Al Khaleej Takaful Insurance Company Q.P.S.C. (QSE:AKHI)

QSE:AKHI Income Statement

Financials in millions QAR. 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	230.42	202.35	184.43	160.78	134.44	125.28
Total Interest & Dividend Income	32.42	32.43	30.36	22.27	14.05	17.58
Gain (Loss) on Sale of Investments	-6.45	-5.26	-8.43	2.34	2.6	5.71
Other Revenue	40.4	43.08	47.98	32.99	32.05	-55.65
Total Revenue	296.79	272.6	254.35	218.37	183.14	92.92
Revenue Growth (YoY)	1.51%	7.18%	16.48%	19.24%	97.09%	-44.29%
Policy Benefits	110.06	110.14	101.21	80.58	69.29	71.7
Policy Acquisition & Underwriting Costs	62.53	32.22	33.4	33.9	30.84	23.97
Depreciation & Amortization	2.43	2.47	2.36	1.9	6.67	5.44
Selling, General & Administrative	49.02	47.32	43.91	40.86	32.73	27.42
Other Operating Expenses	1	5	4.85	4.28	3.3	4
Total Operating Expenses	225.03	197.16	185.73	161.52	142.84	132.54
Operating Income	71.76	75.45	68.62	56.85	40.3	-39.62
Other Non Operating Income (Expenses)	-0.16	-0.16	-0.16	-0.17	-0.15	-
EBT Excluding Unusual Items	71.59	75.28	68.46	56.68	40.15	-39.62
Gain (Loss) on Sale of Assets	0.42	0.42	0.37	-0.14	-	0.31
Asset Writedown	-	-	-4.25	-	-	-
Pretax Income	72.01	75.7	64.57	56.54	40.15	-39.31
Income Tax Expense	-	-	-	0	0.02	0.01
Net Income	72.01	75.7	64.57	56.54	40.13	-39.32
Net Income to Common	72.01	75.7	64.57	56.54	40.13	-39.32
Net Income Growth	24.34%	17.23%	14.20%	40.90%	-	-
Shares Outstanding (Basic)	255	255	255	255	255	255
Shares Outstanding (Diluted)	255	255	255	255	255	255
EPS (Basic)	0.28	0.30	0.25	0.22	0.16	-0.15
EPS (Diluted)	0.28	0.30	0.25	0.22	0.16	-0.15
EPS Growth	24.34%	17.23%	14.20%	40.90%	-	-
Free Cash Flow	43.8	64.27	24.29	29.88	33.17	42.52
Free Cash Flow Per Share	0.17	0.25	0.10	0.12	0.13	0.17
Dividend Per Share	0.150	0.150	0.120	0.100	0.075	0.050
Dividend Growth	25.00%	25.00%	20.00%	33.33%	50.00%	-
Operating Margin	24.18%	27.68%	26.98%	26.03%	22.01%	-42.64%
Profit Margin	24.26%	27.77%	25.39%	25.89%	21.91%	-42.32%
Free Cash Flow Margin	14.76%	23.58%	9.55%	13.69%	18.11%	45.77%
EBITDA	73.32	77.05	70.12	57.88	46.1	-34.17
EBITDA Margin	24.70%	28.26%	27.57%	26.51%	25.17%	-36.78%
D&A For EBITDA	1.56	1.6	1.49	1.03	5.8	5.44
EBIT	71.76	75.45	68.62	56.85	40.3	-39.62
EBIT Margin	24.18%	27.68%	26.98%	26.03%	22.01%	-42.64%
Effective Tax Rate	-	-	-	0.00%	0.05%	-

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.