Rasiyat Holding Company

RASIYATStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	10.62M	7.30M	4.52M	3.36M	3.21M
Interest Expense	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Pretax Income	2.84M	0.88M	0.63M	0.39M	0.46M
Income Tax	50.56K	26.57K	9.23K	5.20K	4.33K
Net Income	2.45M	0.97M	0.61M	0.21M	0.36M
Property Expenses	3.66M	3.34M	2.30M	2.09M	1.79M
Operating Income	3.04M	1.43M	0.81M	0.13M	0.60M
EPS (Basic)	0.02	0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	0.01	0.00	0.00	0.00
Margins & Efficiency
Net Margin %	+23.1%	+13.2%	+13.4%	+6.2%	+11.3%
Revenue & Income
Revenue as Reported	11.24M	7.38M	4.55M	3.77M	3.20M
Revenue Growth (YoY)	+45.5%	+61.7%	+34.5%	+4.4%	+44.1%
Revenue RE	10.62M	7.30M	4.52M	3.36M	3.21M
Other Revenue RE	10.32M	6.79M	4.30M	3.30M	3.21M
Gain Assets RE	—	—	-41.68K	—	0.18K
Gain Investments RE	-48.84K	-38.23K	-12.22K	—	—
Gain Investments Rev Real Estate	300.57K	510.79K	204.19K	49.71K	0.27K
Currency Exchange Gain (Loss)	-57.04K	37.04K	-13.52K	13.98K	-0.26K
Expenses & Provisions
SG&A RE	2.09M	1.12M	0.55M	0.36M	0.33M
Total Operating Expenses RE	7.58M	5.87M	3.71M	3.23M	2.62M
Interest Expense RE	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Other Non Oper Exp Suppl RE	-49.29K	-33.03K	—	—	30.73K
Property Expenses	3.66M	3.34M	2.30M	2.09M	1.79M
Asset Writedown	619.82K	42.78K	16.05K	392.42K	-76.65K
D&A For EBITDA	1.36M	1.06M	0.58M	0.51M	0.45M
Dep Amor RE	1.73M	1.38M	0.79M	0.72M	0.44M
Profitability & Returns
EBIT	3.04M	1.43M	0.81M	0.13M	0.60M
EBIT Margin	+28.6%	+19.5%	+17.9%	+3.8%	+18.5%
EBITDA	4.40M	2.49M	1.39M	0.64M	1.05M
EBITDA Margin	+41.4%	+34.0%	+30.8%	+19.1%	+32.6%
EBT Excl RE	2.27M	0.88M	0.63M	-0.01M	0.53M
Pretax Income	2.84M	0.88M	0.63M	0.39M	0.46M
Operating Income RE	3.04M	1.43M	0.81M	0.13M	0.60M
Operating Margin	+28.6%	+19.5%	+17.9%	+3.8%	+18.5%
Profit Margin	+23.1%	+13.2%	+13.4%	+6.2%	+11.3%
Net Income	2.45M	0.97M	0.61M	0.21M	0.36M
Net Income to Common	2.45M	0.97M	0.61M	0.21M	0.36M
Net Income to Company	2.79M	0.86M	0.62M	0.38M	0.49M
Net Income Growth	+154.3%	+59.1%	+193.1%	-43.2%	—
Earnings From Continuing Ops.	2.79M	0.86M	0.62M	0.38M	0.45M
Earnings From Discontinued Ops.	—	—	—	—	35.48K
Minority Interest in Earnings	-338.95K	109.71K	-10.41K	-174.66K	-125.34K
Income Tax Expense	50.56K	26.57K	9.23K	5.20K	4.33K
Effective Tax Rate	+1.8%	+3.0%	+1.5%	+1.3%	+0.9%
Net Interest Expense RE	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Per Share & Capital
EPS (Basic)	0.02	0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	0.01	0.00	0.00	0.00
EPS Growth	+154.3%	+59.1%	+193.1%	-43.1%	—
Shares Outstanding (Basic)	150.00M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	150.00M	150.00M	150.00M	150.00M	150.00M
Supplemental
Other Operating Expenses RE	66.90K	—	18.35K	12.58K	10.83K
Other Unusual RE	—	—	35.87K	—	—
Property Management Fees	—	3.00K	9.00K	9.00K	9.00K

