DFM:DNIR Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	307.72	265.12	222.04	152.44	101.37
Total Interest & Dividend Income	54.04	50.62	28.51	27.25	28.06
Other Revenue	4.66	-	-	-	23.62
Total Revenue	366.42	315.74	250.55	179.69	153.04
Revenue Growth (YoY)	16.05%	26.02%	39.44%	17.42%	-7.78%
Policy Benefits	299.81	267.41	206.28	142.2	36.91
Policy Acquisition & Underwriting Costs	-	-	-	-	32.09
Selling, General & Administrative	-	1.59	0.74	0.88	-
Other Operating Expenses	9.77	6.92	0.53	0.09	10.08
Total Operating Expenses	309.58	276.25	208.93	144.55	94.95
Operating Income	56.85	39.49	41.62	35.14	58.09
Other Non Operating Income (Expenses)	-	-	0.06	-	-
EBT Excluding Unusual Items	56.85	39.49	41.68	35.14	58.09
Gain (Loss) on Sale of Assets	-	-	-	-	0.16
Asset Writedown	-	16.93	5.44	8.59	0.58
Pretax Income	56.85	56.42	47.12	43.73	58.84
Income Tax Expense	3.23	2.88	-	-	-
Net Income	53.62	53.54	47.12	43.73	58.84
Net Income to Common	53.62	53.54	47.12	43.73	58.84
Net Income Growth	0.13%	13.63%	7.75%	-25.67%	6.83%
Shares Outstanding (Basic)	117	116	116	116	116
Shares Outstanding (Diluted)	117	116	116	116	116
Shares Change (YoY)	0.92%	-	-	-	-
EPS (Basic)	0.46	0.46	0.41	0.38	0.51
EPS (Diluted)	0.46	0.46	0.41	0.38	0.51
EPS Growth	-0.77%	13.63%	7.75%	-25.67%	6.83%
Free Cash Flow	91.02	1.59	-23.21	56.11	32.51
Free Cash Flow Per Share	0.78	0.01	-0.20	0.49	0.28
Dividend Per Share	-	0.150	0.100	0.100	0.300
Dividend Growth	-	50.00%	-	-66.67%	-
Operating Margin	15.51%	12.51%	16.61%	19.55%	37.96%
Profit Margin	14.63%	16.96%	18.81%	24.34%	38.45%
Free Cash Flow Margin	24.84%	0.50%	-9.26%	31.23%	21.25%
EBITDA	58.45	40.7	42.29	35.38	58.37
EBITDA Margin	15.95%	12.89%	16.88%	19.69%	38.14%
D&A For EBITDA	1.61	1.21	0.67	0.24	0.29
EBIT	56.85	39.49	41.62	35.14	58.09
EBIT Margin	15.51%	12.51%	16.61%	19.55%	37.96%
Effective Tax Rate	5.68%	5.10%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.