HAYAH Insurance Company P.J.S.C. (ADX:HAYAH)

ADX:HAYAH Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	94.24	88.94	71.74	34.37	32.6
Total Interest & Dividend Income	-	4.14	4.54	3.59	4.58
Gain (Loss) on Sale of Investments	-	0.17	-1.62	1.65	-1.43
Other Revenue	7.91	-	-	1.24	1.11
Total Revenue	102.15	93.26	74.66	40.85	36.86
Revenue Growth (YoY)	9.54%	24.92%	82.78%	10.82%	-10.27%
Policy Benefits	88.53	96.44	65.03	23.19	17.21
Policy Acquisition & Underwriting Costs	-	-	-	3.5	4.72
Selling, General & Administrative	-	-	-	13.72	12.97
Provision for Bad Debts	-	-	-	-0.73	-0.28
Other Operating Expenses	8.83	2.52	2.2	-	-
Total Operating Expenses	97.36	98.96	67.23	39.67	34.61
Operating Income	4.8	-5.7	7.43	1.18	2.25
EBT Excluding Unusual Items	4.8	-5.7	7.43	1.18	2.25
Pretax Income	4.8	-5.7	7.43	1.18	2.25
Income Tax Expense	0.15	-	-	-	-
Net Income	4.65	-5.7	7.43	1.18	2.25
Net Income to Common	4.65	-5.7	7.43	1.18	2.25
Net Income Growth	-	-	532.09%	-47.69%	1286.42%
Shares Outstanding (Basic)	202	200	200	200	200
Shares Outstanding (Diluted)	202	200	200	200	200
Shares Change (YoY)	0.98%	-	-	-	-
EPS (Basic)	0.02	-0.03	0.04	0.01	0.01
EPS (Diluted)	0.02	-0.03	0.04	0.01	0.01
EPS Growth	-	-	532.09%	-47.69%	1286.42%
Free Cash Flow	-11.27	-23.58	-15.38	7.69	0.08
Free Cash Flow Per Share	-0.06	-0.12	-0.08	0.04	-
Operating Margin	4.69%	-6.11%	9.95%	2.88%	6.09%
Profit Margin	4.55%	-6.11%	9.95%	2.88%	6.09%
Free Cash Flow Margin	-11.04%	-25.29%	-20.59%	18.82%	0.21%
EBITDA	6.16	-5.25	7.67	1.22	2.27
EBITDA Margin	6.03%	-5.62%	10.27%	2.97%	6.16%
D&A For EBITDA	1.37	0.45	0.24	0.04	0.02
EBIT	4.8	-5.7	7.43	1.18	2.25
EBIT Margin	4.69%	-6.11%	9.95%	2.88%	6.09%
Effective Tax Rate	3.13%	-	-	-	-

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.