QSE:QLMI Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	1,381	1,223	1,124	1,212	813.19	966.3
Total Interest & Dividend Income	71.09	71.58	65.65	45.96	30.03	36.5
Gain (Loss) on Sale of Investments	5.15	3.37	5.27	1.9	10.16	9.49
Total Revenue	1,458	1,298	1,195	1,260	853.38	1,012
Revenue Growth (YoY)	15.47%	8.65%	-5.22%	47.69%	-15.70%	7.91%
Policy Benefits	1,366	1,195	1,079	1,160	666.69	852.12
Policy Acquisition & Underwriting Costs	-	-	-	-	27.25	11.77
Depreciation & Amortization	1.55	1.67	1.12	0.83	1	0.85
Selling, General & Administrative	18.13	19.8	18.98	18.59	49.75	45.75
Total Operating Expenses	1,386	1,216	1,100	1,180	744.7	910.48
Operating Income	72.02	81.77	94.97	80.69	108.68	101.8
Interest Expense	-14.77	-16.18	-18.3	-9.04	-2.37	-4.76
Pretax Income	57.78	65.6	76.67	71.64	106.32	97.04
Income Tax Expense	0.55	0.55	0.39	-1.6	0.15	-1.01
Net Income	57.22	65.05	76.28	73.24	106.17	98.05
Net Income to Common	57.22	65.05	76.28	73.24	106.17	98.05
Net Income Growth	-26.72%	-14.72%	4.15%	-31.02%	8.29%	12.86%
Shares Outstanding (Basic)	350	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350	350
EPS (Basic)	0.16	0.19	0.22	0.21	0.30	0.28
EPS (Diluted)	0.16	0.19	0.22	0.21	0.30	0.28
EPS Growth	-26.72%	-14.72%	4.15%	-31.02%	8.29%	12.86%
Free Cash Flow	-15.89	16.4	40.16	24.29	67.93	73.94
Free Cash Flow Per Share	-0.04	0.05	0.12	0.07	0.19	0.21
Dividend Per Share	0.100	0.100	0.125	0.125	0.220	-
Dividend Growth	-20.00%	-20.00%	-	-43.18%	-	-
Operating Margin	4.94%	6.30%	7.95%	6.40%	12.74%	10.06%
Profit Margin	3.93%	5.01%	6.39%	5.81%	12.44%	9.69%
Free Cash Flow Margin	-1.09%	1.26%	3.36%	1.93%	7.96%	7.30%
EBITDA	73.56	83.44	96.09	81.52	109.68	102.65
EBITDA Margin	5.05%	6.43%	8.04%	6.47%	12.85%	10.14%
D&A For EBITDA	1.55	1.67	1.12	0.83	1	0.85
EBIT	72.02	81.77	94.97	80.69	108.68	101.8
EBIT Margin	4.94%	6.30%	7.95%	6.40%	12.74%	10.06%
Effective Tax Rate	0.96%	0.83%	0.51%	-	0.14%	-

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