First Investment Co. K.S.C.P.

First Investment Co. K.S.C.P.

KKSE:ALOLA
96.70
KWF
-1.30
(-1.33%)
9.27EPS
13.96P/E
57.09BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.01
- -
- -
- -
- -
-0.11
- -
- -
-0.05
- -
0.01
0.02
0.01
Free Cash Flow per Basic Share
- -
- -
-0.01
- -
-0.01
- -
- -
- -
- -
-0.01
- -
- -
- -
-0.02
Dividend per Share
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.2
0.21
0.21
0.22
0.22
0.21
0.09
0.1
0.11
0.06
0.05
0.06
0.1
0.08
Tangible Book Value per Share
0.2
0.21
0.21
0.22
0.21
0.2
0.09
0.1
0.11
0.05
0.05
0.06
0.1
0.08
Basic Weighted Avg Shares
467
467
439
445
445
445
445
649
446
446
446
446
446
446
Sales/Revenue/Turnover
1
1
2
3
3
1
1
1
1
1
1
1
1
1
Operating Margin (%)
-305.49
-773.27
-124.7
-70.05
-67.49
-128.06
-3,298.75
-157.43
-161.36
-3,037.87
-90.6
-90.08
-241.86
-282.12
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
4
1
1
1
- -
-48
-1
-1
-23
- -
2
10
4
Effective Tax Rate (%)
- -
1.97
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.92
1.09
2.72
Profit Margin (%)
22.17
532.21
74.01
21.51
23.39
27.37
-6,710.96
-140.53
-171.37
-2,727.96
25.49
260.89
1,219.34
479.64
Working Capital
29
36
24
45
39
6
1
12
-5
-28
-26
-25
6
- -
LT Debt
19
- -
2
2
3
3
2
3
3
2
2
- -
- -
- -
Total Equity
113
112
109
105
102
96
46
49
51
28
24
29
44
34
Return on Invested Capital (%)
-2.08
-11.37
-1.8
-1.85
-2.12
-1.01
- -
- -
- -
- -
-2.67
7
28.32
14.82
Return on Capital (%)
0.93
0.59
1.03
0.33
1.1
0.6
- -
- -
- -
- -
0.74
9.59
28.87
12.71
Return on Common Equity (%)
0.23
4.42
1.46
0.73
0.78
0.25
-71.41
-2.04
-2.45
-61.63
0.92
9.33
29.09
12.77

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
446
446
446
Market Capitalization
55
51
57

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20
24
23
Cash, Cash Equivalents & STI
18
24
22
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
14
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.11%
3.41%
51.77%
Free Cash Flow
48.62%
-67.03%
-338.09%
Net Income, GAAP
-1,704.27%
628.84%
350.71%
Sales/Revenue/Turnover
0.07%
6.81%
-3.57%
Total Cash Common Dividend
53.21%
171.74%
-90.68%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
- -
0.03
-0.01
0.02
2026
- -
-0.01
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Abdulmohsen Saleh Suleiman Al-Tukhaim
Sector
Finance
Industry
Investment managers
Address
Kuwait City Kuwait
IPO Date
Dec 1, 2001
Website
fic.com.kw
Business
First Investment Co. K.S.C.P. is a Kuwait-based Islamic financial investment and asset management firm engaged in Sharia-compliant direct investments, asset management, real estate development, and corporate advisory services. Founded in 1997 and headquartered in Kuwait City, Kuwait, the company is listed on Boursa Kuwait under the ticker ALOLA and operates under the regulatory supervision of the Central Bank of Kuwait and the Capital Markets Authority. The company conducts its operations across four primary business segments: Asset Management, Direct Investments, Real Estate, and Financial Advisory. Its comprehensive portfolio of products and services includes discretionary and non-discretionary equity portfolio management; private equity investments in energy, petroleum services, industrial, and infrastructure sectors; Sharia-compliant investment funds, including public equity funds, money market instruments, and specialized property funds; Islamic structured financing facilities comprising Murabaha, Mudaraba, Wakala, and Ijara contracts; real estate asset acquisition, development, property management, and commercial leasing across residential, commercial, and hospitality properties; corporate finance advisory, mergers and acquisitions consulting, capital raising, and debt restructuring services; and customized wealth management solutions for high-net-worth individuals, family offices, and institutional investors. The company maintains geographic operations across Kuwait, the Kingdom of Saudi Arabia, the United Arab Emirates, and the broader Middle East and North Africa region, overseeing operating subsidiaries and associate entities including First Petroleum Services Company. In recent developments, First Investment Co. K.S.C.P. has undertaken strategic balance sheet reorganizations and executed debt settlement agreements with regional financing institutions to de-leverage its balance sheet and enhance operational liquidity. The company has also pursued portfolio rationalization through the strategic divestment of non-core holdings, redeploying capital into high-yield, income-generating real estate and private equity assets in Saudi Arabia and Kuwait, while executing capital restructuring measures to optimize its equity base and rolling out upgraded digital reporting infrastructure for its institutional asset management clients.