DFM:DNIR Income Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	303.51	265.12	222.04	152.44	101.37	117.72
Total Interest & Dividend Income	45.94	50.62	28.51	27.25	28.06	27.19
Other Revenue	-	-	-	-	23.62	21.03
Total Revenue	349.44	315.74	250.55	179.69	153.04	165.94
Revenue Growth (YoY)	18.68%	26.02%	39.44%	17.42%	-7.78%	-3.73%
Policy Benefits	282.63	267.41	206.28	142.2	36.91	43.7
Policy Acquisition & Underwriting Costs	3.24	-	-	-	32.09	41.46
Selling, General & Administrative	1.59	1.59	0.74	0.88	-	-
Other Operating Expenses	11.67	6.92	0.53	0.09	10.08	9.24
Total Operating Expenses	299.45	276.25	208.93	144.55	94.95	110.87
Operating Income	49.99	39.49	41.62	35.14	58.09	55.07
Other Non Operating Income (Expenses)	-	-	0.06	-	-	-
EBT Excluding Unusual Items	49.99	39.49	41.68	35.14	58.09	55.07
Gain (Loss) on Sale of Assets	-	-	-	-	0.16	-
Asset Writedown	16.93	16.93	5.44	8.59	0.58	-
Pretax Income	66.92	56.42	47.12	43.73	58.84	55.07
Income Tax Expense	4.16	2.88	-	-	-	-
Net Income	62.76	53.54	47.12	43.73	58.84	55.07
Net Income to Common	62.76	53.54	47.12	43.73	58.84	55.07
Net Income Growth	44.13%	13.63%	7.75%	-25.67%	6.83%	-5.19%
Shares Outstanding (Basic)	116	116	116	116	116	116
Shares Outstanding (Diluted)	116	116	116	116	116	116
EPS (Basic)	0.54	0.46	0.41	0.38	0.51	0.48
EPS (Diluted)	0.54	0.46	0.41	0.38	0.51	0.48
EPS Growth	44.13%	13.63%	7.75%	-25.67%	6.83%	-5.19%
Free Cash Flow	55.58	1.59	-23.21	56.11	32.51	-8.52
Free Cash Flow Per Share	0.48	0.01	-0.20	0.49	0.28	-0.07
Dividend Per Share	0.150	0.150	0.100	0.100	0.300	0.300
Dividend Growth	50.00%	50.00%	-	-66.67%	-	-14.29%
Operating Margin	14.31%	12.51%	16.61%	19.55%	37.96%	33.19%
Profit Margin	17.96%	16.96%	18.81%	24.34%	38.45%	33.19%
Free Cash Flow Margin	15.90%	0.50%	-9.26%	31.23%	21.25%	-5.13%
EBITDA	51.49	40.7	42.29	35.38	58.37	57.25
EBITDA Margin	14.73%	12.89%	16.88%	19.69%	38.14%	34.50%
D&A For EBITDA	1.5	1.21	0.67	0.24	0.29	2.17
EBIT	49.99	39.49	41.62	35.14	58.09	55.07
EBIT Margin	14.31%	12.51%	16.61%	19.55%	37.96%	33.19%
Effective Tax Rate	6.22%	5.10%	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.