ADX:DHAFRA 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	85.41	73.93	72.91	81.54	78.25
Total Interest & Dividend Income	29.32	23.34	16.59	15.6	17.23
Gain (Loss) on Sale of Investments	16.31	15.41	21.47	0.13	7.28
Other Revenue	-	-	-	-	57.33
Total Revenue	131.04	112.69	110.97	97.27	160.1
Revenue Growth (YoY)	16.28%	1.55%	14.09%	-39.25%	3.18%
Policy Benefits	48.51	69.55	-13.37	11.65	33.68
Policy Acquisition & Underwriting Costs	53.2	44.2	45.12	50.7	44.96
Selling, General & Administrative	-	-	-	-	42.63
Other Operating Expenses	-20.98	-39.07	37.52	13.91	-
Total Operating Expenses	80.72	74.68	69.27	76.26	121.27
Operating Income	50.32	38.01	41.69	21.01	38.83
Interest Expense	-0.49	-0.43	-0.39	-0.15	-0.19
EBT Excluding Unusual Items	49.83	37.58	41.3	20.86	38.64
Asset Writedown	1.88	3.59	-	2.1	-
Pretax Income	51.71	41.17	41.3	22.96	38.64
Income Tax Expense	2.77	2.79	-	-	-
Net Income	48.94	38.38	41.3	22.96	38.64
Net Income to Common	48.94	38.38	41.3	22.96	38.64
Net Income Growth	27.53%	-7.08%	79.88%	-40.57%	-29.48%
Shares Outstanding (Basic)	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100
EPS (Basic)	0.49	0.38	0.41	0.23	0.39
EPS (Diluted)	0.49	0.38	0.41	0.23	0.39
EPS Growth	27.53%	-7.08%	79.88%	-40.57%	-29.48%
Free Cash Flow	-4.1	43.87	5.02	24.28	12.56
Free Cash Flow Per Share	-0.04	0.44	0.05	0.24	0.13
Dividend Per Share	0.350	0.350	0.350	0.300	0.350
Dividend Growth	-	-	16.67%	-14.29%	-12.50%
Operating Margin	38.40%	33.73%	37.57%	21.60%	24.26%
Profit Margin	37.35%	34.06%	37.22%	23.61%	24.13%
Free Cash Flow Margin	-3.13%	38.93%	4.52%	24.96%	7.84%
EBITDA	50.83	38.43	42.18	21.71	39.62
EBITDA Margin	38.79%	34.10%	38.01%	22.32%	24.75%
D&A For EBITDA	0.51	0.41	0.49	0.7	0.79
EBIT	50.32	38.01	41.69	21.01	38.83
EBIT Margin	38.40%	33.73%	37.57%	21.60%	24.26%
Effective Tax Rate	5.35%	6.78%	-	-	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.