AL-MAIDAN CLINIC FOR ORAL HEALTH SERVICES CO.

Al-Maidan Clinic for Oral Health Services Co. (K.S.C.C)

MIDANStocksBoursa KuwaitHealthcare

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Mar 31, 2025	2024Mar 31, 2024	2023Mar 31, 2023	2022Mar 31, 2022	2021Mar 31, 2021
Operating Summary
Revenue	72.00M	75.75M	72.60M	70.82M	60.94M
Cost of Revenue	53.16M	53.64M	47.69M	47.01M	40.17M
Gross Profit	18.84M	22.12M	24.91M	23.81M	20.77M
SG&A	8.83M	9.09M	8.47M	8.88M	9.96M
Operating Expenses	12.72M	12.32M	12.02M	10.61M	13.92M
Operating Income	6.12M	9.80M	12.89M	13.20M	6.86M
Interest Income	2.03M	2.16M	0.18M	0.09M	0.04M
Interest Expense	-107.42K	-172.78K	-99.01K	-100.30K	-119.02K
Other Income/Expense	1.89M	0.72M	1.39M	0.93M	0.67M
Pretax Income	9.41M	11.97M	12.34M	10.41M	7.93M
Income Tax	144.15K	157.25K	178.80K	151.48K	131.08K
Net Income	9.27M	11.82M	12.18M	10.28M	7.81M
EBITDA	8.39M	11.82M	14.63M	14.84M	10.11M
EBIT	6.12M	9.80M	12.89M	13.20M	6.86M
EPS (Basic)	0.05	0.06	0.05	0.05	0.03
EPS (Diluted)	0.05	0.06	0.05	0.05	0.03
DPS	0.02	0.01	0.01	—	0.01
Margins & Efficiency
Gross Margin %	+26.2%	+29.2%	+34.3%	+33.6%	+34.1%
EBITDA Margin %	+11.6%	+15.6%	+20.2%	+21.0%	+16.6%
Net Margin %	+12.9%	+15.6%	+16.8%	+14.5%	+12.8%
Revenue & Income
Revenue	72.00M	75.75M	72.60M	70.82M	60.94M
Revenue Growth (YoY)	-5.0%	+4.3%	+2.5%	+16.2%	+10.3%
Interest & Investment Income	2.03M	2.16M	0.18M	0.09M	0.04M
Earnings From Equity Investments	-0.28M	-0.36M	-1.07M	-0.05M	—
Gain (Loss) on Sale of Assets	-14.53K	—	—	—	—
Gain (Loss) on Sale of Investments	1.27M	0.15M	-0.67M	-1.37M	0.44M
Expenses & Provisions
Cost of Revenue	53.16M	53.64M	47.69M	47.01M	40.17M
Selling, General & Admin	8.83M	9.09M	8.47M	8.88M	9.96M
Operating Expenses	12.72M	12.32M	12.02M	10.61M	13.92M
Other Operating Expenses	356.19K	390.54K	437.47K	378.95K	327.95K
Interest Expense	-107.42K	-172.78K	-99.01K	-100.30K	-119.02K
Other Non Operating Income (Expenses)	1.89M	0.72M	1.39M	0.93M	0.67M
Asset Writedown	—	—	0.02M	-2.16M	—
D&A For EBITDA	2.26M	2.02M	1.74M	1.64M	3.26M
Profitability & Returns
Gross Profit	18.84M	22.12M	24.91M	23.81M	20.77M
Gross Margin	+26.2%	+29.2%	+34.3%	+33.6%	+34.1%
EBIT	6.12M	9.80M	12.89M	13.20M	6.86M
EBIT Margin	+8.5%	+12.9%	+17.8%	+18.6%	+11.2%
EBITDA	8.39M	11.82M	14.63M	14.84M	10.11M
EBITDA Margin	+11.6%	+15.6%	+20.2%	+21.0%	+16.6%
EBT Excluding Unusual Items	9.65M	12.15M	13.29M	14.07M	7.44M
