Al-Ahleia Insurance Company S.A.K.P. (KWSE:AINS)

KWSE:AINS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	116.64	109.49	103.22	85.51	85.65	73.83
Total Interest & Dividend Income	17.37	12.59	10.04	12.13	6.61	5.88
Gain (Loss) on Sale of Investments	0.05	0.94	-0.57	3.2	2.17	-1.46
Other Revenue	0.1	0.95	2.01	0.35	6.35	7.35
Total Revenue	134.17	123.96	114.7	101.19	100.77	85.6
Revenue Growth (YoY)	8.77%	8.07%	13.35%	0.41%	17.72%	6.53%
Policy Benefits	90.97	77.74	66.5	70.39	62.79	54.14
Policy Acquisition & Underwriting Costs	6.41	12.53	16.39	7.68	14.43	12.48
Selling, General & Administrative	6.57	5.19	3.95	4.17	8.56	7.26
Provision for Bad Debts	-	-	-	-	0.05	0.15
Other Operating Expenses	4.74	3.5	5.9	0.78	0.39	0.33
Total Operating Expenses	108.92	98.96	92.74	83.02	86.21	74.36
Operating Income	25.24	25	21.96	18.17	14.56	11.24
Earnings From Equity Investments	-	-	-	-	0.28	2.26
Currency Exchange Gain (Loss)	0.67	-0.35	-0.48	-0.67	-	-
Other Non Operating Income (Expenses)	-0.26	-0.25	-0.22	-0.18	-0.14	-0.11
EBT Excluding Unusual Items	25.71	24.4	21.26	17.32	14.7	13.39
Asset Writedown	0.01	0.01	0.03	0.01	0	-0.01
Pretax Income	25.72	24.41	21.28	17.32	14.7	13.38
Income Tax Expense	0.24	0.21	0.23	0.2	0.16	0.13
Earnings From Continuing Ops.	25.48	24.2	21.05	17.13	14.55	13.25
Minority Interest in Earnings	-2.21	-1.54	-1.03	-0.71	-0.58	-1.07
Net Income	23.27	22.65	20.03	16.42	13.97	12.18
Net Income to Common	23.27	22.65	20.03	16.42	13.97	12.18
Net Income Growth	5.58%	13.11%	21.99%	17.55%	14.62%	18.95%
Shares Outstanding (Basic)	232	232	232	232	232	232
Shares Outstanding (Diluted)	232	232	232	232	232	232
Shares Change (YoY)	-0.03%	0.00%	-	-	-	-
EPS (Basic)	0.10	0.10	0.09	0.07	0.06	0.05
EPS (Diluted)	0.10	0.10	0.09	0.07	0.06	0.05
EPS Growth	5.62%	13.11%	21.99%	17.55%	14.62%	18.95%
Free Cash Flow	36.15	48.58	34.44	21.85	28.09	31.26
Free Cash Flow Per Share	0.16	0.21	0.15	0.09	0.12	0.14
Dividend Per Share	0.013	0.013	0.028	0.037	0.033	0.022
Dividend Growth	-53.21%	-53.21%	-25.13%	14.37%	46.64%	5.69%
Operating Margin	18.82%	20.17%	19.14%	17.95%	14.45%	13.13%
Profit Margin	17.34%	18.27%	17.46%	16.23%	13.86%	14.23%
Free Cash Flow Margin	26.94%	39.19%	30.03%	21.59%	27.88%	36.52%
EBITDA	25.65	25.22	22.1	18.3	14.82	11.53
EBITDA Margin	19.12%	20.35%	19.27%	18.09%	14.70%	13.47%
D&A For EBITDA	0.41	0.22	0.14	0.14	0.26	0.28
EBIT	25.24	25	21.96	18.17	14.56	11.24
EBIT Margin	18.82%	20.17%	19.14%	17.95%	14.45%	13.13%
Effective Tax Rate	0.94%	0.87%	1.08%	1.13%	1.06%	0.98%
Revenue as Reported	-	-	-	-	102.3	90.29

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