TADAWUL:8012 Income Statement

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

Millions SAR. 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	309.88	295.23	273.2	232.46	220.58	163.18
Total Interest & Dividend Income	-95.48	-110.28	-165.82	-318.15	197.64	0.16
Gain (Loss) on Sale of Investments	105.94	121.38	179.67	326.82	-192.13	2.97
Other Revenue	25.13	25.7	22.92	26.62	23.58	33.02
Total Revenue	345.47	332.03	309.97	267.75	249.67	199.33
Revenue Growth (YoY)	15.16%	7.12%	15.77%	7.24%	25.25%	109.60%
Policy Benefits	217.33	194.97	195.73	159.82	200.55	94.96
Policy Acquisition & Underwriting Costs	56.14	56.14	36.51	31.58	-	14.32
Selling, General & Administrative	-	-	-	-	-	67.65
Provision for Bad Debts	-	-	-	-	-	6.18
Other Operating Expenses	36.37	36.04	34.38	8.44	8.66	-5.73
Total Operating Expenses	309.83	287.14	266.63	199.84	209.22	177.37
Operating Income	35.64	44.9	43.34	67.91	40.45	21.96
Pretax Income	35.64	44.9	43.34	67.91	40.45	21.96
Income Tax Expense	4.45	5.05	6.14	23.65	1.93	0.54
Net Income	31.19	39.84	37.2	44.25	38.52	21.42
Net Income to Common	31.19	39.84	37.2	44.25	38.52	21.42
Net Income Growth	-23.05%	7.09%	-15.93%	14.89%	79.83%	-44.74%
Shares Outstanding (Basic)	66	66	66	66	66	63
Shares Outstanding (Diluted)	66	66	66	66	66	63
Shares Change (YoY)	-0.17%	-	-	-	4.46%	28.73%
EPS (Basic)	0.47	0.60	0.56	0.67	0.58	0.34
EPS (Diluted)	0.47	0.60	0.56	0.67	0.58	0.34
EPS Growth	-22.93%	7.09%	-15.93%	14.89%	72.15%	-57.07%
Free Cash Flow	-68.17	-91.67	66.97	-10.72	144.53	-104.28
Free Cash Flow Per Share	-1.03	-1.39	1.01	-0.16	2.19	-1.65
Dividend Per Share	0.400	0.400	0.300	0.300	-	-
Dividend Growth	33.33%	33.33%	-	-	-	-
Operating Margin	10.32%	13.52%	13.98%	25.36%	16.20%	11.02%
Profit Margin	9.03%	12.00%	12.00%	16.53%	15.43%	10.75%
Free Cash Flow Margin	-19.73%	-27.61%	21.61%	-4.00%	57.89%	-52.32%
EBITDA	39.16	48.03	45.58	69.83	45.17	26.81
EBITDA Margin	11.34%	14.46%	14.70%	26.08%	18.09%	13.45%
D&A For EBITDA	3.52	3.13	2.23	1.92	4.72	4.85
EBIT	35.64	44.9	43.34	67.91	40.45	21.96
EBIT Margin	10.32%	13.52%	13.98%	25.36%	16.20%	11.02%
Effective Tax Rate	12.49%	11.26%	14.17%	34.83%	4.77%	2.46%

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