ADX:EIC 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	608.07	536.17	488.26	1,101	424.12
Total Interest & Dividend Income	64.37	69.74	46.24	58.39	41.09
Gain (Loss) on Sale of Investments	23.09	10.01	29.93	-28.22	19.28
Other Revenue	-	-	-	-	79.3
Total Revenue	695.52	615.91	564.43	1,132	563.79
Revenue Growth (YoY)	12.93%	9.12%	-50.12%	100.73%	-12.40%
Policy Benefits	321.01	301.05	267.64	1,040	263.57
Policy Acquisition & Underwriting Costs	175.77	154.03	130.8	-	116.73
Selling, General & Administrative	-	-	-	-	106.76
Provision for Bad Debts	-	-	-	-	-5.04
Other Operating Expenses	49.54	41.76	39.7	36	8.31
Total Operating Expenses	546.32	496.83	438.14	1,076	490.33
Operating Income	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	149.2	119.08	126.29	55.8	71.01
Pretax Income	149.2	119.08	126.29	55.8	71.01
Income Tax Expense	10.76	8.33	-	-	-
Net Income	138.44	110.75	126.29	55.8	71.01
Net Income to Common	138.44	110.75	126.29	55.8	71.01
Net Income Growth	25.00%	-12.31%	126.33%	-21.41%	-34.43%
Shares Outstanding (Basic)	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150
Shares Change (YoY)	-0.29%	-	-	-	-
EPS (Basic)	0.93	0.74	0.84	0.37	0.47
EPS (Diluted)	0.93	0.74	0.84	0.37	0.47
EPS Growth	25.37%	-12.31%	126.33%	-21.41%	-34.43%
Free Cash Flow	218.55	-24.45	-12.56	59.67	27.25
Free Cash Flow Per Share	1.46	-0.16	-0.08	0.40	0.18
Dividend Per Share	0.600	0.500	0.550	0.500	0.500
Dividend Growth	20.00%	-9.09%	10.00%	-	-16.67%
Operating Margin	21.45%	19.33%	22.38%	4.93%	13.03%
Profit Margin	19.91%	17.98%	22.38%	4.93%	12.60%
Free Cash Flow Margin	31.42%	-3.97%	-2.23%	5.27%	4.83%
EBITDA	153.42	122.66	129.83	59.97	78.68
EBITDA Margin	22.06%	19.92%	23.00%	5.30%	13.96%
D&A For EBITDA	4.22	3.58	3.54	4.17	5.23
EBIT	149.2	119.08	126.29	55.8	73.45
EBIT Margin	21.45%	19.33%	22.38%	4.93%	13.03%
Effective Tax Rate	7.21%	7.00%	-	-	-

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