90M
Total Debt	97.57M	87.21M	90.44M	87.99M	76.13M
Total Liabilities	174.01M	162.81M	161.69M	160.74M	147.40M
Equity & Ownership
Retained Earnings	101.28M	91.55M	82.64M	74.82M	85.42M
Total Equity	138.50M	129.20M	119.50M	111.35M	120.07M
Net Debt	77.34M	68.04M	62.36M	67.53M	56.82M
Shares Outstanding	311,320,530	311,325,000	310,167,235	310,575,000	307,500,000
Cash & Assets
Total Assets	312.51M	292.00M	281.19M	272.10M	267.47M
Total Current Assets	171.84M	162.06M	156.93M	146.85M	144.59M
Cash & Equivalents	20.23M	19.18M	28.07M	20.46M	19.31M
Cash & Short-Term Investments	20.23M	19.18M	28.07M	20.46M	19.31M
Net Cash (Debt)	-77.34M	-68.04M	-62.36M	-67.53M	-56.82M
Net Cash Per Share	-0.25	-0.22	-0.20	-0.22	-0.19
Cash Growth	+5.5%	-31.7%	+37.2%	+5.9%	-1.5%
Accounts Receivable	53.97M	48.83M	53.45M	50.75M	52.86M
Other Receivables	5.06M	4.06M	3.36M	3.00M	3.36M
Receivables	59.03M	52.89M	56.81M	53.75M	56.22M
Inventory	69.25M	68.88M	57.44M	59.60M	54.81M
Prepaid Expenses	—	—	—	—	1.32M
Construction In Progress	26.08M	13.25M	8.60M	9.97M	8.86M
Land	13.48M	13.52M	14.20M	14.19M	12.64M
Buildings	70.41M	69.63M	66.42M	63.91M	61.50M
Machinery	90.41M	88.12M	91.46M	89.80M	86.29M
Property, Plant & Equipment	96.26M	84.45M	80.75M	81.67M	80.83M
Goodwill	23.18M	23.27M	23.22M	23.21M	23.08M
Other Intangible Assets	13.08M	13.27M	12.22M	11.80M	10.02M
Other Current Assets	23.33M	21.11M	14.60M	13.06M	12.92M
Other Long-Term Assets	4.86M	4.88M	4.74M	4.63M	4.57M
Long-Term Accounts Receivable	—	—	—	—	—
Long-Term Leases	2.04M	1.58M	2.02M	1.93M	2.33M
Current Portion of Leases	1.02M	1.32M	1.22M	1.37M	1.48M
Loans & Investments
Long-Term Investments	3.29M	4.07M	3.33M	3.93M	4.39M
Liabilities & Obligations
Total Liabilities	174.01M	162.81M	161.69M	160.74M	147.40M
Total Liabilities & Equity	312.51M	292.00M	281.19M	272.10M	267.47M
Total Current Liabilities	153.49M	150.29M	151.03M	150.07M	134.31M
Accounts Payable	41.00M	41.95M	38.32M	39.95M	41.60M
Accrued Expenses	23.37M	22.36M	19.73M	20.08M	13.90M
Current Income Taxes Payable	192.31K	154.62K	—	—	—
Other Current Liabilities	1.91M	2.28M	4.56M	3.98M	5.01M
Pension & Post-Retirement Benefits	9.97M	8.86M	8.64M	8.74M	8.76M
Other Long-Term Liabilities	—	—	—	—	2.00M
Debt & Funding
Long-Term Debt	8.51M	2.08M	—	—	—
Short-Term Debt	1.55M	1.06M	10.79M	14.49M	3.90M
Total Debt	97.57M	87.21M	90.44M	87.99M	76.13M
Current Portion of Long-Term Debt	84.45M	81.17M	76.41M	70.21M	68.42M
Equity & Book Value
Shareholders' Equity	138.50M	129.20M	119.50M	111.35M	120.07M
Total Common Equity	128.60M	120.28M	109.97M	102.77M	111.43M
Common Stock	31.13M	31.13M	31.13M	31.13M	31.13M
Retained Earnings	101.28M	91.55M	82.64M	74.82M	85.42M
Treasury Stock	-0.00M	—	-0.43M	-0.27M	-2.34M
Comprehensive Income & Other	-3.80M	-2.41M	-3.37M	-2.91M	-2.78M
Minority Interest	9.89M	8.92M	9.53M	8.58M	8.64M
Book Value Per Share	0.41	0.39	0.35	0.33	0.36
Tangible Book Value	92.35M	83.73M	74.53M	67.76M	78.33M
Tangible Book Value Per Share	0.30	0.27	0.24	0.22	0.25
Filing Date Shares Outstanding	311.32M	311.33M	310.17M	310.58M	307.50M
Total Common Shares Outstanding	311.32M	311.33M	310.17M	310.58M	307.50M
Working Capital	18.36M	11.77M	5.90M	-3.22M	10.27M

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
Assets
Cash & Equivalents	20.23M	19.18M	28.07M	20.46M	19.31M
Cash & Short-Term Investments	20.23M	19.18M	28.07M	20.46M	19.31M
Receivables	59.03M	52.89M	56.81M	53.75M	56.22M
Inventory	69.25M	68.88M	57.44M	59.60M	54.81M
Current Assets	171.84M	162.06M	156.93M	146.85M	144.59M
PP&E	96.26M	84.45M	80.75M	81.67M	80.83M