Pretax Income	9.41M	11.97M	12.34M	10.41M	7.93M
Operating Income	6.12M	9.80M	12.89M	13.20M	6.86M
Operating Margin	+8.5%	+12.9%	+17.8%	+18.6%	+11.2%
Profit Margin	+12.9%	+15.6%	+16.8%	+14.5%	+12.8%
Net Income	9.27M	11.82M	12.18M	10.28M	7.81M
Net Income to Common	9.27M	11.82M	12.18M	10.28M	7.81M
Net Income Growth	-21.6%	-3.0%	+18.5%	+31.7%	+21.6%
Earnings From Continuing Ops.	9.27M	11.81M	12.16M	10.25M	7.80M
Minority Interest in Earnings	-2.16K	5.14K	22.57K	25.52K	1.93K
Income Tax Expense	144.15K	157.25K	178.80K	151.48K	131.08K
Effective Tax Rate	+1.5%	+1.3%	+1.4%	+1.5%	+1.7%
Per Share & Capital
EPS (Basic)	0.05	0.06	0.05	0.05	0.03
EPS (Diluted)	0.05	0.06	0.05	0.05	0.03
EPS Growth	-20.1%	+5.2%	+19.1%	+31.7%	+21.6%
Dividend Per Share	0.02	0.01	0.01	—	0.01
Shares Change (YoY)	-0.02	-0.08	-0.01	—	—
Shares Outstanding (Basic)	202.50M	206.38M	223.86M	224.99M	224.99M
Shares Outstanding (Diluted)	202.50M	206.38M	223.86M	224.99M	224.99M
Dividend Growth	+50.0%	+78.6%	—	—	+42.3%
Free Cash Flow	8.98M	12.57M	13.62M	19.94M	6.90M
Free Cash Flow Margin	+12.5%	+16.6%	+18.8%	+28.2%	+11.3%
Free Cash Flow Per Share	0.04	0.06	0.06	0.09	0.03
Payout Ratio	+21.8%	+9.5%	0.0%	+24.2%	+22.4%
Supplemental
Other Unusual Items	-1.49M	-0.34M	-0.31M	-0.13M	0.05M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Mar 31, 2025	2024Mar 31, 2024	2023Mar 31, 2023	2022Mar 31, 2022	2021Mar 31, 2021
Operating Summary
Revenue	72.00M	75.75M	72.60M	70.82M	60.94M
Cost of Revenue	53.16M	53.64M	47.69M	47.01M	40.17M
Gross Profit	18.84M	22.12M	24.91M	23.81M	20.77M
SG&A	8.83M	9.09M	8.47M	8.88M	9.96M
Operating Expenses	12.72M	12.32M	12.02M	10.61M	13.92M
Operating Income	6.12M	9.80M	12.89M	13.20M	6.86M
Interest Income	2.03M	2.16M	0.18M	0.09M	0.04M
Interest Expense	-107.42K	-172.78K	-99.01K	-100.30K	-119.02K
Other Income/Expense	1.89M	0.72M	1.39M	0.93M	0.67M
Pretax Income	9.41M	11.97M	12.34M	10.41M	7.93M
Income Tax	144.15K	157.25K	178.80K	151.48K	131.08K
Net Income	9.27M	11.82M	12.18M	10.28M	7.81M
EBITDA	8.39M	11.82M	14.63M	14.84M	10.11M
EBIT	6.12M	9.80M	12.89M	13.20M	6.86M
EPS (Basic)	0.05	0.06	0.05	0.05	0.03
EPS (Diluted)	0.05	0.06	0.05	0.05	0.03
DPS	0.02	0.01	0.01	—	0.01
Margins & Efficiency
Gross Margin %	+26.2%	+29.2%	+34.3%	+33.6%	+34.1%
EBITDA Margin %	+11.6%	+15.6%	+20.2%	+21.0%	+16.6%
Net Margin %	+12.9%	+15.6%	+16.8%	+14.5%	+12.8%
Revenue & Income
