Doha Insurance Group Q.P.S.C. (QSE:DOHI)

QSE:DOHI 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,893	1,579	1,374	1,227	426.46	337.22
Total Interest & Dividend Income	59.6	59.16	49.73	40.58	37.91	37.2
Gain (Loss) on Sale of Investments	0.87	0.25	1.07	-15.77	4.55	2.08
Other Revenue	19.92	16.87	9.41	4.22	53.85	41.4
Total Revenue	1,973	1,656	1,434	1,256	522.77	417.9
Revenue Growth (YoY)	24.52%	15.47%	14.13%	140.31%	25.10%	30.34%
Policy Benefits	1,731	1,431	1,252	1,071	255.43	194.32
Policy Acquisition & Underwriting Costs	-	-	-	-	69.98	49.95
Depreciation & Amortization	14.26	13.96	13.31	13.2	12.1	10.79
Selling, General & Administrative	21.28	17.63	16.81	60.45	94	83.42
Provision for Bad Debts	-	-	-	-	8.61	-
Other Operating Expenses	-	-	-	-	7.54	3.6
Total Operating Expenses	1,767	1,463	1,282	1,145	447.65	342.09
Operating Income	206.56	193.08	151.49	111.21	75.12	75.81
Interest Expense	-1.42	-1.77	-2.01	-3.07	-1.82	-1.84
Other Non Operating Income (Expenses)	1.17	0.89	1.29	0.99	-	-
EBT Excluding Unusual Items	206.3	192.2	150.78	109.13	73.3	73.97
Asset Writedown	-	-	-	-5.32	-	-13.9
Pretax Income	206.3	192.2	150.78	103.81	73.3	60.07
Income Tax Expense	1.82	1.8	0.03	0.02	0.03	0.02
Net Income	204.48	190.4	150.75	103.78	73.27	60.05
Net Income to Common	204.48	190.4	150.75	103.78	73.27	60.05
Net Income Growth	25.78%	26.30%	45.25%	41.64%	22.02%	22.70%
Shares Outstanding (Basic)	500	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500	500
EPS (Basic)	0.41	0.38	0.30	0.21	0.15	0.12
EPS (Diluted)	0.41	0.38	0.30	0.21	0.15	0.12
EPS Growth	25.78%	26.30%	45.25%	41.64%	22.02%	22.70%
Free Cash Flow	358.81	120.89	141.72	198.33	98.9	145.53
Free Cash Flow Per Share	0.72	0.24	0.28	0.40	0.20	0.29
Dividend Per Share	0.175	0.175	0.175	0.150	0.120	0.100
Dividend Growth	-	-	16.67%	25.00%	20.00%	25.00%
Operating Margin	10.47%	11.66%	10.57%	8.85%	14.37%	18.14%
Profit Margin	10.36%	11.50%	10.51%	8.26%	14.02%	14.37%
Free Cash Flow Margin	18.18%	7.30%	9.88%	15.79%	18.92%	34.82%
EBITDA	217.93	204.02	162.39	121.97	85.18	84.43
EBITDA Margin	11.04%	12.32%	11.33%	9.71%	16.29%	20.20%
D&A For EBITDA	11.38	10.93	10.89	10.76	10.07	8.62
EBIT	206.56	193.08	151.49	111.21	75.12	75.81
EBIT Margin	10.47%	11.66%	10.57%	8.85%	14.37%	18.14%
Effective Tax Rate	0.88%	0.94%	0.02%	0.02%	0.04%	0.04%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.