Goodwill	23.18M	23.27M	23.22M	23.21M	23.08M
Intangible Assets	13.08M	13.27M	12.22M	11.80M	10.02M
Total Assets	312.51M	292.00M	281.19M	272.10M	267.47M
Liabilities
Accounts Payable	41.00M	41.95M	38.32M	39.95M	41.60M
Current Liabilities	153.49M	150.29M	151.03M	150.07M	134.31M
Long-Term Debt	8.51M	2.08M	—	—	—
Short-Term Debt	1.55M	1.06M	10.79M	14.49M	3.90M
Total Debt	97.57M	87.21M	90.44M	87.99M	76.13M
Total Liabilities	174.01M	162.81M	161.69M	160.74M	147.40M
Equity & Ownership
Retained Earnings	101.28M	91.55M	82.64M	74.82M	85.42M
Total Equity	138.50M	129.20M	119.50M	111.35M	120.07M
Net Debt	77.34M	68.04M	62.36M	67.53M	56.82M
Shares Outstanding	311,320,530	311,325,000	310,167,235	310,575,000	307,500,000
Cash & Assets
Total Assets	312.51M	292.00M	281.19M	272.10M	267.47M
Total Current Assets	171.84M	162.06M	156.93M	146.85M	144.59M
Cash & Equivalents	20.23M	19.18M	28.07M	20.46M	19.31M
Cash & Short-Term Investments	20.23M	19.18M	28.07M	20.46M	19.31M
Net Cash (Debt)	-77.34M	-68.04M	-62.36M	-67.53M	-56.82M
Net Cash Per Share	-0.25	-0.22	-0.20	-0.22	-0.19
Cash Growth	+5.5%	-31.7%	+37.2%	+5.9%	-1.5%
Accounts Receivable	53.97M	48.83M	53.45M	50.75M	52.86M
Other Receivables	5.06M	4.06M	3.36M	3.00M	3.36M
Receivables	59.03M	52.89M	56.81M	53.75M	56.22M
Inventory	69.25M	68.88M	57.44M	59.60M	54.81M
Prepaid Expenses	—	—	—	—	1.32M
Construction In Progress	26.08M	13.25M	8.60M	9.97M	8.86M
Land	13.48M	13.52M	14.20M	14.19M	12.64M
Buildings	70.41M	69.63M	66.42M	63.91M	61.50M
Machinery	90.41M	88.12M	91.46M	89.80M	86.29M
Property, Plant & Equipment	96.26M	84.45M	80.75M	81.67M	80.83M
Goodwill	23.18M	23.27M	23.22M	23.21M	23.08M
Other Intangible Assets	13.08M	13.27M	12.22M	11.80M	10.02M
Other Current Assets	23.33M	21.11M	14.60M	13.06M	12.92M
Other Long-Term Assets	4.86M	4.88M	4.74M	4.63M	4.57M
Long-Term Accounts Receivable	—	—	—	—	—
Long-Term Leases	2.04M	1.58M	2.02M	1.93M	2.33M
Current Portion of Leases	1.02M	1.32M	1.22M	1.37M	1.48M
Loans & Investments
Long-Term Investments	3.29M	4.07M	3.33M	3.93M	4.39M
Liabilities & Obligations
Total Liabilities	174.01M	162.81M	161.69M	160.74M	147.40M
Total Liabilities & Equity	312.51M	292.00M	281.19M	272.10M	267.47M
Total Current Liabilities	153.49M	150.29M	151.03M	150.07M	134.31M
Accounts Payable	41.00M	41.95M	38.32M	39.95M	41.60M
Accrued Expenses	23.37M	22.36M	19.73M	20.08M	13.90M
Current Income Taxes Payable	192.31K	154.62K	—	—	—
Other Current Liabilities	1.91M	2.28M	4.56M	3.98M	5.01M
Pension & Post-Retirement Benefits	9.97M	8.86M	8.64M	8.74M	8.76M
Other Long-Term Liabilities	—	—	—	—	2.00M
Debt & Funding
Long-Term Debt	8.51M	2.08M	—	—	—
Short-Term Debt	1.55M	1.06M	10.79M	14.49M	3.90M
Total Debt	97.57M	87.21M	90.44M	87.99M	76.13M
Current Portion of Long-Term Debt	84.45M	81.17M	76.41M	70.21M	68.42M
Equity & Book Value
Shareholders' Equity	138.50M	129.20M	119.50M	111.35M	120.07M
Total Common Equity	128.60M	120.28M	109.97M	102.77M	111.43M
Common Stock	31.13M	31.13M	31.13M	31.13M	31.13M
Retained Earnings	101.28M	91.55M	82.64M	74.82M	85.42M
Treasury Stock	-0.00M	—	-0.43M	-0.27M	-2.34M
Comprehensive Income & Other	-3.80M	-2.41M	-3.37M	-2.91M	-2.78M
Minority Interest	9.89M	8.92M	9.53M	8.58M	8.64M
Book Value Per Share	0.41	0.39	0.35	0.33	0.36
Tangible Book Value	92.35M	83.73M	74.53M	67.76M	78.33M
Tangible Book Value Per Share	0.30	0.27	0.24	0.22	0.25
Filing Date Shares Outstanding	311.32M	311.33M	310.17M	310.58M	307.50M
Total Common Shares Outstanding	311.32M	311.33M	310.17M	310.58M	307.50M
Working Capital	18.36M	11.77M	5.90M	-3.22M	10.27M