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	364.2	343.47	236.1	117.38	113.8
Total Interest & Dividend Income	29.4	46.69	6.05	15.88	81.34
Gain (Loss) on Sale of Investments	8.07	16.39	60.32	1.57	0.42
Other Revenue	65.38	28.58	26.03	8.3	11.64
Total Revenue	467.05	435.14	328.5	143.13	207.21
Revenue Growth (YoY)	7.33%	32.46%	129.52%	-30.93%	-23.99%
Policy Benefits	363.58	328.89	229.67	92.62	80.08
Policy Acquisition & Underwriting Costs	4.46	5.73	2.2	-	-
Selling, General & Administrative	33.67	33.13	26.91	-	-
Other Operating Expenses	-4.11	-7.13	-1.67	34.63	36.6
Total Operating Expenses	397.61	360.62	257.11	127.24	116.67
Operating Income	69.45	74.52	71.39	15.88	90.53
Interest Expense	-35.94	-28.24	-20.07	-15.52	-36.53
Earnings From Equity Investments	-	-	-	29.14	-
Currency Exchange Gain (Loss)	0.01	-0.01	-0.02	-0.03	3.16
Other Non Operating Income (Expenses)	-	-	-	-	-9.24
EBT Excluding Unusual Items	33.51	46.28	51.3	29.47	47.93
Gain (Loss) on Sale of Assets	3.34	0.5	-0.56	0.68	-0.07
Pretax Income	36.86	46.77	50.74	30.15	47.86
Income Tax Expense	0.96	2.99	1.4	1.29	5.46
Earnings From Continuing Ops.	35.89	43.78	49.34	28.86	42.4
Net Income to Company	35.89	43.78	49.34	28.86	42.4
Minority Interest in Earnings	1.27	-3.66	0.47	-1.86	-8.7
Net Income	37.16	40.12	49.81	27	33.7
Preferred Dividends & Other Adjustments	6.61	7.34	7.82	4.48	4.93
Net Income to Common	30.56	32.78	41.99	22.52	28.77
Net Income Growth	-7.38%	-19.45%	84.49%	-19.88%	4.92%
Shares Outstanding (Basic)	702	702	668	668	658
Shares Outstanding (Diluted)	702	702	668	668	658
Shares Change (YoY)	-	5.00%	-	1.61%	7.14%
EPS (Basic)	0.04	0.05	0.06	0.03	0.04
EPS (Diluted)	0.04	0.05	0.06	0.03	0.04
EPS Growth	-6.78%	-25.66%	86.49%	-22.97%	7.96%
Free Cash Flow	65.58	-124.28	-87.4	-92.11	-43.35
Free Cash Flow Per Share	0.09	-0.18	-0.13	-0.14	-0.07
Dividend Per Share	0.020	0.020	0.015	0.030	0.025
Dividend Growth	-	33.33%	-50.00%	20.00%	-
Operating Margin	14.87%	17.13%	21.73%	11.10%	43.69%
Profit Margin	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	73.65	78.39	74.36	18.17	94.98
EBITDA Margin	15.77%	18.01%	22.64%	12.69%	45.84%
D&A For EBITDA	4.21	3.86	2.97	2.28	4.44
EBIT	69.45	74.52	71.39	15.88	90.53
EBIT Margin	14.87%	17.13%	21.73%	11.10%	43.69%
Effective Tax Rate	2.62%	6.39%	2.76%	4.27%	11.41%
Revenue as Reported	474.51	442.76	329.59	-	-

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