Revenue	72.00M	75.75M	72.60M	70.82M	60.94M
Revenue Growth (YoY)	-5.0%	+4.3%	+2.5%	+16.2%	+10.3%
Interest & Investment Income	2.03M	2.16M	0.18M	0.09M	0.04M
Earnings From Equity Investments	-0.28M	-0.36M	-1.07M	-0.05M	—
Gain (Loss) on Sale of Assets	-14.53K	—	—	—	—
Gain (Loss) on Sale of Investments	1.27M	0.15M	-0.67M	-1.37M	0.44M
Expenses & Provisions
Cost of Revenue	53.16M	53.64M	47.69M	47.01M	40.17M
Selling, General & Admin	8.83M	9.09M	8.47M	8.88M	9.96M
Operating Expenses	12.72M	12.32M	12.02M	10.61M	13.92M
Other Operating Expenses	356.19K	390.54K	437.47K	378.95K	327.95K
Interest Expense	-107.42K	-172.78K	-99.01K	-100.30K	-119.02K
Other Non Operating Income (Expenses)	1.89M	0.72M	1.39M	0.93M	0.67M
Asset Writedown	—	—	0.02M	-2.16M	—
D&A For EBITDA	2.26M	2.02M	1.74M	1.64M	3.26M
Profitability & Returns
Gross Profit	18.84M	22.12M	24.91M	23.81M	20.77M
Gross Margin	+26.2%	+29.2%	+34.3%	+33.6%	+34.1%
EBIT	6.12M	9.80M	12.89M	13.20M	6.86M
EBIT Margin	+8.5%	+12.9%	+17.8%	+18.6%	+11.2%
EBITDA	8.39M	11.82M	14.63M	14.84M	10.11M
EBITDA Margin	+11.6%	+15.6%	+20.2%	+21.0%	+16.6%
EBT Excluding Unusual Items	9.65M	12.15M	13.29M	14.07M	7.44M
Pretax Income	9.41M	11.97M	12.34M	10.41M	7.93M
Operating Income	6.12M	9.80M	12.89M	13.20M	6.86M
Operating Margin	+8.5%	+12.9%	+17.8%	+18.6%	+11.2%
Profit Margin	+12.9%	+15.6%	+16.8%	+14.5%	+12.8%
Net Income	9.27M	11.82M	12.18M	10.28M	7.81M
Net Income to Common	9.27M	11.82M	12.18M	10.28M	7.81M
Net Income Growth	-21.6%	-3.0%	+18.5%	+31.7%	+21.6%
Earnings From Continuing Ops.	9.27M	11.81M	12.16M	10.25M	7.80M
Minority Interest in Earnings	-2.16K	5.14K	22.57K	25.52K	1.93K
Income Tax Expense	144.15K	157.25K	178.80K	151.48K	131.08K
Effective Tax Rate	+1.5%	+1.3%	+1.4%	+1.5%	+1.7%
Per Share & Capital
EPS (Basic)	0.05	0.06	0.05	0.05	0.03
EPS (Diluted)	0.05	0.06	0.05	0.05	0.03
EPS Growth	-20.1%	+5.2%	+19.1%	+31.7%	+21.6%
Dividend Per Share	0.02	0.01	0.01	—	0.01
Shares Change (YoY)	-0.02	-0.08	-0.01	—	—
Shares Outstanding (Basic)	202.50M	206.38M	223.86M	224.99M	224.99M
Shares Outstanding (Diluted)	202.50M	206.38M	223.86M	224.99M	224.99M
Dividend Growth	+50.0%	+78.6%	—	—	+42.3%
Free Cash Flow	8.98M	12.57M	13.62M	19.94M	6.90M
Free Cash Flow Margin	+12.5%	+16.6%	+18.8%	+28.2%	+11.3%
Free Cash Flow Per Share	0.04	0.06	0.06	0.09	0.03
Payout Ratio	+21.8%	+9.5%	0.0%	+24.2%	+22.4%
Supplemental
Other Unusual Items	-1.49M	-0.34M	-0.31M	-0.13M	0.05M