Oman International Development and Investment Company SAOG (MSM:OMVS)

MSM:OMVS Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	466.83	343.47	236.1	117.38	113.8
Total Interest & Dividend Income	-	29.77	15.26	15.88	81.34
Gain (Loss) on Sale of Investments	-	33.32	51.11	1.57	0.42
Other Revenue	-	28.58	26.03	8.3	11.64
Total Revenue	466.83	435.14	328.5	143.13	207.21
Revenue Growth (YoY)	7.28%	32.46%	129.52%	-30.93%	-23.99%
Policy Benefits	431.14	328.89	229.67	92.62	80.08
Policy Acquisition & Underwriting Costs	-	5.73	2.2	-	-
Selling, General & Administrative	-	33.13	26.91	-	-
Other Operating Expenses	-	-7.13	-1.67	34.63	36.6
Total Operating Expenses	431.14	360.62	257.11	127.24	116.67
Operating Income	35.69	74.52	71.39	15.88	90.53
Interest Expense	-	-28.24	-20.07	-15.52	-36.53
Earnings From Equity Investments	-	-	-	29.14	-
Currency Exchange Gain (Loss)	-	-0.01	-0.02	-0.03	3.16
Other Non Operating Income (Expenses)	-	-	-	-	-9.24
EBT Excluding Unusual Items	35.69	46.28	51.3	29.47	47.93
Gain (Loss) on Sale of Assets	-	0.5	-0.56	0.68	-0.07
Pretax Income	35.69	46.77	50.74	30.15	47.86
Income Tax Expense	-	2.99	1.4	1.29	5.46
Earnings From Continuing Ops.	35.69	43.78	49.34	28.86	42.4
Net Income to Company	35.69	43.78	49.34	28.86	42.4
Minority Interest in Earnings	1.47	-3.66	0.47	-1.86	-8.7
Net Income	37.16	40.12	49.81	27	33.7
Preferred Dividends & Other Adjustments	-	7.34	7.82	4.48	4.93
Net Income to Common	37.16	32.78	41.99	22.52	28.77
Net Income Growth	-7.38%	-19.45%	84.49%	-19.88%	4.92%
Shares Outstanding (Basic)	668	668	668	668	658
Shares Outstanding (Diluted)	668	668	668	668	658
Shares Change (YoY)	-	-	-	1.61%	7.15%
EPS (Basic)	0.06	0.05	0.06	0.03	0.04
EPS (Diluted)	0.06	0.05	0.06	0.03	0.04
EPS Growth	13.37%	-21.94%	86.49%	-22.97%	7.96%
Free Cash Flow	-	-124.28	-87.4	-92.11	-43.35
Free Cash Flow Per Share	-	-0.19	-0.13	-0.14	-0.07
Dividend Per Share	-	0.020	0.015	0.030	0.025
Dividend Growth	-	33.33%	-50.00%	20.00%	0%
Operating Margin	7.65%	17.13%	21.73%	11.10%	43.69%
Profit Margin	7.96%	7.53%	12.78%	15.73%	13.88%
Free Cash Flow Margin	-	-28.56%	-26.61%	-64.35%	-20.92%
EBITDA	39.51	78.39	74.36	18.17	94.98
EBITDA Margin	8.46%	18.01%	22.64%	12.69%	45.84%
D&A For EBITDA	3.81	3.86	2.97	2.28	4.44
EBIT	35.69	74.52	71.39	15.88	90.53
EBIT Margin	7.65%	17.13%	21.73%	11.10%	43.69%
Effective Tax Rate	-	6.39%	2.76%	4.27%	11.41%
Revenue as Reported	-	442.76	329.59	-	-

Source: S&P Capital IQ. Insurance template. Financial Sources.