ADX:AWNIC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	453.37	237.89	225.32	264	214.02
Total Interest & Dividend Income	35.9	31.69	-9.54	37.62	8.26
Gain (Loss) on Sale of Investments	33	-22.73	178.73	-18.24	163.75
Other Revenue	8.92	7.11	2.15	19.14	48.07
Total Revenue	536.44	253.96	396.66	302.52	434.09
Revenue Growth (YoY)	111.23%	-35.98%	31.12%	-30.31%	69.16%
Policy Benefits	300.95	220.42	199.13	243.59	115.47
Policy Acquisition & Underwriting Costs	130.9	47.15	38.72	52.86	64.92
Depreciation & Amortization	1.4	1.57	0.18	-	-
Selling, General & Administrative	9.78	7.3	5.7	4.03	46.55
Provision for Bad Debts	-	-	-	-	-0.75
Other Operating Expenses	12.47	0.81	21.7	-6.91	7.64
Total Operating Expenses	467.74	283.57	268.63	293.57	233.82
Operating Income	68.7	-29.62	128.03	8.96	200.27
Interest Expense	-6.73	-8.15	-9.68	-11.47	-8.5
EBT Excluding Unusual Items	61.97	-37.76	118.35	-2.51	191.77
Gain (Loss) on Sale of Assets	-	-	-	-1.55	-
Asset Writedown	38.91	76.95	58.74	35.45	-27.6
Pretax Income	100.88	39.18	177.09	31.39	164.17
Income Tax Expense	6.6	2.38	-	-	-
Earnings From Continuing Ops.	94.28	36.8	177.09	31.39	164.17
Net Income to Company	94.28	36.8	177.09	31.39	164.17
Net Income	94.28	36.8	177.09	31.39	164.17
Net Income to Common	94.28	36.8	177.09	31.39	164.17
Net Income Growth	156.20%	-79.22%	464.12%	-80.88%	978.43%
Shares Outstanding (Basic)	207	207	207	207	207
Shares Outstanding (Diluted)	207	207	207	207	207
EPS (Basic)	0.46	0.18	0.86	0.15	0.79
EPS (Diluted)	0.46	0.18	0.86	0.15	0.79
EPS Growth	156.20%	-79.22%	464.12%	-80.88%	978.43%
Free Cash Flow	64.48	37.04	-40.99	-65.37	10.21
Free Cash Flow Per Share	0.31	0.18	-0.20	-0.32	0.05
Dividend Per Share	0.250	0.200	0.250	0.200	0.200
Dividend Growth	25.00%	-20.00%	25.00%	-	300.00%
Operating Margin	12.81%	-11.66%	32.28%	2.96%	46.13%
Profit Margin	17.57%	14.49%	44.65%	10.38%	37.82%
Free Cash Flow Margin	12.02%	14.59%	-10.33%	-21.61%	2.35%
EBITDA	70.1	-28.05	129.81	10.78	202.16
EBITDA Margin	13.07%	-11.05%	32.73%	3.56%	46.57%
D&A For EBITDA	1.4	1.57	1.78	1.83	1.89
EBIT	68.7	-29.62	128.03	8.96	200.27
EBIT Margin	12.81%	-11.66%	32.28%	2.96%	46.13%
Effective Tax Rate	6.55%	6.08%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.