QSE:BEMA Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	630.52	605.15	471.81	290	267.31	254.24
Total Interest & Dividend Income	51.3	48.68	36.82	30.97	25.78	23
Gain (Loss) on Sale of Investments	0.43	0.47	0.53	0.65	-1.56	1.44
Other Revenue	18.3	11.8	11.12	9.32	12.98	2.71
Total Revenue	700.56	666.1	520.28	330.95	304.5	281.4
Revenue Growth (YoY)	19.44%	28.03%	57.21%	8.69%	8.21%	-16.57%
Policy Benefits	608.34	566.69	426.12	105.45	97.84	94.17
Policy Acquisition & Underwriting Costs	36.61	36.1	28.84	58.25	55.69	43.89
Depreciation & Amortization	9.39	9.35	9.13	7.26	6.46	5.88
Selling, General & Administrative	47.57	44.76	14.61	11.74	11.52	10.6
Other Operating Expenses	-141.12	-140.5	-99.38	17.98	4.11	2.77
Total Operating Expenses	604.77	558.41	416.09	233.17	201.48	178.57
Operating Income	95.79	107.69	104.19	97.78	103.02	102.83
Interest Expense	-0.3	-0.37	-0.23	-0.54	-0.73	-0.18
EBT Excluding Unusual Items	95.45	107.32	103.96	97.23	102.29	102.65
Asset Writedown	-	-	-	-	-	-0.95
Pretax Income	95.34	107.32	103.96	97.23	102.29	101.69
Income Tax Expense	-	-	-	-	1.06	1.39
Net Income	95.34	107.32	103.96	97.23	101.23	100.3
Net Income to Common	95.34	107.32	103.96	97.23	101.23	100.3
Net Income Growth	-16.06%	3.23%	6.92%	-3.95%	0.93%	11.33%
Shares Outstanding (Basic)	174	200	200	200	200	200
Shares Outstanding (Diluted)	174	200	200	200	200	200
Shares Change (YoY)	-13.95%	-	-	-	-	900.00%
EPS (Basic)	0.55	0.54	0.52	0.49	0.51	0.50
EPS (Diluted)	0.55	0.54	0.52	0.49	0.51	0.50
EPS Growth	-2.45%	3.23%	6.92%	-3.95%	0.93%	-88.87%
Free Cash Flow	214.55	238.57	150.94	-135.96	298.56	111.36
Free Cash Flow Per Share	1.24	1.19	0.76	-0.68	1.49	0.56
Dividend Per Share	0.250	0.250	0.200	0.180	0.160	-
Dividend Growth	25.00%	25.00%	11.11%	12.50%	-	-
Operating Margin	13.67%	16.17%	20.03%	29.54%	33.83%	36.54%
Profit Margin	13.61%	16.11%	19.98%	29.38%	33.24%	35.64%
Free Cash Flow Margin	30.63%	35.82%	29.01%	-41.08%	98.05%	39.57%
EBITDA	105.17	117.05	113.32	105.03	109.48	108.71
EBITDA Margin	15.01%	17.57%	21.78%	31.74%	35.95%	38.63%
D&A For EBITDA	9.39	9.35	9.13	7.26	6.46	5.88
EBIT	95.79	107.69	104.19	97.78	103.02	102.83
EBIT Margin	13.67%	16.17%	20.03%	29.54%	33.83%	36.54%
Effective Tax Rate	-	-	-	-	1.04%	1.37%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.