ADX:SICO 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	20.13	10.45	33.18	22.79	7.35
Total Interest & Dividend Income	-2.01	6.21	11	16.61	7.67
Gain (Loss) on Sale of Investments	66.81	12.47	4.07	16.09	16.62
Other Revenue	-	-	-	-	2.86
Total Revenue	84.92	29.13	48.25	55.5	34.5
Revenue Growth (YoY)	191.50%	-39.62%	-13.06%	60.89%	13.70%
Policy Benefits	21.53	18.68	34.64	20.48	1.59
Policy Acquisition & Underwriting Costs	-	-	-	-	1.88
Selling, General & Administrative	2.81	5.09	2.2	2.36	12.36
Provision for Bad Debts	-	-	-	-	-3.88
Other Operating Expenses	-	-	-3.97	-0.34	-6.43
Total Operating Expenses	24.35	23.77	32.87	22.49	5.53
Operating Income	60.58	5.36	15.38	33.01	28.96
Interest Expense	-0.08	-0.11	-0.14	-0.49	-0.2
EBT Excluding Unusual Items	60.5	5.26	15.24	32.52	28.76
Asset Writedown	-	-	0.96	1.15	-1.5
Other Unusual Items	-	-	-	0.02	-0.03
Pretax Income	60.5	5.26	16.21	33.7	27.23
Income Tax Expense	0.7	0.25	-	-	-
Net Income	59.8	5.01	16.21	33.7	27.23
Net Income to Common	59.8	5.01	16.21	33.7	27.23
Net Income Growth	1093.93%	-69.09%	-51.91%	23.77%	131.59%
Shares Outstanding (Basic)	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150
Shares Change (YoY)	-	-	-	-	0.00%
EPS (Basic)	0.40	0.03	0.11	0.22	0.18
EPS (Diluted)	0.40	0.03	0.11	0.22	0.18
EPS Growth	1093.97%	-69.09%	-51.91%	23.77%	131.59%
Free Cash Flow	-1.9	8.26	-1.78	-1.78	6.98
Free Cash Flow Per Share	-0.01	0.06	-0.01	-0.01	0.05
Dividend Per Share	-	0.050	0.070	0.100	0.073
Dividend Growth	-	-28.57%	-30.00%	36.43%	14.17%
Operating Margin	71.33%	18.41%	31.87%	59.47%	83.96%
Profit Margin	70.42%	17.19%	33.59%	60.71%	78.92%
Free Cash Flow Margin	-2.24%	28.36%	-3.68%	-3.20%	20.23%
EBITDA	60.69	5.45	15.48	33.16	29.26
EBITDA Margin	71.47%	18.71%	32.08%	59.74%	84.83%
D&A For EBITDA	0.11	0.09	0.1	0.15	0.3
EBIT	60.58	5.36	15.38	33.01	28.96
EBIT Margin	71.33%	18.41%	31.87%	59.47%	83.96%
Effective Tax Rate	1.15%	4.70%	-	-	-

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