ADX:EIC Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	648.17	608.07	536.17	488.26	1,101	424.12
Total Interest & Dividend Income	54.75	64.37	69.74	46.24	58.39	41.09
Gain (Loss) on Sale of Investments	23.09	23.09	10.01	29.93	-28.22	19.28
Other Revenue	-1.18	-	-	-	-	79.3
Total Revenue	724.84	695.52	615.91	564.43	1,132	563.79
Revenue Growth (YoY)	18.52%	12.93%	9.12%	-50.12%	100.73%	-12.40%
Policy Benefits	351.43	321.01	301.05	267.64	1,040	263.57
Policy Acquisition & Underwriting Costs	175.77	175.77	154.03	130.8	-	116.73
Selling, General & Administrative	-	-	-	-	-	106.76
Provision for Bad Debts	-	-	-	-	-	-5.04
Other Operating Expenses	49.02	49.54	41.76	39.7	36	8.31
Total Operating Expenses	576.22	546.32	496.83	438.14	1,076	490.33
Operating Income	148.62	149.2	119.08	126.29	55.8	73.45
Currency Exchange Gain (Loss)	-	-	-	-	-	-2.46
Other Non Operating Income (Expenses)	-	-	-	-	-	0.01
EBT Excluding Unusual Items	148.62	149.2	119.08	126.29	55.8	71.01
Pretax Income	148.62	149.2	119.08	126.29	55.8	71.01
Income Tax Expense	11.54	10.76	8.33	-	-	-
Net Income	137.08	138.44	110.75	126.29	55.8	71.01
Net Income to Common	137.08	138.44	110.75	126.29	55.8	71.01
Net Income Growth	32.09%	25.00%	-12.31%	126.33%	-21.41%	-34.43%
Shares Outstanding (Basic)	150	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150	150
Shares Change (YoY)	0.30%	-0.29%	-	-	-	-
EPS (Basic)	0.92	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.92	0.93	0.74	0.84	0.37	0.47
EPS Growth	31.69%	25.37%	-12.31%	126.33%	-21.41%	-34.43%
Free Cash Flow	244.94	218.55	-24.45	-12.56	59.67	27.25
Free Cash Flow Per Share	1.64	1.46	-0.16	-0.08	0.40	0.18
Dividend Per Share	0.600	0.600	0.500	0.550	0.500	0.500
Dividend Growth	20.00%	20.00%	-9.09%	10.00%	-	-16.67%
Operating Margin	20.50%	21.45%	19.33%	22.38%	4.93%	13.03%
Profit Margin	18.91%	19.91%	17.98%	22.38%	4.93%	12.60%
Free Cash Flow Margin	33.79%	31.42%	-3.97%	-2.23%	5.27%	4.83%
EBITDA	153.11	153.42	122.66	129.83	59.97	78.68
EBITDA Margin	21.12%	22.06%	19.92%	23.00%	5.30%	13.96%
D&A For EBITDA	4.49	4.22	3.58	3.54	4.17	5.23
EBIT	148.62	149.2	119.08	126.29	55.8	73.45
EBIT Margin	20.50%	21.45%	19.33%	22.38%	4.93%	13.03%
Effective Tax Rate	7.76%	7.21%	7.00%	-	-	-

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