MSM:DICS Income Statement

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

Millions OMR. 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	86.98	84.44	70.37	64.23	22.57
Total Interest & Dividend Income	2.36	3.24	2.13	3.05	2.41
Gain (Loss) on Sale of Investments	0.54	0.05	4.69	0.02	0.02
Other Revenue	-	-	-	1.36	3.07
Total Revenue	89.88	87.73	77.2	68.66	28.06
Revenue Growth (YoY)	2.46%	13.64%	12.44%	144.67%	5.50%
Policy Benefits	76	74.53	63.91	63.02	21.38
Policy Acquisition & Underwriting Costs	7.51	6.19	5.05	-	1.59
Selling, General & Administrative	1.14	1.02	1.18	-	7.82
Provision for Bad Debts	0.01	-0.1	0.07	-	-
Other Operating Expenses	-	-0.1	-0.05	1.03	-0.41
Reinsurance Income or Expense	-	-	-	-	5.99
Total Operating Expenses	84.67	81.54	70.16	64.05	24.39
Operating Income	5.21	6.19	7.04	4.61	3.67
Interest Expense	-0.12	-0.21	-0.18	-0.29	-0.32
Earnings From Equity Investments	0.98	-0.99	0.69	-	-
EBT Excluding Unusual Items	6.07	4.99	7.56	4.32	3.35
Asset Writedown	-0.01	-	-0.21	-	-0.5
Pretax Income	6.06	4.99	7.35	4.32	2.85
Income Tax Expense	0.7	0.81	1.18	0.43	0.29
Net Income	5.36	4.18	6.17	3.89	2.55
Net Income to Common	5.36	4.18	6.17	3.89	2.55
Net Income Growth	28.16%	-32.25%	58.48%	52.41%	-33.67%
Shares Outstanding (Basic)	115	111	107	103	103
Shares Outstanding (Diluted)	116	121	127	133	143
Shares Change (YoY)	-4.05%	-4.77%	-4.11%	-7.00%	42.79%
EPS (Basic)	0.05	0.04	0.06	0.04	0.02
EPS (Diluted)	0.05	0.04	0.05	0.00	0.02
EPS Growth	31.03%	-29.11%	3695.88%	-93.21%	-49.84%
Free Cash Flow	12.58	7.16	7.17	9.27	-5.98
Free Cash Flow Per Share	0.11	0.06	0.06	0.07	-0.04
Dividend Per Share	0.018	0.015	0.015	0.015	0.015
Dividend Growth	16.67%	-	-	-	50.00%
Operating Margin	5.80%	7.05%	9.12%	6.72%	13.08%
Profit Margin	5.96%	4.76%	7.99%	5.67%	9.10%
Free Cash Flow Margin	14.00%	8.17%	9.29%	13.49%	-21.30%
EBITDA	5.47	6.39	7.2	4.77	3.85
EBITDA Margin	6.08%	7.28%	9.32%	6.95%	13.73%
D&A For EBITDA	0.26	0.2	0.16	0.16	0.18
EBIT	5.21	6.19	7.04	4.61	3.67
EBIT Margin	5.80%	7.05%	9.12%	6.72%	13.08%
Effective Tax Rate	11.60%	16.18%	16.00%	9.93%	10.26%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.