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)

1-5

	2026Mar 31, 2026	2025Mar 31, 2025	2024Mar 31, 2024	2023Mar 31, 2023	2022Mar 31, 2022
Operating Summary
Revenue	63.17M	72.00M	75.75M	72.60M	70.82M
Cost of Revenue	48.13M	53.16M	53.64M	47.69M	47.01M
Gross Profit	15.04M	18.84M	22.12M	24.91M	23.81M
SG&A	5.55M	8.83M	9.09M	8.47M	8.88M
Operating Expenses	8.29M	12.72M	12.32M	12.02M	10.61M
Operating Income	6.75M	6.12M	9.80M	12.89M	13.20M
Interest Income	2.16M	2.03M	2.16M	0.18M	0.09M
Interest Expense	-235.08K	-107.42K	-172.78K	-99.01K	-100.30K
Other Income/Expense	0.72M	1.92M	0.72M	1.39M	0.93M
Pretax Income	9.65M	9.41M	11.97M	12.34M	10.41M
Income Tax	126.77K	144.15K	157.25K	178.80K	151.48K
Net Income	9.52M	9.27M	11.82M	12.18M	10.28M
EBITDA	9.12M	8.39M	11.82M	14.63M	14.84M
EBIT	6.75M	6.12M	9.80M	12.89M	13.20M
EPS (Basic)	0.05	0.05	0.06	0.05	0.05
EPS (Diluted)	0.05	0.05	0.06	0.05	0.05
DPS	0.02	0.02	0.01	0.01	—
Margins & Efficiency
Gross Margin %	+23.8%	+26.2%	+29.2%	+34.3%	+33.6%
EBITDA Margin %	+14.4%	+11.6%	+15.6%	+20.2%	+21.0%
Net Margin %	+15.1%	+12.9%	+15.6%	+16.8%	+14.5%
Revenue & Income
Revenue	63.17M	72.00M	75.75M	72.60M	70.82M
Revenue Growth (YoY)	-12.3%	-5.0%	+4.3%	+2.5%	+16.2%
Interest & Investment Income	2.16M	2.03M	2.16M	0.18M	0.09M
Earnings From Equity Investments	0.72M	-0.28M	-0.36M	-1.07M	-0.05M
Gain (Loss) on Sale of Assets	121.17K	-14.53K	—	—	—
Gain (Loss) on Sale of Investments	-0.34M	1.27M	0.15M	-0.67M	-1.37M
Expenses & Provisions
Cost of Revenue	48.13M	53.16M	53.64M	47.69M	47.01M
Selling, General & Admin	5.55M	8.83M	9.09M	8.47M	8.88M
Operating Expenses	8.29M	12.72M	12.32M	12.02M	10.61M
Other Operating Expenses	330.59K	356.19K	390.54K	437.47K	378.95K
Interest Expense	-235.08K	-107.42K	-172.78K	-99.01K	-100.30K
Other Non Operating Income (Expenses)	0.72M	1.92M	0.72M	1.39M	0.93M
Asset Writedown	0.01M	-0.03M	—	0.02M	-2.16M
D&A For EBITDA	2.36M	2.26M	2.02M	1.74M	1.64M
Profitability & Returns
Gross Profit	15.04M	18.84M	22.12M	24.91M	23.81M
Gross Margin	+23.8%	+26.2%	+29.2%	+34.3%	+33.6%
EBIT	6.75M	6.12M	9.80M	12.89M	13.20M
EBIT Margin	+10.7%	+8.5%	+12.9%	+17.8%	+18.6%
EBITDA	9.12M	8.39M	11.82M	14.63M	14.84M
EBITDA Margin	+14.4%	+11.6%	+15.6%	+20.2%	+21.0%
EBT Excluding Unusual Items	10.12M	9.68M	12.15M	13.29M	14.07M
Pretax Income	9.65M	9.41M	11.97M	12.34M	10.41M