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
Operating Summary
Revenue	10.62M	7.30M	4.52M	3.36M	3.21M
Interest Expense	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Pretax Income	2.84M	0.88M	0.63M	0.39M	0.46M
Income Tax	50.56K	26.57K	9.23K	5.20K	4.33K
Net Income	2.45M	0.97M	0.61M	0.21M	0.36M
Property Expenses	3.66M	3.34M	2.30M	2.09M	1.79M
Operating Income	3.04M	1.43M	0.81M	0.13M	0.60M
EPS (Basic)	0.02	0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	0.01	0.00	0.00	0.00
Margins & Efficiency
Net Margin %	+23.1%	+13.2%	+13.4%	+6.2%	+11.3%
Revenue & Income
Revenue as Reported	11.24M	7.38M	4.55M	3.77M	3.20M
Revenue Growth (YoY)	+45.5%	+61.7%	+34.5%	+4.4%	+44.1%
Revenue RE	10.62M	7.30M	4.52M	3.36M	3.21M
Other Revenue RE	10.32M	6.79M	4.30M	3.30M	3.21M
Gain Assets RE	—	—	-41.68K	—	0.18K
Gain Investments RE	-48.84K	-38.23K	-12.22K	—	—
Gain Investments Rev Real Estate	300.57K	510.79K	204.19K	49.71K	0.27K
Currency Exchange Gain (Loss)	-57.04K	37.04K	-13.52K	13.98K	-0.26K
Expenses & Provisions
SG&A RE	2.09M	1.12M	0.55M	0.36M	0.33M
Total Operating Expenses RE	7.58M	5.87M	3.71M	3.23M	2.62M
Interest Expense RE	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Other Non Oper Exp Suppl RE	-49.29K	-33.03K	—	—	30.73K
Property Expenses	3.66M	3.34M	2.30M	2.09M	1.79M
Asset Writedown	619.82K	42.78K	16.05K	392.42K	-76.65K
D&A For EBITDA	1.36M	1.06M	0.58M	0.51M	0.45M
Dep Amor RE	1.73M	1.38M	0.79M	0.72M	0.44M
Profitability & Returns
EBIT	3.04M	1.43M	0.81M	0.13M	0.60M
EBIT Margin	+28.6%	+19.5%	+17.9%	+3.8%	+18.5%
EBITDA	4.40M	2.49M	1.39M	0.64M	1.05M
EBITDA Margin	+41.4%	+34.0%	+30.8%	+19.1%	+32.6%
EBT Excl RE	2.27M	0.88M	0.63M	-0.01M	0.53M
Pretax Income	2.84M	0.88M	0.63M	0.39M	0.46M
Operating Income RE	3.04M	1.43M	0.81M	0.13M	0.60M
Operating Margin	+28.6%	+19.5%	+17.9%	+3.8%	+18.5%
Profit Margin	+23.1%	+13.2%	+13.4%	+6.2%	+11.3%
Net Income	2.45M	0.97M	0.61M	0.21M	0.36M
Net Income to Common	2.45M	0.97M	0.61M	0.21M	0.36M
Net Income to Company	2.79M	0.86M	0.62M	0.38M	0.49M
Net Income Growth	+154.3%	+59.1%	+193.1%	-43.2%	—
Earnings From Continuing Ops.	2.79M	0.86M	0.62M	0.38M	0.45M
Earnings From Discontinued Ops.	—	—	—	—	35.48K
Minority Interest in Earnings	-338.95K	109.71K	-10.41K	-174.66K	-125.34K
Income Tax Expense	50.56K	26.57K	9.23K	5.20K	4.33K
Effective Tax Rate	+1.8%	+3.0%	+1.5%	+1.3%	+0.9%
Net Interest Expense RE	-658.42K	-553.92K	-165.94K	-145.83K	-91.04K
Per Share & Capital
EPS (Basic)	0.02	0.01	0.00	0.00	0.00
EPS (Diluted)	0.02	0.01	0.00	0.00	0.00
EPS Growth	+154.3%	+59.1%	+193.1%	-43.1%	—
Shares Outstanding (Basic)	150.00M	150.00M	150.00M	150.00M	150.00M
Shares Outstanding (Diluted)	150.00M	150.00M	150.00M	150.00M	150.00M
Supplemental
Other Operating Expenses RE	66.90K	—	18.35K	12.58K	10.83K
Other Unusual RE	—	—	35.87K	—	—
Property Management Fees	—	3.00K	9.00K	9.00K	9.00K