MSM: ORIC Income Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	2.09	2.09	42.1	32.54	17.91	14.63
Total Interest & Dividend Income	3.39	3.39	2.65	2.31	1.92	1.63
Gain (Loss) on Sale of Investments	-	-	0.05	-0.05	0.18	0.25
Total Revenue	5.48	5.48	44.8	34.8	20.02	16.51
Revenue Growth (YoY)	-87.77%	-87.77%	28.72%	73.84%	21.25%	-
Policy Benefits	-	-	39.36	30.27	11.3	7.35
Policy Acquisition & Underwriting Costs	-	-	-	-	4.56	5.32
Depreciation & Amortization	-	-	-	-	0.13	0.08
Selling, General & Administrative	1.6	1.6	1.68	1.61	0.58	0.57
Total Operating Expenses	1.6	1.6	41.03	31.88	18.45	14.95
Operating Income	3.88	3.88	3.77	2.92	1.57	1.56
Currency Exchange Gain (Loss)	-0.3	-0.3	-0.76	-0.66	-0.12	-0.07
EBT Excluding Unusual Items	3.58	3.58	3	2.26	1.45	1.48
Gain (Loss) on Sale of Assets	-	-	-0	0	-	-
Asset Writedown	-	-	0.02	-	-	-
Pretax Income	3.58	3.58	3.02	2.26	1.45	1.48
Income Tax Expense	0.54	0.54	0.46	0.14	0.09	0.03
Net Income	3.04	3.04	2.56	2.12	1.36	1.45
Net Income to Common	3.04	3.04	2.56	2.12	1.36	1.45
Net Income Growth	19.10%	19.10%	20.35%	56.67%	-6.54%	-
Shares Outstanding (Basic)	331	331	331	331	305	300
Shares Outstanding (Diluted)	331	331	331	331	305	300
Shares Change (YoY)	-	-	-	8.41%	1.71%	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.00	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.00	0.00
EPS Growth	19.09%	19.09%	20.36%	44.51%	-8.11%	-
Free Cash Flow	-	-	3.06	5.41	4.78	4.03
Free Cash Flow Per Share	-	-	0.01	0.02	0.02	0.01
Operating Margin	70.80%	70.80%	8.40%	8.39%	7.83%	9.42%
Profit Margin	55.55%	55.55%	5.70%	6.10%	6.77%	8.78%
Free Cash Flow Margin	-	-	6.84%	15.54%	23.85%	24.43%
EBITDA	3.92	3.92	3.82	2.98	1.64	1.62
EBITDA Margin	71.50%	71.50%	8.53%	8.56%	8.18%	9.81%
D&A For EBITDA	0.04	0.04	0.05	0.06	0.07	0.06
EBIT	3.88	3.88	3.77	2.92	1.57	1.56
EBIT Margin	70.80%	70.80%	8.40%	8.39%	7.83%	9.42%
Effective Tax Rate	15.01%	15.01%	15.27%	6.04%	6.46%	2.11%

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