National Investments Company

National Investments Co. KSC Closed

NINVStocksBoursa KuwaitDiversified Financials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	1.10M	-0.42M	0.88M	-9.14M	2.02M
Free Cash Flow	0.63M	-0.46M	0.88M	-9.14M	1.84M
Capital Expenditures	-469.00K	-38.00K	—	-4.00K	-175.00K
Investing & Financing
Investing Cash Flow	0.32M	-1.81M	3.43M	0.13M	3.72M
Financing Cash Flow	-0.95M	1.31M	-2.54M	8.72M	-1.36M
Dividends Paid	-0.01M	-0.74M	-16.63M	-0.01M	—
Share Repurchase	-0.16M	—	—	—	—
Operating Activities
Operating Cash Flow	1.10M	-0.42M	0.88M	-9.14M	2.02M
Net Income	3.32M	6.94M	7.82M	5.96M	1.91M
Change in Accounts Payable	3.02M	-0.33M	-1.76M	-0.13M	2.64M
Change in Other Net Operating Assets	-0.87M	-0.67M	-0.97M	-2.34M	0.20M
Change in Working Capital	0.62M	-3.66M	-3.03M	-10.50M	2.93M
Other Operating Activities	1.75M	2.10M	0.52M	1.64M	2.98M
Provision & Write-off of Bad Debts	6.00K	—	—	—	-8.00K
Depreciation & Amortization	83.00K	47.00K	45.00K	136.00K	43.00K
Other Amortization	66.00K	—	—	—	64.00K
Cash Interest Paid	735.00K	957.00K	759.00K	682.00K	717.00K
Cash Income Tax Paid	—	0.00M	0.78M	—	—
Loss (Gain) on Equity Investments	-0.11M	-1.23M	-0.03M	-0.37M	-0.17M
Asset Writedown & Restructuring Costs	0.71M	-0.00M	0.00M	—	-0.98M
Investing Activities
Investing Cash Flow	0.32M	-1.81M	3.43M	0.13M	3.72M
Capital Expenditures	-469.00K	-38.00K	—	-4.00K	-175.00K
Cash Acquisitions	—	—	-0.06M	—	—
Investment in Securities	-0.47M	-3.66M	2.75M	0.13M	2.63M
Other Investing Activities	1.30M	0.09M	0.55M	—	1.20M
Sale (Purchase) of Real Estate	—	1.79M	—	—	-0.04M
Loss (Gain) From Sale of Assets	—	-232.00K	—	—	—
Loss (Gain) on Sale of Investments	-5.34M	-4.39M	-4.45M	-6.00M	-4.75M
Financing Activities
Financing Cash Flow	-0.95M	1.31M	-2.54M	8.72M	-1.36M
Common Dividends Paid	-0.01M	-0.74M	-16.63M	-0.01M	—
Issuance of Common Stock	—	—	—	—	—
Repurchase of Common Stock	-0.16M	—	—	—	—
Long-Term Debt Issued	—	—	—	12.00M	—
Total Debt Issued	—	3.00M	15.00M	12.00M	—
Long-Term Debt Repaid	—	—	—	-2.51M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	0.02M	0.03M	-0.04M	-2.51M	-0.18M
Net Debt Issued (Repaid)	0.02M	3.03M	14.96M	9.49M	-0.18M
Other Financing Activities	-0.80M	-0.97M	-0.87M	-0.76M	-1.18M
Free Cash Flow & Returns
Free Cash Flow	0.63M	-0.46M	0.88M	-9.14M	1.84M
Free Cash Flow Growth	-66.1%	—	-88.1%	—	—
Free Cash Flow Margin	+5.5%	-3.9%	+7.0%	-86.0%	+21.2%
Free Cash Flow Per Share	0.00	-0.00	0.00	-0.01	0.00
Levered Free Cash Flow	1.53M	-5.46M	3.44M	9.58M	7.57M
Unlevered Free Cash Flow	2.15M	-4.83M	3.96M	10.04M	8.01M
Operating Cash Flow Growth	-45.8%	—	-88.4%	—	—
