OULA FUEL MARKETING CO.

Oula Fuel Marketing Company K.S.C.

OULAFUELStocksBoursa KuwaitEnergy

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	41.67M	47.26M	43.44M	43.26M	41.62M
Cost of Revenue	40.65M	45.86M	42.25M	42.42M	40.45M
Gross Profit	1.01M	1.40M	1.19M	0.84M	1.17M
SG&A	0.70M	1.00M	0.95M	0.76M	0.66M
Operating Expenses	0.76M	1.03M	0.96M	0.79M	0.86M
Operating Income	254.00K	369.89K	223.90K	52.15K	307.63K
Interest Income	157.11K	150.91K	599.52K	380.91K	248.36K
Interest Expense	-437.69K	-375.57K	-446.64K	-595.89K	-451.76K
Other Income/Expense	1.79M	1.72M	1.44M	1.31M	1.86M
Pretax Income	2.08M	1.05M	2.05M	1.84M	2.12M
Income Tax	23.00K	6.32K	2.26K	13.63K	71.86K
Net Income	2.06M	1.04M	2.05M	1.83M	2.05M
EBITDA	1.07M	1.30M	0.86M	0.82M	1.07M
EBIT	254.00K	369.89K	223.90K	52.15K	307.63K
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+2.4%	+3.0%	+2.7%	+1.9%	+2.8%
EBITDA Margin %	+2.6%	+2.8%	+2.0%	+1.9%	+2.6%
Net Margin %	+4.9%	+2.2%	+4.7%	+4.2%	+4.9%
Revenue & Income
Revenue	41.67M	47.26M	43.44M	43.26M	41.62M
Revenue Growth (YoY)	+0.1%	+5.5%	+1.0%	+1.1%	-0.2%
Interest & Investment Income	157.11K	150.91K	599.52K	380.91K	248.36K
Earnings From Equity Investments	321.54K	20.91K	1.46K	723.91K	119.32K
Gain (Loss) on Sale of Assets	—	—	233.00K	—	—
Gain (Loss) on Sale of Investments	—	—	—	-0.03M	0.03M
Expenses & Provisions
Cost of Revenue	40.65M	45.86M	42.25M	42.42M	40.45M
Selling, General & Admin	0.70M	1.00M	0.95M	0.76M	0.66M
Operating Expenses	0.76M	1.03M	0.96M	0.79M	0.86M
Other Operating Expenses	56.10K	31.93K	16.25K	24.84K	199.16K
Interest Expense	-437.69K	-375.57K	-446.64K	-595.89K	-451.76K
Other Non Operating Income (Expenses)	1.79M	1.72M	1.44M	1.31M	1.86M
Asset Writedown	—	-0.84M	—	—	—
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	0.81M	0.93M	0.64M	0.76M	0.76M
Profitability & Returns
Gross Profit	1.01M	1.40M	1.19M	0.84M	1.17M
Gross Margin	+2.4%	+3.0%	+2.7%	+1.9%	+2.8%
EBIT	254.00K	369.89K	223.90K	52.15K	307.63K
EBIT Margin	+0.6%	+0.8%	+0.5%	+0.1%	+0.7%
EBITDA	1.07M	1.30M	0.86M	0.82M	1.07M
EBITDA Margin	+2.6%	+2.8%	+2.0%	+1.9%	+2.6%
EBT Excluding Unusual Items	2.08M	1.89M	1.81M	1.87M	2.09M
Pretax Income	2.08M	1.05M	2.05M	1.84M	2.12M
Operating Income	254.00K	369.89K	223.90K	52.15K	307.63K
Operating Margin	+0.6%	+0.8%	+0.5%	+0.1%	+0.7%
Profit Margin	+4.9%	+2.2%	+4.7%	+4.2%	+4.9%
Net Income	2.06M	1.04M	2.05M	1.83M	2.05M
Net Income to Common	2.06M	1.04M	2.05M	1.83M	2.05M
Net Income Growth	+0.7%	-26.1%	+57.7%	+12.6%	+8.4%
Income Tax Expense	23.00K	6.32K	2.26K	13.63K	71.86K
Effective Tax Rate	+1.1%	+0.6%	+0.1%	+0.7%	+3.4%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
EPS Growth	+0.7%	-26.1%	+57.7%	+12.6%	+8.4%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	445.02M	445.02M	445.02M	445.02M	445.02M
Shares Outstanding (Diluted)	445.02M	445.02M	445.02M	445.02M	445.02M
Dividend Growth	—	+77.8%	—	—	—
Free Cash Flow	0.65M	3.38M	0.04M	1.92M	4.06M
Free Cash Flow Margin	+1.6%	+7.1%	+0.1%	+4.4%	+9.7%
Free Cash Flow Per Share	0.00	0.01	0.00	0.00	0.01
Payout Ratio	+0.8%	+2.9%	+93.9%	+3.0%	+1.5%
