Middle East Insurance Co. (ASE:MEIN)

Middle East Insurance Co. 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	46.38	25.44	23.39	44.14	17.81	19.12
Total Interest & Dividend Income	4.26	2.19	2.42	2.03	1.97	1.46
Gain (Loss) on Sale of Investments	-0.67	-0.67	-0.4	1.47	1.73	-0.79
Other Revenue	0.01	0	-	-	2.18	2.28
Total Revenue	49.97	26.96	25.41	47.65	23.7	22.06
Revenue Growth (YoY)	295.18%	6.10%	-46.67%	101.08%	7.41%	-6.66%
Policy Benefits	41.8	18.04	17.02	42.81	12.47	12.83
Policy Acquisition & Underwriting Costs	2.01	2.01	1.58	-	1.61	1.63
Depreciation & Amortization	0.26	0.4	0.6	0.65	0.65	0.65
Selling, General & Administrative	3.31	6.1	5.2	0.24	1.77	1.72
Provision for Bad Debts	-	-	0.09	-	0.45	0.3
Other Operating Expenses	-1.53	-0.97	-1.43	0.14	0.22	0.26
Total Operating Expenses	46.37	26.23	23.73	44.47	20.9	21.26
Operating Income	3.6	0.73	1.68	3.17	2.8	0.8
Interest Expense	-	-	-	-	-0.01	-0.01
Currency Exchange Gain (Loss)	-0.07	-0.07	0.09	-0.16	-0.05	0.08
Other Non Operating Income (Expenses)	-0.07	0.01	0	0.01	-0.02	0.28
EBT Excluding Unusual Items	3.46	0.68	1.78	3.02	2.71	1.14
Gain (Loss) on Sale of Assets	0	0	-	-	-	-
Other Unusual Items	-0.04	-0.04	-0.08	-	-	-
Pretax Income	3.42	0.64	1.69	3.02	2.71	1.14
Income Tax Expense	0.65	0.12	0.83	0.67	1.08	0.13
Net Income	2.77	0.52	0.87	2.34	1.63	1.01
Net Income to Common	2.77	0.52	0.87	2.34	1.63	1.01
Net Income Growth	202.28%	-39.83%	-62.99%	43.43%	61.39%	-16.62%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
EPS (Basic)	0.12	0.02	0.04	0.11	0.07	0.05
EPS (Diluted)	0.12	0.02	0.04	0.11	0.07	0.05
EPS Growth	198.83%	-39.83%	-63.00%	43.43%	61.39%	-16.60%
Free Cash Flow	1.55	0.46	2.88	4.66	-0.04	1.76
Free Cash Flow Per Share	0.07	0.02	0.13	0.21	-0.00	0.08
Dividend Per Share	0.070	0.070	0.070	0.150	0.100	0.050
Dividend Growth	-	-	-53.33%	50.00%	100.00%	-
Operating Margin	7.21%	2.72%	6.62%	6.66%	11.80%	3.61%
Profit Margin	5.55%	1.93%	3.41%	4.91%	6.89%	4.58%
Free Cash Flow Margin	3.11%	1.69%	11.31%	9.77%	-0.16%	7.98%
EBITDA	3.94	1.1	2.23	3.77	3.4	1.39
EBITDA Margin	7.89%	4.06%	8.79%	7.91%	14.34%	6.32%
D&A For EBITDA	0.34	0.36	0.55	0.6	0.6	0.6
EBIT	3.6	0.73	1.68	3.17	2.8	0.8
EBIT Margin	7.21%	2.72%	6.62%	6.66%	11.80%	3.61%
Effective Tax Rate	19.01%	18.23%	48.81%	22.36%	39.87%	11.54%
Revenue as Reported	-	-	-	-	23.93	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.