Oman Qatar Insurance Company SAOG (MSM:OQIC)

MSM:OQIC 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	73.99	69.46	63.67	35.21	6.51	7.38
Total Interest & Dividend Income	3.38	2.48	2.75	3.19	2.98	1.45
Gain (Loss) on Sale of Investments	1.56	-	-	-	-	0.42
Other Revenue	-	-	-	-	1.31	0.81
Total Revenue	78.93	71.94	66.42	38.4	10.79	10.05
Revenue Growth (YoY)	89.55%	8.30%	72.98%	255.89%	7.40%	6.34%
Policy Benefits	73.31	67.71	61.52	32.83	3.29	4.08
Policy Acquisition & Underwriting Costs	-	-	-	-	1.7	1.32
Depreciation & Amortization	0.46	0.46	0.32	0.27	-	0.29
Selling, General & Administrative	1.18	1.11	1.27	0.91	2.48	0.95
Total Operating Expenses	74.95	69.28	63.11	34.01	7.47	7.65
Operating Income	3.98	2.66	3.31	4.39	3.31	2.4
Interest Expense	-0.01	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-	-0.03
EBT Excluding Unusual Items	3.97	2.66	3.31	4.39	3.31	2.37
Merger & Restructuring Charges	-	-	-0.47	-	-	-
Other Unusual Items	-	-	1.92	-	-	-
Pretax Income	3.97	2.66	4.77	4.39	3.31	2.37
Income Tax Expense	0.42	0.42	0.73	0.38	0.18	0.25
Net Income	3.55	2.24	4.03	4.01	3.14	2.12
Net Income to Common	3.55	2.24	4.03	4.01	3.14	2.12
Net Income Growth	-4.05%	-44.34%	0.65%	27.64%	48.04%	63.72%
Shares Outstanding (Basic)	165	161	161	100	100	100
Shares Outstanding (Diluted)	165	161	161	100	100	100
Shares Change (YoY)	4.58%	-	61.22%	-	-	-
EPS (Basic)	0.02	0.01	0.03	0.04	0.03	0.02
EPS (Diluted)	0.02	0.01	0.03	0.04	0.03	0.02
EPS Growth	-8.26%	-44.34%	-37.57%	27.64%	48.03%	63.73%
Free Cash Flow	-1.8	4.69	10.73	0.09	-2.4	4.06
Free Cash Flow Per Share	-0.01	0.03	0.07	0.00	-0.02	0.04
Dividend Per Share	0.005	0.005	0.008	0.004	0.007	0.005
Dividend Growth	-31.25%	-31.25%	100.00%	-42.86%	40.00%	-
Operating Margin	5.04%	3.70%	4.99%	11.43%	30.72%	23.89%
Profit Margin	4.50%	3.12%	6.07%	10.43%	29.09%	21.11%
Free Cash Flow Margin	-2.28%	6.52%	16.16%	0.24%	-22.28%	40.45%
EBITDA	4.24	2.94	3.59	4.48	3.4	2.49
EBITDA Margin	5.37%	4.08%	5.40%	11.67%	31.52%	24.78%
D&A For EBITDA	0.26	0.28	0.28	0.09	0.09	0.09
EBIT	3.98	2.66	3.31	4.39	3.31	2.4
EBIT Margin	5.04%	3.70%	4.99%	11.43%	30.72%	23.89%
Effective Tax Rate	10.58%	15.65%	15.42%	8.72%	5.31%	10.50%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.