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	781.14	491.18	225.32	264	214.02
Total Interest & Dividend Income	-	31.69	-9.54	37.62	8.26
Gain (Loss) on Sale of Investments	-	-22.73	178.73	-18.24	163.75
Other Revenue	-	7.11	2.15	19.14	48.07
Total Revenue	781.14	507.25	396.66	302.52	434.09
Revenue Growth (YoY)	54.00%	27.88%	31.12%	-30.31%	69.16%
Policy Benefits	757.12	417.26	199.13	243.59	115.47
Policy Acquisition & Underwriting Costs	-	47.15	38.72	52.86	64.92
Depreciation & Amortization	-	1.57	0.18	-	-
Selling, General & Administrative	-	7.3	5.7	4.03	46.55
Provision for Bad Debts	-	-	-	-	-0.75
Other Operating Expenses	-	57.26	21.7	-6.91	7.64
Total Operating Expenses	757.12	536.86	268.63	293.57	233.82
Operating Income	24.02	-29.62	128.03	8.96	200.27
Interest Expense	-	-8.15	-9.68	-11.47	-8.5
Other Non Operating Income (Expenses)	76.61	-	-	-	-
EBT Excluding Unusual Items	100.63	-37.76	118.35	-2.51	191.77
Gain (Loss) on Sale of Assets	-	-	-	-1.55	-
Asset Writedown	-	76.95	58.74	35.45	-27.6
Pretax Income	100.63	39.18	177.09	31.39	164.17
Income Tax Expense	-	2.38	-	-	-
Earnings From Continuing Ops.	100.63	36.8	177.09	31.39	164.17
Net Income to Company	100.63	36.8	177.09	31.39	164.17
Net Income	100.63	36.8	177.09	31.39	164.17
Net Income to Common	100.63	36.8	177.09	31.39	164.17
Net Income Growth	173.47%	-79.22%	464.12%	-80.88%	978.43%
Shares Outstanding (Basic)	205	207	207	207	207
Shares Outstanding (Diluted)	205	207	207	207	207
Shares Change (YoY)	-0.79%	-	-	-	-
EPS (Basic)	0.49	0.18	0.86	0.15	0.79
EPS (Diluted)	0.49	0.18	0.86	0.15	0.79
EPS Growth	175.63%	-79.22%	464.12%	-80.88%	978.43%
Free Cash Flow	-	37.04	-40.99	-65.37	10.21
Free Cash Flow Per Share	-	0.18	-0.20	-0.32	0.05
Dividend Per Share	-	0.200	0.250	0.200	0.200
Dividend Growth	-	-20.00%	25.00%	-	300.00%
Operating Margin	3.08%	-5.84%	32.28%	2.96%	46.13%
Profit Margin	12.88%	7.26%	44.65%	10.38%	37.82%
Free Cash Flow Margin	-	7.30%	-10.33%	-21.61%	2.35%
EBITDA	25.39	-28.05	129.81	10.78	202.16
EBITDA Margin	3.25%	-5.53%	32.73%	3.56%	46.57%
D&A For EBITDA	1.37	1.57	1.78	1.83	1.89
EBIT	24.02	-29.62	128.03	8.96	200.27
EBIT Margin	3.08%	-5.84%	32.28%	2.96%	46.13%
Effective Tax Rate	-	6.08%	-	-	-

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