METAL & RECYCLING CO.

Metal & Recycling Co. K.S.C.C.

MRCStocksBoursa KuwaitConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	2.38M	1.05M	1.17M	2.57M	4.06M
Cash & Short-Term Investments	4.54M	2.75M	4.24M	4.75M	4.28M
Receivables	7.11M	8.37M	5.60M	3.62M	4.15M
Inventory	577.92K	132.53K	95.48K	80.85K	757.99K
Current Assets	14.42M	13.53M	12.71M	10.86M	10.65M
PP&E	12.47M	11.22M	10.09M	7.55M	5.64M
Goodwill	406.89K	406.89K	406.89K	406.89K	406.89K
Total Assets	35.37M	33.42M	31.45M	27.06M	24.17M
Liabilities
Accounts Payable	1.09M	1.49M	0.98M	0.74M	0.77M
Current Liabilities	12.48M	12.35M	11.03M	7.73M	7.42M
Long-Term Debt	9.53M	7.57M	7.15M	6.10M	3.88M
Short-Term Debt	217.40K	235.30K	257.00K	—	210.78K
Total Debt	13.05M	12.78M	12.32M	9.57M	8.39M
Total Liabilities	24.81M	23.07M	20.98M	16.86M	14.69M
Equity & Ownership
Retained Earnings	-1.75M	-1.70M	-1.64M	-1.89M	-2.31M
Total Equity	10.56M	10.35M	10.47M	10.20M	9.48M
Net Debt	8.51M	10.02M	8.07M	4.82M	4.10M
Shares Outstanding	90,088,526	90,088,526	90,088,526	90,100,775	90,100,775
Cash & Assets
Total Assets	35.37M	33.42M	31.45M	27.06M	24.17M
Total Current Assets	14.42M	13.53M	12.71M	10.86M	10.65M
Cash & Equivalents	2.38M	1.05M	1.17M	2.57M	4.06M
Cash & Short-Term Investments	4.54M	2.75M	4.24M	4.75M	4.28M
Net Cash (Debt)	-8.51M	-10.02M	-8.07M	-4.82M	-4.10M
Net Cash Per Share	-0.05	-0.06	-0.09	-0.03	-0.05
Cash Growth	+64.7%	-35.1%	-10.7%	+10.9%	+17.5%
Accounts Receivable	6.89M	8.17M	5.30M	3.35M	3.25M
Other Receivables	220.48K	198.95K	308.94K	273.62K	902.71K
Receivables	7.11M	8.37M	5.60M	3.62M	4.15M
Inventory	577.92K	132.53K	95.48K	80.85K	757.99K
Prepaid Expenses	277.42K	410.40K	416.82K	403.80K	353.17K
Construction In Progress	—	5.68M	4.57M	2.93M	2.25M
Land	4.82M	1.63M	1.63M	—	—
Buildings	—	—	—	473.27K	100.00K
Machinery	7.21M	4.83M	4.59M	4.03M	2.63M
Leasehold Improvements	2.89M	0.35M	0.35M	0.35M	0.35M
Property, Plant & Equipment	12.47M	11.22M	10.09M	7.55M	5.64M
Goodwill	406.89K	406.89K	406.89K	406.89K	406.89K
Other Current Assets	1.93M	1.86M	2.35M	2.00M	1.10M
Other Long-Term Assets	1.46M	1.43M	1.41M	1.42M	1.42M
Long-Term Leases	1.52M	2.02M	1.68M	1.98M	2.28M
Current Portion of Leases	1.13M	1.29M	1.26M	0.44M	0.96M
Loans & Investments
Short-Term Investments	2.15M	1.71M	3.07M	2.19M	0.22M
Long-Term Investments	6.61M	6.83M	6.83M	6.83M	6.06M
Liabilities & Obligations
Total Liabilities	24.81M	23.07M	20.98M	16.86M	14.69M
