Gulf Insurance Group - Jordan (ASE:GIGJ)

ASE:GIGJ 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	93.82	72.77	63.05	62.72	60.86	49.68
Total Interest & Dividend Income	4.96	3.16	2.38	1.66	3.81	3.12
Gain (Loss) on Sale of Investments	6.93	6.93	1.99	-0.42	0.43	-
Other Revenue	0.32	0.32	-	-	-0	12.78
Total Revenue	106.03	83.18	67.42	63.96	65.1	65.58
Revenue Growth (YoY)	45.97%	23.38%	5.39%	-1.75%	-0.73%	19.65%
Policy Benefits	81.46	61.55	53.67	52.06	54.79	36.97
Policy Acquisition & Underwriting Costs	-	-	-	-	-	1.99
Depreciation & Amortization	-	-	-	0.08	0.07	0.69
Selling, General & Administrative	5.4	4.9	2.13	1.92	1.71	4.7
Provision for Bad Debts	-0.1	-0.1	0.2	0.2	-	-0.04
Other Operating Expenses	-	-	-	-	-	0.39
Total Operating Expenses	86.77	66.35	56	54.26	56.58	55.78
Operating Income	19.26	16.82	11.41	9.7	8.53	9.8
Interest Expense	-	-	-	-	-0.02	-0.02
Other Non Operating Income (Expenses)	-	-	-	-	-	-0.67
EBT Excluding Unusual Items	19.26	16.82	11.41	9.7	8.51	9.11
Gain (Loss) on Sale of Assets	0.01	0.01	-0.02	0.02	-0.06	0.08
Other Unusual Items	-	-	-	-	0	-
Pretax Income	19.27	16.83	11.39	9.73	8.45	9.19
Income Tax Expense	5.37	4.85	1.31	0.2	0.56	3.94
Earnings From Continuing Ops.	13.9	11.98	10.08	9.53	7.9	5.25
Earnings From Discontinued Ops.	0	0	-0	-0.04	-0.07	-0.12
Net Income to Company	13.9	11.98	10.08	9.49	7.83	5.13
Minority Interest in Earnings	-	-	-	-	-	1.42
Net Income	13.9	11.98	10.08	9.49	7.83	6.55
Net Income to Common	13.9	11.98	10.08	9.49	7.83	6.55
Net Income Growth	15.52%	18.92%	6.20%	21.20%	19.46%	15.47%
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
Shares Change (YoY)	-	-	-	-	-	0.60%
EPS (Basic)	0.53	0.46	0.39	0.36	0.30	0.25
EPS (Diluted)	0.53	0.46	0.39	0.36	0.30	0.25
EPS Growth	15.52%	18.92%	6.20%	21.20%	19.46%	14.78%
Free Cash Flow	7.67	10.14	7.45	8.26	7.35	6.05
Free Cash Flow Per Share	0.29	0.39	0.29	0.32	0.28	0.23
Dividend Per Share	-	-	0.200	0.150	0.150	0.049
Dividend Growth	-	-	33.33%	-	206.75%	-
Operating Margin	18.16%	20.23%	16.93%	15.17%	13.10%	14.94%
Profit Margin	13.11%	14.41%	14.95%	14.83%	12.03%	9.99%
Free Cash Flow Margin	7.23%	12.19%	11.05%	12.92%	11.29%	9.22%
EBITDA	19.62	17.27	11.87	10.15	8.96	10.23
EBITDA Margin	18.51%	20.77%	17.60%	15.87%	13.76%	15.60%
D&A For EBITDA	0.36	0.45	0.45	0.45	0.43	0.44
EBIT	19.26	16.82	11.41	9.7	8.53	9.8
EBIT Margin	18.16%	20.23%	16.93%	15.17%	13.10%	14.94%
Effective Tax Rate	27.85%	28.82%	11.49%	2.06%	6.59%	42.87%
Revenue as Reported	21.62	21.62	13.75	11.91	-	-

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