Operating Income	6.75M	6.12M	9.80M	12.89M	13.20M
Operating Margin	+10.7%	+8.5%	+12.9%	+17.8%	+18.6%
Profit Margin	+15.1%	+12.9%	+15.6%	+16.8%	+14.5%
Net Income	9.52M	9.27M	11.82M	12.18M	10.28M
Net Income to Common	9.52M	9.27M	11.82M	12.18M	10.28M
Net Income Growth	+2.7%	-21.6%	-3.0%	+18.5%	+31.7%
Earnings From Continuing Ops.	9.53M	9.27M	11.81M	12.16M	10.25M
Minority Interest in Earnings	-11.02K	-2.16K	5.14K	22.57K	25.52K
Income Tax Expense	126.77K	144.15K	157.25K	178.80K	151.48K
Effective Tax Rate	+1.3%	+1.5%	+1.3%	+1.4%	+1.5%
Per Share & Capital
EPS (Basic)	0.05	0.05	0.06	0.05	0.05
EPS (Diluted)	0.05	0.05	0.06	0.05	0.05
EPS Growth	+2.7%	-20.1%	+5.2%	+19.1%	+31.7%
Dividend Per Share	0.02	0.02	0.01	0.01	—
Shares Change (YoY)	—	-0.02	-0.08	-0.01	—
Shares Outstanding (Basic)	202.50M	202.50M	206.38M	223.86M	224.99M
Shares Outstanding (Diluted)	202.50M	202.50M	206.38M	223.86M	224.99M
Dividend Growth	+33.3%	+50.0%	+78.6%	—	—
Free Cash Flow	5.70M	7.01M	12.57M	13.62M	19.94M
Free Cash Flow Margin	+9.0%	+9.7%	+16.6%	+18.8%	+28.2%
Free Cash Flow Per Share	0.03	0.04	0.06	0.06	0.09
Payout Ratio	+31.9%	+21.8%	+9.5%	0.0%	+24.2%
Supplemental
Other Unusual Items	-0.25M	-1.49M	-0.34M	-0.31M	-0.13M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2026Mar 31, 2026	2025Mar 31, 2025	2024Mar 31, 2024	2023Mar 31, 2023	2022Mar 31, 2022
Operating Summary
Revenue	63.17M	72.00M	75.75M	72.60M	70.82M
Cost of Revenue	48.13M	53.16M	53.64M	47.69M	47.01M
Gross Profit	15.04M	18.84M	22.12M	24.91M	23.81M
SG&A	5.55M	8.83M	9.09M	8.47M	8.88M
Operating Expenses	8.29M	12.72M	12.32M	12.02M	10.61M
Operating Income	6.75M	6.12M	9.80M	12.89M	13.20M
Interest Income	2.16M	2.03M	2.16M	0.18M	0.09M
Interest Expense	-235.08K	-107.42K	-172.78K	-99.01K	-100.30K
Other Income/Expense	0.72M	1.92M	0.72M	1.39M	0.93M
Pretax Income	9.65M	9.41M	11.97M	12.34M	10.41M
Income Tax	126.77K	144.15K	157.25K	178.80K	151.48K
Net Income	9.52M	9.27M	11.82M	12.18M	10.28M
EBITDA	9.12M	8.39M	11.82M	14.63M	14.84M
EBIT	6.75M	6.12M	9.80M	12.89M	13.20M
EPS (Basic)	0.05	0.05	0.06	0.05	0.05
EPS (Diluted)	0.05	0.05	0.06	0.05	0.05
DPS	0.02	0.02	0.01	0.01	—
Margins & Efficiency
Gross Margin %	+23.8%	+26.2%	+29.2%	+34.3%	+33.6%
EBITDA Margin %	+14.4%	+11.6%	+15.6%	+20.2%	+21.0%
Net Margin %	+15.1%	+12.9%	+15.6%	+16.8%	+14.5%
Revenue & Income
Revenue	63.17M	72.00M	75.75M	72.60M	70.82M
