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

MSM:OMVS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	372.46	364.2	343.47	236.1	117.38	113.8
Total Interest & Dividend Income	29.4	29.4	46.69	6.05	15.88	81.34
Gain (Loss) on Sale of Investments	8.07	8.07	16.39	60.32	1.57	0.42
Other Revenue	65.38	65.38	28.58	26.03	8.3	11.64
Total Revenue	475.32	467.05	435.14	328.5	143.13	207.21
Revenue Growth (YoY)	8.09%	7.33%	32.46%	129.52%	-30.93%	-23.99%
Policy Benefits	369.33	363.58	328.89	229.67	92.62	80.08
Policy Acquisition & Underwriting Costs	4.46	4.46	5.73	2.2	-	-
Selling, General & Administrative	33.67	33.67	33.13	26.91	-	-
Other Operating Expenses	-4.11	-4.11	-7.13	-1.67	34.63	36.6
Total Operating Expenses	403.35	397.61	360.62	257.11	127.24	116.67
Operating Income	71.97	69.45	74.52	71.39	15.88	90.53
Interest Expense	-35.94	-35.94	-28.24	-20.07	-15.52	-36.53
Earnings From Equity Investments	-	-	-	-	29.14	-
Currency Exchange Gain (Loss)	0.01	0.01	-0.01	-0.02	-0.03	3.16
Other Non Operating Income (Expenses)	-	-	-	-	-	-9.24
EBT Excluding Unusual Items	36.03	33.51	46.28	51.3	29.47	47.93
Gain (Loss) on Sale of Assets	3.34	3.34	0.5	-0.56	0.68	-0.07
Pretax Income	39.37	36.86	46.77	50.74	30.15	47.86
Income Tax Expense	0.96	0.96	2.99	1.4	1.29	5.46
Earnings From Continuing Ops.	38.41	35.89	43.78	49.34	28.86	42.4
Net Income to Company	38.41	35.89	43.78	49.34	28.86	42.4
Minority Interest in Earnings	-0.91	1.27	-3.66	0.47	-1.86	-8.7
Net Income	37.5	37.16	40.12	49.81	27	33.7
Preferred Dividends & Other Adjustments	6.61	6.61	7.34	7.82	4.48	4.93
Net Income to Common	30.9	30.56	32.78	41.99	22.52	28.77
Net Income Growth	-1.67%	-7.38%	-19.45%	84.49%	-19.88%	4.92%
Shares Outstanding (Basic)	936	982	982	936	936	921
Shares Outstanding (Diluted)	936	982	982	936	936	921
Shares Change (YoY)	-2.44%	-	5.00%	-	1.61%	7.14%
EPS (Basic)	0.03	0.03	0.03	0.04	0.02	0.03
EPS (Diluted)	0.03	0.03	0.03	0.04	0.02	0.03
EPS Growth	0.55%	-6.78%	-25.66%	86.49%	-22.97%	7.95%
Free Cash Flow	-	65.58	-124.28	-87.4	-92.11	-43.35
Free Cash Flow Per Share	-	0.07	-0.13	-0.09	-0.10	-0.05
Dividend Per Share	0.014	0.014	0.014	0.011	0.021	0.018
Dividend Growth	-	-	33.65%	-50.00%	19.55%	-
Operating Margin	15.14%	14.87%	17.13%	21.73%	11.10%	43.69%
Profit Margin	6.50%	6.54%	7.53%	12.78%	15.73%	13.88%
Free Cash Flow Margin	-	14.04%	-28.56%	-26.61%	-64.35%	-20.92%
EBITDA	76.15	73.65	78.39	74.36	18.17	94.98
EBITDA Margin	16.02%	15.77%	18.01%	22.64%	12.69%	45.84%
D&A For EBITDA	4.18	4.21	3.86	2.97	2.28	4.44
EBIT	71.97	69.45	74.52	71.39	15.88	90.53
EBIT Margin	15.14%	14.87%	17.13%	21.73%	11.10%	43.69%
Effective Tax Rate	2.45%	2.62%	6.39%	2.76%	4.27%	11.41%
Revenue as Reported	474.51	474.51	442.76	329.59	-	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.