SPECIALITIES GROUP HOLDING CO.

Specialties Group Holding Company K.S.C. (Closed)

SPECStocksBoursa KuwaitMaterials

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
Operations
Operating Cash Flow	1.70M	-0.43M	1.99M	1.73M	0.07M
Free Cash Flow	1.68M	-0.76M	1.85M	1.44M	-0.05M
Capital Expenditures	-0.02M	-0.34M	-0.15M	-0.29M	-0.12M
Investing & Financing
Investing Cash Flow	-0.81M	-0.51M	-0.45M	-0.62M	0.31M
Financing Cash Flow	0.29M	1.45M	-2.77M	0.82M	-1.48M
Dividends Paid	—	—	-0.01M	-0.34M	—
Operating Activities
Operating Cash Flow	1.70M	-0.43M	1.99M	1.73M	0.07M
Net Income	760.18K	403.35K	714.37K	567.05K	511.72K
Change in Accounts Payable	-0.04M	0.72M	0.82M	1.53M	-0.45M
Change in Accounts Receivable	0.36M	-2.32M	0.10M	-0.71M	-0.49M
Change in Inventory	0.10M	0.06M	0.02M	-0.09M	0.12M
Change in Other Net Operating Assets	—	—	—	—	—
Change in Working Capital	0.42M	-1.54M	0.94M	0.74M	-0.81M
Other Operating Activities	0.12M	-0.03M	-0.01M	0.08M	0.06M
Provision & Write-off of Bad Debts	75.00K	370.46K	—	—	-5.91K
Depreciation & Amortization	336.14K	331.66K	351.40K	347.93K	317.76K
Loss (Gain) on Equity Investments	—	—	—	—	—
Asset Writedown & Restructuring Costs	—	0.02M	—	—	—
Investing Activities
Investing Cash Flow	-0.81M	-0.51M	-0.45M	-0.62M	0.31M
Capital Expenditures	-0.02M	-0.34M	-0.15M	-0.29M	-0.12M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	—	—	—	-0.22M	0.62M
Other Investing Activities	32.88K	285.58K	-5.67K	10.84K	32.18K
Sale (Purchase) of Intangibles	—	—	—	0.96K	-95.39K
Sale (Purchase) of Real Estate	-817.16K	-462.98K	-302.96K	-128.80K	-121.22K
Sale of Property, Plant & Equipment	—	0.50K	5.00K	—	2.25K
Loss (Gain) From Sale of Assets	—	-0.50K	—	—	-2.25K
Loss (Gain) on Sale of Investments	—	0.02M	—	—	—
Financing Activities
Financing Cash Flow	0.29M	1.45M	-2.77M	0.82M	-1.48M
Common Dividends Paid	—	—	-0.01M	-0.34M	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	0.29M	—	—	—	—
Total Debt Issued	0.29M	—	—	—	—
Long-Term Debt Repaid	—	—	—	—	-251.09K
Short-Term Debt Repaid	—	—	—	—	-1.23M
Total Debt Repaid	—	1.45M	-2.76M	1.16M	-1.48M
Net Debt Issued (Repaid)	0.29M	1.45M	-2.76M	1.16M	-1.48M
Other Financing Activities	—	—	—	—	—
Free Cash Flow & Returns
Free Cash Flow	1.68M	-0.76M	1.85M	1.44M	-0.05M
Free Cash Flow Growth	—	—	+65.6%	—	—
Free Cash Flow Margin	+28.6%	-9.6%	+26.3%	+30.0%	-1.4%
Free Cash Flow Per Share	0.01	-0.00	0.01	0.01	0.00
Levered Free Cash Flow	-0.14M	-0.33M	1.04M	-1.11M	-0.16M
Unlevered Free Cash Flow	-0.12M	-0.31M	1.06M	-1.09M	-0.14M
Operating Cash Flow Growth	+2,275.6%	—	+77.4%	—	-91.9%
Net Cash Flow	1.20M	0.48M	-1.23M	1.92M	-1.10M
Foreign Exchange Rate Adjustments	10.15K	-23.54K	2.64K	-3.71K	-3.27K

