TADAWUL:8020 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	1,343	1,385	946.6	872.7	906.36	778.71
Total Interest & Dividend Income	20.82	20.82	13.14	10.19	17.89	30.39
Gain (Loss) on Sale of Investments	-1.68	-1.68	13.36	17.94	7.41	-
Other Revenue	-0.54	-	-	-	-	19.87
Total Revenue	1,362	1,404	973.1	900.83	931.65	828.97
Revenue Growth (YoY)	23.21%	44.31%	8.02%	-3.31%	12.39%	3.80%
Policy Benefits	1,341	1,398	950.8	855.25	945.32	687.25
Policy Acquisition & Underwriting Costs	-	-	-	-	-	86.83
Depreciation & Amortization	0.01	0.01	0.02	-	-	-
Selling, General & Administrative	7.9	7.9	12.27	-	-	45.55
Provision for Bad Debts	-	-	-	-	-	7.05
Other Operating Expenses	10.35	9.65	3.44	18.34	23.9	-
Total Operating Expenses	1,376	1,433	981.88	873.59	969.22	901.82
Operating Income	-14.8	-28.82	-8.78	27.24	-37.56	-72.85
Other Non Operating Income (Expenses)	17.81	37.16	45.17	19.95	6.47	-
EBT Excluding Unusual Items	3.01	8.34	36.39	47.19	-31.09	-72.85
Asset Writedown	23.51	21.46	-	-	-	-
Pretax Income	26.52	29.8	36.39	47.19	-31.09	-72.85
Income Tax Expense	9.23	8.1	9.5	9	10.29	12.81
Net Income	17.3	21.7	26.89	38.19	-41.38	-85.66
Net Income to Common	17.3	21.7	26.89	38.19	-41.38	-85.66
Net Income Growth	-31.70%	-19.29%	-29.59%	-	-	-
Shares Outstanding (Basic)	50	50	50	50	50	50
Shares Outstanding (Diluted)	50	50	50	50	50	50
Shares Change (YoY)	0.50%	-	-	-	-	-
EPS (Basic)	0.35	0.43	0.54	0.76	-0.83	-1.71
EPS (Diluted)	0.35	0.43	0.54	0.76	-0.83	-1.71
EPS Growth	-32.04%	-19.29%	-29.59%	-	-	-
Free Cash Flow	-329.85	-90.58	249.83	-109.75	-129.27	-64.84
Free Cash Flow Per Share	-6.58	-1.81	5.00	-2.19	-2.58	-1.30
Operating Margin	-1.09%	-2.05%	-0.90%	3.02%	-4.03%	-8.79%
Profit Margin	1.27%	1.54%	2.76%	4.24%	-4.44%	-10.33%
Free Cash Flow Margin	-24.22%	-6.45%	25.67%	-12.18%	-13.88%	-7.82%
EBITDA	-13.57	-27.42	-7	28.15	-35.61	-71.23
EBITDA Margin	-1.00%	-1.95%	-0.72%	3.13%	-3.82%	-8.59%
D&A For EBITDA	1.24	1.4	1.78	0.92	1.95	1.62
EBIT	-14.8	-28.82	-8.78	27.24	-37.56	-72.85
EBIT Margin	-1.09%	-2.05%	-0.90%	3.02%	-4.03%	-8.79%
Effective Tax Rate	34.78%	27.18%	26.11%	19.07%	-	-

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