TADAWUL:8012 Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	295.23	273.2	232.46	220.58	163.18
Total Interest & Dividend Income	-110.28	-165.82	-318.15	197.64	0.16
Gain (Loss) on Sale of Investments	121.38	179.67	326.82	-192.13	2.97
Other Revenue	25.7	22.92	26.62	23.58	33.02
Total Revenue	332.03	309.97	267.75	249.67	199.33
Revenue Growth (YoY)	7.12%	15.77%	7.24%	25.25%	109.60%
Policy Benefits	194.97	195.73	159.82	200.55	94.96
Policy Acquisition & Underwriting Costs	56.14	36.51	31.58	-	14.32
Selling, General & Administrative	-	-	-	-	67.65
Provision for Bad Debts	-	-	-	-	6.18
Other Operating Expenses	36.04	34.38	8.44	8.66	-5.73
Total Operating Expenses	287.14	266.63	199.84	209.22	177.37
Operating Income	44.9	43.34	67.91	40.45	21.96
Pretax Income	44.9	43.34	67.91	40.45	21.96
Income Tax Expense	5.05	6.14	23.65	1.93	0.54
Net Income	39.84	37.2	44.25	38.52	21.42
Net Income to Common	39.84	37.2	44.25	38.52	21.42
Net Income Growth	7.09%	-15.93%	14.89%	79.83%	-44.74%
Shares Outstanding (Basic)	66	66	66	66	63
Shares Outstanding (Diluted)	66	66	66	66	63
Shares Change (YoY)	-	-	-	4.46%	28.73%
EPS (Basic)	0.60	0.56	0.67	0.58	0.34
EPS (Diluted)	0.60	0.56	0.67	0.58	0.34
EPS Growth	7.09%	-15.93%	14.89%	72.15%	-57.07%
Free Cash Flow	-91.67	66.97	-10.72	144.53	-104.28
Free Cash Flow Per Share	-1.39	1.01	-0.16	2.19	-1.65
Dividend Per Share	0.400	0.300	0.300	-	-
Dividend Growth	33.33%	-	-	-	-
Operating Margin	13.52%	13.98%	25.36%	16.20%	11.02%
Profit Margin	12.00%	12.00%	16.53%	15.43%	10.75%
Free Cash Flow Margin	-27.61%	21.61%	-4.00%	57.89%	-52.32%
EBITDA	48.03	45.58	69.83	45.17	26.81
EBITDA Margin	14.46%	14.70%	26.08%	18.09%	13.45%
D&A For EBITDA	3.13	2.23	1.92	4.72	4.85
EBIT	44.9	43.34	67.91	40.45	21.96
EBIT Margin	13.52%	13.98%	25.36%	16.20%	11.02%
Effective Tax Rate	11.26%	14.17%	34.83%	4.77%	2.46%

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