Specialities Group Holding Company K.P.S.C. (KWSE:SPEC)

KWSE:SPEC 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	14.56	14.35	13.29	10.33	21.24	18.47
Revenue Growth (YoY)	4.86%	7.99%	28.61%	-51.37%	15.04%	-9.61%
Cost of Revenue	10.46	10.42	9.81	8.77	17.21	16.52
Gross Profit	4.1	3.93	3.48	1.56	4.04	1.94
Selling, General & Admin	2.18	2.11	1.91	1.8	1.62	1.73
Other Operating Expenses	-0.1	-0.17	-0.18	-0.11	-0.25	-0.23
Operating Expenses	3.02	2.94	1.75	1.47	2.73	1.73
Operating Income	1.08	0.99	1.73	0.09	1.31	0.21
Interest Expense	-0.15	-0.15	-	-	-	-
Interest & Investment Income	0.12	0.12	0.36	0.05	0.03	0.02
Earnings From Equity Investments	-0.1	-0.12	-0.1	-0.11	-0.14	-0.01
Currency Exchange Gain (Loss)	0	0	0	0.15	0.02	-0
Other Non Operating Income (Expenses)	-0	-	-	-	-0.01	-0
EBT Excluding Unusual Items	0.95	0.84	1.99	0.18	1.2	0.22
Gain (Loss) on Sale of Investments	0.08	0.08	0.11	-2.78	0.08	-0.01
Gain (Loss) on Sale of Assets	0	-	-	0.69	-	0.06
Asset Writedown	0.88	0.88	-	4.78	-	-
Pretax Income	1.91	1.79	2.1	2.87	1.29	0.27
Income Tax Expense	0.05	0.04	0.04	0.04	0.01	0
Earnings From Continuing Operations	1.86	1.75	2.07	2.83	1.28	0.27
Earnings From Discontinued Operations	-0.14	-0.14	-0.07	-0.81	0.2	-0.19
Net Income to Company	1.72	1.61	2	2.03	1.47	0.08
Minority Interest in Earnings	-	-	0.01	0.03	-0.22	-0
Net Income	1.72	1.61	2.01	2.06	1.26	0.08
Net Income to Common	1.72	1.61	2.01	2.06	1.26	0.08
Net Income Growth	-12.96%	-19.95%	-2.29%	63.78%	1542.12%	-94.21%
Shares Outstanding (Basic)	191	191	191	191	191	191
Shares Outstanding (Diluted)	191	191	191	191	191	191
Shares Change (YoY)	-0.24%	-0.24%	0.24%	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.00
EPS Growth	-12.75%	-19.76%	-2.53%	63.80%	1542.14%	-94.21%
Free Cash Flow	0.44	1.33	0.44	-4.68	-2.97	1.43
Free Cash Flow Per Share	0.00	0.01	0.00	-0.03	-0.02	0.01
Dividend Per Share	0.002	0.002	0.004	0.006	0.006	-
Dividend Growth	-57.78%	-57.78%	-23.73%	1.72%	-	-
Gross Margin	28.16%	27.39%	26.20%	15.10%	19.00%	10.53%
Operating Margin	7.41%	6.87%	13.00%	0.86%	6.14%	1.15%
Profit Margin	11.81%	11.21%	15.13%	19.91%	5.91%	0.41%
Free Cash Flow Margin	3.04%	9.27%	3.32%	-45.26%	-13.99%	7.75%
EBITDA	2.31	2.19	2.58	0.41	2.65	0.62
EBITDA Margin	15.83%	15.25%	19.38%	3.97%	12.46%	3.37%
D&A For EBITDA	1.23	1.2	0.85	0.32	1.34	0.41
EBIT	1.08	0.99	1.73	0.09	1.31	0.21
EBIT Margin	7.41%	6.87%	13.00%	0.86%	6.14%	1.15%
Effective Tax Rate	2.39%	2.45%	1.69%	1.37%	0.88%	1.31%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.