MSM:DICS Income Statement

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

Millions OMR. 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	87.58	86.98	84.44	70.37	64.23	22.57
Total Interest & Dividend Income	2.51	2.36	3.24	2.13	3.05	2.41
Gain (Loss) on Sale of Investments	1.18	0.54	0.05	4.69	0.02	0.02
Other Revenue	-	-	-	-	1.36	3.07
Total Revenue	91.27	89.88	87.73	77.2	68.66	28.06
Revenue Growth (YoY)	3.22%	2.46%	13.64%	12.44%	144.67%	5.50%
Policy Benefits	76.31	76	74.53	63.91	63.02	21.38
Policy Acquisition & Underwriting Costs	7.74	7.51	6.19	5.05	-	1.59
Selling, General & Administrative	1.13	1.14	1.02	1.18	-	7.82
Provision for Bad Debts	0.01	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	85.2	84.67	81.54	70.16	64.05	24.39
Operating Income	6.07	5.21	6.19	7.04	4.61	3.67
Interest Expense	-0.1	-0.12	-0.21	-0.18	-0.29	-0.32
Earnings From Equity Investments	0.98	0.98	-0.99	0.69	-	-
EBT Excluding Unusual Items	6.95	6.07	4.99	7.56	4.32	3.35
Asset Writedown	-0.01	-0.01	-	-0.21	-	-0.5
Pretax Income	6.94	6.06	4.99	7.35	4.32	2.85
Income Tax Expense	0.81	0.7	0.81	1.18	0.43	0.29
Net Income	6.13	5.36	4.18	6.17	3.89	2.55
Net Income to Common	6.13	5.36	4.18	6.17	3.89	2.55
Net Income Growth	42.95%	28.16%	-32.25%	58.48%	52.41%	-33.67%
Shares Outstanding (Basic)	116	115	111	107	103	103
Shares Outstanding (Diluted)	117	116	121	127	133	143
Shares Change (YoY)	-4.39%	-4.05%	-4.77%	-4.11%	-7.00%	42.79%
EPS (Basic)	0.05	0.05	0.04	0.06	0.04	0.02
EPS (Diluted)	0.05	0.05	0.04	0.05	0.00	0.02
EPS Growth	46.69%	31.03%	-29.11%	3695.88%	-93.21%	-49.84%
Free Cash Flow	4.54	12.58	7.16	7.17	9.27	-5.98
Free Cash Flow Per Share	0.04	0.11	0.06	0.06	0.07	-0.04
Dividend Per Share	0.018	0.018	0.015	0.015	0.015	0.015
Dividend Growth	16.67%	16.67%	-	-	-	50.00%
Operating Margin	6.65%	5.80%	7.05%	9.12%	6.72%	13.08%
Profit Margin	6.72%	5.96%	4.76%	7.99%	5.67%	9.10%
Free Cash Flow Margin	4.98%	14.00%	8.17%	9.29%	13.49%	-21.30%
EBITDA	6.25	5.47	6.39	7.2	4.77	3.85
EBITDA Margin	6.85%	6.08%	7.28%	9.32%	6.95%	13.73%
D&A For EBITDA	0.18	0.26	0.2	0.16	0.16	0.18
EBIT	6.07	5.21	6.19	7.04	4.61	3.67
EBIT Margin	6.65%	5.80%	7.05%	9.12%	6.72%	13.08%
Effective Tax Rate	11.67%	11.60%	16.18%	16.00%	9.93%	10.26%

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