ADX:RAKNIC 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	322.39	313.94	289.38	261.17	284.04	275.19
Total Interest & Dividend Income	17.66	18.92	16.48	25.15	4.35	9.43
Gain (Loss) on Sale of Investments	1.88	1.19	-0.23	0.39	-	1.09
Other Revenue	2.95	3.95	3.32	3.14	3.65	19.92
Total Revenue	344.88	338	308.94	289.84	292.03	305.63
Revenue Growth (YoY)	8.06%	9.40%	6.59%	-0.75%	-4.45%	-22.30%
Policy Benefits	185.45	188.83	195.29	261.01	318.61	166.79
Policy Acquisition & Underwriting Costs	88.85	88.62	83.66	-	-	76.34
Selling, General & Administrative	0.61	0.61	0.41	0.41	0.45	55.28
Provision for Bad Debts	-	-	-	-	-	0.19
Other Operating Expenses	15.46	11.71	12.65	13.88	8.45	-
Total Operating Expenses	290.37	289.77	292.02	275.3	327.5	298.59
Operating Income	54.52	48.23	16.93	14.54	-35.46	7.04
Other Non Operating Income (Expenses)	-	-	-	-	-	-1.37
EBT Excluding Unusual Items	54.52	48.23	16.93	14.54	-35.46	5.67
Gain (Loss) on Sale of Assets	-	-	-	-	-	4.81
Pretax Income	54.52	48.23	16.93	14.54	-35.46	10.47
Income Tax Expense	5.61	5.04	1.49	-	-	-
Net Income	48.9	43.19	15.44	14.54	-35.46	10.47
Net Income to Common	48.9	43.19	15.44	14.54	-35.46	10.47
Net Income Growth	112.43%	179.78%	6.17%	-	-	-22.29%
Shares Outstanding (Basic)	121	121	121	121	121	121
Shares Outstanding (Diluted)	121	121	121	121	121	121
EPS (Basic)	0.40	0.36	0.13	0.12	-0.29	0.09
EPS (Diluted)	0.40	0.36	0.13	0.12	-0.29	0.09
EPS Growth	112.43%	179.78%	6.17%	-	-	-22.29%
Free Cash Flow	88.77	36.62	78.85	-14.86	13.57	24.66
Free Cash Flow Per Share	0.73	0.30	0.65	-0.12	0.11	0.20
Dividend Per Share	-	-	-	-	-	0.080
Operating Margin	15.81%	14.27%	5.48%	5.02%	-12.14%	2.30%
Profit Margin	14.18%	12.78%	5.00%	5.02%	-12.14%	3.43%
Free Cash Flow Margin	25.74%	10.83%	25.52%	-5.13%	4.65%	8.07%
EBITDA	54.87	48.56	17.29	15.25	-34.6	8.19
EBITDA Margin	15.91%	14.37%	5.60%	5.26%	-11.85%	2.68%
D&A For EBITDA	0.35	0.33	0.37	0.71	0.86	1.16
EBIT	54.52	48.23	16.93	14.54	-35.46	7.04
EBIT Margin	15.81%	14.27%	5.48%	5.02%	-12.14%	2.30%
Effective Tax Rate	10.29%	10.44%	8.79%	-	-	-

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