DFM:NGI 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	548.23	505.56	390.99	327.62	283.86	263.66
Total Interest & Dividend Income	64.28	89.2	42.34	29.23	22.81	17.56
Gain (Loss) on Sale of Investments	21.21	15.13	3	-12.05	33.54	6.52
Other Revenue	-	-	-	-	46.01	49.72
Total Revenue	633.72	609.89	436.33	344.8	386.22	337.46
Revenue Growth (YoY)	8.74%	39.78%	26.55%	-10.72%	14.45%	12.41%
Policy Benefits	341.54	330.1	266.51	185.43	190.08	176.98
Policy Acquisition & Underwriting Costs	128.68	116.62	88.87	81.03	51.46	39.24
Selling, General & Administrative	-	-	-	-	73.89	75.13
Other Operating Expenses	29.99	25.06	6.07	17.8	-	-
Total Operating Expenses	500.21	471.78	361.45	284.26	315.43	291.35
Operating Income	133.51	138.11	74.88	60.54	70.79	46.11
EBT Excluding Unusual Items	133.51	138.11	74.88	60.54	70.79	46.11
Pretax Income	133.51	138.11	74.88	60.54	70.79	46.11
Income Tax Expense	9.13	10.61	-	-	-	-
Net Income	124.38	127.5	74.88	60.54	70.79	46.11
Net Income to Common	124.38	127.5	74.88	60.54	70.79	46.11
Net Income Growth	2.48%	70.27%	23.69%	-14.48%	53.52%	164.10%
Shares Outstanding (Basic)	165	165	165	165	165	165
Shares Outstanding (Diluted)	165	165	165	165	165	165
EPS (Basic)	0.75	0.77	0.45	0.37	0.43	0.28
EPS (Diluted)	0.75	0.77	0.45	0.37	0.43	0.28
EPS Growth	2.48%	70.27%	23.69%	-14.48%	53.52%	164.11%
Free Cash Flow	226.49	26.76	156.84	36.48	81.56	57.9
Free Cash Flow Per Share	1.37	0.16	0.95	0.22	0.49	0.35
Dividend Per Share	0.450	0.450	0.227	0.227	0.273	0.136
Dividend Growth	97.98%	97.98%	-	-16.65%	99.93%	50.06%
Operating Margin	21.07%	22.65%	17.16%	17.56%	18.33%	13.66%
Profit Margin	19.63%	20.91%	17.16%	17.56%	18.33%	13.66%
Free Cash Flow Margin	35.74%	4.39%	35.95%	10.58%	21.12%	17.16%
EBITDA	135.5	139.89	76.66	62.18	72.27	47.62
EBITDA Margin	21.38%	22.94%	17.57%	18.04%	18.71%	14.11%
D&A For EBITDA	1.99	1.78	1.78	1.65	1.48	1.51
EBIT	133.51	138.11	74.88	60.54	70.79	46.11
EBIT Margin	21.07%	22.65%	17.16%	17.56%	18.33%	13.66%
Effective Tax Rate	6.84%	7.69%	-	-	-	-

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