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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	24.99	23.94	22.07	18.54	22.81	21.77
Total Interest & Dividend Income	1.9	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	6.74	6.37	6.39	5.77	-	-
Total Revenue	33.78	32.47	29.73	25.82	24.09	22.83
Revenue Growth (YoY)	10.30%	9.19%	15.15%	7.20%	5.51%	-2.40%
Policy Benefits	16.42	16.3	14.26	17.03	16.42	15.19
Policy Acquisition & Underwriting Costs	0.49	0.51	0.43	-	0.73	0.7
Depreciation & Amortization	0.2	0.19	0.27	0.12	0.12	0.12
Selling, General & Administrative	2.54	2.39	2.21	0.73	0.7	0.66
Provision for Bad Debts	0.01	0.01	-0.01	-	-0.02	0.27
Other Operating Expenses	5.16	3.24	3.15	2.45	0.57	0.58
Total Operating Expenses	31.88	29.6	27.02	23.48	21.32	20.18
Operating Income	1.9	2.87	2.72	2.35	2.77	2.65
Other Non Operating Income (Expenses)	-0.01	0	0.02	-	-	-
EBT Excluding Unusual Items	1.89	2.88	2.73	2.35	2.77	2.65
Gain (Loss) on Sale of Assets	-	-	-	0	0.02	-
Pretax Income	1.89	2.88	2.73	2.35	2.79	2.65
Income Tax Expense	0.72	0.82	0.99	0.69	0.9	0.92
Net Income	1.17	2.06	1.74	1.66	1.89	1.73
Net Income to Common	1.17	2.06	1.74	1.66	1.89	1.73
Net Income Growth	-31.98%	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
EPS (Basic)	0.07	0.12	0.11	0.10	0.11	0.11
EPS (Diluted)	0.07	0.12	0.11	0.10	0.11	0.11
EPS Growth	-31.98%	18.25%	4.97%	-12.28%	9.19%	46.75%
Free Cash Flow	3.56	2.17	6.27	3.33	2.49	2.16
Free Cash Flow Per Share	0.22	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	5.63%	8.84%	9.13%	9.09%	11.51%	11.63%
Profit Margin	3.46%	6.35%	5.86%	6.43%	7.85%	7.59%
Free Cash Flow Margin	10.53%	6.69%	21.10%	12.88%	10.34%	9.47%
EBITDA	2.09	3.05	2.83	2.44	2.87	2.76
EBITDA Margin	6.20%	9.40%	9.53%	9.44%	11.93%	12.07%
D&A For EBITDA	0.19	0.18	0.12	0.09	0.1	0.1
EBIT	1.9	2.87	2.72	2.35	2.77	2.65
EBIT Margin	5.63%	8.84%	9.13%	9.09%	11.51%	11.63%
Effective Tax Rate	38.21%	28.36%	36.25%	29.27%	32.16%	34.71%

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