National Petroleum Services Company K.S.C.P. (KWSE:NAPESCO)

KWSE:NAPESCO Income Statement

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	49.81	41.03	39.52	37.18	27.87	26.76
Revenue Growth (YoY)	25.27%	3.81%	6.29%	33.42%	4.17%	-23.90%
Cost of Revenue	31.9	27.85	28.65	27.85	21.36	18.93
Gross Profit	17.9	13.18	10.87	9.33	6.51	7.83
Selling, General & Admin	4.72	3.66	3.11	2.17	1.86	2.12
Other Operating Expenses	0.27	0.39	0.21	0.2	0.14	0.18
Operating Expenses	5.18	4.3	3.25	2.58	2.01	2.3
Operating Income	12.72	8.89	7.63	6.75	4.51	5.53
Interest Expense	-0.01	-0.01	-0.02	-0.03	-0.02	-0.05
Interest & Investment Income	0.73	0.61	0.93	0.29	0.28	0.41
Earnings From Equity Investments	3.62	4.6	-	-	-	-
Other Non Operating Income (Expenses)	-0.05	0.15	0.15	0.34	0	-0.02
EBT Excluding Unusual Items	17.02	14.24	8.68	7.35	4.76	5.87
Gain (Loss) on Sale of Investments	-	-	-	-0.44	-0.11	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.24	0.02
Other Unusual Items	2.61	2.61	-	-	-	0.45
Pretax Income	19.63	16.85	8.68	6.9	4.89	6.34
Income Tax Expense	0.05	0.12	0.09	0.08	0.06	0.07
Earnings From Continuing Operations	19.57	16.73	8.6	6.82	4.83	6.27
Minority Interest in Earnings	-3.66	-3.3	0	0	-0	0
Net Income	15.91	13.42	8.6	6.82	4.83	6.27
Net Income to Common	15.91	13.42	8.6	6.82	4.83	6.27
Net Income Growth	60.65%	56.17%	25.96%	41.16%	-22.88%	-44.88%
Shares Outstanding (Basic)	90	90	97	97	97	97
Shares Outstanding (Diluted)	90	90	97	97	97	97
Shares Change (YoY)	-3.49%	-6.81%	-0.06%	-	-	-
EPS (Basic)	0.18	0.15	0.09	0.07	0.05	0.06
EPS (Diluted)	0.18	0.15	0.09	0.07	0.05	0.06
EPS Growth	66.46%	67.59%	26.03%	41.15%	-22.88%	-44.88%
Free Cash Flow	16.96	13.79	8.79	5.74	7.12	2.67
Free Cash Flow Per Share	0.19	0.15	0.09	0.06	0.07	0.03
Dividend Per Share	0.070	0.070	0.060	0.050	0.035	0.064
Dividend Growth	16.67%	16.67%	20.00%	42.86%	-45.31%	-8.57%
Gross Margin	35.95%	32.13%	27.51%	25.09%	23.37%	29.25%
Operating Margin	25.54%	21.66%	19.29%	18.15%	16.17%	20.67%
Profit Margin	31.95%	32.72%	21.75%	18.35%	17.35%	23.43%
Free Cash Flow Margin	34.05%	33.61%	22.24%	15.44%	25.55%	9.99%
EBITDA	15.78	11.73	10.16	8.93	6.6	7.65
EBITDA Margin	31.69%	28.59%	25.71%	24.02%	23.69%	28.61%
D&A For EBITDA	3.06	2.84	2.54	2.18	2.1	2.12
EBIT	12.72	8.89	7.63	6.75	4.51	5.53
EBIT Margin	25.54%	21.66%	19.29%	18.15%	16.17%	20.67%
Effective Tax Rate	0.28%	0.71%	0.99%	1.16%	1.17%	1.13%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.