KWSE:AINS Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	114.38	119.78	109.49	103.22	85.51	85.65
Total Interest & Dividend Income	7.9	14.17	12.59	10.04	12.13	6.61
Gain (Loss) on Sale of Investments	2.41	2.41	0.94	-0.57	3.2	2.17
Other Revenue	-2.75	-2.75	0.95	2.01	0.35	6.35
Total Revenue	121.93	133.61	123.96	114.7	101.19	100.77
Revenue Growth (YoY)	-3.94%	7.79%	8.07%	13.35%	0.41%	17.72%
Policy Benefits	74.38	80.61	77.74	66.5	70.39	62.79
Policy Acquisition & Underwriting Costs	17.67	17.67	12.53	16.39	7.68	14.43
Depreciation & Amortization	0.41	0.4	0.22	-	-	-
Selling, General & Administrative	4.96	4.99	4.89	3.95	4.17	8.56
Provision for Bad Debts	-	-	-	-	-	0.05
Other Operating Expenses	2.34	2.66	3.5	5.9	0.78	0.39
Total Operating Expenses	99.77	106.34	98.87	92.74	83.02	86.21
Operating Income	22.17	27.27	25.08	21.96	18.17	14.56
Interest Expense	-0.14	-0.03	-0.08	-	-	-
Earnings From Equity Investments	-	-	-	-	-	0.28
Currency Exchange Gain (Loss)	1.15	1.18	-0.35	-0.48	-0.67	-
Other Non Operating Income (Expenses)	-0.23	-0.28	-0.25	-0.22	-0.18	-0.14
EBT Excluding Unusual Items	22.95	28.14	24.4	21.26	17.32	14.7
Asset Writedown	0.01	0.01	0.01	0.03	0.01	0
Pretax Income	22.96	28.15	24.41	21.28	17.32	14.7
Income Tax Expense	0.24	0.3	0.21	0.23	0.2	0.16
Earnings From Continuing Ops.	22.72	27.85	24.2	21.05	17.13	14.55
Minority Interest in Earnings	-2.7	-2.67	-1.54	-1.03	-0.71	-0.58
Net Income	20.02	25.18	22.65	20.03	16.42	13.97
Net Income to Common	20.02	25.18	22.65	20.03	16.42	13.97
Net Income Growth	-15.98%	11.17%	13.11%	21.99%	17.55%	14.62%
Shares Outstanding (Basic)	246	246	246	246	246	246
Shares Outstanding (Diluted)	246	246	246	246	246	246
Shares Change (YoY)	-0.02%	-	0.04%	-	-	-
EPS (Basic)	0.08	0.10	0.09	0.08	0.07	0.06
EPS (Diluted)	0.08	0.10	0.09	0.08	0.07	0.06
EPS Growth	-15.96%	11.17%	13.07%	21.99%	17.55%	14.62%
Free Cash Flow	36.04	36.89	48.66	34.44	21.85	28.09
Free Cash Flow Per Share	0.15	0.15	0.20	0.14	0.09	0.11
Dividend Per Share	0.028	0.028	0.012	0.026	0.035	0.031
Dividend Growth	130.08%	130.08%	-53.59%	-24.93%	14.24%	47.14%
Operating Margin	18.18%	20.41%	20.24%	19.14%	17.95%	14.45%
Profit Margin	16.42%	18.85%	18.27%	17.46%	16.23%	13.86%
Free Cash Flow Margin	29.56%	27.61%	39.26%	30.03%	21.59%	27.88%
EBITDA	22.58	27.67	25.3	22.1	18.3	14.82
EBITDA Margin	18.52%	20.71%	20.41%	19.27%	18.09%	14.70%
D&A For EBITDA	0.41	0.4	0.22	0.14	0.14	0.26
EBIT	22.17	27.27	25.08	21.96	18.17	14.56
EBIT Margin	18.18%	20.41%	20.24%	19.14%	17.95%	14.45%
Effective Tax Rate	1.06%	1.07%	0.87%	1.08%	1.13%	1.06%
Revenue as Reported	-	-	-	-	-	102.3

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