Reported Earnings • May 17
First quarter 2026 earnings released: د.ك0.003 loss per share (vs د.ك0.001 profit in 1Q 2025) First quarter 2026 results: د.ك0.003 loss per share (down from د.ك0.001 profit in 1Q 2025). Revenue: د.ك357.9k (down 76% from 1Q 2025). Net loss: د.ك647.7k (down 301% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 12
National International Holding Company K.S.C.P. to Report Q1, 2026 Results on May 14, 2026 National International Holding Company K.S.C.P. announced that they will report Q1, 2026 results on May 14, 2026 Announcement • Apr 29
National International Holding Company K.S.C.P., Annual General Meeting, May 14, 2026 National International Holding Company K.S.C.P., Annual General Meeting, May 14, 2026, at 11:00 Arab Standard Time. New Risk • Apr 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kuwaiti stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 04
Full year 2025 earnings released: EPS: د.ك0.008 (vs د.ك0.007 in FY 2024) Full year 2025 results: EPS: د.ك0.008 (up from د.ك0.007 in FY 2024). Revenue: د.ك6.89m (down 16% from FY 2024). Net income: د.ك1.91m (up 16% from FY 2024). Profit margin: 28% (up from 20% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 26
National International Holding Company K.S.C.P. to Report Fiscal Year 2025 Results on Mar 31, 2026 National International Holding Company K.S.C.P. announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Jan 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: د.ك30.7m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.ك30.7m market cap, or US$99.8m). Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: د.ك0.006 (vs د.ك0.005 in 3Q 2024) Third quarter 2025 results: EPS: د.ك0.006 (up from د.ك0.005 in 3Q 2024). Revenue: د.ك2.64m (up 7.6% from 3Q 2024). Net income: د.ك1.51m (up 21% from 3Q 2024). Profit margin: 57% (up from 51% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Announcement • Oct 29
National International Holding Company K.S.C.P. to Report Nine Months, 2025 Results on Nov 05, 2025 National International Holding Company K.S.C.P. announced that they will report nine months, 2025 results on Nov 05, 2025 Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: د.ك0.004 (vs د.ك0.001 in 2Q 2024) Second quarter 2025 results: EPS: د.ك0.004 (up from د.ك0.001 in 2Q 2024). Revenue: د.ك2.21m (up 51% from 2Q 2024). Net income: د.ك908.1k (up 330% from 2Q 2024). Profit margin: 41% (up from 14% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. New Risk • Jun 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: د.ك29.7m (US$96.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.ك29.7m market cap, or US$96.8m). Reported Earnings • May 16
First quarter 2025 earnings released: EPS: د.ك0.001 (vs د.ك0.001 in 1Q 2024) First quarter 2025 results: EPS: د.ك0.001 (in line with 1Q 2024). Revenue: د.ك1.50m (up 15% from 1Q 2024). Net income: د.ك321.9k (up 170% from 1Q 2024). Profit margin: 21% (up from 9.2% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • May 01
National International Holding Company K.S.C.P., Annual General Meeting, May 15, 2025 National International Holding Company K.S.C.P., Annual General Meeting, May 15, 2025, at 11:30 Arab Standard Time. Location: kuwait city Kuwait Announcement • Apr 25
SonoMotion Inc. Secures $2.2 Million NIH Grant SonoMotion announced it has been awarded a $2.2 million NIH grant and successfully completed patient enrollment in the SOUND Break Wave pivotal clinical trial. The SOUND trial is a 64-patient, prospective, multi-center, non-randomized study designed to evaluate the safety and effectiveness of the Break Wave system for fragmentation of stones in the kidney or ureter. The trial results will serve as the clinical basis for the planned Break Wave device FDA 510(k) submission. Stone Clear, SonoMotion's initial solution for facilitating clearance of post-lithotripsy residual fragments, was granted FDA 510(k) de novo clearance in October 2024. The Stone Clear and Break Wave devices will operate on the same platform, providing a complete solution for the noninvasive treatment of kidney stones. Kidney stones affect one in 10 people in the U.S., costing $10 billion annually1 and resulting in +750,000 annual procedures – typically requiring anesthesia and a surgical suite. The SonoMotion solution will be featured at booth #1807 during the upcoming 2025 American Urological Association (AUA) meeting, April 26-29 in Las Vegas. New Risk • Mar 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (20% net profit margin). Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: د.ك0.007 (vs د.ك0.01 in FY 2023) Full year 2024 results: EPS: د.ك0.007 (down from د.ك0.01 in FY 2023). Revenue: د.ك8.18m (up 2.8% from FY 2023). Net income: د.ك1.64m (down 28% from FY 2023). Profit margin: 20% (down from 29% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Mar 24
