KWSE:THURAYA Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Rental Revenue	0.57	0.42	0.47	0.58	0.79	0.68	Upgrade
Gain (Loss) on Sale of Investments (Rev)	-0.1	-	-	0	0.08	0.32	Upgrade
Other Revenue	0.01	0.01	0.03	0.03	0.27	0.16	Upgrade
Total Revenue	0.5	0.45	0.52	0.61	1.14	1.16	Upgrade
Revenue Growth (YoY	-25.22%	-14.31%	-14.47%	-46.60%	-1.79%	266.17%	Upgrade
Property Expenses	0.01	0.01	0.01	0.01	0.11	0.39	Upgrade
Selling, General & Administrative	0.22	0.26	0.15	0.14	0.14	0.13	Upgrade
Other Operating Expenses	0	-	-	0.01	0.02	0.02	Upgrade
Total Operating Expenses	0.23	0.26	0.16	0.16	0.23	0.6	Upgrade
Operating Income	0.27	0.19	0.36	0.45	0.91	0.56	Upgrade
Interest Expense	-0.06	-0.05	-0.05	-0.04	-0.02	-	Upgrade
Other Non-Operating Income	-0	-	-	-	-0	-	Upgrade
EBT Excluding Unusual Items	0.21	0.14	0.31	0.41	0.88	0.56	Upgrade
Gain (Loss) on Sale of Investments	0.29	0.29	-0.05	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-0	-0	0.01	-	-	-	Upgrade
Asset Writedown	2	2	0.06	-	-	-	Upgrade
Pretax Income	2.5	2.42	0.33	0.41	0.88	0.56	Upgrade
Income Tax Expense	0.08	0.08	0.01	0	0	0	Upgrade
Earnings From Continuing Operations	2.42	2.34	0.32	0.4	0.88	0.56	Upgrade
Net Income to Company	2.42	2.34	0.32	0.4	0.88	0.56	Upgrade
Minority Interest in Earnings	-	-	-	-	-	-0	Upgrade
Net Income	2.42	2.34	0.32	0.4	0.88	0.56	Upgrade
Net Income to Common	2.42	2.34	0.32	0.4	0.88	0.56	Upgrade
Net Income Growth	436.43%	634.41%	-20.94%	-54.35%	58.23%	0.33%	Upgrade
Basic Shares Outstanding	147	147	147	147	147	147	Upgrade
Diluted Shares Outstanding	147	147	147	147	147	147	Upgrade
EPS (Basic)	0.02	0.02	0.00	0.00	0.01	0.00	Upgrade
EPS (Diluted)	0.02	0.02	0.00	0.00	0.01	0.00	Upgrade
EPS Growth	436.41%	634.47%	-20.92%	-54.36%	58.24%	0.32%	Upgrade
Operating Margin	54.77%	42.03%	68.77%	73.39%	79.78%	48.05%	Upgrade
Profit Margin	481.91%	522.57%	60.97%	65.96%	77.16%	47.90%	Upgrade
EBITDA	-	-	-	0.45	0.91	0.56	Upgrade
EBITDA Margin	-	-	-	73.49%	79.84%	48.07%	Upgrade
D&A For Ebitda	-	-	-	0	0	0	Upgrade
EBIT	0.27	0.19	0.36	0.45	0.91	0.56	Upgrade
EBIT Margin	54.77%	42.03%	68.77%	73.39%	79.78%	48.05%	Upgrade
Effective Tax Rate	3.27%	3.41%	3.40%	0.92%	0.10%	0.14%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.