ASE:NAAI Income Statement

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

Millions JOD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	35.78	35.36	20.31	18.13	15.28	11.86
Total Interest & Dividend Income	0.82	0.81	0.99	0.76	0.82	0.84
Gain (Loss) on Sale of Investments	0.12	-	0.28	0.29	0.35	-
Other Revenue	-0.02	0.06	0.01	-	0.01	1.06
Total Revenue	36.69	36.23	21.58	19.18	16.45	13.76
Revenue Growth (YoY)	71.84%	67.92%	12.49%	16.61%	19.59%	-2.46%
Policy Benefits	33.72	33.79	16.07	13.36	14.8	9.44
Policy Acquisition & Underwriting Costs	-	-	2.07	1.83	-	1.33
Depreciation & Amortization	-	-	-	-	-	0.06
Selling, General & Administrative	0.34	0.32	-	-	-	0.59
Provision for Bad Debts	-	-	-	0.19	0.09	0.07
Other Operating Expenses	-	-	2.03	1.65	0.22	0.07
Total Operating Expenses	34.06	34.12	20.59	17.43	15.11	12.63
Operating Income	2.63	2.12	0.99	1.75	1.34	1.12
EBT Excluding Unusual Items	2.63	2.12	0.99	1.75	1.34	1.12
Gain (Loss) on Sale of Assets	-	-	-	0	-	-
Legal Settlements	-	-	0	0	0	0
Pretax Income	2.63	2.12	0.99	1.76	1.34	1.12
Income Tax Expense	0.52	0.41	0.13	0.42	0.37	0.2
Net Income	2.11	1.71	0.86	1.34	0.98	0.92
Net Income to Common	2.11	1.71	0.86	1.34	0.98	0.92
Net Income Growth	184.45%	97.97%	-35.37%	37.01%	6.13%	3.63%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	1.71%	-0.22%	-	-	-	-
EPS (Basic)	0.23	0.20	0.10	0.15	0.11	0.10
EPS (Diluted)	0.23	0.20	0.10	0.15	0.11	0.10
EPS Growth	179.95%	98.57%	-35.31%	36.88%	6.04%	3.63%
Free Cash Flow	4.88	3.46	-0.11	2.45	3.85	0.03
Free Cash Flow Per Share	0.54	0.39	-0.01	0.28	0.44	0.00
Dividend Per Share	-	-	-	-	0.091	0.091
Operating Margin	7.16%	5.85%	4.59%	9.13%	8.14%	8.17%
Profit Margin	5.74%	4.73%	4.01%	6.98%	5.94%	6.69%
Free Cash Flow Margin	13.29%	9.54%	-0.50%	12.78%	23.41%	0.24%
EBITDA	2.71	2.2	1.07	1.82	1.4	1.18
EBITDA Margin	7.40%	6.08%	4.98%	9.47%	8.49%	8.55%
D&A For EBITDA	0.09	0.09	0.08	0.06	0.06	0.05
EBIT	2.63	2.12	0.99	1.75	1.34	1.12
EBIT Margin	7.16%	5.85%	4.59%	9.13%	8.14%	8.17%
Effective Tax Rate	19.89%	19.18%	12.78%	23.78%	27.28%	18.10%

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