National International Holding Company K.S.C.P. to Report Fiscal Year 2024 Results on Mar 26, 2025 National International Holding Company K.S.C.P. announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: د.ك0.005 (vs د.ك0.003 in 3Q 2023) Third quarter 2024 results: EPS: د.ك0.005 (up from د.ك0.003 in 3Q 2023). Revenue: د.ك2.45m (up 21% from 3Q 2023). Net income: د.ك1.24m (up 83% from 3Q 2023). Profit margin: 51% (up from 34% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). New Risk • Sep 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kuwaiti stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (د.ك30.0m market cap, or US$98.1m). Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: د.ك0.001 (vs د.ك0.002 in 2Q 2023) Second quarter 2024 results: EPS: د.ك0.001 (down from د.ك0.002 in 2Q 2023). Revenue: د.ك1.46m (down 11% from 2Q 2023). Net income: د.ك211.0k (down 54% from 2Q 2023). Profit margin: 14% (down from 28% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: د.ك0.001 (vs د.ك0.002 in 1Q 2023) First quarter 2024 results: EPS: د.ك0.001 (down from د.ك0.002 in 1Q 2023). Revenue: د.ك1.30m (down 37% from 1Q 2023). Net income: د.ك119.3k (down 76% from 1Q 2023). Profit margin: 9.2% (down from 24% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: د.ك0.01 (vs د.ك0.008 in FY 2022) Full year 2023 results: EPS: د.ك0.01 (up from د.ك0.008 in FY 2022). Revenue: د.ك7.95m (up 16% from FY 2022). Net income: د.ك2.28m (up 32% from FY 2022). Profit margin: 29% (up from 25% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Nov 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (د.ك25.7m market cap, or US$83.1m). Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: د.ك0.003 (vs د.ك0.001 loss in 3Q 2022) Third quarter 2023 results: EPS: د.ك0.003 (up from د.ك0.001 loss in 3Q 2022). Revenue: د.ك2.03m (up 120% from 3Q 2022). Net income: د.ك680.2k (up د.ك949.5k from 3Q 2022). Profit margin: 34% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: د.ك0.002 (vs د.ك0.001 in 2Q 2022) Second quarter 2023 results: EPS: د.ك0.002 (up from د.ك0.001 in 2Q 2022). Revenue: د.ك1.64m (up 46% from 2Q 2022). Net income: د.ك456.3k (up 109% from 2Q 2022). Profit margin: 28% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 13
First quarter 2023 earnings released: EPS: د.ك0.002 (vs د.ك0.004 in 1Q 2022) First quarter 2023 results: EPS: د.ك0.002 (down from د.ك0.004 in 1Q 2022). Revenue: د.ك2.08m (up 3.4% from 1Q 2022). Net income: د.ك505.5k (down 43% from 1Q 2022). Profit margin: 24% (down from 44% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: د.ك0.008 (vs د.ك0.008 in FY 2021) Full year 2022 results: EPS: د.ك0.008 (in line with FY 2021). Revenue: د.ك6.84m (up 17% from FY 2021). Net income: د.ك1.72m (down 4.0% from FY 2021). Profit margin: 25% (down from 31% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman Abdul Wahhab Mohammad Ali Wazzan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: د.ك0.001 loss per share (vs د.ك0.005 profit in 3Q 2021) Third quarter 2022 results: د.ك0.001 loss per share (down from د.ك0.005 profit in 3Q 2021). Revenue: د.ك921.8k (down 48% from 3Q 2021). Net loss: د.ك269.3k (down 126% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: د.ك0.001 (vs د.ك0 in 2Q 2021) Second quarter 2022 results: EPS: د.ك0.001 (up from د.ك0 in 2Q 2021). Revenue: د.ك1.13m (down 26% from 2Q 2021). Net income: د.ك218.5k (up د.ك196.5k from 2Q 2021). Profit margin: 19% (up from 1.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: د.ك0.004 (vs د.ك0 in 1Q 2021) First quarter 2022 results: EPS: د.ك0.004 (up from د.ك0 in 1Q 2021). Revenue: د.ك2.00m (up 356% from 1Q 2021). Net income: د.ك879.7k (up د.ك827.7k from 1Q 2021). Profit margin: 44% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: د.ك0.009 (vs د.ك0.018 loss in FY 2020) Full year 2021 results: EPS: د.ك0.009 (up from د.ك0.018 loss in FY 2020). Revenue: د.ك5.93m (up د.ك5.77m from FY 2020). Net income: د.ك1.79m (up د.ك5.52m from FY 2020). Profit margin: 30% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS د.ك0.005 (vs د.ك0.001 in 3Q 2020) Third quarter 2021 results: Net income: د.ك1.04m (up د.ك874.8k from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Reported Earnings • May 22
First quarter 2021 earnings released First quarter 2021 results: Net income: د.ك52.0k (up د.ك765.3k from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2020 earnings released: د.ك0.018 loss per share (vs د.ك0.008 profit in FY 2019) Full year 2020 results: Net loss: د.ك3.72m (down 313% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.