Supplemental
Other Unusual Items	—	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	41.67M	47.26M	43.44M	43.26M	41.62M
Cost of Revenue	40.65M	45.86M	42.25M	42.42M	40.45M
Gross Profit	1.01M	1.40M	1.19M	0.84M	1.17M
SG&A	0.70M	1.00M	0.95M	0.76M	0.66M
Operating Expenses	0.76M	1.03M	0.96M	0.79M	0.86M
Operating Income	254.00K	369.89K	223.90K	52.15K	307.63K
Interest Income	157.11K	150.91K	599.52K	380.91K	248.36K
Interest Expense	-437.69K	-375.57K	-446.64K	-595.89K	-451.76K
Other Income/Expense	1.79M	1.72M	1.44M	1.31M	1.86M
Pretax Income	2.08M	1.05M	2.05M	1.84M	2.12M
Income Tax	23.00K	6.32K	2.26K	13.63K	71.86K
Net Income	2.06M	1.04M	2.05M	1.83M	2.05M
EBITDA	1.07M	1.30M	0.86M	0.82M	1.07M
EBIT	254.00K	369.89K	223.90K	52.15K	307.63K
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+2.4%	+3.0%	+2.7%	+1.9%	+2.8%
EBITDA Margin %	+2.6%	+2.8%	+2.0%	+1.9%	+2.6%
Net Margin %	+4.9%	+2.2%	+4.7%	+4.2%	+4.9%
Revenue & Income
Revenue	41.67M	47.26M	43.44M	43.26M	41.62M
Revenue Growth (YoY)	+0.1%	+5.5%	+1.0%	+1.1%	-0.2%
Interest & Investment Income	157.11K	150.91K	599.52K	380.91K	248.36K
Earnings From Equity Investments	321.54K	20.91K	1.46K	723.91K	119.32K
Gain (Loss) on Sale of Assets	—	—	233.00K	—	—
Gain (Loss) on Sale of Investments	—	—	—	-0.03M	0.03M
Expenses & Provisions
Cost of Revenue	40.65M	45.86M	42.25M	42.42M	40.45M
Selling, General & Admin	0.70M	1.00M	0.95M	0.76M	0.66M
Operating Expenses	0.76M	1.03M	0.96M	0.79M	0.86M
Other Operating Expenses	56.10K	31.93K	16.25K	24.84K	199.16K
Interest Expense	-437.69K	-375.57K	-446.64K	-595.89K	-451.76K
Other Non Operating Income (Expenses)	1.79M	1.72M	1.44M	1.31M	1.86M
Asset Writedown	—	-0.84M	—	—	—
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	0.81M	0.93M	0.64M	0.76M	0.76M
Profitability & Returns
Gross Profit	1.01M	1.40M	1.19M	0.84M	1.17M
Gross Margin	+2.4%	+3.0%	+2.7%	+1.9%	+2.8%
EBIT	254.00K	369.89K	223.90K	52.15K	307.63K
EBIT Margin	+0.6%	+0.8%	+0.5%	+0.1%	+0.7%
EBITDA	1.07M	1.30M	0.86M	0.82M	1.07M
EBITDA Margin	+2.6%	+2.8%	+2.0%	+1.9%	+2.6%
EBT Excluding Unusual Items	2.08M	1.89M	1.81M	1.87M	2.09M
Pretax Income	2.08M	1.05M	2.05M	1.84M	2.12M
Operating Income	254.00K	369.89K	223.90K	52.15K	307.63K
Operating Margin	+0.6%	+0.8%	+0.5%	+0.1%	+0.7%
Profit Margin	+4.9%	+2.2%	+4.7%	+4.2%	+4.9%
Net Income	2.06M	1.04M	2.05M	1.83M	2.05M
Net Income to Common	2.06M	1.04M	2.05M	1.83M	2.05M
Net Income Growth	+0.7%	-26.1%	+57.7%	+12.6%	+8.4%
Income Tax Expense	23.00K	6.32K	2.26K	13.63K	71.86K
Effective Tax Rate	+1.1%	+0.6%	+0.1%	+0.7%	+3.4%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
EPS Growth	+0.7%	-26.1%	+57.7%	+12.6%	+8.4%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	445.02M	445.02M	445.02M	445.02M	445.02M
Shares Outstanding (Diluted)	445.02M	445.02M	445.02M	445.02M	445.02M
Dividend Growth	—	+77.8%	—	—	—
Free Cash Flow	0.65M	3.38M	0.04M	1.92M	4.06M
Free Cash Flow Margin	+1.6%	+7.1%	+0.1%	+4.4%	+9.7%
Free Cash Flow Per Share	0.00	0.01	0.00	0.00	0.01
Payout Ratio	+0.8%	+2.9%	+93.9%	+3.0%	+1.5%
Supplemental
Other Unusual Items	—	—	—	—	—