ADX:RAKNIC 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	313.94	289.38	261.17	284.04	275.19
Total Interest & Dividend Income	18.92	16.48	25.15	4.35	9.43
Gain (Loss) on Sale of Investments	1.19	-0.23	0.39	-	1.09
Other Revenue	3.95	3.32	3.14	3.65	19.92
Total Revenue	338	308.94	289.84	292.03	305.63
Revenue Growth (YoY)	9.40%	6.59%	-0.75%	-4.45%	-22.30%
Policy Benefits	188.83	195.29	261.01	318.61	166.79
Policy Acquisition & Underwriting Costs	88.62	83.66	-	-	76.34
Selling, General & Administrative	0.61	0.41	0.41	0.45	55.28
Provision for Bad Debts	-	-	-	-	0.19
Other Operating Expenses	11.71	12.65	13.88	8.45	-
Total Operating Expenses	289.77	292.02	275.3	327.5	298.59
Operating Income	48.23	16.93	14.54	-35.46	7.04
Other Non Operating Income (Expenses)	-	-	-	-	-1.37
EBT Excluding Unusual Items	48.23	16.93	14.54	-35.46	5.67
Gain (Loss) on Sale of Assets	-	-	-	-	4.81
Pretax Income	48.23	16.93	14.54	-35.46	10.47
Income Tax Expense	5.04	1.49	-	-	-
Net Income	43.19	15.44	14.54	-35.46	10.47
Net Income to Common	43.19	15.44	14.54	-35.46	10.47
Net Income Growth	179.78%	6.17%	-	-	-22.29%
Shares Outstanding (Basic)	121	121	121	121	121
Shares Outstanding (Diluted)	121	121	121	121	121
EPS (Basic)	0.36	0.13	0.12	-0.29	0.09
EPS (Diluted)	0.36	0.13	0.12	-0.29	0.09
EPS Growth	179.78%	6.17%	-	-	-22.29%
Free Cash Flow	36.62	78.85	-14.86	13.57	24.66
Free Cash Flow Per Share	0.30	0.65	-0.12	0.11	0.20
Dividend Per Share	-	-	-	-	0.080
Operating Margin	14.27%	5.48%	5.02%	-12.14%	2.30%
Profit Margin	12.78%	5.00%	5.02%	-12.14%	3.43%
Free Cash Flow Margin	10.83%	25.52%	-5.13%	4.65%	8.07%
EBITDA	48.56	17.29	15.25	-34.6	8.19
EBITDA Margin	14.37%	5.60%	5.26%	-11.85%	2.68%
D&A For EBITDA	0.33	0.37	0.71	0.86	1.16
EBIT	48.23	16.93	14.54	-35.46	7.04
EBIT Margin	14.27%	5.48%	5.02%	-12.14%	2.30%
Effective Tax Rate	10.44%	8.79%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.