Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-144.34K	-9.85K	-157.66K	44.69K	-804.72K
Free Cash Flow	-144.46K	-9.96K	-157.66K	44.69K	-804.72K
Capital Expenditures	-120	-110	—	—	—
Investing & Financing
Investing Cash Flow	64.27K	114.44K	124.80K	-38.49K	628.52K
Operating Activities
Operating Cash Flow	-144.34K	-9.85K	-157.66K	44.69K	-804.72K
Net Income	-85.11K	50.13K	81.81K	63.48K	-485.27K
Change in Accounts Payable	-32.86K	31.00K	27.89K	-91.70K	-24.36K
Change in Accounts Receivable	116.05K	-37.90K	-59.96K	516.63K	-521.66K
Change in Other Net Operating Assets	-72.10K	-0.82K	-2.07K	-168.69K	—
Change in Working Capital	11.09K	-7.72K	-34.14K	256.24K	-546.02K
Other Operating Activities	15.58K	19.63K	30.64K	23.82K	29.82K
Provision & Write-off of Bad Debts	1.60K	—	—	—	—
Depreciation & Amortization	0.14K	0.26K	0.74K	1.01K	1.54K
Asset Writedown & Restructuring Costs	-50.90K	-24.24K	-276.05K	-208.70K	166.23K
Investing Activities
Investing Cash Flow	64.27K	114.44K	124.80K	-38.49K	628.52K
Capital Expenditures	-120	-110	—	—	—
Investment in Securities	0.06M	0.11M	0.12M	1.01M	0.71M
Sale (Purchase) of Real Estate	—	—	—	-1.05M	-0.08M
Loss (Gain) on Sale of Investments	-36.74K	-47.91K	39.33K	-91.17K	28.99K
Free Cash Flow & Returns
Free Cash Flow	-144.46K	-9.96K	-157.66K	44.69K	-804.72K
Free Cash Flow Margin	-49.6%	-3.3%	-59.0%	+9.4%	-264.0%
Free Cash Flow Per Share	-0.00	0.00	-0.00	0.00	-0.01
Levered Free Cash Flow	1.06K	10.65K	-150.35K	337.02K	-744.60K
Unlevered Free Cash Flow	1.06K	10.65K	-150.35K	337.02K	-744.60K
Net Cash Flow	-99.84K	98.08K	-49.70K	-3.36K	-163.04K
Foreign Exchange Rate Adjustments	-19.77K	-6.51K	-16.84K	-9.56K	13.16K

CREDIT RATING & COLLECTION

Credit Rating & Collection KSC

TAHSSILATStocksBoursa KuwaitIndustrialsMarket closed

KWD 0.13

Official close

+3.3%

Price as of March 29, 2026 · Market close

Prices may be delayed by up to 30 minutes.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operations
Operating Cash Flow	-144.34K	-9.85K	-157.66K	44.69K	-804.72K
Free Cash Flow	-144.46K	-9.96K	-157.66K	44.69K	-804.72K
Capital Expenditures	-120	-110	—	—	—
Investing & Financing
Investing Cash Flow	64.27K	114.44K	124.80K	-38.49K	628.52K
Operating Activities
Operating Cash Flow	-144.34K	-9.85K	-157.66K	44.69K	-804.72K
Net Income	-85.11K	50.13K	81.81K	63.48K	-485.27K
Change in Accounts Payable	-32.86K	31.00K	27.89K	-91.70K	-24.36K
Change in Accounts Receivable	116.05K	-37.90K	-59.96K	516.63K	-521.66K
Change in Other Net Operating Assets	-72.10K	-0.82K	-2.07K	-168.69K	—
Change in Working Capital	11.09K	-7.72K	-34.14K	256.24K	-546.02K
Other Operating Activities	15.58K	19.63K	30.64K	23.82K	29.82K
Provision & Write-off of Bad Debts	1.60K	—	—	—	—
Depreciation & Amortization	0.14K	0.26K	0.74K	1.01K	1.54K
Asset Writedown & Restructuring Costs	-50.90K	-24.24K	-276.05K	-208.70K	166.23K
Investing Activities
Investing Cash Flow	64.27K	114.44K	124.80K	-38.49K	628.52K
Capital Expenditures	-120	-110	—	—	—
Investment in Securities	0.06M	0.11M	0.12M	1.01M	0.71M
Sale (Purchase) of Real Estate	—	—	—	-1.05M	-0.08M
Loss (Gain) on Sale of Investments	-36.74K	-47.91K	39.33K	-91.17K	28.99K
Free Cash Flow & Returns
Free Cash Flow	-144.46K	-9.96K	-157.66K	44.69K	-804.72K
Free Cash Flow Margin	-49.6%	-3.3%	-59.0%	+9.4%	-264.0%
Free Cash Flow Per Share	-0.00	0.00	-0.00	0.00	-0.01
Levered Free Cash Flow	1.06K	10.65K	-150.35K	337.02K	-744.60K
Unlevered Free Cash Flow	1.06K	10.65K	-150.35K	337.02K	-744.60K
Net Cash Flow	-99.84K	98.08K	-49.70K	-3.36K	-163.04K
Foreign Exchange Rate Adjustments	-19.77K	-6.51K	-16.84K	-9.56K	13.16K