Middle East Insurance Co. (ASE: MEIN)
Jordan
· Delayed Price · Currency is JOD 1.390
+0.060 (4.51%)
At close: Sep 29, 2024
Middle East Insurance Co. Income Statement
Financials in millions JOD. Fiscal year is January - December.
Millions JOD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 50.16 | 48.81 | 44.14 | 17.81 | 19.12 | 19.41 | Upgrade
|
| Total Interest & Dividend Income | 2.18 | 2.42 | 2.03 | 1.97 | 1.46 | 1.95 | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.4 | -0.4 | 1.47 | 1.73 | -0.79 | -0.5 | Upgrade
|
| Other Revenue | -1.11 | - | - | 2.18 | 2.28 | 2.78 | Upgrade
|
| Total Revenue | 50.83 | 50.83 | 47.65 | 23.7 | 22.06 | 23.63 | Upgrade
|
| Revenue Growth (YoY) | -17.78% | 6.67% | 101.08% | 7.41% | -6.66% | -0.04% | Upgrade
|
| Policy Benefits | 49.7 | 47.35 | 42.81 | 12.47 | 12.83 | 14.27 | Upgrade
|
| Policy Acquisition & Underwriting Costs | - | - | - | 1.61 | 1.63 | 1.63 | Upgrade
|
| Depreciation & Amortization | 0.6 | 0.6 | 0.65 | 0.65 | 0.65 | 0.65 | Upgrade
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| Selling, General & Administrative | -0.34 | 0.26 | 0.24 | 1.77 | 1.72 | 1.62 | Upgrade
|
| Provision for Bad Debts | 0.09 | 0.09 | - | 0.45 | 0.3 | - | Upgrade
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| Other Operating Expenses | 0.12 | 0.17 | 0.14 | 0.22 | 0.26 | 0.36 | Upgrade
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| Total Operating Expenses | 49.09 | 49.15 | 44.47 | 20.9 | 21.26 | 22.3 | Upgrade
|
| Operating Income | 1.74 | 1.68 | 3.17 | 2.8 | 0.8 | 1.34 | Upgrade
|
| Interest Expense | - | - | - | -0.01 | -0.01 | - | Upgrade
|
| Currency Exchange Gain (Loss) | 0.09 | 0.09 | -0.16 | -0.05 | 0.08 | 0.01 | Upgrade
|
| Other Non Operating Income (Expenses) | -0.06 | 0 | 0.01 | -0.02 | 0.28 | - | Upgrade
|
| EBT Excluding Unusual Items | 1.77 | 1.78 | 3.02 | 2.71 | 1.14 | 1.35 | Upgrade
|
| Other Unusual Items | -0.08 | -0.08 | - | - | - | - | Upgrade
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| Pretax Income | 1.69 | 1.69 | 3.02 | 2.71 | 1.14 | 1.35 | Upgrade
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| Income Tax Expense | 0.77 | 0.83 | 0.67 | 1.08 | 0.13 | 0.14 | Upgrade
|
| Net Income | 0.92 | 0.87 | 2.34 | 1.63 | 1.01 | 1.21 | Upgrade
|
| Net Income to Common | 0.92 | 0.87 | 2.34 | 1.63 | 1.01 | 1.21 | Upgrade
|
| Net Income Growth | -46.69% | -62.99% | 43.43% | 61.39% | -16.62% | -17.50% | Upgrade
|
| Shares Outstanding (Basic) | 22 | 22 | 22 | 22 | 22 | 22 | Upgrade
|
| Shares Outstanding (Diluted) | 22 | 22 | 22 | 22 | 22 | 22 | Upgrade
|
| Shares Change (YoY) | -0.97% | - | - | - | - | - | Upgrade
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| EPS (Basic) | 0.04 | 0.04 | 0.11 | 0.07 | 0.05 | 0.06 | Upgrade
|
| EPS (Diluted) | 0.04 | 0.04 | 0.11 | 0.07 | 0.05 | 0.06 | Upgrade
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| EPS Growth | -46.17% | -62.99% | 43.43% | 61.39% | -16.60% | -17.51% | Upgrade
|
| Free Cash Flow | -0.11 | 2.88 | 4.66 | -0.04 | 1.76 | 1.12 | Upgrade
|
| Free Cash Flow Per Share | -0.01 | 0.13 | 0.21 | -0.00 | 0.08 | 0.05 | Upgrade
|
| Dividend Per Share | 0.070 | 0.070 | 0.150 | 0.100 | 0.050 | - | Upgrade
|
| Dividend Growth | -53.33% | -53.33% | 50.00% | 100.00% | - | - | Upgrade
|
| Operating Margin | 3.43% | 3.31% | 6.66% | 11.80% | 3.61% | 5.66% | Upgrade
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| Profit Margin | 1.81% | 1.70% | 4.91% | 6.89% | 4.58% | 5.13% | Upgrade
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| Free Cash Flow Margin | -0.22% | 5.66% | 9.77% | -0.16% | 7.98% | 4.72% | Upgrade
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| EBITDA | 2.31 | 2.23 | 3.77 | 3.4 | 1.39 | 1.94 | Upgrade
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| EBITDA Margin | 4.55% | 4.39% | 7.91% | 14.34% | 6.32% | 8.21% | Upgrade
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| D&A For EBITDA | 0.57 | 0.55 | 0.6 | 0.6 | 0.6 | 0.6 | Upgrade
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| EBIT | 1.74 | 1.68 | 3.17 | 2.8 | 0.8 | 1.34 | Upgrade
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| EBIT Margin | 3.43% | 3.31% | 6.66% | 11.80% | 3.61% | 5.66% | Upgrade
|
| Effective Tax Rate | 45.47% | 48.81% | 22.36% | 39.87% | 11.54% | 10.17% | Upgrade
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| Revenue as Reported | - | - | - | 23.93 | - | - | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.