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	48.53	50.62	28.51	27.25	28.06
Other Revenue	-	-	-	-	23.62
Total Revenue	356.25	315.74	250.55	179.69	153.04
Revenue Growth (YoY)	12.83%	26.02%	39.44%	17.42%	-7.78%
Policy Benefits	209.96	192.41	206.28	142.2	36.91
Policy Acquisition & Underwriting Costs	82.6	76.57	-	-	32.09
Selling, General & Administrative	6.83	6.45	0.74	0.88	-
Other Operating Expenses	9.01	-0.78	0.53	0.09	10.08
Total Operating Expenses	309.58	276.25	208.93	144.55	94.95
Operating Income	46.67	39.49	41.62	35.14	58.09
Other Non Operating Income (Expenses)	-	-	0.06	-	-
EBT Excluding Unusual Items	46.67	39.49	41.68	35.14	58.09
Gain (Loss) on Sale of Assets	-	-	-	-	0.16
Asset Writedown	10.17	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)	116	116	116	116	116
Shares Outstanding (Diluted)	116	116	116	116	116
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	0.13%	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	0.79	0.01	-0.20	0.49	0.28
Dividend Per Share	0.150	0.150	0.100	0.100	0.300
Dividend Growth	-	50.00%	-	-66.67%	-
Operating Margin	13.10%	12.51%	16.61%	19.55%	37.96%
Profit Margin	15.05%	16.96%	18.81%	24.34%	38.45%
Free Cash Flow Margin	25.55%	0.50%	-9.26%	31.23%	21.25%
EBITDA	48.28	40.7	42.29	35.38	58.37
EBITDA Margin	13.55%	12.89%	16.88%	19.69%	38.14%
D&A For EBITDA	1.61	1.21	0.67	0.24	0.29
EBIT	46.67	39.49	41.62	35.14	58.09
EBIT Margin	13.10%	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.