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
Operations
Operating Cash Flow	1.70M	-0.43M	1.99M	1.73M	0.07M
Free Cash Flow	1.68M	-0.76M	1.85M	1.44M	-0.05M
Capital Expenditures	-0.02M	-0.34M	-0.15M	-0.29M	-0.12M
Investing & Financing
Investing Cash Flow	-0.81M	-0.51M	-0.45M	-0.62M	0.31M
Financing Cash Flow	0.29M	1.45M	-2.77M	0.82M	-1.48M
Dividends Paid	—	—	-0.01M	-0.34M	—
Operating Activities
Operating Cash Flow	1.70M	-0.43M	1.99M	1.73M	0.07M
Net Income	760.18K	403.35K	714.37K	567.05K	511.72K
Change in Accounts Payable	-0.04M	0.72M	0.82M	1.53M	-0.45M
Change in Accounts Receivable	0.36M	-2.32M	0.10M	-0.71M	-0.49M
Change in Inventory	0.10M	0.06M	0.02M	-0.09M	0.12M
Change in Other Net Operating Assets	—	—	—	—	—
Change in Working Capital	0.42M	-1.54M	0.94M	0.74M	-0.81M
Other Operating Activities	0.12M	-0.03M	-0.01M	0.08M	0.06M
Provision & Write-off of Bad Debts	75.00K	370.46K	—	—	-5.91K
Depreciation & Amortization	336.14K	331.66K	351.40K	347.93K	317.76K
Loss (Gain) on Equity Investments	—	—	—	—	—
Asset Writedown & Restructuring Costs	—	0.02M	—	—	—
Investing Activities
Investing Cash Flow	-0.81M	-0.51M	-0.45M	-0.62M	0.31M
Capital Expenditures	-0.02M	-0.34M	-0.15M	-0.29M	-0.12M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	—	—	—	-0.22M	0.62M
Other Investing Activities	32.88K	285.58K	-5.67K	10.84K	32.18K
Sale (Purchase) of Intangibles	—	—	—	0.96K	-95.39K
Sale (Purchase) of Real Estate	-817.16K	-462.98K	-302.96K	-128.80K	-121.22K
Sale of Property, Plant & Equipment	—	0.50K	5.00K	—	2.25K
Loss (Gain) From Sale of Assets	—	-0.50K	—	—	-2.25K
Loss (Gain) on Sale of Investments	—	0.02M	—	—	—
Financing Activities
Financing Cash Flow	0.29M	1.45M	-2.77M	0.82M	-1.48M
Common Dividends Paid	—	—	-0.01M	-0.34M	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	0.29M	—	—	—	—
Total Debt Issued	0.29M	—	—	—	—
Long-Term Debt Repaid	—	—	—	—	-251.09K
Short-Term Debt Repaid	—	—	—	—	-1.23M
Total Debt Repaid	—	1.45M	-2.76M	1.16M	-1.48M
Net Debt Issued (Repaid)	0.29M	1.45M	-2.76M	1.16M	-1.48M
Other Financing Activities	—	—	—	—	—
Free Cash Flow & Returns
Free Cash Flow	1.68M	-0.76M	1.85M	1.44M	-0.05M
Free Cash Flow Growth	—	—	+65.6%	—	—
Free Cash Flow Margin	+28.6%	-9.6%	+26.3%	+30.0%	-1.4%
Free Cash Flow Per Share	0.01	-0.00	0.01	0.01	0.00
Levered Free Cash Flow	-0.14M	-0.33M	1.04M	-1.11M	-0.16M
Unlevered Free Cash Flow	-0.12M	-0.31M	1.06M	-1.09M	-0.14M
Operating Cash Flow Growth	+2,275.6%	—	+77.4%	—	-91.9%
Net Cash Flow	1.20M	0.48M	-1.23M	1.92M	-1.10M
Foreign Exchange Rate Adjustments	10.15K	-23.54K	2.64K	-3.71K	-3.27K