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
Operating Summary
Revenue	342.51M	336.52M	327.37M	336.37M	296.31M
Cost of Revenue	209.60M	209.53M	197.77M	215.99M	183.40M
Gross Profit	132.92M	126.99M	129.60M	120.37M	112.91M
SG&A	29.03M	29.35M	30.60M	27.69M	26.15M
Operating Expenses	85.79M	93.26M	80.17M	63.85M	74.70M
Operating Income	47.13M	33.73M	49.43M	56.52M	38.22M
Interest Income	3.41M	3.67M	3.14M	3.89M	0.90M
Interest Expense	-2.22M	-2.57M	-2.02M	-1.41M	-2.99M
Other Income/Expense	0.58M	-0.44M	-0.69M	1.18M	-0.19M
Pretax Income	38.51M	31.77M	33.06M	33.57M	45.33M
Income Tax	4.41M	0.39M	0.38M	0.36M	0.46M
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
EBITDA	85.78M	70.74M	88.31M	70.72M	68.14M
EBIT	47.13M	33.73M	49.43M	56.52M	38.22M
EPS (Basic)	0.03	0.03	0.03	0.03	0.04
EPS (Diluted)	0.03	0.03	0.03	0.03	0.04
DPS	0.04	0.04	0.04	0.03	0.03
Margins & Efficiency
Gross Margin %	+38.8%	+37.7%	+39.6%	+35.8%	+38.1%
EBITDA Margin %	+25.0%	+21.0%	+27.0%	+21.0%	+23.0%
Net Margin %	+10.0%	+9.3%	+10.0%	+9.9%	+15.1%
Revenue & Income
Revenue	342.51M	336.52M	327.37M	336.37M	296.31M
Revenue Growth (YoY)	+1.8%	+2.8%	-2.7%	+13.5%	+4.6%
Interest & Investment Income	3.41M	3.67M	3.14M	3.89M	0.90M
Earnings From Equity Investments	—	—	—	—	-50.00K
Currency Exchange Gain (Loss)	94.00K	-193.00K	-404.00K	-118.00K	-11.00K
Expenses & Provisions
Cost of Revenue	209.60M	209.53M	197.77M	215.99M	183.40M
Selling, General & Admin	29.03M	29.35M	30.60M	27.69M	26.15M
Operating Expenses	85.79M	93.26M	80.17M	63.85M	74.70M
Other Operating Expenses	—	1.00M	0.96M	0.89M	1.15M
Interest Expense	-2.22M	-2.57M	-2.02M	-1.41M	-2.99M
Other Non Operating Income (Expenses)	0.58M	-0.44M	-0.69M	1.18M	-0.19M
Legal Settlements	—	—	—	—	17.93M
Merger & Restructuring Charges	-1.40M	-1.89M	—	—	—
Asset Writedown	-9.08M	-0.53M	-16.39M	-26.50M	-6.43M
Impairment of Goodwill	—	—	—	—	-2.05M
D&A For EBITDA	38.65M	37.01M	38.88M	14.19M	29.92M
Profitability & Returns
Gross Profit	132.92M	126.99M	129.60M	120.37M	112.91M
Gross Margin	+38.8%	+37.7%	+39.6%	+35.8%	+38.1%
EBIT	47.13M	33.73M	49.43M	56.52M	38.22M
EBIT Margin	+13.8%	+10.0%	+15.1%	+16.8%	+12.9%
EBITDA	85.78M	70.74M	88.31M	70.72M	68.14M
EBITDA Margin	+25.0%	+21.0%	+27.0%	+21.0%	+23.0%
EBT Excluding Unusual Items	48.99M	34.19M	49.45M	60.07M	35.88M
Pretax Income	38.51M	31.77M	33.06M	33.57M	45.33M
Operating Income	47.13M	33.73M	49.43M	56.52M	38.22M
Operating Margin	+13.8%	+10.0%	+15.1%	+16.8%	+12.9%
Profit Margin	+10.0%	+9.3%	+10.0%	+9.9%	+15.1%
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
Net Income to Common	34.10M	31.38M	32.68M	33.21M	44.87M
Net Income Growth	+8.7%	-4.0%	-1.6%	-26.0%	+39.8%
Income Tax Expense	4.41M	0.39M	0.38M	0.36M	0.46M
Effective Tax Rate	+11.5%	+1.2%	+1.2%	+1.1%	+1.0%
Per Share & Capital
EPS (Basic)	0.03	0.03	0.03	0.03	0.04
EPS (Diluted)	0.03	0.03	0.03	0.03	0.04
EPS Growth	+8.7%	-4.0%	-1.6%	-26.0%	+39.8%
Dividend Per Share	0.04	0.04	0.04	0.03	0.03
Shares Outstanding (Basic)	998.73M	998.73M	998.73M	998.73M	998.73M
Shares Outstanding (Diluted)	998.73M	998.73M	998.73M	998.73M	998.73M
Dividend Growth	+8.6%	—	+16.7%	—	—
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
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
Payout Ratio	+101.3%	+110.7%	+87.7%	+83.0%	+60.5%

