Solidarity Bahrain B.S.C. (BAX:SOLID)

Arcadium Lithium Income Statement

Financials in millions BHD. 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	35.98	35.66	33.14	26.72	14.47	15.07
Total Interest & Dividend Income	3.8	3.83	2.7	2.53	2.13	1.88
Gain (Loss) on Sale of Investments	-	-	-	-	-0.26	-
Other Revenue	3.46	3.14	0.25	2.38	1.48	1.05
Total Revenue	43.24	42.63	36.09	31.63	17.82	17.99
Revenue Growth (YoY)	15.09%	18.12%	14.12%	77.47%	-0.96%	-0.80%
Policy Benefits	34.75	34.83	32.28	18.06	8.43	9.19
Policy Acquisition & Underwriting Costs	5.26	5.09	3.59	2.82	1.56	1.45
Provision for Bad Debts	-	-	-	0.11	0.04	0.16
Other Operating Expenses	-9.48	-9.99	-8.99	2.65	1.92	1.95
Total Operating Expenses	35.14	34.56	30.61	27.07	14.51	15.21
Operating Income	8.1	8.07	5.48	4.56	3.31	2.78
EBT Excluding Unusual Items	8.1	8.07	5.48	4.56	3.31	2.78
Other Unusual Items	-	-	-	-	-	0.3
Pretax Income	8.1	8.07	5.48	4.56	3.31	3.08
Net Income	8.1	8.07	5.48	4.56	3.31	3.08
Preferred Dividends & Other Adjustments	1.18	1.18	1.14	0.83	0.42	0.39
Net Income to Common	6.92	6.89	4.34	3.73	2.89	2.69
Net Income Growth	36.91%	47.25%	20.13%	37.88%	7.44%	6.06%
Shares Outstanding (Basic)	171	170	170	169	153	153
Shares Outstanding (Diluted)	171	170	170	169	153	153
Shares Change (YoY)	-3.91%	-	0.74%	10.30%	-	-
EPS (Basic)	0.04	0.04	0.03	0.02	0.02	0.02
EPS (Diluted)	0.04	0.04	0.03	0.02	0.02	0.02
EPS Growth	50.76%	58.71%	15.42%	17.34%	7.45%	2.64%
Free Cash Flow	5.37	4.09	0.95	3.12	4.15	2.79
Free Cash Flow Per Share	0.03	0.02	0.01	0.02	0.03	0.02
Dividend Per Share	-	-	0.020	0.016	0.014	0.014
Dividend Growth	-	-	24.84%	11.35%	2.92%	16.10%
Operating Margin	18.74%	18.93%	15.18%	14.42%	18.56%	15.46%
Profit Margin	16.01%	16.16%	12.03%	11.81%	16.19%	14.92%
Free Cash Flow Margin	12.41%	9.58%	2.62%	9.86%	23.28%	15.52%
EBITDA	8.52	8.42	5.67	4.7	3.58	3.03
EBITDA Margin	19.70%	19.76%	15.72%	14.86%	20.10%	16.85%
D&A For EBITDA	0.42	0.36	0.19	0.14	0.27	0.25
EBIT	8.1	8.07	5.48	4.56	3.31	2.78
EBIT Margin	18.74%	18.93%	15.18%	14.42%	18.56%	15.46%

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.