Total Liabilities & Equity	35.37M	33.42M	31.45M	27.06M	24.17M
Total Current Liabilities	12.48M	12.35M	11.03M	7.73M	7.42M
Accounts Payable	1.09M	1.49M	0.98M	0.74M	0.77M
Accrued Expenses	7.78M	7.00M	6.28M	5.21M	4.07M
Other Current Liabilities	1.60M	0.67M	0.28M	0.28M	0.35M
Pension & Post-Retirement Benefits	1.29M	1.13M	1.12M	1.06M	1.11M
Debt & Funding
Long-Term Debt	9.53M	7.57M	7.15M	6.10M	3.88M
Short-Term Debt	217.40K	235.30K	257.00K	—	210.78K
Total Debt	13.05M	12.78M	12.32M	9.57M	8.39M
Current Portion of Long-Term Debt	0.65M	1.67M	1.96M	1.06M	1.06M
Equity & Book Value
Shareholders' Equity	10.56M	10.35M	10.47M	10.20M	9.48M
Total Common Equity	7.60M	7.64M	7.70M	7.45M	7.04M
Common Stock	10.00M	10.00M	10.00M	10.00M	10.00M
Retained Earnings	-1.75M	-1.70M	-1.64M	-1.89M	-2.31M
Treasury Stock	-1.06M	-1.06M	-1.06M	-1.06M	-1.06M
Comprehensive Income & Other	402.45K	402.45K	402.45K	402.45K	402.45K
Minority Interest	2.96M	2.71M	2.76M	2.74M	2.44M
Book Value Per Share	0.08	0.08	0.09	0.08	0.08
Tangible Book Value	7.19M	7.24M	7.30M	7.05M	6.63M
Tangible Book Value Per Share	0.08	0.08	0.08	0.08	0.07
Filing Date Shares Outstanding	90.09M	90.09M	90.09M	90.10M	90.10M
Total Common Shares Outstanding	90.09M	90.09M	90.09M	90.10M	90.10M
Working Capital	1.95M	1.18M	1.68M	3.13M	3.23M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	2.38M	1.05M	1.17M	2.57M	4.06M
Cash & Short-Term Investments	4.54M	2.75M	4.24M	4.75M	4.28M
Receivables	7.11M	8.37M	5.60M	3.62M	4.15M
Inventory	577.92K	132.53K	95.48K	80.85K	757.99K
Current Assets	14.42M	13.53M	12.71M	10.86M	10.65M
PP&E	12.47M	11.22M	10.09M	7.55M	5.64M
Goodwill	406.89K	406.89K	406.89K	406.89K	406.89K
Total Assets	35.37M	33.42M	31.45M	27.06M	24.17M
Liabilities
Accounts Payable	1.09M	1.49M	0.98M	0.74M	0.77M
Current Liabilities	12.48M	12.35M	11.03M	7.73M	7.42M
Long-Term Debt	9.53M	7.57M	7.15M	6.10M	3.88M
Short-Term Debt	217.40K	235.30K	257.00K	—	210.78K
Total Debt	13.05M	12.78M	12.32M	9.57M	8.39M
Total Liabilities	24.81M	23.07M	20.98M	16.86M	14.69M
Equity & Ownership
Retained Earnings	-1.75M	-1.70M	-1.64M	-1.89M	-2.31M
Total Equity	10.56M	10.35M	10.47M	10.20M	9.48M
Net Debt	8.51M	10.02M	8.07M	4.82M	4.10M
Shares Outstanding	90,088,526	90,088,526	90,088,526	90,100,775	90,100,775
Cash & Assets
Total Assets	35.37M	33.42M	31.45M	27.06M	24.17M
Total Current Assets	14.42M	13.53M	12.71M	10.86M	10.65M
Cash & Equivalents	2.38M	1.05M	1.17M	2.57M	4.06M
Cash & Short-Term Investments	4.54M	2.75M	4.24M	4.75M	4.28M
