0
100
Annual Report 2025
PROGRESS WITH PURPOSE
From TELCO to TECHCO
Revenue
$
7.44
B
+14% YOY
EBITDA
$
2.54
B
+11% YOY
EBITDA Margin
34%
Net Income
$
777
M
+103% YOY
Capex
$
1.5
B
+39% YOY
20%
of REVENUE
50.9
M
Active customers
2.8
B
Data revenue 37% of group’s revenue +13% YOY
55
fils
DPS
35
fils
DPS & minimum cash dividend policy until 2028
63
%
Payout ratio
1.1
B
Free cash flow
2.2
X
Net debt / EBITDA
5G
Advanced
in Kuwait
60
/
100
Advanced Tech in Kuwait and Saudi Arabia
A
Within industry avarage
3.9
/
5
Above industry avarage
Net Zero Carbon
2050 Target
*
**
* 15.5% ownership in INWI, Morocco
** ZAINTECH, ZOI, TASC Towers based in UAE
