Damaan Islamic Insurance Company "Beema" (Q.P.S.C.) (QSE:BEMA)

QSE:BEMA 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	429.66	373.46	290	267.31	254.24	246.28
Total Interest & Dividend Income	45.21	36.82	30.97	25.78	23	28.42
Gain (Loss) on Sale of Investments	0.14	0.53	0.65	-1.56	1.44	-1.88
Other Revenue	10.99	11.06	9.32	12.98	2.71	64.49
Total Revenue	486	421.87	330.95	304.5	281.4	337.3
Revenue Growth (YoY)	20.98%	27.47%	8.69%	8.21%	-16.57%	21.65%
Policy Benefits	191.93	151.37	105.45	97.84	94.17	87.85
Policy Acquisition & Underwriting Costs	89.11	86.1	58.25	55.69	43.89	39.32
Depreciation & Amortization	9.31	9.13	7.26	6.46	5.88	1.03
Selling, General & Administrative	18.51	14.61	11.74	11.52	10.6	12.16
Provision for Bad Debts	-	-	-	-	-	21.07
Other Operating Expenses	2.06	11.42	17.98	4.11	2.77	66.35
Total Operating Expenses	349.83	309.39	233.17	201.48	178.57	246.48
Operating Income	136.17	112.48	97.78	103.02	102.83	90.81
Interest Expense	-0.23	-0.23	-0.54	-0.73	-0.18	-0.72
EBT Excluding Unusual Items	135.94	112.24	97.23	102.29	102.65	90.09
Asset Writedown	-	-	-	-	-0.95	-
Pretax Income	135.94	112.24	97.23	102.29	101.69	90.09
Income Tax Expense	-	-	-	1.06	1.39	-
Net Income	135.94	112.24	97.23	101.23	100.3	90.09
Net Income to Common	135.94	112.24	97.23	101.23	100.3	90.09
Net Income Growth	44.89%	15.44%	-3.95%	0.93%	11.33%	68.47%
Shares Outstanding (Basic)	200	200	200	200	200	20
Shares Outstanding (Diluted)	200	200	200	200	200	20
Shares Change (YoY)	-	-	-	-	900.00%	-
EPS (Basic)	0.68	0.56	0.49	0.51	0.50	4.50
EPS (Diluted)	0.68	0.56	0.49	0.51	0.50	4.50
EPS Growth	44.89%	15.44%	-3.95%	0.93%	-88.87%	68.47%
Free Cash Flow	213.8	150.94	-135.96	298.56	111.36	78.46
Free Cash Flow Per Share	1.07	0.76	-0.68	1.49	0.56	3.92
Dividend Per Share	0.200	0.200	0.180	0.160	-	-
Dividend Growth	11.11%	11.11%	12.50%	-	-	-
Operating Margin	28.02%	26.66%	29.54%	33.83%	36.54%	26.92%
Profit Margin	27.97%	26.61%	29.38%	33.24%	35.64%	26.71%
Free Cash Flow Margin	43.99%	35.78%	-41.08%	98.05%	39.57%	23.26%
EBITDA	145.48	121.6	105.03	109.48	108.71	91.84
EBITDA Margin	29.93%	28.82%	31.74%	35.95%	38.63%	27.23%
D&A For EBITDA	9.31	9.13	7.26	6.46	5.88	1.03
EBIT	136.17	112.48	97.78	103.02	102.83	90.81
EBIT Margin	28.02%	26.66%	29.54%	33.83%	36.54%	26.92%
Effective Tax Rate	-	-	-	1.04%	1.37%	-

Updated Jan 26, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.