Gulf Insurance Group K.S.C.P. (KWSE:GINS)
Kuwait · Delayed Price · Currency is KWD · Price in KWF 1.450
+0.100 (7.41%)
At close: Aug 31, 2026
KWSE:GINS 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 | Jun '26 Jun 30, 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 | 695.54 | 663.53 | 784.54 | 740.95 | 632.5 | 292.17 |
Total Interest & Dividend Income | 23.04 | 21.72 | 30.94 | 21.39 | 19.51 | 18.71 |
Gain (Loss) on Sale of Investments | 17.9 | 12.03 | 8.96 | -0.88 | 6.37 | 34.39 |
Other Revenue | 2.92 | 2.88 | 3.74 | 2.32 | 2.39 | 28 |
| 739.39 | 700.16 | 828.18 | 763.23 | 660.78 | 373.26 | |
Revenue Growth | 19.19% | -15.46% | 8.51% | 15.50% | 77.03% | 61.38% |
Policy Benefits | 518.86 | 506.7 | 694.86 | 676.6 | 654.41 | 203.94 |
Policy Acquisition & Underwriting Costs | 108.77 | 98.99 | 86.62 | 81.58 | 73.05 | 35.96 |
Amortization of Goodwill & Intangibles | - | - | - | - | - | 1.44 |
Selling, General & Administrative | 36.39 | 35.79 | 37.2 | 27.45 | 21.26 | 65.36 |
Other Operating Expenses | 19.63 | 15.44 | -37.81 | -66.39 | -136.95 | 0.52 |
Total Operating Expenses | 683.64 | 656.92 | 780.88 | 719.24 | 611.78 | 307.21 |
Operating Income | 55.75 | 43.23 | 47.31 | 43.99 | 48.99 | 66.05 |
Interest Expense | -4.45 | -4.85 | -6.5 | -7.29 | -3.63 | -2.62 |
Currency Exchange Gain (Loss) | 0.68 | 1.93 | 2.6 | 3.28 | 0.23 | - |
Other Non Operating Income (Expenses) | 5.51 | 4.04 | 0.43 | 1.74 | 0.96 | -0.29 |
EBT Excluding Unusual Items | 57.5 | 44.35 | 43.83 | 41.72 | 46.55 | 63.14 |
Impairment of Goodwill | - | - | - | - | - | -3.93 |
Gain (Loss) on Sale of Assets | - | - | -0.03 | -8.87 | - | - |
Asset Writedown | 1.2 | 1.2 | 0.16 | 1.58 | - | -0.05 |
Other Unusual Items | -1.57 | -2.11 | -4.03 | 3.4 | -3.96 | 23.46 |
Pretax Income | 57.13 | 43.44 | 39.93 | 37.82 | 42.6 | 82.62 |
Income Tax Expense | 13.13 | 11.93 | 8.11 | 8.29 | 5.75 | 6.12 |
Earnings From Continuing Ops. | 44 | 31.51 | 31.82 | 29.53 | 36.85 | 76.5 |
Minority Interest in Earnings | -8.1 | -6.81 | -5.9 | -8.32 | -3.47 | -3.9 |
Net Income | 35.9 | 24.7 | 25.92 | 21.21 | 33.38 | 72.6 |
Preferred Dividends & Other Adjustments | 3.12 | 3.12 | 3.12 | 3.44 | - | - |
Net Income to Common | 32.79 | 21.58 | 22.8 | 17.77 | 33.38 | 72.6 |
Net Income Growth | 76.40% | -5.34% | 28.30% | -46.76% | -54.03% | 344.38% |
Shares Outstanding (Basic) | 285 | 285 | 284 | 284 | 284 | 225 |
Shares Outstanding (Diluted) | 285 | 285 | 284 | 284 | 284 | 225 |
Shares Change | - | 0.08% | 0.21% | - | 26.35% | 17.32% |
EPS (Basic) | 0.12 | 0.08 | 0.08 | 0.06 | 0.12 | 0.32 |
EPS (Diluted) | 0.12 | 0.08 | 0.08 | 0.06 | 0.12 | 0.32 |
EPS Growth | 76.40% | -5.41% | 28.03% | -46.76% | -63.62% | 278.77% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 27.29 | 12.29 | 12.89 | 33.45 | 13.83 | -12.55 |
Free Cash Flow Per Share | 0.10 | 0.04 | 0.04 | 0.12 | 0.05 | -0.06 |
Dividend Per Share | - | - | 0.023 | 0.037 | 0.054 | 0.106 |
Dividend Growth | - | - | -37.84% | -31.48% | -49.06% | - |
Operating Margin | 7.54% | 6.17% | 5.71% | 5.76% | 7.41% | 17.70% |
Profit Margin | 4.43% | 3.08% | 2.75% | 2.33% | 5.05% | 19.45% |
Free Cash Flow Margin | 3.69% | 1.75% | 1.56% | 4.38% | 2.09% | -3.36% |
EBITDA | 63.14 | 50.27 | 54.28 | 50.87 | 56.09 | 69.62 |
EBITDA Margin | 8.54% | 7.18% | 6.55% | 6.67% | 8.49% | 18.65% |
D&A For EBITDA | 7.39 | 7.04 | 6.98 | 6.88 | 7.1 | 3.57 |
EBIT | 55.75 | 43.23 | 47.31 | 43.99 | 48.99 | 66.05 |
EBIT Margin | 7.54% | 6.17% | 5.71% | 5.76% | 7.41% | 17.70% |
Effective Tax Rate | 22.98% | 27.47% | 20.31% | 21.92% | 13.49% | 7.40% |