KUWAIT TELECOMMUNICATIONS CO.

Kuwait Telecommunications Co.

STCStocksBoursa KuwaitTelecommunications

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
Operations
Operating Cash Flow	91.81M	95.53M	92.31M	79.45M	68.56M
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
Capital Expenditures	-43.26M	-27.78M	-19.92M	-18.51M	-27.35M
Investing & Financing
Investing Cash Flow	-51.96M	-73.76M	-28.71M	-46.71M	-44.72M
Financing Cash Flow	-55.48M	-52.13M	-39.64M	-21.78M	-41.32M
Dividends Paid	-34.53M	-34.72M	-28.66M	-27.57M	-27.17M
Operating Activities
Operating Cash Flow	91.81M	95.53M	92.31M	79.45M	68.56M
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
Change in Accounts Payable	14.81M	16.52M	16.63M	-4.09M	3.94M
Change in Accounts Receivable	-24.99M	-12.63M	-21.04M	-18.68M	-22.16M
Change in Inventory	0.32M	-1.54M	-4.05M	2.68M	-1.59M
Change in Other Net Operating Assets	-4.46M	-3.58M	-0.45M	-0.50M	-0.77M
Change in Unearned Revenue	-0.93M	-1.49M	—	—	—
Change in Working Capital	-15.25M	-2.72M	-8.92M	-20.59M	-20.59M
Other Operating Activities	7.12M	3.43M	3.54M	5.06M	-11.52M
Provision & Write-off of Bad Debts	11.28M	12.87M	14.88M	11.00M	7.85M
Depreciation & Amortization	51.86M	48.57M	49.25M	23.20M	38.44M
Other Amortization	2.08M	2.05M	0.87M	1.07M	1.03M
Cash Interest Paid	1.38M	1.85M	0.98M	0.76M	0.17M
Asset Writedown & Restructuring Costs	0.63M	-0.04M	0.02M	26.50M	8.48M
Investing Activities
Investing Cash Flow	-51.96M	-73.76M	-28.71M	-46.71M	-44.72M
Capital Expenditures	-43.26M	-27.78M	-19.92M	-18.51M	-27.35M
Cash Acquisitions	—	—	-2.30M	-18.90M	—
Investment in Securities	-0.23M	-34.69M	1.52M	-2.89M	-7.61M
Other Investing Activities	—	—	130.00K	—	—
Sale (Purchase) of Intangibles	-8.56M	-11.38M	-8.14M	-6.47M	-9.94M
Sale of Property, Plant & Equipment	80.00K	96.00K	—	68.00K	178.00K
Financing Activities
Financing Cash Flow	-55.48M	-52.13M	-39.64M	-21.78M	-41.32M
Common Dividends Paid	-34.53M	-34.72M	-28.66M	-27.57M	-27.17M
Long-Term Debt Issued	—	—	—	23.00M	—
Long-Term Debt Repaid	-19.57M	-15.55M	-10.00M	-16.45M	-13.98M
Net Debt Issued (Repaid)	-19.57M	-15.55M	-10.00M	6.55M	-13.98M
Other Financing Activities	-1.38M	-1.85M	-0.98M	-0.76M	-0.17M
Free Cash Flow & Returns
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
Free Cash Flow Growth	-28.3%	-6.4%	+18.8%	+47.9%	+5.9%
Free Cash Flow Margin	+14.2%	+20.1%	+22.1%	+18.1%	+13.9%
Free Cash Flow Per Share	0.05	0.07	0.07	0.06	0.04
Levered Free Cash Flow	39.34M	42.84M	55.39M	29.67M	17.03M
Unlevered Free Cash Flow	40.73M	44.45M	56.65M	30.55M	18.90M
Operating Cash Flow Growth	-3.9%	+3.5%	+16.2%	+15.9%	+5.3%
Net Cash Flow	-15.64M	-30.35M	23.96M	10.96M	-17.48M

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
Operations
Operating Cash Flow	91.81M	95.53M	92.31M	79.45M	68.56M
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
Capital Expenditures	-43.26M	-27.78M	-19.92M	-18.51M	-27.35M
Investing & Financing
Investing Cash Flow	-51.96M	-73.76M	-28.71M	-46.71M	-44.72M
Financing Cash Flow	-55.48M	-52.13M	-39.64M	-21.78M	-41.32M
Dividends Paid	-34.53M	-34.72M	-28.66M	-27.57M	-27.17M
Operating Activities
Operating Cash Flow	91.81M	95.53M	92.31M	79.45M	68.56M
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
Change in Accounts Payable	14.81M	16.52M	16.63M	-4.09M	3.94M
Change in Accounts Receivable	-24.99M	-12.63M	-21.04M	-18.68M	-22.16M
Change in Inventory	0.32M	-1.54M	-4.05M	2.68M	-1.59M
Change in Other Net Operating Assets	-4.46M	-3.58M	-0.45M	-0.50M	-0.77M
Change in Unearned Revenue	-0.93M	-1.49M	—	—	—
Change in Working Capital	-15.25M	-2.72M	-8.92M	-20.59M	-20.59M
Other Operating Activities	7.12M	3.43M	3.54M	5.06M	-11.52M
Provision & Write-off of Bad Debts	11.28M	12.87M	14.88M	11.00M	7.85M
Depreciation & Amortization	51.86M	48.57M	49.25M	23.20M	38.44M
Other Amortization	2.08M	2.05M	0.87M	1.07M	1.03M
Cash Interest Paid	1.38M	1.85M	0.98M	0.76M	0.17M
Asset Writedown & Restructuring Costs	0.63M	-0.04M	0.02M	26.50M	8.48M
Investing Activities
Investing Cash Flow	-51.96M	-73.76M	-28.71M	-46.71M	-44.72M
Capital Expenditures	-43.26M	-27.78M	-19.92M	-18.51M	-27.35M
Cash Acquisitions	—	—	-2.30M	-18.90M	—
Investment in Securities	-0.23M	-34.69M	1.52M	-2.89M	-7.61M
Other Investing Activities	—	—	130.00K	—	—
Sale (Purchase) of Intangibles	-8.56M	-11.38M	-8.14M	-6.47M	-9.94M
Sale of Property, Plant & Equipment	80.00K	96.00K	—	68.00K	178.00K
Financing Activities
Financing Cash Flow	-55.48M	-52.13M	-39.64M	-21.78M	-41.32M
Common Dividends Paid	-34.53M	-34.72M	-28.66M	-27.57M	-27.17M
Long-Term Debt Issued	—	—	—	23.00M	—
Long-Term Debt Repaid	-19.57M	-15.55M	-10.00M	-16.45M	-13.98M
Net Debt Issued (Repaid)	-19.57M	-15.55M	-10.00M	6.55M	-13.98M
Other Financing Activities	-1.38M	-1.85M	-0.98M	-0.76M	-0.17M
Free Cash Flow & Returns
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
Free Cash Flow Growth	-28.3%	-6.4%	+18.8%	+47.9%	+5.9%
Free Cash Flow Margin	+14.2%	+20.1%	+22.1%	+18.1%	+13.9%
Free Cash Flow Per Share	0.05	0.07	0.07	0.06	0.04
Levered Free Cash Flow	39.34M	42.84M	55.39M	29.67M	17.03M
Unlevered Free Cash Flow	40.73M	44.45M	56.65M	30.55M	18.90M
Operating Cash Flow Growth	-3.9%	+3.5%	+16.2%	+15.9%	+5.3%
Net Cash Flow	-15.64M	-30.35M	23.96M	10.96M	-17.48M