First Insurance Company (ASE:FINS)

First Insurance Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	47	43.04	35.79	34.26	30.57	22.2
Total Interest & Dividend Income	1.96	1.86	1.68	1.24	0.96	0.96
Other Revenue	9.61	10.01	9.3	0.87	0.18	3.72
Total Revenue	58.57	54.91	46.77	36.37	31.71	26.87
Revenue Growth (YoY)	39.61%	17.41%	28.60%	14.68%	18.01%	-0.85%
Policy Benefits	32.01	28.72	22.39	25.16	24.6	16.97
Policy Acquisition & Underwriting Costs	4.11	4.11	1.49	-	-	1.99
Depreciation & Amortization	0.53	0.53	0.53	0.51	1.52	0.55
Selling, General & Administrative	2.15	2.14	1.95	2.03	0.51	1.25
Provision for Bad Debts	-	-	-	-	-	0.15
Other Operating Expenses	9.79	9.54	11.13	0.24	0.03	0.12
Total Operating Expenses	54.52	50.78	41.99	32.15	30.45	24.68
Operating Income	4.05	4.13	4.78	4.22	1.26	2.2
Interest Expense	-0.7	-0.7	-0.91	-0.7	-0.38	-
Pretax Income	3.34	3.43	3.88	3.52	0.88	2.2
Income Tax Expense	-0.17	-0.01	0.76	0.61	0.49	0.1
Net Income	3.51	3.43	3.11	2.91	0.39	2.1
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.01
Net Income to Common	3.51	3.43	3.11	2.91	0.39	2.09
Net Income Growth	10.05%	10.29%	7.15%	651.28%	-81.55%	42.54%
Shares Outstanding (Basic)	28	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28	28
Shares Change (YoY)	-0.51%	-	-	-	-	-
EPS (Basic)	0.13	0.12	0.11	0.10	0.01	0.07
EPS (Diluted)	0.13	0.12	0.11	0.10	0.01	0.07
EPS Growth	10.61%	10.29%	7.15%	651.30%	-81.45%	29.33%
Free Cash Flow	5.72	5.26	1.21	3.4	6.42	1.57
Free Cash Flow Per Share	0.20	0.19	0.04	0.12	0.23	0.06
Dividend Per Share	0.050	0.050	-	-	0.040	0.040
Dividend Growth	-	-	-	-	-	14.29%
Operating Margin	6.91%	7.52%	10.23%	11.59%	3.98%	8.17%
Profit Margin	5.99%	6.25%	6.66%	7.99%	1.22%	7.76%
Free Cash Flow Margin	9.76%	9.58%	2.59%	9.35%	20.25%	5.86%
EBITDA	4.47	4.53	5.15	4.58	1.71	2.66
EBITDA Margin	7.63%	8.25%	11.01%	12.60%	5.40%	9.90%
D&A For EBITDA	0.42	0.4	0.37	0.37	0.45	0.46
EBIT	4.05	4.13	4.78	4.22	1.26	2.2
EBIT Margin	6.91%	7.52%	10.23%	11.59%	3.98%	8.17%
Effective Tax Rate	-	-	19.71%	17.36%	56.10%	4.56%

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