Kamco Invest, a Kuwait-based regional non-banking financial powerhouse, has announced a strong performance for the fiscal year 2025, reporting total revenues of KD 34 million ($111 million). This marks a significant increase from the KD 25.4 million ($82.7 million) recorded in the previous year.
The company’s net profit saw a near two-fold growth, soaring to KD 9.2 million from KD 4.4 million in 2024. This performance was attributed to robust growth across its core operations and was positively impacted by a one-off favorable legal outcome.
Financial Performance Breakdown
Kamco Invest’s revenue from fees and commissions, a key indicator of its core business health, grew by 10.3% to reach KD 18.6 million. This fee income continues to be the primary revenue driver, accounting for 55.2% of the company’s total income for the year.
The firm’s earnings per share (EPS) also reflected this strong growth, climbing to 26.78 fils in 2025, up from 12.72 fils in 2024. The company noted that an early-stage investment in a new strategic platform at the beginning of the year led to an increase in general and administrative expenses due to initial operating costs, an investment aligned with its long-term strategy for sustainable earnings.
AUM Growth and Saudi Market Penetration
A key driver of this success was the firm’s ability to attract significant capital, successfully raising over $1.5 billion across various products and transactions throughout the year. This influx contributed to a $626 million, or 3.9%, growth in its assets under management (AUM), which reached a total of $16.5 billion by the end of 2025.
Highlighting its strategic focus on regional expansion, Kamco Invest deepened its presence in the Saudi market with the launch of two new Shariah-compliant funds: the Kamco Freestyle Saudi Equity Fund and the Kamco SAR Murabaha Fund. Both the Kamco Saudi Equity Fund and the new Freestyle fund ranked among the top performers in their respective categories within the Saudi market, demonstrating the strength of the firm’s investment capabilities in the Kingdom.
Market Leadership and Corporate Strength
The company’s equity funds and portfolios consistently outperformed their benchmarks. The flagship Kamco Investment Fund delivered an impressive return of 20.71% and was recognized across six categories at the prestigious LSEG Lipper Fund Awards.
On the corporate front, Kamco Invest’s ownership structure was further solidified after Burgan Bank acquired a 100% stake in United Gulf Bank (UGB), the firm’s major shareholder, at the beginning of 2025. Meanwhile, the Alternative Investments team continued to deliver value, distributing $82 million to investors across its real estate, private equity, and structured products.
About Kamco Invest
Kamco Invest is a regional non-banking financial powerhouse headquartered in Kuwait with a presence in key regional financial markets. The company is one of the largest in the region in terms of assets under management (AUM), offering a comprehensive range of investment products and services in asset management and investment banking to a diverse client base of institutional and high-net-worth individuals.
Source: Zawya
