Al-Nisr Al-Arabi Insurance Company (ASE:AAIN)

ASE:AAIN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	30.87	31.7	28.7	36.89	26.26	23.24
Total Interest & Dividend Income	3.94	3.56	3.23	1.72	5.25	4.81
Gain (Loss) on Sale of Investments	-0	-	-	0.02	-	-
Other Revenue	0.05	0.03	0.05	0.28	0.88	0.86
Total Revenue	34.87	35.28	31.97	38.9	32.39	28.92
Revenue Growth (YoY)	6.72%	10.35%	-17.82%	20.10%	12.03%	-1.67%
Policy Benefits	28.47	28.25	24.54	30.76	20.64	16.69
Policy Acquisition & Underwriting Costs	-	-	-	-	2.07	2.02
Depreciation & Amortization	0.18	0.21	0.24	0.23	0.24	0.25
Selling, General & Administrative	0.58	0.62	0.57	0.39	1.27	1.44
Provision for Bad Debts	-	-	-	-	-	0.01
Other Operating Expenses	0.19	0.2	0.03	0.11	0.8	0.46
Total Operating Expenses	29.42	29.28	25.38	31.49	28.57	24.78
Operating Income	5.45	6	6.59	7.41	3.82	4.13
EBT Excluding Unusual Items	5.45	6	6.59	7.41	3.82	4.13
Pretax Income	5.45	6	6.59	7.41	3.82	4.13
Income Tax Expense	0.93	0.92	1.85	0.72	0.89	1.07
Net Income	4.52	5.09	4.74	6.69	2.93	3.06
Net Income to Common	4.52	5.09	4.74	6.69	2.93	3.06
Net Income Growth	-8.82%	7.29%	-29.13%	128.54%	-4.44%	7.76%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
EPS (Basic)	0.28	0.32	0.30	0.42	0.18	0.19
EPS (Diluted)	0.28	0.32	0.30	0.42	0.18	0.19
EPS Growth	-8.82%	7.29%	-29.13%	128.54%	-4.44%	7.76%
Free Cash Flow	1.6	2.79	4.66	7.96	8.95	8.75
Free Cash Flow Per Share	0.10	0.17	0.29	0.50	0.56	0.55
Dividend Per Share	0.469	0.469	-	0.156	0.188	0.188
Dividend Growth	-	-	-	-16.64%	-	19.96%
Operating Margin	15.63%	17.01%	20.61%	19.05%	11.79%	14.29%
Profit Margin	12.96%	14.41%	14.82%	17.19%	9.03%	10.59%
Free Cash Flow Margin	4.59%	7.91%	14.59%	20.46%	27.62%	30.25%
EBITDA	5.53	6.11	6.74	7.6	4.06	4.38
EBITDA Margin	15.87%	17.33%	21.09%	19.53%	12.55%	15.16%
D&A For EBITDA	0.08	0.11	0.15	0.19	0.24	0.25
EBIT	5.45	6	6.59	7.41	3.82	4.13
EBIT Margin	15.63%	17.01%	20.61%	19.05%	11.79%	14.29%
Effective Tax Rate	17.11%	15.25%	28.07%	9.75%	23.40%	25.90%
Revenue as Reported	7.34	7.97	6.99	1.32	-	-

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