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	342.51M	336.52M	327.37M	336.37M	296.31M
Cost of Revenue	209.60M	209.53M	197.77M	215.99M	183.40M
Gross Profit	132.92M	126.99M	129.60M	120.37M	112.91M
SG&A	29.03M	29.35M	30.60M	27.69M	26.15M
Operating Expenses	85.79M	93.26M	80.17M	63.85M	74.70M
Operating Income	47.13M	33.73M	49.43M	56.52M	38.22M
Interest Income	3.41M	3.67M	3.14M	3.89M	0.90M
Interest Expense	-2.22M	-2.57M	-2.02M	-1.41M	-2.99M
Other Income/Expense	0.58M	-0.44M	-0.69M	1.18M	-0.19M
Pretax Income	38.51M	31.77M	33.06M	33.57M	45.33M
Income Tax	4.41M	0.39M	0.38M	0.36M	0.46M
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
EBITDA	85.78M	70.74M	88.31M	70.72M	68.14M
EBIT	47.13M	33.73M	49.43M	56.52M	38.22M
EPS (Basic)	0.03	0.03	0.03	0.03	0.04
EPS (Diluted)	0.03	0.03	0.03	0.03	0.04
DPS	0.04	0.04	0.04	0.03	0.03
Margins & Efficiency
Gross Margin %	+38.8%	+37.7%	+39.6%	+35.8%	+38.1%
EBITDA Margin %	+25.0%	+21.0%	+27.0%	+21.0%	+23.0%
Net Margin %	+10.0%	+9.3%	+10.0%	+9.9%	+15.1%
Revenue & Income
Revenue	342.51M	336.52M	327.37M	336.37M	296.31M
Revenue Growth (YoY)	+1.8%	+2.8%	-2.7%	+13.5%	+4.6%
Interest & Investment Income	3.41M	3.67M	3.14M	3.89M	0.90M
Earnings From Equity Investments	—	—	—	—	-50.00K
Currency Exchange Gain (Loss)	94.00K	-193.00K	-404.00K	-118.00K	-11.00K
Expenses & Provisions
Cost of Revenue	209.60M	209.53M	197.77M	215.99M	183.40M
Selling, General & Admin	29.03M	29.35M	30.60M	27.69M	26.15M
Operating Expenses	85.79M	93.26M	80.17M	63.85M	74.70M
Other Operating Expenses	—	1.00M	0.96M	0.89M	1.15M
Interest Expense	-2.22M	-2.57M	-2.02M	-1.41M	-2.99M
Other Non Operating Income (Expenses)	0.58M	-0.44M	-0.69M	1.18M	-0.19M
Legal Settlements	—	—	—	—	17.93M
Merger & Restructuring Charges	-1.40M	-1.89M	—	—	—
Asset Writedown	-9.08M	-0.53M	-16.39M	-26.50M	-6.43M
Impairment of Goodwill	—	—	—	—	-2.05M
D&A For EBITDA	38.65M	37.01M	38.88M	14.19M	29.92M
Profitability & Returns
Gross Profit	132.92M	126.99M	129.60M	120.37M	112.91M
Gross Margin	+38.8%	+37.7%	+39.6%	+35.8%	+38.1%
EBIT	47.13M	33.73M	49.43M	56.52M	38.22M
EBIT Margin	+13.8%	+10.0%	+15.1%	+16.8%	+12.9%
EBITDA	85.78M	70.74M	88.31M	70.72M	68.14M
EBITDA Margin	+25.0%	+21.0%	+27.0%	+21.0%	+23.0%
EBT Excluding Unusual Items	48.99M	34.19M	49.45M	60.07M	35.88M
Pretax Income	38.51M	31.77M	33.06M	33.57M	45.33M
Operating Income	47.13M	33.73M	49.43M	56.52M	38.22M
Operating Margin	+13.8%	+10.0%	+15.1%	+16.8%	+12.9%
Profit Margin	+10.0%	+9.3%	+10.0%	+9.9%	+15.1%
Net Income	34.10M	31.38M	32.68M	33.21M	44.87M
Net Income to Common	34.10M	31.38M	32.68M	33.21M	44.87M
Net Income Growth	+8.7%	-4.0%	-1.6%	-26.0%	+39.8%
Income Tax Expense	4.41M	0.39M	0.38M	0.36M	0.46M
Effective Tax Rate	+11.5%	+1.2%	+1.2%	+1.1%	+1.0%
Per Share & Capital
EPS (Basic)	0.03	0.03	0.03	0.03	0.04
EPS (Diluted)	0.03	0.03	0.03	0.03	0.04
EPS Growth	+8.7%	-4.0%	-1.6%	-26.0%	+39.8%
Dividend Per Share	0.04	0.04	0.04	0.03	0.03
Shares Outstanding (Basic)	998.73M	998.73M	998.73M	998.73M	998.73M
Shares Outstanding (Diluted)	998.73M	998.73M	998.73M	998.73M	998.73M
Dividend Growth	+8.6%	—	+16.7%	—	—
Free Cash Flow	48.55M	67.75M	72.39M	60.94M	41.20M
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
Payout Ratio	+101.3%	+110.7%	+87.7%	+83.0%	+60.5%