Sukoon Insurance PJSC 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	3,014	2,400	1,962	1,741	1,554
Total Interest & Dividend Income	234	192.56	147.11	123.64	121.91
Gain (Loss) on Sale of Investments	0.2	-0.22	1.32	-2.46	3.3
Total Revenue	3,248	2,592	2,108	1,862	1,679
Revenue Growth (YoY)	25.32%	22.97%	13.20%	10.91%	-3.87%
Policy Benefits	2,047	1,563	1,238	1,020	1,099
Policy Acquisition & Underwriting Costs	710.08	606.82	540.26	469.01	327.29
Selling, General & Administrative	127.8	116.66	112.36	106.85	284.88
Provision for Bad Debts	-	-	-	-	23.91
Other Operating Expenses	-3.6	-2.51	-17.65	0.5	-24.65
Reinsurance Income or Expense	-	-	-	-	228.61
Total Operating Expenses	2,881	2,284	1,873	1,596	1,481
Operating Income	367.09	307.44	234.81	266.09	197.39
Interest Expense	-4.17	-5.09	-3.24	-	-
Currency Exchange Gain (Loss)	-	-	-	-89	-
Other Non Operating Income (Expenses)	31.15	-0.32	-6.99	22.18	-
EBT Excluding Unusual Items	394.06	302.04	224.59	199.27	197.39
Gain (Loss) on Sale of Assets	-0.05	-20.47	-	63.04	-3.57
Asset Writedown	33.92	9.93	26.08	2.01	13.11
Other Unusual Items	-	-	7.69	-	-
Pretax Income	427.93	291.49	258.36	264.32	206.94
Income Tax Expense	63.04	24.66	0.97	5.01	0.81
Earnings From Continuing Ops.	364.88	266.83	257.39	259.31	206.13
Minority Interest in Earnings	-1.89	-1.12	-0.52	-	0.27
Net Income	362.99	265.71	256.87	259.31	206.39
Net Income to Common	362.99	265.71	256.87	259.31	206.39
Net Income Growth	36.61%	3.44%	-0.94%	25.64%	6.25%
Shares Outstanding (Basic)	462	462	462	462	462
Shares Outstanding (Diluted)	462	462	462	462	462
EPS (Basic)	0.79	0.58	0.56	0.56	0.45
EPS (Diluted)	0.79	0.58	0.56	0.56	0.45
EPS Growth	36.61%	3.44%	-0.94%	25.64%	6.25%
Free Cash Flow	703.88	611.91	252.43	290.79	39.89
Free Cash Flow Per Share	1.52	1.32	0.55	0.63	0.09
Dividend Per Share	-	0.200	0.200	0.200	0.200
Operating Margin	11.30%	11.86%	11.14%	14.29%	11.76%
Profit Margin	11.18%	10.25%	12.19%	13.93%	12.29%
Free Cash Flow Margin	21.67%	23.61%	11.98%	15.62%	2.38%
EBITDA	387.67	326.89	254.09	286.63	203.29
EBITDA Margin	11.94%	12.61%	12.05%	15.39%	12.11%
D&A For EBITDA	20.58	19.45	19.28	20.54	5.89
EBIT	367.09	307.44	234.81	266.09	197.39
EBIT Margin	11.30%	11.86%	11.14%	14.29%	11.76%
Effective Tax Rate	14.73%	8.46%	0.38%	1.90%	0.39%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.