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

ADX:HAYAH Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	110.61	94.24	88.94	71.74	34.37	32.6
Total Interest & Dividend Income	4.92	5.34	4.14	4.54	3.59	4.58
Gain (Loss) on Sale of Investments	2.57	2.57	0.17	-1.62	1.65	-1.43
Other Revenue	-	-	-	-	1.24	1.11
Total Revenue	118.1	102.15	93.26	74.66	40.85	36.86
Revenue Growth (YoY)	15.84%	9.54%	24.92%	82.78%	10.82%	-10.27%
Policy Benefits	102.29	88.53	96.44	65.03	23.19	17.21
Policy Acquisition & Underwriting Costs	-	-	-	-	3.5	4.72
Selling, General & Administrative	0.48	0.48	0.16	-	13.72	12.97
Provision for Bad Debts	-	-	-	-	-0.73	-0.28
Other Operating Expenses	17.12	8.35	2.36	2.2	-	-
Total Operating Expenses	119.89	97.36	98.96	67.23	39.67	34.61
Operating Income	-1.79	4.8	-5.7	7.43	1.18	2.25
EBT Excluding Unusual Items	-1.79	4.8	-5.7	7.43	1.18	2.25
Pretax Income	-1.79	4.8	-5.7	7.43	1.18	2.25
Income Tax Expense	0.31	0.15	-	-	-	-
Net Income	-2.1	4.65	-5.7	7.43	1.18	2.25
Net Income to Common	-2.1	4.65	-5.7	7.43	1.18	2.25
Net Income Growth	-	-	-	532.09%	-47.69%	1286.42%
Shares Outstanding (Basic)	164	200	200	200	200	200
Shares Outstanding (Diluted)	164	200	200	200	200	200
Shares Change (YoY)	-89.74%	-	-	-	-	-
EPS (Basic)	-0.01	0.02	-0.03	0.04	0.01	0.01
EPS (Diluted)	-0.01	0.02	-0.03	0.04	0.01	0.01
EPS Growth	-	-	-	532.09%	-47.69%	1286.42%
Free Cash Flow	17.19	-11.27	-23.58	-15.38	7.69	0.08
Free Cash Flow Per Share	0.10	-0.06	-0.12	-0.08	0.04	-
Operating Margin	-1.51%	4.69%	-6.11%	9.95%	2.88%	6.09%
Profit Margin	-1.77%	4.55%	-6.11%	9.95%	2.88%	6.09%
Free Cash Flow Margin	14.55%	-11.04%	-25.29%	-20.59%	18.82%	0.21%
EBITDA	-0.92	5.31	-5.25	7.67	1.22	2.27
EBITDA Margin	-0.78%	5.20%	-5.62%	10.27%	2.97%	6.16%
D&A For EBITDA	0.86	0.52	0.45	0.24	0.04	0.02
EBIT	-1.79	4.8	-5.7	7.43	1.18	2.25
EBIT Margin	-1.51%	4.69%	-6.11%	9.95%	2.88%	6.09%
Effective Tax Rate	-	3.13%	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.