Net Cash (Debt)	-8.51M	-10.02M	-8.07M	-4.82M	-4.10M
Net Cash Per Share	-0.05	-0.06	-0.09	-0.03	-0.05
Cash Growth	+64.7%	-35.1%	-10.7%	+10.9%	+17.5%
Accounts Receivable	6.89M	8.17M	5.30M	3.35M	3.25M
Other Receivables	220.48K	198.95K	308.94K	273.62K	902.71K
Receivables	7.11M	8.37M	5.60M	3.62M	4.15M
Inventory	577.92K	132.53K	95.48K	80.85K	757.99K
Prepaid Expenses	277.42K	410.40K	416.82K	403.80K	353.17K
Construction In Progress	—	5.68M	4.57M	2.93M	2.25M
Land	4.82M	1.63M	1.63M	—	—
Buildings	—	—	—	473.27K	100.00K
Machinery	7.21M	4.83M	4.59M	4.03M	2.63M
Leasehold Improvements	2.89M	0.35M	0.35M	0.35M	0.35M
Property, Plant & Equipment	12.47M	11.22M	10.09M	7.55M	5.64M
Goodwill	406.89K	406.89K	406.89K	406.89K	406.89K
Other Current Assets	1.93M	1.86M	2.35M	2.00M	1.10M
Other Long-Term Assets	1.46M	1.43M	1.41M	1.42M	1.42M
Long-Term Leases	1.52M	2.02M	1.68M	1.98M	2.28M
Current Portion of Leases	1.13M	1.29M	1.26M	0.44M	0.96M
Loans & Investments
Short-Term Investments	2.15M	1.71M	3.07M	2.19M	0.22M
Long-Term Investments	6.61M	6.83M	6.83M	6.83M	6.06M
Liabilities & Obligations
Total Liabilities	24.81M	23.07M	20.98M	16.86M	14.69M
Total Liabilities & Equity	35.37M	33.42M	31.45M	27.06M	24.17M
Total Current Liabilities	12.48M	12.35M	11.03M	7.73M	7.42M
Accounts Payable	1.09M	1.49M	0.98M	0.74M	0.77M
Accrued Expenses	7.78M	7.00M	6.28M	5.21M	4.07M
Other Current Liabilities	1.60M	0.67M	0.28M	0.28M	0.35M
Pension & Post-Retirement Benefits	1.29M	1.13M	1.12M	1.06M	1.11M
Debt & Funding
Long-Term Debt	9.53M	7.57M	7.15M	6.10M	3.88M
Short-Term Debt	217.40K	235.30K	257.00K	—	210.78K
Total Debt	13.05M	12.78M	12.32M	9.57M	8.39M
Current Portion of Long-Term Debt	0.65M	1.67M	1.96M	1.06M	1.06M
Equity & Book Value
Shareholders' Equity	10.56M	10.35M	10.47M	10.20M	9.48M
Total Common Equity	7.60M	7.64M	7.70M	7.45M	7.04M
Common Stock	10.00M	10.00M	10.00M	10.00M	10.00M
Retained Earnings	-1.75M	-1.70M	-1.64M	-1.89M	-2.31M
Treasury Stock	-1.06M	-1.06M	-1.06M	-1.06M	-1.06M
Comprehensive Income & Other	402.45K	402.45K	402.45K	402.45K	402.45K
Minority Interest	2.96M	2.71M	2.76M	2.74M	2.44M
Book Value Per Share	0.08	0.08	0.09	0.08	0.08
Tangible Book Value	7.19M	7.24M	7.30M	7.05M	6.63M
Tangible Book Value Per Share	0.08	0.08	0.08	0.08	0.07
Filing Date Shares Outstanding	90.09M	90.09M	90.09M	90.10M	90.10M
Total Common Shares Outstanding	90.09M	90.09M	90.09M	90.10M	90.10M
Working Capital	1.95M	1.18M	1.68M	3.13M	3.23M