Revenue Growth (YoY)	-12.3%	-5.0%	+4.3%	+2.5%	+16.2%
Interest & Investment Income	2.16M	2.03M	2.16M	0.18M	0.09M
Earnings From Equity Investments	0.72M	-0.28M	-0.36M	-1.07M	-0.05M
Gain (Loss) on Sale of Assets	121.17K	-14.53K	—	—	—
Gain (Loss) on Sale of Investments	-0.34M	1.27M	0.15M	-0.67M	-1.37M
Expenses & Provisions
Cost of Revenue	48.13M	53.16M	53.64M	47.69M	47.01M
Selling, General & Admin	5.55M	8.83M	9.09M	8.47M	8.88M
Operating Expenses	8.29M	12.72M	12.32M	12.02M	10.61M
Other Operating Expenses	330.59K	356.19K	390.54K	437.47K	378.95K
Interest Expense	-235.08K	-107.42K	-172.78K	-99.01K	-100.30K
Other Non Operating Income (Expenses)	0.72M	1.92M	0.72M	1.39M	0.93M
Asset Writedown	0.01M	-0.03M	—	0.02M	-2.16M
D&A For EBITDA	2.36M	2.26M	2.02M	1.74M	1.64M
Profitability & Returns
Gross Profit	15.04M	18.84M	22.12M	24.91M	23.81M
Gross Margin	+23.8%	+26.2%	+29.2%	+34.3%	+33.6%
EBIT	6.75M	6.12M	9.80M	12.89M	13.20M
EBIT Margin	+10.7%	+8.5%	+12.9%	+17.8%	+18.6%
EBITDA	9.12M	8.39M	11.82M	14.63M	14.84M
EBITDA Margin	+14.4%	+11.6%	+15.6%	+20.2%	+21.0%
EBT Excluding Unusual Items	10.12M	9.68M	12.15M	13.29M	14.07M
Pretax Income	9.65M	9.41M	11.97M	12.34M	10.41M
Operating Income	6.75M	6.12M	9.80M	12.89M	13.20M
Operating Margin	+10.7%	+8.5%	+12.9%	+17.8%	+18.6%
Profit Margin	+15.1%	+12.9%	+15.6%	+16.8%	+14.5%
Net Income	9.52M	9.27M	11.82M	12.18M	10.28M
Net Income to Common	9.52M	9.27M	11.82M	12.18M	10.28M
Net Income Growth	+2.7%	-21.6%	-3.0%	+18.5%	+31.7%
Earnings From Continuing Ops.	9.53M	9.27M	11.81M	12.16M	10.25M
Minority Interest in Earnings	-11.02K	-2.16K	5.14K	22.57K	25.52K
Income Tax Expense	126.77K	144.15K	157.25K	178.80K	151.48K
Effective Tax Rate	+1.3%	+1.5%	+1.3%	+1.4%	+1.5%
Per Share & Capital
EPS (Basic)	0.05	0.05	0.06	0.05	0.05
EPS (Diluted)	0.05	0.05	0.06	0.05	0.05
EPS Growth	+2.7%	-20.1%	+5.2%	+19.1%	+31.7%
Dividend Per Share	0.02	0.02	0.01	0.01	—
Shares Change (YoY)	—	-0.02	-0.08	-0.01	—
Shares Outstanding (Basic)	202.50M	202.50M	206.38M	223.86M	224.99M
Shares Outstanding (Diluted)	202.50M	202.50M	206.38M	223.86M	224.99M
Dividend Growth	+33.3%	+50.0%	+78.6%	—	—
Free Cash Flow	5.70M	7.01M	12.57M	13.62M	19.94M
Free Cash Flow Margin	+9.0%	+9.7%	+16.6%	+18.8%	+28.2%
Free Cash Flow Per Share	0.03	0.04	0.06	0.06	0.09
Payout Ratio	+31.9%	+21.8%	+9.5%	0.0%	+24.2%
Supplemental
Other Unusual Items	-0.25M	-1.49M	-0.34M	-0.31M	-0.13M