The Islamic Insurance Company (ASE:TIIC)

ASE:TIIC 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	25.81	23.94	22.07	18.54	22.81	21.77
Total Interest & Dividend Income	1.65	2	1.09	1.35	1.11	0.88
Gain (Loss) on Sale of Investments	0.16	0.16	0.19	0.16	0.17	0.18
Other Revenue	6.94	6.37	6.39	5.77	-	-
Total Revenue	34.55	32.47	29.73	25.82	24.09	22.83
Revenue Growth (YoY)	10.28%	9.19%	15.15%	7.20%	5.51%	-2.40%
Policy Benefits	20.88	16.3	14.26	17.03	16.42	15.19
Policy Acquisition & Underwriting Costs	0.29	0.51	0.43	-	0.73	0.7
Depreciation & Amortization	0.21	0.19	0.27	0.12	0.12	0.12
Selling, General & Administrative	1.58	2.39	2.21	0.73	0.7	0.66
Provision for Bad Debts	-0.03	0.01	-0.01	-	-0.02	0.27
Other Operating Expenses	2.92	3.24	3.15	2.45	0.57	0.58
Total Operating Expenses	30.49	29.6	27.02	23.48	21.32	20.18
Operating Income	4.07	2.87	2.72	2.35	2.77	2.65
Other Non Operating Income (Expenses)	0.01	0	0.02	-	-	-
EBT Excluding Unusual Items	4.08	2.88	2.73	2.35	2.77	2.65
Gain (Loss) on Sale of Assets	-	-	-	0	0.02	-
Pretax Income	4.05	2.88	2.73	2.35	2.79	2.65
Income Tax Expense	0.99	0.82	0.99	0.69	0.9	0.92
Net Income	3.05	2.06	1.74	1.66	1.89	1.73
Net Income to Common	3.05	2.06	1.74	1.66	1.89	1.73
Net Income Growth	67.45%	18.25%	4.97%	-12.28%	9.19%	46.75%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
Shares Change (YoY)	0.04%	-	-	-	-	-
EPS (Basic)	0.18	0.12	0.11	0.10	0.11	0.11
EPS (Diluted)	0.18	0.12	0.11	0.10	0.11	0.11
EPS Growth	67.39%	18.25%	4.97%	-12.28%	9.19%	46.75%
Free Cash Flow	4.89	2.17	6.27	3.33	2.49	2.16
Free Cash Flow Per Share	0.30	0.13	0.38	0.20	0.15	0.13
Dividend Per Share	0.100	0.100	0.091	0.073	0.073	0.073
Dividend Growth	10.01%	10.01%	25.03%	-	-	33.39%
Operating Margin	11.77%	8.84%	9.13%	9.09%	11.51%	11.63%
Profit Margin	8.83%	6.35%	5.86%	6.43%	7.85%	7.59%
Free Cash Flow Margin	14.15%	6.69%	21.10%	12.88%	10.34%	9.47%
EBITDA	4.27	3.05	2.83	2.44	2.87	2.76
EBITDA Margin	12.35%	9.40%	9.53%	9.44%	11.93%	12.07%
D&A For EBITDA	0.2	0.18	0.12	0.09	0.1	0.1
EBIT	4.07	2.87	2.72	2.35	2.77	2.65
EBIT Margin	11.77%	8.84%	9.13%	9.09%	11.51%	11.63%
Effective Tax Rate	24.57%	28.36%	36.25%	29.27%	32.16%	34.71%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.