QLM Life & Medical Insurance Company Q.P.S.C. (QSE:QLMI)

QSE:QLMI Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	1,499	1,223	1,124	1,212	813.19
Total Interest & Dividend Income	68.31	71.58	65.65	45.96	30.03
Gain (Loss) on Sale of Investments	1.43	3.37	5.27	1.9	10.16
Total Revenue	1,568	1,298	1,195	1,260	853.38
Revenue Growth (YoY)	20.83%	8.65%	-5.22%	47.69%	-15.70%
Policy Benefits	1,469	1,195	1,079	1,160	666.69
Policy Acquisition & Underwriting Costs	-	-	-	-	27.25
Depreciation & Amortization	1.53	1.67	1.12	0.83	1
Selling, General & Administrative	19.06	19.8	18.98	18.59	49.75
Total Operating Expenses	1,489	1,216	1,100	1,180	744.7
Operating Income	78.91	81.77	94.97	80.69	108.68
Interest Expense	-12.88	-16.18	-18.3	-9.04	-2.37
Pretax Income	66.03	65.6	76.67	71.64	106.32
Income Tax Expense	0.48	0.55	0.39	-1.6	0.15
Net Income	65.55	65.05	76.28	73.24	106.17
Net Income to Common	65.55	65.05	76.28	73.24	106.17
Net Income Growth	0.77%	-14.72%	4.15%	-31.02%	8.29%
Shares Outstanding (Basic)	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350
EPS (Basic)	0.19	0.19	0.22	0.21	0.30
EPS (Diluted)	0.19	0.19	0.22	0.21	0.30
EPS Growth	0.77%	-14.72%	4.15%	-31.02%	8.29%
Free Cash Flow	18.33	16.4	40.16	24.29	67.93
Free Cash Flow Per Share	0.05	0.05	0.12	0.07	0.19
Dividend Per Share	0.100	0.100	0.125	0.125	0.220
Dividend Growth	-	-20.00%	-	-43.18%	-
Operating Margin	5.03%	6.30%	7.95%	6.40%	12.74%
Profit Margin	4.18%	5.01%	6.39%	5.81%	12.44%
Free Cash Flow Margin	1.17%	1.26%	3.36%	1.93%	7.96%
EBITDA	80.44	83.44	96.09	81.52	109.68
EBITDA Margin	5.13%	6.43%	8.04%	6.47%	12.85%
D&A For EBITDA	1.53	1.67	1.12	0.83	1
EBIT	78.91	81.77	94.97	80.69	108.68
EBIT Margin	5.03%	6.30%	7.95%	6.40%	12.74%
Effective Tax Rate	0.72%	0.83%	0.51%	-	0.14%

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