Net Cash Flow	0.47M	-0.91M	1.76M	-0.28M	4.38M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	1.10M	-0.42M	0.88M	-9.14M	2.02M
Free Cash Flow	0.63M	-0.46M	0.88M	-9.14M	1.84M
Capital Expenditures	-469.00K	-38.00K	—	-4.00K	-175.00K
Investing & Financing
Investing Cash Flow	0.32M	-1.81M	3.43M	0.13M	3.72M
Financing Cash Flow	-0.95M	1.31M	-2.54M	8.72M	-1.36M
Dividends Paid	-0.01M	-0.74M	-16.63M	-0.01M	—
Share Repurchase	-0.16M	—	—	—	—
Operating Activities
Operating Cash Flow	1.10M	-0.42M	0.88M	-9.14M	2.02M
Net Income	3.32M	6.94M	7.82M	5.96M	1.91M
Change in Accounts Payable	3.02M	-0.33M	-1.76M	-0.13M	2.64M
Change in Other Net Operating Assets	-0.87M	-0.67M	-0.97M	-2.34M	0.20M
Change in Working Capital	0.62M	-3.66M	-3.03M	-10.50M	2.93M
Other Operating Activities	1.75M	2.10M	0.52M	1.64M	2.98M
Provision & Write-off of Bad Debts	6.00K	—	—	—	-8.00K
Depreciation & Amortization	83.00K	47.00K	45.00K	136.00K	43.00K
Other Amortization	66.00K	—	—	—	64.00K
Cash Interest Paid	735.00K	957.00K	759.00K	682.00K	717.00K
Cash Income Tax Paid	—	0.00M	0.78M	—	—
Loss (Gain) on Equity Investments	-0.11M	-1.23M	-0.03M	-0.37M	-0.17M
Asset Writedown & Restructuring Costs	0.71M	-0.00M	0.00M	—	-0.98M
Investing Activities
Investing Cash Flow	0.32M	-1.81M	3.43M	0.13M	3.72M
Capital Expenditures	-469.00K	-38.00K	—	-4.00K	-175.00K
Cash Acquisitions	—	—	-0.06M	—	—
Investment in Securities	-0.47M	-3.66M	2.75M	0.13M	2.63M
Other Investing Activities	1.30M	0.09M	0.55M	—	1.20M
Sale (Purchase) of Real Estate	—	1.79M	—	—	-0.04M
Loss (Gain) From Sale of Assets	—	-232.00K	—	—	—
Loss (Gain) on Sale of Investments	-5.34M	-4.39M	-4.45M	-6.00M	-4.75M
Financing Activities
Financing Cash Flow	-0.95M	1.31M	-2.54M	8.72M	-1.36M
Common Dividends Paid	-0.01M	-0.74M	-16.63M	-0.01M	—
Issuance of Common Stock	—	—	—	—	—
Repurchase of Common Stock	-0.16M	—	—	—	—
Long-Term Debt Issued	—	—	—	12.00M	—
Total Debt Issued	—	3.00M	15.00M	12.00M	—
Long-Term Debt Repaid	—	—	—	-2.51M	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	0.02M	0.03M	-0.04M	-2.51M	-0.18M
Net Debt Issued (Repaid)	0.02M	3.03M	14.96M	9.49M	-0.18M
Other Financing Activities	-0.80M	-0.97M	-0.87M	-0.76M	-1.18M
Free Cash Flow & Returns
Free Cash Flow	0.63M	-0.46M	0.88M	-9.14M	1.84M
Free Cash Flow Growth	-66.1%	—	-88.1%	—	—
Free Cash Flow Margin	+5.5%	-3.9%	+7.0%	-86.0%	+21.2%
Free Cash Flow Per Share	0.00	-0.00	0.00	-0.01	0.00
Levered Free Cash Flow	1.53M	-5.46M	3.44M	9.58M	7.57M
Unlevered Free Cash Flow	2.15M	-4.83M	3.96M	10.04M	8.01M
Operating Cash Flow Growth	-45.8%	—	-88.4%	—	—
Net Cash Flow	0.47M	-0.91M	1.76M	-0.28M	4.38M