Oman United Insurance Company SAOG (MSM: OUIC)

MSM: OUIC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	19.06	18.51	16.54	15.89	16.01	18.62
Total Interest & Dividend Income	2.46	2.86	2.87	3.15	0.91	2.91
Gain (Loss) on Sale of Investments	0.32	0.32	0.73	-	1.45	-2.38
Other Revenue	0.5	0.48	0.74	2.44	2.42	2.33
Total Revenue	22.34	22.16	20.9	21.48	20.78	21.48
Revenue Growth (YoY)	-1.73%	6.06%	-2.70%	3.33%	-3.25%	-13.50%
Policy Benefits	28.33	27.07	18.71	9.68	8.03	10.63
Policy Acquisition & Underwriting Costs	3.85	3.85	3.62	2.3	2.31	2.29
Depreciation & Amortization	0.34	0.34	0.36	-	-	0.43
Selling, General & Administrative	1	1	1.01	5.49	5.34	0.88
Provision for Bad Debts	0.03	0.03	0.43	-	-	0.29
Other Operating Expenses	-16.68	-16.4	-9.62	-0.65	-0.12	-0.75
Total Operating Expenses	20.35	19.37	18.02	16.81	15.56	17.05
Operating Income	2	2.79	2.88	4.66	5.22	4.43
Currency Exchange Gain (Loss)	-	-	-	-	-0	-
Other Non Operating Income (Expenses)	0.05	0.05	-0.19	-	-0	-
EBT Excluding Unusual Items	2.05	2.85	2.69	4.66	5.22	4.43
Gain (Loss) on Sale of Assets	-	-	-	0.01	0	-0
Pretax Income	2.05	2.85	2.69	4.67	5.22	4.43
Income Tax Expense	0.24	0.2	0.32	0.71	0.97	1.03
Net Income	1.82	2.65	2.37	3.96	4.25	3.4
Net Income to Common	1.82	2.65	2.37	3.96	4.25	3.4
Net Income Growth	-37.82%	11.90%	-40.15%	-6.92%	24.97%	8.60%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	0.02	0.03	0.02	0.04	0.04	0.03
EPS (Diluted)	0.02	0.03	0.02	0.04	0.04	0.03
EPS Growth	-37.82%	11.90%	-40.15%	-6.92%	24.97%	8.60%
Free Cash Flow	-1.73	-1.91	-0.1	-0.99	4.62	0.14
Free Cash Flow Per Share	-0.02	-0.02	-0.00	-0.01	0.05	0.00
Dividend Per Share	0.025	0.025	0.035	0.035	0.035	0.030
Dividend Growth	-28.57%	-28.57%	0%	0%	16.67%	0%
Operating Margin	8.94%	12.61%	13.78%	21.71%	25.13%	20.64%
Profit Margin	8.12%	11.97%	11.34%	18.44%	20.47%	15.85%
Free Cash Flow Margin	-7.72%	-8.63%	-0.48%	-4.62%	22.25%	0.66%
EBITDA	2.26	3.09	3.18	5.05	5.61	4.82
EBITDA Margin	10.13%	13.93%	15.24%	23.52%	27.01%	22.44%
D&A For EBITDA	0.27	0.29	0.3	0.39	0.39	0.39
EBIT	2	2.79	2.88	4.66	5.22	4.43
EBIT Margin	8.94%	12.61%	13.78%	21.71%	25.13%	20.64%
Effective Tax Rate	11.51%	6.91%	12.06%	15.22%	18.52%	23.21%

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